StrongPoint Management
Management criteria checks 3/4
StrongPoint's CEO is Jacob Tveraabak, appointed in Aug 2018, has a tenure of 5.58 years. total yearly compensation is NOK4.14M, comprised of 70.7% salary and 29.3% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth NOK3.10M. The average tenure of the management team and the board of directors is 3.5 years and 4.9 years respectively.
Key information
Jacob Tveraabak
Chief executive officer
kr4.1m
Total compensation
| CEO salary percentage | 70.7% |
| CEO tenure | 5.6yrs |
| CEO ownership | 0.5% |
| Management average tenure | 3.5yrs |
| Board average tenure | 4.9yrs |
Recent management updates
No updates
Recent updates
No updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -kr34m |
| Sep 30 2023 | n/a | n/a | kr8m |
| Jun 30 2023 | n/a | n/a | kr25m |
| Mar 31 2023 | n/a | n/a | kr31m |
| Dec 31 2022 | kr4m | kr3m | kr29m |
| Sep 30 2022 | n/a | n/a | kr26m |
| Jun 30 2022 | n/a | n/a | kr18m |
| Mar 31 2022 | n/a | n/a | kr17m |
| Dec 31 2021 | kr4m | kr3m | kr22m |
| Sep 30 2021 | n/a | n/a | kr21m |
| Jun 30 2021 | n/a | n/a | kr33m |
| Mar 31 2021 | n/a | n/a | kr34m |
| Dec 31 2020 | kr4m | kr3m | kr26m |
| Sep 30 2020 | n/a | n/a | kr21m |
| Jun 30 2020 | n/a | n/a | kr13m |
| Mar 31 2020 | n/a | n/a | kr15m |
| Dec 31 2019 | kr4m | kr3m | kr27m |
| Sep 30 2019 | n/a | n/a | kr21m |
| Jun 30 2019 | n/a | n/a | kr21m |
| Mar 31 2019 | n/a | n/a | kr21m |
| Jan 01 2019 | n/a | n/a | kr13m |
Compensation vs Market: Jacob's total compensation ($USD384.40K) is about average for companies of similar size in the UK market ($USD344.62K).
Compensation vs Earnings: Jacob's compensation has increased whilst the company is unprofitable.
CEO
Jacob Tveraabak (47 yo)
5.6yrs
Tenure
kr4,141,000
Compensation
Mr. Jacob Tveraabak has been Chief Executive Officer of StrongPoint ASA since August 01, 2018. After his degree in Business Administration from NHH, Mr. Tveraabak worked with McKinsey & Company for several...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 5.6yrs | kr4.14m | 0.52% NOK 3.1m | |
| Senior Vice President of Technology & Supply Chain | no data | kr1.74m | 0.086% NOK 516.0k | |
| Senior VP of People | 3.8yrs | kr2.38m | 0.085% NOK 510.0k | |
| Senior Vice President of Baltics | 4.2yrs | kr1.52m | 0.069% NOK 410.5k | |
| Senior Vice President of Norway | 3.8yrs | kr2.31m | 0.11% NOK 640.8k | |
| Senior Vice President of Spain | 3.1yrs | kr1.56m | 0.045% NOK 266.9k | |
| Senior Vice President of Sweden | 2.1yrs | kr2.72m | 0.036% NOK 213.7k | |
| Chief Financial Officer | less than a year | no data | 0.038% NOK 228.7k | |
| Senior VP of International Expansion Sales & Marketing Director E-Com | no data | kr1.51m | no data | |
| SVP of StrongPoint ALS UK & Ireland | less than a year | no data | no data | |
| Communications Consultant | no data | no data | no data |
3.5yrs
Average Tenure
Experienced Management: STROO's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 5.9yrs | kr322.00k | 0.093% NOK 558.6k | |
| Chairman of the Board | 7.9yrs | kr592.00k | 0.26% NOK 1.5m | |
| Director | 3.9yrs | kr303.00k | 0.060% NOK 356.8k | |
| Director | no data | kr193.00k | 0.014% NOK 82.6k | |
| Director | less than a year | no data | 0.054% NOK 322.8k |
4.9yrs
Average Tenure
Experienced Board: STROO's board of directors are considered experienced (4.9 years average tenure).