Prevas Management
Management criteria checks 3/4
Prevas' CEO is Magnus Welen, appointed in Jun 2023, has a tenure of 1.42 years. total yearly compensation is SEK3.77M, comprised of 40.9% salary and 59.1% bonuses, including company stock and options. directly owns 0.091% of the company’s shares, worth SEK1.20M. The average tenure of the management team and the board of directors is 2.4 years and 3.4 years respectively.
Key information
Magnus Welen
Chief executive officer
SEK 3.8m
Total compensation
| CEO salary percentage | 40.9% |
| CEO tenure | 1.4yrs |
| CEO ownership | 0.09% |
| Management average tenure | 2.4yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | SEK 99m |
| Jun 30 2024 | n/a | n/a | SEK 111m |
| Mar 31 2024 | n/a | n/a | SEK 110m |
| Dec 31 2023 | SEK 4m | SEK 2m | SEK 118m |
Compensation vs Market: Magnus's total compensation ($USD345.22K) is about average for companies of similar size in the UK market ($USD353.74K).
Compensation vs Earnings: Insufficient data to compare Magnus's compensation with company performance.
CEO
Magnus Welen (52 yo)
1.4yrs
Tenure
SEK 3,765,560
Compensation
Mr. Magnus Welén is Chief Executive Officer of Prevas AB from June 01, 2023 and serves as its President since 2023. He is currently regional manager for Mälardalen and is the managing director of Prevas' l...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 1.4yrs | SEK 3.77m | 0.091% SEK 1.2m | |
| Chief Financial Officer | 2.4yrs | no data | 0.050% SEK 670.9k | |
| Chief Accountant | no data | no data | no data | |
| Head of Communication & Sustainability | 37.8yrs | no data | 4.22% SEK 56.1m |
2.4yrs
Average Tenure
52yo
Average Age
Experienced Management: 0H2J's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 1.8yrs | SEK 16.67m | 1.24% SEK 16.5m | |
| Independent Chairman of the Board | 6.5yrs | SEK 423.00k | 0.073% SEK 969.8k | |
| Independent Director | 3.4yrs | SEK 212.00k | no data | |
| Director | 3.4yrs | SEK 212.00k | 0.024% SEK 320.1k | |
| Independent Director | 6.8yrs | SEK 212.00k | 0.023% SEK 309.6k | |
| Independent Director | 4.5yrs | SEK 212.00k | 0.012% SEK 165.2k | |
| Employee Representative Director | 4.5yrs | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Employee Representative Director | 1.5yrs | no data | no data |
3.4yrs
Average Tenure
57yo
Average Age
Experienced Board: 0H2J's board of directors are considered experienced (3.4 years average tenure).