Absolent Air Care Group Management
Management criteria checks 4/4
Absolent Air Care Group's CEO is Axel Berntsson, appointed in Jan 2018, has a tenure of 6.33 years. total yearly compensation is SEK5.20M, comprised of 65.9% salary and 34.1% bonuses, including company stock and options. directly owns 1.68% of the company’s shares, worth SEK64.22M. The average tenure of the management team and the board of directors is 2.9 years and 5.3 years respectively.
Key information
Axel Berntsson
Chief executive officer
kr5.2m
Total compensation
| CEO salary percentage | 65.9% |
| CEO tenure | 6.3yrs |
| CEO ownership | 1.7% |
| Management average tenure | 2.9yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
Absolent Air Care Group (STO:ABSO) Will Pay A Larger Dividend Than Last Year At SEK3.00
Apr 18
Absolent Air Care Group's (STO:ABSO) Dividend Will Be Increased To SEK3.00
Apr 04Absolent Air Care Group (STO:ABSO) Is Increasing Its Dividend To SEK3.00
Mar 16Absolent Air Care Group (STO:ABSO) Has A Rock Solid Balance Sheet
Sep 14Does Absolent Air Care Group (STO:ABSO) Have A Healthy Balance Sheet?
May 10Absolent Air Care Group AB (publ) Just Missed EPS By 8.0%: Here's What Analysts Think Will Happen Next
Feb 25Is Absolent Air Care Group (STO:ABSO) Using Too Much Debt?
May 19Here's Why Absolent Air Care Group (STO:ABSO) Can Manage Its Debt Responsibly
Oct 12Absolent Air Care Group's (STO:ABSO) Solid Earnings Have Been Accounted For Conservatively
Aug 25We Think Absolent Group (STO:ABSO) Has A Fair Chunk Of Debt
May 02We Think Absolent Group (STO:ABSO) Has A Fair Chunk Of Debt
Jan 19The Absolent Group (STO:ABSO) Share Price Is Up 234% And Shareholders Are Boasting About It
Nov 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | kr5m | kr3m | kr140m |
| Sep 30 2023 | n/a | n/a | kr151m |
| Jun 30 2023 | n/a | n/a | kr155m |
| Mar 31 2023 | n/a | n/a | kr152m |
| Dec 31 2022 | kr6m | kr3m | kr152m |
| Sep 30 2022 | n/a | n/a | kr145m |
| Jun 30 2022 | n/a | n/a | kr130m |
| Mar 31 2022 | n/a | n/a | kr119m |
| Dec 31 2021 | kr6m | kr3m | kr98m |
| Sep 30 2021 | n/a | n/a | kr177m |
| Jun 30 2021 | n/a | n/a | kr137m |
| Mar 31 2021 | n/a | n/a | kr38m |
| Dec 31 2020 | kr4m | kr3m | kr23m |
Compensation vs Market: Axel's total compensation ($USD472.60K) is about average for companies of similar size in the Swedish market ($USD575.64K).
Compensation vs Earnings: Axel's compensation has been consistent with company performance over the past year.
CEO
Axel Berntsson (43 yo)
6.3yrs
Tenure
kr5,198,000
Compensation
Mr. Axel Berntsson serves as Chief Executive Officer of Absolent Air Care Group AB (publ) (formerly known as Absolent Group AB (publ)) since 2018 and also serves as its President and MD. He served as Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.3yrs | kr5.20m | 1.68% SEK 64.2m | |
| Co-Founder & Director | no data | kr205.00k | 12.52% SEK 479.1m | |
| Chief Financial Officer | 2.9yrs | no data | no data | |
| Chief Operating Officer | 2.3yrs | no data | no data | |
| Managing Director | 12.3yrs | no data | no data | |
| Chief Product Officer | 2.8yrs | no data | no data |
2.9yrs
Average Tenure
49yo
Average Age
Experienced Management: ABSO's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Director | 31.3yrs | kr205.00k | 12.52% SEK 479.1m | |
| Director | 1.3yrs | kr139.00k | no data | |
| Director | 1.3yrs | kr139.00k | no data | |
| Chairman of the Board | 5.3yrs | kr616.00k | no data | |
| Director | 7.3yrs | kr205.00k | no data |
5.3yrs
Average Tenure
55yo
Average Age
Experienced Board: ABSO's board of directors are considered experienced (5.3 years average tenure).