Nel Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Hakon Volldal

Chief executive officer

NOK 5.2m

Total compensation

CEO salary percentage84.7%
CEO tenure1.8yrs
CEO ownershipn/a
Management average tenure1.8yrs
Board average tenure4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hakon Volldal's remuneration changed compared to Nel's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-NOK 685m

Dec 31 2023NOK 5mNOK 4m

-NOK 855m

Sep 30 2023n/an/a

-NOK 1b

Jun 30 2023n/an/a

-NOK 2b

Mar 31 2023n/an/a

-NOK 1b

Dec 31 2022NOK 5mNOK 2m

-NOK 1b

Compensation vs Market: Hakon's total compensation ($USD463.07K) is below average for companies of similar size in the UK market ($USD1.33M).

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


CEO

Hakon Volldal (47 yo)

1.8yrs

Tenure

NOK 5,154,000

Compensation

Mr. Hakon Rypern Volldal serves as Chief Executive Officer of Nel ASA since July 1, 2022. He joined the Nel ASA in July 2022. He served as President of Q-Free ASA since August 1, 2016 and had been its Chie...


Leadership Team

NamePositionTenureCompensationOwnership
Hakon Volldal
Chief Executive Officer1.8yrsNOK 5.15mno data
Kjell Bjornsen
Chief Financial Officer4.2yrsNOK 3.33m0.0012%
NOK 105.2k
Esa Laukkanen
Chief Operating Officer1.8yrsNOK 3.02mno data
Marius Løken
Chief Technical Officerless than a yearNOK 2.97mno data
Stein Erdal
Senior VP of Legal & General Counsel5yrsNOK 2.70mno data
Hans Hide
Chief Project Officer of Electrolyser5.2yrsNOK 2.55m0.0018%
NOK 157.8k
Robert Borin
Senior Vice President of Fueling Division3.1yrsNOK 3.64mno data
Wilhelm Flinder
Head of Investor Relationsno datano datano data
Lars Nermoen
Head of Communicationsno datano datano data
Anne Liberg
Chief Human Resources Officerless than a yearno datano data
Tomas Tronstad
Managing Director of Hyonno datano datano data
Todd Cartwright
Chief Commercial Officerless than a yearno datano data

1.8yrs

Average Tenure

Experienced Management: NELO's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Ole Enger
Independent Chairman7.3yrsNOK 737.00k0.0089%
NOK 783.6k
Arvid Moss
Independent Director1.1yrsNOK 234.00kno data
Charlotta Falvin
Independent Director4yrsNOK 446.00k0.0027%
NOK 241.1k
Tom Rotjer
Independent Director4yrsNOK 366.00kno data
Beatriz de Molina
Independent Director7.3yrsNOK 481.00kno data
Jens Staff
Independent Director1.1yrsNOK 234.00kno data
Hanne Blume
Independent Director5yrsNOK 461.00kno data

4.0yrs

Average Tenure

57yo

Average Age

Experienced Board: NELO's board of directors are considered experienced (4 years average tenure).