Precise Biometrics Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Joakim Nydemark
Chief executive officer
kr3.3m
Total compensation
| CEO salary percentage | 31.0% |
| CEO tenure | less than a year |
| CEO ownership | n/a |
| Management average tenure | less than a year |
| Board average tenure | 3.7yrs |
Recent management updates
Recent updates
Precise Biometrics (STO:PREC) Has Debt But No Earnings; Should You Worry?
Apr 04
Estimating The Fair Value Of Precise Biometrics AB (publ) (STO:PREC)
Nov 02Is It Time To Consider Buying Precise Biometrics AB (publ) (STO:PREC)?
Aug 30Should You Think About Buying Precise Biometrics AB (publ) (STO:PREC) Now?
Feb 24We're Not Very Worried About Precise Biometrics' (STO:PREC) Cash Burn Rate
Dec 01Precise Biometrics' (STO:PREC) Shareholders Are Down 76% On Their Shares
Feb 15Is Precise Biometrics AB (publ) (STO:PREC) Potentially Undervalued?
Jan 25Will The ROCE Trend At Precise Biometrics (STO:PREC) Continue?
Dec 29
Is Precise Biometrics AB (publ)'s (STO:PREC) Recent Price Movement Underpinned By Its Weak Fundamentals?
Dec 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | kr3m | kr1m | -kr26m |
Compensation vs Market: Joakim's total compensation ($USD303.49K) is about average for companies of similar size in the Swedish market ($USD240.79K).
Compensation vs Earnings: Insufficient data to compare Joakim's compensation with company performance.
CEO
Joakim Nydemark (52 yo)
less than a year
Tenure
kr3,338,000
Compensation
Mr. Joakim Nydemark served as Executive Vice President & CCO of Algo at Precise Biometrics AB (publ) since June 01, 2023 until August 28, 2023 and serves as its Chief Executive Officer since August 28, 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | less than a year | kr3.34m | no data | |
| Chief Financial Officer | 2.8yrs | no data | 0.0045% SEK 5.2k | |
| Director of Investors Relations & Communications | no data | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Chief Commercial Officer of Digital Identity | less than a year | no data | no data | |
| CCO for the Algo Business Area | less than a year | no data | no data |
0.6yrs
Average Tenure
50.5yo
Average Age
Experienced Management: PREC's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 10.1yrs | kr215.00k | 0.011% SEK 12.8k | |
| Independent Director | 2.3yrs | kr219.00k | 0.019% SEK 22.1k | |
| Independent Chairman of the Board | 11.1yrs | kr615.00k | 0.073% SEK 82.9k | |
| Independent Director | less than a year | kr180.00k | no data | |
| Independent Director | less than a year | kr122.00k | no data | |
| Independent Director | 5yrs | kr215.00k | 0.021% SEK 23.6k |
3.7yrs
Average Tenure
57yo
Average Age
Experienced Board: PREC's board of directors are considered experienced (3.7 years average tenure).