Munters Group AB (publ)

OTCPK:MMNN.F Stock Report

Market Cap: US$3.7b

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 percentage41.3%
CEO tenure4.7yrs
CEO ownership0.09%
Management average tenure2.5yrs
Board average tenure1.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Klas Forsstrom's remuneration changed compared to Munters Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

kr788m

Dec 31 2023kr20mkr8m

kr784m

Sep 30 2023n/an/a

kr858m

Jun 30 2023n/an/a

kr773m

Mar 31 2023n/an/a

kr687m

Dec 31 2022kr15mkr8m

kr577m

Sep 30 2022n/an/a

kr582m

Jun 30 2022n/an/a

kr544m

Mar 31 2022n/an/a

kr457m

Dec 31 2021kr15mkr7m

kr513m

Sep 30 2021n/an/a

kr549m

Jun 30 2021n/an/a

kr574m

Mar 31 2021n/an/a

kr529m

Dec 31 2020kr17mkr7m

kr426m

Sep 30 2020n/an/a

kr334m

Jun 30 2020n/an/a

kr270m

Mar 31 2020n/an/a

kr335m

Dec 31 2019kr14mkr3m

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

NamePositionTenureCompensationOwnership
Klas Forsstrom
President & CEO4.7yrskr19.68m0.087%
SEK 3.2m
Katharina Fischer
Group VP & CFO1.3yrsno data0.00082%
SEK 30.5k
Ann-Sofi Jönsson
VP and Head of Investor Relations & Enterprise Risk Managementno datano datano data
Grete Stoltz
Group Vice President of HR & Sustainability2.5yrsno data0.00041%
SEK 15.3k
Stefan Mahl
Group VP & Head of Business Excellence4.3yrsno data0.015%
SEK 540.7k
Pia Linder
Group VP & President of FoodTech3.7yrsno data0.0026%
SEK 95.0k
Stefan Aspman
Group VP & President of Data Center Technologies1.3yrsno data0.0022%
SEK 81.5k
Henrik Teiwik
Group VP & President for AirTech1.7yrsno data0.0043%
SEK 161.2k
Andrew Cook
Senior Vice President of AirTech Americasno datano datano data
Lee Suffolk
Senior Vice President of AirTech-EMEAno datano datano data
Markus Karbach
Business Unit Manager & MD of EMEAno datano datano data
Johan Lekholm
Board Secretaryno datano datano 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

NamePositionTenureCompensationOwnership
Magnus Nicolin
Chairman of the Board1.9yrskr1.04m0.011%
SEK 408.1k
Ingrid Fasth-Gillstedt
Independent Director7.2yrskr680.00k0.0027%
SEK 102.0k
Kristian Sildeby
Director6.9yrskr739.00k0.0066%
SEK 244.6k
Robert Wahlgren
Employee Representative Director14.3yrsno datano data
Simon Henriksson
Employee Representative Director7.3yrsno data0.00019%
SEK 7.1k
Maria Hakansson
Independent Director1.9yrskr545.00k0.0016%
SEK 61.1k
Anders Lindqvist
Independent Director1.9yrskr523.00k0.0016%
SEK 61.1k
Sabine Aissaoui
Independent Directorless than a yearkr329.00kno data
Elizabeth Nugent
Independent Directorless than a yearno datano data
Julia Jakobsson
Employee Representative Deputy Directorless than a yearno datano data
Sara Boije
Employee Representative Deputy Directorless than a yearno datano 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.


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