Sats Management
Management criteria checks 1/4
Sats' CEO is Sondre Gravir, appointed in Jan 2018, has a tenure of 6.42 years. total yearly compensation is NOK16.90M, comprised of 32% salary and 68% bonuses, including company stock and options. directly owns 0.55% of the company’s shares, worth NOK18.32M. The average tenure of the management team and the board of directors is 1.7 years and 1.4 years respectively.
Key information
Sondre Gravir
Chief executive officer
NOK 16.9m
Total compensation
| CEO salary percentage | 32.0% |
| CEO tenure | 6.4yrs |
| CEO ownership | 0.6% |
| Management average tenure | 1.7yrs |
| Board average tenure | 1.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | NOK 238m |
| Dec 31 2023 | n/a | n/a | NOK 224m |
| Sep 30 2023 | n/a | n/a | NOK 39m |
| Jun 30 2023 | n/a | n/a | -NOK 45m |
| Mar 31 2023 | n/a | n/a | -NOK 127m |
| Dec 31 2022 | NOK 17m | NOK 5m | -NOK 246m |
| Sep 30 2022 | n/a | n/a | -NOK 162m |
| Jun 30 2022 | n/a | n/a | -NOK 112m |
| Mar 31 2022 | n/a | n/a | -NOK 287m |
| Dec 31 2021 | NOK 7m | NOK 6m | -NOK 452m |
| Sep 30 2021 | n/a | n/a | -NOK 481m |
| Jun 30 2021 | n/a | n/a | -NOK 497m |
| Mar 31 2021 | n/a | n/a | -NOK 449m |
| Dec 31 2020 | NOK 8m | NOK 6m | -NOK 325m |
Compensation vs Market: Sondre's total compensation ($USD1.58M) is above average for companies of similar size in the UK market ($USD988.38K).
Compensation vs Earnings: Sondre's compensation has been consistent with company performance over the past year.
CEO
Sondre Gravir (47 yo)
6.4yrs
Tenure
NOK 16,900,000
Compensation
Mr. Sondre Gravir serves as Chief Executive Officer at SATS Group AS since 2018. Mr. Gravir serves as Chief Executive Officer at Sats ASA. He served as CEO of Schibsted Marketplaces from 2017 to October 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 6.4yrs | NOK 16.90m | 0.55% NOK 18.3m | |
| Chief Financial Officer | 8.4yrs | NOK 7.10m | 0.21% NOK 6.8m | |
| Country Manager of Norway | no data | NOK 4.00m | 0.11% NOK 3.7m | |
| Country Manager of Denmark | 2yrs | NOK 1.40m | no data | |
| Chief People & Operations Officer | 2.4yrs | no data | no data | |
| Interim IR Manager | less than a year | no data | no data | |
| Chief Marketing & Communication Officer | less than a year | no data | no data | |
| Chief Digital Officer | 1.4yrs | no data | no data | |
| Chief Product Officer | 1.4yrs | no data | 0.31% NOK 10.3m |
1.7yrs
Average Tenure
47yo
Average Age
Experienced Management: SATSO's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | no data | NOK 560.00k | 2.45% NOK 81.0m | |
| Director | 1.4yrs | no data | no data | |
| Independent Director | 3.1yrs | NOK 300.00k | no data | |
| Independent Director | 1.4yrs | no data | no data | |
| Independent Director | 1.4yrs | no data | no data |
1.4yrs
Average Tenure
54yo
Average Age
Experienced Board: SATSO's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.