Tomra Systems Management
Management criteria checks 2/4
Tomra Systems' CEO is Tove Andersen, appointed in Aug 2021, has a tenure of 3.5 years. total yearly compensation is €1.25M, comprised of 38.6% salary and 61.4% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth NOK8.60M. The average tenure of the management team and the board of directors is 3.5 years and 2.5 years respectively.
Key information
Tove Andersen
Chief executive officer
€1.2m
Total compensation
| CEO salary percentage | 38.6% |
| CEO tenure | 3.5yrs |
| CEO ownership | 0.02% |
| Management average tenure | 3.5yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
We Think Tomra Systems (OB:TOM) Is Taking Some Risk With Its Debt
Jan 19
Is There Now An Opportunity In Tomra Systems ASA (OB:TOM)?
Dec 13Tomra Systems' (OB:TOM) Soft Earnings Don't Show The Whole Picture
Oct 29Is Tomra Systems (OB:TOM) A Risky Investment?
Oct 17Tomra Systems (OB:TOM) Will Be Hoping To Turn Its Returns On Capital Around
Oct 03A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)
Sep 20Is It Too Late To Consider Buying Tomra Systems ASA (OB:TOM)?
Aug 09Tomra Systems ASA's (OB:TOM) 35% Price Boost Is Out Of Tune With Revenues
Jul 27We Think Tomra Systems (OB:TOM) Is Taking Some Risk With Its Debt
Jul 11Tomra Systems (OB:TOM) Is Reinvesting At Lower Rates Of Return
Jun 10A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)
May 28Earnings Update: Here's Why Analysts Just Lifted Their Tomra Systems ASA (OB:TOM) Price Target To kr117
May 01When Should You Buy Tomra Systems ASA (OB:TOM)?
Apr 19Tomra Systems ASA (OB:TOM) Looks Just Right With A 28% Price Jump
Mar 03Tomra Systems ASA Just Missed EPS By 6.8%: Here's What Analysts Think Will Happen Next
Feb 18Tomra Systems ASA (OB:TOM) Shares Could Be 31% Above Their Intrinsic Value Estimate
Feb 17Tomra Systems (OB:TOM) Seems To Use Debt Quite Sensibly
Feb 03Investor Optimism Abounds Tomra Systems ASA (OB:TOM) But Growth Is Lacking
Jan 04Returns On Capital At Tomra Systems (OB:TOM) Have Stalled
Dec 18Is Now The Time To Look At Buying Tomra Systems ASA (OB:TOM)?
Dec 03Returns On Capital At Tomra Systems (OB:TOM) Have Hit The Brakes
Sep 12Calculating The Intrinsic Value Of Tomra Systems ASA (OB:TOM)
Aug 25These 4 Measures Indicate That Tomra Systems (OB:TOM) Is Using Debt Reasonably Well
Jul 05Return Trends At Tomra Systems (OB:TOM) Aren't Appealing
May 29Does This Valuation Of Tomra Systems ASA (OB:TOM) Imply Investors Are Overpaying?
Apr 07These 4 Measures Indicate That Tomra Systems (OB:TOM) Is Using Debt Reasonably Well
Mar 09Here's What To Make Of Tomra Systems' (OB:TOM) Decelerating Rates Of Return
Feb 20A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)
Dec 21Tomra Systems (OB:TOM) Seems To Use Debt Quite Sensibly
Dec 06Return Trends At Tomra Systems (OB:TOM) Aren't Appealing
Nov 21Does Tomra Systems (OB:TOM) Have A Healthy Balance Sheet?
Aug 27Is Now The Time To Put Tomra Systems (OB:TOM) On Your Watchlist?
Aug 12Returns On Capital At Tomra Systems (OB:TOM) Have Hit The Brakes
Jul 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €51m |
| Jun 30 2024 | n/a | n/a | €49m |
| Mar 31 2024 | n/a | n/a | €52m |
| Dec 31 2023 | €1m | €482k | €62m |
| Sep 30 2023 | n/a | n/a | €84m |
| Jun 30 2023 | n/a | n/a | €92m |
| Mar 31 2023 | n/a | n/a | €87m |
| Dec 31 2022 | €903k | €462k | €98m |
| Sep 30 2022 | n/a | n/a | €89m |
| Jun 30 2022 | n/a | n/a | €100m |
| Mar 31 2022 | n/a | n/a | €115m |
| Dec 31 2021 | €735k | €188k | €109m |
Compensation vs Market: Tove's total compensation ($USD1.29M) is about average for companies of similar size in the Norwegian market ($USD1.00M).
Compensation vs Earnings: Tove's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Tove Andersen (54 yo)
3.5yrs
Tenure
€1,248,413
Compensation
Ms. Tove Andersen had been Independent Director of Equinor ASA since July 1, 2020 until May 14, 2024. She serves as President and Chief Executive Officer at Tomra Systems ASA since August 16, 2021. Ms. And...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 3.5yrs | €1.25m | 0.017% NOK 8.6m | |
| Chief Financial Officer | 2.9yrs | €443.64k | 0.0031% NOK 1.5m | |
| Executive Vice President of People & Organization | 1.8yrs | €708.04k | 0.0028% NOK 1.4m | |
| Executive VP & Head of Tomra Food | 21.1yrs | €794.80k | 0.033% NOK 16.5m | |
| Executive VP & Head of Recycling | 5.3yrs | €961.20k | 0.014% NOK 7.0m | |
| Executive VP & Head of Group Strategy | 2.9yrs | €402.32k | 0.0020% NOK 972.0k | |
| Executive VP & Head of Collection | 1.3yrs | €161.23k | 0.0030% NOK 1.5m | |
| VP & Head of Investor Relations | no data | no data | no data | |
| VP & Head of TOMRA Group Compliance | no data | no data | no data | |
| Global Sales & Marketing Director | 7.7yrs | no data | no data | |
| VP & Head of Collection Solutions Asia | 4.5yrs | no data | no data | |
| Senior Vice President of Marketing & Communications | no data | no data | no data |
3.5yrs
Average Tenure
53yo
Average Age
Experienced Management: TOM's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 1.1yrs | no data | 0.0014% NOK 704.2k | |
| Director | 11.8yrs | €55.17k | 0.0014% NOK 704.2k | |
| Chairperson | 2.8yrs | €99.57k | 0.0034% NOK 1.7m | |
| Independent Director | 5.8yrs | €54.73k | 0.0016% NOK 783.5k | |
| Independent Director | 11.1yrs | €57.44k | 0.0019% NOK 927.4k | |
| Employee Elected Director | 2.1yrs | €11.61k | no data | |
| Employee Elected Director | 2.1yrs | €11.61k | 0.00012% NOK 59.5k | |
| Employee Elected Director | 1.1yrs | no data | no data |
2.5yrs
Average Tenure
56yo
Average Age
Experienced Board: TOM's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 13:11 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Tomra Systems ASA is covered by 22 analysts. 7 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 |
|---|---|
| null null | ABG Sundal Collier |
| Kenneth Sivertsen | Arctic Securities ASA |
| Gaurav Jain | Barclays |