Odfjell Technology Ltd.

LSE:0ABV Stock Report

Market Cap: NOK 1.9b

Odfjell Technology Management

Management criteria checks 1/4

Odfjell Technology's CEO is Simen Lieungh, appointed in Jan 2022, has a tenure of 2.83 years. total yearly compensation is NOK12.76M, comprised of 49.7% salary and 50.3% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth NOK1.93M. The average tenure of the management team and the board of directors is 2.8 years and 2.8 years respectively.

Key information

Simen Lieungh

Chief executive officer

NOK 12.8m

Total compensation

CEO salary percentage49.7%
CEO tenure2.8yrs
CEO ownership0.1%
Management average tenure2.8yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Simen Lieungh's remuneration changed compared to Odfjell Technology's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 315m

Jun 30 2024n/an/a

NOK 361m

Mar 31 2024n/an/a

NOK 352m

Dec 31 2023NOK 13mNOK 6m

NOK 344m

Sep 30 2023n/an/a

NOK 317m

Jun 30 2023n/an/a

NOK 276m

Mar 31 2023n/an/a

NOK 204m

Dec 31 2022NOK 8mNOK 4m

NOK 253m

Compensation vs Market: Simen's total compensation ($USD1.15M) is above average for companies of similar size in the UK market ($USD729.48K).

Compensation vs Earnings: Simen's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Simen Lieungh (64 yo)

2.8yrs

Tenure

NOK 12,759,000

Compensation

Mr. Simen Lieungh is Independent Non-Executive Chairman of Odfjell Drilling Ltd. since March 29, 2022. He serves as Chief Executive Officer of Odfjell Technology Ltd.since 2022. He was Director at Multico...

Leadership Team

NamePositionTenureCompensationOwnership
Simen Lieungh
Chief Executive Officer2.8yrsNOK 12.76m0.10%
NOK 1.9m
Jone Torstensen
Chief Financial Officer2.8yrsNOK 6.45m0.013%
NOK 241.8k
Kurt Fjell
Executive Vice President of Operationsno datano datano data
Gert Haugland
Senior Vice President of Finance & Investor Relationsno datano datano data
Kurt Holsaeter
Senior Vice President of Human Resources2.8yrsno datano data
Anne Saevareid
Executive Vice President of Projects & Engineering2.8yrsno datano data
Randi Overland
Senior Vice President of Global Business Services2.8yrsno datano data
Elisabeth Haram
Executive Vice President of Well Services2.8yrsno datano data
Gillian Basson
Corporate Secretaryno datano datano data

2.8yrs

Average Tenure

55yo

Average Age

Experienced Management: 0ABV's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Victor Vadaneaux
Independent Director2.7yrsNOK 375.00k0.042%
NOK 800.8k
Susanne Elise Thore
Independent Director2.8yrsNOK 475.00k0.0013%
NOK 24.2k
Alasdair Shiach
Independent Director2.8yrsNOK 425.00kno data
Helene Odfjell
Non-Executive Chair of the Board2.8yrsNOK 800.00kno data

2.8yrs

Average Tenure

62yo

Average Age

Experienced Board: 0ABV's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.