Grieg Seafood ASA

BATS-CHIXE:GSFO Stock Report

Market Cap: NOK 7.3b

Grieg Seafood Management

Management criteria checks 3/4

Grieg Seafood's CEO is Andreas Kvame, appointed in Jun 2015, has a tenure of 9.42 years. total yearly compensation is NOK4.46M, comprised of 89.8% salary and 10.2% bonuses, including company stock and options. directly owns 0.04% of the company’s shares, worth NOK2.88M. The average tenure of the management team and the board of directors is 5.8 years and 0.4 years respectively.

Key information

Andreas Kvame

Chief executive officer

NOK 4.5m

Total compensation

CEO salary percentage89.8%
CEO tenure9.4yrs
CEO ownership0.04%
Management average tenure5.8yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andreas Kvame's remuneration changed compared to Grieg Seafood's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-NOK 336m

Mar 31 2024n/an/a

-NOK 198m

Dec 31 2023NOK 4mNOK 4m

NOK 560m

Sep 30 2023n/an/a

NOK 75m

Jun 30 2023n/an/a

-NOK 353m

Mar 31 2023n/an/a

NOK 889m

Dec 31 2022NOK 12mNOK 4m

NOK 1b

Sep 30 2022n/an/a

NOK 1b

Jun 30 2022n/an/a

NOK 2b

Mar 31 2022n/an/a

NOK 1b

Dec 31 2021NOK 4mNOK 3m

NOK 604m

Sep 30 2021n/an/a

NOK 345m

Jun 30 2021n/an/a

NOK 143m

Mar 31 2021n/an/a

NOK 36m

Dec 31 2020n/an/a

-NOK 342m

Sep 30 2020n/an/a

NOK 128m

Jun 30 2020n/an/a

-NOK 91m

Mar 31 2020n/an/a

NOK 53m

Dec 31 2019NOK 7mNOK 3m

NOK 574m

Sep 30 2019n/an/a

NOK 473m

Jun 30 2019n/an/a

NOK 967m

Mar 31 2019n/an/a

NOK 998m

Dec 31 2018NOK 6mNOK 3m

NOK 973m

Sep 30 2018n/an/a

NOK 820m

Jun 30 2018n/an/a

NOK 782m

Mar 31 2018n/an/a

NOK 860m

Dec 31 2017NOK 7mNOK 2m

NOK 571m

Compensation vs Market: Andreas's total compensation ($USD402.94K) is below average for companies of similar size in the UK market ($USD1.46M).

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

CEO

Andreas Kvame (62 yo)

9.4yrs

Tenure

NOK 4,457,000

Compensation

Mr. Andreas Kvame has been Chief Executive Officer at Grieg Seafood ASA since June 1, 2015. Mr. Kvame served as Managing Director for Scanbio AS and knows the salmon farming industry very well after 17 yea...

Leadership Team

NamePositionTenureCompensationOwnership
Andreas Kvame
Chief Executive Officer9.4yrsNOK 4.46m0.040%
NOK 2.9m
Atle Sandtorv
Chief Financial Officer14.9yrsNOK 3.02m0.025%
NOK 1.8m
Knut Utheim
Chief Technology Officer4.5yrsNOK 2.41m0.023%
NOK 1.7m
Kristina Furnes
Chief Communications Officer5.8yrsNOK 1.46m0.0046%
NOK 335.0k
Kathleen Mathisen
Chief Human Resources Officer8.5yrsNOK 1.99m0.014%
NOK 1.0m
Alexander Knudsen
Chief Operating Officer of Farming Norway4.5yrsNOK 2.60m0.022%
NOK 1.6m
Grant Cumming
Chief Operating Officer of Farming Canada1.8yrsNOK 2.60m0.0088%
NOK 638.7k
Nina Stangeland
Chief Strategy Officer1.8yrsNOK 568.00kno data
Tor Homme
Chief Sustainability Officerno datano datano data
Trond Kathenes
Chief Digital Officer13.8yrsno datano data

5.8yrs

Average Tenure

53yo

Average Age

Experienced Management: GSFO's management team is seasoned and experienced (5.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Per Grieg
Chairman of the Board15.5yrsNOK 542.00k0.013%
NOK 972.2k
Marit Solberg
Directorless than a yearno datano data
Nicolai Grieg
Director3yrsNOK 314.00k2.2%
NOK 159.6m
Paal Johnsen
Directorless than a yearno datano data
Silje Remoy
Directorless than a yearno datano data

0.4yrs

Average Tenure

Experienced Board: GSFO's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.