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Concentric Management

Management criteria checks 3/4

Concentric's CEO is Martin Kunz, appointed in Mar 2022, has a tenure of 2.58 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 SEK2.97M. The average tenure of the management team and the board of directors is 2.6 years and 4.5 years respectively.

Key information

Martin Kunz

Chief executive officer

SEK 9.3m

Total compensation

CEO salary percentage	77.2%
CEO tenure	2.6yrs
CEO ownership	0.03%
Management average tenure	2.6yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

Concentric (STO:COIC) Seems To Use Debt Quite Sensibly

Jun 20

Concentric AB (publ) Just Beat Revenue By 8.8%: Here's What Analysts Think Will Happen Next

May 11

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

CEO Compensation Analysis

How has Martin Kunz's remuneration changed compared to Concentric's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	SEK 285m
Mar 31 2024	n/a	n/a	SEK 396m
Dec 31 2023	SEK 9m	SEK 7m	SEK 417m
Sep 30 2023	n/a	n/a	SEK 441m
Jun 30 2023	n/a	n/a	SEK 478m
Mar 31 2023	n/a	n/a	SEK 492m
Dec 31 2022	SEK 7m	SEK 5m	SEK 501m

Compensation vs Market: Martin's total compensation ($USD873.32K) is about average for companies of similar size in the Swedish market ($USD797.71K).

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 (59 yo)

2.6yrs

Tenure

SEK 9,261,000

Compensation

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

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Martin Kunz	President & CEO	2.6yrs	SEK 9.26m	0.035% SEK 3.0m
Marcus Whitehouse	Chief Financial Officer	6.8yrs	no data	0.00030% SEK 25.5k
Riccardo Cavallari	VP of Operational Excellence	no data	no data	no data
Jennifer Wilson	Vice President of HR & Sustainability	1.8yrs	no data	no data
John Beadsworth	Interim Senior VP and Head of Europe & Rest of the World	3.1yrs	no data	no data
Brandon Larche	Senior VP & COO of EMP	3yrs	no data	0% SEK 0
Fernando Palmero	Senior Vice President of Hydraulics Division	2.2yrs	no data	no data
Boris Gavric	Senior Vice President Engines & Thermal Solutions	2yrs	no data	no data

2.6yrs

Average Tenure

52yo

Average Age

Experienced Management: COIC's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Claes Akesson	Independent Director	14.8yrs	SEK 550.00k	0% SEK 0
Joachim Rosenberg	Independent Director	3.5yrs	SEK 375.00k	0.0027% SEK 228.7k
Martin Sköld	Independent Director	14.8yrs	SEK 375.00k	0.0011% SEK 91.8k
Karin Gunnarsson	Independent Director	5.5yrs	SEK 450.00k	0% SEK 0
Frida Sams	Director	less than a year	no data	no data
Anders Nielsen	Independent Chairman of the Board	7.8yrs	SEK 1.03m	0% SEK 0
Petra Sundstrom	Independent Director	3.5yrs	SEK 375.00k	0.00054% SEK 45.9k
Mark Williamson	Director	less than a year	no data	no data

4.5yrs

Average Tenure

58yo

Average Age

Experienced Board: COIC's board of directors are considered experienced (4.5 years average tenure).

This company listing is no longer active

Concentric Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Director recently sold kr1.8m worth of stock

Concentric AB Announces Resignation of Roger Ingemey as Senior Vice President of the Hydraulics Division

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

Recent updates

Independent Director recently sold kr1.8m worth of stock

Concentric AB (publ)(OM:COIC) dropped from OMX Nordic All-Share Index

Concentric AB (publ) (OM:COIC) completed the acquisition of G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh.

Concentric AB Announces Resignation of Roger Ingemey as Senior Vice President of the Hydraulics Division

Concentric AB (publ) (OM:COIC) agreed to acquire G.O. Engineering Gesellschaft Zur Entwicklung Von Hard- Und Software Mbh for an enterprise value at approximately SEK 270 million.

A.P. Møller Holding A/S proposed to acquire Concentric AB (publ) (OM:COIC) from Forsta AP-fonden and Cliens Kapitalförvaltning AB and others for SEK 8.6 billion.

Consensus EPS estimates fall by 15%

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Concentric AB (publ) to Report Q1, 2025 Results on May 07, 2025

Consensus EPS estimates fall by 21%

Concentric (STO:COIC) Seems To Use Debt Quite Sensibly

Concentric AB (publ) Just Beat Revenue By 8.8%: Here's What Analysts Think Will Happen Next

Concentric AB (publ) Provides Sales Guidance for the Second Quarter of 2024

First quarter 2024 earnings released: EPS: kr2.69 (vs kr3.19 in 1Q 2023)

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