Minesto Management

Management criteria checks 1/4

Minesto's CEO is Martin Edlund, appointed in Feb 2016, has a tenure of 8.5 years. directly owns 0.075% of the company’s shares, worth SEK430.94K. The average tenure of the management team and the board of directors is 1.2 years and 14.6 years respectively.

Key information

Martin Edlund

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure8.5yrs
CEO ownership0.07%
Management average tenure1.2yrs
Board average tenure14.6yrs

Recent management updates

Recent updates

We're Keeping An Eye On Minesto's (STO:MINEST) Cash Burn Rate

Feb 09
We're Keeping An Eye On Minesto's (STO:MINEST) Cash Burn Rate

Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?

Sep 21
Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?

We Think Minesto (STO:MINEST) Needs To Drive Business Growth Carefully

Aug 25
We Think Minesto (STO:MINEST) Needs To Drive Business Growth Carefully

At kr17.65, Is It Time To Put Minesto AB (publ) (STO:MINEST) On Your Watch List?

Feb 01
At kr17.65, Is It Time To Put Minesto AB (publ) (STO:MINEST) On Your Watch List?

Minesto AB (publ)'s (STO:MINEST) Shift From Loss To Profit

May 03
Minesto AB (publ)'s (STO:MINEST) Shift From Loss To Profit

The Minesto (STO:MINEST) Share Price Is Up 638% And Shareholders Are Delighted

Feb 28
The Minesto (STO:MINEST) Share Price Is Up 638% And Shareholders Are Delighted

When Can We Expect A Profit From Minesto AB (publ) (STO:MINEST)?

Feb 01
When Can We Expect A Profit From Minesto AB (publ) (STO:MINEST)?

What Does Minesto AB (publ)'s (STO:MINEST) Share Price Indicate?

Jan 11
What Does Minesto AB (publ)'s (STO:MINEST) Share Price Indicate?

Our View On Minesto's (STO:MINEST) CEO Pay

Dec 21
Our View On Minesto's (STO:MINEST) CEO Pay

Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?

Nov 23
Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?

CEO Compensation Analysis

How has Martin Edlund's remuneration changed compared to Minesto's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-SEK 33m

Dec 31 2023n/an/a

-SEK 27m

Sep 30 2023n/an/a

-SEK 89m

Jun 30 2023n/an/a

-SEK 86m

Mar 31 2023n/an/a

-SEK 86m

Dec 31 2022SEK 2mSEK 2m

-SEK 84m

Sep 30 2022n/an/a

-SEK 17m

Jun 30 2022n/an/a

-SEK 16m

Mar 31 2022n/an/a

-SEK 16m

Dec 31 2021SEK 2mSEK 2m

-SEK 15m

Sep 30 2021n/an/a

-SEK 13m

Jun 30 2021n/an/a

-SEK 13m

Mar 31 2021n/an/a

-SEK 14m

Dec 31 2020SEK 2mSEK 2m

-SEK 13m

Sep 30 2020n/an/a

-SEK 98m

Jun 30 2020n/an/a

-SEK 99m

Mar 31 2020n/an/a

-SEK 100m

Dec 31 2019SEK 2mSEK 2m

-SEK 100m

Sep 30 2019n/an/a

-SEK 14m

Jun 30 2019n/an/a

-SEK 14m

Mar 31 2019n/an/a

-SEK 11m

Dec 31 2018SEK 2mSEK 2m

-SEK 11m

Sep 30 2018n/an/a

-SEK 10m

Jun 30 2018n/an/a

-SEK 8m

Mar 31 2018n/an/a

-SEK 8m

Dec 31 2017SEK 2mSEK 1m

-SEK 8m

Compensation vs Market: Insufficient data to establish whether Martin's total compensation is reasonable compared to companies of similar size in the Swedish market.

Compensation vs Earnings: Martin's compensation has increased whilst the company is unprofitable.


CEO

Martin Edlund (55 yo)

8.5yrs

Tenure

SEK 2,089,968

Compensation

Dr. Martin Edlund, PhD, has been the Chief Executive Officer of Minesto AB since February 14, 2016. Mr. Edlund is the Founder and Chief Executive Officer of Kebbison Innovation and is involved in venture c...


Leadership Team

NamePositionTenureCompensationOwnership
Martin Edlund
CEO & Director8.5yrsSEK 2.09m0.075%
SEK 430.9k
Gustav Kvibling
Chief Financial Officer1.2yrsno datano data
Johannes Huffmeier
Chief Operations Officer1.2yrsno datano data
Bernt Westre
Chief Technology Officer6.9yrsno data0.0069%
SEK 39.4k
Cecilia Sernhage
Chief Communications Officerno datano datano data
David Collier
Chief Strategy Officer1.2yrsno data0.0014%
SEK 7.8k
Hans Lindstrom
Chief Supply Chain Officer1.2yrsno datano data

1.2yrs

Average Tenure

Experienced Management: MINEST's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Martin Edlund
CEO & Director16.6yrsSEK 2.09m0.075%
SEK 430.9k
Andreas Gunnarsson
Deputy Board Memberno datano datano data
Goran Linder
Independent Director17.6yrsSEK 96.60kno data
Git Adolfsson
Independent Director14.6yrsSEK 96.60kno data
Jonas Millqvist
Independent Chairman of the Board6.6yrsSEK 193.20k0.00055%
SEK 3.2k
Joel Lybert
Independent Director1.2yrsno datano data

14.6yrs

Average Tenure

58.5yo

Average Age

Experienced Board: MINEST's board of directors are seasoned and experienced ( 14.6 years average tenure).


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