Proximar Seafood AS

DB:84Q Stock Report

Market Cap: €47.4m

Proximar Seafood Management

Management criteria checks 3/4

Proximar Seafood's CEO is Joachim Nielsen, appointed in Jan 2016, has a tenure of 8.67 years. total yearly compensation is NOK427.00K, comprised of 97.7% salary and 2.3% bonuses, including company stock and options. directly owns 2.5% of the company’s shares, worth €1.17M. The average tenure of the management team and the board of directors is 5.2 years and 1.5 years respectively.

Key information

Joachim Nielsen

Chief executive officer

NOK 427.0k

Total compensation

CEO salary percentage97.7%
CEO tenure8.7yrs
CEO ownership2.5%
Management average tenure5.2yrs
Board average tenure1.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Joachim Nielsen's remuneration changed compared to Proximar Seafood's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-NOK 129m

Mar 31 2024n/an/a

-NOK 121m

Dec 31 2023NOK 427kNOK 417k

-NOK 93m

Sep 30 2023n/an/a

-NOK 50m

Jun 30 2023n/an/a

-NOK 34m

Mar 31 2023n/an/a

-NOK 15m

Dec 31 2022NOK 5mNOK 4m

-NOK 23m

Sep 30 2022n/an/a

-NOK 24m

Jun 30 2022n/an/a

-NOK 21m

Mar 31 2022n/an/a

-NOK 25m

Dec 31 2021NOK 2mNOK 2m

-NOK 26m

Sep 30 2021n/an/a

-NOK 26m

Jun 30 2021n/an/a

-NOK 27m

Mar 31 2021n/an/a

-NOK 19m

Dec 31 2020NOK 1mNOK 1m

-NOK 11m

Compensation vs Market: Joachim's total compensation ($USD40.27K) is below average for companies of similar size in the German market ($USD510.83K).

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

CEO

Joachim Nielsen

8.7yrs

Tenure

NOK 427,000

Compensation

Mr. Joachim Nielsen is the Chief Executive Officer at Proximar Seafood AS since 2016. Mr. Nielsen is a co-founder of Proximar Seafood and started working with it's project from 2014. He previously held pos...

Leadership Team

NamePositionTenureCompensationOwnership
Joachim Nielsen
Chief Executive Officer8.7yrsNOK 427.00k2.5%
NOK 1.2m
Ole Willumsen
Chief Financial Officer1.1yrsNOK 2.41m0.42%
NOK 200.9k
Dharmarajan Rajeswaran
Chief Operating Officer2.7yrsNOK 2.57m0.043%
NOK 20.3k
Lars Stigaard
Chief Technology Officer7.7yrsNOK 1.22m0.073%
NOK 34.5k
Vivian Lunde
Director of ESG & Business Operationsno datano data0.067%
NOK 31.7k
Marius Birkenes
Director of Strategyno datano data0.10%
NOK 49.2k

5.2yrs

Average Tenure

Experienced Management: 84Q's management team is seasoned and experienced (5.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Viggo Halseth
Director2.7yrsNOK 225.00k0.087%
NOK 41.1k
Per Grieg
Director7.7yrsNOK 225.00k5.1%
NOK 2.4m
Peter Hermanrud
Director2.7yrsNOK 225.00k0.056%
NOK 26.7k
Kjell-Erik Ostdahl
Chairman of the Boardless than a yearno datano data
Siri Vike
Directorless than a yearno datano data
Elisabeth Dyvik
Directorless than a yearno datano data

1.5yrs

Average Tenure

66yo

Average Age

Experienced Board: 84Q's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.