Precise Biometrics Management
Management criteria checks 1/4
Precise Biometrics' CEO is Joakim Nydemark, appointed in Aug 2023, has a tenure of 1.25 years. total yearly compensation is SEK3.34M, comprised of 31% salary and 69% bonuses, including company stock and options. directly owns 0.03% of the company’s shares, worth SEK100.90K. The average tenure of the management team and the board of directors is 1 years and 2.8 years respectively.
Key information
Joakim Nydemark
Chief executive officer
SEK 3.3m
Total compensation
| CEO salary percentage | 31.0% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.03% |
| Management average tenure | less than a year |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
We Think Precise Biometrics (STO:PREC) Can Easily Afford To Drive Business Growth
Jul 31
Precise Biometrics (STO:PREC) Has Debt But No Earnings; Should You Worry?
Apr 04Estimating 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 |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -SEK 12m |
| Jun 30 2024 | n/a | n/a | -SEK 21m |
| Mar 31 2024 | n/a | n/a | -SEK 22m |
| Dec 31 2023 | SEK 3m | SEK 1m | -SEK 26m |
Compensation vs Market: Joakim's total compensation ($USD301.79K) is about average for companies of similar size in the Swedish market ($USD236.56K).
Compensation vs Earnings: Insufficient data to compare Joakim's compensation with company performance.
CEO
Joakim Nydemark (53 yo)
1.3yrs
Tenure
SEK 3,338,000
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 | 1.3yrs | SEK 3.34m | 0.030% SEK 100.9k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Director of Investors Relations & Communications | no data | no data | no data | |
| Chief Marketing Officer | 1.1yrs | no data | 0.032% SEK 108.1k | |
| Chief Commercial Officer of Digital Identity | less than a year | no data | no data | |
| CCO - Biometric Technologies | less than a year | no data | no data |
1.0yrs
Average Tenure
51.5yo
Average Age
Experienced Management: PREC's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.8yrs | SEK 219.00k | 0.032% SEK 108.1k | |
| Independent Chairman of the Board | 11.6yrs | SEK 615.00k | 0.15% SEK 505.1k | |
| Independent Director | 1.5yrs | SEK 180.00k | 0.090% SEK 302.7k | |
| Director | less than a year | no data | no data | |
| Independent Director | 5.5yrs | SEK 215.00k | 0.037% SEK 123.0k |
2.8yrs
Average Tenure
58yo
Average Age
Experienced Board: PREC's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.