Aker Carbon Capture Management
Management criteria checks 2/4
Aker Carbon Capture's CEO is Egil Fagerland, appointed in Jul 2023, has a tenure of less than a year. total yearly compensation is NOK4.96M, comprised of 53.5% salary and 46.5% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth €19.60K. The average tenure of the management team and the board of directors is 1.1 years and 3.1 years respectively.
Key information
Egil Fagerland
Chief executive officer
kr5.0m
Total compensation
| CEO salary percentage | 53.5% |
| CEO tenure | less than a year |
| CEO ownership | 0.005% |
| Management average tenure | 1.1yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -kr189m |
| Dec 31 2023 | kr5m | kr3m | -kr171m |
| Sep 30 2023 | n/a | n/a | -kr178m |
| Jun 30 2023 | n/a | n/a | -kr190m |
| Mar 31 2023 | n/a | n/a | -kr193m |
| Dec 31 2022 | kr3m | kr2m | -kr204m |
| Sep 30 2022 | n/a | n/a | -kr226m |
| Jun 30 2022 | n/a | n/a | -kr230m |
| Mar 31 2022 | n/a | n/a | -kr228m |
| Dec 31 2021 | kr2m | kr1m | -kr192m |
Compensation vs Market: Egil's total compensation ($USD454.45K) is below average for companies of similar size in the German market ($USD996.02K).
Compensation vs Earnings: Egil's compensation has increased whilst the company is unprofitable.
CEO
Egil Fagerland
less than a year
Tenure
kr4,957,000
Compensation
Mr. Egil Fagerland has been Chief Executive Officer at Aker Carbon Capture ASA since July 11, 2023 and served as Chief Financial Officer since April 1, 2021 until July 11, 2023 . Mr. Fagerland was employed...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | less than a year | kr4.96m | 0.0054% NOK 19.6k | |
| Chief Financial Officer | less than a year | kr460.00k | no data | |
| Chief Operating Officer | 1.3yrs | kr4.06m | 0.0030% NOK 10.9k | |
| General Counsel | no data | kr3.17m | 0.0015% NOK 5.6k | |
| Chief Commercial Officer | no data | kr4.05m | 0.012% NOK 42.0k | |
| Chief of Staff | 1.3yrs | kr3.56m | 0.0055% NOK 19.8k | |
| Head of Group Controlling | less than a year | kr1.94m | no data | |
| Head of Capital Markets & New Market Strategy | 1.3yrs | no data | 0.011% NOK 40.3k |
1.1yrs
Average Tenure
Experienced Management: 606's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 3.1yrs | kr532.00k | no data | |
| Independent Director | 3.7yrs | kr336.00k | 0.0016% NOK 6.0k | |
| Non-Independent Chairman | 4.3yrs | kr651.00k | no data | |
| Employee Representative Director | 2.1yrs | kr336.00k | no data | |
| Independent Director | 2.9yrs | kr450.00k | 0.0032% NOK 11.7k | |
| Non-Independent Director | 3.7yrs | kr336.00k | no data | |
| Independent Director | 2.1yrs | kr336.00k | no data |
3.1yrs
Average Tenure
59yo
Average Age
Experienced Board: 606's board of directors are considered experienced (3.1 years average tenure).