AKVA group ASA

LSE:0DIP Stock Report

Market Cap: NOK 2.8b

AKVA group Management

Management criteria checks 2/4

AKVA group's CEO is Knut Nesse, appointed in Nov 2019, has a tenure of 2.58 years. total yearly compensation is NOK2.98M, comprised of 93.4% salary and 6.6% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth NOK5.34M. The average tenure of the management team and the board of directors is 1.8 years and 1.6 years respectively.

Key information

Knut Nesse

Chief executive officer

NOK 3.0m

Total compensation

CEO salary percentage93.4%
CEO tenure2.6yrs
CEO ownership0.2%
Management average tenure1.8yrs
Board average tenure1.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Knut Nesse's remuneration changed compared to AKVA group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2022n/an/a

NOK 76m

Dec 31 2021NOK 3mNOK 3m

NOK 11m

Sep 30 2021n/an/a

NOK 13m

Jun 30 2021n/an/a

NOK 35m

Mar 31 2021n/an/a

NOK 45m

Dec 31 2020NOK 6mNOK 3m

NOK 91m

Sep 30 2020n/an/a

-NOK 2m

Jun 30 2020n/an/a

NOK 4m

Mar 31 2020n/an/a

NOK 7m

Dec 31 2019NOK 3mNOK 444k

NOK 15m

Compensation vs Market: Knut's total compensation ($USD307.50K) is below average for companies of similar size in the UK market ($USD745.86K).

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

CEO

Knut Nesse (54 yo)

2.6yrs

Tenure

NOK 2,976,000

Compensation

Mr. Knut Nesse served as a Member of the Board at Nordic Halibut AS until 2022. He is Chairman of the Board at Desert Control As. He serves as Chief Executive Officer of AKVA Group ASA since December 5, 20...

Leadership Team

NamePositionTenureCompensationOwnership
Knut Nesse
Chief Executive Officer2.6yrsNOK 2.98m0.19%
NOK 5.3m
Ronny Meinkoehn
Group Chief Financial Officer1.8yrsNOK 1.98mno data
Erlend Soedal
Chief Operating Officer of Cage Based Nordic2.1yrsNOK 2.24m0.033%
NOK 940.4k
Johan Gjesdal
Chief Operating Officer of Land Based1.7yrsNOK 1.92m0.0047%
NOK 132.7k
Asle Bratteli
Chief Digital Officer1.4yrsNOK 1.95mno data
Stale Okland
Director of Communicationsless than a yearno datano data
Wade Kaskiw
Finance Manager of Northamerica & Australasiano dataNOK 770.00kno data

1.8yrs

Average Tenure

52yo

Average Age

Experienced Management: 0DIP's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Yoav Doppelt
Directorless than a yearno datano data
Frode Teigen
Director13yrsNOK 208.00kno data
Heidi Flikka
Independent Director1.1yrsNOK 148.00kno data
Hans Mong
Independent Chairperson10.1yrsNOK 374.00kno data
Odd Haland
Deputy Member of the Boardno dataNOK 39.00kno data
John Kristiansen
Deputy Member of the Boardno dataNOK 39.00kno data
Kristin Huseboe
Independent Deputy Chairperson3.1yrsNOK 281.00k0.0033%
NOK 93.4k
Magnus Roekke
Employee Representative Director1.6yrsNOK 52.00kno data
Helen Helland
Employee Representative Director1.6yrsNOK 52.00kno data
Ragnhild Ree
Employee Representative Director1.6yrsNOK 52.00k0.000020%
NOK 566.0
Tore Rasmussen
Independent Director1.1yrsNOK 137.00kno data
Irene Lauvsnes
Independent Directorless than a yearNOK 33.00kno data

1.6yrs

Average Tenure

57yo

Average Age

Experienced Board: 0DIP's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.