Proact IT Group Management
Management criteria checks 2/4
Proact IT Group's CEO is Jonas Hasselberg, appointed in Sep 2018, has a tenure of 5.58 years. total yearly compensation is SEK7.41M, comprised of 59.5% salary and 40.5% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth SEK3.67M. The average tenure of the management team and the board of directors is 1.3 years and 5.9 years respectively.
Key information
Jonas Hasselberg
Chief executive officer
kr7.4m
Total compensation
| CEO salary percentage | 59.5% |
| CEO tenure | 5.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.3yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
Proact IT Group (STO:PACT) Is Paying Out A Larger Dividend Than Last Year
Apr 25
Proact 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 02Have Insiders Sold Proact IT Group AB (publ) (STO:PACT) Shares Recently?
Feb 17
Could The Proact IT Group AB (publ) (STO:PACT) Ownership Structure Tell Us Something Useful?
Feb 15What Do The Returns On Capital At Proact IT Group (STO:PACT) Tell Us?
Feb 05Why Proact IT Group AB (publ) (STO:PACT) Could Be Worth Watching
Jan 25Is Proact IT Group (STO:PACT) A Risky Investment?
Jan 12Proact IT Group AB (publ) (STO:PACT) Insiders Increased Their Holdings
Jan 02Is Proact IT Group AB (publ) (STO:PACT) A Smart Choice For Dividend Investors?
Dec 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | kr7m | kr4m | kr173m |
| Sep 30 2023 | n/a | n/a | kr171m |
| Jun 30 2023 | n/a | n/a | kr165m |
| Mar 31 2023 | n/a | n/a | kr185m |
| Dec 31 2022 | kr7m | kr4m | kr191m |
| Sep 30 2022 | n/a | n/a | kr158m |
| Jun 30 2022 | n/a | n/a | kr151m |
| Mar 31 2022 | n/a | n/a | kr129m |
| Dec 31 2021 | kr5m | kr4m | kr117m |
| Sep 30 2021 | n/a | n/a | kr125m |
| Jun 30 2021 | n/a | n/a | kr123m |
| Mar 31 2021 | n/a | n/a | kr128m |
| Dec 31 2020 | kr6m | kr4m | kr132m |
| Sep 30 2020 | n/a | n/a | kr114m |
| Jun 30 2020 | n/a | n/a | kr103m |
| Mar 31 2020 | n/a | n/a | kr85m |
| Dec 31 2019 | kr6m | kr4m | kr80m |
| Sep 30 2019 | n/a | n/a | kr97m |
| Jun 30 2019 | n/a | n/a | kr101m |
| Mar 31 2019 | n/a | n/a | kr123m |
| Dec 31 2018 | kr5m | kr1m | kr127m |
Compensation vs Market: Jonas's total compensation ($USD680.53K) is above average for companies of similar size in the Swedish market ($USD445.36K).
Compensation vs Earnings: Jonas's compensation has been consistent with company performance over the past year.
CEO
Jonas Hasselberg (56 yo)
5.6yrs
Tenure
kr7,409,000
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 | 5.6yrs | kr7.41m | 0.13% SEK 3.7m | |
| Deputy CEO | less than a year | kr919.00k | 0.022% SEK 621.5k | |
| Interim CFO & VP of Investor Relations | less than a year | no data | no data | |
| COO & Dy MD | no data | no data | no data | |
| CTO and VP Portfolio & Technology | no data | no data | 0.0018% SEK 51.7k | |
| Vice President of Corporate Development | less than a year | no data | 0.033% SEK 922.5k | |
| VP of People & Sustainability | 2.3yrs | no data | 0.012% SEK 347.1k | |
| 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 | 1.3yrs | no data | no data | |
| Managing Director of Proact IT Norge AS | 5.3yrs | no data | no data | |
| Managing Director Proact Czech Republic Ltd. | no data | no data | no data |
1.3yrs
Average Tenure
53yo
Average Age
Experienced Management: PACT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Board Member | 5.9yrs | kr388.00k | 0.0092% SEK 258.9k | |
| Board Member | 6.9yrs | kr333.00k | 0.11% SEK 3.1m | |
| Chairman of the Board | 1.9yrs | kr694.00k | 0.024% SEK 683.7k | |
| Independent Board Member | 6.9yrs | kr273.00k | 0.015% SEK 414.3k | |
| Independent Director | 3.9yrs | kr388.00k | 0.018% SEK 518.1k |
5.9yrs
Average Tenure
60yo
Average Age
Experienced Board: PACT's board of directors are considered experienced (5.9 years average tenure).