Synsam Management

Management criteria checks 3/4

Synsam's CEO is Hakan Lundstedt, appointed in Jan 2015, has a tenure of 9.33 years. total yearly compensation is SEK16.40M, comprised of 50.6% salary and 49.4% bonuses, including company stock and options. directly owns 1.11% of the company’s shares, worth SEK83.87M. The average tenure of the management team and the board of directors is 4.3 years and 5.3 years respectively.

Key information

Hakan Lundstedt

Chief executive officer

kr16.4m

Total compensation

CEO salary percentage	50.6%
CEO tenure	9.3yrs
CEO ownership	1.1%
Management average tenure	4.3yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

Synsam (STO:SYNSAM) Has Announced That It Will Be Increasing Its Dividend To SEK1.80

Apr 25

Synsam AB (publ) (STO:SYNSAM) First-Quarter Results: Here's What Analysts Are Forecasting For This Year

May 14

Shareholders Can Be Confident That Synsam's (STO:SYNSAM) Earnings Are High Quality

Mar 02

CEO Compensation Analysis

How has Hakan Lundstedt's remuneration changed compared to Synsam's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	kr16m	kr8m	kr311m
Sep 30 2023	n/a	n/a	kr300m
Jun 30 2023	n/a	n/a	kr291m
Mar 31 2023	n/a	n/a	kr248m
Dec 31 2022	kr19m	kr8m	kr328m
Sep 30 2022	n/a	n/a	kr325m
Jun 30 2022	n/a	n/a	kr245m
Mar 31 2022	n/a	n/a	kr162m
Dec 31 2021	kr19m	kr8m	kr51m
Sep 30 2021	n/a	n/a	-kr31m
Jun 30 2021	n/a	n/a	-kr56m
Mar 31 2021	n/a	n/a	-kr138m
Dec 31 2020	kr16m	kr7m	-kr195m

Compensation vs Market: Hakan's total compensation ($USD1.52M) is above average for companies of similar size in the Swedish market ($USD801.06K).

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

CEO

Hakan Lundstedt (57 yo)

9.3yrs

Tenure

kr16,400,000

Compensation

Mr. Håkan Lundstedt is Chairman of the Board at XXL ASA since 2023. He serves as Chief Executive Officer, Managing Director and President at Synsam Group Sweden AB since May 2015. He has been President at...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hakan Lundstedt	President	9.3yrs	kr16.40m	1.11% SEK 83.9m
Per Hedblom	Chief Financial Officer	7.3yrs	no data	0.026% SEK 1.9m
Krister Duwe	COO & MD of Synsam Sweden	no data	no data	0.30% SEK 22.8m
Jenny Fridh	Chief Communications & Sustainability Officer	5.3yrs	no data	0.0032% SEK 239.1k
Susanne Westford	Chief Marketing	1.3yrs	no data	0.10% SEK 7.8m
Tina Gaardsholt	Managing Director of Synsam Denmark	no data	no data	0.031% SEK 2.4m
Jimmy Engstrom	Chief Commercial Officer	no data	no data	0.086% SEK 6.5m
Ingrid Holm	Managing Director Norway	no data	no data	0.021% SEK 1.6m
Vesa Mars	Managing Director of Synsam Finland	no data	no data	0.15% SEK 11.6m
Olav Torgersen	Chief Optical Officer	no data	no data	0.0084% SEK 634.9k
Ida Geiler	CEO of Synsam Group's Production & Innovation Center in Östersund	2.3yrs	no data	no data
Hanna Ekstrand	Managing Director of Synsam Outlet	3.3yrs	no data	0.053% SEK 4.0m

4.3yrs

Average Tenure

51yo

Average Age

Experienced Management: SYNSAM's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hakan Lundstedt	President	5.3yrs	kr16.40m	1.11% SEK 83.9m
Anna Omstedt	Independent Director	1.1yrs	kr200.00k	no data
Peter Georg Törnquist	Independent Chairman of the Board	5.3yrs	kr900.00k	0.038% SEK 2.9m
Kenneth Bengtsson	Independent Director	5.3yrs	kr400.00k	no data
Gustaf Martin-Löf	Independent Director	5.3yrs	no data	0% SEK 0
Christoffer Sjøqvist	Independent Director	5.3yrs	no data	0% SEK 0
Terje List	Independent Director	5.3yrs	kr400.00k	0.063% SEK 4.8m
Ann Hellenius	Independent Director	5.3yrs	kr300.00k	no data
Petra Axdorff	Director	less than a year	no data	no data

5.3yrs

Average Tenure

55yo

Average Age

Experienced Board: SYNSAM's board of directors are considered experienced (5.3 years average tenure).

Synsam Management

Management criteria checks 3/4

Key information

Recent management updates

COO & MD of Synsam Sweden recently bought kr479k worth of stock

Synsam AB (publ), Annual General Meeting, Apr 26, 2024

Synsam AB (publ) Appoints Nomination Committee

COO & MD of Synsam Sweden recently bought kr198k worth of stock

President recently bought kr184k worth of stock

President recently bought kr269k worth of stock

Recent updates

Synsam AB (Publ) Approves Dividend for the Year 2023, Payable on 6 May 2024

Synsam (STO:SYNSAM) Has Announced That It Will Be Increasing Its Dividend To SEK1.80

Upcoming dividend of kr1.80 per share

Is Synsam (STO:SYNSAM) A Risky Investment?

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

COO & MD of Synsam Sweden recently bought kr479k worth of stock

Synsam (STO:SYNSAM) Will Pay A Larger Dividend Than Last Year At SEK1.80

An undisclosed buyer acquired a 14% stake in Synsam AB (publ) (OM:SYNSAM) from CVC Capital Partners Limited for SEK 1 billion

Price target increased by 7.6% to kr60.50

Investor sentiment improves as stock rises 13%

Consensus EPS estimates increase by 13%, revenue downgraded

Dividend increased to kr1.80

Getting In Cheap On Synsam AB (publ) (STO:SYNSAM) Might Be Difficult

Price target increased by 7.3% to kr58.50

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Synsam AB (publ) Proposes Dividend

Investors Will Want Synsam's (STO:SYNSAM) Growth In ROCE To Persist

Third quarter 2023 earnings: EPS exceeds analyst expectations

Synsam AB (publ), Annual General Meeting, Apr 26, 2024

Synsam AB (publ) Appoints Nomination Committee

COO & MD of Synsam Sweden recently bought kr198k worth of stock

Second quarter 2023 earnings: EPS exceeds analyst expectations

Synsam AB (publ) to Report First Half, 2024 Results on Aug 23, 2024

Consensus EPS estimates increase by 21%

Consensus EPS estimates increase by 11%

First quarter 2023 earnings released: EPS: kr0.13 (vs kr0.66 in 1Q 2022)

Synsam AB (Publ) Provides Dividend Guidance for the Year 2023

Upcoming dividend of kr1.70 per share at 3.9% yield

Synsam (STO:SYNSAM) Will Pay A Dividend Of SEK1.70

Full year 2022 earnings: EPS exceeds analyst expectations

Synsam (STO:SYNSAM) Has Affirmed Its Dividend Of SEK1.70

President recently bought kr184k worth of stock

Consensus EPS estimates increase by 22%

Synsam's (STO:SYNSAM) Dividend Will Be SEK1.70

President recently bought kr269k worth of stock

Consensus EPS estimates fall by 29%

Consensus EPS estimates fall by 11%

Synsam Group Aims to Pay Dividends for the Year 2023

Independent Chairman of the Board recently bought kr650k worth of stock

Synsam (STO:SYNSAM) Might Have The Makings Of A Multi-Bagger

Consensus forecasts updated

Third quarter 2022 earnings: EPS misses analyst expectations

Insufficient new directors

Synsam AB (publ) Establishes Nomination Committee

Consensus forecasts updated

Synsam AB Provides Dividend Guidance for 2022

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

COO & MD of Synsam Sweden recently bought kr65k worth of stock

Insufficient new directors

Synsam AB (publ) (STO:SYNSAM) First-Quarter Results: Here's What Analysts Are Forecasting For This Year

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Synsam AB (Publ) Resolves to Pay Dividend, Payable on 3 May 2022

Insufficient new directors

Independent Chairman of the Board recently bought kr496k worth of stock

Chief Marketing Officer recently bought kr894k worth of stock

Shareholders Can Be Confident That Synsam's (STO:SYNSAM) Earnings Are High Quality

Full year 2021 earnings: EPS exceeds analyst expectations

Synsam AB (Publ) Proposes Dividend for the Year 2021

Synsam AB (publ) Announces Formation of the Nomination Committee

Forecast breakeven date pushed back to 2022

Chief Marketing Officer recently bought kr2.9m worth of stock

High number of new and inexperienced directors

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age