Desert Control Management

Management criteria checks 2/4

Desert Control's CEO is Ole Sivertsen, appointed in Aug 2019, has a tenure of 5.25 years. total yearly compensation is NOK4.93M, comprised of 46.5% salary and 53.5% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth €63.99K. The average tenure of the management team and the board of directors is 1.5 years and 0.8 years respectively.

Key information

Ole Sivertsen

Chief executive officer

NOK 4.9m

Total compensation

CEO salary percentage46.5%
CEO tenure5.3yrs
CEO ownership0.2%
Management average tenure1.5yrs
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
Jun 30 2024n/an/a

-NOK 64m

Mar 31 2024n/an/a

-NOK 55m

Dec 31 2023NOK 5mNOK 2m

-NOK 59m

Sep 30 2023n/an/a

-NOK 69m

Jun 30 2023n/an/a

-NOK 43m

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 ($USD445.35K) is about average for companies of similar size in the German market ($USD480.14K).

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


CEO

Ole Sivertsen

5.3yrs

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 Officer5.3yrsNOK 4.93m0.22%
€ 64.0k
Jan Vader
Head of Middle East & Licensed Operations1.5yrsNOK 2.22m0.00037%
€ 105.8
Viggo Halseth
Chief Innovation Officer2yrsNOK 763.00k0.019%
€ 5.5k
Marty Weems
Managing Director of Americas1.5yrsNOK 2.46mno data
Lars Eismark
Executive Chairmanless than a yearno datano data
Leonard Chaparian
Chief Financial Officer1.3yrsno datano data
Tor Karlsen
Vice President of Production Systemsno dataNOK 1.81mno data

1.5yrs

Average Tenure

Experienced Management: 8KT's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Lars Eismark
Executive Chairmanless than a yearno datano data
Roar Husby
Directorless than a yearno datano data
Marit Oedegaard
Directorno dataNOK 100.00kno data
Maryne Lemvik
Director2.4yrsNOK 100.00kno data
James Thomas
Director1.1yrsno data8.29%
€ 2.4m

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.