OssDsign Management

Management criteria checks 2/4

OssDsign's CEO is Morten Henneveld, appointed in Sep 2020, has a tenure of 3.75 years. total yearly compensation is SEK7.94M, comprised of 54% salary and 46% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth SEK1.86M. The average tenure of the management team and the board of directors is 3.6 years and 5.4 years respectively.

Key information

Morten Henneveld

Chief executive officer

SEK 7.9m

Total compensation

CEO salary percentage	54.0%
CEO tenure	3.8yrs
CEO ownership	0.2%
Management average tenure	3.6yrs
Board average tenure	5.4yrs

Recent management updates

Increases to OssDsign AB (publ)'s (STO:OSSD) CEO Compensation Might Cool off for now

Jun 19

Recent updates

Increases to OssDsign AB (publ)'s (STO:OSSD) CEO Compensation Might Cool off for now

Jun 19

Getting In Cheap On OssDsign AB (publ) (STO:OSSD) Is Unlikely

Mar 19

Here's Why We're Not Too Worried About OssDsign's (STO:OSSD) Cash Burn Situation

Aug 19

CEO Compensation Analysis

How has Morten Henneveld's remuneration changed compared to OssDsign's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-SEK 118m
Dec 31 2023	SEK 8m	SEK 4m	-SEK 130m
Sep 30 2023	n/a	n/a	-SEK 109m
Jun 30 2023	n/a	n/a	-SEK 95m
Mar 31 2023	n/a	n/a	-SEK 99m
Dec 31 2022	SEK 6m	SEK 4m	-SEK 99m
Sep 30 2022	n/a	n/a	-SEK 96m
Jun 30 2022	n/a	n/a	-SEK 93m
Mar 31 2022	n/a	n/a	-SEK 95m
Dec 31 2021	SEK 6m	SEK 6m	-SEK 94m
Sep 30 2021	n/a	n/a	-SEK 90m
Jun 30 2021	n/a	n/a	-SEK 92m
Mar 31 2021	n/a	n/a	-SEK 90m
Dec 31 2020	SEK 1m	SEK 1m	-SEK 85m

Compensation vs Market: Morten's total compensation ($USD749.18K) is above average for companies of similar size in the Swedish market ($USD256.40K).

Compensation vs Earnings: Morten's compensation has increased whilst the company is unprofitable.

CEO

Morten Henneveld (48 yo)

3.8yrs

Tenure

SEK 7,939,000

Compensation

Mr. Morten Henneveld has been Chief Executive Officer at OssDsign AB (publ) since September 1, 2020. Mr. Henneveld serves as a Director at Sime Diagnostics Ltd., since October 2022. He is Senior Vice Presi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Morten Henneveld	Chief Executive Officer	3.8yrs	SEK 7.94m	0.20% SEK 1.9m
Håkan Engqvist	Co-Founder & Director	no data	SEK 150.00	0.23% SEK 2.1m
Anders Svensson	Chief Financial Officer	3.6yrs	no data	0.085% SEK 771.1k
Tom Buckland	Chief Technical Officer	less than a year	no data	no data
Melanie Marshall	Vice President of Clinical & Medical Affairs	2.4yrs	no data	no data
Eric Patermo	Vice President of Sales US	4.4yrs	no data	no data

3.6yrs

Average Tenure

52yo

Average Age

Experienced Management: OSSD's management team is considered experienced (3.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Håkan Engqvist	Co-Founder & Director	8.4yrs	SEK 150.00	0.23% SEK 2.1m
Viktor Drvota	Independent Director	9.4yrs	no data	no data
Newton Aguiar	Independent Director	5.4yrs	SEK 250.00	0.10% SEK 928.5k
Anders Qvarnstrom	Independent Director	5.4yrs	SEK 250.00	0.057% SEK 513.3k
Simon Cartmell	Independent Chairman of the Board	8.2yrs	SEK 350.00	0.13% SEK 1.2m
Jill Schiaparelli	Independent Director	2yrs	SEK 250.00	no data
Christer Fahraeus	Director	no data	no data	no data

5.4yrs

Average Tenure

59.5yo

Average Age

Experienced Board: OSSD's board of directors are considered experienced (5.4 years average tenure).

OssDsign Management

Management criteria checks 2/4

Key information

Recent management updates

OssDsign AB (publ) Approves Election of Christer Fåhraeus as Ordinary Board Member

Increases to OssDsign AB (publ)'s (STO:OSSD) CEO Compensation Might Cool off for now

OssDsign AB (publ.) Appoints Tom Buckland as Chief Technical Officer

OssDsign AB (publ), Annual General Meeting, May 21, 2024

High number of new directors

OssDsign AB (publ) Elects Jill Shiaparelli as Board Member

Recent updates

OssDsign AB (publ) Approves Election of Christer Fåhraeus as Ordinary Board Member

Increases to OssDsign AB (publ)'s (STO:OSSD) CEO Compensation Might Cool off for now

OssDsign AB (publ) to Report Fiscal Year 2023 Final Results on Jun 04, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

OssDsign AB (publ) to Report Fiscal Year 2023 Final Results on May 22, 2024

No longer forecast to breakeven

Getting In Cheap On OssDsign AB (publ) (STO:OSSD) Is Unlikely

OssDsign AB (publ.) Appoints Tom Buckland as Chief Technical Officer

New minor risk - Share price stability

Forecast breakeven date moved forward to 2024

OssDsign AB (publ), Annual General Meeting, May 21, 2024

Consensus EPS estimates fall by 30%, revenue upgraded

Forecast breakeven date moved forward to 2024

OssDsign AB (publ.) Announces 12-Month Data from the Clinical Study Top Fusion

OssDsign AB (publ) to Report Q3, 2024 Results on Nov 05, 2024

OssDsign AB (publ) Reports Exceptional Data from the Clinical Study TOP FUSION

Ossdsign AB (Publ) Provides Revenue Guidance for the Fourth Quarter of 2023

An Unknown buyer acquired 7.6% stake in OssDsign AB (publ) (OM:OSSD).

OssDsign AB (publ) to Report Fiscal Year 2023 Results on Feb 06, 2024

OssDsign AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 150.000003 million.

OssDsign AB (publ) Announces All Activities Pertaining to the Patient-Specific Cranial Implant Business Will Be Discontinued in A Responsible Manner by the End of December 2023

OssDsign Receives FDA Clearance for A New Major Indication

Consensus EPS estimates fall by 15%

Consensus estimates of losses per share improve by 14%

Second quarter 2023 earnings released: kr0.30 loss per share (vs kr0.40 loss in 2Q 2022)

Here's Why We're Not Too Worried About OssDsign's (STO:OSSD) Cash Burn Situation

Forecast breakeven date moved forward to 2024

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

No longer forecast to breakeven

Is OssDsign (STO:OSSD) In A Good Position To Deliver On Growth Plans?

Full year 2022 earnings released: kr1.70 loss per share (vs kr1.94 loss in FY 2021)

OssDsign AB (publ) to Report Fiscal Year 2022 Results on Feb 21, 2023

Forecast to breakeven in 2025

OssDsign AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 65.63568 million.

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

OssDsign AB (publ) Ordinary Shares to Be Deleted from OTC Equity

High number of new directors

Is OssDsign (STO:OSSD) In A Good Position To Deliver On Growth Plans?

OssDsign AB (publ) Elects Jill Shiaparelli as Board Member

Consensus forecasts updated

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased to kr14.00

Insufficient new directors

Consensus revenue estimates fall by 16%

Chief Executive Officer recently bought kr133k worth of stock

Chief Executive Officer recently bought kr133k worth of stock

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Full year 2021 earnings: EPS and revenues exceed analyst expectations

OssDsign AB (publ), Annual General Meeting, Jun 02, 2022

Insufficient new directors

OssDsign AB (publ.) Receives Approval to Establish Clinical Registry in the U.S. to Collect Real-World Data on OssDsign Catalyst

Forecast to breakeven in 2024

OssDesign AB (Publ.) Announces Updated Clinical Data from A Long-Term Follow-Up of the Company's Innovative Product OssDsign Cranial PSI, Which Is Used in the Treatment of Cranial Bone Defects

Chief Executive Officer recently bought kr124k worth of stock

Third quarter 2021 earnings released: kr0.30 loss per share (vs kr1.10 loss in 3Q 2020)

Second quarter 2021 earnings released: kr0.40 loss per share (vs kr1.30 loss in 2Q 2020)

Independent Chairman of the Board recently bought kr150k worth of stock

Consensus EPS estimates increase to -kr3.00

Price target decreased to kr17.33

Chief Executive Officer recently bought kr210k worth of stock

Chief Executive Officer recently bought kr388k worth of stock

Ossdsign AB (Publ) Announces Innovative Synthetic Bone Graft Outperforms a Comparable Device in Bone Formation Following Spinal Fusion Surgery

Chief Financial Officer recently bought kr214k worth of stock

OssDsign AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 240.506091 million.

Chief Financial Officer recently bought kr298k worth of stock

New Scientific Paper Further Confirms Osteointegration of OssDsign Cranial PSI Implants

Consensus forecasts updated