Q-Free Management

Management criteria checks 2/4

Q-Free's CEO is Trond Christensen, appointed in Oct 2022, has a tenure of 1.17 years. directly owns 0.04% of the company’s shares, worth €44.64K. The average tenure of the management team and the board of directors is 1.2 years and 3.1 years respectively.

Key information

Trond Christensen

Chief executive officer

NOK 3.7m

Total compensation

CEO salary percentage	n/a
CEO tenure	1.2yrs
CEO ownership	0.04%
Management average tenure	1.2yrs
Board average tenure	3.1yrs

Recent management updates

Recent updates

CEO

Trond Christensen (52 yo)

1.2yrs

Tenure

NOK 3,706,000

Compensation

Mr. Trond Christensen serves as Chief Financial officer at Q-Free ASA since October 15, 2022 and serves as Chief Executive Officer and President since October 14, 2023. He was Interim Chief Executive Offic...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Trond Christensen	President	1.2yrs	NOK 3.71m	0.040% € 44.6k
Fredrik Nordh	Executive Vice President of Tolling	6.3yrs	NOK 3.33m	0.39% € 429.1k
Daniel Skiffington	Senior Executive VP of Traffic Management	1.2yrs	NOK 3.52m	no data
Hege Sand	Executive Vice President of Sustainability	less than a year	no data	no data
Steinar Furan	Advisor to Chief Executive Officer	no data	NOK 1.94m	no data

1.2yrs

Average Tenure

49yo

Average Age

Experienced Management: 8UG's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Trond Valvik	Chairman of the Board	6.6yrs	NOK 528.00k	0.25% € 277.8k
Karin Sandsjo	Director	2.6yrs	NOK 313.00k	0.054% € 59.5k
Camilla Amundsen	Director	less than a year	no data	no data
Geir Bjorlo	Vice Chairman	3.6yrs	NOK 314.00k	0.14% € 150.9k
Brage Blekken	Employee Elected Director	3.6yrs	NOK 98.00k	no data
Ane Storsaeter	Employee Elected Director	1.9yrs	NOK 50.00k	0.00045% € 496.6

3.1yrs

Average Tenure

46.5yo

Average Age

Experienced Board: 8UG's board of directors are considered experienced (3.1 years average tenure).

Q-Free Management

Management criteria checks 2/4

Key information

Recent management updates

Q-Free ASA Announces Executive Changes

Q-Free ASA Announces Executive Changes

Less than half of directors are independent

Q-Free Asa Announces CFO Changes

Q-Free ASA Appoints Thale Kuvås Solberg as Chief Executive Officer

Less than half of directors are independent

Recent updates

Q-Free ASA Announces Executive Changes

Q-Free ASA Announces Executive Changes

Guardian Capital Group Limited (TSX:GCG.A) completed the acquisition of additional 62.8% stake in Q-Free ASA (OB:QFR) from Rieber & Søn As.

Second quarter 2023 earnings released: EPS: kr0.07 (vs kr0.18 in 2Q 2022)

First quarter 2023 earnings released: EPS: kr0.01 (vs kr0.05 loss in 1Q 2022)

Full year 2022 earnings released: EPS: kr0.02 (vs kr0.53 in FY 2021)

Q-Free ASA to Report Fiscal Year 2022 Final Results on Apr 27, 2023

Q-Free ASA to Report Q1, 2023 Results on Apr 27, 2023

Less than half of directors are independent

Third quarter 2022 earnings released: kr0.01 loss per share (vs kr0.13 profit in 3Q 2021)

Q-Free Asa Announces CFO Changes

Second quarter 2022 earnings released: EPS: kr0.18 (vs kr0.13 in 2Q 2021)

Q-Free ASA Appoints Thale Kuvås Solberg as Chief Executive Officer

Q-Free ASA Reiterates Earnings Guidance for the Year 2025

First quarter 2022 earnings released: kr0.05 loss per share (vs kr0.05 loss in 1Q 2021)

Less than half of directors are independent

Chairman of the Board recently bought €22k worth of stock

Chairman of the Board recently bought €22k worth of stock

Chairman of the Board recently bought €22k worth of stock

Chairman of the Board recently bought €22k worth of stock

Q-Free ASA Reiterates Revenue Guidance for the Year 2025

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

Director recently bought €50k worth of stock

Third quarter 2021 earnings released: EPS kr0.13 (vs kr0.03 in 3Q 2020)

An unknown buyer cancelled the acquisition of Q-Free ASA (OB:QFR) from Rieberg & Soen AS and other shareholders for NOK 1.2 billion.

First quarter 2021 earnings released: kr0.05 loss per share (vs kr0.15 loss in 1Q 2020)

Q-Free Asa Provides Revenue Guidance for 2021

Q-Free Announces Traffic Management Contract in the USA - NOK 60 Million

Q-Free ASA Appoints Trond Christensen as Its Permanent CFO

Ferde AS Awards Contract to Q-Free

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age