BlueNord Management
Management criteria checks 2/4
BlueNord's CEO is Euan Shirlaw, appointed in Nov 2021, has a tenure of 2.17 years. total yearly compensation is $3.28M, comprised of 14.3% salary and 85.7% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth NOK1.96M. The average tenure of the management team and the board of directors is 1.7 years and 4.3 years respectively.
Key information
Euan Shirlaw
Chief executive officer
US$3.3m
Total compensation
CEO salary percentage | 14.3% |
CEO tenure | 2.2yrs |
CEO ownership | 0.02% |
Management average tenure | 1.7yrs |
Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2023 | n/a | n/a | US$130m |
Jun 30 2023 | n/a | n/a | US$125m |
Mar 31 2023 | n/a | n/a | US$56m |
Dec 31 2022 | US$3m | US$470k | -US$30m |
Sep 30 2022 | n/a | n/a | -US$134m |
Jun 30 2022 | n/a | n/a | -US$119m |
Mar 31 2022 | n/a | n/a | -US$89m |
Dec 31 2021 | US$699k | US$376k | -US$53m |
Sep 30 2021 | n/a | n/a | -US$9m |
Jun 30 2021 | n/a | n/a | -US$15m |
Mar 31 2021 | n/a | n/a | US$32m |
Dec 31 2020 | US$574k | US$308k | US$17m |
Sep 30 2020 | n/a | n/a | US$52m |
Jun 30 2020 | n/a | n/a | US$226m |
Mar 31 2020 | n/a | n/a | US$195m |
Dec 31 2019 | US$515k | US$77k | US$215m |
Compensation vs Market: Euan's total compensation ($USD3.28M) is above average for companies of similar size in the UK market ($USD2.08M).
Compensation vs Earnings: Euan's compensation has been consistent with company performance over the past year.
CEO
Euan Shirlaw
2.2yrs
Tenure
US$3,282,000
Compensation
Mr. Euan Shirlaw served as Chief Financial Officer of BlueNord ASA (formerly known as Norwegian Energy Company ASA) since October 1, 2019 and serves as its Chief Executive Officer since May 12, 2022 and ha...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 8.8yrs | US$500.00k | 0.77% $ 98.3m | |
Chief Executive Officer | 2.2yrs | US$3.28m | 0.015% $ 2.0m | |
Chief Financial Officer | no data | US$274.10k | 0.0021% $ 270.7k | |
Chief Operating Officer | 1.7yrs | US$2.27m | 0.016% $ 2.1m | |
Chief Corporate Affairs Officer | less than a year | US$1.50m | 0.016% $ 2.1m |
1.7yrs
Average Tenure
Experienced Management: BNORO's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 8.8yrs | US$500.00k | 0.77% $ 98.3m | |
Director | 3.8yrs | US$64.00k | no data | |
Director | 7.7yrs | US$71.00k | 0.027% $ 3.4m | |
Director | 2.7yrs | US$64.00k | no data | |
Director | 7.7yrs | US$64.00k | 0.019% $ 2.5m | |
Director | 4.3yrs | US$64.00k | no data | |
Director | 2.7yrs | no data | no data |
4.3yrs
Average Tenure
59.5yo
Average Age
Experienced Board: BNORO's board of directors are considered experienced (4.3 years average tenure).