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 percentage47.75%
CEO tenure8.1yrs
CEO ownership0.2%
Management average tenure8.1yrs
Board average tenure10.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pal Magnussen's remuneration changed compared to AMSC's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2022n/an/a

US$20m

Jun 30 2022n/an/a

US$18m

Mar 31 2022n/an/a

US$18m

Dec 31 2021US$840kUS$401k

US$13m

Sep 30 2021n/an/a

US$31m

Jun 30 2021n/an/a

US$23m

Mar 31 2021n/an/a

US$20m

Dec 31 2020US$545kUS$360k

US$18m

Sep 30 2020n/an/a

US$2m

Jun 30 2020n/an/a

US$9m

Mar 31 2020n/an/a

US$9m

Dec 31 2019US$481kUS$344k

US$8m

Sep 30 2019n/an/a

US$5m

Jun 30 2019n/an/a

US$4m

Mar 31 2019n/an/a

US$6m

Dec 31 2018US$891kUS$335k

US$9m

Sep 30 2018n/an/a

US$18m

Jun 30 2018n/an/a

US$19m

Mar 31 2018n/an/a

US$19m

Dec 31 2017US$518kUS$344k

US$13m

Sep 30 2017n/an/a

US$11m

Jun 30 2017n/an/a

US$10m

Mar 31 2017n/an/a

US$8m

Dec 31 2016US$496kUS$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

NamePositionTenureCompensationOwnership
Pal Magnussen
CEO & President8.1yrsUS$839.70k0.19%
NOK 6.0m
Morten Bakke
Chief Financial Officer6.8yrsUS$444.00k0.14%
NOK 4.3m
Leigh Jaros
Business Controller & Finance Manager14.6yrsUS$258.02k0.0028%
NOK 85.9k
8.1yrs
Average Tenure

Experienced Management: AMSCO's management team is seasoned and experienced (8.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Annette Beate Wacknitz Justad
Chairman of the Board15.2yrsUS$64.65k0.017%
NOK 538.6k
Frank Reite
Directorless than a yearUS$20.09kno data
Peter Knudsen
Director10.9yrsUS$50.93kno data
10.9yrs
Average Tenure
64yo
Average Age

Experienced Board: AMSCO's board of directors are seasoned and experienced ( 10.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/02/06 10:34
End of Day Share Price 2022/11/09 00:00
Earnings2022/09/30
Annual Earnings2021/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

AMSC ASA is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jørgen LianDNB Markets
Espen FjermestadFearnley Securities
Eirik HaavaldsenPareto Securities