Mips Management
Management criteria checks 4/4
Mips' CEO is Max Strandwitz, appointed in May 2019, has a tenure of 4.25 years. total yearly compensation is SEK6.57M, comprised of 64.4% salary and 35.6% bonuses, including company stock and options. directly owns 0.47% of the company’s shares, worth $5.27M. The average tenure of the management team and the board of directors is 3.5 years and 3.9 years respectively.
Key information
Max Strandwitz
Chief executive officer
kr6.6m
Total compensation
| CEO salary percentage | 64.4% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.5% |
| Management average tenure | 3.5yrs |
| Board average tenure | 3.9yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | kr141m |
| Dec 31 2022 | kr7m | kr4m | kr175m |
| Sep 30 2022 | n/a | n/a | kr235m |
| Jun 30 2022 | n/a | n/a | kr295m |
| Mar 31 2022 | n/a | n/a | kr271m |
| Dec 31 2021 | kr8m | kr4m | kr255m |
| Sep 30 2021 | n/a | n/a | kr235m |
| Jun 30 2021 | n/a | n/a | kr188m |
| Mar 31 2021 | n/a | n/a | kr149m |
| Dec 31 2020 | kr4m | kr3m | kr129m |
| Sep 30 2020 | n/a | n/a | kr100m |
| Jun 30 2020 | n/a | n/a | kr74m |
| Mar 31 2020 | n/a | n/a | kr87m |
| Dec 31 2019 | kr5m | kr2m | kr85m |
Compensation vs Market: Max's total compensation ($USD604.90K) is below average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Max's compensation has been consistent with company performance over the past year.
CEO
Max Strandwitz (48 yo)
4.3yrs
Tenure
kr6,571,000
Compensation
Mr. Max Strandwitz has been Chief Executive Officer of MIPS AB (publ) since May 10, 2019 and also serves as its President. Mr. Strandwitz served as Chief Financial Officer of Operations at Cloetta AB and F...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 4.3yrs | kr6.57m | 0.47% SEK 5.3m | |
| Chief Financial Officer | 2.8yrs | no data | 0.0011% SEK 12.0k | |
| Chief of Operations | less than a year | no data | no data | |
| Acting CTO & Head of Product Development | 1.6yrs | no data | 0.00050% SEK 5.6k | |
| Chief Marketing Officer | 4.6yrs | no data | 0.0018% SEK 20.0k | |
| Advisor | 4.3yrs | kr5.69m | no data |
3.5yrs
Average Tenure
47.5yo
Average Age
Experienced Management: MPZA.F's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 1.3yrs | kr230.00k | 0.0015% SEK 17.2k | |
| Independent Director | 5.6yrs | kr382.00k | 0.0061% SEK 68.5k | |
| Independent Chairman of the Board | 7.6yrs | kr608.00k | 0.19% SEK 2.2m | |
| Independent Director | 11.6yrs | kr278.00k | 0.13% SEK 1.4m | |
| Independent Director | 1.3yrs | kr183.00k | 0.0023% SEK 25.7k | |
| Independent Director | 2.3yrs | kr275.00k | 0.040% SEK 449.5k |
3.9yrs
Average Tenure
56yo
Average Age
Experienced Board: MPZA.F's board of directors are considered experienced (3.9 years average tenure).