24SevenOffice Group Management
Management criteria checks 1/4
We currently do not have sufficient information about the CEO.
Key information
Eirik Stranden
Chief executive officer
SEK 2.5m
Total compensation
| CEO salary percentage | 93.9% |
| CEO tenure | 3yrs |
| CEO ownership | n/a |
| Management average tenure | 1.8yrs |
| Board average tenure | 1.7yrs |
Recent management updates
Recent updates
24SevenOffice Group AB (publ)'s (STO:247) P/S Is Still On The Mark Following 27% Share Price Bounce
Oct 24
We Think 24SevenOffice Group (STO:247) Has A Fair Chunk Of Debt
Aug 21Revenues Tell The Story For 24SevenOffice Group AB (publ) (STO:247) As Its Stock Soars 26%
Jul 18A Look At The Intrinsic Value Of 24SevenOffice Group AB (publ) (NGM:247)
Jul 02Shareholders Will Probably Hold Off On Increasing 24SevenOffice Group AB (publ)'s (NGM:247) CEO Compensation For The Time Being
May 0924SevenOffice Group AB (publ) (NGM:247) Stocks Shoot Up 28% But Its P/S Still Looks Reasonable
May 04Is 24SevenOffice Group (NGM:247) A Risky Investment?
Apr 3024SevenOffice Group AB (publ)'s (NGM:247) P/S Is On The Mark
Feb 15We Think 24SevenOffice Group (NGM:247) Has A Fair Chunk Of Debt
Aug 05Lacklustre Performance Is Driving 24SevenOffice Group AB (publ)'s (NGM:247) 28% Price Drop
Jun 14Does 24SevenOffice Group (NGM:247) Have A Healthy Balance Sheet?
Mar 16Is 24SevenOffice Group (NGM:247) Weighed On By Its Debt Load?
Jun 16Is 24SevenOffice Group (NGM:247) Using Debt In A Risky Way?
Jan 24The Returns On Capital At 24SevenOffice Group (NGM:247) Don't Inspire Confidence
Jul 07Is 24SevenOffice Scandinavia (NGM:247) Using Too Much Debt?
May 16Need To Know: One Analyst Is Much More Bullish On 24SevenOffice Scandinavia AB (publ) (NGM:247) Revenues
Feb 28Is 24SevenOffice Scandinavia AB (publ) (NGM:247) Potentially Undervalued?
Jan 29
Is 24SevenOffice Scandinavia (NGM:247) Using Too Much Debt?
Jan 03Estimating The Fair Value Of 24SevenOffice Scandinavia AB (publ) (NGM:247)
Nov 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -SEK 74m |
| Jun 30 2024 | n/a | n/a | -SEK 83m |
| Mar 31 2024 | n/a | n/a | -SEK 115m |
| Dec 31 2023 | SEK 3m | SEK 2m | -SEK 163m |
| Sep 30 2023 | n/a | n/a | -SEK 166m |
| Jun 30 2023 | n/a | n/a | -SEK 199m |
| Mar 31 2023 | n/a | n/a | -SEK 223m |
| Dec 31 2022 | SEK 2m | SEK 2m | -SEK 208m |
| Sep 30 2022 | n/a | n/a | -SEK 161m |
| Jun 30 2022 | n/a | n/a | -SEK 122m |
| Mar 31 2022 | n/a | n/a | -SEK 103m |
| Dec 31 2021 | SEK 627k | SEK 601k | -SEK 74m |
Compensation vs Market: Eirik's total compensation ($USD232.11K) is about average for companies of similar size in the Swedish market ($USD236.96K).
Compensation vs Earnings: Eirik's compensation has increased whilst the company is unprofitable.
CEO
Eirik Stranden (33 yo)
3yrs
Tenure
SEK 2,535,000
Compensation
Mr. Eirik Aalvik Stranden is Chief Executive Officer of 24SevenOffice Group AB (publ) from November 11, 2021. He was a management consultant from Boston Consulting Group and EY. He continued his profession...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & Advisor | less than a year | no data | 2.23% SEK 35.4m | |
| Chief Executive Officer | 3yrs | SEK 2.54m | no data | |
| Chief Financial Officer | no data | no data | 1.26% SEK 20.1m | |
| COO & CCO | no data | no data | no data | |
| Chief Marketing Officer | 1.8yrs | no data | no data | |
| Chief Sales Officer | 1.8yrs | no data | no data | |
| Director People & Talent | no data | no data | no data | |
| Head of Sustainability & Director | less than a year | no data | no data |
1.8yrs
Average Tenure
45yo
Average Age
Experienced Management: 247's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & Advisor | less than a year | no data | 2.23% SEK 35.4m | |
| Head of Sustainability & Director | less than a year | no data | no data | |
| Director | 2.5yrs | SEK 65.00k | no data | |
| Director | 2.5yrs | SEK 65.00k | no data |
1.7yrs
Average Tenure
45yo
Average Age
Experienced Board: 247's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.