Munters Group Management

Management criteria checks 1/4

Munters Group's CEO is Klas Forsstrom, appointed in Aug 2019, has a tenure of 4.75 years. total yearly compensation is SEK19.68M, comprised of 41.3% salary and 58.7% bonuses, including company stock and options. directly owns 0.087% of the company’s shares, worth SEK35.37M. The average tenure of the management team and the board of directors is 2.6 years and 2 years respectively.

Key information

Klas Forsstrom

Chief executive officer

kr19.7m

Total compensation

CEO salary percentage41.3%
CEO tenure4.8yrs
CEO ownership0.09%
Management average tenure2.6yrs
Board average tenure2yrs

Recent management updates

Here's Why Munters Group AB (publ)'s (STO:MTRS) CEO May Deserve A Raise

Mar 15
Here's Why Munters Group AB (publ)'s (STO:MTRS) CEO May Deserve A Raise

Recent updates

Munters Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Apr 26
Munters Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Here's Why Munters Group AB (publ)'s (STO:MTRS) CEO May Deserve A Raise

Mar 15
Here's Why Munters Group AB (publ)'s (STO:MTRS) CEO May Deserve A Raise

Is Munters Group (STO:MTRS) A Risky Investment?

Mar 11
Is Munters Group (STO:MTRS) A Risky Investment?

Munters Group AB (publ)'s (STO:MTRS) Price In Tune With Earnings

Jan 25
Munters Group AB (publ)'s (STO:MTRS) Price In Tune With Earnings

Munters Group's (STO:MTRS) Returns On Capital Are Heading Higher

Jan 11
Munters Group's (STO:MTRS) Returns On Capital Are Heading Higher

What Does Munters Group AB (publ)'s (STO:MTRS) Share Price Indicate?

Dec 29
What Does Munters Group AB (publ)'s (STO:MTRS) Share Price Indicate?

Munters Group (STO:MTRS) Seems To Use Debt Quite Sensibly

Oct 31
Munters Group (STO:MTRS) Seems To Use Debt Quite Sensibly

Calculating The Fair Value Of Munters Group AB (publ) (STO:MTRS)

Oct 06
Calculating The Fair Value Of Munters Group AB (publ) (STO:MTRS)

Munters Group's (STO:MTRS) Returns On Capital Are Heading Higher

Sep 24
Munters Group's (STO:MTRS) Returns On Capital Are Heading Higher

Is Munters Group AB (publ) (STO:MTRS) Potentially Undervalued?

Sep 09
Is Munters Group AB (publ) (STO:MTRS) Potentially Undervalued?

Munters Group (STO:MTRS) Has A Pretty Healthy Balance Sheet

Jul 18
Munters Group (STO:MTRS) Has A Pretty Healthy Balance Sheet

Is Munters Group AB (publ) (STO:MTRS) Expensive For A Reason? A Look At Its Intrinsic Value

Jul 06
Is Munters Group AB (publ) (STO:MTRS) Expensive For A Reason? A Look At Its Intrinsic Value

Returns Are Gaining Momentum At Munters Group (STO:MTRS)

Jun 24
Returns Are Gaining Momentum At Munters Group (STO:MTRS)

What Is Munters Group AB (publ)'s (STO:MTRS) Share Price Doing?

May 27
What Is Munters Group AB (publ)'s (STO:MTRS) Share Price Doing?

Munters Group (STO:MTRS) Is Increasing Its Dividend To SEK0.95

Apr 07
Munters Group (STO:MTRS) Is Increasing Its Dividend To SEK0.95

Munters Group (STO:MTRS) Seems To Use Debt Quite Sensibly

Apr 06
Munters Group (STO:MTRS) Seems To Use Debt Quite Sensibly

Munters Group (STO:MTRS) Is Increasing Its Dividend To SEK0.95

Mar 23
Munters Group (STO:MTRS) Is Increasing Its Dividend To SEK0.95

Munters Group (STO:MTRS) Is Looking To Continue Growing Its Returns On Capital

Mar 13
Munters Group (STO:MTRS) Is Looking To Continue Growing Its Returns On Capital

Munters Group's (STO:MTRS) Upcoming Dividend Will Be Larger Than Last Year's

Mar 01
Munters Group's (STO:MTRS) Upcoming Dividend Will Be Larger Than Last Year's

A Look At The Fair Value Of Munters Group AB (publ) (STO:MTRS)

Feb 26
A Look At The Fair Value Of Munters Group AB (publ) (STO:MTRS)

Is Munters Group AB (publ) (STO:MTRS) Potentially Undervalued?

Jan 17
Is Munters Group AB (publ) (STO:MTRS) Potentially Undervalued?

Returns On Capital At Munters Group (STO:MTRS) Have Hit The Brakes

Dec 02
Returns On Capital At Munters Group (STO:MTRS) Have Hit The Brakes

These 4 Measures Indicate That Munters Group (STO:MTRS) Is Using Debt Reasonably Well

Nov 19
These 4 Measures Indicate That Munters Group (STO:MTRS) Is Using Debt Reasonably Well

A Look At The Intrinsic Value Of Munters Group AB (publ) (STO:MTRS)

Aug 24
A Look At The Intrinsic Value Of Munters Group AB (publ) (STO:MTRS)

Returns On Capital At Munters Group (STO:MTRS) Have Stalled

Jul 26
Returns On Capital At Munters Group (STO:MTRS) Have Stalled

Here's Why Munters Group (STO:MTRS) Has A Meaningful Debt Burden

Jul 14
Here's Why Munters Group (STO:MTRS) Has A Meaningful Debt Burden

At kr60.95, Is Munters Group AB (publ) (STO:MTRS) Worth Looking At Closely?

Jun 12
At kr60.95, Is Munters Group AB (publ) (STO:MTRS) Worth Looking At Closely?

Munters Group (STO:MTRS) Has Announced That It Will Be Increasing Its Dividend To kr0.85

May 12
Munters Group (STO:MTRS) Has Announced That It Will Be Increasing Its Dividend To kr0.85

Munters Group (STO:MTRS) Has Announced That It Will Be Increasing Its Dividend To kr0.85

Apr 28
Munters Group (STO:MTRS) Has Announced That It Will Be Increasing Its Dividend To kr0.85

Munters Group (STO:MTRS) Is Increasing Its Dividend To kr0.85

Apr 12
Munters Group (STO:MTRS) Is Increasing Its Dividend To kr0.85

Munters Group (STO:MTRS) Is Increasing Its Dividend To kr0.85

Mar 29
Munters Group (STO:MTRS) Is Increasing Its Dividend To kr0.85

Does Munters Group (STO:MTRS) Have A Healthy Balance Sheet?

Mar 25
Does Munters Group (STO:MTRS) Have A Healthy Balance Sheet?

Munters Group's (STO:MTRS) Upcoming Dividend Will Be Larger Than Last Year's

Mar 07
Munters Group's (STO:MTRS) Upcoming Dividend Will Be Larger Than Last Year's

CEO Compensation Analysis

How has Klas Forsstrom's remuneration changed compared to Munters Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

kr788m

Dec 31 2023kr20mkr8m

kr784m

Sep 30 2023n/an/a

kr858m

Jun 30 2023n/an/a

kr773m

Mar 31 2023n/an/a

kr687m

Dec 31 2022kr15mkr8m

kr577m

Sep 30 2022n/an/a

kr582m

Jun 30 2022n/an/a

kr544m

Mar 31 2022n/an/a

kr457m

Dec 31 2021kr15mkr7m

kr513m

Sep 30 2021n/an/a

kr549m

Jun 30 2021n/an/a

kr574m

Mar 31 2021n/an/a

kr529m

Dec 31 2020kr17mkr7m

kr426m

Sep 30 2020n/an/a

kr334m

Jun 30 2020n/an/a

kr270m

Mar 31 2020n/an/a

kr335m

Dec 31 2019kr14mkr3m

kr282m

Compensation vs Market: Klas's total compensation ($USD1.79M) is above average for companies of similar size in the Swedish market ($USD961.92K).

Compensation vs Earnings: Klas's compensation has increased by more than 20% in the past year.


CEO

Klas Forsstrom (56 yo)

4.8yrs

Tenure

kr19,680,000

Compensation

Mr. Klas Forsstrom has been the President and Chief Executive Officer at Munters Group AB (publ) since August 12, 2019. Mr. Forsstrom served as the President of AirTech at Munters Group AB (publ) since Apr...


Leadership Team

NamePositionTenureCompensationOwnership
Klas Forsstrom
President & CEO4.8yrskr19.68m0.087%
SEK 35.4m
Katharina Fischer
Group VP & CFO1.3yrsno data0.00082%
SEK 333.8k
Ann-Sofi Jönsson
VP and Head of Investor Relations & Enterprise Risk Managementno datano datano data
Grete Stoltz
Group Vice President of HR & Sustainability2.6yrsno data0.00041%
SEK 166.9k
Stefan Mahl
Group VP & Head of Business Excellence4.3yrsno data0.015%
SEK 5.9m
Pia Linder
Group VP & President of FoodTech3.8yrsno data0.0026%
SEK 1.0m
Stefan Aspman
Group VP & President of Data Center Technologies1.3yrsno data0.0022%
SEK 891.4k
Henrik Teiwik
Group VP & President for AirTech1.8yrsno data0.0043%
SEK 1.8m
Andrew Cook
Senior Vice President of AirTech Americasno datano datano data
Lee Suffolk
Senior Vice President of AirTech-EMEAno datano datano data
Markus Karbach
Business Unit Manager & MD of EMEAno datano datano data
Johan Lekholm
Board Secretaryno datano datano data

2.6yrs

Average Tenure

53yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Magnus Nicolin
Chairman of the Board2yrskr1.04m0.011%
SEK 4.5m
Ingrid Fasth-Gillstedt
Independent Director7.3yrskr680.00k0.0027%
SEK 1.1m
Kristian Sildeby
Director7yrskr739.00k0.0066%
SEK 2.7m
Robert Wahlgren
Employee Representative Director14.3yrsno datano data
Simon Henriksson
Employee Representative Director7.3yrsno data0.00019%
SEK 77.3k
Maria Hakansson
Independent Director2yrskr545.00k0.0016%
SEK 667.6k
Anders Lindqvist
Independent Director2yrskr523.00k0.0016%
SEK 667.6k
Sabine Aissaoui
Independent Directorless than a yearkr329.00kno data
Elizabeth Nugent
Independent Directorless than a yearno datano data
Julia Jakobsson
Employee Representative Deputy Directorless than a yearno datano data
Sara Boije
Employee Representative Deputy Directorless than a yearno datano data

2.0yrs

Average Tenure

50yo

Average Age

Experienced Board: MTRS's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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