Munters Group AB (publ)

BATS-CHIXE:MTRSS Stock Report

Market Cap: kr41.6b

Munters Group Management

Management criteria checks 2/4

Munters Group's CEO is Klas Forsstrom, appointed in Aug 2019, has a tenure of 4.75 years. total yearly compensation is SEK19.68M, comprised of 41.3% salary and 58.7% bonuses, including company stock and options. directly owns 0.087% of the company’s shares, worth SEK36.16M. The average tenure of the management team and the board of directors is 2.6 years and 2 years respectively.

Key information

Klas Forsstrom

Chief executive officer

kr19.7m

Total compensation

CEO salary percentage41.3%
CEO tenure4.8yrs
CEO ownership0.09%
Management average tenure2.6yrs
Board average tenure2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Klas Forsstrom's remuneration changed compared to Munters Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

kr788m

Dec 31 2023kr20mkr8m

kr784m

Sep 30 2023n/an/a

kr858m

Jun 30 2023n/an/a

kr773m

Mar 31 2023n/an/a

kr687m

Dec 31 2022kr15mkr8m

kr577m

Sep 30 2022n/an/a

kr582m

Jun 30 2022n/an/a

kr544m

Mar 31 2022n/an/a

kr457m

Dec 31 2021kr15mkr7m

kr513m

Sep 30 2021n/an/a

kr549m

Jun 30 2021n/an/a

kr574m

Mar 31 2021n/an/a

kr529m

Dec 31 2020kr17mkr7m

kr426m

Sep 30 2020n/an/a

kr334m

Jun 30 2020n/an/a

kr270m

Mar 31 2020n/an/a

kr335m

Dec 31 2019kr14mkr3m

kr282m

Compensation vs Market: Klas's total compensation ($USD1.87M) is about average for companies of similar size in the UK market ($USD2.44M).

Compensation vs Earnings: Klas's compensation has increased by more than 20% in the past year.


CEO

Klas Forsstrom (56 yo)

4.8yrs

Tenure

kr19,680,000

Compensation

Mr. Klas Forsstrom has been the President and Chief Executive Officer at Munters Group AB (publ) since August 12, 2019. Mr. Forsstrom served as the President of AirTech at Munters Group AB (publ) since Apr...


Leadership Team

NamePositionTenureCompensationOwnership
Klas Forsstrom
President & CEO4.8yrskr19.68m0.087%
SEK 36.2m
Katharina Fischer
Group VP & CFO1.3yrsno data0.00082%
SEK 341.3k
Ann-Sofi Jönsson
VP and Head of Investor Relations & Enterprise Risk Managementno datano datano data
Grete Stoltz
Group Vice President of HR & Sustainability2.6yrsno data0.00041%
SEK 170.6k
Stefan Mahl
Group VP & Head of Business Excellence4.3yrsno data0.015%
SEK 6.0m
Pia Linder
Group VP & President of FoodTech3.8yrsno data0.0026%
SEK 1.1m
Stefan Aspman
Group VP & President of Data Center Technologies1.3yrsno data0.0022%
SEK 911.4k
Henrik Teiwik
Group VP & President for AirTech1.8yrsno data0.0043%
SEK 1.8m
Andrew Cook
Senior Vice President of AirTech Americasno datano datano data
Lee Suffolk
Senior Vice President of AirTech-EMEAno datano datano data
Markus Karbach
Business Unit Manager & MD of EMEAno datano datano data
Johan Lekholm
Board Secretaryno datano datano data

2.6yrs

Average Tenure

51.5yo

Average Age

Experienced Management: MTRSS's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Magnus Nicolin
Chairman of the Board2yrskr1.41m0.011%
SEK 4.6m
Ingrid Fasth-Gillstedt
Independent Director7.3yrskr717.00k0.0027%
SEK 1.1m
Kristian Sildeby
Director7yrskr739.00k0.0066%
SEK 2.7m
Robert Wahlgren
Employee Representative Director14.3yrsno datano data
Simon Henriksson
Employee Representative Director7.3yrsno data0.00019%
SEK 79.1k
Maria Hakansson
Independent Director2yrskr545.00k0.0016%
SEK 682.5k
Anders Lindqvist
Independent Director2yrskr523.00k0.0016%
SEK 682.5k
Sabine Aissaoui
Independent Directorless than a yearkr329.00kno data
Elizabeth Nugent
Independent Directorless than a yearno datano data
Julia Jakobsson
Employee Representative Deputy Directorless than a yearno datano data
Sara Boije
Employee Representative Deputy Directorless than a yearno datano data

2.0yrs

Average Tenure

50yo

Average Age

Experienced Board: MTRSS's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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