TGS Management

Management criteria checks 4/4

TGS' CEO is Kristian Johansen, appointed in Mar 2016, has a tenure of 8.17 years. total yearly compensation is $1.65M, comprised of 45.4% salary and 54.6% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth €1.80M. The average tenure of the management team and the board of directors is 3.8 years and 3 years respectively.

Key information

Kristian Johansen

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage	45.4%
CEO tenure	8.2yrs
CEO ownership	0.1%
Management average tenure	3.8yrs
Board average tenure	3yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has Kristian Johansen's remuneration changed compared to TGS's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$14m
Dec 31 2023	US$2m	US$747k	US$22m
Sep 30 2023	n/a	n/a	US$74m
Jun 30 2023	n/a	n/a	US$55m
Mar 31 2023	n/a	n/a	US$58m
Dec 31 2022	US$2m	US$587k	US$88m
Sep 30 2022	n/a	n/a	-US$32m
Jun 30 2022	n/a	n/a	-US$27m
Mar 31 2022	n/a	n/a	-US$68m
Dec 31 2021	US$1m	US$564k	-US$76m
Sep 30 2021	n/a	n/a	US$12m
Jun 30 2021	n/a	n/a	-US$62m
Mar 31 2021	n/a	n/a	-US$124m
Dec 31 2020	US$2m	US$532k	-US$167m
Sep 30 2020	n/a	n/a	-US$108m
Jun 30 2020	n/a	n/a	US$2m
Mar 31 2020	n/a	n/a	US$79m
Dec 31 2019	US$3m	US$571k	US$113m
Sep 30 2019	n/a	n/a	US$168m
Jun 30 2019	n/a	n/a	US$161m
Mar 31 2019	n/a	n/a	US$186m
Dec 31 2018	US$2m	US$558k	US$179m
Sep 30 2018	n/a	n/a	US$109m
Jun 30 2018	n/a	n/a	US$85m
Mar 31 2018	n/a	n/a	US$71m
Dec 31 2017	US$2m	US$528k	US$76m

Compensation vs Market: Kristian's total compensation ($USD1.65M) is about average for companies of similar size in the German market ($USD1.49M).

Compensation vs Earnings: Kristian's compensation has been consistent with company performance over the past year.

CEO

Kristian Johansen (52 yo)

8.2yrs

Tenure

US$1,646,000

Compensation

Mr. Kristian Kuvaas Johansen serves as Independent Director at Valaris Limited from June 7, 2023. He has been the Chief Executive Officer of TGS ASA (formerly known as TGS-NOPEC Geophysical Company ASA) si...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kristian Johansen	Chief Executive Officer	8.2yrs	US$1.65m	0.13% $ 1.8m
Sven Larsen	Chief Financial Officer	2.8yrs	US$585.00k	0.042% $ 565.8k
Tana Pool	Executive VP of Legal & General Counsel	11.3yrs	US$654.00k	0.041% $ 551.3k
Whitney Eaton	Executive Vice President of People & Sustainability	no data	US$452.00k	0.0042% $ 56.8k
Will Ashby	Chief Integration Officer	5.3yrs	US$583.00k	0.042% $ 569.1k
Jan Schoolmeesters	Executive Vice President of Digital Energy Solutions	no data	US$641.00k	0.043% $ 572.1k
David Hajovsky	Executive Vice President of Multi-Client	3.2yrs	US$571.00k	0.014% $ 181.3k
Carel Hooijkaas	Executive Vice President of Acquisition	1.3yrs	US$892.00k	0.025% $ 335.2k
Wadii Karkouri	Executive Vice President of Imaging & Technology	less than a year	no data	no data
Scott Michell	Senior VP of Imaging	4.3yrs	no data	no data
Jaclyn Townsend	Director of Corporate Marketing	no data	no data	no data

3.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: TGC0's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christopher Finlayson	Chairman of the Board	5yrs	US$174.00k	0.011% $ 143.0k
Luis Antonio Araujo	Independent Director	less than a year	US$41.00k	no data
Svein Oygard	Independent Director	3yrs	US$58.00k	0.050% $ 665.9k
Maurice Nessim	Independent Director	less than a year	US$41.00k	no data
Bettina Bachmann	Independent Director	less than a year	US$41.00k	no data
Irene Egset	Independent Director	5yrs	US$64.00k	no data
Grethe Moen	Independent Director	3yrs	US$58.00k	no data

3.0yrs

Average Tenure

64yo

Average Age

Experienced Board: TGC0's board of directors are considered experienced (3 years average tenure).

TGS Management

Management criteria checks 4/4

Key information

Recent management updates

Recent updates

TGS ASA Approves to Distribute Second Quarter Dividend of 2024, Payable on 3 June 2024

TGS Launches Multi-Client Wind and Metocean Measurement Campaign Offshore Germany

TGS ASA Provides Revenue Guidance for the First Quarter of 2024

TGS Announces Commencement of Penyu Basin Multi-Client 3D Seismic Offshore Peninsular Malaysia

TGS ASA Approves to Distribute First Quarter Dividend of 2024, Payable on 7 March 2024

TGS ASA Provides Revenue Guidance for Fourth Quarter 2023

TGS ASA to Report First Half, 2024 Results on Jul 18, 2024

TGS ASA Resolves to Distribute A Quarterly Dividend, Payable on 16 November 2023

TGS Enterprise Asset Management Software for Utility-Size Solar Now Available in the U.S

TGS ASA Provides Revenue Guidance for the Third Quarter of 2023

TGS ASA (OB:TGS) agreed the principal terms to acquire PGS ASA (OB:PGS) NOK 9.3 billion.

TGS ASA (OB:TGS) agreed the principal terms to acquire PGS ASA (OB:PGS) NOK 9.3 billion.

PGS, TGS and CGG Introduce New Tiered Offerings for Versal - the World's First MultiClient Data Ecosystem

TGS Asa Resolves to Distribute A Quarterly Dividend, Payable on 10 August 2023

TGS ASA Provides Revenue Guidance for the Second Quarter of 2023

TGS ASA Provides Revenue Guidance for the Second Quarter of 2023

TGS ASA Announces to Distribute A Quarterly Dividend for Second Quarter of 2023, Payment Date: 5 June 2023

TGS ASA Announces Quarterly Dividend, Payable on 2 March 2023

TGS ASA Provides Revenue Guidance for the Fourth Quarter of 2022

CGG and TGS Announce Foz do Amazonas Phase II 3D Multi-Client Survey Offshore Brazil

TGS ASA (OB:TGS) completed the acquisition of 21.97% stake in Magseis Fairfield ASA (OB:MSEIS) for NOK8.08 per share.

TGS ASA to Report Q1, 2023 Results on May 11, 2023

TGS ASA Commences 3D Reprocessing Project Offshore Uruguay

TGS ASA to Distribute A Quarterly Dividend, Payment Date: 17 November 2022

TGS Provides Revenue Guidance for the Third Quarter of 2022

TGS ASA (OB:TGS) completed the acquisition of Magseis Fairfield ASA (OB : MSEIS) from Fairfield Ms LLC, members of the Magseis Board and management and others.

TGS ASA to Enhance Data-Driven Solutions for the Global Wind Industry Alongside New, Cost-Effective Subscription Package for Wind Axiom

TGS ASA Announces New 3D Seismic Survey Close to Dorado and Pavo Discoveries in North-West Australia

TGS ASA (OB:TGS) completed the acquisition of Certain Assets of ION Geophysical Corporation (OTCPK:IOGP.Q).

TGS Asa Announces Quarterly Dividend, Payment Date Is 11 August 2022

TGS ASA Provides Revenue Guidance for the Second Quarter of 2022

TGS ASA (OB:TGS) agreed to acquire Certain assets related to ION’s multi-client and processing businesses from ION Geophysical Corporation (OTCPK:IOGP.Q).

TGS ASA (OB:TGS) made a voluntary exchange offer to acquire Magseis Fairfield ASA (OB : MSEIS) from Fairfield MS, LLC, members of the Magseis Board and management and others for NOK 2.3 billion.

TGS Announces Extension to Noaka Ocean Bottom Node Seismic Survey on the Norwegian Continental Shelf

TGS Announces Extension to Noaka Ocean Bottom Node Seismic Survey on the Norwegian Continental Shelf

TGS ASA Announces Quarterly Dividend, Payable on 2 June 2022

TGS ASA to Report Q1, 2022 Results on May 12, 2022

TGS ASA Provides Revenue Guidance for the First Quarter of 2022

TGS Launches Wind AXIOM to Provide New Insights for Offshore Wind Projects

TGS ASA Approves Quarterly Dividend, Payable on 3 March 2022

TGS Announces Second Reprocessing Project Offshore Indonesia in 2022

TGS Announces New Extensive Regional 2D-cubed Reprocessing Project in Indonesia

TGS and WesternGeco Announce Engagement Phase 2 in the U.S. Gulf of Mexico

TGS ASA Commences New 2D Seismic Campaign Offshore Mauritania

TGS ASA (OB:TGS) acquired Three 3D Multi-Client Seismic Surveys from Polarcus Limited (OB:PLCS).

TGS Announces New 3D Imaging Program in the U.S. Gulf of Mexico

TGS Announces New Onshore 3D Seismic Survey in the Montney Basin

TGS-NOPEC Geophysical Company ASA (OB:TGS) acquired 4C Offshore Ltd.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age