AMSC Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Pal Magnussen

Chief executive officer

US$986.3k

Total compensation

CEO salary percentage	33.6%
CEO tenure	9.3yrs
CEO ownership	0.3%
Management average tenure	no data
Board average tenure	12.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pal Magnussen's remuneration changed compared to AMSC's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-US$11m
Sep 30 2023	n/a	n/a	US$26m
Jun 30 2023	n/a	n/a	US$7m
Mar 31 2023	n/a	n/a	US$13m
Dec 31 2022	US$986k	US$331k	-US$8m
Sep 30 2022	n/a	n/a	-US$4m
Jun 30 2022	n/a	n/a	US$18m
Mar 31 2022	n/a	n/a	US$18m
Dec 31 2021	US$801k	US$362k	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

Compensation vs Market: Pal's total compensation ($USD986.27K) is about average for companies of similar size in the UK market ($USD782.62K).

Compensation vs Earnings: Pal's compensation has increased whilst the company is unprofitable.

CEO

Pal Magnussen (51 yo)

9.3yrs

Tenure

US$986,274

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...

Board Members

Name	Position	Tenure	Compensation	Ownership
Annette Beate Wacknitz Justad	Independent Chairman of the Board	16.4yrs	US$54.71k	0.017% $ 400.8k
Frank Reite	Independent Director	2.1yrs	US$42.85k	no data
Peter Knudsen	Independent Director	12.2yrs	US$42.85k	no data

12.2yrs

Average Tenure

65yo

Average Age

Experienced Board: 0JE5's board of directors are seasoned and experienced ( 12.2 years average tenure).

AMSC Management

Management criteria checks 2/4

Key information

Recent management updates

No independent directors

No independent directors

American Shipping Company Asa Announces Management Appointments

CEO & President recently bought kr641k worth of stock

No independent directors

Recent updates

Now 20% undervalued

AMSC ASA Approves Dividend for the Fourth Quarter of 2023, Payable on or About March 15, 2024

Upcoming dividend of US$0.05 per share

AMSC ASA to Report Q3, 2024 Results on Nov 19, 2024

AMSC ASA Approves Dividend Payment, Payable on or About 7 December 2023

Third quarter 2023 earnings released: EPS: US$0.011 (vs US$0.083 in 3Q 2022)

Upcoming dividend of US$0.05 per share at 19% yield

AMSC ASA Proposes Cash Dividend, Payable on or About 15 March 2024

AMSC ASA Proposes Dividend Payment, Payable on or About 7 December 2023

New major risk - Revenue and earnings growth

New major risk - Share price stability

Investor sentiment deteriorates as stock falls 49%

AMSC ASA Approves Additional Dividend Following Completion of the Sale of the Jones Act Business, Payable on or about 1 November 2023

AMSC ASA Announces Cash Dividend, Payable on or About 7 September 2023

Second quarter 2023 earnings released: EPS: US$0.056 (vs US$0.054 in 2Q 2022)

First quarter 2023 earnings released: EPS: US$0.046 (vs US$0.14 in 1Q 2022)

AMSC ASA Announces Cash Dividend

Full year 2022 earnings released: EPS: US$0.29 (vs US$0.22 in FY 2021)

Full year 2022 earnings released: EPS: US$0.29 (vs US$0.22 in FY 2021)

AMSC ASA to Report Q4, 2022 Results on Feb 28, 2023

Third quarter 2022 earnings released: EPS: US$0.083 (vs US$0.058 in 3Q 2021)

AMSC ASA Announces Cash Dividend, Payable on or About 7 December 2022

No independent directors

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: US$0.054 (vs US$0.059 in 2Q 2021)

American Shipping Company ASA Announces Cash Dividend, Payable on or About 7 September 2022

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS: US$0.14 (vs US$0.064 in 1Q 2021)

American Shipping Company ASA Announces Payment of Cash Dividend, Payable on or About 10 June 2022

American Shipping Company ASA Announces Payment of Cash Dividend, Payable on or About 10 June 2022

No independent directors

American Shipping Company Asa Announces Management Appointments

Full year 2021 earnings released: EPS: US$0.22 (vs US$0.30 in FY 2020)

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

American Shipping Company Asa Announces Payment of Cash Dividend , Payable on or About 14 March 2022

Third quarter 2021 earnings released: EPS US$0.058 (vs US$0.074 loss in 3Q 2020)

American Shipping Company ASA (OB:AMSC) commences an Equity Buyback Plan, under the authorization approved on April 20, 2021.

CEO & President recently bought kr641k worth of stock

No independent directors

Second quarter 2021 earnings released: EPS US$0.059 (vs US$0.018 in 2Q 2020)

First quarter 2021 earnings released: EPS US$0.064 (vs US$0.026 in 1Q 2020)

American Shipping Company ASA Announces Cash Dividend, Payable on or About 4 June 2021

Full year 2020 earnings released: EPS US$0.30 (vs US$0.14 in FY 2019)

Revenue misses expectations

Full year 2020 earnings released: EPS US$0.30 (vs US$0.14 in FY 2019)

American Shipping Company ASA to Report Fiscal Year 2020 Results on Mar 30, 2021

Revenue beats expectations

Third quarter 2020 earnings released: US$0.074 loss per share

Earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age