Equinor Management

Management criteria checks 4/4

Equinor's CEO is Anders Opedal, appointed in Nov 2020, has a tenure of 4.08 years. total yearly compensation is $1.96M, comprised of 48.4% salary and 51.6% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth MX$26.01M. The average tenure of the management team and the board of directors is 3.5 years and 6.8 years respectively.

Key information

Anders Opedal

Chief executive officer

US$2.0m

Total compensation

CEO salary percentage48.4%
CEO tenure4.1yrs
CEO ownership0.002%
Management average tenure3.5yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Anders Opedal's remuneration changed compared to Equinor's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$9b

Jun 30 2024n/an/a

US$10b

Mar 31 2024n/an/a

US$10b

Dec 31 2023US$2mUS$951k

US$12b

Sep 30 2023n/an/a

US$17b

Jun 30 2023n/an/a

US$24b

Mar 31 2023n/an/a

US$29b

Dec 31 2022US$2mUS$999k

US$29b

Sep 30 2022n/an/a

US$24b

Jun 30 2022n/an/a

US$16b

Mar 31 2022n/an/a

US$11b

Dec 31 2021US$2mUS$1m

US$9b

Sep 30 2021n/an/a

US$3b

Jun 30 2021n/an/a

-US$760m

Mar 31 2021n/an/a

-US$3b

Dec 31 2020US$814kUS$507k

-US$6b

Sep 30 2020n/an/a

-US$3b

Jun 30 2020n/an/a

-US$2b

Mar 31 2020n/an/a

-US$576m

Jan 01 2020n/an/a

US$2b

Compensation vs Market: Anders's total compensation ($USD1.96M) is below average for companies of similar size in the MX market ($USD5.74M).

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


CEO

Anders Opedal (56 yo)

4.1yrs

Tenure

US$1,964,000

Compensation

Mr. Anders Opedal has been President and Chief Executive Officer at Equinor ASA since November 2, 2020. He had been an Executive Vice President of Technology, Projects & Drilling at Equinor ASA since Octob...


Leadership Team

NamePositionTenureCompensationOwnership
Anders Opedal
President & CEO4.1yrsUS$1.96m0.0021%
MX$ 26.0m
Torgrim Reitan
Executive VP & CFO2.2yrsUS$937.00k0.00058%
MX$ 7.1m
Hege Skryseth
CTO & Executive VP of Technology2.3yrsUS$730.00k0.00021%
MX$ 2.6m
Siv Helen Torstensen
Executive VP & General Counsel of Legal & Compliance3.5yrsUS$669.00k0.00071%
MX$ 8.8m
Jannik Lindbaek
Executive Vice President for Communication3.9yrsUS$622.00k0.00044%
MX$ 5.4m
Irene Rummelhoff
Executive Vice President of Marketing6.3yrsUS$872.00k0.0012%
MX$ 14.5m
Aksel Stenerud
Executive Vice President for the People & Organization2.8yrsUS$640.00k0.00044%
MX$ 5.4m
Kjetil Hove
Executive Vice President of Exploration & Production Norwayno dataUS$1.00m0.00089%
MX$ 11.0m
Mathieu Philippe
Executive VP of Exploration & Production International1.9yrsUS$882.00k0.00029%
MX$ 3.6m
Jannicke Nilsson
Executive Vice President of Safety3.5yrsUS$790.00k0.0023%
MX$ 28.6m
Geir Tungesvik
Executive Vice President of Projects3.9yrsUS$794.00k0.00077%
MX$ 9.5m
Morten Haukaas
Chief Accountantno datano datano data

3.5yrs

Average Tenure

58yo

Average Age

Experienced Management: EQNR N's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tone Bachke
MD & Directorless than a yearno datano data
Jon Erik Reinhardsen
Independent Chair of the Board7.3yrsUS$103.00k0.00017%
MX$ 2.1m
Finn-Bjorn Ruyter
Independent Director5.4yrsUS$67.00k0.000020%
MX$ 246.5k
Jonathan Lewis
Independent Director6.4yrsUS$82.00kno data
Nils Bastiansen
Deputy Chairman of Corporate Assembly8.6yrsno datano data
Stig Laegreid
Employee-Elected Director11.4yrsUS$53.00k0.000010%
MX$ 123.3k
Anne Drinkwater
Independent Deputy Chairman6.4yrsUS$101.00k0.000040%
MX$ 493.0k
Kjell Roth
Chair of the Corporate Assembly8.6yrsno datano data
Per Labraten
Employee-Elected Director7.5yrsUS$62.00k0.000030%
MX$ 369.8k
Hilde Mollerstad
Employee Representative Director5.4yrsUS$57.00k0.00020%
MX$ 2.5m
Dag Mongstad
Observer7.5yrsno datano data
Haakon Bruun-Hanssen
Independent Director2yrsUS$66.00kno data

6.8yrs

Average Tenure

63.5yo

Average Age

Experienced Board: EQNR N's board of directors are considered experienced (6.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:27
End of Day Share Price 2024/11/06 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Equinor ASA is covered by 61 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John A. OlaisenABG Sundal Collier
Robert Jan VosABN AMRO Bank N.V.
Thijs BerkelderABN AMRO Bank N.V.