Acast Management
Management criteria checks 2/4
Acast's CEO is Ross Adams, appointed in Jan 2017, has a tenure of 7.33 years. total yearly compensation is SEK26.08M, comprised of 21% salary and 79% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth SEK8.21M. The average tenure of the management team and the board of directors is 2.5 years and 4.2 years respectively.
Key information
Ross Adams
Chief executive officer
kr26.1m
Total compensation
| CEO salary percentage | 21.0% |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.5yrs |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
Acast AB (publ)'s (STO:ACAST) Shares Leap 27% Yet They're Still Not Telling The Full Story
Nov 17
Acast AB (publ) (STO:ACAST) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
May 20Companies Like Acast (STO:ACAST) Are In A Position To Invest In Growth
Jan 10Here's Why We're Not At All Concerned With Acast's (STO:ACAST) Cash Burn Situation
Sep 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | kr26m | kr5m | -kr180m |
| Sep 30 2023 | n/a | n/a | -kr136m |
| Jun 30 2023 | n/a | n/a | -kr229m |
| Mar 31 2023 | n/a | n/a | -kr285m |
| Dec 31 2022 | kr22m | kr5m | -kr286m |
| Sep 30 2022 | n/a | n/a | -kr238m |
| Jun 30 2022 | n/a | n/a | -kr215m |
| Mar 31 2022 | n/a | n/a | -kr324m |
| Dec 31 2021 | kr16m | kr4m | -kr300m |
| Sep 30 2021 | n/a | n/a | -kr303m |
| Jun 30 2021 | n/a | n/a | -kr297m |
| Mar 31 2021 | n/a | n/a | -kr176m |
| Dec 31 2020 | kr7m | kr3m | -kr172m |
| Dec 31 2019 | kr7m | kr2m | -kr129m |
| Dec 31 2018 | kr8m | kr2m | -kr86m |
Compensation vs Market: Ross's total compensation ($USD2.37M) is above average for companies of similar size in the Swedish market ($USD439.67K).
Compensation vs Earnings: Ross's compensation has increased whilst the company is unprofitable.
CEO
Ross Adams (46 yo)
7.3yrs
Tenure
kr26,080,000
Compensation
Mr. Ross Adams serves as Chief Executive Officer at Acast AB (publ) since 2017 and joined it in 2014. Mr. Adams has experience from Spotify and Capital Radio Group from managing roles such as European Sale...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 7.3yrs | kr26.08m | 0.43% SEK 8.2m | |
| CFO & Deputy CEO | 5.3yrs | kr7.73m | 0.042% SEK 817.8k | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel | 6.3yrs | no data | 0.0030% SEK 57.7k | |
| Chief Communications & Brand Officer | 1.3yrs | no data | no data | |
| Chief People Officer | 2.3yrs | no data | 0.00079% SEK 15.2k | |
| Chief Product Officer | 2.6yrs | no data | no data | |
| Senior Vice President of Creator Network | 2.4yrs | no data | no data | |
| Chief Business Officer | 1.3yrs | no data | no data | |
| Product Manager | no data | no data | no data |
2.5yrs
Average Tenure
46yo
Average Age
Experienced Management: ACAST's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2yrs | kr1.22m | 0.0037% SEK 70.4k | |
| Independent Director | 3yrs | kr350.00k | no data | |
| Independent Director | 5.3yrs | kr400.00k | 0.078% SEK 1.5m | |
| Independent Chair of the Board | 2yrs | kr2.45m | 0.16% SEK 3.0m | |
| Independent Director | 5.3yrs | kr375.00k | 0.014% SEK 273.4k | |
| Independent Director | 9.3yrs | kr450.00k | 0.0015% SEK 28.3k |
4.2yrs
Average Tenure
50yo
Average Age
Experienced Board: ACAST's board of directors are considered experienced (4.2 years average tenure).