Elkem Management
Management criteria checks 4/4
Elkem's CEO is Helge Aasen, appointed in Jun 2021, has a tenure of 3.5 years. total yearly compensation is NOK11.52M, comprised of 59.9% salary and 40.1% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth NOK1.17M. The average tenure of the management team and the board of directors is 13.9 years and 5 years respectively.
Key information
Helge Aasen
Chief executive officer
NOK 11.5m
Total compensation
CEO salary percentage | 59.9% |
CEO tenure | 3.5yrs |
CEO ownership | 0.01% |
Management average tenure | 13.9yrs |
Board average tenure | 5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | NOK 46m |
Jun 30 2024 | n/a | n/a | -NOK 502m |
Mar 31 2024 | n/a | n/a | -NOK 1b |
Dec 31 2023 | NOK 12m | NOK 7m | NOK 72m |
Sep 30 2023 | n/a | n/a | NOK 1b |
Jun 30 2023 | n/a | n/a | NOK 5b |
Mar 31 2023 | n/a | n/a | NOK 8b |
Dec 31 2022 | NOK 17m | NOK 6m | NOK 10b |
Sep 30 2022 | n/a | n/a | NOK 11b |
Jun 30 2022 | n/a | n/a | NOK 9b |
Mar 31 2022 | n/a | n/a | NOK 7b |
Dec 31 2021 | NOK 9m | NOK 3m | NOK 5b |
Sep 30 2021 | n/a | n/a | NOK 3b |
Jun 30 2021 | n/a | n/a | NOK 1b |
Mar 31 2021 | n/a | n/a | NOK 672m |
Dec 31 2020 | NOK 244k | n/a | NOK 239m |
Sep 30 2020 | n/a | n/a | NOK 150m |
Jun 30 2020 | n/a | n/a | NOK 460m |
Mar 31 2020 | n/a | n/a | NOK 616m |
Dec 31 2019 | NOK 17m | NOK 5m | NOK 855m |
Sep 30 2019 | n/a | n/a | NOK 1b |
Jun 30 2019 | n/a | n/a | NOK 2b |
Mar 31 2019 | n/a | n/a | NOK 3b |
Dec 31 2018 | NOK 19m | NOK 5m | NOK 3b |
Compensation vs Market: Helge's total compensation ($USD1.02M) is below average for companies of similar size in the UK market ($USD1.47M).
Compensation vs Earnings: Helge's compensation has been consistent with company performance over the past year.
CEO
Helge Aasen (61 yo)
3.5yrs
Tenure
NOK 11,517,000
Compensation
Mr. Helge Aasen serves as Chief Executive Officer at Elkem ASA since October 18, 2021 and served as its Director since December 1, 2019 until June 2021 and has been its Interim Chief Executive Officer sinc...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | 3.5yrs | NOK 11.52m | 0.011% NOK 1.2m | |
Chief Financial Officer | 18.3yrs | NOK 5.58m | 0.0074% NOK 802.3k | |
Senior Vice President of Technology | 16.9yrs | NOK 4.17m | 0.0016% NOK 171.5k | |
Senior Vice President of Human Resources | 13.9yrs | NOK 4.94m | no data | |
Senior Vice President of Green Ventures & Digital | 17.9yrs | NOK 5.12m | 0.0016% NOK 171.5k | |
Senior Vice President of Silicon Products | 16.3yrs | NOK 5.61m | 0.0056% NOK 602.6k | |
Senior Vice President of Innovation and Research & Development | 9.9yrs | NOK 4.00m | 0.0011% NOK 118.3k | |
Senior Vice President of Carbon Solutions Division | 4.4yrs | NOK 4.89m | 0.0035% NOK 376.7k | |
Senior Vice President of Strategy & Business Development | 1.8yrs | NOK 4.00m | 0.0016% NOK 178.1k | |
Managing Partner | no data | no data | no data | |
Vice President of Finance & Investor Relations | no data | no data | no data | |
VP Corporate Communications and Public Affairs | no data | no data | no data |
13.9yrs
Average Tenure
60.5yo
Average Age
Experienced Management: 0SFN's management team is seasoned and experienced (13.9 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Vice Chair of the Board | 6.8yrs | NOK 782.00k | 0.0063% NOK 685.1k | |
Director | 13.9yrs | NOK 521.00k | 0.0024% NOK 266.0k | |
Independent Director | 5.7yrs | NOK 521.00k | no data | |
Employee Representative Director | 14.9yrs | NOK 420.00k | no data | |
Employee Representative Director | 8.3yrs | NOK 420.00k | 0.00078% NOK 84.7k | |
Employee Representative Observer | 5.5yrs | NOK 210.00k | no data | |
Independent Director | 3.7yrs | NOK 521.00k | no data | |
Employee Representative Observer | 4.4yrs | NOK 16.00k | no data | |
Independent Director | 2.7yrs | NOK 420.00k | no data | |
Employee Representative Director | 2.9yrs | NOK 420.00k | no data | |
Employee Representative Observer | 2.4yrs | NOK 210.00k | no data | |
Chairman | 1.9yrs | NOK 48.00k | no data |
5.0yrs
Average Tenure
63yo
Average Age
Experienced Board: 0SFN's board of directors are considered experienced (5 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/20 14:41 |
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 |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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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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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
Elkem ASA is covered by 8 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 |
---|---|
Sebastian Satz | Citigroup Inc |
Mubasher Chaudhry | Citigroup Inc |
Niclas Gehin | DNB Markets |