Prosafe Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Terje Askvig

Chief executive officer

US$576.0k

Total compensation

CEO salary percentage14.9%
CEO tenure1.1yrs
CEO ownershipn/a
Management average tenure1.4yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Terje Askvig's remuneration changed compared to Prosafe's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$45m

Jun 30 2024n/an/a

-US$39m

Mar 31 2024n/an/a

-US$55m

Dec 31 2023US$576kUS$86k

-US$68m

Compensation vs Market: Terje's total compensation ($USD576.00K) is about average for companies of similar size in the German market ($USD469.36K).

Compensation vs Earnings: Insufficient data to compare Terje's compensation with company performance.


CEO

Terje Askvig (60 yo)

1.1yrs

Tenure

US$576,000

Compensation

Mr. Terje Askvig is Chief Executive Officer of Prosafe SE from November 01, 2023. Mr. Askvig is Senior Industry Expert at Triton. Mr. Askvig focuses on industrials and business services sectors at Triton....


Leadership Team

NamePositionTenureCompensationOwnership
Terje Askvig
Chief Executive Officer1.1yrsUS$576.00kno data
Reese McNeel
Chief Financial Officer2.3yrsUS$472.00kno data
Ryan Stewart
Chief Commercial Officer1.4yrsUS$454.00kno data
Claudio Pereira
Chief Operating Officer1.4yrsno datano data
Andrew Manson
Chief Technical Officer1.4yrsno datano data
Eirik Fjelde
Chief Information Officer1.4yrsno datano data
Cecilie Ouff
Senior Manager of Finance & Investor Relations11.5yrsno datano data
Dawn Penny
HR & Crewing Director1.3yrsno datano data
Alfredo Passos
Managing Director Brazilless than a yearno datano data
Elena Hajiroussou
Secretaryno datano datano data

1.4yrs

Average Tenure

51.5yo

Average Age

Experienced Management: 1Q6's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Birgit Aagaard-Svendsen
Independent Non-Executive Director7.8yrsUS$100.00k0.000020%
€ 2.1
Nina Udnes Tronstad
Independent Non-Executive Director5.6yrsUS$84.00k0.043%
€ 4.5k
Glen Rodland
Independent Non-Executive Chairman8.6yrsUS$112.00kno data
Gunnar Eliassen
Deputy Chairless than a yearno datano data
Halvard Idland
Independent Non-Executive Director1.1yrsUS$77.00kno data

5.6yrs

Average Tenure

60yo

Average Age

Experienced Board: 1Q6's board of directors are considered experienced (5.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 14:02
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Prosafe SE is covered by 19 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John A. OlaisenABG Sundal Collier
Wim GilleABN AMRO Bank N.V.
Kjetil GarstadArctic Securities ASA