Musti Group Oyj Management

Management criteria checks 2/4

Musti Group Oyj's CEO is David Ronnberg, appointed in Jan 2017, has a tenure of 7.25 years. directly owns 0.004% of the company’s shares, worth €34.78K. The average tenure of the management team and the board of directors is 5.8 years and 3.3 years respectively.

Key information

David Ronnberg

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	7.3yrs
CEO ownership	0.004%
Management average tenure	5.8yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO

David Ronnberg (46 yo)

7.3yrs

Tenure

Mr. David Ronnberg serves as Chief Executive Officer at Musti Group Oyj since 2017. Mr. Ronnberg served as Independent Director of Public Joint Stock Company Detsky Mir since 2021 until July 2022. Mr. Ronn...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Ronnberg	Chief Executive Officer	7.3yrs	no data	0.0042% € 34.8k
Toni Rannikko	Chief Financial Officer	2.6yrs	no data	no data
Pamela Nelimarkka	Chief Operating Officer	1.6yrs	no data	no data
Nanna Martin-Lof	Head of Human Resources	6.3yrs	no data	0% € 0
Sami Tanner	Head of Strategy	6.3yrs	no data	no data
Ellinor Nilsson	Chief Commercial Officer	6.3yrs	no data	0% € 0
Malin Nygren	Chief Customer Officer	5.3yrs	no data	0% € 0
Erik Skjærstad	Head of Norway & New Markets	no data	no data	0.045% € 378.7k
Daniel Pettersson	Head of Sweden and Finland	2yrs	no data	0.0045% € 37.5k
Annamaija Hujala	Head of Pureplay & Member of the Group Management Team	no data	no data	no data

5.8yrs

Average Tenure

46yo

Average Age

Experienced Management: MUSTIH's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ingrid Blank	Independent Vice-Chairman of the Board	10.3yrs	€45.00k	0% € 0
Inka Mero	Independent Director	2.3yrs	€40.00k	0% € 0
Jeffrey David	Independent Chairman of the Board	8.3yrs	€70.00k	0.65% € 5.4m
Ilkka Laurila	Independent Director	3.3yrs	€42.50k	0% € 0
Johan Dettel	Independent Director	2.3yrs	€42.50k	0.042% € 352.1k

3.3yrs

Average Tenure

47yo

Average Age

Experienced Board: MUSTIH's board of directors are considered experienced (3.3 years average tenure).

Musti Group Oyj Management

Management criteria checks 2/4

Key information

Recent management updates

Musti Group plc Announces CFO Changes

Musti Group plc Announces Board Appointments

Musti Group Oyj Announces Executive Appointments

Head of Sweden and Finland recently sold €247k worth of stock

Musti Group Oyj Approves Board Appointments

Chief Executive Officer recently bought €90k worth of stock

Recent updates

Musti Group Oyj (HLSE:MUSTI) signed a share purchase agreement to acquire Petcity OÜ from Magnum Veterinaaria AS for an enterprise value of €18 million.

Musti Group plc Announces CFO Changes

Musti Group Oyj to Report Fiscal Year 2024 Final Results on Mar 14, 2025

Musti Group Oyj Announces Amend the Dividend Policy

Musti Group plc Announces Board Appointments

Sonae, SGPS, S.A. (ENXTLS:SON), Jeffrey David, Johan Dettel and David Rönnberg completed the acquisition of 80.58% stake in Musti Group Oyj (HLSE : MUSTI).

Sonae, SGPS, S.A. (ENXTLS:SON), Jeffrey David, Johan Dettel and David Rönnberg completed the acquisition of a remaining 95.8% stake in Musti Group Oyj.

Sonae, SGPS, S.A. (ENXTLS:SON), Jeffrey David, Johan Dettel and David Rönnberg completed the acquisition of a remaining 95.8% stake in Musti Group Oyj.

Musti Group Oyj Announces Executive Appointments

Final dividend of €0.30 announced

Head of Sweden and Finland recently sold €247k worth of stock

Full year 2023 earnings released: EPS: €0.79 (vs €0.67 in FY 2022)

Investor sentiment improves as stock rises 55%

Sonae, SGPS, S.A. (ENXTLS:SON), Jeffrey David, Johan Dettel and David Rönnberg entered into an agreement for tender offer to acquire remaining 95.8% stake in Musti Group Oyj (HLSE : MUSTI) for approximately €870 million.

Full year 2023 earnings released: EPS: €0.79 (vs €0.67 in FY 2022)

Musti Group Oyj to Report Q1, 2024 Results on Feb 01, 2024

Musti Group plc Provides Earnings Guidance for the Financial Year 2024

Second quarter 2023 earnings released: EPS: €0.14 (vs €0.11 in 2Q 2022)

First quarter 2023 earnings released: EPS: €0.21 (vs €0.20 in 1Q 2022)

Musti Group Oyj Approves Board Appointments

Upcoming dividend of €0.25 per share at 3.2% yield

Now 20% undervalued after recent price drop

Full year 2022 earnings released: EPS: €0.67 (vs €0.63 in FY 2021)

Chief Executive Officer recently bought €90k worth of stock

Now 23% undervalued after recent price drop

Musti Group plc Expects to Pay Dividend

Now 25% undervalued

Musti Group Oyj, Annual General Meeting, Jan 30, 2023

Third quarter 2022 earnings released: EPS: €0.13 (vs €0.12 in 3Q 2021)

Musti Group plc Announces Dividend Policy

Upcoming dividend of €0.22 per share

Now 21% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Musti Group Appoints Pamela Nelimarkka as COO, Effective 9 September 2022

Now 20% undervalued after recent price drop

Musti Group Oyj Ordinary Shares to Be Deleted from Other OTC

Second quarter 2022 earnings released: EPS: €0.11 (vs €0.11 in 2Q 2021)

Now 26% undervalued after recent price drop

Investor sentiment improved over the past week

Now 21% undervalued after recent price drop

Musti Group plc Announces Management Changes

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Musti Group Oyj Announces Dividend Policy

Musti Group Oyj Announces Management Appointments

Musti Group Oyj Announces Executive Changes

Inaugural dividend of €0.22 per share

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS €0.12 (vs €0.14 in 3Q 2020)

Second quarter 2021 earnings released: EPS €0.11 (vs €0.086 loss in 2Q 2020)

New 90-day high: €27.31

First quarter 2021 earnings released: EPS €0.24 (vs €0.13 in 1Q 2020)

Revenue beats expectations

Independent Director has left the company

Independent Director has left the company

New 90-day high: €25.64

Musti Group Oyj Elects Ilkka Laurila as the New Member of the Board of Directors

New 90-day high: €25.64

Full year 2020 earnings released: EPS €0.37

Revenue beats expectations

New 90-day high: €22.22

Musti Group Oyj to Report Q1, 2021 Results on Feb 09, 2021

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age