Norske Skog Management
Management criteria checks 3/4
Norske Skog's CEO is Geir Drangsland, appointed in Sep 2023, has a tenure of 2.83 years. total yearly compensation is NOK7.25M, comprised of 75.3% salary and 24.7% bonuses, including company stock and options. directly owns 0.032% of the company’s shares, worth €102.59K. The average tenure of the management team and the board of directors is 2.5 years and 2.3 years respectively.
Key information
Geir Drangsland
Chief executive officer
NOK 7.2m
Total compensation
| CEO salary percentage | 75.35% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.03% |
| Management average tenure | 2.5yrs |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | NOK 340m |
| Dec 31 2025 | NOK 7m | NOK 5m | NOK 441m |
| Sep 30 2025 | n/a | n/a | NOK 122m |
| Jun 30 2025 | n/a | n/a | -NOK 180m |
| Mar 31 2025 | n/a | n/a | NOK 14m |
| Dec 31 2024 | NOK 6m | NOK 5m | -NOK 661m |
| Sep 30 2024 | n/a | n/a | NOK 430m |
| Jun 30 2024 | n/a | n/a | NOK 705m |
| Mar 31 2024 | n/a | n/a | NOK 477m |
| Dec 31 2023 | NOK 3m | NOK 2m | NOK 535m |
Compensation vs Market: Geir's total compensation ($USD745.26K) is about average for companies of similar size in the German market ($USD1.04M).
Compensation vs Earnings: Geir's compensation has been consistent with company performance over the past year.
CEO
Geir Drangsland (64 yo)
Mr. Geir Olav Drangsland serves as Chief Executive Officer at Norske Skog ASA since September 01, 2023. He was Chairperson at Norske Skog ASA since March 9, 2023 until September 01, 2023. He served as the...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.8yrs | NOK 7.25m | 0.032% € 102.6k | |
| Chief Financial Officer | 2.3yrs | NOK 2.54m | 0.013% € 41.1k | |
| Senior Vice President of Corporate Finance | 2.5yrs | NOK 2.52m | 0.029% € 93.3k | |
| Senior VP & General Counsel | 2.5yrs | NOK 3.39m | no data | |
| Senior Vice President of Commercial | 8.4yrs | NOK 2.89m | 0.0062% € 19.6k | |
| Vice President of Corporate Communication & Public Affairs | no data | no data | no data | |
| Head of Sustainability | 4.5yrs | no data | no data | |
| Senior Vice President of Business Development | less than a year | no data | no data |
Experienced Management: 0BQ's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | less than a year | no data | no data | |
| Independent Director | 1.3yrs | no data | no data | |
| Independent Chair of the Board | 7.8yrs | NOK 570.00k | 0.12% € 379.2k | |
| Director | 2.3yrs | no data | 0.019% € 59.3k | |
| Board Observer | 4.5yrs | no data | no data | |
| Board Observer | 3.5yrs | no data | no data | |
| Independent Director | 1.3yrs | no data | no data |
Experienced Board: 0BQ's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/09 00:48 |
| End of Day Share Price | 2026/07/09 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Norske Skog ASA is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Johannes Grunselius | DNB Carnegie |
| Marcus Gavelli | Pareto Securities |