Nel ASA

DB:D7GA Stock Report

Market Cap: €428.9m

Nel Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Hakon Volldal

Chief executive officer

NOK 5.2m

Total compensation

CEO salary percentage84.7%
CEO tenure2.3yrs
CEO ownershipn/a
Management average tenure3yrs
Board average tenure4.5yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has Hakon Volldal's remuneration changed compared to Nel's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-NOK 533m

Jun 30 2024n/an/a

-NOK 585m

Mar 31 2024n/an/a

-NOK 695m

Dec 31 2023NOK 5mNOK 4m

-NOK 855m

Sep 30 2023n/an/a

-NOK 1b

Jun 30 2023n/an/a

-NOK 1b

Mar 31 2023n/an/a

-NOK 1b

Dec 31 2022NOK 5mNOK 2m

-NOK 1b

Compensation vs Market: Hakon's total compensation ($USD465.29K) is below average for companies of similar size in the German market ($USD1.03M).

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

CEO

Hakon Volldal (48 yo)

2.3yrs

Tenure

NOK 5,154,000

Compensation

Mr. Hakon Rypern Volldal serves as Chief Executive Officer of Nel ASA since July 1, 2022. He joined the Nel ASA in July 2022. He served as President of Q-Free ASA since August 1, 2016 and had been its Chie...

Leadership Team

NamePositionTenureCompensationOwnership
Hakon Volldal
Chief Executive Officer2.3yrsNOK 5.15mno data
Kjell Bjornsen
Chief Financial Officer4.7yrsNOK 3.33m0.0012%
€ 5.1k
Marius Løken
Chief Technical Officer1.4yrsNOK 2.97mno data
Stein Erdal
Senior VP of Legal & General Counsel5.5yrsNOK 2.70mno data
Hans Hide
Chief Project Officer of Electrolyser5.7yrsNOK 2.55m0.0018%
€ 7.7k
Robert Borin
Senior Vice President of Fueling Division3.6yrsNOK 3.64mno data
Wilhelm Flinder
Head of Investor Relationsno datano datano data
Lars Nermoen
Head of Communicationsno datano datano data
Anne Liberg
Chief Human Resources Officerless than a yearno datano data
Tomas Tronstad
Managing Director of Hyonno datano datano data
Todd Cartwright
Chief Commercial Officerless than a yearno datano data
Leila Danielsen
Brand Managerno datano datano data

3.0yrs

Average Tenure

Experienced Management: D7GA's management team is considered experienced (3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ole Enger
Independent Chairman7.8yrsNOK 737.00k0.0089%
€ 38.3k
Arvid Moss
Independent Director1.6yrsNOK 234.00kno data
Charlotta Falvin
Independent Director4.5yrsNOK 446.00k0.0027%
€ 11.8k
Tom Rotjer
Independent Director4.5yrsNOK 366.00kno data
Beatriz de Molina
Independent Director7.8yrsNOK 481.00kno data
Jens Staff
Independent Director1.6yrsNOK 234.00kno data
Hanne Blume
Independent Director5.5yrsNOK 461.00kno data

4.5yrs

Average Tenure

58yo

Average Age

Experienced Board: D7GA's board of directors are considered experienced (4.5 years average tenure).