Atlantic Sapphire Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Pedro Courard

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	1.4yrs
Board average tenure	1.5yrs

Recent management updates

Recent updates

CEO

Pedro Courard

less than a year

Tenure

Mr. Pedro Courard is Chief Executive Officer of Atlantic Sapphire ASA from August 1, 2024. He is an Industrial Engineer with a Master in Business Administration. He has been involved in the salmon industry...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mario Palma	Chief Operating Officer	1.1yrs	US$282.60k	no data
Valerie Leath	Director of Human Resources	1.7yrs	US$1.03m	no data
Svein Taklo	Chief Development & Infrastructure Officer	5.1yrs	US$310.00k	0.00042% € 203.3
Pedro Courard	Chief Executive Officer	less than a year	no data	no data
Aasbo-Skinderhaug Gunnar	CFO & Deputy CEO	less than a year	no data	no data
Damien Claire	Chief Sales & Marketing Officer	4.2yrs	no data	no data

1.4yrs

Average Tenure

Experienced Management: 4AS1's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Patrick Dempster	Director	less than a year	no data	no data
Ryan Schedler	Board Observer	less than a year	no data	no data
Andre Skarbo	Independent Director	9.8yrs	US$68.00k	no data
Keith Reid	Board Observer	less than a year	no data	no data
Marta Alonso	Independent Director	1.5yrs	US$57.00k	no data
Ellen Saetre	Director	4.5yrs	US$72.00k	no data
Kenneth Anderson	Independent Chairman	2.3yrs	US$99.00k	no data
Eirik Welde	Independent Deputy Chairman	1.5yrs	US$50.00k	no data

1.5yrs

Average Tenure

53yo

Average Age

Experienced Board: 4AS1's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

Atlantic Sapphire Management

Management criteria checks 0/4

Key information

Recent management updates

High number of new and inexperienced directors

Atlantic Sapphire ASA Approves Election of Patrick Dempster as Board Member

Atlantic Sapphire ASA Announces CEO Changes

Atlantic Sapphire Asa Announces Executive Changes

Atlantic Sapphire ASA Announces Resignation of Alexander Reusas as Director

Less than half of directors are independent

Recent updates

New major risk - Shareholder dilution

First half 2024 earnings released: US$0.53 loss per share (vs US$2.01 loss in 1H 2023)

New major risk - Financial position

Forecast breakeven date pushed back to 2026

High number of new and inexperienced directors

Atlantic Sapphire ASA Approves Election of Patrick Dempster as Board Member

Atlantic Sapphire ASA Announces CEO Changes

Full year 2023 earnings released: US$0.33 loss per share (vs US$0.47 loss in FY 2022)

Atlantic Sapphire ASA has completed a Follow-on Equity Offering in the amount of NOK 422.55 million.

New minor risk - Profitability

Atlantic Sapphire ASA to Report Q4, 2023 Results on Feb 29, 2024

Atlantic Sapphire ASA to Report Fiscal Year 2024 Results on Apr 24, 2025

Atlantic Sapphire ASA has completed a Follow-on Equity Offering in the amount of NOK 701.999999 million.

New major risk - Financial position

First half 2023 earnings released: US$0.22 loss per share (vs US$0.13 loss in 1H 2022)

New minor risk - Profitability

Atlantic Sapphire Asa Announces Executive Changes

Full year 2022 earnings released: US$0.47 loss per share (vs US$1.53 loss in FY 2021)

Forecast to breakeven in 2025

Atlantic Sapphire ASA Announces Resignation of Alexander Reusas as Director

Less than half of directors are independent

No longer forecast to breakeven

Atlantic Sapphire Provides Harvest Guidance for the Second Half of 2022

Forecast to breakeven in 2023

Director recently bought €104k worth of stock

First half 2022 earnings released: US$0.15 loss per share (vs US$0.57 loss in 1H 2021)

Atlantic Sapphire ASA has completed a Follow-on Equity Offering in the amount of NOK 44.216081 million.

Less than half of directors are independent

Full year 2021 earnings released: US$1.53 loss per share (vs US$0.74 loss in FY 2020)

Forecast to breakeven in 2023

Atlantic Sapphire ASA Appoints Jon-Birger Løvik as Chief Operating Officer

Now 23% undervalued after recent price drop

Forecast to breakeven in 2023

First half 2021 earnings: EPS in line with expectations, revenues disappoint

Less than half of directors are independent

Forecast to breakeven in 2023

First half 2021 earnings released: US$0.57 loss per share (vs US$0.46 loss in 1H 2020)

Insider recently bought €193k worth of stock

Director recently bought €250k worth of stock

Atlantic Sapphire ASA has completed a Follow-on Equity Offering in the amount of NOK 1.01558 billion.

Forecast breakeven pushed back to 2022

Insider recently bought €163k worth of stock

Full year 2020 earnings released: US$0.74 loss per share (vs US$0.19 loss in FY 2019)

Atlantic Sapphire ASA Announces Changes to Executive Management

New 90-day high: €11.55

Atlantic Sapphire ASA Announces New Members of the Executive Management Team

New 90-day high: €10.80

Peter Skou Resigns as Deputy Board Member in Atlantic Sapphire ASA

Director recently bought €166k worth of stock

New 90-day low: €9.20

Atlantic Sapphire ASA Completes First U.S. Harvest

Director recently bought €297k worth of stock

Atlantic Sapphire ASA announced that it expects to receive $100 million in funding from Alsco AS, Vatne Equity AS, and other investors

New 90-day low - €9.22

First half earnings released

Atlantic Sapphire ASA to Report Fiscal Year 2021 Results on Apr 21, 2022

New 90-day low - €10.10

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age