Salmon Evolution ASA

BATS-CHIXE:SALMEO Stock Report

Market Cap: NOK 3.2b

Salmon Evolution Management

Management criteria checks 3/4

Salmon Evolution's CEO is Trond Schaug-Pettersen, appointed in Oct 2022, has a tenure of 1.92 years. total yearly compensation is NOK4.45M, comprised of 61.5% salary and 38.5% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth NOK3.42M. The average tenure of the management team and the board of directors is 2 years and 3.5 years respectively.

Key information

Trond Schaug-Pettersen

Chief executive officer

NOK 4.5m

Total compensation

CEO salary percentage61.5%
CEO tenure1.9yrs
CEO ownership0.1%
Management average tenure2yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Trond Schaug-Pettersen's remuneration changed compared to Salmon Evolution's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-NOK 82m

Mar 31 2024n/an/a

-NOK 115m

Dec 31 2023NOK 4mNOK 3m

-NOK 146m

Sep 30 2023n/an/a

-NOK 101m

Jun 30 2023n/an/a

-NOK 79m

Mar 31 2023n/an/a

-NOK 64m

Dec 31 2022NOK 4mNOK 2m

-NOK 33m

Sep 30 2022n/an/a

-NOK 31m

Jun 30 2022n/an/a

-NOK 23m

Mar 31 2022n/an/a

-NOK 22m

Dec 31 2021NOK 4mNOK 2m

-NOK 26m

Compensation vs Market: Trond's total compensation ($USD426.50K) is below average for companies of similar size in the UK market ($USD1.02M).

Compensation vs Earnings: Trond's compensation has increased whilst the company is unprofitable.

CEO

Trond Schaug-Pettersen (40 yo)

1.9yrs

Tenure

NOK 4,454,000

Compensation

Mr. Trond HaKon Schaug-Pettersen was Chief Financial Officer of Salmon Evolution ASA since January 1, 2021 and served as its Interim Chief Executive Officer since October 25, 2022 until January 2023 and si...

Leadership Team

NamePositionTenureCompensationOwnership
Trond Schaug-Pettersen
Chief Executive Officer1.9yrsNOK 4.45m0.11%
NOK 3.4m
Trond Veibust
Chief Financial Officer1.4yrsNOK 2.04m0.012%
NOK 376.2k
Ingjarl Skarvoy
Chief Operating Officer4.7yrsNOK 2.57m0.39%
NOK 12.3m
Henriette Nordstrand
Technical Director2.1yrsNOK 1.25m0.0071%
NOK 224.7k
Kamilla Holo
Chief Project Officerno dataNOK 2.04m0.035%
NOK 1.1m
Odd Roaldsnes
CCO & Head of Asia3yrsNOK 2.33m0.054%
NOK 1.7m
Tore-Jakob Reite
Director of Strategic Projects1.4yrsNOK 1.30m0.00027%
NOK 8.5k
Vibeke Hanssen
Vice President of Communicationsno datano datano data

2.0yrs

Average Tenure

Experienced Management: SALMEO's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Anne Breiby
Independent Director4.7yrsNOK 250.00k0.037%
NOK 1.2m
Jan-Emil Johannessen
Independent Director1.3yrsno data0.0086%
NOK 273.7k
Tore Tonseth
Independent Chairman of the Board4.7yrsNOK 500.00k6.52%
NOK 206.2m
Ingvild Vartdal
Independent Director3.5yrsNOK 250.00kno data
Peder Stette
Independent Director4.7yrsNOK 250.00kno data
Vibecke Bondo
Independent Director1.3yrsno data0.42%
NOK 13.3m
Eunhong Min
Director2.3yrsNOK 250.00k3.47%
NOK 109.7m

3.5yrs

Average Tenure

60yo

Average Age

Experienced Board: SALMEO's board of directors are considered experienced (3.5 years average tenure).