Tessin Nordic Holding Management
Management criteria checks 3/4
Tessin Nordic Holding's CEO is Heidi Wik, appointed in Jun 2021, has a tenure of 3.42 years. total yearly compensation is SEK2.25M, comprised of 81.1% salary and 18.9% bonuses, including company stock and options. directly owns 1.16% of the company’s shares, worth SEK623.26K. The average tenure of the management team and the board of directors is 5.3 years and 0.8 years respectively.
Key information
Heidi Wik
Chief executive officer
SEK 2.3m
Total compensation
| CEO salary percentage | 81.1% |
| CEO tenure | 3.4yrs |
| CEO ownership | 1.2% |
| Management average tenure | 5.3yrs |
| Board average tenure | less than a year |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -SEK 24m |
| Jun 30 2024 | n/a | n/a | -SEK 18m |
| Mar 31 2024 | n/a | n/a | -SEK 14m |
| Dec 31 2023 | SEK 2m | SEK 2m | -SEK 15m |
| Sep 30 2023 | n/a | n/a | -SEK 30m |
| Jun 30 2023 | n/a | n/a | -SEK 37m |
| Mar 31 2023 | n/a | n/a | -SEK 42m |
| Dec 31 2022 | SEK 2m | SEK 2m | -SEK 47m |
| Sep 30 2022 | n/a | n/a | -SEK 32m |
| Jun 30 2022 | n/a | n/a | -SEK 28m |
| Mar 31 2022 | n/a | n/a | -SEK 56m |
| Dec 31 2021 | SEK 1m | SEK 1m | -SEK 83m |
Compensation vs Market: Heidi's total compensation ($USD204.93K) is about average for companies of similar size in the Swedish market ($USD236.33K).
Compensation vs Earnings: Heidi's compensation has been consistent with company performance over the past year.
CEO
Heidi Wik
3.4yrs
Tenure
SEK 2,252,000
Compensation
Ms. Heidi Wik serves as President and Chief Executive Officer at Tessin Nordic Holding AB since June 2021. She holds Master’s degree in economics, Åbo Akademi University. Background: Over the past three ye...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 3.4yrs | SEK 2.25m | 1.16% SEK 623.3k | |
| Founder | no data | no data | no data | |
| Founder | no data | no data | no data | |
| CFO & Independent Director | 1.8yrs | no data | no data | |
| Chief Operating Officer | 5.8yrs | no data | 0.081% SEK 43.4k | |
| Chief Legal Officer | 4.8yrs | no data | no data | |
| Chief Sales Officer | 6.8yrs | no data | 0.012% SEK 6.3k | |
| CEO & Chairman of Tessin Capital AB | 5.8yrs | no data | no data |
5.3yrs
Average Tenure
Experienced Management: TESSIN's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CFO & Independent Director | less than a year | no data | no data | |
| CEO & Chairman of Tessin Capital AB | 5.8yrs | no data | no data | |
| Independent Chairman of the Board | 2.5yrs | SEK 506.00k | 0.46% SEK 249.6k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
0.8yrs
Average Tenure
Experienced Board: TESSIN's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.