Byggmax Group Management
Management criteria checks 3/4
Byggmax Group's CEO is Karl Sandlund, appointed in Jul 2023, has a tenure of 1.33 years. total yearly compensation is SEK3.70M, comprised of 70.3% salary and 29.7% bonuses, including company stock and options. directly owns 0.085% of the company’s shares, worth SEK2.22M. The average tenure of the management team and the board of directors is 4.9 years and 5 years respectively.
Key information
Karl Sandlund
Chief executive officer
SEK 3.7m
Total compensation
| CEO salary percentage | 70.3% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.09% |
| Management average tenure | 4.9yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
Byggmax Group's (STO:BMAX) Conservative Accounting Might Explain Soft Earnings
Nov 02
There May Be Some Bright Spots In Byggmax Group's (STO:BMAX) Earnings
Feb 08Subdued Growth No Barrier To Byggmax Group AB (publ) (STO:BMAX) With Shares Advancing 26%
Dec 31Byggmax Group's (STO:BMAX) Returns On Capital Not Reflecting Well On The Business
Nov 16Byggmax Group (STO:BMAX) May Have Issues Allocating Its Capital
Jul 21Return Trends At Byggmax Group (STO:BMAX) Aren't Appealing
Feb 01Return Trends At Byggmax Group (STO:BMAX) Aren't Appealing
Sep 23Byggmax Group's (STO:BMAX) Dividend Will Be Increased To kr4.00
Apr 22Byggmax Group (STO:BMAX) Will Pay A Larger Dividend Than Last Year At kr4.00
Apr 03Byggmax Group (STO:BMAX) Is Increasing Its Dividend To kr4.00
Mar 03Returns on Capital Paint A Bright Future For Byggmax Group (STO:BMAX)
Jan 24At kr85.75, Is It Time To Put Byggmax Group AB (publ) (STO:BMAX) On Your Watch List?
Nov 11Under The Bonnet, Byggmax Group's (STO:BMAX) Returns Look Impressive
Sep 16We Like Byggmax Group's (STO:BMAX) Returns And Here's How They're Trending
Jun 13Is There Now An Opportunity In Byggmax Group AB (publ) (STO:BMAX)?
May 30Is Byggmax Group (STO:BMAX) Using Too Much Debt?
Mar 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | SEK 33m |
| Jun 30 2024 | n/a | n/a | SEK 2m |
| Mar 31 2024 | n/a | n/a | SEK 12m |
| Dec 31 2023 | SEK 4m | SEK 3m | SEK 26m |
Compensation vs Market: Karl's total compensation ($USD335.05K) is about average for companies of similar size in the Swedish market ($USD466.86K).
Compensation vs Earnings: Insufficient data to compare Karl's compensation with company performance.
CEO
Karl Sandlund (47 yo)
1.3yrs
Tenure
SEK 3,700,000
Compensation
Mr. Karl Sandlund has been President and Chief Executive Officer at Byggmax Group AB (publ) since July 1, 2023. He served as Chief Operating Officer of AcadeMedia AB (publ) since August 15, 2022 until Octo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 1.3yrs | SEK 3.70m | 0.085% SEK 2.2m | |
| Chief Financial Officer | 4.9yrs | no data | 0.015% SEK 399.0k | |
| Head of Marketing | no data | no data | no data | |
| Chief Commercial Officer | 11.8yrs | no data | 0.28% SEK 7.3m | |
| President & CEO of Skånska Byggvaror Division | 7.1yrs | no data | 0.095% SEK 2.5m | |
| CEO of Right Price Tiles | 1.8yrs | no data | no data |
4.9yrs
Average Tenure
50yo
Average Age
Experienced Management: BMAX's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 18.8yrs | SEK 1.00m | 1.01% SEK 26.2m | |
| Independent Director | 5.5yrs | SEK 500.00k | 0.019% SEK 487.7k | |
| Independent Director | 4.5yrs | SEK 400.00k | 0.068% SEK 1.8m | |
| Independent Director | 9.5yrs | SEK 400.00k | 0.015% SEK 399.0k | |
| Independent Director | 3.5yrs | SEK 400.00k | 0.017% SEK 443.5k | |
| Independent Director | 3.5yrs | SEK 400.00k | no data |
5.0yrs
Average Tenure
56.5yo
Average Age
Experienced Board: BMAX's board of directors are considered experienced (5 years average tenure).