Modern Times Group MTG Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Maria Redin

Chief executive officer

kr21.0m

Total compensation

CEO salary percentage	34.0%
CEO tenure	3.6yrs
CEO ownership	n/a
Management average tenure	1.7yrs
Board average tenure	3.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Maria Redin's remuneration changed compared to Modern Times Group MTG's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	kr109m
Dec 31 2023	n/a	n/a	kr164m
Sep 30 2023	n/a	n/a	kr6m
Jun 30 2023	n/a	n/a	kr278m
Mar 31 2023	n/a	n/a	kr491m
Dec 31 2022	kr21m	kr7m	kr356m
Sep 30 2022	n/a	n/a	kr382m
Jun 30 2022	n/a	n/a	-kr2m
Mar 31 2022	n/a	n/a	-kr289m
Dec 31 2021	kr13m	kr6m	-kr193m
Sep 30 2021	n/a	n/a	kr116m
Jun 30 2021	n/a	n/a	kr49m
Mar 31 2021	n/a	n/a	-kr83m
Dec 31 2020	kr4m	kr2m	-kr228m

Compensation vs Market: Maria's total compensation ($USD1.93M) is above average for companies of similar size in the UK market ($USD1.34M).

Compensation vs Earnings: Maria's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Maria Redin (45 yo)

3.6yrs

Tenure

kr20,986,000

Compensation

Ms. Maria Redin serves as Director of Hemnet Group AB (publ) since April 29, 2022. She has been Group President and Chief Executive Officer at Modern Times Group MTG AB (publ) since September 03, 2020. She...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Maria Redin	Group President & CEO	3.6yrs	kr20.99m	no data
Nils Mosko	Chief Financial Officer	less than a year	no data	no data
Simon Hahn	Group General Counsel	less than a year	no data	no data
Christian Pern	Chief Marketing Officer	2yrs	no data	no data
Melanie Calu	Director of People & Culture	1.3yrs	no data	no data
Bartek Gudowski	Chief Technology Officer of Viasat Broadcasting	11.4yrs	no data	no data
Arnd Benninghoff	Executive Vice President of Gaming	5.3yrs	no data	0.023% SEK 2.5m
Tobias Gyhlénius	Head of Public Relations	no data	no data	no data
Stephen Harris	Co-Founder & CCO of Ninja Kiwi	1.4yrs	no data	no data
Oliver Bulloss	Chief Product Officer	less than a year	no data	no data
Anders Jensen	President & CEO of NENT Group	6.1yrs	no data	0% SEK 0
Hendrik Klindworth	CEO & Founder of InnoGames	no data	no data	no data

1.7yrs

Average Tenure

54yo

Average Age

Experienced Management: 0GXJ's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Liia Nou	Independent Non-Executive Director	less than a year	no data	no data
Simon Duffy	Independent Non-Executive Chairman	15.9yrs	kr1.80m	0.012% SEK 1.3m
Gerhard Florin	Independent Non-Executive Director	5.9yrs	kr840.00k	0.0055% SEK 596.3k
Florian Schuhbauer	Non-Executive Director	1.8yrs	kr830.00k	no data
Natalie Tydeman	Independent Non-Executive Director	6.9yrs	kr770.00k	0.0011% SEK 119.5k
Susanne Maas	Non-Executive Director	less than a year	kr770.00k	no data
Lim Kin Leung	Independent Non-Executive Director	2.9yrs	kr830.00k	no data
Christopher Carvalho	Independent Non-Executive Director	3.9yrs	kr830.00k	0.0021% SEK 222.6k

3.4yrs

Average Tenure

58yo

Average Age

Experienced Board: 0GXJ's board of directors are considered experienced (3.4 years average tenure).

Modern Times Group MTG Management

Management criteria checks 1/4

Key information

Recent management updates

Modern Times Group MTG AB (publ.) Appoints Oliver Bulloss as Chief Product Officer

Modern Times Group Mtg AB (Publ) Appoints Nils Mösko as New CFO

Modern Times Group Mtg AB (Publ) Announces Board Appointments

Modern Times Group MTG AB (publ) Appoints Melanie Calu as New Group People and Culture Director

High number of new directors

Modern Times Group MTG AB (publ), Annual General Meeting, May 17, 2023

Recent updates

Modern Times Group MTG AB (publ) Provides Earnings Guidance for the Year 2024

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: kr1.33 (vs kr3.04 in FY 2022)

Full year 2023 earnings released: EPS: kr1.33 (vs kr3.04 in FY 2022)

Monumental, LLC acquired Kongregate Inc. from Modern Times Group MTG AB (publ) (OM:MTG B).

Modern Times Group MTG AB (publ.) Appoints Oliver Bulloss as Chief Product Officer

Now 21% undervalued

Now 21% undervalued

Now 20% undervalued

Modern Times Group MTG AB (publ) to Report Q3, 2024 Results on Oct 24, 2024

Third quarter 2023 earnings released

Modern Times Group MTG AB (publ) (OM:MTG B) commences an Equity Buyback for 10% of its issued share capital, under the authorization approved on May 17, 2023.

Now 21% undervalued

Modern Times Group MTG AB (publ) Reiterates Earnings Guidance for the Full Year 2023

Second quarter 2023 earnings released: EPS: kr0.49 (vs kr2.99 in 2Q 2022)

Investor sentiment improves as stock rises 18%

Modern Times Group Mtg AB (Publ) Appoints Nils Mösko as New CFO

Modern Times Group Mtg AB (Publ) Announces Board Appointments

Full year 2022 earnings released: EPS: kr3.04 (vs kr1.86 loss in FY 2021)

Full year 2022 earnings released: EPS: kr2.84 (vs kr3.85 loss in FY 2021)

Handelsbanken Fonder AB acquired an unknown stake in Modern Times Group MTG AB (publ) (OM:MTG B).

Modern Times Group MTG AB (publ) Appoints Melanie Calu as New Group People and Culture Director

High number of new directors

Modern Times Group MTG AB (publ), Annual General Meeting, May 17, 2023

Third quarter 2022 earnings released: EPS: kr3.53 (vs kr0.40 in 3Q 2021)

Modern Times Group MTG AB (publ), Annual General Meeting, May 17, 2023

Modern Times Group MTG AB (publ) Announces Executive Appointments

Modern Times Group MTG AB (publ) to Report Q4, 2022 Results on Feb 09, 2023

High number of new directors

Second quarter 2022 earnings released: kr0.57 loss per share (vs kr0.62 profit in 2Q 2021)

High number of new directors

Modern Times Group MTG AB (publ) Approves Election of Florian Schuhbauer as New Member of the Board

Independent Non-Executive Director recently bought kr750k worth of stock

Modern Times Group MTG AB (publ) Proposes an Extraordinary Cash Distribution

First quarter 2022 earnings released

Savvy Gaming Group completed the acquisition of ESL Gaming GmbH from Modern Times Group Mtg AB (OM:MTG B) and others for SEK 8.1 billion.

Full year 2021 earnings released: kr3.85 loss per share (vs kr3.39 loss in FY 2020)

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

Savvy Gaming Group agreed to acquire ESL Gaming GmbH from Modern Times Group Mtg AB (OM:MTG B) and others for an enterprise value of SEK 9.7 billion.

Key Executive recently bought kr295k worth of stock

Third quarter 2021 earnings released: EPS kr0.40 (vs kr0.99 loss in 3Q 2020)

Forecast to breakeven in 2022

Independent Non-Executive Chairman recently bought kr1.1m worth of stock

Second quarter 2021 earnings released: kr0.24 loss per share (vs kr1.01 loss in 2Q 2020)

Forecast breakeven pushed back to 2022

Forecast breakeven pushed back to 2022

Forecast breakeven pushed back to 2022

Independent Chairman David Chance has left the company

Full year 2020 earnings released: kr3.39 loss per share (vs kr8.19 loss in FY 2019)

New 90-day low: kr124

Full year 2020 earnings released: kr3.39 loss per share (vs kr8.19 loss in FY 2019)

Revenue misses expectations

Modern Times Group Mtg AB to Report Fiscal Year 2020 Results on Apr 13, 2021

Modern Times Group Mtg AB to Report Q4, 2020 Results on Feb 25, 2021

Modern Times Group Mtg AB (OM:MTG B) completed the acquisition of Hutch Games Ltd from Index Ventures SA, Initial Capital LLP, Backed LLP, Chris Lee and others.

Modern Times Group Mtg AB (OM:MTG B) acquired Hutch Games Ltd from Index Ventures SA, Initial Capital LLP, Backed LLP, Chris Lee and others for approximately $380 million

New 90-day high: kr146

Revenue misses expectations

Revenue misses expectations

Modern Times Group Mtg AB to Report Q3, 2021 Results on Oct 28, 2021

New 90-day low: kr113

Modern Times Group Mtg AB to Report Q4, 2009 Results on 02/11/2010

New 90-day high: kr133

Modern Times Group MTG ABs (Publ.) Announces Management Changes

New 90-day high - kr126

Modern Times Group Mtg AB Announces Resignation of Jørgen Madsen Lindemann as Chief Executive Officer

CEO Compensation Analysis

CEO

Tenure