AKVA group Management

Management criteria checks 2/4

AKVA group's CEO is Knut Nesse, appointed in Nov 2019, has a tenure of 4.5 years. total yearly compensation is NOK6.06M, comprised of 96.5% salary and 3.5% bonuses, including company stock and options. directly owns 0.47% of the company’s shares, worth NOK11.49M. The average tenure of the management team and the board of directors is 2.2 years and 2.8 years respectively.

Key information

Knut Nesse

Chief executive officer

kr6.1m

Total compensation

CEO salary percentage96.5%
CEO tenure4.5yrs
CEO ownership0.5%
Management average tenure2.2yrs
Board average tenure2.8yrs

Recent management updates

We Discuss Why AKVA group ASA's (OB:AKVA) CEO Compensation May Be Closely Reviewed

Apr 26
We Discuss Why AKVA group ASA's (OB:AKVA) CEO Compensation May Be Closely Reviewed

Recent updates

We Discuss Why AKVA group ASA's (OB:AKVA) CEO Compensation May Be Closely Reviewed

Apr 26
We Discuss Why AKVA group ASA's (OB:AKVA) CEO Compensation May Be Closely Reviewed

Subdued Growth No Barrier To AKVA group ASA (OB:AKVA) With Shares Advancing 27%

Mar 15
Subdued Growth No Barrier To AKVA group ASA (OB:AKVA) With Shares Advancing 27%

Returns On Capital Signal Tricky Times Ahead For AKVA group (OB:AKVA)

Jan 10
Returns On Capital Signal Tricky Times Ahead For AKVA group (OB:AKVA)

We Think AKVA group (OB:AKVA) Has A Fair Chunk Of Debt

Oct 03
We Think AKVA group (OB:AKVA) Has A Fair Chunk Of Debt

Investors Who Bought AKVA Group (OB:AKVA) Shares Five Years Ago Are Now Up 74%

Dec 21
Investors Who Bought AKVA Group (OB:AKVA) Shares Five Years Ago Are Now Up 74%

CEO Compensation Analysis

How has Knut Nesse's remuneration changed compared to AKVA group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023kr6mkr6m

-kr18m

Sep 30 2023n/an/a

-kr20m

Jun 30 2023n/an/a

-kr109m

Mar 31 2023n/an/a

-kr171m

Dec 31 2022kr3mkr3m

-kr131m

Sep 30 2022n/an/a

-kr88m

Jun 30 2022n/an/a

kr19m

Mar 31 2022n/an/a

kr76m

Dec 31 2021kr3mkr3m

kr11m

Sep 30 2021n/an/a

kr13m

Jun 30 2021n/an/a

kr35m

Mar 31 2021n/an/a

kr45m

Dec 31 2020kr6mkr3m

kr91m

Sep 30 2020n/an/a

-kr2m

Jun 30 2020n/an/a

kr4m

Mar 31 2020n/an/a

kr7m

Dec 31 2019kr3mkr444k

kr15m

Compensation vs Market: Knut's total compensation ($USD546.84K) is about average for companies of similar size in the Norwegian market ($USD492.96K).

Compensation vs Earnings: Knut's compensation has increased whilst the company is unprofitable.


CEO

Knut Nesse (56 yo)

4.5yrs

Tenure

kr6,061,000

Compensation

Mr. Knut Nesse served as a Member of the Board at Nordic Halibut AS until 2022. He is Chairman of the Board at Desert Control AS since 2019. He serves as Chief Executive Officer of AKVA Group ASA since Dec...


Leadership Team

NamePositionTenureCompensationOwnership
Knut Nesse
Chief Executive Officer4.5yrskr6.06m0.47%
NOK 11.5m
Ronny Meinkoehn
Group Chief Financial Officer3.8yrskr3.82m0.033%
NOK 797.1k
Stale Okland
Group Director of Communications & Sustainability2.2yrskr2.27m0.014%
NOK 351.3k
Maren Sunde
Group HR Director1.9yrskr2.15m0.014%
NOK 351.3k
Johan Gjesdal
Chief Operating Officer of Land Based3.6yrskr2.79m0.019%
NOK 465.5k
Asle Bratteli
Chief Digital Officer3.3yrskr2.97m0.014%
NOK 351.3k
Glenn Mo
Chief Operating Officer Egersund Net1.9yrskr3.52m0.014%
NOK 351.3k
Kristian Botnen
Chief Operating Officer of Sea Based Nordic1.8yrskr2.37m0.0060%
NOK 146.3k
Stig Forre
COO of Sea Based Internationalless than a yearkr1.16mno data

2.2yrs

Average Tenure

50.5yo

Average Age

Experienced Management: AKVA's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yoav Doppelt
Director2.6yrskr210.00kno data
Frode Teigen
Director14.9yrskr210.00kno data
Heidi Flikka
Independent Director3yrskr210.00kno data
Hans Mong
Independent Chairperson12yrskr345.00kno data
Odd Haland
Employee Representative Director1.5yrskr53.00kno data
John Kristiansen
Employee Representative Director1.5yrskr53.00kno data
Kristin Huseboe
Independent Deputy Chairperson5yrskr229.00k0.0033%
NOK 80.2k
Tore Rasmussen
Independent Director3yrskr210.00kno data
Irene Lauvsnes
Independent Director2.6yrskr210.00kno data
Alexander Myklebust
Deputy Member of the Boardno datano datano data
Mona Skadberg
Employee Representative Directorless than a yearno datano data

2.8yrs

Average Tenure

56.5yo

Average Age

Experienced Board: AKVA's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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