Ascelia Pharma Management
Management criteria checks 2/4
Ascelia Pharma's CEO is Magnus Corfitzen, appointed in Jan 2014, has a tenure of 11.92 years. total yearly compensation is SEK5.10M, comprised of 43.7% salary and 56.3% bonuses, including company stock and options. directly owns 0.64% of the company’s shares, worth SEK2.40M. The average tenure of the management team and the board of directors is 5.9 years and 8.9 years respectively.
Key information
Magnus Corfitzen
Chief executive officer
SEK 5.1m
Total compensation
| CEO salary percentage | 43.66% |
| CEO tenure | 11.9yrs |
| CEO ownership | 0.6% |
| Management average tenure | 5.9yrs |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | -SEK 89m |
| Jun 30 2025 | n/a | n/a | -SEK 95m |
| Mar 31 2025 | n/a | n/a | -SEK 85m |
| Dec 31 2024 | SEK 5m | SEK 2m | -SEK 80m |
| Sep 30 2024 | n/a | n/a | -SEK 62m |
| Jun 30 2024 | n/a | n/a | -SEK 62m |
| Mar 31 2024 | n/a | n/a | -SEK 89m |
| Dec 31 2023 | SEK 4m | SEK 2m | -SEK 109m |
| Sep 30 2023 | n/a | n/a | -SEK 152m |
| Jun 30 2023 | n/a | n/a | -SEK 157m |
| Mar 31 2023 | n/a | n/a | -SEK 139m |
| Dec 31 2022 | SEK 5m | SEK 2m | -SEK 131m |
| Sep 30 2022 | n/a | n/a | -SEK 113m |
| Jun 30 2022 | n/a | n/a | -SEK 115m |
| Mar 31 2022 | n/a | n/a | -SEK 126m |
| Dec 31 2021 | SEK 15m | SEK 2m | -SEK 126m |
| Sep 30 2021 | n/a | n/a | -SEK 127m |
| Jun 30 2021 | n/a | n/a | -SEK 113m |
| Mar 31 2021 | n/a | n/a | -SEK 111m |
| Dec 31 2020 | SEK 5m | SEK 2m | -SEK 99m |
| Sep 30 2020 | n/a | n/a | -SEK 90m |
| Jun 30 2020 | n/a | n/a | -SEK 88m |
| Mar 31 2020 | n/a | n/a | -SEK 71m |
| Dec 31 2019 | SEK 3m | SEK 992k | -SEK 66m |
Compensation vs Market: Magnus's total compensation ($USD545.93K) is above average for companies of similar size in the Swedish market ($USD302.53K).
Compensation vs Earnings: Magnus's compensation has increased whilst the company is unprofitable.
CEO
Magnus Corfitzen (50 yo)
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 | 11.9yrs | SEK 5.10m | 0.64% SEK 2.4m | |
| Chief Operating Officer | less than a year | no data | 0.074% SEK 280.5k | |
| Chief Scientific Officer | 3.2yrs | no data | 0.11% SEK 406.5k | |
| Head of IR & Communications | 7.9yrs | no data | no data | |
| Deputy CEO & Chief Commercial Officer | 5.9yrs | no data | 0.28% SEK 1.1m |
Experienced Management: ACE's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board of Directors | 8.9yrs | SEK 550.00k | 0.20% SEK 744.6k | |
| Independent Director | 8.9yrs | SEK 263.00k | 0.016% SEK 59.6k | |
| Independent Director | 5.6yrs | SEK 273.00k | no data | |
| Independent Director | 8.9yrs | SEK 363.00k | 0.070% SEK 265.8k | |
| Independent Director | 1.2yrs | SEK 48.00k | no data |
Experienced Board: ACE's board of directors are considered experienced (8.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/10 19:05 |
| End of Day Share Price | 2025/12/10 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Ascelia Pharma AB (publ) is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier Sponsored |
| Lars Hevreng | Danske Bank |
| Maria Karlsson Osipova | DNB Carnegie Commissioned Research |