DNO's CEO is Chris Spencer, appointed in Sep 2023, has a tenure of 2.67 years. total yearly compensation is $2.26M, comprised of 30.8% salary and 69.2% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth €112.91K. The average tenure of the management team and the board of directors is 3.8 years and 3.9 years respectively.
Key information
Chris Spencer
Chief executive officer
US$2.3m
Total compensation
CEO salary percentage
30.77%
CEO tenure
2.7yrs
CEO ownership
0.006%
Management average tenure
3.8yrs
Board average tenure
3.9yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Chris Spencer's remuneration changed compared to DNO's earnings?
Date
Total Compensation
Salary
Company Earnings
Mar 31 2026
n/a
n/a
-US$5m
Dec 31 2025
US$2m
US$696k
-US$48m
Sep 30 2025
n/a
n/a
-US$102m
Jun 30 2025
n/a
n/a
-US$91m
Mar 31 2025
n/a
n/a
-US$47m
Dec 31 2024
US$922k
US$649k
-US$27m
Sep 30 2024
n/a
n/a
US$75m
Jun 30 2024
n/a
n/a
US$1m
Mar 31 2024
n/a
n/a
-US$52m
Dec 31 2023
US$1m
US$583k
US$19m
Sep 30 2023
n/a
n/a
US$57m
Jun 30 2023
n/a
n/a
US$241m
Mar 31 2023
n/a
n/a
US$332m
Dec 31 2022
US$902k
US$579k
US$385m
Sep 30 2022
n/a
n/a
US$407m
Jun 30 2022
n/a
n/a
US$309m
Mar 31 2022
n/a
n/a
US$293m
Dec 31 2021
US$746k
US$577k
US$204m
Sep 30 2021
n/a
n/a
US$79m
Jun 30 2021
n/a
n/a
-US$75m
Mar 31 2021
n/a
n/a
-US$195m
Dec 31 2020
US$696k
US$476k
-US$286m
Sep 30 2020
n/a
n/a
-US$175m
Jun 30 2020
n/a
n/a
-US$149m
Mar 31 2020
n/a
n/a
-US$17m
Dec 31 2019
US$610k
US$469k
US$74m
Compensation vs Market: Chris's total compensation ($USD2.26M) is about average for companies of similar size in the German market ($USD1.92M).
Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.
CEO
Chris Spencer
2.7yrs
Tenure
US$2,261,600
Compensation
Mr. Christopher Spencer, also known as Chris, served as Chief Operating Officer at DNO ASA since July 12, 2021 and serves as its Managing Director since September 07, 2023. He served as Deputy Managing Dir...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Bijan Mossavar-Rahmani
Executive Chairman
15.2yrs
US$2.34m
12.89% € 224.6m
Christopher Spencer
Managing Director
2.7yrs
US$2.26m
0.0065% € 112.9k
Birgitte Johansen
Chief Financial Officer
less than a year
US$406.92k
no data
Erling Synnes
Chief Information Officer
no data
US$578.50k
no data
Geir Skau
Chief Human Resources & Corporate Services Officer
7.3yrs
US$1.08m
0.010% € 178.8k
Tonje Gormley
General Counsel of Middle East
7.3yrs
US$1.15m
0.0019% € 33.6k
Linn Hoel
Chief Commercial Officer
no data
US$595.20k
0.019% € 330.0k
Erlend Einum
Chief Business Development Officer
no data
US$693.40k
0.020% € 352.7k
Halvor Engebretsen
Managing Director DNO Norge AS
no data
US$357.10k
no data
Sameh Hanna
General Manager of Kurdistan Region of Iraq
3.8yrs
US$1.26m
no data
Elisabeth Femsteinevik
General Manager of North Sea
no data
US$450.00k
0.013% € 232.8k
Gudmund Hartveit
Manager of Corporate Development & IR
no data
no data
no data
3.8yrs
Average Tenure
Experienced Management: NK1's management team is considered experienced (3.8 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Bijan Mossavar-Rahmani
Executive Chairman
15.2yrs
US$2.34m
12.89% € 224.6m
Gunnar Hirsti
Independent Deputy Chairman of the Board
18.5yrs
US$161.20k
0.036% € 625.5k
Elin Karfjell
Independent Director
10.9yrs
US$128.70k
0.0034% € 58.9k
Anita Marie Aarnaes
Independent Director
3.9yrs
US$128.70k
no data
Ferris Hussein
Independent Director
less than a year
US$46.70k
no data
Grethe Moen
Independent Director
less than a year
US$45.30k
no data
Najmedin Meshkati
Independent Director
2.9yrs
US$133.50k
no data
3.9yrs
Average Tenure
68yo
Average Age
Experienced Board: NK1's board of directors are considered experienced (3.9 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/24 23:19
End of Day Share Price
2026/05/22 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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.
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 Github.
Analyst Sources
DNO ASA is covered by 21 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.