Elkem Management

Management criteria checks 4/4

Elkem's CEO is Helge Aasen, appointed in Jun 2021, has a tenure of 3.33 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 NOK1.45M. The average tenure of the management team and the board of directors is 13.8 years and 5.5 years respectively.

Key information

Helge Aasen

Chief executive officer

NOK 11.5m

Total compensation

CEO salary percentage59.9%
CEO tenure3.3yrs
CEO ownership0.01%
Management average tenure13.8yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Helge Aasen's remuneration changed compared to Elkem's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-NOK 502m

Mar 31 2024n/an/a

-NOK 1b

Dec 31 2023NOK 12mNOK 7m

NOK 72m

Sep 30 2023n/an/a

NOK 1b

Jun 30 2023n/an/a

NOK 5b

Mar 31 2023n/an/a

NOK 8b

Dec 31 2022NOK 17mNOK 6m

NOK 10b

Sep 30 2022n/an/a

NOK 11b

Jun 30 2022n/an/a

NOK 9b

Mar 31 2022n/an/a

NOK 7b

Dec 31 2021NOK 9mNOK 3m

NOK 5b

Sep 30 2021n/an/a

NOK 3b

Jun 30 2021n/an/a

NOK 1b

Mar 31 2021n/an/a

NOK 672m

Dec 31 2020NOK 244kn/a

NOK 239m

Sep 30 2020n/an/a

NOK 150m

Jun 30 2020n/an/a

NOK 460m

Mar 31 2020n/an/a

NOK 616m

Dec 31 2019NOK 17mNOK 5m

NOK 855m

Sep 30 2019n/an/a

NOK 1b

Jun 30 2019n/an/a

NOK 2b

Mar 31 2019n/an/a

NOK 3b

Dec 31 2018NOK 19mNOK 5m

NOK 3b

Compensation vs Market: Helge's total compensation ($USD1.08M) is below average for companies of similar size in the UK market ($USD2.18M).

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


CEO

Helge Aasen (61 yo)

3.3yrs

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

NamePositionTenureCompensationOwnership
Helge Aasen
Chief Executive Officer3.3yrsNOK 11.52m0.011%
NOK 1.5m
Morten Viga
Chief Financial Officer18.2yrsNOK 5.58m0.0074%
NOK 994.5k
Havard Moe
Senior Vice President of Technology16.8yrsNOK 4.17m0.0016%
NOK 212.6k
Katja Lehland
Senior Vice President of Human Resources13.8yrsNOK 4.94mno data
Asbjoern Soevik
Senior Vice President of Green Ventures & Digital17.8yrsNOK 5.12m0.0016%
NOK 212.6k
Inge Grubben-Stroemnes
Senior Vice President of Silicon Products16.2yrsNOK 5.61m0.0056%
NOK 746.9k
Louis Vovelle
Senior Vice President of Innovation and Research & Development9.8yrsNOK 4.00m0.0011%
NOK 146.7k
Luiz Simao
Senior Vice President of Carbon Solutions Division4.3yrsNOK 4.89m0.0035%
NOK 467.0k
Morten Voll
Senior Vice President of Strategy & Business Development1.7yrsNOK 4.00m0.0016%
NOK 220.7k
Tom Preststulen
Managing Partnerno datano datano data
Odd-Geir Lyngstad
Vice President of Finance & Investor Relationsno datano datano data
Fredrik Norman
VP Corporate Communications and Public Affairsno datano datano data

13.8yrs

Average Tenure

60.5yo

Average Age

Experienced Management: 0SFN's management team is seasoned and experienced (13.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dag Opedal
Independent Vice Chair of the Board6.6yrsNOK 782.00k0.0063%
NOK 849.1k
Olivier Louis Marie Gerard de Clermont-Tonnerre
Director13.8yrsNOK 521.00k0.0024%
NOK 329.7k
Marianne Johnsen
Independent Director5.5yrsNOK 521.00kno data
Terje Hanssen
Employee Representative Director14.8yrsNOK 420.00kno data
Yougen Ge
Director5.5yrsNOK 420.00kno data
Marianne Faeroyvik
Employee Representative Director8.1yrsNOK 420.00k0.00078%
NOK 105.0k
Zhigang Hao
Director7.8yrsNOK 990.00kno data
Heidi Feldborg
Employee Representative Observer5.3yrsNOK 210.00kno data
Grace Tang
Independent Director3.5yrsNOK 521.00kno data
Per Aas
Employee Representative Observer4.3yrsNOK 16.00kno data
Nathalie Brunelle
Independent Director2.5yrsNOK 420.00kno data
Bo Li
Chairman1.8yrsNOK 48.00kno data

5.5yrs

Average Tenure

61yo

Average Age

Experienced Board: 0SFN's board of directors are considered experienced (5.5 years average tenure).