QleanAir Management

Management criteria checks 1/4

QleanAir's CEO is Sebastian Lindstrom, appointed in Nov 2022, has a tenure of 1.5 years. total yearly compensation is SEK4.86M, comprised of 64.1% salary and 35.9% bonuses, including company stock and options. directly owns 1.35% of the company’s shares, worth SEK6.28M. The average tenure of the management team and the board of directors is 3 years and 1.3 years respectively.

Key information

Sebastian Lindstrom

Chief executive officer

kr4.9m

Total compensation

CEO salary percentage	64.1%
CEO tenure	1.5yrs
CEO ownership	1.3%
Management average tenure	3yrs
Board average tenure	1.3yrs

Recent management updates

Recent updates

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

Feb 13

QleanAir (STO:QAIR) Has Announced That It Will Be Increasing Its Dividend To kr1.50

May 13

QleanAir's (STO:QAIR) Upcoming Dividend Will Be Larger Than Last Year's

Apr 10

Is It Time To Consider Buying QleanAir AB (publ) (STO:QAIR)?

Apr 02

QleanAir AB's (STO:QAIR) 26% Dip In Price Shows Sentiment Is Matching Earnings

Mar 02

QleanAir's (STO:QAIR) Upcoming Dividend Will Be Larger Than Last Year's

Feb 13

These 4 Measures Indicate That QleanAir (STO:QAIR) Is Using Debt Reasonably Well

Jan 27

Why The 20% Return On Capital At QleanAir Holding (STO:QAIR) Should Have Your Attention

May 26

Calculating The Intrinsic Value Of QleanAir Holding AB (publ) (STO:QAIR)

May 05

QleanAir Holding (STO:QAIR) Seems To Use Debt Quite Sensibly

Mar 23

The Attractive Combination That Could Earn QleanAir Holding AB (publ) (STO:QAIR) A Place In Your Dividend Portfolio

Mar 04

QleanAir Holding AB (publ) Just Beat EPS By 23%: Here's What Analysts Think Will Happen Next

Feb 17

Did You Miss QleanAir Holding's (STO:QAIR) 31% Share Price Gain?

Jan 19

Estimating The Intrinsic Value Of QleanAir Holding AB (publ) (STO:QAIR)

Dec 27

Returns On Capital - An Important Metric For QleanAir Holding (STO:QAIR)

Dec 12

Is QleanAir Holding (STO:QAIR) A Risky Investment?

Nov 24

CEO Compensation Analysis

How has Sebastian Lindstrom's remuneration changed compared to QleanAir's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	kr5m	kr3m	kr43m
Sep 30 2023	n/a	n/a	kr19m
Jun 30 2023	n/a	n/a	kr20m
Mar 31 2023	n/a	n/a	kr10m
Dec 31 2022	kr3m	kr250k	kr13m

Compensation vs Market: Sebastian's total compensation ($USD442.23K) is above average for companies of similar size in the Swedish market ($USD240.79K).

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

CEO

Sebastian Lindstrom (58 yo)

1.5yrs

Tenure

kr4,864,000

Compensation

Mr. Sebastian Lindstrom serves as a Chief Executive Officer at QleanAir AB (publ) since November 28, 2022 and served its Director from August 2022 until November 2022. He serves as Senior advisor VEA Vent...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sebastian Lindstrom	Chief Executive Officer	1.5yrs	kr4.86m	1.35% SEK 6.3m
Henrik Resmark	Chief Financial Officer	11.2yrs	kr2.15m	0.20% SEK 942.0k
Par Bergdahl	Chief Operating Officer	3.6yrs	no data	no data
Glen Shimizu	Head of Sales-Japan & MD of QAS K.K.	no data	no data	no data
Zachary Douglas	Interim President of QAS Inc	2.3yrs	no data	no data

3.0yrs

Average Tenure

Experienced Management: QAIR's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Bengt Georg Engstrom	Independent Chairman of the Board	4yrs	kr500.00k	0.33% SEK 1.5m
Jan-Olof Backman	Independent Director	1.3yrs	no data	no data
Towe Ressman	Independent Director	3.3yrs	kr250.00k	0.058% SEK 270.4k
Dan Pitulia	Independent Director	1.3yrs	no data	no data
Fredrik Persson	Director	1.3yrs	no data	no data

1.3yrs

Average Tenure

62yo

Average Age

Experienced Board: QAIR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

QleanAir Management

Management criteria checks 1/4

Key information

Recent management updates

Insufficient new directors

QleanAir AB (publ), Annual General Meeting, May 08, 2024

Qleanair AB (Publ) Appoints Nomination Committee for the Annual General Meeting 2024

Chief Executive Officer recently bought kr3.2m worth of stock

Independent Director recently bought kr95k worth of stock

Independent Chairman of the Board recently bought kr58k worth of stock

Recent updates

Full year 2023 earnings: EPS misses analyst expectations

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

Full year 2023 earnings: EPS misses analyst expectations

Insufficient new directors

QleanAir AB (publ) to Report Fiscal Year 2023 Results on Apr 17, 2024

Consensus EPS estimates fall by 11%

QleanAir AB (publ) to Report Q2, 2024 Results on Aug 09, 2024

QleanAir AB (publ), Annual General Meeting, May 08, 2024

Price target decreased by 9.5% to kr47.50

Qleanair AB (Publ) Appoints Nomination Committee for the Annual General Meeting 2024

Chief Executive Officer recently bought kr3.2m worth of stock

Swedia Capital AB acquired 10.85% stake in QleanAir AB (publ) (OM:QAIR) from Qevirp 41 Limited.

Price target increased by 8.0% to kr54.00

Investor sentiment improves as stock rises 29%

Here's What's Concerning About QleanAir's (STO:QAIR) Returns On Capital

Independent Director recently bought kr95k worth of stock

Investor sentiment improves as stock rises 18%

Estimating The Intrinsic Value Of QleanAir AB (publ) (STO:QAIR)

Full year 2022 earnings released: EPS: kr0.89 (vs kr3.99 in FY 2021)

Independent Chairman of the Board recently bought kr58k worth of stock

These 4 Measures Indicate That QleanAir (STO:QAIR) Is Using Debt Extensively

Price target decreased by 20% to kr50.00

Full year 2022 earnings released: EPS: kr0.89 (vs kr3.99 in FY 2021)

QleanAir AB (publ) Launches New Quiet and Energy-Efficient Air Cleaner Meeting Tough Quality Requirements

QleanAir AB (publ) to Report Q4, 2023 Results on Feb 09, 2024

Investors Will Want QleanAir's (STO:QAIR) Growth In ROCE To Persist

Investor sentiment deteriorates as stock falls 24%

We Think QleanAir (STO:QAIR) Is Taking Some Risk With Its Debt

QleanAir AB Announces Executive Changes

Consensus EPS estimates fall by 27%

Consensus forecasts updated

Consensus EPS estimates fall by 23%

High number of new and inexperienced directors

QleanAir AB (publ), Annual General Meeting, May 10, 2023

Price target decreased to kr62.50

QleanAir AB (publ) to Report Fiscal Year 2022 Results on Apr 19, 2023

Should You Think About Buying QleanAir AB (publ) (STO:QAIR) Now?

Consensus EPS estimates fall by 11%

Consensus EPS estimates increase by 12%

High number of new and inexperienced directors

Price target decreased to kr67.50

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 13%

What Is QleanAir AB (publ)'s (STO:QAIR) Share Price Doing?

QleanAir AB (publ) Cleaning Solutions Now Meet New Tough Requirements from German VDI- Strengthens Position in Schools and Offices

Independent Director recently bought kr102k worth of stock

Price target decreased to kr77.50

QleanAir AB (publ) Launches IoT-Platform to Measure, Control and Improve Air Quality in Real-Time

Consensus forecasts updated

QleanAir (STO:QAIR) Has Announced That It Will Be Increasing Its Dividend To kr1.50

Grant Thornton Sweden AB Approves Dividend, Payable on 20 May 2021

Upcoming dividend of kr1.50 per share

High number of new and inexperienced directors

Full year 2021 earnings: EPS misses analyst expectations

QleanAir's (STO:QAIR) Upcoming Dividend Will Be Larger Than Last Year's

QleanAir AB (publ) Proposes Dividend, Payable on 20 May 2022

Is It Time To Consider Buying QleanAir AB (publ) (STO:QAIR)?

Investor sentiment deteriorated over the past week

QleanAir AB's (STO:QAIR) 26% Dip In Price Shows Sentiment Is Matching Earnings

Consensus EPS estimates fall by 20%

CEO & Interim VP of Sales - Europe recently bought kr378k worth of stock

QleanAir's (STO:QAIR) Upcoming Dividend Will Be Larger Than Last Year's

Full year 2021 earnings: EPS misses analyst expectations

QleanAir AB to Report Fiscal Year 2021 Final Results on Apr 21, 2022

High number of new and inexperienced directors

These 4 Measures Indicate That QleanAir (STO:QAIR) Is Using Debt Reasonably Well

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS kr1.00 (vs kr1.17 in 2Q 2020)

Price target increased to kr87.00