Arendals Fossekompani ASA

BATS-CHIXE:AFKO Stock Report

Market Cap: NOK 15.9b

Arendals Fossekompani Management

Management criteria checks 3/4

Arendals Fossekompani's CEO is Orjan Svanevik, appointed in Sep 2019, has a tenure of 2.83 years. total yearly compensation is NOK9.27M, comprised of 52.3% salary and 47.7% bonuses, including company stock and options. directly owns 0.028% of the company’s shares, worth NOK4.52M. The average tenure of the management team and the board of directors is 4 years and 0.7 years respectively.

Key information

Orjan Svanevik

Chief executive officer

NOK 9.3m

Total compensation

CEO salary percentage52.3%
CEO tenure2.8yrs
CEO ownership0.03%
Management average tenure4yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Orjan Svanevik's remuneration changed compared to Arendals Fossekompani's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2022n/an/a

NOK 96m

Dec 31 2021NOK 9mNOK 5m

NOK 78m

Sep 30 2021n/an/a

NOK 119m

Jun 30 2021n/an/a

NOK 78m

Mar 31 2021n/an/a

NOK 47m

Dec 31 2020NOK 10mNOK 4m

NOK 8m

Sep 30 2020n/an/a

NOK 5m

Jun 30 2020n/an/a

NOK 10m

Mar 31 2020n/an/a

NOK 54m

Dec 31 2019NOK 5mNOK 2m

NOK 90m

Compensation vs Market: Orjan's total compensation ($USD929.75K) is below average for companies of similar size in the UK market ($USD1.95M).

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

CEO

Orjan Svanevik (56 yo)

2.8yrs

Tenure

NOK 9,267,000

Compensation

Mr. Orjan Svanevik serves as Chief Executive Officer and President of Arendals Fossekompani ASA since September 1, 2019. Mr. Svanevik serves as an Industry Advisor at Energy Growth Momentum LLP (formerly k...

Leadership Team

NamePositionTenureCompensationOwnership
Orjan Svanevik
CEO & President2.8yrsNOK 9.27m0.028%
NOK 4.5m
Lars Fensli
Chief Financial Officer5.1yrsNOK 3.11m0.015%
NOK 2.4m
Morten Henriksen
Executive Vice Presidentno dataNOK 5.39m0.051%
NOK 8.1m
Torkil Mogstad
Executive Vice Presidentno dataNOK 2.84m0.038%
NOK 6.0m
Ingunn Ettestol
Chief Sustainability Officerless than a yearNOK 2.21m0.031%
NOK 4.9m
Preben Nilsen
Head of Accountingno datano datano data
Hanne Watts
Vice President of Communication & Sustainabilityno datano datano data
Kari-Anne Slaaen
Vice President of People & Cultureno datano datano data
Bjørn Petersen
Chief Executive Officer of EFD Inductionno dataNOK 3.07mno data
Sally-Anne Ray
Chief Executive Officer of NSSL Global9yrsNOK 3.53mno data
Luc Dionne
Chief Executive Director of Teknano dataNOK 1.33mno data

4.0yrs

Average Tenure

Experienced Management: AFKO's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Morten Bergesen
Deputy Chairmanno dataNOK 324.00kno data
Trond Westlie
Chair of the Boardless than a yearno datano data
Anne Dalane
Directorless than a yearno datano data
Lise Lindbäck
Directorless than a yearno datano data
Christian Must
Director1.2yrsNOK 253.00kno data
Didrik Vigsnæs
Director5.9yrsNOK 341.00k0.033%
NOK 5.2m
Stine Brenna
Director1.8yrsNOK 394.00k0.014%
NOK 2.2m

0.7yrs

Average Tenure

62yo

Average Age

Experienced Board: AFKO's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.