Kongsberg Gruppen Management

Management criteria checks 4/4

Kongsberg Gruppen's CEO is Geir Haoy, appointed in Jun 2016, has a tenure of 7.92 years. total yearly compensation is NOK11.55M, comprised of 55.8% salary and 44.2% bonuses, including company stock and options. directly owns 0.028% of the company’s shares, worth NOK38.03M. The average tenure of the management team and the board of directors is 3 years and 3 years respectively.

Key information

Geir Haoy

Chief executive officer

kr11.5m

Total compensation

CEO salary percentage55.8%
CEO tenure7.9yrs
CEO ownership0.03%
Management average tenure3yrs
Board average tenure3yrs

Recent management updates

Recent updates

Is Kongsberg Gruppen (OB:KOG) A Risky Investment?

Apr 21
Is Kongsberg Gruppen (OB:KOG) A Risky Investment?

Kongsberg Gruppen ASA's (OB:KOG) Intrinsic Value Is Potentially 42% Above Its Share Price

Feb 29
Kongsberg Gruppen ASA's (OB:KOG) Intrinsic Value Is Potentially 42% Above Its Share Price

Kongsberg Gruppen ASA's (OB:KOG) Shares Climb 25% But Its Business Is Yet to Catch Up

Feb 16
Kongsberg Gruppen ASA's (OB:KOG) Shares Climb 25% But Its Business Is Yet to Catch Up

Under The Bonnet, Kongsberg Gruppen's (OB:KOG) Returns Look Impressive

Feb 04
Under The Bonnet, Kongsberg Gruppen's (OB:KOG) Returns Look Impressive

Do Kongsberg Gruppen's (OB:KOG) Earnings Warrant Your Attention?

Jan 22
Do Kongsberg Gruppen's (OB:KOG) Earnings Warrant Your Attention?

Kongsberg Gruppen ASA's (OB:KOG) Share Price Could Signal Some Risk

Dec 26
Kongsberg Gruppen ASA's (OB:KOG) Share Price Could Signal Some Risk

Is Kongsberg Gruppen ASA (OB:KOG) Trading At A 45% Discount?

Nov 26
Is Kongsberg Gruppen ASA (OB:KOG) Trading At A 45% Discount?

We Like Kongsberg Gruppen's (OB:KOG) Returns And Here's How They're Trending

Oct 29
We Like Kongsberg Gruppen's (OB:KOG) Returns And Here's How They're Trending

Is Kongsberg Gruppen (OB:KOG) A Risky Investment?

Oct 15
Is Kongsberg Gruppen (OB:KOG) A Risky Investment?

With EPS Growth And More, Kongsberg Gruppen (OB:KOG) Makes An Interesting Case

Sep 15
With EPS Growth And More, Kongsberg Gruppen (OB:KOG) Makes An Interesting Case

Is Kongsberg Gruppen ASA (OB:KOG) Trading At A 32% Discount?

Aug 15
Is Kongsberg Gruppen ASA (OB:KOG) Trading At A 32% Discount?

The Trend Of High Returns At Kongsberg Gruppen (OB:KOG) Has Us Very Interested

Jul 19
The Trend Of High Returns At Kongsberg Gruppen (OB:KOG) Has Us Very Interested

Is Kongsberg Gruppen (OB:KOG) A Risky Investment?

Jul 06
Is Kongsberg Gruppen (OB:KOG) A Risky Investment?

If EPS Growth Is Important To You, Kongsberg Gruppen (OB:KOG) Presents An Opportunity

Jun 09
If EPS Growth Is Important To You, Kongsberg Gruppen (OB:KOG) Presents An Opportunity

A Look At The Fair Value Of Kongsberg Gruppen ASA (OB:KOG)

May 11
A Look At The Fair Value Of Kongsberg Gruppen ASA (OB:KOG)

Kongsberg Gruppen (OB:KOG) Is Experiencing Growth In Returns On Capital

Apr 14
Kongsberg Gruppen (OB:KOG) Is Experiencing Growth In Returns On Capital

Kongsberg Gruppen (OB:KOG) Could Easily Take On More Debt

Apr 02
Kongsberg Gruppen (OB:KOG) Could Easily Take On More Debt

We Ran A Stock Scan For Earnings Growth And Kongsberg Gruppen (OB:KOG) Passed With Ease

Mar 07
We Ran A Stock Scan For Earnings Growth And Kongsberg Gruppen (OB:KOG) Passed With Ease

Is There An Opportunity With Kongsberg Gruppen ASA's (OB:KOG) 25% Undervaluation?

Feb 02
Is There An Opportunity With Kongsberg Gruppen ASA's (OB:KOG) 25% Undervaluation?

Kongsberg Gruppen (OB:KOG) Shareholders Will Want The ROCE Trajectory To Continue

Jan 09
Kongsberg Gruppen (OB:KOG) Shareholders Will Want The ROCE Trajectory To Continue

Kongsberg Gruppen (OB:KOG) Could Easily Take On More Debt

Dec 28
Kongsberg Gruppen (OB:KOG) Could Easily Take On More Debt

If EPS Growth Is Important To You, Kongsberg Gruppen (OB:KOG) Presents An Opportunity

Dec 04
If EPS Growth Is Important To You, Kongsberg Gruppen (OB:KOG) Presents An Opportunity

Kongsberg Gruppen ASA's (OB:KOG) Intrinsic Value Is Potentially 92% Above Its Share Price

Oct 24
Kongsberg Gruppen ASA's (OB:KOG) Intrinsic Value Is Potentially 92% Above Its Share Price

Kongsberg Gruppen (OB:KOG) Might Have The Makings Of A Multi-Bagger

Sep 29
Kongsberg Gruppen (OB:KOG) Might Have The Makings Of A Multi-Bagger

Do Kongsberg Gruppen's (OB:KOG) Earnings Warrant Your Attention?

Jul 24
Do Kongsberg Gruppen's (OB:KOG) Earnings Warrant Your Attention?

Are Investors Undervaluing Kongsberg Gruppen ASA (OB:KOG) By 49%?

Jun 29
Are Investors Undervaluing Kongsberg Gruppen ASA (OB:KOG) By 49%?

Investors Will Want Kongsberg Gruppen's (OB:KOG) Growth In ROCE To Persist

Jun 15
Investors Will Want Kongsberg Gruppen's (OB:KOG) Growth In ROCE To Persist

Kongsberg Gruppen (OB:KOG) Could Easily Take On More Debt

Jun 01
Kongsberg Gruppen (OB:KOG) Could Easily Take On More Debt

Kongsberg Gruppen (OB:KOG) Is Increasing Its Dividend To kr15.30

Apr 28
Kongsberg Gruppen (OB:KOG) Is Increasing Its Dividend To kr15.30

Kongsberg Gruppen (OB:KOG) Is Increasing Its Dividend To kr15.30

Mar 27
Kongsberg Gruppen (OB:KOG) Is Increasing Its Dividend To kr15.30

Are Investors Undervaluing Kongsberg Gruppen ASA (OB:KOG) By 43%?

Mar 09
Are Investors Undervaluing Kongsberg Gruppen ASA (OB:KOG) By 43%?

Kongsberg Gruppen (OB:KOG) Shareholders Will Want The ROCE Trajectory To Continue

Feb 26
Kongsberg Gruppen (OB:KOG) Shareholders Will Want The ROCE Trajectory To Continue

Kongsberg Gruppen (OB:KOG) Is Paying Out A Larger Dividend Than Last Year

Feb 13
Kongsberg Gruppen (OB:KOG) Is Paying Out A Larger Dividend Than Last Year

Is Kongsberg Gruppen (OB:KOG) Using Too Much Debt?

Jan 26
Is Kongsberg Gruppen (OB:KOG) Using Too Much Debt?

If You Like EPS Growth Then Check Out Kongsberg Gruppen (OB:KOG) Before It's Too Late

Jan 15
If You Like EPS Growth Then Check Out Kongsberg Gruppen (OB:KOG) Before It's Too Late

An Intrinsic Calculation For Kongsberg Gruppen ASA (OB:KOG) Suggests It's 37% Undervalued

Nov 28
An Intrinsic Calculation For Kongsberg Gruppen ASA (OB:KOG) Suggests It's 37% Undervalued

Kongsberg Gruppen's (OB:KOG) Returns On Capital Are Heading Higher

Nov 14
Kongsberg Gruppen's (OB:KOG) Returns On Capital Are Heading Higher

CEO Compensation Analysis

How has Geir Haoy's remuneration changed compared to Kongsberg Gruppen's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

kr4b

Dec 31 2023n/an/a

kr4b

Sep 30 2023n/an/a

kr4b

Jun 30 2023n/an/a

kr3b

Mar 31 2023n/an/a

kr3b

Dec 31 2022kr12mkr6m

kr3b

Sep 30 2022n/an/a

kr2b

Jun 30 2022n/an/a

kr2b

Mar 31 2022n/an/a

kr2b

Dec 31 2021kr11mkr6m

kr2b

Sep 30 2021n/an/a

kr2b

Jun 30 2021n/an/a

kr2b

Mar 31 2021n/an/a

kr2b

Dec 31 2020kr11mkr6m

kr1b

Sep 30 2020n/an/a

kr1b

Jun 30 2020n/an/a

kr850m

Mar 31 2020n/an/a

kr625m

Dec 31 2019kr10mkr6m

kr580m

Sep 30 2019n/an/a

kr588m

Jun 30 2019n/an/a

kr676m

Mar 31 2019n/an/a

kr728m

Dec 31 2018kr9mkr5m

kr701m

Sep 30 2018n/an/a

kr626m

Jun 30 2018n/an/a

kr550m

Mar 31 2018n/an/a

kr522m

Dec 31 2017kr8mkr5m

kr554m

Compensation vs Market: Geir's total compensation ($USD1.04M) is about average for companies of similar size in the Norwegian market ($USD1.40M).

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


CEO

Geir Haoy (57 yo)

7.9yrs

Tenure

kr11,546,000

Compensation

Mr. Geir Håøy has been the Chief Executive Officer and President of Kongsberg Gruppen ASA since June, 2016. Mr. Håøy Joined Kongsberg Gruppen ASA in June 1993. He has been the Chief Executive Officer of K...


Leadership Team

NamePositionTenureCompensationOwnership
Geir Haoy
President & CEO7.9yrskr11.55m0.028%
NOK 38.0m
Christian Karde
Group Executive VP3.7yrskr4.21m0.0029%
NOK 4.0m
Iver Olerud
Group Executive Vice President of Corporate Developmentless than a yearkr4.53m0.0050%
NOK 6.9m
Eirik Lie
Executive VP of Kongsberg and President of Kongsberg Defense & Aerospace7.8yrskr6.49m0.010%
NOK 14.0m
Even Aas
Group Executive Vice President of Public Affairsno datakr4.63m0.018%
NOK 25.0m
Lisa Haugan
Executive VP of Kongsberg & President of Kongsberg Maritime2.3yrskr3.94m0.0051%
NOK 7.0m
Mette Bjorgen
CFO & Group Executive VP1.1yrsno datano data
Kristin Barkost
Vice President of Accounting14.3yrsno datano data
Jan Erik Hoff
Group Vice President of Investor Relationsno datano datano data
Ronny Lie
Chief Communication Officerno datano datano data
Martin Fjell
Executive VP of Kongsberg & President of Kongsberg Discovery1.3yrsno data0.0038%
NOK 5.2m

3.0yrs

Average Tenure

56yo

Average Age

Experienced Management: KOG's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eivind Reiten
Independent Chairman7.1yrskr657.30k0.0022%
NOK 3.0m
Per Sørlie
Director5yrskr397.67k0.0019%
NOK 2.7m
Kristin Faerovik
Directorless than a yearno datano data
Morten Henriksen
Independent Director11yrskr421.67k0.0028%
NOK 3.9m
Ole Svarva
Deputy Directorno datano datano data
Merete Hverven
Director3yrskr287.33kno data
Jo Bjerknes
Employee Representative Director3yrskr287.33k0.00010%
NOK 138.2k
Rune Fanoy
Employee Representative Director3yrskr336.93k0.00012%
NOK 165.9k
Oda Ellingsen
Employee Representative Director3yrskr397.67k0.00087%
NOK 1.2m
Kjersti Rod
Directorless than a yearkr63.93k0.0012%
NOK 1.7m
Ivar-Andre Ihle
Deputy Member of the Boardno datakr12.70k0.00060%
NOK 829.5k

3.0yrs

Average Tenure

55yo

Average Age

Experienced Board: KOG's board of directors are considered experienced (3 years average tenure).


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