Eastnine Management

Management criteria checks 4/4

Eastnine's CEO is Kestutis Sasnauskas, appointed in Jul 2017, has a tenure of 7.33 years. total yearly compensation is €546.00K, comprised of 43.2% salary and 56.8% bonuses, including company stock and options. directly owns 4.52% of the company’s shares, worth SEK170.74M. The average tenure of the management team and the board of directors is 6.4 years and 4.5 years respectively.

Key information

Kestutis Sasnauskas

Chief executive officer

€546.0k

Total compensation

CEO salary percentage43.2%
CEO tenure7.3yrs
CEO ownership4.5%
Management average tenure6.4yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

There May Be Underlying Issues With The Quality Of Eastnine's (STO:EAST) Earnings

Nov 02
There May Be Underlying Issues With The Quality Of Eastnine's (STO:EAST) Earnings

Eastnine (STO:EAST) Has Announced A Dividend Of €1.16

May 14
Eastnine (STO:EAST) Has Announced A Dividend Of €1.16

Eastnine (STO:EAST) Has Announced A Dividend Of €0.85

Dec 13
Eastnine (STO:EAST) Has Announced A Dividend Of €0.85

Eastnine (STO:EAST) Is Increasing Its Dividend To €0.85

Nov 15
Eastnine (STO:EAST) Is Increasing Its Dividend To €0.85

Eastnine's (STO:EAST) Shareholders Will Receive A Bigger Dividend Than Last Year

Oct 31
Eastnine's (STO:EAST) Shareholders Will Receive A Bigger Dividend Than Last Year

Eastnine (STO:EAST) Has Announced That It Will Be Increasing Its Dividend To €0.85

Sep 30
Eastnine (STO:EAST) Has Announced That It Will Be Increasing Its Dividend To €0.85

Eastnine (STO:EAST) Is Paying Out A Larger Dividend Than Last Year

Aug 23
Eastnine (STO:EAST) Is Paying Out A Larger Dividend Than Last Year

Eastnine (STO:EAST) Is Paying Out A Larger Dividend Than Last Year

Aug 09
Eastnine (STO:EAST) Is Paying Out A Larger Dividend Than Last Year

Eastnine (STO:EAST) Is Increasing Its Dividend To €0.85

Jul 24
Eastnine (STO:EAST) Is Increasing Its Dividend To €0.85

Eastnine's (STO:EAST) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 08
Eastnine's (STO:EAST) Shareholders Will Receive A Bigger Dividend Than Last Year

CEO Compensation Analysis

How has Kestutis Sasnauskas's remuneration changed compared to Eastnine's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€6m

Jun 30 2024n/an/a

-€20m

Mar 31 2024n/an/a

-€55m

Dec 31 2023€546k€236k

-€72m

Sep 30 2023n/an/a

-€72m

Jun 30 2023n/an/a

€19m

Mar 31 2023n/an/a

€130m

Dec 31 2022€504k€247k

€109m

Sep 30 2022n/an/a

€156m

Jun 30 2022n/an/a

€104m

Mar 31 2022n/an/a

€33m

Dec 31 2021€515k€246k

€72m

Sep 30 2021n/an/a

€63m

Jun 30 2021n/an/a

€60m

Mar 31 2021n/an/a

€64m

Dec 31 2020€475k€238k

€36m

Sep 30 2020n/an/a

€18m

Jun 30 2020n/an/a

€12m

Mar 31 2020n/an/a

€8m

Dec 31 2019€431k€225k

€35m

Sep 30 2019n/an/a

€27m

Jun 30 2019n/an/a

€25m

Mar 31 2019n/an/a

€20m

Dec 31 2018€390k€233k

€16m

Sep 30 2018n/an/a

€21m

Jun 30 2018n/an/a

€21m

Mar 31 2018n/an/a

€15m

Dec 31 2017€398k€260k

€17m

Compensation vs Market: Kestutis's total compensation ($USD572.03K) is about average for companies of similar size in the Swedish market ($USD587.15K).

Compensation vs Earnings: Kestutis's compensation has been consistent with company performance over the past year.


CEO

Kestutis Sasnauskas (51 yo)

7.3yrs

Tenure

€546,000

Compensation

Mr. Kestutis Sasnauskas has been Chief Executive Officer of Eastnine AB (publ) since July 3, 2017. Mr. Sasnauskas was a Co-Founder and Partner at East Capital Private Equity AB and has been its Chief Inves...


Leadership Team

NamePositionTenureCompensationOwnership
Kestutis Sasnauskas
Chief Executive Officer7.3yrs€546.00k4.52%
SEK 170.7m
Britt-Marie Nyman
CFO & Deputy CEO5.5yrs€292.00k0.12%
SEK 4.6m
Emil Holmström
Head of Investmentsno datano datano data
Gerry Sommensjö
Head of Accounting5.8yrsno datano data
Lilia Kouzmina
Head of Sustainability6yrsno datano data
Farzad Bahador
Head of Group Controlling10.8yrsno datano data
Eric Strandberg Stadler
Structuring & Treasury Manager6.8yrsno datano data

6.4yrs

Average Tenure

51yo

Average Age

Experienced Management: EAST's management team is seasoned and experienced (6.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Liselotte Hjorth
Independent Chairman10.3yrs€70.00k0.063%
SEK 2.4m
Christian Hermelin
Independent Director4.5yrs€35.00k0.085%
SEK 3.2m
Hanna-Leena Loikkanen
Independent Non-Executive Director1.5yrs€23.00kno data
Ylva Westman
Independent Director4.5yrs€35.00k0.012%
SEK 448.2k
Peter Hakansson
Independent Directorno datano datano data
Louise Richnau
Independent Directorless than a yearno datano data

4.5yrs

Average Tenure

59yo

Average Age

Experienced Board: EAST's board of directors are considered experienced (4.5 years average tenure).