General Oceans Management
Management criteria checks 3/4
General Oceans' CEO is Atle Lohrmann, appointed in Jan 2021, has a tenure of 5.25 years. total yearly compensation is NOK1.62M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 42.81% of the company’s shares, worth €182.73M. The average tenure of the management team and the board of directors is 3.8 years and 0.9 years respectively.
Key information
Atle Lohrmann
Chief executive officer
NOK 1.6m
Total compensation
| CEO salary percentage | 100.00% |
| CEO tenure | 5.3yrs |
| CEO ownership | 42.8% |
| Management average tenure | 3.8yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | NOK 2m | NOK 2m | NOK 39m |
| Dec 31 2023 | NOK 2m | NOK 2m | -NOK 73m |
Compensation vs Market: Atle's total compensation ($USD169.70K) is below average for companies of similar size in the German market ($USD931.92K).
Compensation vs Earnings: Atle's compensation has been consistent with company performance over the past year.
CEO
Atle Lohrmann
Mr. Atle Lohrmann serves as Chief Executive Officer and President at General Oceans, AS since 2021 and served as its Director. He is Chair of Hefring AS, the General Oceans Foundation and Nortek AS. Mr. Lo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 5.3yrs | NOK 1.62m | 42.81% € 182.7m | |
| Chief Financial Officer | 3.8yrs | NOK 2.39m | no data | |
| Chief People Officer | 3.3yrs | no data | no data |
Experienced Management: T0Y's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair | less than a year | no data | no data | |
| Director | less than a year | no data | no data | |
| Director | 2.9yrs | NOK 531.88k | 0.089% € 378.8k | |
| Director | 2.3yrs | NOK 531.88k | 0.073% € 310.6k | |
| Director | less than a year | no data | no data |
Experienced Board: T0Y's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/08 11:57 |
| End of Day Share Price | 2026/04/08 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
General Oceans ASA is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.