Aker BP Management
Management criteria checks 4/4
Aker BP's CEO is Karl Hersvik, appointed in May 2014, has a tenure of 12.08 years. total yearly compensation is $1.50M, comprised of 61.5% salary and 38.5% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth CHF447.34K. The average tenure of the management team and the board of directors is 3.8 years and 6.4 years respectively.
Key information
Karl Hersvik
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 61.46% |
| CEO tenure | 12.1yrs |
| CEO ownership | 0.002% |
| Management average tenure | 3.8yrs |
| Board average tenure | 6.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$574m |
| Dec 31 2025 | n/a | n/a | US$132m |
| Sep 30 2025 | n/a | n/a | US$839m |
| Jun 30 2025 | n/a | n/a | US$727m |
| Mar 31 2025 | n/a | n/a | US$2b |
| Dec 31 2024 | US$1m | US$920k | US$2b |
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$1m | US$899k | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$4m | US$967k | US$2b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$2m | US$929k | US$828m |
| Sep 30 2021 | n/a | n/a | US$616m |
| Jun 30 2021 | n/a | n/a | US$491m |
| Mar 31 2021 | n/a | n/a | US$506m |
| Dec 31 2020 | US$2m | US$830k | US$45m |
| Sep 30 2020 | n/a | n/a | US$27m |
| Jun 30 2020 | n/a | n/a | -US$97m |
| Mar 31 2020 | n/a | n/a | -US$204m |
| Dec 31 2019 | US$1m | US$826k | US$141m |
Compensation vs Market: Karl's total compensation ($USD1.50M) is below average for companies of similar size in the Swiss market ($USD6.03M).
Compensation vs Earnings: Karl's compensation has been consistent with company performance over the past year.
CEO
Karl Hersvik (54 yo)
Mr. Karl Johnny Hersvik is Independent Director of Ørsted A/S from April 9, 2026. Mr. Hersvik serves as Chairman of the Board at Aker Clean Hydrogen AS. He has been the Chief Executive Officer of Aker BP A...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 12.1yrs | US$1.50m | 0.0025% CHF 447.3k | |
| Chief Financial Officer | 7.3yrs | US$714.00k | 0.0045% CHF 823.8k | |
| Chief Operating Officer | 3.7yrs | US$684.00k | 0.00097% CHF 176.4k | |
| Chief Information Officer | 2.3yrs | US$500.00k | 0.0010% CHF 185.5k | |
| Senior Vice President of People and Safety | 3.7yrs | US$511.00k | 0.0020% CHF 356.4k | |
| Senior Vice President of Drilling & Wells | 10.4yrs | US$591.00k | 0.00038% CHF 69.1k | |
| Senior Vice President of Valhall | 3.7yrs | US$569.00k | 0.0042% CHF 760.1k | |
| Senior Vice President of Projects | 6.9yrs | US$582.00k | 0.0014% CHF 249.1k | |
| Senior Vice President of Alvheim | 3.7yrs | US$505.00k | 0.0016% CHF 291.0k | |
| Senior Vice President- NOAKA | 5.8yrs | US$598.00k | 0.0022% CHF 396.4k | |
| Chief Digital Officer | 3.9yrs | US$629.00k | 0.00046% CHF 83.6k | |
| Senior Vice President of Edvard Grieg and Ivar Aasen | 3.7yrs | US$992.00k | no data |
Experienced Management: ARC's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Shareholder-Elected Director | 4yrs | US$41.00k | 0.13% CHF 24.5m | |
| Director | 13.2yrs | US$28.00k | no data | |
| Chairman of the Board | 10.3yrs | US$92.00k | no data | |
| Independent Director | 10.3yrs | US$62.00k | no data | |
| Independent Deputy Chair of the Board | 13.2yrs | US$62.00k | 0.0019% CHF 347.3k | |
| Director | 9.8yrs | no data | no data | |
| Employee Representative Director | 7.8yrs | US$20.00k | 0.00034% CHF 61.8k | |
| Employee Representative Director | 4.9yrs | US$20.00k | 0.00059% CHF 107.3k | |
| Employee Representative Director | 3.4yrs | US$23.00k | no data | |
| Director | 2.2yrs | no data | no data | |
| Employee-Elected Director | 1.4yrs | no data | 0.00072% CHF 130.9k | |
| Employee-Elected Director | 1.4yrs | no data | 0.00038% CHF 69.1k |
Experienced Board: ARC's board of directors are considered experienced (6.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/14 17:38 |
| End of Day Share Price | 2026/06/08 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Aker BP ASA is covered by 28 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Lydia Rainforth | Barclays |
| James Hosie | Barclays |