BlueNord Management
Management criteria checks 3/4
BlueNord's CEO is Euan Shirlaw, appointed in Nov 2021, has a tenure of 3.08 years. total yearly compensation is $1.22M, comprised of 43.6% salary and 56.4% bonuses, including company stock and options. directly owns 0.027% of the company’s shares, worth NOK4.37M. The average tenure of the management team and the board of directors is 1.2 years and 3.6 years respectively.
Key information
Euan Shirlaw
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 43.6% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.2yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$40m |
| Jun 30 2024 | n/a | n/a | US$29m |
| Mar 31 2024 | n/a | n/a | US$57m |
| Dec 31 2023 | US$1m | US$533k | US$110m |
| Sep 30 2023 | n/a | n/a | US$172m |
| Jun 30 2023 | n/a | n/a | US$160m |
| Mar 31 2023 | n/a | n/a | US$85m |
| Dec 31 2022 | US$3m | US$470k | -US$9m |
| Sep 30 2022 | n/a | n/a | -US$134m |
| Jun 30 2022 | n/a | n/a | -US$119m |
| Mar 31 2022 | n/a | n/a | -US$89m |
| Dec 31 2021 | US$699k | US$376k | -US$53m |
| Sep 30 2021 | n/a | n/a | -US$9m |
| Jun 30 2021 | n/a | n/a | -US$15m |
| Mar 31 2021 | n/a | n/a | US$32m |
| Dec 31 2020 | US$574k | US$308k | US$17m |
| Sep 30 2020 | n/a | n/a | US$52m |
| Jun 30 2020 | n/a | n/a | US$226m |
| Mar 31 2020 | n/a | n/a | US$195m |
| Dec 31 2019 | US$515k | US$77k | US$215m |
Compensation vs Market: Euan's total compensation ($USD1.22M) is below average for companies of similar size in the UK market ($USD2.37M).
Compensation vs Earnings: Euan's compensation has been consistent with company performance over the past year.
CEO
Euan Shirlaw
3.1yrs
Tenure
US$1,222,000
Compensation
Mr. Euan Shirlaw served as Chief Financial Officer of BlueNord ASA (formerly known as Norwegian Energy Company ASA) since October 1, 2019 and serves as its Chief Executive Officer since May 12, 2022 and ha...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 3.1yrs | US$1.22m | 0.027% NOK 4.4m | |
| Chief Financial Officer | no data | US$643.00k | 0.0038% NOK 626.8k | |
| Chief Corporate Affairs Officer | 1.2yrs | US$565.00k | 0.022% NOK 3.5m | |
| Chief Operating Officer | less than a year | no data | 0.0036% NOK 587.6k |
1.2yrs
Average Tenure
Experienced Management: 0HTF's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 4.8yrs | US$65.00k | no data | |
| Director | 8.6yrs | US$75.00k | 0.0079% NOK 1.3m | |
| Director | less than a year | no data | no data | |
| Director | 8.6yrs | US$65.00k | 0.0076% NOK 1.2m | |
| Director | less than a year | no data | no data | |
| Director | 3.6yrs | no data | no data | |
| Chair of the Board | less than a year | no data | no data |
3.6yrs
Average Tenure
60.5yo
Average Age
Experienced Board: 0HTF's board of directors are considered experienced (3.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 15:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
BlueNord ASA is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anna-Karin Hempel | Arctic Securities ASA |
| Morten Lindbäck | Beringer Finance AB |
| Alexander Holbourn | BofA Global Research |