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 6.33 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 ISK33.78M. The average tenure of the management team and the board of directors is 5.5 years and 4.8 years respectively.
Key information
Bogi Bogason
Chief executive officer
US$575.5k
Total compensation
| CEO salary percentage | 73.8% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.06% |
| Management average tenure | 5.5yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
Icelandair Group hf.'s (ICE:ICEAIR) Shares Leap 28% Yet They're Still Not Telling The Full Story
Oct 09
Icelandair Group hf's (ICE:ICEAIR) Promising Earnings May Rest On Soft Foundations
Feb 09Does Icelandair Group hf (ICE:ICEAIR) Have A Healthy Balance Sheet?
Jan 26Revenues Not Telling The Story For Icelandair Group hf. (ICE:ICEAIR)
Jul 27Investors Could Be Concerned With Icelandair Group hf's (ICE:ICEAIR) Returns On Capital
May 05Is Icelandair Group hf (ICE:ICEAIR) Using Debt Sensibly?
Jan 06Is Icelandair Group hf (ICE:ICEAIR) Using Debt In A Risky Way?
Sep 23Icelandair Group hf (ICE:ICEAIR) Has Debt But No Earnings; Should You Worry?
May 06Shareholders Will Probably Hold Off On Increasing Icelandair Group hf.'s (ICE:ICEAIR) CEO Compensation For The Time Being
Feb 24Icelandair Group hf (ICE:ICEAIR) Has Debt But No Earnings; Should You Worry?
Dec 07Does Icelandair Group hf (ICE:ICEAIR) Have A Healthy Balance Sheet?
Dec 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$28m |
| Jun 30 2024 | n/a | n/a | -US$13m |
| Mar 31 2024 | n/a | n/a | US$434k |
| Dec 31 2023 | US$576k | US$425k | US$11m |
| Sep 30 2023 | n/a | n/a | US$31m |
| Jun 30 2023 | n/a | n/a | US$2m |
| Mar 31 2023 | n/a | n/a | -US$8m |
| Dec 31 2022 | US$606k | US$433k | -US$8m |
| Sep 30 2022 | n/a | n/a | -US$30m |
| Jun 30 2022 | n/a | n/a | -US$66m |
| Mar 31 2022 | n/a | n/a | -US$124m |
| Dec 31 2021 | US$638k | US$518k | -US$104m |
| Sep 30 2021 | n/a | n/a | -US$148m |
| Jun 30 2021 | n/a | n/a | -US$130m |
| Mar 31 2021 | n/a | n/a | -US$165m |
| Dec 31 2020 | US$431k | US$355k | -US$367m |
| Sep 30 2020 | n/a | n/a | -US$314m |
| Jun 30 2020 | n/a | n/a | -US$290m |
| Mar 31 2020 | n/a | n/a | -US$232m |
| Dec 31 2019 | US$557k | US$452k | -US$56m |
| Sep 30 2019 | n/a | n/a | -US$83m |
| Jun 30 2019 | n/a | n/a | -US$83m |
| Mar 31 2019 | n/a | n/a | -US$77m |
| Dec 31 2018 | US$483k | US$300k | -US$56m |
| Sep 30 2018 | n/a | n/a | -US$38m |
| Jun 30 2018 | n/a | n/a | -US$3m |
| Mar 31 2018 | n/a | n/a | US$33m |
| Dec 31 2017 | US$521k | US$521k | US$37m |
Compensation vs Market: Bogi's total compensation ($USD575.50K) is about average for companies of similar size in the IS market ($USD533.76K).
Compensation vs Earnings: Bogi's compensation has been consistent with company performance over the past year.
CEO
Bogi Bogason (55 yo)
6.3yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 6.3yrs | US$575.50k | 0.057% ISK 33.8m | |
| Chief Financial Officer | 3.6yrs | no data | 0.010% ISK 6.1m | |
| Chief Operating Officer | 1.3yrs | no data | 0.00061% ISK 358.7k | |
| Director of Investor Relations | 14yrs | no data | no data | |
| Secretary & General Counsel | no data | no data | no data | |
| Director of Communications | no data | no data | no data | |
| Chief Human Resources Officer | 6.9yrs | no data | 0.021% ISK 12.4m | |
| Senior Vice President of Union Contracts | no data | no data | no data | |
| Chief Commercial Officer | 1.3yrs | no data | 0.018% ISK 10.8m | |
| Managing Director of Loftleidir Icelandic | 5.8yrs | no data | 0.018% ISK 10.9m | |
| Managing Director of Iceland Travel | 5.5yrs | no data | no data | |
| Chief Digital Officer | 2.8yrs | no data | 0.0061% ISK 3.6m |
5.5yrs
Average Tenure
Experienced Management: ICEAIR's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 5.8yrs | US$47.70k | 0.030% ISK 17.9m | |
| Director | 4.8yrs | US$62.20k | 0.0083% ISK 4.9m | |
| Independent Chairman | 6.8yrs | US$86.60k | 0.021% ISK 12.2m | |
| Vice Chairman | 4.8yrs | US$77.40k | no data | |
| Director | 3.4yrs | US$47.70k | no data |
4.8yrs
Average Tenure
57yo
Average Age
Experienced Board: ICEAIR's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 14:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Icelandair Group hf. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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