NorCom Information Technology GmbH KGaA Management
Management criteria checks 3/4
NorCom Information Technology GmbH KGaA's CEO is Viggo Nordbakk, appointed in Jun 1999, has a tenure of 25.42 years. total yearly compensation is €230.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 26.07% of the company’s shares, worth €2.48M. The average tenure of the management team and the board of directors is 1.2 years and 5.1 years respectively.
Key information
Viggo Nordbakk
Chief executive officer
€230.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 25.4yrs |
| CEO ownership | 26.1% |
| Management average tenure | 1.2yrs |
| Board average tenure | 5.1yrs |
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 2024 | n/a | n/a | -€573k |
| Mar 31 2024 | n/a | n/a | -€518k |
| Dec 31 2023 | €230k | €230k | -€463k |
| Sep 30 2023 | n/a | n/a | -€826k |
| Jun 30 2023 | n/a | n/a | -€1m |
| Mar 31 2023 | n/a | n/a | -€1m |
| Dec 31 2022 | €252k | €252k | -€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: Viggo's total compensation ($USD250.98K) is below average for companies of similar size in the German market ($USD488.36K).
Compensation vs Earnings: Viggo's compensation has been consistent with company performance over the past year.
CEO
Viggo Nordbakk
25.4yrs
Tenure
€230,000
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 Verwaltung...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 25.4yrs | €230.00k | 26.07% € 2.5m | |
| MD & COO of NorCom Verwaltungs GmbH | less than a year | €22.00k | no data | |
| Chief Technology Officer | 1.2yrs | no data | no data |
1.2yrs
Average Tenure
Experienced Management: NC5A's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Deputy Chairman of the Supervisory Board | 7.8yrs | €10.00k | 0.012% € 1.2k | |
| Member of the Supervisory Board | less than a year | no data | no data | |
| Independent Chairman of the Supervisory Board | 5.1yrs | €10.00k | no data |
5.1yrs
Average Tenure
Experienced Board: NC5A's board of directors are considered experienced (5.1 years average tenure).