NorCom Information Technology GmbH KGaA Management
Management criteria checks 2/4
NorCom Information Technology GmbH KGaA's CEO is Viggo Nordbakk, appointed in Jun 1999, has a tenure of 24.92 years. directly owns 26.82% of the company’s shares, worth €3.80M. The average tenure of the management team and the board of directors is 0.7 years and 4.6 years respectively.
Key information
Viggo Nordbakk
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 24.9yrs |
| CEO ownership | 26.8% |
| Management average tenure | less than a year |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
NorCom Information Technology GmbH & Co. KGaA's (ETR:NC5A) Business Is Trailing The Industry But Its Shares Aren't
Dec 18
Is NorCom Information Technology GmbH KGaA (ETR:NC5A) In A Good Position To Deliver On Growth Plans?
Jun 17Here's Why Shareholders Should Examine NorCom Information Technology GmbH & Co. KGaA's (ETR:NC5A) CEO Compensation Package More Closely
Dec 04Is NorCom Information Technology GmbH KGaA (ETR:NC5A) A Risky Investment?
May 07Is NorCom Information Technology GmbH KGaA (ETR:NC5A) Using Too Much Debt?
Dec 28
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | -€1m |
| Mar 31 2023 | n/a | n/a | -€1m |
| Dec 31 2022 | n/a | n/a | -€1m |
| Sep 30 2022 | n/a | n/a | -€1m |
| Jun 30 2022 | n/a | n/a | -€939k |
| Mar 31 2022 | n/a | n/a | -€883k |
| Dec 31 2021 | €253k | €253k | -€827k |
| Sep 30 2021 | n/a | n/a | -€416k |
| Jun 30 2021 | n/a | n/a | -€5k |
| Mar 31 2021 | n/a | n/a | €80k |
| Dec 31 2020 | €308k | €308k | €164k |
| Sep 30 2020 | n/a | n/a | -€310k |
| Jun 30 2020 | n/a | n/a | -€783k |
| Mar 31 2020 | n/a | n/a | -€583k |
| Dec 31 2019 | €318k | €318k | -€383k |
| Sep 30 2019 | n/a | n/a | -€5k |
| Jun 30 2019 | n/a | n/a | €372k |
| Mar 31 2019 | n/a | n/a | €516k |
| Dec 31 2018 | €330k | €330k | €660k |
| Sep 30 2018 | n/a | n/a | €1m |
| Jun 30 2018 | n/a | n/a | €2m |
| Mar 31 2018 | n/a | n/a | €2m |
| Dec 31 2017 | €415k | €316k | €2m |
Compensation vs Market: Insufficient data to establish whether Viggo's total compensation is reasonable compared to companies of similar size in the German market.
Compensation vs Earnings: Viggo's compensation has been consistent with company performance over the past year.
CEO
Viggo Nordbakk
24.9yrs
Tenure
€253,000
Compensation
Mr. Viggo Nordbakk founded NorCom Information Technology GmbH & Co. KGaA (formerly known as NorCom Information Technology AG) in 1989. Mr. Nordbakk has been the Chief Executive Officer at NorCom Informatio...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 24.9yrs | €253.00k | 26.82% € 3.8m | |
| Chief Technology Officer | less than a year | no data | no data | |
| Managing Director of NorCom Verwaltungs GmbH | less than a year | no data | no data |
0.7yrs
Average Tenure
Experienced Management: NC5A's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Deputy Chairwoman of the Supervisory Board | 2.4yrs | €1.00k | 0.0055% € 779.4 | |
| Independent Chairman of Supervisory Board | 7.3yrs | €20.00k | 0.012% € 1.8k | |
| Independent Member of Supervisory Board | 4.6yrs | €10.00k | no data |
4.6yrs
Average Tenure
Experienced Board: NC5A's board of directors are considered experienced (4.6 years average tenure).