Borgestad Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Pal Larsen
Chief executive officer
NOK 3.1m
Total compensation
| CEO salary percentage | 90.1% |
| CEO tenure | 5.3yrs |
| CEO ownership | 0.05% |
| Management average tenure | no data |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -NOK 59m |
| Mar 31 2024 | n/a | n/a | -NOK 74m |
| Dec 31 2023 | NOK 3m | NOK 3m | -NOK 78m |
| Sep 30 2023 | n/a | n/a | -NOK 136m |
| Jun 30 2023 | n/a | n/a | -NOK 96m |
| Mar 31 2023 | n/a | n/a | -NOK 112m |
| Dec 31 2022 | NOK 4m | NOK 3m | -NOK 125m |
| Sep 30 2022 | n/a | n/a | -NOK 20m |
| Jun 30 2022 | n/a | n/a | -NOK 26m |
| Mar 31 2022 | n/a | n/a | -NOK 23m |
| Dec 31 2021 | NOK 3m | NOK 3m | -NOK 24m |
| Sep 30 2021 | n/a | n/a | -NOK 204m |
| Jun 30 2021 | n/a | n/a | -NOK 199m |
| Mar 31 2021 | n/a | n/a | -NOK 169m |
| Dec 31 2020 | NOK 3m | NOK 2m | -NOK 166m |
| Sep 30 2020 | n/a | n/a | -NOK 42m |
| Jun 30 2020 | n/a | n/a | -NOK 33m |
| Mar 31 2020 | n/a | n/a | -NOK 64m |
| Dec 31 2019 | NOK 2m | NOK 2m | -NOK 62m |
| Sep 30 2019 | n/a | n/a | NOK 5m |
| Jun 30 2019 | n/a | n/a | NOK 3m |
| Mar 31 2019 | n/a | n/a | NOK 4m |
| Dec 31 2018 | NOK 3m | NOK 2m | NOK 3m |
Compensation vs Market: Pal's total compensation ($USD291.90K) is below average for companies of similar size in the German market ($USD499.40K).
Compensation vs Earnings: Pal's compensation has been consistent with company performance over the past year.
CEO
Pal Larsen (41 yo)
5.3yrs
Tenure
NOK 3,109,000
Compensation
Mr. Pål Feen Larsen serves as Chief Executive Officer at Borgestad ASA since June 4, 2019 and was its Chief Financial Officer until March 2021. Mr. Larsen served as Chief Operating Officer at Borgestad ASA...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 1.3yrs | NOK 150.00k | no data | |
| Chairman | 1.3yrs | NOK 200.00k | no data | |
| Independent Director | 15.8yrs | NOK 579.00k | 0.46% NOK 224.7k | |
| Independent Director | 2.3yrs | NOK 290.00k | no data | |
| Independent Director | 2.3yrs | NOK 290.00k | no data |
2.3yrs
Average Tenure
52yo
Average Age
Experienced Board: H460's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.