Musti Group Oyj Management

Management criteria checks 1/4

Musti Group Oyj's CEO is David Ronnberg, appointed in Jan 2017, has a tenure of 7.83 years. directly owns 0.004% of the company’s shares, worth €29.45K. The average tenure of the management team and the board of directors is 6.3 years and 1.7 years respectively.

Key information

David Ronnberg

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	7.8yrs
CEO ownership	0.004%
Management average tenure	6.3yrs
Board average tenure	1.7yrs

Recent management updates

Recent updates

CEO

David Ronnberg (47 yo)

7.8yrs

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	7.8yrs	no data	0.0042% € 29.4k
Robert Berglund	Chief Financial Officer	less than a year	no data	no data
Pamela Nelimarkka	Chief Operating Officer	2.2yrs	no data	no data
Nanna Martin-Lof	Head of Human Resources	6.8yrs	no data	no data
Sami Tanner	Head of Strategy	6.8yrs	no data	no data
Ellinor Nilsson	Chief Commercial Officer	6.8yrs	no data	no data
Malin Nygren	Chief Customer Officer	5.8yrs	no data	no data
Erik Skjærstad	Head of Norway & New Markets	no data	no data	0.0090% € 63.5k
Daniel Pettersson	Head of Sweden and Finland	2.6yrs	no data	0.0045% € 31.8k
Annamaija Hujala	Head of Pureplay & Member of the Group Management Team	no data	no data	no data

6.3yrs

Average Tenure

47yo

Average Age

Experienced Management: 0A3B's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Maria Claudia de Azevedo	Chair of the Board	less than a year	no data	no data
Inka Mero	Independent Director	2.8yrs	€40.00k	no data
Jeffrey David	Independent Vice-Chair of the Board	8.8yrs	€70.00k	0.65% € 4.6m
Joao Pedro da Silva Torres Dolores	Director	less than a year	no data	no data
Joao Nonell Amaral	Director	less than a year	no data	no data
Johan Dettel	Independent Director	2.8yrs	€42.50k	0.042% € 298.1k

1.7yrs

Average Tenure

51yo

Average Age

Experienced Board: 0A3B's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.

Musti Group Oyj Management

Management criteria checks 1/4

Key information

Recent management updates

Musti Group plc Announces CFO Changes

High number of new directors

Musti Group plc Announces Board Appointments

Chief Commercial Officer recently sold €485k worth of stock

Musti Group Oyj Announces Executive Appointments

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

Recent updates

Musti Group Oyj (HLSE:MUSTI) completed the acquisition of Petcity OÜ from Magnum Veterinaaria AS for an enterprise value of €18 million.

New major risk - Share price stability

Now 73% overvalued after recent price rise

Full year 2024 earnings released: EPS: €0.11 (vs €0.79 in FY 2023)

Now 21% overvalued after recent price rise

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.

New major risk - Financial position

Third quarter 2024 earnings released: €0.01 loss per share (vs €0.22 profit in 3Q 2023)

Investor sentiment improves as stock rises 18%

Musti Group plc Announces CFO Changes

Second quarter 2024 earnings released: €0.15 loss per share (vs €0.14 profit in 2Q 2023)

High number of new directors

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

Musti Group Oyj Announces Withdraw of Earnings Guidance for the Year 2024

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.

Chief Commercial Officer recently sold €485k worth of stock

Dividend of €0.30 announced

Musti Group Oyj Announces Executive Appointments

First quarter 2024 earnings released: EPS: €0.17 (vs €0.21 in 1Q 2023)

Upcoming dividend of €0.30 per share at 2.3% yield

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)

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.

Investor sentiment improves as stock rises 28%

Investor sentiment improves as stock rises 63%

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

New major risk - Share price stability

Investor sentiment improves as stock rises 51%

Investor sentiment improves as stock rises 60%

Investor sentiment improves as stock rises 66%

Investor sentiment improves as stock rises 46%

Investor sentiment improves as stock rises 64%

Upcoming dividend of €0.25 per share at 2.7% yield

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

Third quarter 2023 earnings released: EPS: €0.22 (vs €0.13 in 3Q 2022)

Musti Group plc Provides Earnings Guidance for the Financial Year 2024

Investor sentiment improves as stock rises 69%

Investor sentiment improves as stock rises 68%

Investor sentiment improves as stock rises 59%

Investor sentiment improves as stock rises 53%

Investor sentiment improves as stock rises 46%

Now 21% undervalued

Investor sentiment improves as stock rises 53%

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

Investor sentiment improves as stock rises 65%

Investor sentiment improves as stock rises 80%

Investor sentiment improves as stock rises 78%

Investor sentiment improves as stock rises 69%

Investor sentiment improves as stock rises 58%

Investor sentiment improves as stock rises 90%

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

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Chief Executive Officer recently bought €178k worth of stock

Now 21% undervalued after recent price drop

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

Investor sentiment improved over the past week

Chief Executive Officer recently bought €90k worth of stock

Now 23% undervalued after recent price drop

Investor sentiment improved over the past week

Now 24% undervalued after recent price drop

Musti Group plc Expects to Pay Dividend

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week