Norcod Management
Management criteria checks 2/4
Norcod's CEO is Christian Riber, appointed in Dec 2020, has a tenure of 3.92 years. total yearly compensation is NOK3.31M, comprised of 99.5% salary and 0.5% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth €106.17K. The average tenure of the management team and the board of directors is 0.8 years and 3.1 years respectively.
Key information
Christian Riber
Chief executive officer
NOK 3.3m
Total compensation
| CEO salary percentage | 99.5% |
| CEO tenure | 3.9yrs |
| CEO ownership | 0.2% |
| Management average tenure | less than a year |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -NOK 305m |
| Jun 30 2024 | n/a | n/a | -NOK 263m |
| Mar 31 2024 | n/a | n/a | -NOK 258m |
| Dec 31 2023 | NOK 3m | NOK 3m | -NOK 246m |
| Sep 30 2023 | n/a | n/a | -NOK 333m |
| Jun 30 2023 | n/a | n/a | -NOK 297m |
| Mar 31 2023 | n/a | n/a | -NOK 294m |
| Dec 31 2022 | NOK 3m | NOK 3m | -NOK 297m |
Compensation vs Market: Christian's total compensation ($USD297.80K) is below average for companies of similar size in the German market ($USD471.55K).
Compensation vs Earnings: Christian's compensation has increased whilst the company is unprofitable.
CEO
Christian Riber
3.9yrs
Tenure
NOK 3,308,000
Compensation
Mr. Christian Riber serves as the Chief Executive Officer of Norcod AS since December 2020. He served as the Chairman of the Board at Norcod since February 2020 until December 2020 and had been its Directo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 3.9yrs | NOK 3.31m | 0.15% € 106.2k | |
| Interim Chief Financial Officer | less than a year | no data | no data | |
| Chief Production Officer | 1.8yrs | no data | no data | |
| C.C.O | less than a year | no data | no data | |
| Head of Farming | less than a year | no data | no data |
0.8yrs
Average Tenure
Experienced Management: NO9's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | no data | no data | 0.0074% € 5.2k | |
| Director | 4.8yrs | NOK 200.00k | 16.36% € 11.5m | |
| Director | 3.7yrs | NOK 100.00k | no data | |
| Chairman | 2.5yrs | NOK 175.00k | no data | |
| Director | 2.5yrs | NOK 175.00k | no data | |
| Director | no data | no data | no data |
3.1yrs
Average Tenure
Experienced Board: NO9's board of directors are considered experienced (3.1 years average tenure).