AF Gruppen Management
Management criteria checks 2/4
AF Gruppen's CEO is Amund Tøftum, appointed in Aug 2020, has a tenure of 3.67 years. total yearly compensation is NOK12.02M, comprised of 33.7% salary and 66.3% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth €1.71M. The average tenure of the management team and the board of directors is 3.8 years and 1.9 years respectively.
Key information
Amund Tøftum
Chief executive officer
kr12.0m
Total compensation
CEO salary percentage | 33.7% |
CEO tenure | 3.7yrs |
CEO ownership | 0.1% |
Management average tenure | 3.8yrs |
Board average tenure | 1.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | kr402m |
Sep 30 2023 | n/a | n/a | kr596m |
Jun 30 2023 | n/a | n/a | kr705m |
Mar 31 2023 | n/a | n/a | kr806m |
Dec 31 2022 | kr12m | kr4m | kr958m |
Sep 30 2022 | n/a | n/a | kr1b |
Jun 30 2022 | n/a | n/a | kr1b |
Mar 31 2022 | n/a | n/a | kr1b |
Dec 31 2021 | kr9m | kr4m | kr1b |
Sep 30 2021 | n/a | n/a | kr1b |
Jun 30 2021 | n/a | n/a | kr1b |
Mar 31 2021 | n/a | n/a | kr1b |
Dec 31 2020 | kr6m | kr2m | kr971m |
Sep 30 2020 | n/a | n/a | kr767m |
Jun 30 2020 | n/a | n/a | kr749m |
Mar 31 2020 | n/a | n/a | kr840m |
Dec 31 2019 | kr5m | kr2m | kr854m |
Sep 30 2019 | n/a | n/a | kr899m |
Jun 30 2019 | n/a | n/a | kr886m |
Mar 31 2019 | n/a | n/a | kr782m |
Dec 31 2018 | kr4m | kr2m | kr772m |
Sep 30 2018 | n/a | n/a | kr727m |
Jun 30 2018 | n/a | n/a | kr647m |
Mar 31 2018 | n/a | n/a | kr667m |
Dec 31 2017 | kr5m | kr2m | kr621m |
Compensation vs Market: Amund's total compensation ($USD1.09M) is below average for companies of similar size in the German market ($USD1.62M).
Compensation vs Earnings: Amund's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Amund Tøftum (45 yo)
3.7yrs
Tenure
kr12,021,000
Compensation
Mr. Amund Tøftum serves as Chief Executive Officer of AF Gruppen ASA since August 24, 2020. Mr. Tøftum has served as Executive Vice President of Offshore at AF Gruppen ASA since January 1, 2016 until Augus...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | 3.7yrs | kr12.02m | 0.13% NOK 1.7m | |
Executive VP & CFO | 1.6yrs | kr1.69m | 0.033% NOK 416.2k | |
Executive Vice President of Sweden | 5.3yrs | kr6.13m | 0.18% NOK 2.2m | |
Executive Vice President of Construction | 3.6yrs | kr5.40m | 0.058% NOK 731.5k | |
Executive Vice President of Environment & Energy | 8.3yrs | kr5.89m | 0.036% NOK 453.3k | |
Executive Vice President of Civil Engineering & Property | 5.1yrs | kr6.12m | 0.0021% NOK 26.9k | |
Executive Vice President of Offshore | 1.6yrs | kr1.88m | 0.033% NOK 417.2k | |
Communication Director | no data | no data | 0.0079% NOK 100.6k | |
Chief Underwriting Officer | 3.8yrs | no data | no data |
3.8yrs
Average Tenure
47yo
Average Age
Experienced Management: AF8's management team is considered experienced (3.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Director | 11.9yrs | kr389.00k | no data | |
Chairman of the Board | less than a year | kr11.73m | 0.023% NOK 293.0k | |
Director | no data | kr275.00k | no data | |
Director | 7.9yrs | kr404.00k | no data | |
Director | 2.9yrs | kr389.00k | no data | |
Director | no data | kr275.00k | 0.027% NOK 340.0k | |
Director | 1.9yrs | no data | no data | |
Director | 1.9yrs | no data | 0.0028% NOK 36.0k | |
Director | less than a year | no data | no data | |
Director | 1.9yrs | no data | 0.0047% NOK 59.2k |
1.9yrs
Average Tenure
50.5yo
Average Age
Experienced Board: AF8's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.