Scatec Management
Management criteria checks 2/4
Scatec's CEO is Terje Pilskog, appointed in May 2022, has a tenure of 2.08 years. total yearly compensation is NOK5.77M, comprised of 69.1% salary and 30.9% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth €4.12M. The average tenure of the management team and the board of directors is 1.6 years and 2.2 years respectively.
Key information
Terje Pilskog
Chief executive officer
kr5.8m
Total compensation
CEO salary percentage | 69.1% |
CEO tenure | 2.1yrs |
CEO ownership | 0.3% |
Management average tenure | 1.6yrs |
Board average tenure | 2.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | kr676m |
Dec 31 2023 | kr6m | kr4m | kr628m |
Sep 30 2023 | n/a | n/a | -kr175m |
Jun 30 2023 | n/a | n/a | kr35m |
Mar 31 2023 | n/a | n/a | -kr364m |
Dec 31 2022 | kr5m | kr3m | -kr1b |
Sep 30 2022 | n/a | n/a | -kr829m |
Jun 30 2022 | n/a | n/a | -kr953m |
Mar 31 2022 | n/a | n/a | -kr763m |
Dec 31 2021 | kr4m | kr3m | kr388m |
Sep 30 2021 | n/a | n/a | -kr316m |
Jun 30 2021 | n/a | n/a | -kr504m |
Mar 31 2021 | n/a | n/a | -kr695m |
Dec 31 2020 | kr3m | kr2m | -kr478m |
Sep 30 2020 | n/a | n/a | kr68m |
Jun 30 2020 | n/a | n/a | kr156m |
Mar 31 2020 | n/a | n/a | kr229m |
Dec 31 2019 | kr3m | kr2m | -kr39m |
Sep 30 2019 | n/a | n/a | kr19m |
Jun 30 2019 | n/a | n/a | kr2m |
Mar 31 2019 | n/a | n/a | kr125m |
Dec 31 2018 | kr3m | kr2m | kr140m |
Sep 30 2018 | n/a | n/a | kr59m |
Jun 30 2018 | n/a | n/a | kr428m |
Mar 31 2018 | n/a | n/a | kr317m |
Dec 31 2017 | kr2m | kr2m | kr339m |
Compensation vs Market: Terje's total compensation ($USD538.59K) is below average for companies of similar size in the German market ($USD1.58M).
Compensation vs Earnings: Terje's compensation has been consistent with company performance over the past year.
CEO
Terje Pilskog (53 yo)
2.1yrs
Tenure
kr5,773,000
Compensation
Mr. Terje Pilskog serves as Chief Executive Officer of Scatec ASA since May 01, 2022. He serves as a Member of the Council at Stiftelsen Det Norske Veritas. Mr. Pilskog served as an Executive Vice Presiden...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | 2.1yrs | kr5.77m | 0.34% NOK 4.1m | |
Chief Financial Officer | 1.3yrs | kr5.87m | 0.0063% NOK 76.0k | |
Executive Vice President of Operations & Maintenance | 1.6yrs | kr3.04m | 0.0012% NOK 14.0k | |
Executive VP & General Counsel | 1.3yrs | kr2.95m | no data | |
EVP of People | 14.4yrs | kr3.39m | 0.050% NOK 604.3k | |
Executive Vice President of Solutions | 8.5yrs | kr3.85m | 0.0039% NOK 47.1k | |
Executive Vice President of Latin America & Europe | 2.1yrs | kr3.16m | 0.0064% NOK 76.9k | |
Vice President of Communications & IR | no data | no data | no data | |
Senior Vice President of Communications | no data | no data | no data | |
Senior Vice President of Business Development | no data | no data | no data | |
Executive Vice President of Asia | 1.6yrs | no data | no data | |
Executive Vice President of Green Hydrogen & Egypt | less than a year | no data | 0.00026% NOK 3.1k |
1.6yrs
Average Tenure
53yo
Average Age
Experienced Management: 66T's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Director | 2.2yrs | kr462.00k | 0.0063% NOK 76.0k | |
Independent Chairman of the Board | 3.2yrs | kr462.00k | 0.0044% NOK 53.2k | |
Director | less than a year | no data | no data | |
Independent Director | 4.2yrs | kr426.00k | 0.0069% NOK 83.8k | |
Director | 1.2yrs | kr288.00k | 0.0063% NOK 76.0k | |
Director | less than a year | no data | no data | |
Independent Director | 2.2yrs | kr426.00k | 0.0019% NOK 22.8k |
2.2yrs
Average Tenure
56yo
Average Age
Experienced Board: 66T's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.