Kitron Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Lars Nilsson

Chief executive officer

€1.9m

Total compensation

CEO salary percentage16.7%
CEO tenure10yrs
CEO ownership1.5%
Management average tenure10yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lars Nilsson's remuneration changed compared to Kitron's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€36m

Jun 30 2024n/an/a

€39m

Mar 31 2024n/an/a

€44m

Dec 31 2023€2m€321k

€51m

Sep 30 2023n/an/a

€48m

Jun 30 2023n/an/a

€46m

Mar 31 2023n/an/a

€37m

Dec 31 2022€1m€298k

€28m

Sep 30 2022n/an/a

€22m

Jun 30 2022n/an/a

€17m

Mar 31 2022n/an/a

€16m

Dec 31 2021€481k€302k

€15m

Sep 30 2021n/an/a

€16m

Jun 30 2021n/an/a

€20m

Mar 31 2021n/an/a

€22m

Dec 31 2020€650k€288k

€20m

Sep 30 2020n/an/a

€18m

Jun 30 2020n/an/a

€15m

Mar 31 2020n/an/a

€12m

Dec 31 2019€2m€296k

€13m

Sep 30 2019n/an/a

€13m

Jun 30 2019n/an/a

€13m

Mar 31 2019n/an/a

€13m

Dec 31 2018€533k€281k

€11m

Sep 30 2018n/an/a

€12m

Jun 30 2018n/an/a

€11m

Mar 31 2018n/an/a

€11m

Dec 31 2017€551k€283k

€10m

Compensation vs Market: Lars's total compensation ($USD2.00M) is above average for companies of similar size in the UK market ($USD981.82K).

Compensation vs Earnings: Lars's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Lars Nilsson (60 yo)

10yrs

Tenure

€1,924,201

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

NamePositionTenureCompensationOwnership
Lars Nilsson
CEO & President10yrs€1.92m1.46%
NOK 88.3m
Cathrin Nylander
Chief Financial Officer11.3yrs€825.15k0.59%
NOK 35.9m
Kristoffer Asklov
Chief Operating Officer3.2yrs€821.23k0.12%
NOK 7.4m
Stian Haugen
Chief Technology Officerno data€634.09k0.10%
NOK 6.1m
Mindaugas Sestokas
Vice President of Central Eastern Europeno data€795.38k0.29%
NOK 17.7m
Hans Thomassen
Vice President of Nordics & North Americano data€742.06k0.31%
NOK 18.8m
Magnus Lindseth
General Manager of Kitron Sweden and Board Observerno data€1.22kno data

10.0yrs

Average Tenure

53yo

Average Age

Experienced Management: 0F0J's management team is seasoned and experienced (10 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Magnus Lindseth
General Manager of Kitron Sweden and Board Observerno data€1.22kno data
Tuomo Lahdesmaki
Independent Chairman of the Board10.8yrs€57.42k0.15%
NOK 9.3m
Gyrid Ingero
Directorless than a yearno datano data
Maalfrid Brath
Independent Director6.6yrs€27.28k0.019%
NOK 1.1m
Michael Thomsen
Independent Board Director2.6yrs€29.15k0.0066%
NOK 396.0k
Elisabeth Jacobsen
Employee Representative Deputy Board Memberno data€6.80kno data
Jarle Larsen
Employee Representative Director5.5yrs€24.79k0.011%
NOK 690.5k
Vidar Hushovd
Employee Representative Deputy Board Memberno datano datano data
Andrea-Sofie Berli
Employee Representative Deputy Board Memberno datano datano data
Petra Grandinson
Independent Director4.6yrs€27.28k0.014%
NOK 828.9k
Tone Aas
Employee Representative Director1.6yrs€18.72k0.00077%
NOK 46.6k
Henriette Stene
Employee Representative Director1.6yrs€18.72k0.00077%
NOK 46.6k

3.6yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 0F0J's board of directors are considered experienced (3.6 years average tenure).