Safeture Management
Management criteria checks 3/4
Safeture's CEO is Magnus Hultman, appointed in Aug 2019, has a tenure of 5.25 years. total yearly compensation is SEK2.25M, comprised of 68.7% salary and 31.3% bonuses, including company stock and options. directly owns 1.29% of the company’s shares, worth SEK3.63M. The average tenure of the management team and the board of directors is 3.7 years and 4.2 years respectively.
Key information
Magnus Hultman
Chief executive officer
SEK 2.2m
Total compensation
| CEO salary percentage | 68.7% |
| CEO tenure | 5.3yrs |
| CEO ownership | 1.3% |
| Management average tenure | 3.7yrs |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
Companies Like Safeture (STO:SFTR) Are In A Position To Invest In Growth
Oct 19
Here's Why We're Not Too Worried About Safeture's (STO:SFTR) Cash Burn Situation
Mar 24Is Safeture (STO:SFTR) In A Good Position To Invest In Growth?
Feb 16We're Keeping An Eye On Safeture's (STO:SFTR) Cash Burn Rate
Oct 29Safeture AB (publ) (STO:SFTR): Is Breakeven Near?
Mar 02Should You Review Recent Insider Transactions At Safeture AB (publ) (STO:SFTR)?
Dec 29
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -SEK 2m |
| Jun 30 2024 | n/a | n/a | -SEK 3m |
| Mar 31 2024 | n/a | n/a | -SEK 4m |
| Dec 31 2023 | SEK 2m | SEK 2m | -SEK 6m |
| Sep 30 2023 | n/a | n/a | -SEK 10m |
| Jun 30 2023 | n/a | n/a | -SEK 12m |
| Mar 31 2023 | n/a | n/a | -SEK 15m |
| Dec 31 2022 | SEK 2m | SEK 1m | -SEK 17m |
| Sep 30 2022 | n/a | n/a | -SEK 17m |
| Jun 30 2022 | n/a | n/a | -SEK 19m |
| Mar 31 2022 | n/a | n/a | -SEK 21m |
| Dec 31 2021 | SEK 2m | SEK 2m | -SEK 23m |
| Sep 30 2021 | n/a | n/a | -SEK 27m |
| Jun 30 2021 | n/a | n/a | -SEK 25m |
| Mar 31 2021 | n/a | n/a | -SEK 27m |
| Dec 31 2020 | SEK 3m | SEK 2m | -SEK 25m |
| Sep 30 2020 | n/a | n/a | -SEK 20m |
| Jun 30 2020 | n/a | n/a | -SEK 19m |
| Mar 31 2020 | n/a | n/a | -SEK 16m |
| Dec 31 2019 | SEK 992k | SEK 739k | -SEK 15m |
Compensation vs Market: Magnus's total compensation ($USD210.15K) is about average for companies of similar size in the Swedish market ($USD239.32K).
Compensation vs Earnings: Magnus's compensation has increased whilst the company is unprofitable.
CEO
Magnus Hultman (50 yo)
5.3yrs
Tenure
SEK 2,246,000
Compensation
Mr. Magnus Hultman is Chief Executive Officer at Safeture AB since August 1, 2019 and serves as its Managing Director and served as its Director. Mr. Hultman serves as Director at Strossle AB. Mr. Hultman...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & MD | 5.3yrs | SEK 2.25m | 1.29% SEK 3.6m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Technology Officer | 10.3yrs | no data | 0.037% SEK 104.6k | |
| Chief Marketing Officer | 7.6yrs | no data | 0.051% SEK 144.0k | |
| Chief Product Officer | 2.1yrs | no data | 0.21% SEK 601.2k | |
| Chief Revenue Officer | 1.1yrs | no data | no data |
3.7yrs
Average Tenure
48yo
Average Age
Experienced Management: SFTR's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 3.5yrs | SEK 607.00k | 3.83% SEK 10.8m | |
| Independent Director | 4.8yrs | SEK 138.00k | 0.066% SEK 187.2k | |
| Independent Director | less than a year | no data | no data | |
| Director | 4.8yrs | SEK 138.00k | no data | |
| Independent Board Member | 5.5yrs | SEK 138.00k | 0.073% SEK 205.9k | |
| Independent Director | 2.5yrs | SEK 61.00k | no data |
4.2yrs
Average Tenure
51.5yo
Average Age
Experienced Board: SFTR's board of directors are considered experienced (4.2 years average tenure).