Kitron Management
Management criteria checks 4/4
Kitron's CEO is Lars Nilsson, appointed in Nov 2014, has a tenure of 10.42 years. total yearly compensation is €1.16M, comprised of 26.9% salary and 73.1% bonuses, including company stock and options. directly owns 1.1% of the company’s shares, worth NOK107.19M. The average tenure of the management team and the board of directors is 10.4 years and 4 years respectively.
Key information
Lars Nilsson
Chief executive officer
€1.2m
Total compensation
| CEO salary percentage | 26.9% |
| CEO tenure | 10.4yrs |
| CEO ownership | 1.1% |
| Management average tenure | 10.4yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | €1m | €313k | €28m |
| Sep 30 2024 | n/a | n/a | €36m |
| Jun 30 2024 | n/a | n/a | €39m |
| Mar 31 2024 | n/a | n/a | €44m |
| Dec 31 2023 | €2m | €321k | €51m |
| Sep 30 2023 | n/a | n/a | €48m |
| Jun 30 2023 | n/a | n/a | €46m |
| Mar 31 2023 | n/a | n/a | €37m |
| Dec 31 2022 | €1m | €298k | €28m |
| Sep 30 2022 | n/a | n/a | €22m |
| Jun 30 2022 | n/a | n/a | €17m |
| Mar 31 2022 | n/a | n/a | €16m |
| Dec 31 2021 | €481k | €302k | €15m |
| Sep 30 2021 | n/a | n/a | €16m |
| Jun 30 2021 | n/a | n/a | €20m |
| Mar 31 2021 | n/a | n/a | €22m |
| Dec 31 2020 | €650k | €288k | €20m |
| Sep 30 2020 | n/a | n/a | €18m |
| Jun 30 2020 | n/a | n/a | €15m |
| Mar 31 2020 | n/a | n/a | €12m |
| Dec 31 2019 | €2m | €296k | €13m |
| Sep 30 2019 | n/a | n/a | €13m |
| Jun 30 2019 | n/a | n/a | €13m |
| Mar 31 2019 | n/a | n/a | €13m |
| Dec 31 2018 | €533k | €281k | €11m |
Compensation vs Market: Lars's total compensation ($USD1.32M) is about average for companies of similar size in the UK market ($USD1.65M).
Compensation vs Earnings: Lars's compensation has been consistent with company performance over the past year.
CEO
Lars Nilsson (60 yo)
10.4yrs
Tenure
€1,163,159
Compensation
Mr. Lars Peter Nilsson has been the Chief Executive Officer of Kitron ASA since November 10, 2014 and serves as President. He served as the President of Electronics Technology Division at PartnerTech AB un...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 10.4yrs | €1.16m | 1.1% NOK 107.2m | |
| Chief Financial Officer | 11.7yrs | €525.28k | 0.59% NOK 57.9m | |
| COO & Sales Director | 3.6yrs | €544.87k | 0.099% NOK 9.6m | |
| Chief Technology Officer | no data | €420.14k | 0.066% NOK 6.4m | |
| Vice President of Central Eastern Europe | no data | €550.80k | 0.29% NOK 28.7m | |
| Vice President of Nordics & North America | no data | €526.21k | 0.29% NOK 28.0m | |
| General Manager of Kitron Sweden and Board Observer | no data | €1.22k | no data |
10.4yrs
Average Tenure
53yo
Average Age
Experienced Management: KITO's management team is seasoned and experienced (10.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| General Manager of Kitron Sweden and Board Observer | no data | €1.22k | no data | |
| Independent Chairman of the Board | 11.2yrs | €60.46k | 0.15% NOK 15.0m | |
| Independent Director | 1.3yrs | €28.66k | 0.0089% NOK 868.9k | |
| Independent Deputy Chairman | 7yrs | €29.08k | 0.019% NOK 1.9m | |
| Independent Board Director | 3yrs | €31.80k | 0.0065% NOK 638.5k | |
| Employee Representative Deputy Board Member | no data | €6.80k | no data | |
| Employee Representative Director | 5.9yrs | €18.06k | 0.011% NOK 1.1m | |
| Employee Representative Deputy Board Member | no data | no data | no data | |
| Employee Representative Deputy Board Member | no data | no data | no data | |
| Independent Director | 5yrs | €29.08k | 0.014% NOK 1.3m | |
| Employee Representative Director | 2yrs | €18.06k | 0.0015% NOK 151.3k | |
| Employee Representative Director | 2yrs | €18.06k | 0.0015% NOK 151.3k |
4.0yrs
Average Tenure
56.5yo
Average Age
Experienced Board: KITO's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/27 08:41 |
| End of Day Share Price | 2025/04/23 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 |
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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.
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
Kitron ASA is covered by 12 analysts. 4 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 |
|---|---|
| null null | ABG Sundal Collier |
| Magnus Granerød | Beringer Finance AB |
| Emilie Engen | DNB Markets |