Ovzon Management
Management criteria checks 3/4
Ovzon's CEO is Per Noren, appointed in May 2021, has a tenure of 2.58 years. total yearly compensation is SEK4.94M, comprised of 89.8% salary and 10.2% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth SEK2.39M. The average tenure of the management team and the board of directors is 3.3 years and 3.7 years respectively.
Key information
Per Noren
Chief executive officer
kr4.9m
Total compensation
| CEO salary percentage | 89.8% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 3.3yrs |
| Board average tenure | 3.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -kr115m |
| Jun 30 2023 | n/a | n/a | -kr83m |
| Mar 31 2023 | n/a | n/a | -kr43m |
| Dec 31 2022 | kr5m | kr4m | -kr36m |
| Sep 30 2022 | n/a | n/a | -kr15m |
| Jun 30 2022 | n/a | n/a | -kr30m |
| Mar 31 2022 | n/a | n/a | -kr85m |
| Dec 31 2021 | kr4m | kr2m | -kr84m |
Compensation vs Market: Per's total compensation ($USD486.23K) is about average for companies of similar size in the Swedish market ($USD435.76K).
Compensation vs Earnings: Per's compensation has increased whilst the company is unprofitable.
CEO
Per Noren (58 yo)
2.6yrs
Tenure
kr4,940,000
Compensation
Mr. Per Noren has been President and Chief Executive Officer at Ovzon AB (publ) since May 1, 2021. He serves as Director of Vikom V st AB, Center for Business Innovation, Chalmers University of Technology...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 2.6yrs | kr4.94m | 0.15% SEK 2.4m | |
| Chief Financial Officer | 1.1yrs | no data | 0.00090% SEK 14.6k | |
| Chief Operating Officer | 3.9yrs | no data | 0% SEK 0 | |
| Chief Technology Officer | no data | kr1.36m | 0.21% SEK 3.4m | |
| International Sales Manager | no data | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Deputy Chief Executive Officer | 4.6yrs | kr2.03m | 1.21% SEK 19.6m | |
| Executive Vice President of Key Accounts | no data | no data | no data | |
| Chief Product Development & Supply Officer | 3.9yrs | no data | no data | |
| Chief Engineer | less than a year | no data | 0.0023% SEK 37.7k | |
| Consultant | 5.3yrs | no data | no data |
3.3yrs
Average Tenure
59.5yo
Average Age
Experienced Management: OVZON BTA's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 5.6yrs | kr235.00k | 0.39% SEK 6.3m | |
| Independent Director | 3.7yrs | kr280.00k | 0.0018% SEK 28.9k | |
| Independent Director | 5.6yrs | kr235.00k | 0.020% SEK 316.3k | |
| Chairman of the Board | less than a year | no data | no data | |
| Independent Director | 3.7yrs | kr220.00k | 0.0012% SEK 18.9k | |
| Director | less than a year | no data | no data |
3.7yrs
Average Tenure
52.5yo
Average Age
Experienced Board: OVZON BTA's board of directors are considered experienced (3.7 years average tenure).