FREYR Battery Management
Management criteria checks 0/4
FREYR Battery's CEO is Birger Steen, appointed in Aug 2023, has a tenure of less than a year. directly owns 0.043% of the company’s shares, worth €83.66K. The average tenure of the management team and the board of directors is 1.3 years and 1.2 years respectively.
Key information
Birger Steen
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | less than a year |
| CEO ownership | 0.04% |
| Management average tenure | 1.3yrs |
| Board average tenure | 1.2yrs |
Recent management updates
Recent updates
CEO
Birger Steen (57 yo)
less than a year
Tenure
Mr. Birger K. Steen serves as Industrial Advisor at Summa Equity AB. He is Director of FREYR Battery from August 9, 2023 and serves as its Chief Executive Officer from August 21, 2023. He serves as an Advi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | less than a year | US$1.00m | 1.14% € 2.2m | |
| Co-Founder & Director | no data | US$936.84k | 0.85% € 1.6m | |
| Group Chief Financial Officer | 1.9yrs | US$2.62m | 0.043% € 83.7k | |
| Chief Operating Officer | 3.2yrs | US$864.57k | 0.0064% € 12.5k | |
| Executive VP of Global Corporate Development & President of FREYR Battery U.S. | 1.3yrs | US$488.03k | no data | |
| CEO & Director | less than a year | no data | 0.043% € 83.7k | |
| Chief Accounting Officer | less than a year | no data | no data | |
| Chief Technology Officer | less than a year | no data | 0.00086% € 1.7k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Legal Officer | 3.3yrs | no data | no data | |
| Head of Global Commuication | less than a year | no data | no data | |
| Executive Vice President of Sales | 2.9yrs | no data | no data |
1.3yrs
Average Tenure
52yo
Average Age
Experienced Management: T2T's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | less than a year | US$1.00m | 1.14% € 2.2m | |
| Co-Founder & Director | 4.8yrs | US$936.84k | 0.85% € 1.6m | |
| CEO & Director | less than a year | no data | 0.043% € 83.7k | |
| Independent Director | 2.7yrs | US$488.03k | 0% € 0 | |
| Independent Director | 2.7yrs | US$493.03k | 0.34% € 662.2k | |
| Independent Director | 1.3yrs | no data | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.2yrs | no data | no data |
1.2yrs
Average Tenure
52yo
Average Age
Experienced Board: T2T's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/03/27 17:35 |
| End of Day Share Price | 2023/12/29 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
FREYR Battery, Inc. is covered by 9 analysts. 3 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 |
|---|---|
| Julien Dumoulin-Smith | BofA Global Research |
| Gregory Lewis | BTIG |
| Maheep Mandloi | Credit Suisse |