Modern Times Group MTG Management
Management criteria checks 1/4
Modern Times Group MTG's CEO is Maria Redin, appointed in Sep 2020, has a tenure of 3.67 years. total yearly compensation is SEK20.99M, comprised of 34% salary and 66% bonuses, including company stock and options. directly owns 0.069% of the company’s shares, worth SEK7.91M. The average tenure of the management team and the board of directors is 1.8 years and 3.5 years respectively.
Key information
Maria Redin
Chief executive officer
kr21.0m
Total compensation
| CEO salary percentage | 34.0% |
| CEO tenure | 3.7yrs |
| CEO ownership | 0.07% |
| Management average tenure | 1.8yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | kr109m |
| Dec 31 2023 | n/a | n/a | kr164m |
| Sep 30 2023 | n/a | n/a | kr6m |
| Jun 30 2023 | n/a | n/a | kr278m |
| Mar 31 2023 | n/a | n/a | kr491m |
| Dec 31 2022 | kr21m | kr7m | kr356m |
| Sep 30 2022 | n/a | n/a | kr382m |
| Jun 30 2022 | n/a | n/a | -kr2m |
| Mar 31 2022 | n/a | n/a | -kr289m |
| Dec 31 2021 | kr13m | kr6m | -kr193m |
| Sep 30 2021 | n/a | n/a | kr116m |
| Jun 30 2021 | n/a | n/a | kr49m |
| Mar 31 2021 | n/a | n/a | -kr83m |
| Dec 31 2020 | kr4m | kr2m | -kr228m |
Compensation vs Market: Maria's total compensation ($USD1.94M) is above average for companies of similar size in the Swedish market ($USD801.06K).
Compensation vs Earnings: Maria's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Maria Redin (45 yo)
3.7yrs
Tenure
kr20,986,000
Compensation
Ms. Maria Redin serves as Director of Hemnet Group AB (publ) since April 29, 2022. She has been Group President and Chief Executive Officer at Modern Times Group MTG AB (publ) since September 03, 2020. She...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group President & CEO | 3.7yrs | kr20.99m | 0.069% SEK 7.9m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Group General Counsel | less than a year | no data | no data | |
| Chief Marketing Officer | 2.1yrs | no data | no data | |
| Director of People & Culture | 1.3yrs | no data | no data | |
| Chief Technology Officer of Viasat Broadcasting | 11.5yrs | no data | no data | |
| Executive Vice President of Gaming | 5.3yrs | no data | 0.023% SEK 2.6m | |
| Head of Public Relations | no data | no data | no data | |
| Co-Founder & CCO of Ninja Kiwi | 1.5yrs | no data | no data | |
| Chief Product Officer | less than a year | no data | no data | |
| President & CEO of NENT Group | 6.2yrs | no data | 0% SEK 0 | |
| CEO & Founder of InnoGames | no data | no data | no data |
1.8yrs
Average Tenure
54yo
Average Age
Experienced Management: MTG A's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Director | less than a year | no data | 0.00066% SEK 75.4k | |
| Independent Non-Executive Chairman | 16yrs | kr1.80m | 0.013% SEK 1.5m | |
| Independent Non-Executive Director | 6yrs | kr840.00k | 0.0062% SEK 713.1k | |
| Non-Executive Director | 1.9yrs | kr830.00k | no data | |
| Independent Non-Executive Director | 7yrs | kr770.00k | 0.0011% SEK 125.7k | |
| Non-Executive Director | less than a year | kr770.00k | no data | |
| Independent Non-Executive Director | 3yrs | kr830.00k | no data | |
| Independent Non-Executive Director | 4yrs | kr830.00k | 0.0021% SEK 234.3k |
3.5yrs
Average Tenure
58yo
Average Age
Experienced Board: MTG A's board of directors are considered experienced (3.5 years average tenure).