DNO Management
Management criteria checks 3/4
DNO's CEO is Chris Spencer, appointed in Jul 2021, has a tenure of 3.33 years. total yearly compensation is $1.17M, comprised of 50% salary and 50% bonuses, including company stock and options. directly owns 0.057% of the company’s shares, worth €488.86K. The average tenure of the management team and the board of directors is 5.8 years and 9.4 years respectively.
Key information
Chris Spencer
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 50.0% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.06% |
| Management average tenure | 5.8yrs |
| Board average tenure | 9.4yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Sep 30 2019 | n/a | n/a | US$253m |
| Jun 30 2019 | n/a | n/a | US$413m |
| Mar 31 2019 | n/a | n/a | US$387m |
| Dec 31 2018 | US$581k | US$441k | US$354m |
| Sep 30 2018 | n/a | n/a | US$155m |
| Jun 30 2018 | n/a | n/a | US$554m |
| Mar 31 2018 | n/a | n/a | US$499m |
| Dec 31 2017 | US$404k | US$255k | US$495m |
Compensation vs Market: Chris's total compensation ($USD1.17M) is about average for companies of similar size in the German market ($USD1.46M).
Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.
CEO
Chris Spencer
3.3yrs
Tenure
US$1,166,400
Compensation
Mr. Christopher Spencer, also known as Chris, serves 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 |
|---|---|---|---|---|
| Executive Chairman | 13.7yrs | US$1.33m | 12.89% € 110.3m | |
| MD & COO | 3.3yrs | US$1.17m | 0.057% € 488.9k | |
| Chief Financial Officer | 23.8yrs | US$827.70k | 0.034% € 291.4k | |
| Chief Human Resources & Corporate Services Officer | 5.8yrs | US$821.00k | 0.033% € 282.7k | |
| General Manager of Kurdistan Region of Iraq | 2.3yrs | US$706.60k | no data | |
| Manager of Corporate Development & IR | no data | no data | no data | |
| Communication Manager | no data | no data | no data | |
| Chief Petroleum Engineer & Petroleum Technology Department Manager | no data | no data | no data | |
| General Counsel of Middle East | 5.8yrs | US$563.90k | no data | |
| Chief Commercial Officer | no data | no data | no data | |
| Chief Business Development Officer | no data | no data | no data |
5.8yrs
Average Tenure
Experienced Management: NK1's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 13.7yrs | US$1.33m | 12.89% € 110.3m | |
| Independent Deputy Chairman of the Board | 17yrs | US$95.40k | 0.036% € 307.1k | |
| Independent Director | 9.4yrs | US$74.80k | 0.0034% € 28.9k | |
| Director | 2.4yrs | US$74.80k | no data | |
| Director | 1.4yrs | US$40.50k | no data |
9.4yrs
Average Tenure
71yo
Average Age
Experienced Board: NK1's board of directors are considered experienced (9.4 years average tenure).