Strax Management
Management criteria checks 2/4
Strax's CEO is Gudmundur Palmason, appointed in May 2016, has a tenure of 8.08 years. total yearly compensation is €363.00K, comprised of 93.9% salary and 6.1% bonuses, including company stock and options. directly owns 26.04% of the company’s shares, worth SEK14.10M. The average tenure of the management team and the board of directors is 6.3 years and 8.1 years respectively.
Key information
Gudmundur Palmason
Chief executive officer
€363.0k
Total compensation
| CEO salary percentage | 93.9% |
| CEO tenure | 8yrs |
| CEO ownership | 26.0% |
| Management average tenure | 6.3yrs |
| Board average tenure | 8.1yrs |
Recent management updates
Recent updates
Strax AB (publ)'s (STO:STRAX) Shares Bounce 46% But Its Business Still Trails The Industry
Apr 04
Are Investors Undervaluing Strax AB (publ) (STO:STRAX) By 33%?
Nov 30The Strax AB (publ) (STO:STRAX) Analysts Have Been Trimming Their Sales Forecasts
Aug 27Strax AB (publ) (STO:STRAX) Might Not Be As Mispriced As It Looks After Plunging 30%
Jul 29These 4 Measures Indicate That Strax (STO:STRAX) Is Using Debt In A Risky Way
Aug 26Growth Investors: Industry Analysts Just Upgraded Their Strax AB (publ) (STO:STRAX) Revenue Forecasts By 16%
Jun 02Strax (STO:STRAX) Seems To Be Using A Lot Of Debt
May 26These 4 Measures Indicate That Strax (STO:STRAX) Is Using Debt In A Risky Way
Jan 06Here's What's Concerning About Strax's (STO:STRAX) Returns On Capital
Oct 10Strax (STO:STRAX) Has A Somewhat Strained Balance Sheet
Aug 26Need To Know: Analysts Are Much More Bullish On Strax AB (publ) (STO:STRAX) Revenues
Jun 02Why Strax AB (publ) (STO:STRAX) Could Be Worth Watching
May 28Strax (STO:STRAX) Has A Somewhat Strained Balance Sheet
May 07Returns On Capital At Strax (STO:STRAX) Paint An Interesting Picture
Mar 02Should You Take Comfort From Insider Transactions At Strax AB (publ) (STO:STRAX)?
Feb 09Reflecting on Strax's (STO:STRAX) Share Price Returns Over The Last Three Years
Jan 11
Does Strax (STO:STRAX) Have A Healthy Balance Sheet?
Dec 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -€48m |
| Sep 30 2023 | n/a | n/a | -€24m |
| Jun 30 2023 | n/a | n/a | -€17m |
| Mar 31 2023 | n/a | n/a | -€12m |
| Dec 31 2022 | €363k | €341k | -€11m |
| Sep 30 2022 | n/a | n/a | -€10m |
| Jun 30 2022 | n/a | n/a | -€2m |
| Mar 31 2022 | n/a | n/a | -€2m |
| Dec 31 2021 | €323k | €274k | -€2m |
| Sep 30 2021 | n/a | n/a | €2m |
| Jun 30 2021 | n/a | n/a | €2m |
| Mar 31 2021 | n/a | n/a | €1m |
| Dec 31 2020 | €281k | €248k | €669k |
| Sep 30 2020 | n/a | n/a | -€77k |
| Jun 30 2020 | n/a | n/a | -€2m |
| Mar 31 2020 | n/a | n/a | -€4m |
| Dec 31 2019 | €281k | €273k | -€2m |
| Sep 30 2019 | n/a | n/a | €15m |
| Jun 30 2019 | n/a | n/a | €14m |
| Mar 31 2019 | n/a | n/a | €17m |
| Dec 31 2018 | €331k | €242k | €17m |
| Sep 30 2018 | n/a | n/a | -€3m |
| Jun 30 2018 | n/a | n/a | -€241k |
| Mar 31 2018 | n/a | n/a | €2m |
| Dec 31 2017 | €268k | €264k | €2m |
Compensation vs Market: Gudmundur's total compensation ($USD394.99K) is above average for companies of similar size in the Swedish market ($USD250.37K).
Compensation vs Earnings: Gudmundur's compensation has increased whilst the company is unprofitable.
CEO
Gudmundur Palmason (55 yo)
8yrs
Tenure
€363,000
Compensation
Mr. Gudmundur Palmason serves as Chief Executive Officer at Strax AB (publ) since May 2016. He serves as Managing Director at Strax AB (publ) and has been its Executive Director since April 2016. Mr. Palma...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 8.1yrs | €278.00k | 24.65% € 13.3m | |
| CEO, MD & Executive Director | 8yrs | €363.00k | 26.04% € 14.1m | |
| Chief Financial Officer | 8yrs | no data | 0.065% € 35.2k | |
| Chief Operations Officer | 4.6yrs | no data | no data | |
| Head of European Distribution & Management of Procurist | 4.3yrs | no data | no data |
6.3yrs
Average Tenure
55yo
Average Age
Experienced Management: STRAX's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman | 8.1yrs | €278.00k | 24.65% € 13.3m | |
| CEO, MD & Executive Director | 8.1yrs | €363.00k | 26.04% € 14.1m | |
| Independent Director | 24.3yrs | €20.00k | 5.26% € 2.8m |
8.1yrs
Average Tenure
55yo
Average Age
Experienced Board: STRAX's board of directors are considered experienced (8.1 years average tenure).