BW Energy Management

Management criteria checks 2/4

BW Energy's CEO is Carl Arnet, appointed in Jul 2019, has a tenure of 5.17 years. directly owns 1.32% of the company’s shares, worth NOK86.74M. The average tenure of the management team and the board of directors is 3.7 years and 3 years respectively.

Key information

Carl Arnet

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	5.2yrs
CEO ownership	1.3%
Management average tenure	3.7yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO

Carl Arnet (68 yo)

5.2yrs

Tenure

Mr. Carl Krogh Arnet has been the Chief Executive Officer at BW Energy Limited since July 1, 2019. Mr. Arnet has also been the Managing Director of APL since 1996. Prior to joining APL, Mr. Arnet had vario...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Carl Arnet	Chief Executive Officer	5.2yrs	no data	1.32% $ 86.7m
Brice Morlot	Chief Financial Officer	less than a year	no data	no data
Lin Espey	Chief Operation Officer	7.7yrs	no data	no data
Tara Leiter	Executive VP & General Counsel	2.7yrs	no data	no data
Liana Almeida	Senior Vice President of Human Capital	2.7yrs	no data	no data
Thomas Kolanski	Chief Commercial Officer	no data	no data	0.00030% $ 19.7k
Thomas Young	Chief Strategy Officer	4.7yrs	no data	0.013% $ 859.9k

3.7yrs

Average Tenure

Experienced Management: BWEO's management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Darrell McKenna	Independent Director	less than a year	no data	no data
Andreas Sohmen-Pao	Chairman	4.8yrs	no data	no data
Hilde Dronen	Independent Director	4.7yrs	no data	no data
Ana Lúcia Zambelli	Independent Director	1.3yrs	no data	no data
William Scheirman	Independent Director	4.8yrs	no data	no data
Alan Dowokpor	Independent Director	less than a year	no data	no data

3.0yrs

Average Tenure

58yo

Average Age

Experienced Board: BWEO's board of directors are considered experienced (3 years average tenure).

BW Energy Management

Management criteria checks 2/4

Key information

Recent management updates

BW Energy Limited Announces Chief Financial Officer Changes

BW Energy Limited Announces Board Appointments

Chief Executive Officer recently bought kr1.5m worth of stock

BW Energy Limited Announces the Appointment Ana Zambelli as Board Member

Insufficient new directors

Insufficient new directors

Recent updates

BW Energy Limited Provides Production Guidance for the Year 2024

BW Energy Limited (OB:BWE) signed a letter of intent to acquire 20% stake in Petroleum Exploration Licence 73 in the Kavango Basin from Reconnaissance Energy Africa Ltd. (TSXV:RECO) approximately $145 million.

BW Energy Limited Appraisal Confirms Material Hibiscus Field Reserve Increase

BW Energy Limited Announces Chief Financial Officer Changes

BW Energy Limited Provides Production Guidance for the Year 2024

BW Energy Limited Announces Board Appointments

BW Energy Announces Hibiscus South Pilot Well Confirms Hydrocarbons

BW Energy Limited Provides Earnings Guidance for the First Quarter of 2024

BW Energy Starts Production from Hibiscus South Field Five Months After Discovery

BW Energy Limited Provides Production Guidance for the Year 2024

BW Energy Limited to Report Q2, 2024 Results on Aug 29, 2024

BW Group (Offeror) agreed to acquire remaining 60% in BW Energy Limited (OB : BWE) for NOK 4.2 billion in a tender offer.

BW Energy Limited (OB:BWE) acquired FPSO Cidade de Vitoria from Saipem SpA (BIT:SPM).

BW Energy Starts Production from Fourth Well in the Hibiscus / Ruche Development

Chief Executive Officer recently bought kr1.5m worth of stock

BW Energy Limited Announces the Production Guidance for 2023

Second quarter 2023 earnings released: EPS: US$0.021 (vs US$0.064 loss in 2Q 2022)

BW Energy Starts Production from Third Well in the Hibiscus / Ruche Development

BW Energy Announces Start-Up of Gas Lift Compound on BW Adolo FPSO

BW Energy Starts Production from Second Hibiscus / Ruche Well

BW Energy Limited Announces the Appointment Ana Zambelli as Board Member

Insufficient new directors

Insufficient new directors

Bw Energy Announces the Start of Drilling of the First Production Well on the Hibiscus / Ruche Phase 1 Development in the Dussafu Block Offshore Gabon

BW Energy Limited to Report Fiscal Year 2023 Results on Feb 29, 2024

Third quarter 2022 earnings released

High number of new directors

Second quarter 2022 earnings released

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

First quarter 2022 earnings released

High number of new and inexperienced directors

High number of new and inexperienced directors

Full year 2021 earnings: Revenues exceed analyst expectations

High number of new and inexperienced directors

Chief Financial Officer recently sold kr524k worth of stock

High number of new and inexperienced directors

High number of new and inexperienced directors

Chief Strategy Officer recently bought kr438k worth of stock

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age