AMSC Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Pal Magnussen

Chief executive officer

NOK 9.2m

Total compensation

CEO salary percentage	35.4%
CEO tenure	9.8yrs
CEO ownership	0.3%
Management average tenure	no data
Board average tenure	12.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pal Magnussen's remuneration changed compared to AMSC's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	NOK 380m
Jun 30 2024	n/a	n/a	NOK 203m
Mar 31 2024	n/a	n/a	-NOK 55m
Dec 31 2023	NOK 9m	NOK 3m	-NOK 113m
Sep 30 2023	n/a	n/a	-NOK 76m
Jun 30 2023	n/a	n/a	-NOK 250m
Mar 31 2023	n/a	n/a	-NOK 191m
Dec 31 2022	NOK 10m	NOK 3m	-NOK 74m
Sep 30 2022	n/a	n/a	-NOK 40m
Jun 30 2022	n/a	n/a	NOK 177m
Mar 31 2022	n/a	n/a	NOK 161m
Dec 31 2021	NOK 7m	NOK 3m	NOK 118m
Sep 30 2021	n/a	n/a	NOK 271m
Jun 30 2021	n/a	n/a	NOK 198m
Mar 31 2021	n/a	n/a	NOK 175m
Dec 31 2020	NOK 5m	NOK 3m	NOK 156m
Sep 30 2020	n/a	n/a	NOK 19m
Jun 30 2020	n/a	n/a	NOK 90m
Mar 31 2020	n/a	n/a	NOK 94m
Dec 31 2019	NOK 4m	NOK 3m	NOK 73m
Sep 30 2019	n/a	n/a	NOK 44m
Jun 30 2019	n/a	n/a	NOK 37m
Mar 31 2019	n/a	n/a	NOK 49m
Dec 31 2018	NOK 8m	NOK 3m	NOK 74m
Sep 30 2018	n/a	n/a	NOK 148m
Jun 30 2018	n/a	n/a	NOK 156m
Mar 31 2018	n/a	n/a	NOK 146m
Dec 31 2017	NOK 4m	NOK 3m	NOK 109m

Compensation vs Market: Pal's total compensation ($USD826.49K) is about average for companies of similar size in the German market ($USD782.05K).

Compensation vs Earnings: Pal's compensation has been consistent with company performance over the past year.

CEO

Pal Magnussen (52 yo)

9.8yrs

Tenure

NOK 9,171,831

Compensation

Mr. P l Lothe Magnussen has served as the Chief Executive Officer and President of AMSC ASA (formerly known as American Shipping Company ASA) since January 1, 2015, and served as its Chief Financial Office...

Board Members

Name	Position	Tenure	Compensation	Ownership
Annette Beate Wacknitz Justad	Independent Chairman of the Board	16.9yrs	NOK 555.79k	0.017% € 28.9k
Frank Reite	Independent Director	2.6yrs	NOK 435.29k	no data
Peter Knudsen	Independent Director	12.7yrs	NOK 435.29k	no data

12.7yrs

Average Tenure

66yo

Average Age

Experienced Board: X5A's board of directors are seasoned and experienced ( 12.7 years average tenure).

AMSC Management

Management criteria checks 3/4

Key information

Recent management updates

No independent directors

No independent directors

American Shipping Company Asa Announces Management Appointments

CEO & President recently bought €64k worth of stock

Chairman of the Board recently bought €12k worth of stock

Recent updates

New major risk - Earnings quality

Dividend of kr0.60 announced

AMSC ASA Approves Cash Dividend, Payable on or about 12 November 2024

New major risk - Revenue and earnings growth

AMSC ASA Approves Cash Dividend, Payable on or About 30 July 2024

Now 20% undervalued

Dividend of kr0.55 announced

AMSC ASA Approves Cash Dividend, Payable on or About 30 May 2024

Now 23% undervalued

AMSC ASA Approves Dividend for the Fourth Quarter of 2023, Payable on or About March 15, 2024

Upcoming dividend of US$0.05 per share

AMSC ASA to Report Q3, 2024 Results on Nov 19, 2024

Investor sentiment improves as stock rises 16%

AMSC ASA Approves Dividend Payment, Payable on or About 7 December 2023

New major risk - Earnings quality

Upcoming dividend of US$0.05 per share at 19% yield

AMSC ASA Proposes Cash Dividend, Payable on or About 15 March 2024

AMSC ASA Proposes Dividend Payment, Payable on or About 7 December 2023

New major risk - Revenue and earnings growth

Investor sentiment deteriorates as stock falls 50%

AMSC ASA Approves Additional Dividend Following Completion of the Sale of the Jones Act Business, Payable on or about 1 November 2023

AMSC ASA Announces Cash Dividend, Payable on or About 7 September 2023

Second quarter 2023 earnings released: EPS: US$0.056 (vs US$0.054 in 2Q 2022)

First quarter 2023 earnings released: EPS: US$0.046 (vs US$0.14 in 1Q 2022)

AMSC ASA Announces Cash Dividend

Full year 2022 earnings released: EPS: US$0.29 (vs US$0.22 in FY 2021)

Full year 2022 earnings released: EPS: US$0.29 (vs US$0.22 in FY 2021)

AMSC ASA to Report Q4, 2022 Results on Feb 28, 2023

Third quarter 2022 earnings released: EPS: US$0.083 (vs US$0.058 in 3Q 2021)

No independent directors

AMSC ASA Announces Cash Dividend, Payable on or About 7 December 2022

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: US$0.054 (vs US$0.059 in 2Q 2021)

American Shipping Company ASA Announces Cash Dividend, Payable on or About 7 September 2022

First quarter 2022 earnings released: EPS: US$0.14 (vs US$0.064 in 1Q 2021)

American Shipping Company ASA Announces Payment of Cash Dividend, Payable on or About 10 June 2022

American Shipping Company ASA Announces Payment of Cash Dividend, Payable on or About 10 June 2022

No independent directors

American Shipping Company Asa Announces Management Appointments

Full year 2021 earnings released: EPS: US$0.22 (vs US$0.30 in FY 2020)

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

American Shipping Company Asa Announces Payment of Cash Dividend , Payable on or About 14 March 2022

Third quarter 2021 earnings released: EPS US$0.058 (vs US$0.074 loss in 3Q 2020)

American Shipping Company ASA (OB:AMSC) commences an Equity Buyback Plan, under the authorization approved on April 20, 2021.

CEO & President recently bought €64k worth of stock

Second quarter 2021 earnings released: EPS US$0.059 (vs US$0.018 in 2Q 2020)

First quarter 2021 earnings released: EPS US$0.064 (vs US$0.026 in 1Q 2020)

American Shipping Company ASA Announces Cash Dividend, Payable on or About 4 June 2021

Full year 2020 earnings released: EPS US$0.30 (vs US$0.14 in FY 2019)

Investor sentiment improved over the past week

Revenue misses expectations

Full year 2020 earnings released: EPS US$0.30 (vs US$0.14 in FY 2019)

New 90-day high: €2.91

New 90-day high: €2.90

American Shipping Company ASA to Report Fiscal Year 2020 Results on Mar 30, 2021

Revenue beats expectations

Third quarter 2020 earnings released: US$0.074 loss per share

New 90-day low: €2.37

Chairman of the Board recently bought €12k worth of stock

Earnings released

New 90-day high - €2.63

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age