Norwegian Air Shuttle Management
Management criteria checks 2/4
Norwegian Air Shuttle's CEO is Geir Karlsen, appointed in Jun 2021, has a tenure of 2.92 years. total yearly compensation is NOK9.34M, comprised of 59.6% salary and 40.4% bonuses, including company stock and options. directly owns 0.068% of the company’s shares, worth €803.99K. The average tenure of the management team and the board of directors is 3 years and 2.9 years respectively.
Key information
Geir Karlsen
Chief executive officer
kr9.3m
Total compensation
CEO salary percentage | 59.6% |
CEO tenure | 2.9yrs |
CEO ownership | 0.07% |
Management average tenure | 3yrs |
Board average tenure | 2.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | kr9m | kr6m | kr2b |
Sep 30 2023 | n/a | n/a | kr1b |
Jun 30 2023 | n/a | n/a | kr219m |
Mar 31 2023 | n/a | n/a | kr943m |
Dec 31 2022 | kr6m | kr6m | kr920m |
Sep 30 2022 | n/a | n/a | kr1b |
Jun 30 2022 | n/a | n/a | kr428m |
Mar 31 2022 | n/a | n/a | kr2b |
Dec 31 2021 | kr16m | kr5m | kr2b |
Sep 30 2021 | n/a | n/a | -kr15b |
Jun 30 2021 | n/a | n/a | -kr16b |
Mar 31 2021 | n/a | n/a | -kr22b |
Dec 31 2020 | kr10m | kr5m | -kr23b |
Sep 30 2020 | n/a | n/a | -kr8b |
Jun 30 2020 | n/a | n/a | -kr6b |
Mar 31 2020 | n/a | n/a | -kr3b |
Dec 31 2019 | kr12m | kr7m | -kr2b |
Sep 30 2019 | n/a | n/a | -kr3b |
Jun 30 2019 | n/a | n/a | -kr3b |
Mar 31 2019 | n/a | n/a | -kr3b |
Dec 31 2018 | kr3m | kr2m | -kr1b |
Compensation vs Market: Geir's total compensation ($USD843.71K) is below average for companies of similar size in the German market ($USD1.61M).
Compensation vs Earnings: Geir's compensation has increased by more than 20% in the past year.
CEO
Geir Karlsen (58 yo)
2.9yrs
Tenure
kr9,339,000
Compensation
Mr. Geir Magne Karlsen serves as Chief Executive Officer in Norwegian Air Shuttle ASA since June 21, 2021. He had been Chief Financial Officer of Norwegian Air Shuttle ASA since April 2018 until June 2021...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | 2.9yrs | kr9.34m | 0.068% NOK 804.0k | |
Chief Financial Officer | 2yrs | kr4.57m | 0.0073% NOK 86.4k | |
Interim COO & Senior VP of Technical | less than a year | kr1.71m | no data | |
Interim Chief Operating Officer | less than a year | kr2.23m | no data | |
Chief Communications & Public Affairs Officer | 15.3yrs | kr3.13m | 0.0052% NOK 61.9k | |
Chief Marketing & Customer Officer | 3.2yrs | kr5.04m | 0.035% NOK 420.3k | |
Chief People Officer | 3.9yrs | kr3.39m | 0.018% NOK 218.2k | |
Chief Asset Officer | 4.3yrs | kr5.17m | no data | |
Chief IT & Business Services Officer | 4.3yrs | kr3.84m | 0.025% NOK 296.4k | |
Chief Commercial Officer | 2.6yrs | kr3.65m | 0.00048% NOK 5.7k | |
Vice President of Investor Relations | no data | no data | no data | |
Norwegian Head of Environmental Sustainability | no data | no data | no data |
3.0yrs
Average Tenure
49yo
Average Age
Experienced Management: NWC's management team is considered experienced (3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Director | 2.9yrs | kr627.00k | 0.061% NOK 722.5k | |
Independent Director | less than a year | no data | no data | |
Independent Chairman of Board | 2.9yrs | kr1.13m | 0.20% NOK 2.3m | |
Independent Director | 5yrs | kr675.00k | 0.0031% NOK 36.9k | |
Employee Representative Director | 5.3yrs | kr150.00k | 0.00015% NOK 1.8k | |
Employee Representative Director | 5.3yrs | kr150.00k | 0.000030% NOK 356.9 | |
Employee Representative Director | 2.3yrs | kr150.00k | no data | |
Independent Director | less than a year | kr100.00k | 0.0028% NOK 33.8k |
2.9yrs
Average Tenure
55.5yo
Average Age
Experienced Board: NWC's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.