HydrogenPro ASA

BATS-CHIXE:HYPROO Stock Report

Market Cap: NOK 750.3m

HydrogenPro Management

Management criteria checks 1/4

HydrogenPro's CEO is Jarle Dragvik, appointed in Aug 2023, has a tenure of less than a year. total yearly compensation is NOK2.22M, comprised of 66.6% salary and 33.4% bonuses, including company stock and options. directly owns 0.059% of the company’s shares, worth NOK439.08K. The average tenure of the management team and the board of directors is 1.1 years and 0.5 years respectively.

Key information

Jarle Dragvik

Chief executive officer

NOK 2.2m

Total compensation

CEO salary percentage66.6%
CEO tenureless than a year
CEO ownership0.06%
Management average tenure1.1yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jarle Dragvik's remuneration changed compared to HydrogenPro's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-NOK 101m

Dec 31 2023NOK 2mNOK 1m

-NOK 65m

Sep 30 2023n/an/a

-NOK 82m

Jun 30 2023n/an/a

-NOK 70m

Mar 31 2023n/an/a

-NOK 97m

Dec 31 2022NOK 126kn/a

-NOK 109m

Compensation vs Market: Jarle's total compensation ($USD206.31K) is below average for companies of similar size in the UK market ($USD369.17K).

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


CEO

Jarle Dragvik (64 yo)

less than a year

Tenure

NOK 2,217,000

Compensation

Mr. Jarle Dragvik serves as Chief Executive Officer of HydrogenPro ASA since joining on August 08, 2023. He is the CEO of TM Holding AS. He served as Director at HydrogenPro AS since October 2021 until May...


Leadership Team

NamePositionTenureCompensationOwnership
Jarle Dragvik
Chief Executive Officerless than a yearNOK 2.22m0.059%
NOK 439.1k
Richard Espeseth
Founder & Head of Technology11.5yrsNOK 2.63m16.05%
NOK 120.5m
Martin Holtet
Chief Financial Officer3.3yrsNOK 2.41mno data
Tormod Klove
Chief Legal Officer1.7yrsNOK 1.64mno data
Cathrin Bretzeg
Chief People & Culture Officer1.1yrsNOK 1.10mno data
Erik Bolstad
Chief Commercial Officer2.8yrsNOK 2.03mno data
Jon Backer
Chief Operations Officerless than a yearno datano data
Odd-Arne Lorentsen
Chief Technology Officerless than a yearno datano data
Jeffrey Spethmann
CEO of HydrogenPro Incless than a yearno datano data

1.1yrs

Average Tenure

Experienced Management: HYPROO's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Geir Larsen
Independent Directorless than a yearno datano data
Dag Opedal
Chair of the Boardless than a yearno datano data
Jarle Tautra
Non-Executive Independent Director2.8yrsNOK 684.00k0.0014%
NOK 10.7k
Marianne Aamodt
Independent Directorless than a yearno datano data
Vivian Espeseth
Directorless than a yearno data4.53%
NOK 34.0m
Bjorn Hansen
Independent Directorless than a yearno datano data

0.5yrs

Average Tenure

65yo

Average Age

Experienced Board: HYPROO's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.