Evolution Management

Management criteria checks 2/4

Evolution's CEO is Martin Carlesund, appointed in Nov 2016, has a tenure of 7.5 years. total yearly compensation is €6.39M, comprised of 40.9% salary and 59.1% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth SEK826.10M. The average tenure of the management team and the board of directors is 7.9 years and 9.3 years respectively.

Key information

Martin Carlesund

Chief executive officer

€6.4m

Total compensation

CEO salary percentage40.9%
CEO tenure7.5yrs
CEO ownership0.3%
Management average tenure7.9yrs
Board average tenure9.3yrs

Recent management updates

Recent updates

Analysts Are Updating Their Evolution AB (publ) (STO:EVO) Estimates After Its First-Quarter Results

Apr 27
Analysts Are Updating Their Evolution AB (publ) (STO:EVO) Estimates After Its First-Quarter Results

Why Evolution AB (publ) (STO:EVO) Could Be Worth Watching

Apr 01
Why Evolution AB (publ) (STO:EVO) Could Be Worth Watching

Subdued Growth No Barrier To Evolution AB (publ)'s (STO:EVO) Price

Mar 18
Subdued Growth No Barrier To Evolution AB (publ)'s (STO:EVO) Price

Here's What Analysts Are Forecasting For Evolution AB (publ) (STO:EVO) After Its Yearly Results

Feb 04
Here's What Analysts Are Forecasting For Evolution AB (publ) (STO:EVO) After Its Yearly Results

Should You Think About Buying Evolution AB (publ) (STO:EVO) Now?

Dec 31
Should You Think About Buying Evolution AB (publ) (STO:EVO) Now?

An Intrinsic Calculation For Evolution AB (publ) (STO:EVO) Suggests It's 46% Undervalued

Dec 15
An Intrinsic Calculation For Evolution AB (publ) (STO:EVO) Suggests It's 46% Undervalued

Here's Why We Think Evolution (STO:EVO) Is Well Worth Watching

Nov 30
Here's Why We Think Evolution (STO:EVO) Is Well Worth Watching

Should You Think About Buying Evolution AB (publ) (STO:EVO) Now?

Sep 11
Should You Think About Buying Evolution AB (publ) (STO:EVO) Now?

We Ran A Stock Scan For Earnings Growth And Evolution (STO:EVO) Passed With Ease

Aug 27
We Ran A Stock Scan For Earnings Growth And Evolution (STO:EVO) Passed With Ease

Calculating The Fair Value Of Evolution AB (publ) (STO:EVO)

Jul 03
Calculating The Fair Value Of Evolution AB (publ) (STO:EVO)

Should You Investigate Evolution AB (publ) (STO:EVO) At kr1,426?

Jun 01
Should You Investigate Evolution AB (publ) (STO:EVO) At kr1,426?

With EPS Growth And More, Evolution (STO:EVO) Makes An Interesting Case

May 17
With EPS Growth And More, Evolution (STO:EVO) Makes An Interesting Case

Evolution AB (publ)'s (STO:EVO) Intrinsic Value Is Potentially 32% Above Its Share Price

Mar 26
Evolution AB (publ)'s (STO:EVO) Intrinsic Value Is Potentially 32% Above Its Share Price

Should You Investigate Evolution AB (publ) (STO:EVO) At kr1,332?

Feb 08
Should You Investigate Evolution AB (publ) (STO:EVO) At kr1,332?

Here's Why We Think Evolution (STO:EVO) Is Well Worth Watching

Jan 24
Here's Why We Think Evolution (STO:EVO) Is Well Worth Watching

An Intrinsic Calculation For Evolution AB (publ) (STO:EVO) Suggests It's 46% Undervalued

Dec 12
An Intrinsic Calculation For Evolution AB (publ) (STO:EVO) Suggests It's 46% Undervalued

Here's Why We Think Evolution (STO:EVO) Might Deserve Your Attention Today

Oct 23
Here's Why We Think Evolution (STO:EVO) Might Deserve Your Attention Today

At kr829, Is Evolution AB (publ) (STO:EVO) Worth Looking At Closely?

Sep 22
At kr829, Is Evolution AB (publ) (STO:EVO) Worth Looking At Closely?

Does Evolution (STO:EVO) Deserve A Spot On Your Watchlist?

Jul 24
Does Evolution (STO:EVO) Deserve A Spot On Your Watchlist?

Why Evolution AB (publ) (STO:EVO) Could Be Worth Watching

Jun 24
Why Evolution AB (publ) (STO:EVO) Could Be Worth Watching

An Intrinsic Calculation For Evolution AB (publ) (STO:EVO) Suggests It's 44% Undervalued

Jun 07
An Intrinsic Calculation For Evolution AB (publ) (STO:EVO) Suggests It's 44% Undervalued

Does Evolution (STO:EVO) Deserve A Spot On Your Watchlist?

Mar 24
Does Evolution (STO:EVO) Deserve A Spot On Your Watchlist?

Is It Time To Consider Buying Evolution AB (publ) (STO:EVO)?

Mar 06
Is It Time To Consider Buying Evolution AB (publ) (STO:EVO)?

A Look At The Fair Value Of Evolution AB (publ) (STO:EVO)

Jan 02
A Look At The Fair Value Of Evolution AB (publ) (STO:EVO)

Here's Why I Think Evolution (STO:EVO) Might Deserve Your Attention Today

Dec 19
Here's Why I Think Evolution (STO:EVO) Might Deserve Your Attention Today

Should You Investigate Evolution AB (publ) (STO:EVO) At kr935?

Dec 04
Should You Investigate Evolution AB (publ) (STO:EVO) At kr935?

If You Like EPS Growth Then Check Out Evolution (STO:EVO) Before It's Too Late

Sep 15
If You Like EPS Growth Then Check Out Evolution (STO:EVO) Before It's Too Late

What Does Evolution AB (publ)'s (STO:EVO) Share Price Indicate?

Aug 26
What Does Evolution AB (publ)'s (STO:EVO) Share Price Indicate?

Are Evolution AB (publ) (STO:EVO) Investors Paying Above The Intrinsic Value?

Jul 04
Are Evolution AB (publ) (STO:EVO) Investors Paying Above The Intrinsic Value?

Is Now The Time To Put Evolution (STO:EVO) On Your Watchlist?

Jun 17
Is Now The Time To Put Evolution (STO:EVO) On Your Watchlist?

Why Evolution Gaming Group AB (publ) (STO:EVO) Could Be Worth Watching

May 17
Why Evolution Gaming Group AB (publ) (STO:EVO) Could Be Worth Watching

Is Now The Time To Put Evolution Gaming Group (STO:EVO) On Your Watchlist?

Feb 28
Is Now The Time To Put Evolution Gaming Group (STO:EVO) On Your Watchlist?

CEO Compensation Analysis

How has Martin Carlesund's remuneration changed compared to Evolution's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

€1b

Dec 31 2023€6m€3m

€1b

Sep 30 2023n/an/a

€1b

Jun 30 2023n/an/a

€960m

Mar 31 2023n/an/a

€897m

Dec 31 2022€3m€2m

€843m

Sep 30 2022n/an/a

€791m

Jun 30 2022n/an/a

€728m

Mar 31 2022n/an/a

€671m

Dec 31 2021€10m€2m

€605m

Sep 30 2021n/an/a

€514m

Jun 30 2021n/an/a

€436m

Mar 31 2021n/an/a

€362m

Dec 31 2020€2m€1m

€285m

Sep 30 2020n/an/a

€251m

Jun 30 2020n/an/a

€211m

Mar 31 2020n/an/a

€175m

Dec 31 2019€999k€753k

€150m

Sep 30 2019n/an/a

€128m

Jun 30 2019n/an/a

€110m

Mar 31 2019n/an/a

€96m

Dec 31 2018€816k€628k

€83m

Sep 30 2018n/an/a

€76m

Jun 30 2018n/an/a

€71m

Mar 31 2018n/an/a

€66m

Dec 31 2017€513k€513k

€62m

Compensation vs Market: Martin's total compensation ($USD6.86M) is above average for companies of similar size in the Swedish market ($USD3.23M).

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


CEO

Martin Carlesund (53 yo)

7.5yrs

Tenure

€6,386,000

Compensation

Mr. Martin Carlesund has been the Chief Executive Officer of Highlight Media Holdings Ltd. since 2009. Mr. Carlesund has been the Chief Executive Officer of Evolution Gaming Group AB since November 1, 2016...


Leadership Team

NamePositionTenureCompensationOwnership
Jens von Bahr
Co-Founder9.3yrs€526.00kno data
Martin Carlesund
Group Chief Executive Officer7.5yrs€6.39m0.32%
€ 826.1m
Fredrik Österberg
Co-Founder & Directorno data€131.00k0.024%
€ 60.3m
Richard Hadida
Co-Founder and Creative Director of Groupno datano datano data
Jacob Kaplan
Chief Financial Officer7.4yrsno data0.028%
€ 72.4m
David Craelius
Chief Technology Officer8.3yrsno data0%
€ 0
Carl Linton
Head of IRno datano datano data
Amy Riches
Head of Marketingno datano datano data
Louise Wivén-Nilsson
Chief Human Resources Officerno datano data0.011%
€ 27.5m
Todd Haushalter
Chief Product Officer & Games Operations8.7yrsno data0.046%
€ 116.2m
Sebastian Johannisson
Chief Strategy Officerno datano data0.33%
€ 844.5m
Olesya Ivanova
Chief Operating Officer of Latviano datano data0%
€ 0

7.9yrs

Average Tenure

50.5yo

Average Age

Experienced Management: EVO's management team is seasoned and experienced (7.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jens von Bahr
Co-Founder9.3yrs€526.00kno data
Fredrik Österberg
Co-Founder & Director9.3yrs€131.00k0.024%
€ 60.3m
Joel Citron
Independent Director9.3yrs€131.00k0.11%
€ 289.6m
Sandra Urie
Independent Director2.6yrs€101.00k0.00014%
€ 356.5k
Ian Livingstone
Independent Director9.3yrs€131.00kno data
Mimi Drake
Independent Director2.8yrs€131.00k0.00014%
€ 356.5k

9.3yrs

Average Tenure

58yo

Average Age

Experienced Board: EVO's board of directors are considered experienced (9.3 years average tenure).


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