Hoist Finance Management

Management criteria checks 1/4

Hoist Finance's CEO is Harry Vranjes, appointed in Jan 2023, has a tenure of 1.92 years. total yearly compensation is SEK8.99M, comprised of 77.9% salary and 22.1% bonuses, including company stock and options. directly owns 0.86% of the company’s shares, worth SEK69.74M. The average tenure of the management team and the board of directors is 1.9 years and 2.8 years respectively.

Key information

Harry Vranjes

Chief executive officer

SEK 9.0m

Total compensation

CEO salary percentage77.9%
CEO tenure1.9yrs
CEO ownership0.9%
Management average tenure1.9yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

The Market Doesn't Like What It Sees From Hoist Finance AB (publ)'s (STO:HOFI) Earnings Yet

Oct 26
The Market Doesn't Like What It Sees From Hoist Finance AB (publ)'s (STO:HOFI) Earnings Yet

Here's Why We Think Hoist Finance (STO:HOFI) Might Deserve Your Attention Today

May 04
Here's Why We Think Hoist Finance (STO:HOFI) Might Deserve Your Attention Today

Hoist Finance AB (publ)'s (STO:HOFI) Shares Leap 26% Yet They're Still Not Telling The Full Story

Feb 24
Hoist Finance AB (publ)'s (STO:HOFI) Shares Leap 26% Yet They're Still Not Telling The Full Story

Revenue Downgrade: Here's What Analysts Forecast For Hoist Finance AB (publ) (STO:HOFI)

Jul 14
Revenue Downgrade: Here's What Analysts Forecast For Hoist Finance AB (publ) (STO:HOFI)

Shareholders May Be Wary Of Increasing Hoist Finance AB (publ)'s (STO:HOFI) CEO Compensation Package

Apr 05
Shareholders May Be Wary Of Increasing Hoist Finance AB (publ)'s (STO:HOFI) CEO Compensation Package

Insider Buying: The Hoist Finance AB (publ) (STO:HOFI) Independent Director Just Bought 2,919% More Shares

Feb 14
Insider Buying: The Hoist Finance AB (publ) (STO:HOFI) Independent Director Just Bought 2,919% More Shares

CEO Compensation Analysis

How has Harry Vranjes's remuneration changed compared to Hoist Finance's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 856m

Jun 30 2024n/an/a

SEK 833m

Mar 31 2024n/an/a

SEK 713m

Dec 31 2023SEK 9mSEK 7m

SEK 559m

Compensation vs Market: Harry's total compensation ($USD815.66K) is about average for companies of similar size in the Swedish market ($USD734.58K).

Compensation vs Earnings: Insufficient data to compare Harry's compensation with company performance.


CEO

Harry Vranjes (54 yo)

1.9yrs

Tenure

SEK 8,994,000

Compensation

Mr. Harry Vranjes serves as Chief Executive Officer at Hoist Finance AB (publ) since January 01, 2023. He served as Chief Operating Officer at Intrum AB (publ) since January 1, 2020 until June 1, 2022. Mr....


Leadership Team

NamePositionTenureCompensationOwnership
Lars Wollung
Executive Chairman2.8yrsSEK 1.71m1.52%
SEK 123.7m
Harry Vranjes
Chief Executive Officer1.9yrsSEK 8.99m0.86%
SEK 69.7m
Christian Wallentin
Deputy CEO & CFO3.3yrsno data0.45%
SEK 37.0m
Mihails Mihailovs
Chief Operating Officerno datano data0.083%
SEK 6.8m
Fabien Klecha
Chief Investment Officer3yrsno data0.47%
SEK 38.4m
Karin Tyche
Chief Investor Relations & Communications Officerless than a yearno datano data
Cecilia Strale
Chief Compliance Officerno datano data0.0018%
SEK 148.9k
Pontus Ericson
Chief Legal Officerless than a yearno datano data
Katarina Meyer
Chief People Officerno datano data0.0049%
SEK 400.4k
Simona Sankauskaite
Chief Risk Officerno datano data0.0039%
SEK 316.6k
Jonas Hild
Chief Risk Officerless than a yearno datano data

1.9yrs

Average Tenure

54yo

Average Age

Experienced Management: HOFI's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Lars Wollung
Executive Chairman2.8yrsSEK 1.71m1.52%
SEK 123.7m
Rickard Westlund
Independent Director2.8yrsSEK 606.00k0.023%
SEK 1.8m
Bengt Edholm
Independent Director2.8yrsSEK 893.00k0.021%
SEK 1.7m
Christopher Rees
Independent Director2.8yrsSEK 978.00k0.023%
SEK 1.9m
Peter Zonabend
Director3.7yrsSEK 540.00k0.070%
SEK 5.7m
Camilla Watz
Independent Director2.8yrsSEK 647.00k0.085%
SEK 6.9m

2.8yrs

Average Tenure

55yo

Average Age

Experienced Board: HOFI's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:50
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

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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

Hoist Finance AB (publ) is covered by 7 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
Ermin KericCarnegie Investment Bank AB
Borja Ramirez SeguraCitigroup Inc
Arun MelmaneMacquarie Research