Atea Management

Management criteria checks 3/4

Atea's CEO is Steinar Sonsteby, appointed in Jan 2014, has a tenure of 9.42 years. total yearly compensation is NOK18.70M, comprised of 26.7% salary and 73.3% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth NOK19.30M. The average tenure of the management team and the board of directors is 8.8 years and 3.2 years respectively.

Key information

Steinar Sonsteby

Chief executive officer

kr18.7m

Total compensation

CEO salary percentage26.7%
CEO tenure9.4yrs
CEO ownership0.1%
Management average tenure8.8yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steinar Sonsteby's remuneration changed compared to Atea's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2023n/an/a

kr892m

Dec 31 2022kr19mkr5m

kr848m

Sep 30 2022n/an/a

kr856m

Jun 30 2022n/an/a

kr846m

Mar 31 2022n/an/a

kr763m

Dec 31 2021kr15mkr5m

kr760m

Sep 30 2021n/an/a

kr740m

Jun 30 2021n/an/a

kr703m

Mar 31 2021n/an/a

kr712m

Dec 31 2020kr14mkr4m

kr590m

Sep 30 2020n/an/a

kr524m

Jun 30 2020n/an/a

kr510m

Mar 31 2020n/an/a

kr457m

Dec 31 2019kr16mkr4m

kr530m

Sep 30 2019n/an/a

kr516m

Jun 30 2019n/an/a

kr473m

Mar 31 2019n/an/a

kr459m

Dec 31 2018kr7mkr4m

kr467m

Sep 30 2018n/an/a

kr528m

Jun 30 2018n/an/a

kr561m

Mar 31 2018n/an/a

kr561m

Dec 31 2017kr25mkr4m

kr543m

Sep 30 2017n/an/a

kr569m

Jun 30 2017n/an/a

kr536m

Mar 31 2017n/an/a

kr522m

Dec 31 2016kr9mkr4m

kr512m

Compensation vs Market: Steinar's total compensation ($USD1.76M) is about average for companies of similar size in the UK market ($USD1.95M).

Compensation vs Earnings: Steinar's compensation has increased by more than 20% in the past year.


CEO

Steinar Sonsteby (61 yo)

9.4yrs

Tenure

kr18,700,000

Compensation

Mr. Steinar Sonsteby has been the Chief Executive Officer of Atea ASA since February 2014 and served as its President and Acting Managing Director of Atea Norway AS until March 11, 2016. He is Board Member...


Leadership Team

NamePositionTenureCompensationOwnership
Steinar Sonsteby
Chief Executive Officer9.4yrskr18.70m0.11%
NOK 19.3m
Robert Giori
Chief Financial Officer8.8yrskr7.60m0.11%
NOK 19.6m
Carl-Johan Hultenheim
Chief Operating Officer12.4yrskr10.80m0.013%
NOK 2.2m
Juha Sihvonen
Managing Director of Atea Finland OY (Finland)15.1yrskr7.34mno data
Arunas Bartusevicius
Managing Director of Atea Baltic UAB (the Baltics)no datakr5.24m0.090%
NOK 15.5m
Kathrine Forsberg
Managing Director of Atea Denmark3.4yrskr6.06mno data
Linus Wallin
Managing Director of Atea Sverige AB - Sweden2.4yrskr5.16mno data
Ole Saxrud
Managing Director1.8yrskr4.60m0.0014%
NOK 231.2k
Ole Fjellestad
Group Chief Accountantno datano datano data
Ignas Bartkus
Group Controllerno datano datano data
Christian Stangeland
Director of Business Controlno datano datano data

8.8yrs

Average Tenure

55yo

Average Age

Experienced Management: ATEAO's management team is seasoned and experienced (8.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Carl Wollebekk
Directorless than a yearno datano data
Morten Jurs
Independent Director13.2yrskr350.00kno data
Svein-Tore Andersen
Alternate Directorno datano datano data
Truls Berntsen
Deputy Director3.2yrskr33.33kno data
Sven Madsen
Independent Chairman of the Board15.2yrskr300.00k0.012%
NOK 2.0m
Lisbeth Kvan
Independent Director10.1yrskr300.00kno data
Saloume Djoudat
Independent Director8.2yrskr200.00kno data
Arild Birkelund
Deputy Board Member5.1yrsno datano data
Lone Kunøe
Directorless than a yearno datano data
Leiv Larsen
Employee Elected Director3.2yrskr150.00kno data
Marius Hole
Employee Elected Director1.1yrsno datano data
Nelly Flatland
Employee Elected Director1.1yrsno datano data

3.2yrs

Average Tenure

57yo

Average Age

Experienced Board: ATEAO's board of directors are considered experienced (3.2 years average tenure).


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