Eidesvik Offshore ASA

LSE:0E9O Stock Report

Market Cap: NOK 1.3b

Eidesvik Offshore Management

Management criteria checks 3/4

Eidesvik Offshore's CEO is Gitte Talmo, appointed in Jan 2022, has a tenure of 2.58 years. total yearly compensation is NOK3.48M, comprised of 67% salary and 33% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth NOK134.93K. The average tenure of the management team and the board of directors is 2.3 years and 1.7 years respectively.

Key information

Gitte Talmo

Chief executive officer

NOK 3.5m

Total compensation

CEO salary percentage67.0%
CEO tenure2.6yrs
CEO ownership0.01%
Management average tenure2.3yrs
Board average tenure1.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Gitte Talmo's remuneration changed compared to Eidesvik Offshore's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

NOK 548m

Dec 31 2023NOK 3mNOK 2m

NOK 515m

Sep 30 2023n/an/a

NOK 687m

Jun 30 2023n/an/a

NOK 819m

Mar 31 2023n/an/a

NOK 335m

Dec 31 2022NOK 3mNOK 2m

NOK 346m

Sep 30 2022n/an/a

NOK 212m

Jun 30 2022n/an/a

NOK 4m

Mar 31 2022n/an/a

NOK 61m

Dec 31 2021NOK 2mNOK 1m

-NOK 16m

Sep 30 2021n/an/a

-NOK 190m

Jun 30 2021n/an/a

-NOK 137m

Mar 31 2021n/an/a

-NOK 87m

Dec 31 2020NOK 2mNOK 1m

-NOK 124m

Compensation vs Market: Gitte's total compensation ($USD332.41K) is about average for companies of similar size in the UK market ($USD368.56K).

Compensation vs Earnings: Gitte's compensation has been consistent with company performance over the past year.

CEO

Gitte Talmo

2.6yrs

Tenure

NOK 3,478,000

Compensation

Ms. Gitte Gard Talmo serves as President & Chief Executive Officer of Eidesvik Offshore ASA since January 01, 2022 and served as Chief Commercial Officer since October 01, 2016 until January 01, 2022.

Leadership Team

NamePositionTenureCompensationOwnership
Gitte Talmo
President & CEO2.6yrsNOK 3.48m0.011%
NOK 134.9k
Helga Cotgrove
Chief Financial Officer1.8yrsNOK 2.78m0.0080%
NOK 101.8k
Arve Nilsen
Chief Operating Officer2.3yrsNOK 2.34mno data
Petter Lonning
Chief Engineerno dataNOK 38.00kno data
Sverre Horgen
Chief Technology Officerno datano datano data
Erling Lodden
Vice President of Human Recourcesno dataNOK 1.64mno data

2.3yrs

Average Tenure

Experienced Management: 0E9O's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Arne Austreid
Independent Chairman3.3yrsNOK 555.00kno data
Annicken Kildahl
Independent Directorno datano datano data
Bjorg Eknes
Independent Director3.3yrsNOK 318.00k0.034%
NOK 438.4k
Lauritz Eidesvik
Deputy Chairman of the Board6.3yrsNOK 285.00k0.00027%
NOK 3.5k
Borre Lindanger
Employee Representative Directorless than a yearNOK 113.00kno data
Tore Hettervik
Substitute Employee Representative Directorless than a yearNOK 74.00kno data
Kjetil Eidesvik
Directorless than a yearno datano data

1.7yrs

Average Tenure

56yo

Average Age

Experienced Board: 0E9O's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.