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LeoVegas Management

Management criteria checks 1/4

LeoVegas' CEO is Gustaf Hagman, appointed in May 2011, has a tenure of 11.33 years. directly owns 8.24% of the company’s shares, worth SEK490.65M. The average tenure of the management team and the board of directors is 3.5 years and 2.3 years respectively.

Key information

Gustaf Hagman

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure11.3yrs
CEO ownership8.2%
Management average tenure3.5yrs
Board average tenure2.3yrs

Recent management updates

Are Insiders Selling LeoVegas AB (publ) (STO:LEO) Stock?

Feb 27
Are Insiders Selling LeoVegas AB (publ) (STO:LEO) Stock?

Have Insiders Been Selling LeoVegas AB (publ) (STO:LEO) Shares?

Nov 21
Have Insiders Been Selling LeoVegas AB (publ) (STO:LEO) Shares?

Recent updates

LeoVegas' (STO:LEO) Shareholders Will Receive A Bigger Dividend Than Last Year

May 02
LeoVegas' (STO:LEO) Shareholders Will Receive A Bigger Dividend Than Last Year

LeoVegas (STO:LEO) Will Pay A Larger Dividend Than Last Year At kr0.42

Apr 12
LeoVegas (STO:LEO) Will Pay A Larger Dividend Than Last Year At kr0.42

LeoVegas (STO:LEO) Is Increasing Its Dividend To kr0.42

Mar 29
LeoVegas (STO:LEO) Is Increasing Its Dividend To kr0.42

LeoVegas' (STO:LEO) Upcoming Dividend Will Be Larger Than Last Year's

Mar 13
LeoVegas' (STO:LEO) Upcoming Dividend Will Be Larger Than Last Year's

LeoVegas (STO:LEO) Has Announced That It Will Be Increasing Its Dividend To kr0.42

Feb 27
LeoVegas (STO:LEO) Has Announced That It Will Be Increasing Its Dividend To kr0.42

LeoVegas (STO:LEO) Is Increasing Its Dividend To kr0.42

Feb 13
LeoVegas (STO:LEO) Is Increasing Its Dividend To kr0.42

Why LeoVegas AB (publ) (STO:LEO) Could Be Worth Watching

May 17
Why LeoVegas AB (publ) (STO:LEO) Could Be Worth Watching

Are Investors Undervaluing LeoVegas AB (publ) (STO:LEO) By 50%?

Apr 16
Are Investors Undervaluing LeoVegas AB (publ) (STO:LEO) By 50%?

LeoVegas (STO:LEO) Has A Rock Solid Balance Sheet

Apr 05
LeoVegas (STO:LEO) Has A Rock Solid Balance Sheet

LeoVegas (STO:LEO) Shareholders Will Want The ROCE Trajectory To Continue

Mar 23
LeoVegas (STO:LEO) Shareholders Will Want The ROCE Trajectory To Continue

How Much Of LeoVegas AB (publ) (STO:LEO) Do Insiders Own?

Mar 11
How Much Of LeoVegas AB (publ) (STO:LEO) Do Insiders Own?

Are Insiders Selling LeoVegas AB (publ) (STO:LEO) Stock?

Feb 27
Are Insiders Selling LeoVegas AB (publ) (STO:LEO) Stock?

Is LeoVegas AB (publ)'s(STO:LEO) Recent Stock Performance Tethered To Its Strong Fundamentals?

Feb 15
Is LeoVegas AB (publ)'s(STO:LEO) Recent Stock Performance Tethered To Its Strong Fundamentals?

Is LeoVegas AB (publ) (STO:LEO) Potentially Undervalued?

Feb 02
Is LeoVegas AB (publ) (STO:LEO) Potentially Undervalued?

Reflecting on LeoVegas' (STO:LEO) Share Price Returns Over The Last Three Years

Jan 22
Reflecting on LeoVegas' (STO:LEO) Share Price Returns Over The Last Three Years

Here's Why LeoVegas's (STO:LEO) Statutory Earnings Are Arguably Too Conservative

Jan 11
Here's Why LeoVegas's (STO:LEO) Statutory Earnings Are Arguably Too Conservative

Is LeoVegas AB (publ) (STO:LEO) A Good Fit For Your Dividend Portfolio?

Dec 31
Is LeoVegas AB (publ) (STO:LEO) A Good Fit For Your Dividend Portfolio?

Is LeoVegas (STO:LEO) A Risky Investment?

Dec 21
Is LeoVegas (STO:LEO) A Risky Investment?

We Like These Underlying Trends At LeoVegas (STO:LEO)

Dec 11
We Like These Underlying Trends At LeoVegas (STO:LEO)

What Kind Of Investors Own Most Of LeoVegas AB (publ) (STO:LEO)?

Dec 01
What Kind Of Investors Own Most Of LeoVegas AB (publ) (STO:LEO)?

Have Insiders Been Selling LeoVegas AB (publ) (STO:LEO) Shares?

Nov 21
Have Insiders Been Selling LeoVegas AB (publ) (STO:LEO) Shares?

CEO Compensation Analysis

How has Gustaf Hagman's remuneration changed compared to LeoVegas's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2022n/an/a

€374k

Mar 31 2022n/an/a

€2m

Dec 31 2021n/an/a

€11m

Sep 30 2021n/an/a

€5m

Jun 30 2021n/an/a

€5m

Mar 31 2021n/an/a

€19m

Dec 31 2020€391k€364k

€19m

Sep 30 2020n/an/a

€18m

Jun 30 2020n/an/a

€19m

Mar 31 2020n/an/a

€12m

Dec 31 2019€321k€312k

€10m

Sep 30 2019n/an/a

€35m

Jun 30 2019n/an/a

€43m

Mar 31 2019n/an/a

€42m

Dec 31 2018€358k€264k

€43m

Sep 30 2018n/an/a

€23m

Jun 30 2018n/an/a

€16m

Mar 31 2018n/an/a

€15m

Dec 31 2017€212k€212k

€18m

Sep 30 2017n/an/a

€27m

Jun 30 2017n/an/a

€29m

Mar 31 2017n/an/a

€21m

Dec 31 2016€178k€177k

€14m

Sep 30 2016n/an/a

€5m

Jun 30 2016n/an/a

-€3m

Mar 31 2016n/an/a

-€1m

Dec 31 2015€186k€181k

€429k

Compensation vs Market: Insufficient data to establish whether Gustaf's total compensation is reasonable compared to companies of similar size in the Swedish market.

Compensation vs Earnings: Gustaf's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Gustaf Hagman (48 yo)

11.3yrs

Tenure

€391,000

Compensation

Mr. Gustaf Hagman Co-Founded LeoVegas AB (publ) in 2011 and has been its Group Chief Executive Officer and President since 2015. Mr. Hagman served as the Chief Executive Officer of LeoVegas AB (publ) from...


Leadership Team

NamePositionTenureCompensationOwnership
Gustaf Hagman
Co-Founder11.3yrs€391.00k8.24%
SEK 490.6m
Mårten Forste
Chief Operating Officer2.6yrs€258.00k0.27%
SEK 16.2m
Stefan Nelson
Chief Financial Officer4.1yrsno data0.046%
SEK 2.7m
Philip Doftvik
Director of Investor Relations & Corporate Financeno datano datano data
Mattias Wedar
Chief Product & Technical Officer3.7yrsno data0.022%
SEK 1.3m
Avshalom Lazar
Chief Compliance & Legal Officer3.4yrsno datano data
Niklas Lindahl
Chief Marketing Officerless than a yearno data0.024%
SEK 1.4m
Tamara Micallef
Group Head of Complianceno datano datano data
Aleksandra Sygiel
Head of Business Developmentno datano datano data
Klas Axell
Head of Platform & Architectureno datano datano data
Melvin Ritsema
Managing Directorno datano datano data
Christian Polsater
Head of Sportsbookno datano datano data

3.5yrs

Average Tenure

47.5yo

Average Age

Experienced Management: LEO's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Per Norman
Chairman2.3yrs€41.00k0.072%
SEK 4.3m
Anna Frick
Independent Director7.3yrs€37.00k0.0038%
SEK 225.6k
Torsten Soderberg
Director2.3yrs€20.00k4.64%
SEK 276.3m
Fredrik Rüden
Independent Director3.3yrs€40.00k0.020%
SEK 1.2m
Hélène Westholm
Director2.3yrs€20.00k0.0026%
SEK 152.4k
Carl Larsson
Director2.3yrs€20.00k0.010%
SEK 609.5k
Mathias Hallberg
Director2.3yrs€20.00kno data

2.3yrs

Average Tenure

52yo

Average Age

Experienced Board: LEO's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/09/23 16:40
End of Day Share Price 2022/09/22 00:00
Earnings2022/06/30
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

LeoVegas AB (publ) is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mikael LaséenCarnegie Investment Bank AB
Sharish AzizDanske Bank
Martin ArnellDNB Markets