engcon Management
Management criteria checks 2/4
engcon's CEO is Krister Blomgren, appointed in Jan 2011, has a tenure of 13.5 years. total yearly compensation is SEK4.21M, comprised of 72.2% salary and 27.8% bonuses, including company stock and options. directly owns 0.83% of the company’s shares, worth SEK116.37M. The average tenure of the management team and the board of directors is 1.5 years and 2.4 years respectively.
Key information
Krister Blomgren
Chief executive officer
SEK 4.2m
Total compensation
| CEO salary percentage | 72.2% |
| CEO tenure | 13.5yrs |
| CEO ownership | 0.8% |
| Management average tenure | 1.5yrs |
| Board average tenure | 2.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | SEK 183m |
| Dec 31 2023 | SEK 4m | SEK 3m | SEK 275m |
| Sep 30 2023 | n/a | n/a | SEK 353m |
| Jun 30 2023 | n/a | n/a | SEK 388m |
| Mar 31 2023 | n/a | n/a | SEK 377m |
| Dec 31 2022 | SEK 5m | SEK 3m | SEK 305m |
| Sep 30 2022 | n/a | n/a | SEK 291m |
| Jun 30 2022 | n/a | n/a | SEK 286m |
| Mar 31 2022 | n/a | n/a | SEK 270m |
| Dec 31 2021 | SEK 2m | SEK 1m | SEK 249m |
| Dec 31 2020 | SEK 2m | SEK 1m | SEK 161m |
| Dec 31 2019 | SEK 2m | SEK 1m | SEK 144m |
Compensation vs Market: Krister's total compensation ($USD401.17K) is below average for companies of similar size in the UK market ($USD2.14M).
Compensation vs Earnings: Krister's compensation has been consistent with company performance over the past year.
CEO
Krister Blomgren (57 yo)
13.5yrs
Tenure
SEK 4,205,000
Compensation
Krister Blomgren is Chief Executive Officer and President at engcon AB (publ) since 2011. Krister Blomgre holds Master’s Degree in Economics from Mid Sweden University in Östersund. Krister Blomgren's othe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 13.5yrs | SEK 4.21m | 0.83% SEK 109.8m | |
| Chief Financial Officer | 2.5yrs | no data | 0.00066% SEK 87.4k | |
| Chief Product & Technology Officer | less than a year | no data | no data | |
| Chief Communication & Marketing Officer | 1.5yrs | no data | 0.00032% SEK 42.4k | |
| Chief People Officer | 1.5yrs | no data | no data | |
| Head of Production Poland & Strategic purchasing | less than a year | no data | no data | |
| Head of Production Sweden | less than a year | no data | no data | |
| Region Director | 1.5yrs | no data | no data |
1.5yrs
Average Tenure
50.5yo
Average Age
Experienced Management: ENGCBS's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | less than a year | no data | no data | |
| Independent Director | 2.4yrs | SEK 350.00k | 0.0037% SEK 492.4k | |
| Independent Chair of the Board | 2.4yrs | SEK 590.00k | 0.0037% SEK 492.4k | |
| Director | 21.5yrs | SEK 250.00k | 35.43% SEK 4.7b | |
| Independent Director | 20.5yrs | SEK 300.00k | 31.97% SEK 4.2b |
2.4yrs
Average Tenure
61yo
Average Age
Experienced Board: ENGCBS's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.