Frontline Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Lars Barstad
Chief executive officer
US$2.1m
Total compensation
| CEO salary percentage | 19.4% |
| CEO tenure | 3.7yrs |
| CEO ownership | n/a |
| Management average tenure | 3.7yrs |
| Board average tenure | 2.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$638m |
| Dec 31 2023 | US$2m | US$404k | US$656m |
| Sep 30 2023 | n/a | n/a | US$777m |
| Jun 30 2023 | n/a | n/a | US$826m |
| Mar 31 2023 | n/a | n/a | US$646m |
| Dec 31 2022 | US$1m | US$376k | US$476m |
Compensation vs Market: Lars's total compensation ($USD2.08M) is about average for companies of similar size in the MX market ($USD2.42M).
Compensation vs Earnings: Lars's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Lars Barstad (53 yo)
3.7yrs
Tenure
US$2,083,000
Compensation
Mr. Lars H. Barstad serves as Interim Chief Executive Officer at Frontline Management AS at Frontline plc since October 2020 and served as Commercial Director since 2015. Mr. Barstad has experience in the...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer of Frontline Management AS | 3.7yrs | US$2.08m | no data | |
| Chief Financial Officer of Frontline Management AS | 12.4yrs | no data | 0.13% MX$ 139.7m | |
| Secretary | 1.5yrs | no data | no data |
3.7yrs
Average Tenure
Experienced Management: FRO1 N's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 26.6yrs | US$391.00k | 35.64% MX$ 36.9b | |
| Independent Chairman | 9.1yrs | US$812.00k | 0.039% MX$ 40.0m | |
| Independent Director | 5.8yrs | US$401.00k | no data | |
| Independent Director | less than a year | US$3.00k | no data | |
| Independent Director | 2.1yrs | US$60.00k | no data | |
| Director | 2.1yrs | US$60.00k | no data | |
| Independent Director | 1.7yrs | US$70.00k | no data |
2.1yrs
Average Tenure
60yo
Average Age
Experienced Board: FRO1 N's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/06/23 08:05 |
| End of Day Share Price | 2024/03/26 00:00 |
| Earnings | 2024/03/31 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Frontline plc is covered by 26 analysts. 8 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 |
|---|---|
| Anders Holte | ABG Sundal Collier |
| Glenn Lodden | ABN AMRO Bank N.V. |
| Erik Stavseth | Arctic Securities ASA |