GN Store Nord Management

Management criteria checks 1/4

GN Store Nord's CEO is Peter Karlstromer, appointed in Oct 2023, has a tenure of less than a year. total yearly compensation is DKK18.90M, comprised of 43.9% salary and 56.1% bonuses, including company stock and options. directly owns 0.018% of the company’s shares, worth DKK4.94M. The average tenure of the management team and the board of directors is 1.3 years and 2.1 years respectively.

Key information

Peter Karlstromer

Chief executive officer

kr.18.9m

Total compensation

CEO salary percentage	43.9%
CEO tenure	less than a year
CEO ownership	0.02%
Management average tenure	1.3yrs
Board average tenure	2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Karlstromer's remuneration changed compared to GN Store Nord's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	kr.19m	kr.8m	kr.228m

Compensation vs Market: Peter's total compensation ($USD2.71M) is about average for companies of similar size in the Danish market ($USD2.12M).

Compensation vs Earnings: Insufficient data to compare Peter's compensation with company performance.

CEO

Peter Karlstromer (52 yo)

less than a year

Tenure

kr.18,900,000

Compensation

Mr. Peter Karlstromer serves as Chief Executive Officer of GN Store Nord A/S and GN Hearing A/S since October 01, 2023. He had been Divisional President of Security Services Europe at Securitas AB since Ma...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Peter Karlstromer	Chief Executive Officer	less than a year	kr.18.90m	0.018% DKK 4.9m
Soren Jelert	Chief Financial Officer	less than a year	kr.6.40m	no data
Stefan Bergfors	Chief Operations Officer	1.3yrs	no data	no data
Brian Pedersen	Chief Technical Officer	no data	no data	no data
Ann Fogelgren	Chief Information Officer	1.3yrs	no data	no data
Rune Sandager	Head of Investor Relations	no data	no data	no data
Steen Laursen	Vice President of Group Communication	no data	no data	no data
Pierre Berkmann	Chief People Officer	1.3yrs	no data	no data
Ehtisham Rabbani	President of Gaming & Consumer Division	1.3yrs	no data	no data
Aurangzeb Khan	Senior Vice President of Intelligent Vision Systems - GN Jabra	no data	no data	no data
Calum MacDougall	Interim President of Enterprise Division	1.3yrs	no data	no data
Christoph Schmid	Chief R&D Officer	1.3yrs	no data	no data

1.3yrs

Average Tenure

51yo

Average Age

Experienced Management: GN's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Leo Larsen	Employee Representative Director	17.3yrs	kr.444.00k	0.00095% DKK 260.1k
Kim Hansen	Director	less than a year	no data	no data
Jukka Pertola	Independent Chairman of the Board of Directors	4.1yrs	kr.1.70m	0.0058% DKK 1.6m
Jorgen Hansen	Director	less than a year	no data	no data
Klaus Holse	Independent Deputy Chairman of Board	1.1yrs	kr.1.12m	no data
Anette Weber	Independent Director	4.1yrs	kr.1.14m	0.0028% DKK 772.2k
Helene Barnekow	Independent Director	11.3yrs	kr.1.21m	0.0069% DKK 1.9m
Claus Holmbeck-Madsen	Employee Elected Director	2.1yrs	kr.305.00k	no data
Cathrin Hansen	Employee Elected Director	2.1yrs	kr.305.00k	no data

2.1yrs

Average Tenure

58yo

Average Age

Experienced Board: GN's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.

GN Store Nord Management

Management criteria checks 1/4

Key information

Recent management updates

Less than half of directors are independent

GN Store Nord A/S Announces Board and Committee Appointments

Less than half of directors are independent

GN Store Nord A/S Announces Change to the Board of Directors

Chief Executive Officer recently bought kr.1.6m worth of stock

Chief Executive Officer of GN Audio recently bought kr.636k worth of stock

Recent updates

Now 22% undervalued

Less than half of directors are independent

GN Store Nord A/S Announces Board and Committee Appointments

Full year 2023 earnings released: EPS: kr.1.64 (vs kr.4.00 in FY 2022)

GN Store Nord A/S Provides Financial Guidance for the Year 2024

Now 20% undervalued

Now 20% undervalued

Less than half of directors are independent

GN Store Nord A/S Announces Change to the Board of Directors

Chief Executive Officer recently bought kr.1.6m worth of stock

GN Store Nord A/S to Report Fiscal Year 2023 Final Results on Feb 08, 2024

GN Store Nord A/S to Report Q3, 2024 Results on Nov 07, 2024

Third quarter 2023 earnings released: EPS: kr.1.47 (vs kr.1.54 in 3Q 2022)

New minor risk - Share price stability

MCH completed the acquisition of BelaudiCAo, Unipessoal, Lda from GN Store Nord A/S (CPSE:GN).

Chief Executive Officer of GN Audio recently bought kr.636k worth of stock

GN Store Nord A/S Announces Chief Executive Changes

Gn Store Nord A/S Provides Earnings Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: kr.0.23 (vs kr.1.89 in 2Q 2022)

MCH signed an agreement to acquire BelaudiCAo, Unipessoal, Lda from GN Store Nord A/S (CPSE:GN).

GN Store Nord A/S has completed a Follow-on Equity Offering in the amount of DKK 2.771094 billion.

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Key Executive recently bought kr.499k worth of stock

GN Store Nord A/S Provides Earnings Guidance for the Year of 2023

Full year 2022 earnings released: EPS: kr.4.00 (vs kr.13.63 in FY 2021)

William Demant Invest A/S acquired an unknown minority stake in GN Store Nord A/S.

GN Store Nord A/S announced that it expects to receive DKK 7 billion in funding

Consensus EPS estimates fall by 13%

A Look At The Intrinsic Value Of GN Store Nord A/S (CPH:GN)

Now 22% undervalued

Per Wold-Olsen to Not Seek Re-Election as Chair of GN Store Nord A/S

GN Store Nord (CPH:GN) Takes On Some Risk With Its Use Of Debt

Independent Director recently bought kr.118k worth of stock

GN Store Nord A/S Announces Executive Changes

Is It Too Late To Consider Buying GN Store Nord A/S (CPH:GN)?

GN Store Nord's (CPH:GN) Soft Earnings Are Actually Better Than They Appear

Consensus EPS estimates fall by 11%

High number of new directors

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

GN Store Nord A/S Provides Earnings Guidance for 2022

GN Store Nord A/S Announces Appointment of Peter Karlstromer as CEO

Consensus EPS estimates fall by 15%

Investor sentiment improved over the past week

Price target decreased to kr.301

Investor sentiment deteriorated over the past week

Now 26% undervalued after recent price drop

Now 20% undervalued after recent price drop

Consensus EPS estimates fall by 17%

Second quarter 2022 earnings released: EPS: kr.1.89 (vs kr.3.29 in 2Q 2021)

GN Store Nord A/S Provides Earnings Guidance for the Year 2022

Gn Store Nord A/S Launches New Technology Platform to Address the No.1 Hearing Aid Challenge: Hearing Speech in Noise

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Jabra Launches the Engage 55, the Newest Product in Jabra's Engage Series

Price target decreased to kr.389

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

High number of new directors

High number of new directors

Price target decreased to kr.469

Upcoming dividend of kr.1.55 per share

GN Store Nord A/S Announces Not to Stand for Re-Election of Wolfgang Reim as Board Member

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Consensus forecasts updated

GN Store Nord Proposes Dividend for the Year 2021

GN Hearing Unveils New ReSound One Behind-The-Ear Models

Third quarter 2021 earnings released: EPS kr.3.37 (vs kr.4.78 in 3Q 2020)

Second quarter 2021 earnings released: EPS kr.3.29 (vs kr.0.062 in 2Q 2020)