Nordic Waterproofing Holding Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Martin Ellis

Chief executive officer

SEK 9.5m

Total compensation

CEO salary percentage	71.6%
CEO tenure	9.1yrs
CEO ownership	n/a
Management average tenure	8.5yrs
Board average tenure	5.6yrs

Recent management updates

Recent updates

Is Now An Opportune Moment To Examine Nordic Waterproofing Holding AB (publ) (STO:NWG)?

Sep 15

Nordic Waterproofing Holding's (STO:NWG) Upcoming Dividend Will Be Larger Than Last Year's

Apr 05

Nordic Waterproofing Holding (STO:NWG) Will Pay A Larger Dividend Than Last Year At SEK7.00

Feb 24

Nordic Waterproofing Holding (STO:NWG) Has Announced That It Will Be Increasing Its Dividend To SEK7.00

Feb 10

Is Nordic Waterproofing Holding (STO:NWG) Using Too Much Debt?

Nov 18

CEO Compensation Analysis

How has Martin Ellis's remuneration changed compared to Nordic Waterproofing Holding's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	SEK 201m
Jun 30 2024	n/a	n/a	SEK 192m
Mar 31 2024	n/a	n/a	SEK 207m
Dec 31 2023	SEK 10m	SEK 7m	SEK 212m
Sep 30 2023	n/a	n/a	SEK 216m
Jun 30 2023	n/a	n/a	SEK 236m
Mar 31 2023	n/a	n/a	SEK 272m
Dec 31 2022	SEK 12m	SEK 6m	SEK 331m
Sep 30 2022	n/a	n/a	SEK 329m
Jun 30 2022	n/a	n/a	SEK 311m
Mar 31 2022	n/a	n/a	SEK 286m
Dec 31 2021	SEK 11m	SEK 6m	SEK 259m
Sep 30 2021	n/a	n/a	SEK 269m
Jun 30 2021	n/a	n/a	SEK 281m
Mar 31 2021	n/a	n/a	SEK 275m
Dec 31 2020	SEK 11m	SEK 5m	SEK 256m
Sep 30 2020	n/a	n/a	SEK 262m
Jun 30 2020	n/a	n/a	SEK 243m
Mar 31 2020	n/a	n/a	SEK 201m
Dec 31 2019	SEK 11m	SEK 6m	SEK 198m
Sep 30 2019	n/a	n/a	SEK 161m
Jun 30 2019	n/a	n/a	SEK 153m
Mar 31 2019	n/a	n/a	SEK 145m
Dec 31 2018	SEK 8m	SEK 5m	SEK 152m
Sep 30 2018	n/a	n/a	SEK 150m
Jun 30 2018	n/a	n/a	SEK 144m
Mar 31 2018	n/a	n/a	SEK 136m
Dec 31 2017	SEK 8m	SEK 5m	SEK 137m

Compensation vs Market: Martin's total compensation ($USD860.25K) is above average for companies of similar size in the Swedish market ($USD585.86K).

Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.

CEO

Martin Ellis (68 yo)

9.1yrs

Tenure

SEK 9,500,000

Compensation

Mr. Martin Ellis has been the Chief Executive Officer and President of Nordic Waterproofing Holding AB since October 2015. Mr. Ellis serves as the Chief Executive Officer of Icopal and President of the Bui...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Martin Ellis	CEO & President	9.1yrs	SEK 9.50m	no data
Per-Olof Palle Schrewelius	CFO & Head of Investor Relations	4.8yrs	no data	0% SEK 0
Mats Lindborg	Head of Nordic Waterproofing Sweden	13.8yrs	no data	0% SEK 0
Paul Rask	Head of Denmark	24.8yrs	no data	0.036% SEK 1.5m
Thomas Zipfel	Head of SealEco	13.8yrs	no data	0.031% SEK 1.3m
Esa Mäki	Head of Finland	7.8yrs	no data	0% SEK 0
Susanne Hojholt	Chief Sustainability Officer and Group R&D Manager	3.4yrs	no data	no data
Anders Antonsson	Independent Communications Consultant	7.3yrs	no data	no data

8.5yrs

Average Tenure

61yo

Average Age

Experienced Management: NWG's management team is seasoned and experienced (8.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mats Paulsson	Independent Chairman of the Board	7.6yrs	SEK 800.00k	0.062% SEK 2.6m
Hannu Saastamoinen	Independent Director	4.4yrs	SEK 400.00k	no data
Riitta Palomäki	Independent Director	7.9yrs	SEK 500.00k	0.021% SEK 877.8k
Steffen Baungaard	Independent Director	5.6yrs	SEK 600.00k	no data
Hannele Arvonen	Independent Director	2.6yrs	SEK 400.00k	no data

5.6yrs

Average Tenure

64yo

Average Age

Experienced Board: NWG's board of directors are considered experienced (5.6 years average tenure).

Nordic Waterproofing Holding Management

Management criteria checks 3/4

Key information

Recent management updates

Nordic Waterproofing Holding AB Announces Formation of Nomination Committee Ahead of 2024 Annual General Meeting

Nordic Waterproofing Holding AB (publ), Annual General Meeting, Apr 25, 2024

Head of Denmark recently sold kr2.2m worth of stock

Head of Finland recently bought kr811k worth of stock

CFO & Head of Investor Relations recently bought kr274k worth of stock

CEO & President recently sold kr4.2m worth of stock

Recent updates

Nordic Waterproofing Holding AB (publ) to Report First Half, 2025 Results on Jul 18, 2025

Kingspan Group plc (ISE:KRX) acquired an additional 26.5% stake in Nordic Waterproofing Holding AB (publ) (OM:NWG).

Nordic Waterproofing Holding AB (Publ) Approves Dividend, Payable on 3 May 2024

Nordic Waterproofing Holding AB (publ) to Report Fiscal Year 2023 Results on Mar 25, 2024

Nordic Waterproofing Holding AB Announces Formation of Nomination Committee Ahead of 2024 Annual General Meeting

Nordic Waterproofing Holding AB (publ), Annual General Meeting, Apr 25, 2024

Kingspan Holdings (Irl) Limited announces a mandatory cash offer to acquire remaining 68.93% stake in Nordic Waterproofing Holding AB (publ) (OM : NWG) for approximately SEK 2.661 billion.

Investor sentiment improves as stock rises 17%

Is Now An Opportune Moment To Examine Nordic Waterproofing Holding AB (publ) (STO:NWG)?

Kingspan Holdings (Irl) Limited acquired additional 6.8% stake in Nordic Waterproofing Holding AB (publ) (OM: NWG) for approximately SEK 260 million.

Head of Denmark recently sold kr2.2m worth of stock

Now 21% undervalued

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

Head of Finland recently bought kr811k worth of stock

Price target decreased by 7.9% to kr171

CFO & Head of Investor Relations recently bought kr274k worth of stock

Upcoming dividend of kr7.00 per share at 4.4% yield

Full year 2022 earnings: EPS exceeds analyst expectations

Nordic Waterproofing Holding's (STO:NWG) Upcoming Dividend Will Be Larger Than Last Year's

CEO & President recently sold kr4.2m worth of stock

Nordic Waterproofing Holding (STO:NWG) Will Pay A Larger Dividend Than Last Year At SEK7.00

Nordic Waterproofing Holding AB (publ) (OM:NWG) acquired remaining 40% stake in Blomstertak As.

Nordic Waterproofing Holding (STO:NWG) Has Announced That It Will Be Increasing Its Dividend To SEK7.00

Nordic Waterproofing Holding AB (Publ) Proposes Cash Dividend for 2022

Full year 2022 earnings released: EPS: kr13.83 (vs kr10.80 in FY 2021)

Nordic Waterproofing Holding AB (publ), Annual General Meeting, Apr 27, 2023

Nordic Waterproofing Holding AB Announces Appointments to the Nomination Committee

Nordic Waterproofing Holding AB (publ) (OM:NWG) signed an agreement to acquire 70% in Eg-trading Oy.

Kingspan AB acquired a 16.1% stake in Nordic Waterproofing Holding AB (publ) (OM:NWG) from Svolder AB (publ) (OM:SVOL B).

Nordic Waterproofing Holding AB (publ) Provides Dividend Guidance

Nordic Waterproofing Holding AB (publ) (OM:NWG) signed an agreement to acquire 70 percent stake in VKP Holding Oy.

Nordic Waterproofing Holding AB (publ) Proposes to Pay Cash Dividend

Nordic Waterproofing Holding AB (publ) (OM:NWG) acquired Gordon Low Limited.

Nordic Waterproofing Holding AB (publ) (OM:NWG) acquired 75% stake in Rakennusliike Ripatti Oy.

Nordic Waterproofing Holding AB (publ) Approves Ordinary Dividend, Payable on 6 May 2021

Nordic Waterproofing Holding AB Proposes Extra Dividend, Payable on 6 May 2021

Nordic Waterproofing Group AB has signed the agreement to acquire Urban Green AB for an enterprise value of SEK 55 million.

Nasdaq Stockholm Approves Delisting of Nordic Waterproofing Holding A/S

Is Nordic Waterproofing Holding (STO:NWG) Using Too Much Debt?

Analysts update estimates

Revenue and earnings beat expectations

Third quarter 2020 earnings released: EPS kr4.10

New 90-day high: kr140

Price target raised to kr157

Nordic Waterproofing Holding A/S Appoints Nomination Committee

New 90-day high: kr128

New 90-day high: kr125

Price target raised to kr140

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age