Concentric Management

Management criteria checks 2/4

Concentric's CEO is Martin Kunz, appointed in Mar 2022, has a tenure of 2.17 years. total yearly compensation is SEK9.26M, comprised of 77.2% salary and 22.8% bonuses, including company stock and options. directly owns 0.035% of the company’s shares, worth SEK2.48M. The average tenure of the management team and the board of directors is 2 years and 4.1 years respectively.

Key information

Martin Kunz

Chief executive officer

kr9.3m

Total compensation

CEO salary percentage	77.2%
CEO tenure	2.2yrs
CEO ownership	0.03%
Management average tenure	2yrs
Board average tenure	4.1yrs

Recent management updates

Recent updates

We Ran A Stock Scan For Earnings Growth And Concentric (STO:COIC) Passed With Ease

Jun 21

Is Concentric (STO:COIC) Using Too Much Debt?

May 10

Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's

Apr 05

Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.00

Feb 11

Estimating The Intrinsic Value Of Concentric AB (publ) (STO:COIC)

Jan 10

Is Concentric (STO:COIC) Using Too Much Debt?

Dec 13

Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?

Nov 19

Why Concentric AB (publ) (STO:COIC) Could Be Worth Watching

Oct 27

Concentric (STO:COIC) Has A Rock Solid Balance Sheet

Sep 02

Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?

Aug 08

We Think Concentric (STO:COIC) Can Manage Its Debt With Ease

May 13

Concentric (STO:COIC) Is Paying Out A Larger Dividend Than Last Year

Apr 22

Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's

Apr 08

Concentric AB (publ)'s (STO:COIC) Sole Analyst Just Made A Dazzling Upgrade To Their Forecasts

Jan 01

Estimating The Intrinsic Value Of Concentric AB (publ) (STO:COIC)

Nov 02

Calculating The Fair Value Of Concentric AB (publ) (STO:COIC)

Jul 07

What Does Concentric AB (publ)'s (STO:COIC) Share Price Indicate?

Jun 09

Concentric (STO:COIC) Is Finding It Tricky To Allocate Its Capital

May 01

A Look At The Fair Value Of Concentric AB (publ) (STO:COIC)

Apr 01

Have Insiders Been Selling Concentric AB (publ) (STO:COIC) Shares This Year?

Mar 20

CEO Compensation Analysis

How has Martin Kunz's remuneration changed compared to Concentric's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	kr9m	kr7m	kr417m
Sep 30 2023	n/a	n/a	kr441m
Jun 30 2023	n/a	n/a	kr478m
Mar 31 2023	n/a	n/a	kr492m
Dec 31 2022	kr7m	kr5m	kr501m

Compensation vs Market: Martin's total compensation ($USD842.01K) is about average for companies of similar size in the Swedish market ($USD789.50K).

Compensation vs Earnings: Martin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Martin Kunz (58 yo)

2.2yrs

Tenure

kr9,261,000

Compensation

Mr. Martin Kunz is President & Chief Executive Officer of Concentric AB (publ) from March 01, 2022. He has been Director at LiqTech International, Inc. since June 26, 2023. He has worked out of multiple co...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Martin Kunz	President & CEO	2.2yrs	kr9.26m	0.035% SEK 2.5m
Marcus Whitehouse	Chief Financial Officer	6.3yrs	no data	0.018% SEK 1.2m
Riccardo Cavallari	VP of Operational Excellence	no data	no data	no data
Jennifer Wilson	Vice President of HR & Sustainability	1.3yrs	no data	no data
John Beadsworth	Interim Senior VP and Head of Europe & Rest of the World	2.7yrs	no data	no data
Brandon Larche	Senior VP & COO of EMP	2.6yrs	no data	0.030% SEK 2.1m
Fernando Palmero	Senior Vice President of Hydraulics Division	1.8yrs	no data	no data
Boris Gavric	Senior Vice President Engines & Thermal Solutions	1.6yrs	no data	no data
Roger Ingemey	Senior Vice President of Hydraulics Division	less than a year	no data	no data

2.0yrs

Average Tenure

51.5yo

Average Age

Experienced Management: COIC's management team is not considered experienced ( 2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Claes Akesson	Independent Director	14.3yrs	kr550.00k	0.022% SEK 1.5m
Joachim Rosenberg	Independent Director	3.1yrs	kr375.00k	0.0027% SEK 190.5k
Martin Sköld	Independent Director	14.3yrs	kr375.00k	0.0011% SEK 76.5k
Karin Gunnarsson	Independent Director	5.1yrs	kr450.00k	0.0067% SEK 476.7k
Frida Sams	Director	less than a year	no data	no data
Anders Nielsen	Independent Chairman of the Board	7.3yrs	kr1.03m	0.010% SEK 706.2k
Petra Sundstrom	Independent Director	3.1yrs	kr375.00k	0.00054% SEK 38.2k
Mark Williamson	Director	less than a year	no data	no data

4.1yrs

Average Tenure

53yo

Average Age

Experienced Board: COIC's board of directors are considered experienced (4.1 years average tenure).

Concentric Management

Management criteria checks 2/4

Key information

Recent management updates

Concentric AB Approves Election of Frida Norrbom Sams and Mark Williamson as Board Members

Concentric AB (Publ) Announces Retirement of Susanna Schneeberger as Board Member

Concentric AB Appoints Dr. Roger Ingemey as Senior Vice President Hydraulics Division, Effective on February 1, 2024

Concentric AB (Publ) Announces Appointment of Nomination Committee

Concentric AB (publ) Announces the Nomination Committee for Its Annual General Meeting 2023

Concentric AB (publ), Annual General Meeting, Apr 18, 2023

Recent updates

Concentric AB Approves Election of Frida Norrbom Sams and Mark Williamson as Board Members

Upcoming dividend of kr4.25 per share

Full year 2023 earnings: EPS and revenues miss analyst expectations

Concentric's (STO:COIC) Dividend Will Be Increased To SEK4.25

Concentric AB (Publ) Announces Retirement of Susanna Schneeberger as Board Member

Consensus EPS estimates fall by 13%

Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.25

Dividend increased to kr4.25

Full year 2023 earnings: EPS and revenues miss analyst expectations

Concentric AB (Publ) Proposes Dividend for the Financial Year 2023

Concentric AB Appoints Dr. Roger Ingemey as Senior Vice President Hydraulics Division, Effective on February 1, 2024

At kr173, Is It Time To Put Concentric AB (publ) (STO:COIC) On Your Watch List?

Is Concentric (STO:COIC) A Risky Investment?

Third quarter 2023 earnings released: EPS: kr2.35 (vs kr3.32 in 3Q 2022)

Price target decreased by 9.8% to kr203

Concentric AB (Publ) Announces Appointment of Nomination Committee

Concentric AB (publ) to Report Q2, 2024 Results on Jul 31, 2024

Concentric AB (publ) to Report Fiscal Year 2023 Results on Feb 07, 2024

We Ran A Stock Scan For Earnings Growth And Concentric (STO:COIC) Passed With Ease

Now 20% undervalued

Now 22% undervalued

Concentric AB (Publ) Announces Sales Guidance for the Year 2023

Is Concentric (STO:COIC) Using Too Much Debt?

Concentric AB (Publ) Provides Sales Guidance for the Year 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of kr4.00 per share at 1.9% yield

Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's

Full year 2022 earnings: Revenues in line with analyst expectations

Investor sentiment deteriorates as stock falls 16%

Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.00

Price target increased by 10.0% to kr232

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Concentric AB Provides Sales Guidance for the First Quarter of 2023

Concentric AB (publ) to Report First Half, 2023 Results on Jul 26, 2023

Estimating The Intrinsic Value Of Concentric AB (publ) (STO:COIC)

Is Concentric (STO:COIC) Using Too Much Debt?

Concentric AB (publ) to Report Q4, 2022 Results on Feb 08, 2023

Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?

Price target decreased to kr220

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Why Concentric AB (publ) (STO:COIC) Could Be Worth Watching

Price target decreased to kr220

Concentric AB (publ) Announces the Nomination Committee for Its Annual General Meeting 2023

Concentric AB (publ), Annual General Meeting, Apr 18, 2023

Concentric (STO:COIC) Has A Rock Solid Balance Sheet

Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?

Concentric AB Appoints Fernando Palmero as Senior Vice President Hydraulics Division

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Concentric AB (Publ) Announces Termination of Jesse Smith as Senior Vice President

Chief Financial Officer exercised options to buy kr979k worth of stock.

We Think Concentric (STO:COIC) Can Manage Its Debt With Ease

Independent Director recently bought kr197k worth of stock

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Concentric AB (Publ) Approves Dividend for the Financial Year 2021, Payable on 28 April 2022

Concentric (STO:COIC) Is Paying Out A Larger Dividend Than Last Year

Upcoming dividend of kr3.75 per share

Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's

Concentric AB (publ) to Report First Half, 2022 Results on Jul 20, 2022

Concentric AB (publ) Intends to Propose A Dividend for the Financial Year 2021

Concentric AB (publ) Decides to Close Facility in Chivilcoy, Argentina

Concentric AB (publ)'s (STO:COIC) Sole Analyst Just Made A Dazzling Upgrade To Their Forecasts

Consensus revenue estimates increase by 11%

Price target increased to kr300

Independent Chairman of the Board recently bought kr413k worth of stock

Estimating The Intrinsic Value Of Concentric AB (publ) (STO:COIC)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Senior VP and Head of Europe & Rest of the World David Bessant has left the company

Second quarter 2021 earnings released: EPS kr2.24 (vs kr0.45 in 2Q 2020)