Aker Management

Management criteria checks 2/4

Aker's CEO is Oyvind Eriksen, appointed in Jan 2009, has a tenure of 16.33 years. total yearly compensation is NOK35.16M, comprised of 56.6% salary and 43.4% bonuses, including company stock and options. directly owns 0.29% of the company’s shares, worth NOK135.83M. The average tenure of the management team and the board of directors is 9.2 years and 2.1 years respectively.

Key information

Oyvind Eriksen

Chief executive officer

NOK 35.2m

Total compensation

CEO salary percentage56.59%
CEO tenure16.3yrs
CEO ownership0.3%
Management average tenure9.2yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Oyvind Eriksen's remuneration changed compared to Aker's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024NOK 35mNOK 20m

-NOK 1b

Jun 30 2024n/an/a

NOK 3b

Mar 31 2024n/an/a

NOK 3b

Dec 31 2023NOK 34mNOK 20m

NOK 4b

Jun 30 2023n/an/a

-NOK 2b

Mar 31 2023n/an/a

NOK 6b

Dec 31 2022NOK 32mNOK 18m

NOK 15b

Jun 30 2022n/an/a

NOK 18b

Mar 31 2022n/an/a

NOK 10b

Dec 31 2021NOK 30mNOK 17m

NOK 2b

Jun 30 2021n/an/a

NOK 1b

Mar 31 2021n/an/a

NOK 1b

Dec 31 2020NOK 11mNOK 11m

NOK 916m

Jun 30 2020n/an/a

-NOK 2b

Mar 31 2020n/an/a

-NOK 2b

Dec 31 2019NOK 30mNOK 18m

-NOK 1b

Jun 30 2019n/an/a

-NOK 877m

Mar 31 2019n/an/a

-NOK 204m

Dec 31 2018NOK 29mNOK 17m

NOK 468m

Compensation vs Market: Oyvind's total compensation ($USD3.37M) is about average for companies of similar size in the UK market ($USD2.80M).

Compensation vs Earnings: Oyvind's compensation has increased whilst the company is unprofitable.


CEO

Oyvind Eriksen (60 yo)

16.3yrs

Tenure

NOK 35,163,429

Compensation

Mr. Oyvind Eriksen is Non-Independent Director of Aker Horizons ASA. Mr. Eriksen was Non-Independent Deputy Chairman of the Board of Aker Horizons ASA from October 1, 2024 until April 30, 2025. Mr. Eriksen...


Leadership Team

NamePositionTenureCompensationOwnership
Kjell Rokke
Owner & Chairman17.3yrsNOK 759.00kno data
Oyvind Eriksen
President & CEO16.3yrsNOK 35.16m0.29%
NOK 135.8m
Svein Stoknes
Chief Financial Officer5.8yrsNOK 9.15m0.015%
NOK 7.1m
Lene Landoy
Investment Directorno datano data0.0026%
NOK 1.2m
Fredrik Berge
Head of Investor Relationsno datano data0.00085%
NOK 391.5k
Charlotte Hakonsen
General Counsel4.3yrsno data0.0034%
NOK 1.5m
Christina Schartum
Head of Communications and Office of the CEOno datano data0.0011%
NOK 492.9k
Atle Kigen
Head of Media Relations & Public Affairsno datano datano data
Torbjorn Kjus
Chief Economist6.3yrsno datano data
Kristian Rokke
Chief Executive Officer of Aker Horizonno dataNOK 5.57mno data
Baard Snekkevik
Corporate Treasurerno datano datano data
Ove Taklo
Corporate Controller12yrsno datano data

9.2yrs

Average Tenure

54yo

Average Age

Experienced Management: AKERO's management team is seasoned and experienced (9.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kjell Rokke
Owner & Chairman17.3yrsNOK 759.00kno data
Bernt Kilnes
Deputy Employee Representative of the Boardno datano datano data
Frank Reite
Deputy Chairman4.1yrsNOK 698.00k0.10%
NOK 46.0m
Kristin Margrethe Devold
Independent Director18.3yrsNOK 583.00k0.00079%
NOK 363.9k
Karen Simon
Independent Director12.1yrsNOK 431.00kno data
Caroline Hellemsvik
Employee Representative Director2.1yrsNOK 215.50kno data
Sofie Valdersnes
Employee Representative Director4.1yrsNOK 215.50kno data
Stale Johansen
Employee Representative Director2.1yrsNOK 367.50kno data
Torstein Engevik
Deputy Director2yrsno datano data
Marit Dorum
Deputy Director2yrsno datano data
Sigurd Maras
Deputy Director2yrsno datano data
Stian Sjolund
Deputy Director2yrsno datano data

2.1yrs

Average Tenure

56yo

Average Age

Experienced Board: AKERO's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/13 20:56
End of Day Share Price 2025/03/13 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Aker ASA is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thijs BerkelderABN AMRO Bank N.V.
Christian YggesethArctic Securities ASA
Chr. Frederik LundeCarnegie Investment Bank AB