Nordic Semiconductor Management

Management criteria checks 2/4

Nordic Semiconductor's CEO is Vegard Wollan, appointed in Jan 2024, has a tenure of less than a year. directly owns 0.068% of the company’s shares, worth €1.11M. The average tenure of the management team and the board of directors is 2.3 years and 4.2 years respectively.

Key information

Vegard Wollan

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.07%
Management average tenure	2.3yrs
Board average tenure	4.2yrs

Recent management updates

Recent updates

CEO

Vegard Wollan

less than a year

Tenure

Mr. Vegard Wollan serves as Chief Executive Officer of Nordic Semiconductor ASA since January 1, 2024 and serves as its President since January 2024. He serves as Vice President and General Manager of Touc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Pal Elstad	CFO & Executive VP of Finance	10.2yrs	US$396.00k	0.027% € 434.2k
Stale Ytterdal	Senior Vice President of IR & Strategic Sales	5.8yrs	US$262.00k	0.074% € 1.2m
Geir Langeland	Executive Vice President of Sales & Marketing	19.2yrs	US$440.00k	0.12% € 1.9m
Ole-Fredrik Morken	Executive Vice President of Supply Chain	14.8yrs	US$350.00k	0.11% € 1.8m
Oyvind Birkenes	Executive Vice President of New Long-Range Business Unit	less than a year	US$12.00k	0.0050% € 81.3k
Kjetil Holstad	Executive VP of Product Management & Strategy	3.7yrs	US$322.00k	0.0091% € 148.9k
Ola Bostrom	Senior Vice President of Quality & Sustainability	2.3yrs	US$222.00k	0.0025% € 41.2k
Vegard Wollan	CEO & President	less than a year	no data	0.068% € 1.1m
Christian Skovly-Guttormsen	Head of Legal	no data	no data	no data
Sonja Kusmin	Interim Senior Vice President of People & Communication	less than a year	no data	no data
Joakim Ferm	Interim SVP of R&D and SVP of Wi-Fi Business Unit	less than a year	US$3.00k	0.00094% € 15.4k
Oyvind Strom	Executive Vice President of Short-Range Business Unit	less than a year	no data	0.0031% € 51.2k

2.3yrs

Average Tenure

53.5yo

Average Age

Experienced Management: N0S's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Birger Steen	Independent Chair of the Board of Directors	7.6yrs	US$126.00k	0.14% € 2.3m
Anita Huun	Independent Shareholder Director	5.6yrs	US$60.00k	0.0073% € 118.6k
Jon Nistad	Employee Representative Director	no data	US$15.00k	0.00050% € 8.2k
Morten Dammen	Employee Representative Director	5.8yrs	US$15.00k	0.0013% € 21.4k
Snorre Kjesbu	Independent Shareholder Director	1.8yrs	US$38.00k	0.0035% € 56.8k
Inger Ørstavik	Independent Shareholder Director	7.6yrs	US$57.00k	0.0031% € 50.4k
Annastiina Hintsa	Independent Shareholder Director	5.6yrs	US$56.00k	0.0026% € 41.9k
Anja Dekens	Employee Representative Director	2.8yrs	US$15.00k	0.00030% € 4.9k
Dieter May	Independent Shareholder Elected Director	less than a year	no data	0.0033% € 53.3k
Helmut Gassel	Independent Shareholder Elected Director	less than a year	no data	no data
Krishna Shingala	Employee Representative Director	less than a year	no data	no data

4.2yrs

Average Tenure

54yo

Average Age

Experienced Board: N0S's board of directors are considered experienced (4.2 years average tenure).

Nordic Semiconductor Management

Management criteria checks 2/4

Key information

Recent management updates

CEO & President recently bought €700k worth of stock

High number of new directors

Nordic Semiconductor ASA Reorganizes and Strengthens Executive Management Team

Nordic Semiconductor ASA, Annual General Meeting, Apr 24, 2024

Nordic Semiconductor ASA Announces CEO Changes

Nordic Semiconductor ASA Announces Resignation of Jan Frykhammar from the Board of Directors

Recent updates

CEO & President recently bought €700k worth of stock

Third quarter 2024 earnings released: EPS: US$0.032 (vs US$0.006 in 3Q 2023)

High number of new directors

Nordic Semiconductor ASA (OB:NOD) signed a letter of intent to acquire Novelda AS.

Now 22% undervalued after recent price drop

Second quarter 2024 earnings released: US$0.078 loss per share (vs US$0.083 profit in 2Q 2023)

Now 25% overvalued after recent price rise

First quarter 2024 earnings released: US$0.13 loss per share (vs US$0.016 profit in 1Q 2023)

Nordic Semiconductor ASA Reorganizes and Strengthens Executive Management Team

Full year 2023 earnings released: EPS: US$0.04 (vs US$0.64 in FY 2022)

Nordic Semiconductor ASA (OB:NOD) commences an Equity Buyback Plan, under the authorization approved on April 20, 2023.

Full year 2023 earnings released: EPS: US$0.04 (vs US$0.64 in FY 2022)

Nordic Semiconductor ASA to Report Fiscal Year 2023 Results on Mar 20, 2024

Nordic Semiconductor ASA, Annual General Meeting, Apr 24, 2024

Investor sentiment improves as stock rises 16%

Nordic Semiconductor ASA Announces CEO Changes

Now 20% undervalued after recent price drop

Nordic Semiconductor ASA Provides Revenue Guidance for the Fourth Quarter of 2023

Third quarter 2023 earnings released: EPS: US$0.006 (vs US$0.13 in 3Q 2022)

Nordic Semiconductor ASA(OB:NOD) dropped from FTSE All-World Index (USD)

Nordic Semiconductor ASA (OB:NOD) entered into an agreement to acquire IP portfolio and certain other assets from Atlazo, Inc.

Investor sentiment improves as stock rises 22%

New major risk - Share price stability

Second quarter 2023 earnings released: EPS: US$0.083 (vs US$0.17 in 2Q 2022)

Nordic Semiconductor ASA Announces Resignation of Jan Frykhammar from the Board of Directors

Nordic Semiconductor ASA Announces Resignation of Niels Anderskouv from the Board of Directors

Full year 2022 earnings released: EPS: US$0.64 (vs US$0.37 in FY 2021)

Full year 2022 earnings released: EPS: US$0.64 (vs US$0.37 in FY 2021)

SMALLCAP World Fund, Inc. acquired a 5.076% stake in Nordic Semiconductor ASA.

Nordic Semiconductor ASA to Report Q3, 2023 Results on Oct 17, 2023

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$0.13 (vs US$0.071 in 3Q 2021)

Second quarter 2022 earnings released: EPS: US$0.17 (vs US$0.09 in 2Q 2021)

Nordic Semiconductor ASA (OB:NOD) entered into an agreement to acquire Mobile Semiconductor Corporation.

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: US$0.18 (vs US$0.071 in 1Q 2021)

Insufficient new directors

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Nordic Semiconductor ASA Provides Revenue Guidance for the Full Year 2022 and 2023

Now 21% undervalued after recent price drop

Nordic Semiconductor Asa Provides Revenue Guidance for the Fourth Quarter of 2021

Key Executive recently bought €271k worth of stock

Third quarter 2021 earnings released: EPS US$0.071 (vs US$0.088 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.09 (vs US$0.032 in 2Q 2020)

STMicroelectronics Reportedly Mulling Offer for Nordic Semiconductor

Insider recently bought €10k worth of stock

First quarter 2021 earnings released

Full year 2020 earnings released: EPS US$0.21 (vs US$0.042 in FY 2019)

Director recently sold €81k worth of stock

Insider recently sold €1.8m worth of stock

Full year 2020 earnings released: EPS US$0.21 (vs US$0.042 in FY 2019)

Revenue misses expectations

New 90-day high: €15.00

Nordic Semiconductor ASA (OB:NOD) agreed to acquire Ensigma Wi-Fi assets of Imagination Technologies Group plc.

Nordic Semiconductor ASA to Report Q4, 2021 Results on Feb 03, 2022

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age