Arctic Paper Management
Management criteria checks 3/4
Arctic Paper's CEO is Michal Jarczynski, appointed in Feb 2019, has a tenure of 5.75 years. total yearly compensation is PLN1.50M, comprised of 68.2% salary and 31.8% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth PLN94.70K. The average tenure of the management team and the board of directors is 3.3 years and 8.2 years respectively.
Key information
Michal Jarczynski
Chief executive officer
zł1.5m
Total compensation
| CEO salary percentage | 68.2% |
| CEO tenure | 5.8yrs |
| CEO ownership | 0.008% |
| Management average tenure | 3.3yrs |
| Board average tenure | 8.2yrs |
Recent management updates
Recent updates
We Think That There Are More Issues For Arctic Paper (WSE:ATC) Than Just Sluggish Earnings
Nov 15
Arctic Paper (WSE:ATC) Has A Pretty Healthy Balance Sheet
Aug 10Arctic Paper (WSE:ATC) Is Reducing Its Dividend To PLN1.00
May 31We Take A Look At Why Arctic Paper S.A.'s (WSE:ATC) CEO Compensation Is Well Earned
May 23Arctic Paper's (WSE:ATC) Shareholders Will Receive A Smaller Dividend Than Last Year
May 02Why The 34% Return On Capital At Arctic Paper (WSE:ATC) Should Have Your Attention
Aug 04Are Investors Undervaluing Arctic Paper S.A. (WSE:ATC) By 24%?
Jun 15Here's Why We Think Arctic Paper (WSE:ATC) Might Deserve Your Attention Today
May 12Why The 25% Return On Capital At Arctic Paper (WSE:ATC) Should Have Your Attention
Nov 03These 4 Measures Indicate That Arctic Paper (WSE:ATC) Is Using Debt Reasonably Well
Oct 19With EPS Growth And More, Arctic Paper (WSE:ATC) Makes An Interesting Case
Sep 09We Like These Underlying Return On Capital Trends At Arctic Paper (WSE:ATC)
Aug 02Arctic Paper (WSE:ATC) Will Pay A Larger Dividend Than Last Year At zł0.40
May 28Calculating The Fair Value Of Arctic Paper S.A. (WSE:ATC)
May 10Arctic Paper's (WSE:ATC) Returns Have Hit A Wall
Apr 14Is Now The Time To Put Arctic Paper (WSE:ATC) On Your Watchlist?
Mar 23These 4 Measures Indicate That Arctic Paper (WSE:ATC) Is Using Debt Reasonably Well
Feb 25Slowing Rates Of Return At Arctic Paper (WSE:ATC) Leave Little Room For Excitement
Jan 03The Returns At Arctic Paper (WSE:ATC) Aren't Growing
Jun 02Here's Why Arctic Paper (WSE:ATC) Has A Meaningful Debt Burden
May 12Will The ROCE Trend At Arctic Paper (WSE:ATC) Continue?
Mar 03Is Arctic Paper (WSE:ATC) Using Too Much Debt?
Feb 10Here's Why I Think Arctic Paper (WSE:ATC) Might Deserve Your Attention Today
Jan 20Can You Imagine How Arctic Paper's (WSE:ATC) Shareholders Feel About The 64% Share Price Increase?
Dec 30Is Arctic Paper S.A. (WSE:ATC) Popular Amongst Insiders?
Dec 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | zł179m |
| Mar 31 2024 | n/a | n/a | zł222m |
| Dec 31 2023 | zł2m | zł1m | zł247m |
| Sep 30 2023 | n/a | n/a | zł272m |
| Jun 30 2023 | n/a | n/a | zł442m |
| Mar 31 2023 | n/a | n/a | zł618m |
| Dec 31 2022 | zł1m | zł803k | zł631m |
| Sep 30 2022 | n/a | n/a | zł601m |
| Jun 30 2022 | n/a | n/a | zł416m |
| Mar 31 2022 | n/a | n/a | zł219m |
| Dec 31 2021 | zł1m | zł770k | zł127m |
| Sep 30 2021 | n/a | n/a | zł86m |
| Jun 30 2021 | n/a | n/a | zł93m |
| Mar 31 2021 | n/a | n/a | zł85m |
| Dec 31 2020 | zł1m | zł696k | zł111m |
| Sep 30 2020 | n/a | n/a | zł120m |
| Jun 30 2020 | n/a | n/a | zł102m |
| Mar 31 2020 | n/a | n/a | zł123m |
| Dec 31 2019 | zł660k | zł660k | zł83m |
Compensation vs Market: Michal's total compensation ($USD360.91K) is about average for companies of similar size in the Polish market ($USD281.29K).
Compensation vs Earnings: Michal's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Michal Jarczynski
5.8yrs
Tenure
zł1,504,276
Compensation
Mr. Michal Piotr Jarczynski has been the President of the Management Board, Member of the Management Board and Chief Executive Officer at Arctic Paper S.A., since February 1, 2019. Mr. Jarczynski served as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President of Management Board & CEO | 5.8yrs | zł1.50m | 0.0080% PLN 94.7k | |
| CFO, Chief Accountant | 1.5yrs | zł416.68k | no data | |
| Executive VP of Sales & Marketing and Member of Management Board | 3.8yrs | zł605.49k | 0.0013% PLN 15.3k | |
| Group HR Manager | less than a year | no data | no data | |
| Executive Vice President Strategy & Sustainability | 3.8yrs | zł1.94m | no data | |
| Executive Vice President of Procurement | no data | zł1.22m | no data | |
| Managing Director of Arctic Paper Munkedals AB & Arctic Paper Grycksbo AB | 2.8yrs | no data | no data |
3.3yrs
Average Tenure
Experienced Management: ATC's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Supervisory Board | 8.2yrs | zł353.17k | 0.050% PLN 590.9k | |
| Deputy Chairman of Supervisory Board | 10.2yrs | zł247.42k | no data | |
| Member of Supervisory Board | 16.1yrs | zł176.58k | 8.12% PLN 95.6m | |
| Independent Member of the Supervisory Board | 3.4yrs | zł216.12k | no data | |
| Independent Member of the Supervisory Board | 3.4yrs | zł180.95k | no data |
8.2yrs
Average Tenure
54yo
Average Age
Experienced Board: ATC's board of directors are considered experienced (8.2 years average tenure).