Desert Control AS

BST:8KT Stock Report

Market Cap: €30.6m

Desert Control Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ole Sivertsen

Chief executive officer

NOK 4.9m

Total compensation

CEO salary percentage46.5%
CEO tenure5yrs
CEO ownership0.2%
Management average tenure1.3yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ole Sivertsen's remuneration changed compared to Desert Control's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-NOK 55m

Dec 31 2023NOK 5mNOK 2m

-NOK 59m

Sep 30 2023n/an/a

-NOK 100m

Jun 30 2023n/an/a

-NOK 87m

Mar 31 2023n/an/a

-NOK 86m

Dec 31 2022NOK 10mNOK 2m

-NOK 59m

Sep 30 2022n/an/a

-NOK 42m

Jun 30 2022n/an/a

-NOK 60m

Mar 31 2022n/an/a

-NOK 46m

Dec 31 2021NOK 3mNOK 2m

-NOK 32m

Sep 30 2021n/an/a

-NOK 26m

Jun 30 2021n/an/a

-NOK 21m

Mar 31 2021n/an/a

-NOK 19m

Dec 31 2020NOK 2mNOK 1m

-NOK 11m

Compensation vs Market: Ole's total compensation ($USD450.61K) is about average for companies of similar size in the German market ($USD495.89K).

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

CEO

Ole Sivertsen

5yrs

Tenure

NOK 4,932,000

Compensation

Mr. Ole Kristian Sivertsen served as Chief Executive Officer at Desert Control AS since August 2019 and was its Director and served as its President. He serves as its Group Chief Executive Officer at Deser...

Leadership Team

NamePositionTenureCompensationOwnership
Ole Sivertsen
Chief Executive Officer5yrsNOK 4.93m0.22%
NOK 68.4k
Jan Vader
Head of Middle East & Licensed Operations1.3yrsNOK 2.22mno data
Viggo Halseth
Chief Innovation Officer1.8yrsNOK 763.00k0.019%
NOK 5.9k
Marty Weems
Managing Director of Americas1.3yrsNOK 2.46mno data
Leonard Chaparian
Chief Financial Officerless than a yearno datano data
Tor Karlsen
Vice President of Production Systemsno dataNOK 1.81mno data

1.3yrs

Average Tenure

Experienced Management: 8KT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Knut Nesse
Chairman of the Board5.6yrsNOK 250.00k2.54%
NOK 775.4k
Roar Husby
Directorless than a yearno datano data
Marit Oedegaard
Directorno dataNOK 100.00k0.056%
NOK 17.1k
Maryne Lemvik
Director2.2yrsNOK 100.00kno data
James Thomas
Directorless than a yearno datano data
Lars Eismark
Directorless than a yearno datano data

0.8yrs

Average Tenure

Experienced Board: 8KT's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.