Precise Biometrics Management
Management criteria checks 1/4
Precise Biometrics' CEO is Joakim Nydemark, appointed in Aug 2023, has a tenure of 1.08 years. total yearly compensation is SEK3.34M, comprised of 31% salary and 69% bonuses, including company stock and options. directly owns 0.03% of the company’s shares, worth SEK86.32K. The average tenure of the management team and the board of directors is 0.8 years and 2.7 years respectively.
Key information
Joakim Nydemark
Chief executive officer
SEK 3.3m
Total compensation
| CEO salary percentage | 31.0% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.03% |
| Management average tenure | less than a year |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -SEK 21m |
| Mar 31 2024 | n/a | n/a | -SEK 22m |
| Dec 31 2023 | SEK 3m | SEK 1m | -SEK 26m |
Compensation vs Market: Joakim's total compensation ($USD330.56K) is about average for companies of similar size in the UK market ($USD366.60K).
Compensation vs Earnings: Insufficient data to compare Joakim's compensation with company performance.
CEO
Joakim Nydemark (53 yo)
1.1yrs
Tenure
SEK 3,338,000
Compensation
Mr. Joakim Nydemark served as Executive Vice President & CCO of Algo at Precise Biometrics AB (publ) since June 01, 2023 until August 28, 2023 and serves as its Chief Executive Officer since August 28, 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.1yrs | SEK 3.34m | 0.030% SEK 86.3k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Director of Investors Relations & Communications | no data | no data | no data | |
| Chief Marketing Officer | less than a year | no data | 0.032% SEK 92.5k | |
| Chief Commercial Officer of Digital Identity | less than a year | no data | no data | |
| CCO - Biometric Technologies | less than a year | no data | no data |
0.8yrs
Average Tenure
51.5yo
Average Age
Experienced Management: 0JDU's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.7yrs | SEK 219.00k | 0.032% SEK 92.5k | |
| Independent Chairman of the Board | 11.4yrs | SEK 615.00k | 0.15% SEK 432.1k | |
| Independent Director | 1.3yrs | SEK 180.00k | 0.090% SEK 259.0k | |
| Director | less than a year | no data | no data | |
| Independent Director | 5.3yrs | SEK 215.00k | 0.037% SEK 105.2k |
2.7yrs
Average Tenure
58yo
Average Age
Experienced Board: 0JDU's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.