Prevas Management
Management criteria checks 2/4
Prevas' CEO is Magnus Welen, appointed in Jun 2023, has a tenure of 1.42 years. total yearly compensation is SEK3.77M, comprised of 40.9% salary and 59.1% bonuses, including company stock and options. directly owns 0.082% of the company’s shares, worth SEK1.09M. The average tenure of the management team and the board of directors is 2.4 years and 3.4 years respectively.
Key information
Magnus Welen
Chief executive officer
SEK 3.8m
Total compensation
| CEO salary percentage | 40.9% |
| CEO tenure | 1.4yrs |
| CEO ownership | 0.08% |
| Management average tenure | 2.4yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
Investors Can Find Comfort In Prevas' (STO:PREV B) Earnings Quality
Nov 02
Why Prevas AB (STO:PREV B) Could Be Worth Watching
Oct 26Prevas (STO:PREV B) Is Increasing Its Dividend To SEK4.75
May 02Prevas' (STO:PREV B) Upcoming Dividend Will Be Larger Than Last Year's
Apr 12Prevas' (STO:PREV B) Earnings Offer More Than Meets The Eye
Feb 22Prevas (STO:PREV B) Is Paying Out A Larger Dividend Than Last Year
Feb 19Prevas AB (STO:PREV B) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 17Prevas (STO:PREV B) Could Easily Take On More Debt
Feb 16Is Prevas AB (STO:PREV B) Potentially Undervalued?
Nov 30Here's Why Prevas (STO:PREV B) Can Manage Its Debt Responsibly
Oct 28Prevas AB Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jul 22Should You Be Adding Prevas (STO:PREV B) To Your Watchlist Today?
May 05Does Prevas (STO:PREV B) Have A Healthy Balance Sheet?
Apr 05Prevas (STO:PREV B) Is Increasing Its Dividend To SEK4.50
Apr 05When Should You Buy Prevas AB (STO:PREV B)?
Feb 12Prevas (STO:PREV B) Is Increasing Its Dividend To SEK4.50
Feb 12We Think Prevas (STO:PREV B) Can Manage Its Debt With Ease
Jun 12Prevas' (STO:PREV B) Shareholders Will Receive A Bigger Dividend Than Last Year
May 06Prevas (STO:PREV B) Will Pay A Larger Dividend Than Last Year At kr3.50
Apr 22Prevas' (STO:PREV B) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 06Prevas' (STO:PREV B) Upcoming Dividend Will Be Larger Than Last Year's
Feb 13Calculating The Intrinsic Value Of Prevas AB (STO:PREV B)
Feb 12Estimating The Fair Value Of Prevas AB (STO:PREV B)
Jun 14I Built A List Of Growing Companies And Prevas (STO:PREV B) Made The Cut
May 26What Is The Ownership Structure Like For Prevas AB (STO:PREV B)?
Mar 15Insider Buying: The Prevas AB (STO:PREV B) CEO & President Just Bought kr60k Worth Of Shares
Feb 28Why Prevas AB (STO:PREV B) Is A Top Dividend Stock
Feb 15
Did Prevas AB (STO:PREV B) Insiders Buy Up More Shares?
Jan 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | SEK 99m |
| Jun 30 2024 | n/a | n/a | SEK 111m |
| Mar 31 2024 | n/a | n/a | SEK 110m |
| Dec 31 2023 | SEK 4m | SEK 2m | SEK 118m |
Compensation vs Market: Magnus's total compensation ($USD343.07K) is above average for companies of similar size in the Swedish market ($USD236.96K).
Compensation vs Earnings: Insufficient data to compare Magnus's compensation with company performance.
CEO
Magnus Welen (52 yo)
1.4yrs
Tenure
SEK 3,765,560
Compensation
Mr. Magnus Welén is Chief Executive Officer of Prevas AB from June 01, 2023 and serves as its President since 2023. He is currently regional manager for Mälardalen and is the managing director of Prevas' l...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 1.4yrs | SEK 3.77m | 0.082% SEK 1.1m | |
| Chief Financial Officer | 2.4yrs | no data | 0.050% SEK 667.0k | |
| Chief Accountant | no data | no data | no data | |
| Manager of Communication & Information and Head of Communications & Information | 37.8yrs | no data | 4.22% SEK 55.8m |
2.4yrs
Average Tenure
52yo
Average Age
Experienced Management: PREV B's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 1.8yrs | SEK 16.67m | 1.24% SEK 16.4m | |
| Independent Chairman of the Board | 6.5yrs | SEK 423.00k | 0.073% SEK 964.2k | |
| Independent Director | 3.4yrs | SEK 212.00k | no data | |
| Director | 3.4yrs | SEK 212.00k | 0.024% SEK 318.2k | |
| Independent Director | 6.8yrs | SEK 212.00k | 0.023% SEK 307.8k | |
| Independent Director | 4.5yrs | SEK 212.00k | 0.012% SEK 164.2k | |
| Employee Representative Director | 4.5yrs | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Employee Representative Director | 1.5yrs | no data | no data |
3.4yrs
Average Tenure
57yo
Average Age
Experienced Board: PREV B's board of directors are considered experienced (3.4 years average tenure).