Ascelia Pharma Management
Management criteria checks 3/4
Ascelia Pharma's CEO is Magnus Corfitzen, appointed in Jan 2014, has a tenure of 10.33 years. total yearly compensation is SEK4.27M, comprised of 49% salary and 51% bonuses, including company stock and options. directly owns 0.98% of the company’s shares, worth SEK3.40M. The average tenure of the management team and the board of directors is 5.3 years and 7.3 years respectively.
Key information
Magnus Corfitzen
Chief executive officer
kr4.3m
Total compensation
CEO salary percentage | 49.0% |
CEO tenure | 10.3yrs |
CEO ownership | 1.0% |
Management average tenure | 5.3yrs |
Board average tenure | 7.3yrs |
Recent management updates
Recent updates
Is Ascelia Pharma (STO:ACE) In A Good Position To Invest In Growth?
May 11Ascelia Pharma (STO:ACE) Is In A Good Position To Deliver On Growth Plans
Aug 05We Think Ascelia Pharma (STO:ACE) Can Afford To Drive Business Growth
Jan 24We Think Ascelia Pharma (STO:ACE) Can Afford To Drive Business Growth
Aug 23Companies Like Ascelia Pharma (STO:ACE) Are In A Position To Invest In Growth
May 19Here's What Ascelia Pharma AB (publ)'s (STO:ACE) Shareholder Ownership Structure Looks Like
Mar 07Helena Wennerström Is The Independent Director of Ascelia Pharma AB (publ) (STO:ACE) And They Just Picked Up 125% More Shares
Dec 09We Think Ascelia Pharma (STO:ACE) Can Afford To Drive Business Growth
Nov 26CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | kr4m | kr2m | -kr109m |
Sep 30 2023 | n/a | n/a | -kr152m |
Jun 30 2023 | n/a | n/a | -kr157m |
Mar 31 2023 | n/a | n/a | -kr139m |
Dec 31 2022 | kr5m | kr2m | -kr131m |
Sep 30 2022 | n/a | n/a | -kr113m |
Jun 30 2022 | n/a | n/a | -kr115m |
Mar 31 2022 | n/a | n/a | -kr126m |
Dec 31 2021 | kr15m | kr2m | -kr126m |
Sep 30 2021 | n/a | n/a | -kr127m |
Jun 30 2021 | n/a | n/a | -kr113m |
Mar 31 2021 | n/a | n/a | -kr111m |
Dec 31 2020 | kr5m | kr2m | -kr99m |
Sep 30 2020 | n/a | n/a | -kr90m |
Jun 30 2020 | n/a | n/a | -kr88m |
Mar 31 2020 | n/a | n/a | -kr71m |
Dec 31 2019 | kr3m | kr992k | -kr66m |
Sep 30 2019 | n/a | n/a | -kr46m |
Jun 30 2019 | n/a | n/a | -kr37m |
Mar 31 2019 | n/a | n/a | -kr30m |
Dec 31 2018 | n/a | n/a | -kr23m |
Sep 30 2018 | n/a | n/a | -kr22m |
Jun 30 2018 | kr4m | kr1m | -kr24m |
Compensation vs Market: Magnus's total compensation ($USD393.54K) is above average for companies of similar size in the Swedish market ($USD253.75K).
Compensation vs Earnings: Magnus's compensation has been consistent with company performance over the past year.
CEO
Magnus Corfitzen (48 yo)
10.3yrs
Tenure
kr4,265,000
Compensation
Mr. Magnus O. Corfitzen serves as the Chief Executive Officer at Ascelia Pharma AB since 2014. He serves as a Director of NsGene A/S. He serves as a Director of DentoFit A/S.Mr. Corfitzen serves on the bo...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | 10.3yrs | kr4.27m | 0.98% SEK 3.4m | |
Chief Scientific Officer | 1.6yrs | no data | 0.048% SEK 167.3k | |
Head of IR & Communications | 6.3yrs | no data | no data | |
Deputy CEO & Chief Commercial Officer | 4.3yrs | no data | 0.30% SEK 1.0m | |
VP of Pharmaceutical Development | no data | no data | 1.2% SEK 4.2m |
5.3yrs
Average Tenure
51yo
Average Age
Experienced Management: ACE's management team is seasoned and experienced (5.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Chairman of the Board of Directors | 7.3yrs | kr571.00k | 0.32% SEK 1.1m | |
Independent Director | 24.3yrs | kr320.00k | 3.71% SEK 12.9m | |
Independent Director | 7.3yrs | kr283.00k | 0.059% SEK 205.6k | |
Independent Director | 4yrs | kr356.00k | no data | |
Independent Director | 7.3yrs | kr363.00k | 0.089% SEK 308.4k |
7.3yrs
Average Tenure
68yo
Average Age
Experienced Board: ACE's board of directors are considered experienced (7.3 years average tenure).