Hexagon Purus Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Morten Holum

Chief executive officer

NOK 9.0m

Total compensation

CEO salary percentage	34.5%
CEO tenure	4.3yrs
CEO ownership	0.09%
Management average tenure	4.3yrs
Board average tenure	no data

Recent management updates

Recent updates

CEO Compensation Analysis

How has Morten Holum's remuneration changed compared to Hexagon Purus's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-NOK 679m
Dec 31 2023	n/a	n/a	-NOK 673m
Sep 30 2023	n/a	n/a	-NOK 615m
Jun 30 2023	n/a	n/a	-NOK 489m
Mar 31 2023	n/a	n/a	-NOK 468m
Dec 31 2022	NOK 9m	NOK 3m	-NOK 432m
Sep 30 2022	n/a	n/a	-NOK 390m
Jun 30 2022	n/a	n/a	-NOK 419m
Mar 31 2022	n/a	n/a	-NOK 359m
Dec 31 2021	NOK 6m	NOK 3m	-NOK 345m
Sep 30 2021	n/a	n/a	-NOK 410m
Jun 30 2021	n/a	n/a	-NOK 356m
Mar 31 2021	n/a	n/a	-NOK 352m
Dec 31 2020	NOK 782k	NOK 738k	-NOK 308m

Compensation vs Market: Morten's total compensation ($USD840.37K) is about average for companies of similar size in the German market ($USD758.22K).

Compensation vs Earnings: Morten's compensation has increased whilst the company is unprofitable.

CEO

Morten Holum

4.3yrs

Tenure

NOK 8,975,000

Compensation

Mr. Morten Holum serves as Director at Hexagon Purus ASA. He serves as Chief Executive Officer and President of Hexagon Purus of Hexagon Composites ASA since March 2020. He served as a Chief Operating Offi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Morten Holum	President	4.3yrs	NOK 8.98m	0.095% NOK 171.3k
Salman Alam	Chief Financial Officer	1.3yrs	NOK 5.62m	0.025% NOK 44.6k
Heiko Chudzick	Executive Vice President Operations	2.4yrs	NOK 4.78m	0.0075% NOK 13.5k
Frank Haeberli	Executive Vice President of Asia	4.4yrs	NOK 4.10m	0.055% NOK 99.6k
Dilip Warrier	Executive Vice President of Strategic Projects	1.3yrs	NOK 5.39m	0.022% NOK 39.2k
Michael Kleschinski	Executive Vice President of Light Duty	4.3yrs	NOK 5.75m	0.059% NOK 106.4k
Todd Sloan	Executive Vice President of Systems	5.3yrs	NOK 5.22m	0.050% NOK 89.8k
Anne Hjelseth	Executive Vice President People & Culture	no data	NOK 4.89m	0.015% NOK 27.0k
Mathias Meidell	Director of Investor Relations	no data	no data	no data
Eli Turander	Global Communications Director	no data	no data	no data

4.3yrs

Average Tenure

Experienced Management: 0QJ's management team is considered experienced (4.3 years average tenure).

Hexagon Purus Management

Management criteria checks 2/4

Key information

Recent management updates

Hexagon Purus ASA, Annual General Meeting, Apr 16, 2024

No independent directors

Hexagon Purus ASA Announces Jannicke Hilland Steps Down as Member of Board of Directors

No independent directors

Director recently bought €81k worth of stock

Recent updates

New major risk - Financial position

New minor risk - Profitability

First quarter 2024 earnings released: kr0.58 loss per share (vs kr0.56 loss in 1Q 2023)

Hexagon Purus ASA Provides Revenue Guidance for the Full Year 2024

Full year 2023 earnings released: kr2.43 loss per share (vs kr1.67 loss in FY 2022)

Full year 2023 earnings released: kr2.43 loss per share (vs kr1.67 loss in FY 2022)

Hexagon Purus ASA Provides Earnings Guidance for the Year 2024

Hexagon Purus ASA, Annual General Meeting, Apr 16, 2024

Third quarter 2023 earnings released: kr0.70 loss per share (vs kr0.27 loss in 3Q 2022)

New major risk - Revenue and earnings growth

New major risk - Share price stability

Second quarter 2023 earnings released: kr0.52 loss per share (vs kr0.48 loss in 2Q 2022)

Full year 2022 earnings released: kr1.67 loss per share (vs kr1.48 loss in FY 2021)

Hexagon Purus ASA Provides Earnings Guidance for the Full-Year 2023

Hexagon Purus ASA to Report Q4, 2023 Results on Feb 13, 2024

No independent directors

Third quarter 2022 earnings released: kr0.27 loss per share (vs kr0.47 loss in 3Q 2021)

Second quarter 2022 earnings released: kr0.48 loss per share (vs kr0.28 loss in 2Q 2021)

Hexagon Composites ASA (OB:HEX) and Hexagon Purus ASA (OB:HPUR) completed the acquisition of 40% stake in Liquid (Renewable) Natural Gas (LNG) and Liquid Hydrogen (LH2) Business from Cryoshelter Gmbh.

Hexagon Purus ASA Announces Jannicke Hilland Steps Down as Member of Board of Directors

First quarter 2022 earnings released: kr0.46 loss per share (vs kr0.46 loss in 1Q 2021)

No independent directors

Hexagon Composites ASA (OB:HEX) and Hexagon Purus ASA (OB:HPUR) signed an agreement to acquire a 40% stake in Liquid (Renewable) Natural Gas (LNG) and Liquid Hydrogen (LH2) Business from Cryoshelter Gmbh for €6 million.

Hexagon Composites ASA (OB:HEX) and Hexagon Purus ASA (OB:HPUR) signed an agreement to acquire a 40% stake in Liquid (Renewable) Natural Gas (LNG) and Liquid Hydrogen (LH2) Business from Cryoshelter Gmbh for €6 million.

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Hexagon Purus ASA has completed a Follow-on Equity Offering in the amount of SEK 599.999999 million.

Second quarter 2021 earnings released: kr0.28 loss per share (vs kr181 loss in 2Q 2020)

Director recently bought €81k worth of stock

Hexagon Purus Signs Joint Venture Agreements with CIMC Enric for Zero Emission Hydrogen Vehicle and Distribution Market

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure