Mips Management
Management criteria checks 4/4
Mips' CEO is Max Strandwitz, appointed in May 2019, has a tenure of 5.5 years. total yearly compensation is SEK6.19M, comprised of 71.2% salary and 28.8% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth SEK37.05M. The average tenure of the management team and the board of directors is 3.5 years and 5.2 years respectively.
Key information
Max Strandwitz
Chief executive officer
SEK 6.2m
Total compensation
| CEO salary percentage | 71.2% |
| CEO tenure | 5.5yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.5yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
Additional Considerations Required While Assessing Mips' (STO:MIPS) Strong Earnings
Nov 03
Mips AB (publ) (STO:MIPS) Just Reported And Analysts Have Been Lifting Their Price Targets
Oct 27Are Mips AB (publ) (STO:MIPS) Investors Paying Above The Intrinsic Value?
Sep 16Investors Could Be Concerned With Mips' (STO:MIPS) Returns On Capital
Sep 03After Leaping 25% Mips AB (publ) (STO:MIPS) Shares Are Not Flying Under The Radar
Jul 23Results: Mips AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts
Jul 21Mips AB (publ)'s (STO:MIPS) CEO Might Not Expect Shareholders To Be So Generous This Year
May 01Mips (STO:MIPS) Will Pay A Larger Dividend Than Last Year At SEK6.00
Apr 17Mips' (STO:MIPS) Dividend Will Be Increased To SEK6.00
Mar 31There Are Reasons To Feel Uneasy About Mips' (STO:MIPS) Returns On Capital
Mar 01Mips' (STO:MIPS) Weak Earnings May Only Reveal A Part Of The Whole Picture
Feb 16Earnings Miss: Mips AB (publ) Missed EPS By 9.1% And Analysts Are Revising Their Forecasts
Feb 11Is Now An Opportune Moment To Examine Mips AB (publ) (STO:MIPS)?
Feb 06Mips AB (publ) (STO:MIPS) Analysts Just Slashed Next Year's Estimates
Jan 24Mips AB (publ)'s (STO:MIPS) Price In Tune With Revenues
Dec 24Is Mips AB (publ) (STO:MIPS) Trading At A 37% Discount?
Nov 24Capital Allocation Trends At Mips (STO:MIPS) Aren't Ideal
Nov 09A Look At The Intrinsic Value Of Mips AB (publ) (STO:MIPS)
Aug 04News Flash: 4 Analysts Think Mips AB (publ) (STO:MIPS) Earnings Are Under Threat
Jul 22Is Now An Opportune Moment To Examine Mips AB (publ) (STO:MIPS)?
Jul 14Investors Shouldn't Overlook Mips' (STO:MIPS) Impressive Returns On Capital
Jun 13Mips (STO:MIPS) Is Increasing Its Dividend To SEK5.50
Apr 16Mips AB (publ) (STO:MIPS) Shares Could Be 26% Above Their Intrinsic Value Estimate
Apr 06Is Mips AB (publ) (STO:MIPS) Potentially Undervalued?
Mar 22Why The 35% Return On Capital At Mips (STO:MIPS) Should Have Your Attention
Feb 27Mips' (STO:MIPS) Dividend Will Be Increased To SEK5.50
Feb 14Is Now An Opportune Moment To Examine Mips AB (publ) (STO:MIPS)?
Dec 16Calculating The Intrinsic Value Of Mips AB (publ) (STO:MIPS)
Dec 02Mips (STO:MIPS) Is Investing Its Capital With Increasing Efficiency
Nov 14Here's Why We Think MIPS (STO:MIPS) Is Well Worth Watching
Sep 23Is There An Opportunity With MIPS AB (publ)'s (STO:MIPS) 24% Undervaluation?
Aug 09Should You Investigate MIPS AB (publ) (STO:MIPS) At kr496?
Jul 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | SEK 104m |
| Jun 30 2024 | n/a | n/a | SEK 82m |
| Mar 31 2024 | n/a | n/a | SEK 62m |
| Dec 31 2023 | SEK 6m | SEK 4m | SEK 64m |
| Sep 30 2023 | n/a | n/a | SEK 67m |
| Jun 30 2023 | n/a | n/a | SEK 82m |
| Mar 31 2023 | n/a | n/a | SEK 141m |
| Dec 31 2022 | SEK 7m | SEK 4m | SEK 175m |
| Sep 30 2022 | n/a | n/a | SEK 235m |
| Jun 30 2022 | n/a | n/a | SEK 295m |
| Mar 31 2022 | n/a | n/a | SEK 271m |
| Dec 31 2021 | SEK 8m | SEK 4m | SEK 255m |
| Sep 30 2021 | n/a | n/a | SEK 235m |
| Jun 30 2021 | n/a | n/a | SEK 188m |
| Mar 31 2021 | n/a | n/a | SEK 149m |
| Dec 31 2020 | SEK 4m | SEK 3m | SEK 129m |
| Sep 30 2020 | n/a | n/a | SEK 100m |
| Jun 30 2020 | n/a | n/a | SEK 74m |
| Mar 31 2020 | n/a | n/a | SEK 87m |
| Dec 31 2019 | SEK 5m | SEK 2m | SEK 85m |
Compensation vs Market: Max's total compensation ($USD560.07K) is about average for companies of similar size in the Swedish market ($USD749.94K).
Compensation vs Earnings: Max's compensation has been consistent with company performance over the past year.
CEO
Max Strandwitz (49 yo)
5.5yrs
Tenure
SEK 6,185,000
Compensation
Mr. Max Strandwitz has been Chief Executive Officer of MIPS AB (publ) since May 10, 2019 and also serves as its President. Mr. Strandwitz served as Chief Financial Officer of Operations at Cloetta AB and F...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 5.5yrs | SEK 6.19m | 0.29% SEK 37.0m | |
| Chief Financial Officer | 4.1yrs | no data | 0.048% SEK 6.0m | |
| Chief Operating Officer | 1.8yrs | no data | no data | |
| Chief Technology Officer | 2.8yrs | no data | 0.0046% SEK 584.9k | |
| Vice President of Brand & Marketing | less than a year | no data | no data | |
| Advisor | 5.5yrs | SEK 5.69m | no data |
3.5yrs
Average Tenure
48.5yo
Average Age
Experienced Management: MIPS's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.5yrs | SEK 355.00k | 0.0015% SEK 189.9k | |
| Independent Director | 6.8yrs | SEK 410.00k | no data | |
| Independent Chairman of the Board | 8.8yrs | SEK 683.00k | no data | |
| Independent Board Member | 12.8yrs | SEK 312.00k | no data | |
| Independent Director | 2.5yrs | SEK 282.00k | no data | |
| Independent Director | 3.5yrs | SEK 282.00k | 0.023% SEK 2.8m |
5.2yrs
Average Tenure
57yo
Average Age
Experienced Board: MIPS's board of directors are considered experienced (5.2 years average tenure).