Nordic Aqua Partners Management
Management criteria checks 1/4
Nordic Aqua Partners' CEO is Ragnar Joensen, appointed in Mar 2023, has a tenure of 1.67 years. total yearly compensation is €362.00K, comprised of 82.9% salary and 17.1% bonuses, including company stock and options. directly owns 0.013% of the company’s shares, worth €16.50K. The average tenure of the management team and the board of directors is 0.5 years and 1.7 years respectively.
Key information
Ragnar Joensen
Chief executive officer
€362.0k
Total compensation
| CEO salary percentage | 82.9% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.01% |
| Management average tenure | less than a year |
| Board average tenure | 1.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -€20m |
| Jun 30 2024 | n/a | n/a | -€5m |
| Mar 31 2024 | n/a | n/a | -€7m |
| Dec 31 2023 | €362k | €300k | -€8m |
| Sep 30 2023 | n/a | n/a | -€7m |
| Jun 30 2023 | n/a | n/a | -€9m |
| Mar 31 2023 | n/a | n/a | -€6m |
| Dec 31 2022 | €55k | n/a | -€5m |
| Sep 30 2022 | n/a | n/a | -€4m |
| Jun 30 2022 | n/a | n/a | -€3m |
| Mar 31 2022 | n/a | n/a | -€4m |
| Dec 31 2021 | €20k | n/a | -€4m |
Compensation vs Market: Ragnar's total compensation ($USD379.26K) is about average for companies of similar size in the German market ($USD472.15K).
Compensation vs Earnings: Ragnar's compensation has increased whilst the company is unprofitable.
CEO
Ragnar Joensen
1.7yrs
Tenure
€362,000
Compensation
Mr. Ragnar Joensen served as Chairman at Nordic Aqua Partners A/S until March 08, 2023 and has been its Chief Executive Officer since March 08, 2023 and its Member of Executive Board. Mr. Joensen serves as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Member of Executive Board | 1.7yrs | €362.00k | 0.013% € 16.5k | |
| Chairman of Nordic Aqua Ningbo & CEO of Nordic Aqua Ningbo | no data | €245.00k | 0.21% € 276.0k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Senior PR Executive | less than a year | no data | no data | |
| Managing Director of Nordic Aqua Ningbo | 1.1yrs | no data | no data | |
| Sustainability Director | no data | no data | no data | |
| Head of Business Development & Strategic Partnerships | less than a year | no data | no data |
0.5yrs
Average Tenure
Experienced Management: 22L's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Nordic Aqua Ningbo & CEO of Nordic Aqua Ningbo | no data | €245.00k | 0.21% € 276.0k | |
| Director | 1.7yrs | €16.00k | 0.063% € 82.5k | |
| Independent Director | 4.2yrs | €16.00k | no data | |
| Independent Director | 1.7yrs | €16.00k | 0.92% € 1.2m | |
| Director | 2.5yrs | €29.00k | 0.14% € 185.7k | |
| Independent Chairman | 1.7yrs | €237.00k | 0.77% € 997.6k |
1.7yrs
Average Tenure
53.5yo
Average Age
Experienced Board: 22L's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.