Mowi Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Ivan Vindheim

Chief executive officer

€933.0k

Total compensation

CEO salary percentage	68.8%
CEO tenure	5yrs
CEO ownership	0.003%
Management average tenure	5yrs
Board average tenure	less than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ivan Vindheim's remuneration changed compared to Mowi's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€430m
Jun 30 2024	n/a	n/a	€491m
Mar 31 2024	n/a	n/a	€334m
Dec 31 2023	€933k	€642k	€444m
Sep 30 2023	n/a	n/a	€418m
Jun 30 2023	n/a	n/a	€383m
Mar 31 2023	n/a	n/a	€856m
Dec 31 2022	€2m	€702k	€782m
Sep 30 2022	n/a	n/a	€736m
Jun 30 2022	n/a	n/a	€683m
Mar 31 2022	n/a	n/a	€459m
Dec 31 2021	€2m	€681k	€488m
Sep 30 2021	n/a	n/a	€432m
Jun 30 2021	n/a	n/a	€504m
Mar 31 2021	n/a	n/a	€429m
Dec 31 2020	€2m	€606k	€118m
Sep 30 2020	n/a	n/a	€273m
Jun 30 2020	n/a	n/a	€117m
Mar 31 2020	n/a	n/a	€206m
Dec 31 2019	€1m	€396k	€478m
Sep 30 2019	n/a	n/a	€436m
Jun 30 2019	n/a	n/a	€550m
Mar 31 2019	n/a	n/a	€582m
Dec 31 2018	€1m	€349k	€567m
Sep 30 2018	n/a	n/a	€433m
Jun 30 2018	n/a	n/a	€530m
Mar 31 2018	n/a	n/a	€424m
Dec 31 2017	€1m	n/a	€463m

Compensation vs Market: Ivan's total compensation ($USD971.57K) is below average for companies of similar size in the UK market ($USD3.23M).

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

CEO

Ivan Vindheim (53 yo)

5yrs

Tenure

€933,000

Compensation

Mr. Ivan Vindheim serves as Director at Arctic Fish Holding AS since January 06, 2023. He serves as Chief Executive Officer at Mowi ASA (Marine Harvest ASA) since November 12, 2019. He serves as Director o...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ivan Vindheim	Chief Executive Officer	5yrs	€933.00k	0.0026% NOK 2.7m
Kristian Ellingsen	Chief Financial Officer	5yrs	€297.00k	0.00024% NOK 251.9k
Catarina Martins	Chief Sustainability Officer & CTO	5.6yrs	€267.00k	0.00052% NOK 545.9k
Ola Brattvoll	Chief Operating Officer of Sales & Marketing	13.9yrs	€362.00k	0.0020% NOK 2.1m
Benjamin Hadfield	Chief Operating Officer of Farming Scotland	11.8yrs	€444.00k	0.0016% NOK 1.6m
Oyvind Oaland	Chief Operating Officer of Farming Norway & Iceland	4.6yrs	€356.00k	0.0011% NOK 1.1m
Atle Kvist	Chief Operating Officer of Feed	4.8yrs	€286.00k	0.00015% NOK 157.5k
Fernando Villarroel	Chief Operating Officer of Farming Americas	4.1yrs	€365.00k	0.0011% NOK 1.1m
Kim Dosvig	Head of Treasury & Investor Relations Officer	no data	no data	0.00027% NOK 283.4k
Kjersti Eikeseth	Chief Human Resources Officer	less than a year	no data	0.00020% NOK 209.9k
Charlie Wu	Managing Director of Marine Harvest Asia	23.8yrs	no data	no data
Teis Knudsen	Managing Director of Global Processing Excellence	no data	no data	no data

5.0yrs

Average Tenure

50yo

Average Age

Experienced Management: MOWIO's management team is seasoned and experienced (5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lisbeth Naero	Independent Director	9.4yrs	€64.00k	0.00046% NOK 482.9k
Orjan Svanevik	Chairman	less than a year	no data	no data
Peder Strand	Director	2.4yrs	€50.00k	0.00018% NOK 189.0k
Kristian Melhuus	Independent Deputy Chairperson	6.8yrs	€68.00k	0.00042% NOK 440.9k
Kathrine Fredriksen	Director	2.4yrs	€50.00k	0.00027% NOK 283.4k
Kjersti Hobol	Director	less than a year	no data	no data
Leif Teksum	Director	less than a year	no data	0.0011% NOK 1.1m
Marit Utnes	Director	less than a year	no data	0.00021% NOK 220.4k
John Johansen	Director	less than a year	no data	0.00012% NOK 126.0k
Eivind Kallbekken	Director	less than a year	no data	0.00012% NOK 126.0k

0.8yrs

Average Tenure

56yo

Average Age

Experienced Board: MOWIO's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.

Mowi Management

Management criteria checks 3/4

Key information

Recent management updates

Mowi ASA Elects Ørjan Svanevik as Board Member and Chairperson

Mowi ASA, Annual General Meeting, Jun 04, 2025

Mowi ASA Announces Board and Committee Appointments

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Mowi ASA Elects Ørjan Svanevik as Board Member and Chairperson

Mowi ASA Announces Quarterly Dividend, Payable on 25 November 2024

Mowi ASA Declares Quarterly Dividend, Payable on 9 September 2024

Mowi ASA, Annual General Meeting, Jun 04, 2025

Mowi ASA to Report Q3, 2025 Results on Nov 05, 2025

Mowi ASA Announces Board and Committee Appointments

Mowi ASA Declares Quarterly Dividend, Payable on 28 May 2024

Less than half of directors are independent

Fourth quarter dividend of kr1.90 announced

Mowi ASA Announces Quarterly Distribution, Payable on 4 March 2024

Full year 2023 earnings released: EPS: €0.86 (vs €1.51 in FY 2022)

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Third quarter 2023 earnings released: EPS: €0.21 (vs €0.15 in 3Q 2022)

Mowi ASA Announces Quarterly Dividend

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Mowi Reaffirms Harvest Volume Guidance for the Year 2023

Less than half of directors are independent

Mowi ASA to Report Q1, 2024 Results on May 08, 2024

First quarter 2023 earnings released: EPS: €0.54 (vs €0.40 in 1Q 2022)

Mowi ASA Resolves Quarterly Dividend Distribution, Payable on 30 May 2023

Full year 2022 earnings released: EPS: €1.51 (vs €0.94 in FY 2021)

High number of new directors

Full year 2022 earnings released: EPS: €1.51 (vs €0.94 in FY 2021)

Mowi ASA Declares Quarterly Dividend, Payable on 6 March 2023

Mowi ASA (OB:MOWI) acquired Dawnfresh Seafoods Limited.

High number of new directors

Mowi ASA (OB:MOWI) completed the acquisition of 51.28% stake in Arctic Fish Holding AS (OB : AFISH) from Norway Royal Salmon AS.

High number of new directors

Mowi ASA Announces Quarterly Distribution, Payable on 28 November 2022

Mowi ASA Announces Quarterly Distribution

Mowi ASA (OB:MOWI) agreed to acquire 51.28% stake in Arctic Fish ehf. for NOK 1.88 billion.

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: €0.68 (vs €0.25 in 2Q 2021)

Mowi ASA Reaffirms Harvest Guidance for the Year 2022

Mowi ASA Announces Quarterly Distribution, Payable on 12 September 2022

High number of new directors

Mowi ASA Provides Earnings Guidance for the Second Quarter of 2022

High number of new directors

Mowi ASA to Report First Half, 2023 Results on Aug 23, 2023

First quarter 2022 earnings released: EPS: €0.40 (vs €0.45 in 1Q 2021)

Mowi ASA Announces Extraordinary Dividend, Payable on 31 May 2022

High number of new directors

Full year 2021 earnings released: EPS: €0.94 (vs €0.23 in FY 2020)

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Mowi ASA Announces Quarterly Dividend, Payable on 7 March 2022

Third quarter 2021 earnings released: EPS €0.05 (vs €0.18 in 3Q 2020)

Second quarter 2021 earnings released: EPS €0.25 (vs €0.10 in 2Q 2020)

Mowi ASA Announces Extraordinary Distribution, Payable on 13 September 2021

First quarter 2021 earnings released: EPS €0.45 (vs €0.15 loss in 1Q 2020)

Mowi ASA Announces Quarterly Distribution, Payable on June 7, 2021

Mowi Consumer Products Introduces the MOWI Essential™ Atlantic Salmon Line At Brick & Mortar with Nationwide Presence

Full year 2020 earnings released: EPS €0.23 (vs €0.93 in FY 2019)

New 90-day high: kr210

Full year 2020 earnings released: EPS €0.23 (vs €0.93 in FY 2019)

Revenue misses expectations

New 90-day high: kr193

New 90-day high: kr190

Antin Infrastructure Partners S.A.S. entered into a share purchase agreement to acquire 50% stake in DESS Aquaculture Shipping AS from Mowi ASA (OB:MOWI) for approximately €120 million.

Mowi Appoints Fernando Villarroel as Chief Operating Officer Farming Americas

Ivar Wartdal majority shareholder of Aalesundfisk AS acquired 44.2% stake in Aalesundfisk AS from Pan Fish ASA.

CEO Compensation Analysis

CEO

Tenure

Compensation