StrongPoint Management
Management criteria checks 2/4
StrongPoint's CEO is Jacob Tveraabak, appointed in Aug 2018, has a tenure of 5.75 years. total yearly compensation is NOK4.33M, comprised of 70.9% salary and 29.1% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth NOK2.61M. The average tenure of the management team and the board of directors is 3.3 years and 2.1 years respectively.
Key information
Jacob Tveraabak
Chief executive officer
NOK 4.3m
Total compensation
CEO salary percentage | 70.9% |
CEO tenure | 5.8yrs |
CEO ownership | 0.6% |
Management average tenure | 3.3yrs |
Board average tenure | 2.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | -NOK 51m |
Dec 31 2023 | NOK 4m | NOK 3m | -NOK 34m |
Sep 30 2023 | n/a | n/a | NOK 8m |
Jun 30 2023 | n/a | n/a | NOK 25m |
Mar 31 2023 | n/a | n/a | NOK 31m |
Dec 31 2022 | NOK 4m | NOK 3m | NOK 29m |
Sep 30 2022 | n/a | n/a | NOK 26m |
Jun 30 2022 | n/a | n/a | NOK 18m |
Mar 31 2022 | n/a | n/a | NOK 17m |
Dec 31 2021 | NOK 4m | NOK 3m | NOK 22m |
Sep 30 2021 | n/a | n/a | NOK 21m |
Jun 30 2021 | n/a | n/a | NOK 33m |
Mar 31 2021 | n/a | n/a | NOK 34m |
Dec 31 2020 | NOK 4m | NOK 3m | NOK 26m |
Sep 30 2020 | n/a | n/a | NOK 21m |
Jun 30 2020 | n/a | n/a | NOK 13m |
Mar 31 2020 | n/a | n/a | NOK 15m |
Dec 31 2019 | NOK 4m | NOK 3m | NOK 27m |
Sep 30 2019 | n/a | n/a | NOK 21m |
Jun 30 2019 | n/a | n/a | NOK 21m |
Mar 31 2019 | n/a | n/a | NOK 21m |
Jan 01 2019 | n/a | n/a | NOK 13m |
Compensation vs Market: Jacob's total compensation ($USD413.67K) is about average for companies of similar size in the UK market ($USD350.78K).
Compensation vs Earnings: Jacob's compensation has increased whilst the company is unprofitable.
CEO
Jacob Tveraabak (47 yo)
5.8yrs
Tenure
NOK 4,332,000
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 | 5.8yrs | NOK 4.33m | 0.56% NOK 2.6m | |
Chief Financial Officer | less than a year | NOK 3.84m | 0.048% NOK 223.3k | |
Senior Vice President of Product | no data | NOK 1.94m | 0.11% NOK 515.4k | |
Senior VP of People | 4yrs | NOK 2.37m | 0.11% NOK 491.1k | |
Senior Vice President of Baltics & Finland | 4.3yrs | NOK 1.80m | 0.10% NOK 469.8k | |
Senior Vice President of Spain | 3.3yrs | NOK 2.19m | 0.079% NOK 367.0k | |
Senior Vice President of Norway & Sweden | 2.3yrs | NOK 3.05m | 0.061% NOK 285.3k | |
Senior VP of International Expansion Sales & Marketing Director E-Com | no data | NOK 1.51m | no data | |
SVP of StrongPoint ALS UK & Ireland | less than a year | no data | no data | |
Communications Consultant | no data | no data | no data |
3.3yrs
Average Tenure
Experienced Management: 0JEZ's management team is considered experienced (3.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Director | less than a year | no data | no data | |
Independent Chairman of the Board | 8.1yrs | NOK 659.00k | 0.26% NOK 1.2m | |
Independent Director | 4.1yrs | NOK 346.00k | 0.062% NOK 290.7k | |
Independent Director | 2.1yrs | NOK 300.00k | 0.017% NOK 77.6k | |
Independent Director | 1.1yrs | NOK 269.00k | 0.057% NOK 264.2k |
2.1yrs
Average Tenure
Experienced Board: 0JEZ's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.