Nordic Flanges Group Management
Management criteria checks 2/4
Nordic Flanges Group's CEO is Frederik Daublebsky Sterneck, appointed in Nov 2017, has a tenure of 6.5 years. total yearly compensation is SEK2.21M, comprised of 77.2% salary and 22.8% bonuses, including company stock and options. directly owns 1.29% of the company’s shares, worth SEK176.29K. The average tenure of the management team and the board of directors is 6.5 years and 2.2 years respectively.
Key information
Frederik Daublebsky Sterneck
Chief executive officer
kr2.2m
Total compensation
| CEO salary percentage | 77.2% |
| CEO tenure | 6.5yrs |
| CEO ownership | 1.3% |
| Management average tenure | 6.5yrs |
| Board average tenure | 2.2yrs |
Recent management updates
Recent updates
Nordic Flanges Group AB (publ) (STO:NFGAB) Doing What It Can To Lift Shares
Jul 26
Nordic Flanges Group (STO:NFGAB) Has No Shortage Of Debt
Mar 27These 4 Measures Indicate That Nordic Flanges Group (STO:NFGAB) Is Using Debt Extensively
Oct 19Is Nordic Flanges Group (STO:NFGAB) Using Debt In A Risky Way?
Apr 12Is Nordic Flanges Group (STO:NFGAB) Using Debt In A Risky Way?
Aug 24Nordic Flanges Group (STO:NFGAB) Has Debt But No Earnings; Should You Worry?
Apr 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -kr25m |
| Dec 31 2023 | n/a | n/a | -kr19m |
| Sep 30 2023 | n/a | n/a | -kr18m |
| Jun 30 2023 | n/a | n/a | -kr17m |
| Mar 31 2023 | n/a | n/a | -kr7m |
| Dec 31 2022 | kr2m | kr2m | -kr8m |
| Sep 30 2022 | n/a | n/a | -kr4m |
| Jun 30 2022 | n/a | n/a | -kr443k |
| Mar 31 2022 | n/a | n/a | -kr6m |
| Dec 31 2021 | kr2m | kr2m | -kr12m |
| Sep 30 2021 | n/a | n/a | -kr15m |
| Jun 30 2021 | n/a | n/a | -kr17m |
| Mar 31 2021 | n/a | n/a | -kr15m |
| Dec 31 2020 | kr2m | kr1m | -kr12m |
| Sep 30 2020 | n/a | n/a | -kr12m |
| Jun 30 2020 | n/a | n/a | -kr12m |
| Mar 31 2020 | n/a | n/a | -kr15m |
| Dec 31 2019 | kr2m | kr1m | -kr17m |
| Sep 30 2019 | n/a | n/a | -kr16m |
| Jun 30 2019 | n/a | n/a | -kr16m |
| Mar 31 2019 | n/a | n/a | -kr13m |
| Dec 31 2018 | kr2m | kr2m | -kr11m |
| Sep 30 2018 | n/a | n/a | -kr15m |
| Jun 30 2018 | n/a | n/a | -kr19m |
| Mar 31 2018 | n/a | n/a | -kr18m |
| Dec 31 2017 | kr3m | kr481k | -kr16m |
Compensation vs Market: Frederik Daublebsky's total compensation ($USD204.52K) is about average for companies of similar size in the Swedish market ($USD252.27K).
Compensation vs Earnings: Frederik Daublebsky's compensation has increased whilst the company is unprofitable.
CEO
Frederik Daublebsky Sterneck (61 yo)
6.5yrs
Tenure
kr2,212,000
Compensation
Mr. Frederik Daublebsky Von Sterneck has been the President and Chief Executive Officer of Nordic Flanges Group AB (publ) since November 2017.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 6.5yrs | kr2.21m | 1.29% SEK 176.3k | |
| Group Chief Financial Officer | 4.2yrs | no data | 0.21% SEK 28.3k | |
| Product & Marketing Manager | 4.3yrs | no data | 0.030% SEK 4.1k | |
| Chief Financial Officer - Finland | 7.4yrs | no data | 0.036% SEK 4.9k | |
| Plant Manager of Kalajoki | 7.3yrs | no data | 0.036% SEK 4.9k | |
| Operations Manager - Kronoby | no data | no data | 0.066% SEK 9.0k |
6.5yrs
Average Tenure
57yo
Average Age
Experienced Management: NFGAB's management team is seasoned and experienced (6.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 6.9yrs | kr200.00k | 3.91% SEK 533.1k | |
| Independent Director | 2yrs | kr66.00k | 0.32% SEK 43.8k | |
| Director | 2.3yrs | kr81.00k | no data | |
| Independent Director | 2yrs | kr66.00k | no data |
2.2yrs
Average Tenure
57yo
Average Age
Experienced Board: NFGAB's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.