Vestum Management
Management criteria checks 2/4
Vestum's CEO is Simon Gothberg, appointed in Nov 2023, has a tenure of less than a year. total yearly compensation is SEK4.29M, comprised of 71% salary and 29% bonuses, including company stock and options. directly owns 3.65% of the company’s shares, worth SEK143.65M. The average tenure of the management team and the board of directors is 3 years and 2.8 years respectively.
Key information
Simon Gothberg
Chief executive officer
SEK 4.3m
Total compensation
| CEO salary percentage | 71.0% |
| CEO tenure | less than a year |
| CEO ownership | 3.6% |
| Management average tenure | 3yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -SEK 56m |
| Mar 31 2024 | n/a | n/a | SEK 28m |
| Dec 31 2023 | SEK 4m | SEK 3m | SEK 102m |
Compensation vs Market: Simon's total compensation ($USD421.01K) is below average for companies of similar size in the UK market ($USD1.01M).
Compensation vs Earnings: Insufficient data to compare Simon's compensation with company performance.
CEO
Simon Gothberg (35 yo)
less than a year
Tenure
SEK 4,285,000
Compensation
Mr. Simon Gothberg serves as Chief Executive Officer at Vestum AB (publ) since November 01, 2023. He had been Deputy Chief Executive Officer at Vestum AB (publ) since January 16, 2023 until November 01, 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | less than a year | SEK 6.02m | 17.71% SEK 697.4m | |
| Chief Executive Officer | less than a year | SEK 4.29m | 3.65% SEK 143.7m | |
| Chief Financial Officer | 3yrs | no data | 3.59% SEK 141.5m | |
| General Counsel | 3.7yrs | SEK 4.06m | 3.62% SEK 142.5m |
3.0yrs
Average Tenure
40.5yo
Average Age
Experienced Management: VESTUS's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | less than a year | SEK 6.02m | 17.71% SEK 697.4m | |
| Independent Director | 8.7yrs | SEK 460.00k | 0.12% SEK 4.6m | |
| Independent Director | 3.7yrs | SEK 394.00k | 7.98% SEK 314.4m | |
| Independent Director | no data | SEK 668.00k | 6.44% SEK 253.6m | |
| Independent Director | 1.3yrs | SEK 239.00k | no data | |
| Independent Director | 2.8yrs | SEK 361.00k | no data |
2.8yrs
Average Tenure
46yo
Average Age
Experienced Board: VESTUS's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.