AMSC Management
Management criteria checks 3/4
AMSC's CEO is Pal Magnussen, appointed in Jan 2015, has a tenure of 8.08 years. total yearly compensation is $839.70K, comprised of 47.8% salary and 52.2% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth NOK6.02M. The average tenure of the management team and the board of directors is 8.1 years and 10.9 years respectively.
Key information
Pal Magnussen
Chief executive officer
US$839.7k
Total compensation
| CEO salary percentage | 47.8% |
| CEO tenure | 8.1yrs |
| CEO ownership | 0.2% |
| Management average tenure | 8.1yrs |
| Board average tenure | 10.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2022 | n/a | n/a | US$20m |
| Jun 30 2022 | n/a | n/a | US$18m |
| Mar 31 2022 | n/a | n/a | US$18m |
| Dec 31 2021 | US$840k | US$401k | US$13m |
| Sep 30 2021 | n/a | n/a | US$31m |
| Jun 30 2021 | n/a | n/a | US$23m |
| Mar 31 2021 | n/a | n/a | US$20m |
| Dec 31 2020 | US$545k | US$360k | US$18m |
| Sep 30 2020 | n/a | n/a | US$2m |
| Jun 30 2020 | n/a | n/a | US$9m |
| Mar 31 2020 | n/a | n/a | US$9m |
| Dec 31 2019 | US$481k | US$344k | US$8m |
| Sep 30 2019 | n/a | n/a | US$5m |
| Jun 30 2019 | n/a | n/a | US$4m |
| Mar 31 2019 | n/a | n/a | US$6m |
| Dec 31 2018 | US$891k | US$335k | US$9m |
| Sep 30 2018 | n/a | n/a | US$18m |
| Jun 30 2018 | n/a | n/a | US$19m |
| Mar 31 2018 | n/a | n/a | US$19m |
| Dec 31 2017 | US$518k | US$344k | US$13m |
| Sep 30 2017 | n/a | n/a | US$11m |
| Jun 30 2017 | n/a | n/a | US$10m |
| Mar 31 2017 | n/a | n/a | US$8m |
| Dec 31 2016 | US$496k | US$302k | US$7m |
Compensation vs Market: Pal's total compensation ($USD839.70K) is about average for companies of similar size in the UK market ($USD745.84K).
Compensation vs Earnings: Pal's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Pal Magnussen (50 yo)
8.1yrs
Tenure
US$839,703
Compensation
Mr. P l Lothe Magnussen has served as the Chief Executive Officer and President of AMSC ASA (formerly known as American Shipping Company ASA) since January 1, 2015, and served as its Chief Financial Office...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 8.1yrs | US$839.70k | 0.19% $ 6.0m | |
| Chief Financial Officer | 6.8yrs | US$444.00k | 0.14% $ 4.3m | |
| Business Controller & Finance Manager | 14.6yrs | US$258.02k | 0.0028% $ 85.9k |
8.1yrs
Average Tenure
Experienced Management: AMSCO's management team is seasoned and experienced (8.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 15.2yrs | US$64.65k | 0.017% $ 538.6k | |
| Director | less than a year | US$20.09k | no data | |
| Director | 10.9yrs | US$50.93k | no data |
10.9yrs
Average Tenure
64yo
Average Age
Experienced Board: AMSCO's board of directors are seasoned and experienced ( 10.9 years average tenure).