MPC Container Ships ASA

OTCPK:MPZZ.F Stock Report

Market Cap: US$1.0b

MPC Container Ships Management

Management criteria checks 2/4

MPC Container Ships' CEO is Constantin Baack, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $1.00M, comprised of 23.7% salary and 76.3% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth $153.81K. The average tenure of the management team and the board of directors is 1.9 years and 6.8 years respectively.

Key information

Constantin Baack

Chief executive officer

US$1.0m

Total compensation

CEO salary percentage23.7%
CEO tenureless than a year
CEO ownership0.01%
Management average tenure1.9yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Constantin Baack's remuneration changed compared to MPC Container Ships's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$245m

Mar 31 2024n/an/a

US$282m

Dec 31 2023US$1mUS$238k

US$325m

Sep 30 2023n/an/a

US$393m

Jun 30 2023n/an/a

US$449m

Mar 31 2023n/an/a

US$438m

Dec 31 2022US$549kUS$233k

US$435m

Sep 30 2022n/an/a

US$459m

Jun 30 2022n/an/a

US$381m

Mar 31 2022n/an/a

US$303m

Dec 31 2021US$6mUS$171k

US$190m

Sep 30 2021n/an/a

US$44m

Jun 30 2021n/an/a

-US$21m

Mar 31 2021n/an/a

-US$50m

Dec 31 2020US$338kUS$180k

-US$64m

Sep 30 2020n/an/a

-US$60m

Jun 30 2020n/an/a

-US$54m

Mar 31 2020n/an/a

-US$43m

Dec 31 2019US$322kUS$173k

-US$40m

Sep 30 2019n/an/a

-US$31m

Jun 30 2019n/an/a

-US$18m

Mar 31 2019n/an/a

-US$10m

Dec 31 2018US$446kUS$298k

-US$2m

Compensation vs Market: Constantin's total compensation ($USD1.00M) is below average for companies of similar size in the US market ($USD3.21M).

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

CEO

Constantin Baack

less than a year

Tenure

US$1,002,946

Compensation

Mr. Constantin Baack has been Member of Management Board at MPC M nchmeyer Petersen Capital AG since April 1, 2015 and serves as Chief Executive Officer and Chairman of Management Board since June 13, 2024...

Leadership Team

NamePositionTenureCompensationOwnership
Constantin Baack
Chief Executive Officerless than a yearUS$1.00m0.015%
$ 153.8k
Moritz Fuhrmann
Co-CEO & CFO1.9yrsUS$197.59kno data
Christian Rychly
Chief Operating Officer1.8yrsno datano data
Pal Saetre
Executive VP & GM of Norway3.4yrsno datano data

1.9yrs

Average Tenure

Experienced Management: MPZZ.F's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Axel Schroeder
Director7.5yrsUS$50.00k15.78%
$ 163.2m
Ulf Hollander
Chairman of the Board7.6yrsUS$90.00k0.037%
$ 386.1k
Ellen Hanetho
Independent Director6.8yrsUS$50.00k0.014%
$ 139.8k
Peter Frederiksen
Independent Director2.8yrsUS$50.00k0.045%
$ 466.3k
Pia Meling
Independent Director1.9yrsUS$50.00kno data

6.8yrs

Average Tenure

60yo

Average Age

Experienced Board: MPZZ.F's board of directors are considered experienced (6.8 years average tenure).