MPC Container Ships Management
Management criteria checks 2/4
MPC Container Ships' CEO is Constantin Baack, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $1.00M, comprised of 23.7% salary and 76.3% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth €116.01K. The average tenure of the management team and the board of directors is 2 years and 6.9 years respectively.
Key information
Constantin Baack
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 23.7% |
| CEO tenure | less than a year |
| CEO ownership | 0.01% |
| Management average tenure | 2yrs |
| Board average tenure | 6.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$241m |
| Jun 30 2024 | n/a | n/a | US$245m |
| Mar 31 2024 | n/a | n/a | US$282m |
| Dec 31 2023 | US$1m | US$238k | US$325m |
| Sep 30 2023 | n/a | n/a | US$393m |
| Jun 30 2023 | n/a | n/a | US$449m |
| Mar 31 2023 | n/a | n/a | US$438m |
| Dec 31 2022 | US$549k | US$233k | US$435m |
| Sep 30 2022 | n/a | n/a | US$459m |
| Jun 30 2022 | n/a | n/a | US$381m |
| Mar 31 2022 | n/a | n/a | US$303m |
| Dec 31 2021 | US$6m | US$171k | US$190m |
| Sep 30 2021 | n/a | n/a | US$44m |
| Jun 30 2021 | n/a | n/a | -US$21m |
| Mar 31 2021 | n/a | n/a | -US$50m |
| Dec 31 2020 | US$338k | US$180k | -US$64m |
| Sep 30 2020 | n/a | n/a | -US$60m |
| Jun 30 2020 | n/a | n/a | -US$54m |
| Mar 31 2020 | n/a | n/a | -US$43m |
| Dec 31 2019 | US$322k | US$173k | -US$40m |
| Sep 30 2019 | n/a | n/a | -US$31m |
| Jun 30 2019 | n/a | n/a | -US$18m |
| Mar 31 2019 | n/a | n/a | -US$10m |
| Dec 31 2018 | US$446k | US$298k | -US$2m |
Compensation vs Market: Constantin's total compensation ($USD1.00M) is below average for companies of similar size in the German market ($USD1.46M).
Compensation vs Earnings: Constantin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Constantin Baack
less than a year
Tenure
US$1,002,946
Compensation
Mr. Constantin Baack has been Member of Management Board at MPC M nchmeyer Petersen Capital AG since April 1, 2015 and serves as Chief Executive Officer and Chairman of Management Board since June 13, 2024...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | less than a year | US$1.00m | 0.015% € 116.0k | |
| Co-CEO & CFO | 2yrs | US$197.59k | no data | |
| Chief Operating Officer | 1.9yrs | no data | no data | |
| Executive VP & GM of Norway | 3.5yrs | no data | no data |
2.0yrs
Average Tenure
Experienced Management: MP2's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 7.6yrs | US$50.00k | 15.78% € 123.1m | |
| Chairman of the Board | 7.7yrs | US$90.00k | 0.037% € 291.2k | |
| Independent Director | 6.9yrs | US$50.00k | 0.014% € 105.5k | |
| Independent Director | 2.8yrs | US$50.00k | 0.045% € 351.7k | |
| Independent Director | 2yrs | US$50.00k | no data |
6.9yrs
Average Tenure
60yo
Average Age
Experienced Board: MP2's board of directors are considered experienced (6.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 21:51 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MPC Container Ships ASA is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Donald McLee | Berenberg |
| Marius Furuly | Carnegie Investment Bank AB |
| Jørgen Lian | DNB Markets |