Vår Energi Management
Management criteria checks 1/4
We currently do not have sufficient information about the CEO.
Key information
Nick Walker
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 25.4% |
| CEO tenure | less than a year |
| CEO ownership | 0.02% |
| Management average tenure | 1.1yrs |
| Board average tenure | no data |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$499m |
| Dec 31 2023 | US$1m | US$293k | US$602m |
Compensation vs Market: Nick's total compensation ($USD1.16M) is below average for companies of similar size in the UK market ($USD3.26M).
Compensation vs Earnings: Insufficient data to compare Nick's compensation with company performance.
CEO
Nick Walker (61 yo)
less than a year
Tenure
US$1,155,000
Compensation
Mr. Nicholas John Robert Walker, also known as Nick, serves as CEO at Vår Energi AS since September 05, 2023. He was Chief Executive Officer of Cairn Oil & Gas of Vedanta Limited from January 5, 2023 until...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | less than a year | US$1.16m | 0.019% $ 17.1m | |
| Chief Financial Officer | no data | US$732.00k | 0.00063% $ 560.2k | |
| Chief Operating Officer | less than a year | US$1.79m | 0.0077% $ 6.9m | |
| Executive Vice President People & Communication | no data | US$450.00k | 0.000060% $ 53.4k | |
| Executive Vice President Safety & Sustainability | 1.5yrs | US$374.00k | 0% $ 0 | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive Vice President of Legal & Compliance | no data | no data | no data | |
| Senior Vice President of Internal Audit | 1.5yrs | US$400.00k | no data | |
| Vice President of Exploration | no data | US$380.87k | no data | |
| Development and Technology Manager | no data | no data | no data | |
| Vice President of Partner Operated Assets | no data | US$399.93k | no data | |
| Vice President of Contracts & Procurement | no data | US$311.40k | no data |
1.1yrs
Average Tenure
51yo
Average Age
Experienced Management: VARO's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.