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 percentage | 96.5% |
CEO tenure | 4.5yrs |
CEO ownership | 0.5% |
Management average tenure | 2.2yrs |
Board average tenure | 2.8yrs |
Recent management updates
Recent updates
We Discuss Why AKVA group ASA's (OB:AKVA) CEO Compensation May Be Closely Reviewed
Apr 26Subdued Growth No Barrier To AKVA group ASA (OB:AKVA) With Shares Advancing 27%
Mar 15Returns On Capital Signal Tricky Times Ahead For AKVA group (OB:AKVA)
Jan 10We Think AKVA group (OB:AKVA) Has A Fair Chunk Of Debt
Oct 03Investors Who Bought AKVA Group (OB:AKVA) Shares Five Years Ago Are Now Up 74%
Dec 21CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | kr6m | kr6m | -kr18m |
Sep 30 2023 | n/a | n/a | -kr20m |
Jun 30 2023 | n/a | n/a | -kr109m |
Mar 31 2023 | n/a | n/a | -kr171m |
Dec 31 2022 | kr3m | kr3m | -kr131m |
Sep 30 2022 | n/a | n/a | -kr88m |
Jun 30 2022 | n/a | n/a | kr19m |
Mar 31 2022 | n/a | n/a | kr76m |
Dec 31 2021 | kr3m | kr3m | kr11m |
Sep 30 2021 | n/a | n/a | kr13m |
Jun 30 2021 | n/a | n/a | kr35m |
Mar 31 2021 | n/a | n/a | kr45m |
Dec 31 2020 | kr6m | kr3m | kr91m |
Sep 30 2020 | n/a | n/a | -kr2m |
Jun 30 2020 | n/a | n/a | kr4m |
Mar 31 2020 | n/a | n/a | kr7m |
Dec 31 2019 | kr3m | kr444k | 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | 4.5yrs | kr6.06m | 0.47% NOK 11.5m | |
Group Chief Financial Officer | 3.8yrs | kr3.82m | 0.033% NOK 797.1k | |
Group Director of Communications & Sustainability | 2.2yrs | kr2.27m | 0.014% NOK 351.3k | |
Group HR Director | 1.9yrs | kr2.15m | 0.014% NOK 351.3k | |
Chief Operating Officer of Land Based | 3.6yrs | kr2.79m | 0.019% NOK 465.5k | |
Chief Digital Officer | 3.3yrs | kr2.97m | 0.014% NOK 351.3k | |
Chief Operating Officer Egersund Net | 1.9yrs | kr3.52m | 0.014% NOK 351.3k | |
Chief Operating Officer of Sea Based Nordic | 1.8yrs | kr2.37m | 0.0060% NOK 146.3k | |
COO of Sea Based International | less than a year | kr1.16m | no 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Director | 2.6yrs | kr210.00k | no data | |
Director | 14.9yrs | kr210.00k | no data | |
Independent Director | 3yrs | kr210.00k | no data | |
Independent Chairperson | 12yrs | kr345.00k | no data | |
Employee Representative Director | 1.5yrs | kr53.00k | no data | |
Employee Representative Director | 1.5yrs | kr53.00k | no data | |
Independent Deputy Chairperson | 5yrs | kr229.00k | 0.0033% NOK 80.2k | |
Independent Director | 3yrs | kr210.00k | no data | |
Independent Director | 2.6yrs | kr210.00k | no data | |
Deputy Member of the Board | no data | no data | no data | |
Employee Representative Director | less than a year | no data | no 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.