Tomra Systems Management

Management criteria checks 3/4

Tomra Systems' CEO is Tove Andersen, appointed in Aug 2021, has a tenure of 3.75 years. total yearly compensation is €1.20M, comprised of 40.2% salary and 59.8% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth NOK7.80M. The average tenure of the management team and the board of directors is 3.8 years and 2.7 years respectively.

Key information

Tove Andersen

Chief executive officer

€1.2m

Total compensation

CEO salary percentage40.18%
CEO tenure3.8yrs
CEO ownership0.02%
Management average tenure3.8yrs
Board average tenure2.7yrs

Recent management updates

Here's Why Tomra Systems ASA's (OB:TOM) CEO May Not Expect A Pay Rise This Year

Apr 30
Here's Why Tomra Systems ASA's (OB:TOM) CEO May Not Expect A Pay Rise This Year

Recent updates

Is Tomra Systems (OB:TOM) Using Too Much Debt?

May 26
Is Tomra Systems (OB:TOM) Using Too Much Debt?

Here's Why Tomra Systems ASA's (OB:TOM) CEO May Not Expect A Pay Rise This Year

Apr 30
Here's Why Tomra Systems ASA's (OB:TOM) CEO May Not Expect A Pay Rise This Year

Is Now An Opportune Moment To Examine Tomra Systems ASA (OB:TOM)?

Apr 07
Is Now An Opportune Moment To Examine Tomra Systems ASA (OB:TOM)?

Earnings Update: Here's Why Analysts Just Lifted Their Tomra Systems ASA (OB:TOM) Price Target To kr171

Feb 19
Earnings Update: Here's Why Analysts Just Lifted Their Tomra Systems ASA (OB:TOM) Price Target To kr171

Getting In Cheap On Tomra Systems ASA (OB:TOM) Might Be Difficult

Feb 08
Getting In Cheap On Tomra Systems ASA (OB:TOM) Might Be Difficult

We Think Tomra Systems (OB:TOM) Is Taking Some Risk With Its Debt

Jan 19
We Think Tomra Systems (OB:TOM) Is Taking Some Risk With Its Debt
author-image

Deposit Return Schemes And Autosort PULSE Innovations Poised To Propel Growth And Boost Profitability

Restructuring in the Food division and strong backlog orders are set to enhance profitability, drive growth, and increase future revenue.

Is There Now An Opportunity In Tomra Systems ASA (OB:TOM)?

Dec 13
Is There Now An Opportunity In Tomra Systems ASA (OB:TOM)?

Tomra Systems' (OB:TOM) Soft Earnings Don't Show The Whole Picture

Oct 29
Tomra Systems' (OB:TOM) Soft Earnings Don't Show The Whole Picture

Is Tomra Systems (OB:TOM) A Risky Investment?

Oct 17
Is Tomra Systems (OB:TOM) A Risky Investment?

Tomra Systems (OB:TOM) Will Be Hoping To Turn Its Returns On Capital Around

Oct 03
Tomra Systems (OB:TOM) Will Be Hoping To Turn Its Returns On Capital Around

A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)

Sep 20
A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)

Is It Too Late To Consider Buying Tomra Systems ASA (OB:TOM)?

Aug 09
Is It Too Late To Consider Buying Tomra Systems ASA (OB:TOM)?

Tomra Systems ASA's (OB:TOM) 35% Price Boost Is Out Of Tune With Revenues

Jul 27
Tomra Systems ASA's (OB:TOM) 35% Price Boost Is Out Of Tune With Revenues

We Think Tomra Systems (OB:TOM) Is Taking Some Risk With Its Debt

Jul 11
We Think Tomra Systems (OB:TOM) Is Taking Some Risk With Its Debt

Tomra Systems (OB:TOM) Is Reinvesting At Lower Rates Of Return

Jun 10
Tomra Systems (OB:TOM) Is Reinvesting At Lower Rates Of Return

A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)

May 28
A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)

Earnings Update: Here's Why Analysts Just Lifted Their Tomra Systems ASA (OB:TOM) Price Target To kr117

May 01
Earnings Update: Here's Why Analysts Just Lifted Their Tomra Systems ASA (OB:TOM) Price Target To kr117

When Should You Buy Tomra Systems ASA (OB:TOM)?

Apr 19
When Should You Buy Tomra Systems ASA (OB:TOM)?

Tomra Systems ASA (OB:TOM) Looks Just Right With A 28% Price Jump

Mar 03
Tomra Systems ASA (OB:TOM) Looks Just Right With A 28% Price Jump

Tomra Systems ASA Just Missed EPS By 6.8%: Here's What Analysts Think Will Happen Next

Feb 18
Tomra Systems ASA Just Missed EPS By 6.8%: Here's What Analysts Think Will Happen Next

Tomra Systems ASA (OB:TOM) Shares Could Be 31% Above Their Intrinsic Value Estimate

Feb 17
Tomra Systems ASA (OB:TOM) Shares Could Be 31% Above Their Intrinsic Value Estimate

Tomra Systems (OB:TOM) Seems To Use Debt Quite Sensibly

Feb 03
Tomra Systems (OB:TOM) Seems To Use Debt Quite Sensibly

Investor Optimism Abounds Tomra Systems ASA (OB:TOM) But Growth Is Lacking

Jan 04
Investor Optimism Abounds Tomra Systems ASA (OB:TOM) But Growth Is Lacking

Returns On Capital At Tomra Systems (OB:TOM) Have Stalled

Dec 18
Returns On Capital At Tomra Systems (OB:TOM) Have Stalled

Is Now The Time To Look At Buying Tomra Systems ASA (OB:TOM)?

Dec 03
Is Now The Time To Look At Buying Tomra Systems ASA (OB:TOM)?

Returns On Capital At Tomra Systems (OB:TOM) Have Hit The Brakes

Sep 12
Returns On Capital At Tomra Systems (OB:TOM) Have Hit The Brakes

Calculating The Intrinsic Value Of Tomra Systems ASA (OB:TOM)

Aug 25
Calculating The Intrinsic Value Of Tomra Systems ASA (OB:TOM)

These 4 Measures Indicate That Tomra Systems (OB:TOM) Is Using Debt Reasonably Well

Jul 05
These 4 Measures Indicate That Tomra Systems (OB:TOM) Is Using Debt Reasonably Well

Return Trends At Tomra Systems (OB:TOM) Aren't Appealing

May 29
Return Trends At Tomra Systems (OB:TOM) Aren't Appealing

Does This Valuation Of Tomra Systems ASA (OB:TOM) Imply Investors Are Overpaying?

Apr 07
Does This Valuation Of Tomra Systems ASA (OB:TOM) Imply Investors Are Overpaying?

These 4 Measures Indicate That Tomra Systems (OB:TOM) Is Using Debt Reasonably Well

Mar 09
These 4 Measures Indicate That Tomra Systems (OB:TOM) Is Using Debt Reasonably Well

Here's What To Make Of Tomra Systems' (OB:TOM) Decelerating Rates Of Return

Feb 20
Here's What To Make Of Tomra Systems' (OB:TOM) Decelerating Rates Of Return

A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)

Dec 21
A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)

Tomra Systems (OB:TOM) Seems To Use Debt Quite Sensibly

Dec 06
Tomra Systems (OB:TOM) Seems To Use Debt Quite Sensibly

Return Trends At Tomra Systems (OB:TOM) Aren't Appealing

Nov 21
Return Trends At Tomra Systems (OB:TOM) Aren't Appealing

CEO Compensation Analysis

How has Tove Andersen's remuneration changed compared to Tomra Systems's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

€101m

Dec 31 2024€1m€481k

€94m

Sep 30 2024n/an/a

€54m

Jun 30 2024n/an/a

€50m

Mar 31 2024n/an/a

€54m

Dec 31 2023€1m€482k

€60m

Sep 30 2023n/an/a

€84m

Jun 30 2023n/an/a

€92m

Mar 31 2023n/an/a

€87m

Dec 31 2022€903k€462k

€98m

Sep 30 2022n/an/a

€89m

Jun 30 2022n/an/a

€100m

Mar 31 2022n/an/a

€115m

Dec 31 2021€735k€188k

€109m

Compensation vs Market: Tove's total compensation ($USD1.35M) is about average for companies of similar size in the Norwegian market ($USD1.11M).

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


CEO

Tove Andersen (54 yo)

3.8yrs
Tenure
€1,196,931
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

NamePositionTenureCompensationOwnership
Tove Andersen
President & CEO3.8yrs€1.20m0.017%
NOK 7.8m
Eva Sagemo
Chief Financial Officer3.2yrs€572.89k0.0031%
NOK 1.4m
Stefan Schrahe
Executive Vice President of People & Organization2.1yrs€722.24k0.0028%
NOK 1.3m
Harald Henriksen
Executive VP & Head of Tomra Food21.3yrs€1.03m0.033%
NOK 14.9m
Volker Rehrmann
Executive VP & Head of Recycling5.6yrs€887.50k0.014%
NOK 6.4m
Lars Enge
Executive VP & Head of Group Strategy3.2yrs€447.07k0.0020%
NOK 881.2k
Marius Fraurud
Executive VP & Head of Collection1.6yrs€579.09k0.0030%
NOK 1.4m
Daniel Sundahl
VP & Head of Investor Relationsno datano datano data
Arnstein Fjeld
VP & Head of TOMRA Group Complianceno datano datano data
Fabrizio Radice
Global Sales & Marketing Director7.9yrsno datano data
Bing Zhao
VP & Head of Collection Solutions Asia4.8yrsno datano data
Mithu Mohren
Senior Vice President of Marketing & Communicationsno datano datano data
3.8yrs
Average Tenure
53yo
Average Age

Experienced Management: TOM's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Erik Osmundsen
Director1.1yrs€32.26k0.0014%
NOK 638.4k
Bodil Gallon
Director12.1yrs€57.06k0.0014%
NOK 638.4k
Johan Hjertonsson
Chairperson3.1yrs€104.53k0.0034%
NOK 1.5m
Hege Skryseth
Independent Director6yrs€54.77k0.0016%
NOK 710.3k
Pierre Couderc
Independent Director11.3yrs€59.65k0.0019%
NOK 840.7k
Kjell Korneliussen
Employee Elected Director2.3yrs€23.19kno data
Pauline Bergan
Employee Elected Director2.3yrs€23.19k0.00012%
NOK 53.9k
Edward Palm
Employee Elected Director1.3yrs€4.05kno data
2.7yrs
Average Tenure
56yo
Average Age

Experienced Board: TOM's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/28 02:24
End of Day Share Price 2025/05/28 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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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 Github.

Analyst Sources

Tomra Systems ASA is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Kenneth SivertsenArctic Securities ASA
Gaurav JainBarclays