Edda Wind Management
Management criteria checks 1/4
Edda Wind's CEO is Kenneth Walland, appointed in Apr 2021, has a tenure of 3.33 years. total yearly compensation is €3.17M, comprised of 77.9% salary and 22.1% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth NOK5.72M. The average tenure of the management team and the board of directors is 1.5 years and 2.7 years respectively.
Key information
Kenneth Walland
Chief executive officer
€3.2m
Total compensation
| CEO salary percentage | 77.9% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.5yrs |
| Board average tenure | 2.7yrs |
Recent management updates
No updates
Recent updates
No updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -€2m |
| Dec 31 2023 | €3m | €2m | -€4m |
| Sep 30 2023 | n/a | n/a | €1m |
| Jun 30 2023 | n/a | n/a | -€46k |
| Mar 31 2023 | n/a | n/a | €720k |
| Dec 31 2022 | €3m | €3m | €2m |
| Sep 30 2022 | n/a | n/a | €2m |
| Jun 30 2022 | n/a | n/a | €2m |
| Mar 31 2022 | n/a | n/a | €2m |
| Dec 31 2021 | €234k | €162k | €2m |
Compensation vs Market: Kenneth's total compensation ($USD3.48M) is above average for companies of similar size in the UK market ($USD743.87K).
Compensation vs Earnings: Kenneth's compensation has been consistent with company performance over the past year.
CEO
Kenneth Walland
3.3yrs
Tenure
€3,165,584
Compensation
Mr. Kenneth Walland has been Chief Executive Officer of Østensjø Rederi AS since March 10, 2016. Mr. Walland is Chief Executive Officer of Edda Wind ASA since April 01, 2021. He served as the Chief Operati...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 3.3yrs | €3.17m | 0.20% € 5.7m | |
| Chief Operating Officer | 2.1yrs | €1.76m | no data | |
| Chief Technology Officer | less than a year | €1.38m | no data | |
| Chief HR Officer | less than a year | €1.34m | no data | |
| Chief Commercial Officer | 3.3yrs | €1.93m | 0.042% € 1.2m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Vice President of Finance | no data | no data | no data |
1.5yrs
Average Tenure
Experienced Management: EWINDO's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 2.8yrs | €325.00k | 0.017% € 477.1k | |
| Director | 2.8yrs | €375.00k | no data | |
| Director | 2.7yrs | €325.00k | 0.026% € 741.1k | |
| Director | 2.7yrs | €325.00k | no data | |
| Chairman of the Board | less than a year | no data | no data |
2.7yrs
Average Tenure
Experienced Board: EWINDO's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.