Reach Subsea Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Jostein Alendal

Chief executive officer

NOK 3.2m

Total compensation

CEO salary percentage67.4%
CEO tenure10yrs
CEO ownership0.06%
Management average tenure7.8yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jostein Alendal's remuneration changed compared to Reach Subsea's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 241m

Jun 30 2024n/an/a

NOK 227m

Mar 31 2024n/an/a

NOK 226m

Dec 31 2023NOK 3mNOK 2m

NOK 226m

Sep 30 2023n/an/a

NOK 181m

Jun 30 2023n/an/a

NOK 155m

Mar 31 2023n/an/a

NOK 112m

Dec 31 2022NOK 3mNOK 2m

NOK 72m

Sep 30 2022n/an/a

NOK 83m

Jun 30 2022n/an/a

NOK 75m

Mar 31 2022n/an/a

NOK 47m

Dec 31 2021NOK 3mNOK 2m

NOK 94m

Sep 30 2021n/an/a

NOK 85m

Jun 30 2021n/an/a

NOK 75m

Mar 31 2021n/an/a

NOK 86m

Dec 31 2020NOK 2mNOK 2m

NOK 43m

Sep 30 2020n/an/a

NOK 4m

Jun 30 2020n/an/a

-NOK 25m

Mar 31 2020n/an/a

-NOK 50m

Dec 31 2019NOK 2mNOK 2m

-NOK 36m

Sep 30 2019n/an/a

-NOK 15m

Jun 30 2019n/an/a

-NOK 11m

Mar 31 2019n/an/a

-NOK 9m

Dec 31 2018NOK 2mNOK 2m

-NOK 10m

Sep 30 2018n/an/a

-NOK 16m

Jun 30 2018n/an/a

-NOK 21m

Mar 31 2018n/an/a

-NOK 37m

Dec 31 2017NOK 1mNOK 1m

-NOK 31m

Compensation vs Market: Jostein's total compensation ($USD293.13K) is below average for companies of similar size in the UK market ($USD736.76K).

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


CEO

Jostein Alendal

10yrs

Tenure

NOK 3,247,000

Compensation

Mr. Jostein Alendal has been the Chief Executive Officer of Reach Subsea ASA since November 2014 and serves as its Managing Director. Mr. Alendal served as Business Development Manager at Reach Subsea ASA....


Leadership Team

NamePositionTenureCompensationOwnership
Jostein Alendal
CEO & MD10yrsNOK 3.25m0.055%
NOK 1.4m
Birgitte Johansen
Chief Financial Officerno dataNOK 3.28m0.11%
NOK 2.8m
Inge Grutle
Chief Operations Officer8.2yrsNOK 3.23m0.45%
NOK 11.3m
Audun Brandtzaeg
Chief Technology Officer1.8yrsNOK 3.03m0.074%
NOK 1.9m
Bard Hogheim
Chief Commercial Officer7.7yrsNOK 3.42m0.29%
NOK 7.2m
Sven Storesund
Asset Manager7.8yrsno datano data

7.8yrs

Average Tenure

Experienced Management: 0EMB's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Anders Onarheim
Independent Director12yrsNOK 255.00k0.33%
NOK 8.3m
Martha Kold Bakkevig
Director4.5yrsNOK 255.00kno data
Espen Gjerde
Board Observer & Director2.7yrsNOK 255.00kno data
Rachid Bendriss
Chairperson4.5yrsNOK 503.00kno data
Kristine Skeie
Independent Director6.5yrsNOK 306.00k0.22%
NOK 5.6m
Ingunn Iveland
Independent Director5.8yrsNOK 332.00k0.022%
NOK 560.9k
Arvid Pettersen
Board Observer & Director2.7yrsNOK 255.00kno data

4.5yrs

Average Tenure

55yo

Average Age

Experienced Board: 0EMB's board of directors are considered experienced (4.5 years average tenure).