Munters Group Management
Management criteria checks 2/4
Munters Group's CEO is Klas Forsstrom, appointed in Aug 2019, has a tenure of 4.67 years. total yearly compensation is SEK19.68M, comprised of 41.3% salary and 58.7% bonuses, including company stock and options. directly owns 0.087% of the company’s shares, worth $3.24M. The average tenure of the management team and the board of directors is 2.5 years and 1.9 years respectively.
Key information
Klas Forsstrom
Chief executive officer
kr19.7m
Total compensation
CEO salary percentage | 41.3% |
CEO tenure | 4.7yrs |
CEO ownership | 0.09% |
Management average tenure | 2.5yrs |
Board average tenure | 1.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | kr788m |
Dec 31 2023 | kr20m | kr8m | kr784m |
Sep 30 2023 | n/a | n/a | kr858m |
Jun 30 2023 | n/a | n/a | kr773m |
Mar 31 2023 | n/a | n/a | kr687m |
Dec 31 2022 | kr15m | kr8m | kr577m |
Sep 30 2022 | n/a | n/a | kr582m |
Jun 30 2022 | n/a | n/a | kr544m |
Mar 31 2022 | n/a | n/a | kr457m |
Dec 31 2021 | kr15m | kr7m | kr513m |
Sep 30 2021 | n/a | n/a | kr549m |
Jun 30 2021 | n/a | n/a | kr574m |
Mar 31 2021 | n/a | n/a | kr529m |
Dec 31 2020 | kr17m | kr7m | kr426m |
Sep 30 2020 | n/a | n/a | kr334m |
Jun 30 2020 | n/a | n/a | kr270m |
Mar 31 2020 | n/a | n/a | kr335m |
Dec 31 2019 | kr14m | kr3m | kr282m |
Compensation vs Market: Klas's total compensation ($USD1.81M) is below average for companies of similar size in the US market ($USD6.65M).
Compensation vs Earnings: Klas's compensation has increased by more than 20% in the past year.
CEO
Klas Forsstrom (56 yo)
4.7yrs
Tenure
kr19,680,000
Compensation
Mr. Klas Forsstrom has been the President and Chief Executive Officer at Munters Group AB (publ) since August 12, 2019. Mr. Forsstrom served as the President of AirTech at Munters Group AB (publ) since Apr...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President & CEO | 4.7yrs | kr19.68m | 0.087% SEK 3.2m | |
Group VP & CFO | 1.3yrs | no data | 0.00082% SEK 30.5k | |
VP and Head of Investor Relations & Enterprise Risk Management | no data | no data | no data | |
Group Vice President of HR & Sustainability | 2.5yrs | no data | 0.00041% SEK 15.3k | |
Group VP & Head of Business Excellence | 4.3yrs | no data | 0.015% SEK 540.7k | |
Group VP & President of FoodTech | 3.7yrs | no data | 0.0026% SEK 95.0k | |
Group VP & President of Data Center Technologies | 1.3yrs | no data | 0.0022% SEK 81.5k | |
Group VP & President for AirTech | 1.7yrs | no data | 0.0043% SEK 161.2k | |
Senior Vice President of AirTech Americas | no data | no data | no data | |
Senior Vice President of AirTech-EMEA | no data | no data | no data | |
Business Unit Manager & MD of EMEA | no data | no data | no data | |
Board Secretary | no data | no data | no data |
2.5yrs
Average Tenure
53yo
Average Age
Experienced Management: MMNN.F's management team is considered experienced (2.5 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman of the Board | 1.9yrs | kr1.04m | 0.011% SEK 408.1k | |
Independent Director | 7.2yrs | kr680.00k | 0.0027% SEK 102.0k | |
Director | 6.9yrs | kr739.00k | 0.0066% SEK 244.6k | |
Employee Representative Director | 14.3yrs | no data | no data | |
Employee Representative Director | 7.3yrs | no data | 0.00019% SEK 7.1k | |
Independent Director | 1.9yrs | kr545.00k | 0.0016% SEK 61.1k | |
Independent Director | 1.9yrs | kr523.00k | 0.0016% SEK 61.1k | |
Independent Director | less than a year | kr329.00k | no data | |
Independent Director | less than a year | no data | no data | |
Employee Representative Deputy Director | less than a year | no data | no data | |
Employee Representative Deputy Director | less than a year | no data | no data |
1.9yrs
Average Tenure
50yo
Average Age
Experienced Board: MMNN.F's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.