Concentric AB (publ)

OTCPK:CCNT.F Stock Report

Market Cap: US$800.1m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Concentric Management

Management criteria checks 3/4

Concentric's CEO is Martin Kunz, appointed in Mar 2022, has a tenure of 2.58 years. total yearly compensation is SEK9.26M, comprised of 77.2% salary and 22.8% bonuses, including company stock and options. directly owns 0.035% of the company’s shares, worth $279.97K. The average tenure of the management team and the board of directors is 2.6 years and 4.5 years respectively.

Key information

Martin Kunz

Chief executive officer

SEK 9.3m

Total compensation

CEO salary percentage77.2%
CEO tenure2.6yrs
CEO ownership0.03%
Management average tenure2.6yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Martin Kunz's remuneration changed compared to Concentric's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

SEK 285m

Mar 31 2024n/an/a

SEK 396m

Dec 31 2023SEK 9mSEK 7m

SEK 417m

Sep 30 2023n/an/a

SEK 441m

Jun 30 2023n/an/a

SEK 478m

Mar 31 2023n/an/a

SEK 492m

Dec 31 2022SEK 7mSEK 5m

SEK 501m

Compensation vs Market: Martin's total compensation ($USD871.65K) is below average for companies of similar size in the US market ($USD3.21M).

Compensation vs Earnings: Martin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Martin Kunz (59 yo)

2.6yrs

Tenure

SEK 9,261,000

Compensation

Mr. Martin Kunz is President & Chief Executive Officer of Concentric AB (publ) from March 01, 2022. He has been an Independent Director at LiqTech International, Inc. since June 26, 2023. He has worked out...

Leadership Team

NamePositionTenureCompensationOwnership
Martin Kunz
President & CEO2.6yrsSEK 9.26m0.035%
$ 280.0k
Marcus Whitehouse
Chief Financial Officer6.8yrsno data0.00030%
$ 2.4k
Riccardo Cavallari
VP of Operational Excellenceno datano datano data
Jennifer Wilson
Vice President of HR & Sustainability1.8yrsno datano data
John Beadsworth
Interim Senior VP and Head of Europe & Rest of the World3.1yrsno datano data
Brandon Larche
Senior VP & COO of EMP3yrsno data0%
$ 0
Fernando Palmero
Senior Vice President of Hydraulics Division2.2yrsno datano data
Boris Gavric
Senior Vice President Engines & Thermal Solutions2yrsno datano data

2.6yrs

Average Tenure

52yo

Average Age

Experienced Management: CCNT.F's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Claes Akesson
Independent Director14.8yrsSEK 550.00k0%
$ 0
Joachim Rosenberg
Independent Director3.5yrsSEK 375.00k0.0027%
$ 21.5k
Martin Sköld
Independent Director14.8yrsSEK 375.00k0.0011%
$ 8.6k
Karin Gunnarsson
Independent Director5.5yrsSEK 450.00k0%
$ 0
Frida Sams
Directorless than a yearno datano data
Anders Nielsen
Independent Chairman of the Board7.8yrsSEK 1.03m0%
$ 0
Petra Sundstrom
Independent Director3.5yrsSEK 375.00k0.00054%
$ 4.3k
Mark Williamson
Directorless than a yearno datano data

4.5yrs

Average Tenure

58yo

Average Age

Experienced Board: CCNT.F's board of directors are considered experienced (4.5 years average tenure).