CombinedX Management
Management criteria checks 4/4
CombinedX's CEO is Joergen Qwist, appointed in Jan 2020, has a tenure of 4.33 years. total yearly compensation is SEK3.30M, comprised of 72.7% salary and 27.3% bonuses, including company stock and options. directly owns 2.46% of the company’s shares, worth SEK22.17M. The average tenure of the management team and the board of directors is 2.3 years and 3.3 years respectively.
Key information
Joergen Qwist
Chief executive officer
kr3.3m
Total compensation
| CEO salary percentage | 72.7% |
| CEO tenure | 4.3yrs |
| CEO ownership | 2.5% |
| Management average tenure | 2.3yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CombinedX's (STO:CX) Solid Profits Have Weak Fundamentals
Apr 23
CombinedX AB (publ) (STO:CX) Shares Fly 28% But Investors Aren't Buying For Growth
Feb 27News Flash: One Analyst Just Made A Captivating Upgrade To Their CombinedX AB (publ) (STO:CX) Forecasts
Feb 24There Are Reasons To Feel Uneasy About CombinedX's (STO:CX) Returns On Capital
Feb 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | kr71m |
| Sep 30 2023 | n/a | n/a | kr62m |
| Jun 30 2023 | n/a | n/a | kr50m |
| Mar 31 2023 | n/a | n/a | kr41m |
| Dec 31 2022 | kr3m | kr2m | kr35m |
| Sep 30 2022 | n/a | n/a | kr36m |
| Jun 30 2022 | n/a | n/a | kr39m |
| Mar 31 2022 | n/a | n/a | kr51m |
| Dec 31 2021 | kr3m | kr2m | kr49m |
Compensation vs Market: Joergen's total compensation ($USD300.04K) is about average for companies of similar size in the Swedish market ($USD240.79K).
Compensation vs Earnings: Joergen's compensation has been consistent with company performance over the past year.
CEO
Joergen Qwist (51 yo)
4.3yrs
Tenure
kr3,300,000
Compensation
Mr. Joergen Qwist serves as President and Chief Executive Officer at CombinedX AB (publ) since 2020. He served as the Chief Executive Officer of DGC One AB since 1999 and served as its President since 2002...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 4.3yrs | kr3.30m | 2.46% SEK 22.2m | |
| Chief Financial Officer | 2.3yrs | no data | 0.015% SEK 136.1k | |
| Head of Administration | 2.3yrs | no data | 1.94% SEK 17.5m | |
| Head of X-Sales | 4.3yrs | no data | 0.088% SEK 792.0k | |
| Chief Executive Officer of Elvenite | 4.3yrs | no data | 0.71% SEK 6.4m | |
| Chief Executive Officer of Anytrust | no data | no data | 0.082% SEK 742.5k | |
| Chief Executive Officer of Two | 7.3yrs | no data | 0.26% SEK 2.4m | |
| Chief Executive Officer of Ninetech | 5.3yrs | no data | 0.44% SEK 4.0m | |
| Deputy CEO | 1.3yrs | no data | no data | |
| Chief Executive Officer of Nethouse | 1.3yrs | no data | no data | |
| Chief Executive Officer of M3CS | less than a year | no data | no data | |
| Chief Executive Officer of Aspire | 1.3yrs | no data | no data |
2.3yrs
Average Tenure
51yo
Average Age
Experienced Management: CX's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.3yrs | kr200.00k | no data | |
| Independent Director | 6.3yrs | kr200.00k | no data | |
| Independent Director | 3.3yrs | kr300.00k | 4.37% SEK 39.4m | |
| Independent Chairman of the Board | 11.3yrs | kr600.00k | 3.03% SEK 27.3m | |
| Director | 3.3yrs | kr200.00k | no data | |
| Independent Director | 1.3yrs | no data | no data |
3.3yrs
Average Tenure
59.5yo
Average Age
Experienced Board: CX's board of directors are considered experienced (3.3 years average tenure).