Pexip Holding ASA

DB:4W9 Stock Report

Market Cap: €362.4m

Pexip Holding Management

Management criteria checks 2/4

Pexip Holding's CEO is Trond Johannessen, appointed in Apr 2022, has a tenure of 2.58 years. total yearly compensation is NOK7.56M, comprised of 53.3% salary and 46.7% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth €542.28K. The average tenure of the management team and the board of directors is 2.7 years and 2.6 years respectively.

Key information

Trond Johannessen

Chief executive officer

NOK 7.6m

Total compensation

CEO salary percentage53.3%
CEO tenure2.6yrs
CEO ownership0.1%
Management average tenure2.7yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Trond Johannessen's remuneration changed compared to Pexip Holding's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-NOK 30m

Mar 31 2024n/an/a

-NOK 57m

Dec 31 2023NOK 8mNOK 4m

-NOK 80m

Sep 30 2023n/an/a

-NOK 84m

Jun 30 2023n/an/a

-NOK 106m

Mar 31 2023n/an/a

-NOK 176m

Dec 31 2022NOK 4mNOK 2m

-NOK 262m

Compensation vs Market: Trond's total compensation ($USD682.44K) is below average for companies of similar size in the German market ($USD1.18M).

Compensation vs Earnings: Trond's compensation has increased whilst the company is unprofitable.

CEO

Trond Johannessen (52 yo)

2.6yrs

Tenure

NOK 7,556,000

Compensation

Mr. Trond Klethagen Johannessen serves as Chief Executive Officer at Pexip Holding ASA since April 20, 2022. He served as Executive Chairman at Webstep ASA since November 30, 2020 until April 28, 2022 and...

Leadership Team

NamePositionTenureCompensationOwnership
Trond Johannessen
Chief Executive Officer2.6yrsNOK 7.56m0.15%
€ 542.3k
Oystein Hem
Chief Financial Officer5.4yrsNOK 4.18m0.16%
€ 576.1k
Ian Mortimer
Chief Technology Officer2.3yrsNOK 2.35m0.054%
€ 195.0k
Patricia Auseth
Chief Marketing Officer2.8yrsNOK 2.27m0.029%
€ 106.1k
Ingrid Woodhouse
Chief People Officerno dataNOK 2.34m0.062%
€ 225.7k
Åsmund Fodstad
Chief Revenue Officer2.8yrsNOK 3.73m0.79%
€ 2.9m
Helge Hansen
Senior Vice President of Strategy2yrsNOK 2.09m0.0098%
€ 35.7k
Christine Arnesen
Head of Investor Relationsno datano datano data
Gillian Dalslaaen
Vice President of Corporate Communicationsno datano datano data

2.7yrs

Average Tenure

Experienced Management: 4W9's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Phillip Austern
Independent Director2.6yrsNOK 350.00k0.098%
€ 356.8k
Geir Olsen
Independent Director1.8yrsNOK 155.70k1.16%
€ 4.2m
Silvija Seres
Independent Director1.8yrsNOK 155.70kno data
Kjell Skappel
Independent Chairman6.1yrsNOK 461.30k2.07%
€ 7.5m
Irene Kristiansen
Independent Director4.7yrsNOK 350.00k0.15%
€ 535.1k

2.6yrs

Average Tenure

Experienced Board: 4W9's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.