Icelandair Group hf.

ICSE:ICEAIR Stock Report

Market Cap: ISK 46.1b

Icelandair Group hf Management

Management criteria checks 4/4

Icelandair Group hf's CEO is Bogi Bogason, appointed in Aug 2018, has a tenure of 6.17 years. total yearly compensation is $575.50K, comprised of 73.8% salary and 26.2% bonuses, including company stock and options. directly owns 0.057% of the company’s shares, worth ISK26.46M. The average tenure of the management team and the board of directors is 5.3 years and 4.6 years respectively.

Key information

Bogi Bogason

Chief executive officer

US$575.5k

Total compensation

CEO salary percentage73.8%
CEO tenure6.2yrs
CEO ownership0.06%
Management average tenure5.3yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

Icelandair Group hf's (ICE:ICEAIR) Promising Earnings May Rest On Soft Foundations

Feb 09
Icelandair Group hf's (ICE:ICEAIR) Promising Earnings May Rest On Soft Foundations

Does Icelandair Group hf (ICE:ICEAIR) Have A Healthy Balance Sheet?

Jan 26
Does Icelandair Group hf (ICE:ICEAIR) Have A Healthy Balance Sheet?

Revenues Not Telling The Story For Icelandair Group hf. (ICE:ICEAIR)

Jul 27
Revenues Not Telling The Story For Icelandair Group hf. (ICE:ICEAIR)

Investors Could Be Concerned With Icelandair Group hf's (ICE:ICEAIR) Returns On Capital

May 05
Investors Could Be Concerned With Icelandair Group hf's (ICE:ICEAIR) Returns On Capital

Is Icelandair Group hf (ICE:ICEAIR) Using Debt Sensibly?

Jan 06
Is Icelandair Group hf (ICE:ICEAIR) Using Debt Sensibly?

Is Icelandair Group hf (ICE:ICEAIR) Using Debt In A Risky Way?

Sep 23
Is Icelandair Group hf (ICE:ICEAIR) Using Debt In A Risky Way?

Icelandair Group hf (ICE:ICEAIR) Has Debt But No Earnings; Should You Worry?

May 06
Icelandair Group hf (ICE:ICEAIR) Has Debt But No Earnings; Should You Worry?

Shareholders Will Probably Hold Off On Increasing Icelandair Group hf.'s (ICE:ICEAIR) CEO Compensation For The Time Being

Feb 24
Shareholders Will Probably Hold Off On Increasing Icelandair Group hf.'s (ICE:ICEAIR) CEO Compensation For The Time Being

Icelandair Group hf (ICE:ICEAIR) Has Debt But No Earnings; Should You Worry?

Dec 07
Icelandair Group hf (ICE:ICEAIR) Has Debt But No Earnings; Should You Worry?

Does Icelandair Group hf (ICE:ICEAIR) Have A Healthy Balance Sheet?

Dec 07
Does Icelandair Group hf (ICE:ICEAIR) Have A Healthy Balance Sheet?

CEO Compensation Analysis

How has Bogi Bogason's remuneration changed compared to Icelandair Group hf's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$13m

Mar 31 2024n/an/a

US$434k

Dec 31 2023US$576kUS$425k

US$11m

Sep 30 2023n/an/a

US$31m

Jun 30 2023n/an/a

US$2m

Mar 31 2023n/an/a

-US$8m

Dec 31 2022US$606kUS$433k

-US$8m

Sep 30 2022n/an/a

-US$30m

Jun 30 2022n/an/a

-US$66m

Mar 31 2022n/an/a

-US$124m

Dec 31 2021US$638kUS$518k

-US$104m

Sep 30 2021n/an/a

-US$148m

Jun 30 2021n/an/a

-US$130m

Mar 31 2021n/an/a

-US$165m

Dec 31 2020US$431kUS$355k

-US$367m

Sep 30 2020n/an/a

-US$314m

Jun 30 2020n/an/a

-US$290m

Mar 31 2020n/an/a

-US$232m

Dec 31 2019US$557kUS$452k

-US$56m

Sep 30 2019n/an/a

-US$83m

Jun 30 2019n/an/a

-US$83m

Mar 31 2019n/an/a

-US$77m

Dec 31 2018US$483kUS$300k

-US$56m

Sep 30 2018n/an/a

-US$38m

Jun 30 2018n/an/a

-US$3m

Mar 31 2018n/an/a

US$33m

Dec 31 2017US$521kUS$521k

US$37m

Compensation vs Market: Bogi's total compensation ($USD575.50K) is about average for companies of similar size in the IS market ($USD563.91K).

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

CEO

Bogi Bogason (55 yo)

6.2yrs

Tenure

US$575,500

Compensation

Mr. Bogi Nils Bogason has been President and Chief Executive Officer of Icelandair Group hf. since December 2018. Mr. Bogason was Interim President and Chief Executive Officer of Icelandair Group hf.since...

Leadership Team

NamePositionTenureCompensationOwnership
Bogi Bogason
President & CEO6.2yrsUS$575.50k0.057%
$ 26.5m
Ivar Kristinsson
Chief Financial Officer3.4yrsno data0.010%
$ 4.8m
Sylvia Olafsdottir
Chief Operating Officer1.2yrsno data0.00061%
$ 280.9k
Iris Thorisdottir
Director of Investor Relations13.8yrsno datano data
Ari Guojonsson
Secretary & General Counselno datano datano data
Asdis Petursdottir
Director of Communicationsno datano datano data
Elisabet Helgadottir
Chief Human Resources Officer6.8yrsno data0.021%
$ 9.7m
Guðmundur Pálsson
Senior Vice President of Union Contractsno datano datano data
Tomas Ingason
Chief Commercial Officer1.2yrsno data0.018%
$ 8.5m
Arni Hermannsson
Managing Director of Loftleidir Icelandic5.7yrsno data0.018%
$ 8.5m
Bjorn Viglundsson
Managing Director of Iceland Travel5.3yrsno datano data
Rakel Ottarsdottir
Chief Digital Officer2.6yrsno data0.0061%
$ 2.8m

5.3yrs

Average Tenure

Experienced Management: ICEAIR's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Svafa Gronfeldt
Director5.6yrsUS$47.70k0.030%
$ 14.0m
John Thomas
Director4.6yrsUS$62.20k0.0083%
$ 3.8m
Guðmundur Hafsteinsson
Independent Chairman6.6yrsUS$86.60k0.021%
$ 9.6m
Jonina Jonsson
Vice Chairman4.6yrsUS$77.40kno data
Matthew Evans
Director3.3yrsUS$47.70kno data

4.6yrs

Average Tenure

57yo

Average Age

Experienced Board: ICEAIR's board of directors are considered experienced (4.6 years average tenure).