Promimic Management

Management criteria checks 2/4

Promimic's CEO is Magnus Larsson, appointed in Jan 2017, has a tenure of 7.83 years. directly owns 0.64% of the company’s shares, worth SEK3.12M. The average tenure of the management team and the board of directors is 5.8 years and 3.8 years respectively.

Key information

Magnus Larsson

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure7.8yrs
CEO ownership0.6%
Management average tenure5.8yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

We're Not Very Worried About Promimic's (STO:PRO) Cash Burn Rate

Oct 24
We're Not Very Worried About Promimic's (STO:PRO) Cash Burn Rate

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

Oct 31
Here's Why We're Not Too Worried About Promimic's (STO:PRO) Cash Burn Situation

We're Hopeful That Promimic (STO:PRO) Will Use Its Cash Wisely

Apr 27
We're Hopeful That Promimic (STO:PRO) Will Use Its Cash Wisely

CEO Compensation Analysis

How has Magnus Larsson's remuneration changed compared to Promimic's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-SEK 11m

Jun 30 2024n/an/a

-SEK 10m

Mar 31 2024n/an/a

-SEK 9m

Dec 31 2023n/an/a

-SEK 9m

Sep 30 2023n/an/a

-SEK 9m

Jun 30 2023n/an/a

-SEK 11m

Mar 31 2023n/an/a

-SEK 14m

Dec 31 2022n/an/a

-SEK 16m

Sep 30 2022n/an/a

-SEK 17m

Dec 31 2021SEK 2mSEK 2m

-SEK 15m

Compensation vs Market: Insufficient data to establish whether Magnus's total compensation is reasonable compared to companies of similar size in the Swedish market.

Compensation vs Earnings: Insufficient data to compare Magnus's compensation with company performance.


CEO

Magnus Larsson (61 yo)

7.8yrs

Tenure

SEK 1,925,244

Compensation

Mr. Magnus Larsson has been the Chief Executive Officer at Promimic AB (publ) since January 2017. Mr. Larsson served as Director of Global Market Development at Dentsply Sirona Implants, Mölndal, Sweden. M...


Leadership Team

NamePositionTenureCompensationOwnership
Magnus Larsson
Chief Executive Officer7.8yrsSEK 1.93m0.64%
SEK 3.1m
Ulf Brogren
Chief Commercial Officer5.8yrsSEK 1.18m0.078%
SEK 381.0k
Heidi Bader
Chief Financial Officer1.1yrsno data0.018%
SEK 87.9k
Per Kjellin
Chief Technology Officer18.8yrsno data1.99%
SEK 9.7m
Christopher Whitfield
President of Promimic Inc3.8yrsno data0.074%
SEK 358.4k

5.8yrs

Average Tenure

52yo

Average Age

Experienced Management: PRO's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tommy Karlsson
Independent Chairman of the Board6.8yrsSEK 350.00k0.46%
SEK 2.2m
Hakan Krook
Independent Director7.8yrsno datano data
Helena Brisby
Independent Director3.8yrsSEK 150.00k0.010%
SEK 48.9k
Johan Dighed
Director3.8yrsno datano data
Johan Holmstrom
Independent Directorless than a yearno datano data
Pehr Abrahamsson
Independent Director3.8yrsSEK 150.00k0.010%
SEK 48.9k

3.8yrs

Average Tenure

57.5yo

Average Age

Experienced Board: PRO's board of directors are considered experienced (3.8 years average tenure).