Arendals Fossekompani ASA

DB:5VZ Stock Report

Market Cap: €710.4m

Arendals Fossekompani Management

Management criteria checks 2/4

Arendals Fossekompani's CEO is Benjamin Golding, appointed in May 2023, has a tenure of 1.5 years. total yearly compensation is NOK3.89M, comprised of 62.6% salary and 37.4% bonuses, including company stock and options. directly owns 0.093% of the company’s shares, worth €659.45K. The average tenure of the management team and the board of directors is 1.5 years and 3 years respectively.

Key information

Benjamin Golding

Chief executive officer

NOK 3.9m

Total compensation

CEO salary percentage62.6%
CEO tenure1.5yrs
CEO ownership0.09%
Management average tenure1.5yrs
Board average tenure3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Benjamin Golding's remuneration changed compared to Arendals Fossekompani's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 243m

Jun 30 2024n/an/a

NOK 247m

Mar 31 2024n/an/a

-NOK 13m

Dec 31 2023NOK 4mNOK 2m

NOK 33m

Compensation vs Market: Benjamin's total compensation ($USD351.68K) is below average for companies of similar size in the German market ($USD1.47M).

Compensation vs Earnings: Insufficient data to compare Benjamin's compensation with company performance.


CEO

Benjamin Golding (44 yo)

1.5yrs

Tenure

NOK 3,892,000

Compensation

Mr. Benjamin Kristoffer Golding serves as Chairman of the Board at Volue Technology AS since April 2023. He served as Group Executive Vice President of Products and Innovation at DNB Bank ASA since 2022 un...


Leadership Team

NamePositionTenureCompensationOwnership
Benjamin Golding
Chief Executive Officer1.5yrsNOK 3.89m0.093%
€ 659.4k
Lars Fensli
Executive VP & CFO7.4yrsNOK 4.30m0.059%
€ 419.8k
Torkil Mogstad
Executive Vice President1.5yrsNOK 2.92m0.027%
€ 194.2k
Ingunn Ettestol
Chief Sustainability Officer2.8yrsNOK 2.48m0.035%
€ 251.0k
Hakon Tanem
Executive Vice President1.1yrsNOK 2.64m0.10%
€ 726.3k
Ann-Kari Heier
Executive Vice Presidentless than a yearNOK 1.96m0.031%
€ 219.5k
Preben Nilsen
Head of Accountingno datano datano data
Sophie Barbier
Compliance & Sustainability Officerless than a yearno datano data
Hanne Watts
Vice President of Communication & Sustainabilityno datano datano data
Kari-Anne Slaaen
Vice President of People & Cultureno datano datano data
Thomas Eccard
Managing Director of Arendals Fosskompani Deutschland GmbHno datano datano data
Bjørn Petersen
Chief Executive Officer of EFD Inductionno dataNOK 3.07mno data

1.5yrs

Average Tenure

51yo

Average Age

Experienced Management: 5VZ's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Morten Bergesen
Independent Deputy Chairman20.5yrsNOK 458.00kno data
Trond Westlie
Independent Chair of the Board2.5yrsNOK 1.22mno data
Anne Dalane
Independent Director2.5yrsNOK 397.00k0.0018%
€ 12.9k
Erik Must
Independent Director3.5yrsNOK 114.00kno data
Lise Lindbäck
Independent Director2.5yrsNOK 376.00kno data
Arild Nysaether
Directorless than a yearNOK 160.00kno data
Didrik Vigsnæs
Independent Director8.5yrsNOK 386.00kno data
Stine Brenna
Independent Director4.2yrsNOK 443.00kno data

3.0yrs

Average Tenure

58yo

Average Age

Experienced Board: 5VZ's board of directors are considered experienced (3 years average tenure).