Elmera Group Management
Management criteria checks 3/4
Elmera Group's CEO is Rolf Barmen, appointed in Jan 2013, has a tenure of 11.33 years. total yearly compensation is NOK4.78M, comprised of 72.8% salary and 27.2% bonuses, including company stock and options. directly owns 0.072% of the company’s shares, worth €223.58K. The average tenure of the management team and the board of directors is 1.8 years and 3.1 years respectively.
Key information
Rolf Barmen
Chief executive officer
kr4.8m
Total compensation
| CEO salary percentage | 72.8% |
| CEO tenure | 11.3yrs |
| CEO ownership | 0.07% |
| Management average tenure | 1.8yrs |
| Board average tenure | 3.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | kr201m |
| Dec 31 2023 | kr5m | kr3m | kr192m |
| Sep 30 2023 | n/a | n/a | kr60m |
| Jun 30 2023 | n/a | n/a | kr7m |
| Mar 31 2023 | n/a | n/a | kr86m |
| Dec 31 2022 | kr5m | kr3m | kr74m |
| Sep 30 2022 | n/a | n/a | kr120m |
| Jun 30 2022 | n/a | n/a | kr197m |
| Mar 31 2022 | n/a | n/a | kr207m |
| Dec 31 2021 | kr5m | kr3m | kr257m |
| Sep 30 2021 | n/a | n/a | kr328m |
| Jun 30 2021 | n/a | n/a | kr347m |
| Mar 31 2021 | n/a | n/a | kr350m |
| Dec 31 2020 | kr5m | kr3m | kr400m |
| Sep 30 2020 | n/a | n/a | kr452m |
| Jun 30 2020 | n/a | n/a | kr446m |
| Mar 31 2020 | n/a | n/a | kr419m |
| Dec 31 2019 | kr4m | kr3m | kr370m |
| Sep 30 2019 | n/a | n/a | kr316m |
| Jun 30 2019 | n/a | n/a | kr308m |
| Mar 31 2019 | n/a | n/a | kr286m |
| Dec 31 2018 | kr4m | kr3m | kr254m |
| Sep 30 2018 | n/a | n/a | kr250m |
| Jun 30 2018 | n/a | n/a | kr259m |
| Mar 31 2018 | n/a | n/a | kr250m |
| Dec 31 2017 | kr4m | kr2m | kr252m |
Compensation vs Market: Rolf's total compensation ($USD455.09K) is below average for companies of similar size in the German market ($USD1.06M).
Compensation vs Earnings: Rolf's compensation has been consistent with company performance over the past year.
CEO
Rolf Barmen (59 yo)
11.3yrs
Tenure
kr4,776,000
Compensation
Mr. Rolf Barmen has been the Chief Executive Officer at Elmera Group ASA (formerly known as Fjordkraft Holding ASA) since 2013 and serves as its President. Mr. Barmen has been Chairman of Trondheim Kraft A...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 11.3yrs | kr4.78m | 0.072% NOK 223.6k | |
| Executive VP & Group Chief Financial Officer | 1.6yrs | kr3.22m | 0.055% NOK 169.7k | |
| Executive VP & Chief Information Officer | less than a year | kr1.72m | no data | |
| Executive VP and Head of HR & Communications | no data | kr1.91m | 0.024% NOK 73.6k | |
| Executive VP | less than a year | kr2.50m | 0.037% NOK 115.3k | |
| Executive VP & Head of Service Companies | 7.3yrs | kr2.08m | 0.010% NOK 31.6k | |
| Executive VP & Head of Business | 5.3yrs | kr2.20m | 0.0031% NOK 9.6k | |
| Executive VP & Head of Power Markets and Energy Supply | less than a year | kr2.13m | 0.0047% NOK 14.6k | |
| Executive VP and Head of Nordic & Other End-User Companies | 3.5yrs | kr2.00m | 0.0046% NOK 14.2k | |
| Chief Executive Officer of Fjordkraft AS | 1.8yrs | kr3.07m | 0.050% NOK 154.4k | |
| Chief Accountant Officer | no data | no data | no data |
1.8yrs
Average Tenure
54.5yo
Average Age
Experienced Management: 1ZK's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chair | 6.2yrs | kr605.00k | 0.0018% NOK 5.5k | |
| Independent Director | 6.2yrs | kr446.00k | 0.0013% NOK 4.0k | |
| Board Member | less than a year | kr311.00k | 0.0073% NOK 22.5k | |
| Employee Representative Director | 6.4yrs | kr109.00k | 0.0014% NOK 4.3k | |
| Director | 5yrs | kr400.00k | 0.0041% NOK 12.6k | |
| Director | 3.1yrs | kr347.00k | 0.0049% NOK 15.2k | |
| Deputy Director | 3.1yrs | no data | no data | |
| Deputy Director | 3.1yrs | no data | no data | |
| Deputy Director | 3.1yrs | no data | no data | |
| Employee Representative Director | less than a year | no data | 0.0015% NOK 4.7k | |
| Employee Representative Director | less than a year | no data | 0.0022% NOK 6.8k |
3.1yrs
Average Tenure
57yo
Average Age
Experienced Board: 1ZK's board of directors are considered experienced (3.1 years average tenure).