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 percentage | 67.4% |
CEO tenure | 10yrs |
CEO ownership | 0.06% |
Management average tenure | 7.8yrs |
Board average tenure | 4.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | NOK 241m |
Jun 30 2024 | n/a | n/a | NOK 227m |
Mar 31 2024 | n/a | n/a | NOK 226m |
Dec 31 2023 | NOK 3m | NOK 2m | NOK 226m |
Sep 30 2023 | n/a | n/a | NOK 181m |
Jun 30 2023 | n/a | n/a | NOK 155m |
Mar 31 2023 | n/a | n/a | NOK 112m |
Dec 31 2022 | NOK 3m | NOK 2m | NOK 72m |
Sep 30 2022 | n/a | n/a | NOK 83m |
Jun 30 2022 | n/a | n/a | NOK 75m |
Mar 31 2022 | n/a | n/a | NOK 47m |
Dec 31 2021 | NOK 3m | NOK 2m | NOK 94m |
Sep 30 2021 | n/a | n/a | NOK 85m |
Jun 30 2021 | n/a | n/a | NOK 75m |
Mar 31 2021 | n/a | n/a | NOK 86m |
Dec 31 2020 | NOK 2m | NOK 2m | NOK 43m |
Sep 30 2020 | n/a | n/a | NOK 4m |
Jun 30 2020 | n/a | n/a | -NOK 25m |
Mar 31 2020 | n/a | n/a | -NOK 50m |
Dec 31 2019 | NOK 2m | NOK 2m | -NOK 36m |
Sep 30 2019 | n/a | n/a | -NOK 15m |
Jun 30 2019 | n/a | n/a | -NOK 11m |
Mar 31 2019 | n/a | n/a | -NOK 9m |
Dec 31 2018 | NOK 2m | NOK 2m | -NOK 10m |
Sep 30 2018 | n/a | n/a | -NOK 16m |
Jun 30 2018 | n/a | n/a | -NOK 21m |
Mar 31 2018 | n/a | n/a | -NOK 37m |
Dec 31 2017 | NOK 1m | NOK 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & MD | 10yrs | NOK 3.25m | 0.055% NOK 1.4m | |
Chief Financial Officer | no data | NOK 3.28m | 0.11% NOK 2.8m | |
Chief Operations Officer | 8.2yrs | NOK 3.23m | 0.45% NOK 11.3m | |
Chief Technology Officer | 1.8yrs | NOK 3.03m | 0.074% NOK 1.9m | |
Chief Commercial Officer | 7.7yrs | NOK 3.42m | 0.29% NOK 7.2m | |
Asset Manager | 7.8yrs | no data | no data |
7.8yrs
Average Tenure
Experienced Management: 0EMB's management team is seasoned and experienced (7.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Director | 12yrs | NOK 255.00k | 0.33% NOK 8.3m | |
Director | 4.5yrs | NOK 255.00k | no data | |
Board Observer & Director | 2.7yrs | NOK 255.00k | no data | |
Chairperson | 4.5yrs | NOK 503.00k | no data | |
Independent Director | 6.5yrs | NOK 306.00k | 0.22% NOK 5.6m | |
Independent Director | 5.8yrs | NOK 332.00k | 0.022% NOK 560.9k | |
Board Observer & Director | 2.7yrs | NOK 255.00k | no data |
4.5yrs
Average Tenure
55yo
Average Age
Experienced Board: 0EMB's board of directors are considered experienced (4.5 years average tenure).