TGS Management
Management criteria checks 2/4
TGS' CEO is Kristian Johansen, appointed in Mar 2016, has a tenure of 8.75 years. total yearly compensation is $1.65M, comprised of 45.4% salary and 54.6% bonuses, including company stock and options. directly owns 0.095% of the company’s shares, worth NOK20.57M. The average tenure of the management team and the board of directors is 0.9 years and 1.6 years respectively.
Key information
Kristian Johansen
Chief executive officer
US$1.6m
Total compensation
| CEO salary percentage | 45.4% |
| CEO tenure | 8.8yrs |
| CEO ownership | 0.09% |
| Management average tenure | less than a year |
| Board average tenure | 1.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$47m |
| Jun 30 2024 | n/a | n/a | US$26m |
| Mar 31 2024 | n/a | n/a | US$14m |
| Dec 31 2023 | US$2m | US$747k | US$22m |
| Sep 30 2023 | n/a | n/a | US$74m |
| Jun 30 2023 | n/a | n/a | US$55m |
| Mar 31 2023 | n/a | n/a | US$58m |
| Dec 31 2022 | US$2m | US$587k | US$88m |
| Sep 30 2022 | n/a | n/a | -US$32m |
| Jun 30 2022 | n/a | n/a | -US$27m |
| Mar 31 2022 | n/a | n/a | -US$68m |
| Dec 31 2021 | US$1m | US$564k | -US$76m |
| Sep 30 2021 | n/a | n/a | US$12m |
| Jun 30 2021 | n/a | n/a | -US$62m |
| Mar 31 2021 | n/a | n/a | -US$124m |
| Dec 31 2020 | US$2m | US$532k | -US$167m |
| Sep 30 2020 | n/a | n/a | -US$108m |
| Jun 30 2020 | n/a | n/a | US$2m |
| Mar 31 2020 | n/a | n/a | US$79m |
| Dec 31 2019 | US$3m | US$571k | US$113m |
| Sep 30 2019 | n/a | n/a | US$168m |
| Jun 30 2019 | n/a | n/a | US$161m |
| Mar 31 2019 | n/a | n/a | US$186m |
| Dec 31 2018 | US$2m | US$558k | US$179m |
| Sep 30 2018 | n/a | n/a | US$109m |
| Jun 30 2018 | n/a | n/a | US$85m |
| Mar 31 2018 | n/a | n/a | US$71m |
| Dec 31 2017 | US$2m | US$528k | US$76m |
Compensation vs Market: Kristian's total compensation ($USD1.65M) is below average for companies of similar size in the UK market ($USD2.41M).
Compensation vs Earnings: Kristian's compensation has been consistent with company performance over the past year.
CEO
Kristian Johansen (53 yo)
8.8yrs
Tenure
US$1,646,000
Compensation
Mr. Kristian Kuvaas Johansen serves as Independent Director at International Seaways, Inc. from June 12, 2024. He serves as Independent Director at Valaris Limited from June 7, 2023. He has been the Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 8.8yrs | US$1.65m | 0.095% NOK 20.6m | |
| Chief Financial Officer | 3.3yrs | US$585.00k | 0.030% NOK 6.5m | |
| Executive VP of Legal & General Counsel | 11.9yrs | US$654.00k | 0.030% NOK 6.4m | |
| Executive Vice President of Sustainability & Communication | less than a year | US$452.00k | 0.0050% NOK 1.1m | |
| Executive Vice President of Multi-Client | 3.8yrs | US$571.00k | 0.012% NOK 2.5m | |
| Executive Vice President of New Energy Solutions | less than a year | US$892.00k | 0.017% NOK 3.6m | |
| Executive Vice President of Operations | less than a year | no data | no data | |
| Executive Vice President of Imaging & Technology | less than a year | no data | no data | |
| Executive Vice President of People & Culture | less than a year | no data | no data | |
| Senior VP of Imaging | 4.9yrs | no data | no data | |
| Executive Vice President of Contract | less than a year | no data | no data | |
| Director of Corporate Marketing | no data | no data | no data |
0.9yrs
Average Tenure
50.5yo
Average Age
Experienced Management: 0MSJ's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | less than a year | no data | 0.0036% NOK 772.6k | |
| Chairman of the Board | 5.6yrs | US$174.00k | 0.017% NOK 3.7m | |
| Independent Director | less than a year | no data | 0.0049% NOK 1.1m | |
| Independent Director | 1.6yrs | US$41.00k | 0.0019% NOK 403.6k | |
| Independent Director | 3.6yrs | US$58.00k | 0.034% NOK 7.4m | |
| Independent Director | 1.6yrs | US$41.00k | 0.0019% NOK 403.6k | |
| Independent Director | 1.6yrs | US$41.00k | 0.0029% NOK 640.2k | |
| Independent Director | less than a year | no data | 0.0010% NOK 221.4k |
1.6yrs
Average Tenure
65yo
Average Age
Experienced Board: 0MSJ's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 14:15 |
| End of Day Share Price | 2024/12/23 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 |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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Industry and Sector Metrics
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Analyst Sources
TGS ASA is covered by 33 analysts. 5 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 |
|---|---|
| John A. Olaisen | ABG Sundal Collier |
| Iver Baatvik | ABN AMRO Bank N.V. |
| Christian Yggeseth | Arctic Securities ASA |