ArcticZymes Technologies Management
Management criteria checks 1/4
ArcticZymes Technologies' CEO is Michael Akoh, appointed in Sep 2023, has a tenure of 1.67 years. total yearly compensation is NOK2.81M, comprised of 66.1% salary and 33.9% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth NOK115.68K. The average tenure of the management team and the board of directors is 1.9 years and 1.3 years respectively.
Key information
Michael Akoh
Chief executive officer
NOK 2.8m
Total compensation
| CEO salary percentage | 66.1% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.01% |
| Management average tenure | 1.9yrs |
| Board average tenure | 1.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | NOK 1m |
| Dec 31 2024 | NOK 3m | NOK 2m | NOK 8m |
| Sep 30 2024 | n/a | n/a | NOK 5m |
| Jun 30 2024 | n/a | n/a | NOK 15m |
| Mar 31 2024 | n/a | n/a | NOK 18m |
| Dec 31 2023 | NOK 811k | NOK 543k | NOK 19m |
Compensation vs Market: Michael's total compensation ($USD269.62K) is about average for companies of similar size in the UK market ($USD376.82K).
Compensation vs Earnings: Michael's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Michael Akoh (51 yo)
1.7yrs
Tenure
NOK 2,812,102
Compensation
Mr. Michael Benjamin Akoh is Chief Executive Officer at ArcticZymes Technologies ASA since September 18th, 2023. He is an accomplished business executive with strong leadership experience, and an establish...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.7yrs | NOK 2.81m | 0.015% NOK 115.7k | |
| Chief Financial Officer | 10.6yrs | NOK 3.37m | 0.20% NOK 1.5m | |
| Vice President of Operations | 5.3yrs | NOK 2.24m | 0.050% NOK 382.5k | |
| Vice President of Corporate Development & Product Management | 1.9yrs | NOK 1.62m | no data | |
| Vice President of Sales | less than a year | NOK 1.66m | no data |
1.9yrs
Average Tenure
50.5yo
Average Age
Experienced Management: 0DRV's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | less than a year | NOK 420.00k | 0.018% NOK 135.9k | |
| Director | 1.3yrs | NOK 270.00k | 1.02% NOK 7.9m | |
| Employee Elected Observer | 3.3yrs | no data | 0.0060% NOK 46.7k | |
| Employee Elected Director | 1.3yrs | NOK 105.00k | no data | |
| Director | 1.3yrs | NOK 255.00k | 0.021% NOK 159.6k |
1.3yrs
Average Tenure
Experienced Board: 0DRV's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/09 04:48 |
| End of Day Share Price | 2025/05/06 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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 Github.
Analyst Sources
ArcticZymes Technologies ASA is covered by 8 analysts. 2 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 |
|---|---|
| Hans Bohn | Beringer Finance AB |
| Mikkel Nyholt-Smedseng | Carnegie Investment Bank AB |
| Espen Jørgensen | DNB Markets |