Vitec Software Group's CEO is Olle Backman, appointed in Apr 2021, has a tenure of 5.08 years. total yearly compensation is SEK6.62M, comprised of 85.7% salary and 14.3% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth SEK11.42M. The average tenure of the management team and the board of directors is 5 years and 5.2 years respectively.
Key information
Olle Backman
Chief executive officer
SEK 6.6m
Total compensation
CEO salary percentage
85.66%
CEO tenure
5.1yrs
CEO ownership
0.1%
Management average tenure
5yrs
Board average tenure
5.2yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Olle Backman's remuneration changed compared to Vitec Software Group's earnings?
Date
Total Compensation
Salary
Company Earnings
Mar 31 2026
n/a
n/a
SEK 451m
Dec 31 2025
SEK 7m
SEK 6m
SEK 435m
Sep 30 2025
n/a
n/a
SEK 397m
Jun 30 2025
n/a
n/a
SEK 393m
Mar 31 2025
n/a
n/a
SEK 408m
Dec 31 2024
SEK 6m
SEK 5m
SEK 410m
Sep 30 2024
n/a
n/a
SEK 393m
Jun 30 2024
n/a
n/a
SEK 370m
Mar 31 2024
n/a
n/a
SEK 348m
Dec 31 2023
SEK 5m
SEK 5m
SEK 339m
Sep 30 2023
n/a
n/a
SEK 327m
Jun 30 2023
n/a
n/a
SEK 304m
Mar 31 2023
n/a
n/a
SEK 260m
Dec 31 2022
SEK 5m
SEK 4m
SEK 245m
Sep 30 2022
n/a
n/a
SEK 233m
Jun 30 2022
n/a
n/a
SEK 221m
Mar 31 2022
n/a
n/a
SEK 229m
Dec 31 2021
SEK 4m
SEK 3m
SEK 207m
Compensation vs Market: Olle's total compensation ($USD714.18K) is below average for companies of similar size in the UK market ($USD1.59M).
Compensation vs Earnings: Olle's compensation has been consistent with company performance over the past year.
CEO
Olle Backman (56 yo)
5.1yrs
Tenure
SEK 6,619,000
Compensation
Mr. Olle Backman is President at Vitec Software Group AB (publ). He has been Chief Executive Officer at Vitec Software Group AB since April 29, 2021 and also serves as its Director since 2021 and had been...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Lars Stenlund
Founder & Chairman of the Board
5.1yrs
SEK 830.00k
3.29% SEK 362.6m
Olle Backman
CEO, President & Director
5.1yrs
SEK 6.62m
0.10% SEK 11.4m
Peter Lidström
Chief Financial Officer
1.7yrs
no data
0.0041% SEK 454.0k
Gert Gustafsson
Chief Operating Officer
6.2yrs
no data
0.041% SEK 4.6m
Jerker Vallbo
CIO & CTO
no data
no data
0.60% SEK 66.5m
Patrik Fransson
Head of Investor Relations
9.3yrs
no data
no data
Anna Andersson
Head of Human Resources
4.9yrs
no data
0.012% SEK 1.3m
Anna-Karin Nilsson
Head of Brand
4.9yrs
no data
0.0051% SEK 562.0k
Ales Zobec
Head of M&A
4.9yrs
no data
0.037% SEK 4.0m
Richard Larsson
Chief Executive Officer of Software for Estate Agents - Sweden
no data
no data
no data
Janne Vainio
Chief Executive Officer of Vitec Acute
10.2yrs
no data
no data
Tom Theodorsen
Chief Executive Officer of Vitec HK Data
no data
no data
no data
5.0yrs
Average Tenure
57yo
Average Age
Experienced Management: VITBS's management team is seasoned and experienced (5 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Lars Stenlund
Founder & Chairman of the Board
5.1yrs
SEK 830.00k
3.29% SEK 362.6m
Olle Backman
CEO, President & Director
5.3yrs
SEK 6.62m
0.10% SEK 11.4m
Kaj Sandart
Independent Director
28.3yrs
SEK 293.00k
0.25% SEK 27.4m
Malin Ruijsenaars
Independent Director
3.1yrs
SEK 293.00k
0.0024% SEK 260.0k
Jan Friedman
Independent Director
16.3yrs
SEK 293.00k
0.047% SEK 5.2m
Karin Gunnarsson
Director
less than a year
no data
no data
Jonas Ahlberg
Director
less than a year
no data
no data
Anna Valtonen
Independent Director
14yrs
SEK 293.00k
0.00094% SEK 103.6k
5.2yrs
Average Tenure
61yo
Average Age
Experienced Board: VITBS's board of directors are considered experienced (5.2 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/06 07:46
End of Day Share Price
2026/05/04 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Vitec Software Group AB (publ) is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.