Aker Carbon Capture Management
Management criteria checks 1/4
Aker Carbon Capture's CEO is Egil Fagerland, appointed in Jul 2023, has a tenure of less than a year. total yearly compensation is NOK3.14M, comprised of 67.8% salary and 32.2% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth NOK338.36K. The average tenure of the management team and the board of directors is 0.8 years and 2.8 years respectively.
Key information
Egil Fagerland
Chief executive officer
kr3.1m
Total compensation
| CEO salary percentage | 67.8% |
| CEO tenure | less than a year |
| CEO ownership | 0.005% |
| Management average tenure | less than a year |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -kr171m |
| Sep 30 2023 | n/a | n/a | -kr178m |
| Jun 30 2023 | n/a | n/a | -kr190m |
| Mar 31 2023 | n/a | n/a | -kr193m |
| Dec 31 2022 | kr3m | kr2m | -kr204m |
| Sep 30 2022 | n/a | n/a | -kr226m |
| Jun 30 2022 | n/a | n/a | -kr230m |
| Mar 31 2022 | n/a | n/a | -kr228m |
| Dec 31 2021 | kr2m | kr1m | -kr192m |
Compensation vs Market: Egil's total compensation ($USD296.68K) is below average for companies of similar size in the UK market ($USD1.00M).
Compensation vs Earnings: Egil's compensation has increased whilst the company is unprofitable.
CEO
Egil Fagerland
less than a year
Tenure
kr3,135,000
Compensation
Mr. Egil Fagerland has been Chief Executive Officer at Aker Carbon Capture ASA since July 11, 2023 and served as Chief Financial Officer since April 1, 2021 until July 11, 2023 . Mr. Fagerland was employed...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | less than a year | kr3.14m | 0.0054% NOK 338.4k | |
| Chief Operating Officer | 1.1yrs | kr3.00m | 0.0030% NOK 187.2k | |
| Chief Technology Officer | no data | kr2.37m | 0.0030% NOK 184.1k | |
| General Counsel | no data | kr2.23m | 0.0015% NOK 96.4k | |
| Chief Commercial Officer | no data | kr2.96m | 0.012% NOK 724.6k | |
| Chief of Staff | 1.1yrs | kr2.51m | 0.0055% NOK 342.7k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Head of Capital Markets & New Market Strategy | 1.1yrs | no data | 0.011% NOK 696.0k | |
| Head of Group Controlling | less than a year | no data | no data |
0.8yrs
Average Tenure
Experienced Management: ACCO's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.8yrs | kr540.00k | no data | |
| Independent Director | 3.4yrs | kr320.00k | 0.0017% NOK 103.2k | |
| Non-Independent Chairman | 4.1yrs | kr578.00k | no data | |
| Employee Representative Director | 1.8yrs | kr217.00k | no data | |
| Independent Director | 2.7yrs | kr217.00k | 0.0032% NOK 201.5k | |
| Non-Independent Director | 3.4yrs | kr320.00k | no data | |
| Independent Director | 1.8yrs | kr217.00k | no data |
2.8yrs
Average Tenure
59yo
Average Age
Experienced Board: ACCO's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.