Orrön Energy Management

Management criteria checks 3/4

Orrön Energy's CEO is Daniel Fitzgerald, appointed in Jul 2022, has a tenure of 1.5 years. total yearly compensation is €651.86K, comprised of 29.9% salary and 70.1% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth SEK2.71M. The average tenure of the management team and the board of directors is 1.5 years and 6.7 years respectively.

Key information

Daniel Fitzgerald

Chief executive officer

€651.9k

Total compensation

CEO salary percentage	29.9%
CEO tenure	1.5yrs
CEO ownership	0.1%
Management average tenure	1.5yrs
Board average tenure	6.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Daniel Fitzgerald's remuneration changed compared to Orrön Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-€15m
Jun 30 2023	n/a	n/a	-€7m
Mar 31 2023	n/a	n/a	€28m
Dec 31 2022	€652k	€195k	€27m
Sep 30 2022	n/a	n/a	€25m
Jun 30 2022	n/a	n/a	€20m
Mar 31 2022	n/a	n/a	-€10m
Dec 31 2021	€965k	€432k	-€14m

Compensation vs Market: Daniel's total compensation ($USD707.62K) is about average for companies of similar size in the UK market ($USD751.81K).

Compensation vs Earnings: Daniel's compensation has been consistent with company performance over the past year.

CEO

Daniel Fitzgerald (41 yo)

1.5yrs

Tenure

€651,862

Compensation

Mr. Daniel Fitzgerald serves as Chief Executive Officer of Orrön Energy AB (publ) since July 1, 2022. He served as Director of Orrön Energy AB (publ) since July 1, 2022 until May 04, 2023. He had been Chie...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Daniel Fitzgerald	Chief Executive Officer	1.5yrs	€651.86k	0.13% € 2.7m
Espen Hennie	Chief Financial Officer	1.5yrs	no data	no data
Carl Sixtensson	Technical Director	2yrs	no data	no data
Robert Eriksson	Director of Corporate Affairs & Investor Relations	1.5yrs	no data	no data
Henrika Frykman	Corporate Secretary & General Counsel	1.5yrs	no data	no data
Jenny Sandstrom	Communications Lead	no data	no data	no data
Zomo Fisher	Vice President of Sustainability	no data	no data	no data
Andrew Holding	Group Financial Controller	no data	no data	no data
Per Seljebotn	Exploration & Reservoir Development Director	no data	no data	no data
Oscar Borjesson	Member of Nomination Committee	no data	no data	no data

1.5yrs

Average Tenure

43yo

Average Age

Experienced Management: ORRONS's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Peggy Bruzelius	Independent Director	less than a year	€143.82k	no data
Charles Ashley Heppenstall	Independent Director	23yrs	€194.25k	0.65% € 13.9m
Grace Skaugen	Independent Chairman	8.7yrs	€250.29k	0.033% € 704.6k
Jakob Thomasen	Independent Director	6.7yrs	€199.85k	0.0031% € 65.5k
William A. Lundin	Director	less than a year	no data	no data

6.7yrs

Average Tenure

61yo

Average Age

Experienced Board: ORRONS's board of directors are considered experienced (6.7 years average tenure).

Orrön Energy Management

Management criteria checks 3/4

Key information

Recent management updates

Chief Executive Officer recently bought kr625k worth of stock

Orrön Energy AB (publ), Annual General Meeting, May 15, 2024

Orrön Energy AB (Publ) Approves Board Appointments

Independent Chairman recently bought kr293k worth of stock

Independent Chairman recently bought kr318k worth of stock

Lundin Energy AB (Publ) Appoints Aksel Azrac as Board of Director

Recent updates

Orrön Energy AB (publ) to Report Q3, 2024 Results on Nov 06, 2024

Orrön Energy AB (publ) to Report Q1, 2024 Results on May 14, 2024

Orrön Energy AB (publ) entered into an agreement to acquire the remaining 50% stake in Leikanger hydropower plant in Norway from Sognekraft Produksjon AS for approximately NOK 613 million (€53 million).

Orrön Energy AB (publ) to Report Q2, 2024 Results on Aug 08, 2024

Chief Executive Officer recently bought kr625k worth of stock

Orrön Energy AB (publ), Annual General Meeting, May 15, 2024

Orrön Energy AB (Publ) Approves Board Appointments

Investor sentiment deteriorates as stock falls 17%

Independent Chairman recently bought kr293k worth of stock

Orrön Energy AB (publ) to Report Q3, 2023 Results on Nov 01, 2023

Independent Chairman recently bought kr318k worth of stock

Orrön Energy AB (publ) to Report Q2, 2023 Results on Aug 02, 2023

Orrön Energy AB (publ) to Report Q2, 2023 Results on Aug 02, 2023

Orrön Energy AB (publ) to Report Q1, 2023 Results on May 03, 2023

Orrön Energy AB (publ) to Report Q3, 2022 Results on Nov 25, 2022

Orrön Energy AB (publ)(OM:ORRON) dropped from FTSE All-World Index (USD)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Aker BP ASA (OB:AKRBP) completed the acquisition of Oil and gas business from Lundin Energy AB (publ) (OM:LUNE).

Upcoming dividend of US$0.56 per share

Now 99% undervalued after recent price drop

Lundin Energy AB (publ) Provides Production Guidance for Second Half 2022

Lundin Energy AB (Publ) Appoints Aksel Azrac as Board of Director

Director recently sold kr106m worth of stock

Non-Executive Director recently sold kr22m worth of stock

Now 22% undervalued

Lundin Energy ADR to Be Deleted from Other OTC

Lundin Energy AB (publ) to Report Fiscal Year 2022 Final Results on Mar 30, 2023

First quarter 2022 earnings released: US$0.009 loss per share (vs US$0.24 profit in 1Q 2021)

Insufficient new directors

Lundin Energy AB (Publ) Approves Quarterly Cash Dividend, Expected to Be Payable on July 12, 2022, October 7, 2022, January 11, 2023 Respectively

Lundin Energy AB (Publ) Approves Quarterly Cash Dividend, Expected to Be Payable on July 12, 2022, October 7, 2022, January 11, 2023 Respectively

Lundin Energy AB Proposes Quarterly Cash Dividend, Payable on 7 April 2022

Independent Director recently sold kr98m worth of stock

Non-Executive Director recently sold kr35m worth of stock

Lundin Energy AB (publ) to Report Fiscal Year 2022 Results on Jan 31, 2023

Lundin Energy AB (publ) to Report Q2, 2022 Results on Jul 27, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Lundin Energy AB (publ) Proposes Quarterly Dividend

Lundin Energy AB (publ) Provides Production Guidance for the Year 2022 and 2023

Lundin Energy AB Announces Total Resource Additions of 200% of 2021 Production

Upcoming dividend of US$0.45 per share

Investor sentiment improved over the past week

Lundin Energy Reportedly Considers Sale or Merger

Third quarter 2021 earnings released: EPS US$0.48 (vs US$0.75 in 3Q 2020)

Upcoming dividend of US$0.45 per share

Second quarter 2021 earnings released: EPS US$0.58 (vs US$0.63 in 2Q 2020)

Less than half of directors are independent

Director recently sold kr93m worth of stock

Upcoming dividend of US$0.45 per share

Lundin Energy AB (Publ) Announces Production Guidance for the Year 2021

First quarter 2021 earnings released: EPS US$0.24 (vs US$1.09 loss in 1Q 2020)

Saras S.p.A. (BIT:SRS) acquired Carbon Neutrally Produced Oil of Lundin Energy AB.

Upcoming dividend of US$0.45 per share

Full year 2020 earnings released: EPS US$1.35 (vs US$2.61 in FY 2019)

Revenue beats expectations

Lundin Energy AB (publ) to Report Fiscal Year 2021 Results on Feb 01, 2022

New 90-day high: kr258

Full year 2020 earnings released: EPS US$1.35 (vs US$2.61 in FY 2019)

Revenue beats expectations

Lundin Energy AB to Report Nine Months, 2021 Results on Oct 28, 2021

New 90-day high: kr244

Lundin Energy AB to Report Fiscal Year 2020 Results on Jan 28, 2021

Lundin Energy AB Announces Risk of Johan Sverdrup Shutdown from Union Strike Action

Lundin Energy AB to Report Q3, 2020 Results on Oct 29, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation