Vitec Software Group Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Olle Backman
Chief executive officer
kr4.7m
Total compensation
CEO salary percentage | 83.8% |
CEO tenure | 2.9yrs |
CEO ownership | n/a |
Management average tenure | 2.9yrs |
Board average tenure | 11.8yrs |
Recent management updates
Recent updates
At kr405, Is It Time To Put Vitec Software Group AB (publ) (STO:VIT B) On Your Watch List?
Dec 02With EPS Growth And More, Vitec Software Group (STO:VIT B) Makes An Interesting Case
Sep 28Vitec Software Group (STO:VIT B) Is Reinvesting At Lower Rates Of Return
Aug 17Does Vitec Software Group (STO:VIT B) Have A Healthy Balance Sheet?
Aug 01There Are Reasons To Feel Uneasy About Vitec Software Group's (STO:VIT B) Returns On Capital
May 08Vitec Software Group (STO:VIT B) Has A Rock Solid Balance Sheet
Apr 23Here's Why We Think Vitec Software Group (STO:VIT B) Is Well Worth Watching
Feb 16We Think Vitec Software Group (STO:VIT B) Can Manage Its Debt With Ease
Jan 20With EPS Growth And More, Vitec Software Group (STO:VIT B) Is Interesting
Nov 07Is Now The Time To Put Vitec Software Group (STO:VIT B) On Your Watchlist?
Jul 18Does Vitec Software Group (STO:VIT B) Have A Healthy Balance Sheet?
Jun 10Vitec Software Group (STO:VIT B) Might Be Having Difficulty Using Its Capital Effectively
May 28CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | kr339m |
Sep 30 2023 | n/a | n/a | kr327m |
Jun 30 2023 | n/a | n/a | kr304m |
Mar 31 2023 | n/a | n/a | kr260m |
Dec 31 2022 | kr5m | kr4m | kr245m |
Sep 30 2022 | n/a | n/a | kr233m |
Jun 30 2022 | n/a | n/a | kr221m |
Mar 31 2022 | n/a | n/a | kr229m |
Dec 31 2021 | kr4m | kr3m | kr207m |
Compensation vs Market: Olle's total compensation ($USD449.53K) is below average for companies of similar size in the Swedish market ($USD838.01K).
Compensation vs Earnings: Olle's compensation has been consistent with company performance over the past year.
CEO
Olle Backman (54 yo)
2.9yrs
Tenure
kr4,671,000
Compensation
Mr. Olle Backman is President at Vitec Software Group AB (publ). He has been Chief Executive Officer at Vitec Software Group AB since April 29, 2021 and also serves as its Director since 2021 and had been...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder & Chairman of the Board | 2.9yrs | kr600.00k | 3.68% SEK 734.7m | |
CEO, President & Director | 2.9yrs | kr4.67m | no data | |
Chief Financial Officer | 2.9yrs | no data | no data | |
Chief Operating Officer | 4yrs | no data | 0.050% SEK 10.0m | |
CIO & CTO | no data | no data | 1.94% SEK 387.9m | |
Investor Relations Officer | 7.1yrs | no data | no data | |
Head of Human Resources | 2.8yrs | no data | no data | |
Head of Brand | 2.8yrs | no data | no data | |
Head of M&A | 2.8yrs | no data | no data | |
Controller | no data | no data | no data | |
Chief Executive Officer of Software for Estate Agents - Sweden | no data | no data | no data | |
Chief Executive Officer of Vitec Acute | 8yrs | no data | no data |
2.9yrs
Average Tenure
54yo
Average Age
Experienced Management: VIT B's management team is considered experienced (2.9 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Founder & Chairman of the Board | 2.9yrs | kr600.00k | 3.68% SEK 734.7m | |
CEO, President & Director | 3.2yrs | kr4.67m | no data | |
Independent Director | 13.2yrs | kr210.00k | 0.020% SEK 4.0m | |
Independent Director | 26.2yrs | kr210.00k | 0.28% SEK 55.9m | |
Independent Director | less than a year | no data | no data | |
Independent Director | 14.2yrs | kr210.00k | 0.037% SEK 7.4m | |
Independent Director | 11.8yrs | kr210.00k | no data |
11.8yrs
Average Tenure
65yo
Average Age
Experienced Board: VIT B's board of directors are seasoned and experienced ( 11.8 years average tenure).