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 €60.34K. 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 percentage | 46.5% |
CEO tenure | 5.3yrs |
CEO ownership | 0.2% |
Management average tenure | 1.5yrs |
Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | -NOK 63m |
Jun 30 2024 | n/a | n/a | -NOK 64m |
Mar 31 2024 | n/a | n/a | -NOK 55m |
Dec 31 2023 | NOK 5m | NOK 2m | -NOK 59m |
Sep 30 2023 | n/a | n/a | -NOK 69m |
Jun 30 2023 | n/a | n/a | -NOK 43m |
Mar 31 2023 | n/a | n/a | -NOK 86m |
Dec 31 2022 | NOK 10m | NOK 2m | -NOK 59m |
Sep 30 2022 | n/a | n/a | -NOK 42m |
Jun 30 2022 | n/a | n/a | -NOK 60m |
Mar 31 2022 | n/a | n/a | -NOK 46m |
Dec 31 2021 | NOK 3m | NOK 2m | -NOK 32m |
Sep 30 2021 | n/a | n/a | -NOK 26m |
Jun 30 2021 | n/a | n/a | -NOK 21m |
Mar 31 2021 | n/a | n/a | -NOK 19m |
Dec 31 2020 | NOK 2m | NOK 1m | -NOK 11m |
Compensation vs Market: Ole's total compensation ($USD445.25K) is about average for companies of similar size in the German market ($USD471.55K).
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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | 5.3yrs | NOK 4.93m | 0.22% € 60.3k | |
Head of Middle East & Licensed Operations | 1.5yrs | NOK 2.22m | 0.00037% € 99.8 | |
Chief Innovation Officer | 2yrs | NOK 763.00k | 0.019% € 5.2k | |
Managing Director of Americas | 1.5yrs | NOK 2.46m | no data | |
Executive Chairman | less than a year | no data | no data | |
Chief Financial Officer | 1.3yrs | no data | no data | |
Vice President of Production Systems | no data | NOK 1.81m | no 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | less than a year | no data | no data | |
Director | less than a year | no data | no data | |
Director | no data | NOK 100.00k | no data | |
Director | 2.4yrs | NOK 100.00k | no data | |
Director | 1.1yrs | no data | 8.29% € 2.2m |
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.