Proact IT Group Management
Management criteria checks 3/4
Proact IT Group's CEO is Jonas Hasselberg, appointed in Sep 2018, has a tenure of 6.17 years. total yearly compensation is SEK7.41M, comprised of 59.5% salary and 40.5% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth SEK5.08M. The average tenure of the management team and the board of directors is 1.8 years and 6.5 years respectively.
Key information
Jonas Hasselberg
Chief executive officer
SEK 7.4m
Total compensation
| CEO salary percentage | 59.5% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.8yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
Why Proact IT Group's (STO:PACT) Earnings Are Better Than They Seem
Nov 02
Improved Earnings Required Before Proact IT Group AB (publ) (STO:PACT) Stock's 26% Jump Looks Justified
May 22Proact IT Group AB (publ) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 09We Think Some Shareholders May Hesitate To Increase Proact IT Group AB (publ)'s (STO:PACT) CEO Compensation
May 01Proact IT Group (STO:PACT) Is Paying Out A Larger Dividend Than Last Year
Apr 25Proact IT Group's (STO:PACT) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 04Proact IT Group's (STO:PACT) Soft Earnings Are Actually Better Than They Appear
Feb 15Proact IT Group's (STO:PACT) Dividend Will Be Increased To SEK2.00
Feb 12Proact IT Group (STO:PACT) Will Pay A Larger Dividend Than Last Year At SEK1.85
Apr 05Proact IT Group (STO:PACT) Is Paying Out A Larger Dividend Than Last Year
Feb 12Is It Time To Consider Buying Proact IT Group AB (publ) (STO:PACT)?
Feb 11Proact IT Group's (STO:PACT) Returns On Capital Not Reflecting Well On The Business
Jul 08Is Proact IT Group (STO:PACT) A Risky Investment?
Jun 14Is Proact IT Group (STO:PACT) Using Too Much Debt?
Jan 27The Returns On Capital At Proact IT Group (STO:PACT) Don't Inspire Confidence
Oct 14Some Investors May Be Worried About Proact IT Group's (STO:PACT) Returns On Capital
May 25Does Proact IT Group (STO:PACT) Have A Healthy Balance Sheet?
Apr 13The Attractive Combination That Could Earn Proact IT Group AB (publ) (STO:PACT) A Place In Your Dividend Portfolio
Mar 26Are Robust Financials Driving The Recent Rally In Proact IT Group AB (publ)'s (STO:PACT) Stock?
Mar 14Shareholders Of Proact IT Group (STO:PACT) Must Be Happy With Their 183% Total Return
Mar 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | SEK 235m |
| Jun 30 2024 | n/a | n/a | SEK 234m |
| Mar 31 2024 | n/a | n/a | SEK 205m |
| Dec 31 2023 | SEK 7m | SEK 4m | SEK 173m |
| Sep 30 2023 | n/a | n/a | SEK 171m |
| Jun 30 2023 | n/a | n/a | SEK 165m |
| Mar 31 2023 | n/a | n/a | SEK 185m |
| Dec 31 2022 | SEK 7m | SEK 4m | SEK 191m |
| Sep 30 2022 | n/a | n/a | SEK 158m |
| Jun 30 2022 | n/a | n/a | SEK 151m |
| Mar 31 2022 | n/a | n/a | SEK 129m |
| Dec 31 2021 | SEK 5m | SEK 4m | SEK 117m |
| Sep 30 2021 | n/a | n/a | SEK 125m |
| Jun 30 2021 | n/a | n/a | SEK 123m |
| Mar 31 2021 | n/a | n/a | SEK 128m |
| Dec 31 2020 | SEK 6m | SEK 4m | SEK 132m |
| Sep 30 2020 | n/a | n/a | SEK 114m |
| Jun 30 2020 | n/a | n/a | SEK 103m |
| Mar 31 2020 | n/a | n/a | SEK 85m |
| Dec 31 2019 | SEK 6m | SEK 4m | SEK 80m |
| Sep 30 2019 | n/a | n/a | SEK 97m |
| Jun 30 2019 | n/a | n/a | SEK 101m |
| Mar 31 2019 | n/a | n/a | SEK 123m |
| Dec 31 2018 | SEK 5m | SEK 1m | SEK 127m |
Compensation vs Market: Jonas's total compensation ($USD669.84K) is about average for companies of similar size in the Swedish market ($USD580.26K).
Compensation vs Earnings: Jonas's compensation has been consistent with company performance over the past year.
CEO
Jonas Hasselberg (57 yo)
6.2yrs
Tenure
SEK 7,409,000
Compensation
Mr. Jonas Hasselberg has been a Director of Edgeware AB (publ) since May 4, 2018. He has been Chief Executive Officer and President of Proact IT Group AB (publ) since September 01, 2018 and is its Acting B...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Prsdnt | 6.2yrs | SEK 7.41m | 0.15% SEK 5.1m | |
| Deputy CEO | 1.1yrs | SEK 919.00k | 0.027% SEK 903.0k | |
| CFO & VP of Investor Relations | less than a year | no data | no data | |
| COO & Dy MD | no data | no data | no data | |
| Vice President of Portfolio & Technology | no data | no data | 0.0019% SEK 64.3k | |
| Vice President of Corporate Development | 1.2yrs | no data | 0.046% SEK 1.6m | |
| VP of People & Sustainability | 2.8yrs | no data | 0.020% SEK 690.3k | |
| Managing Director of Proact IT Latvia SIA | no data | no data | no data | |
| Managing Director of Proact Estonia AS | no data | no data | no data | |
| Managing Director of Proact Systems A/S Denmark | 1.8yrs | no data | no data | |
| Managing Director of Proact IT Norge AS | 5.8yrs | no data | no data | |
| Managing Director Proact Czech Republic Ltd. | no data | no data | no data |
1.8yrs
Average Tenure
53yo
Average Age
Experienced Management: PACT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Board Member | 6.5yrs | SEK 388.00k | 0.0095% SEK 322.3k | |
| Board Member | 7.5yrs | SEK 333.00k | 0.11% SEK 3.9m | |
| Chairman of the Board | 2.5yrs | SEK 694.00k | 0.025% SEK 851.3k | |
| Independent Board Member | 7.5yrs | SEK 273.00k | 0.015% SEK 516.0k | |
| Independent Director | 4.5yrs | SEK 388.00k | 0.027% SEK 903.0k |
6.5yrs
Average Tenure
61yo
Average Age
Experienced Board: PACT's board of directors are considered experienced (6.5 years average tenure).