Zaptec Management

Management criteria checks 2/4

Zaptec's CEO is Kurt Ostrem, appointed in Oct 2023, has a tenure of less than a year. total yearly compensation is NOK4.36M, comprised of 60.6% salary and 39.4% bonuses, including company stock and options. directly owns 1.16% of the company’s shares, worth NOK12.83M. The average tenure of the management team and the board of directors is 1.3 years and 1.6 years respectively.

Key information

Kurt Ostrem

Chief executive officer

kr4.4m

Total compensation

CEO salary percentage60.6%
CEO tenureless than a year
CEO ownership1.2%
Management average tenure1.3yrs
Board average tenure1.6yrs

Recent management updates

Recent updates

Take Care Before Jumping Onto Zaptec ASA (OB:ZAP) Even Though It's 26% Cheaper

Mar 05
Take Care Before Jumping Onto Zaptec ASA (OB:ZAP) Even Though It's 26% Cheaper

Zaptec ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Feb 24
Zaptec ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Many Still Looking Away From Zaptec ASA (OB:ZAP)

Dec 21
Many Still Looking Away From Zaptec ASA (OB:ZAP)

One Analyst Thinks Zaptec ASA's (OB:ZAP) Revenues Are Under Threat

Nov 04
One Analyst Thinks Zaptec ASA's (OB:ZAP) Revenues Are Under Threat

Zaptec ASA (OB:ZAP) Could Be Riskier Than It Looks

Jul 07
Zaptec ASA (OB:ZAP) Could Be Riskier Than It Looks

One Analyst's Revenue Estimates For Zaptec AS (OB:ZAP) Are Surging Higher

Apr 28
One Analyst's Revenue Estimates For Zaptec AS (OB:ZAP) Are Surging Higher

Zaptec (OB:ZAP) Might Be Having Difficulty Using Its Capital Effectively

Aug 20
Zaptec (OB:ZAP) Might Be Having Difficulty Using Its Capital Effectively

Zaptec's (OB:ZAP) Returns On Capital Not Reflecting Well On The Business

Mar 06
Zaptec's (OB:ZAP) Returns On Capital Not Reflecting Well On The Business

Bullish: This Analyst Just Lifted Their Zaptec AS (OB:ZAP) Outlook For This Year

Jan 29
Bullish: This Analyst Just Lifted Their Zaptec AS (OB:ZAP) Outlook For This Year

Zaptec's (OB:ZAP) Shareholders Have More To Worry About Than Only Soft Earnings

Apr 29
Zaptec's (OB:ZAP) Shareholders Have More To Worry About Than Only Soft Earnings

Director Christian Rangen Just Bought 3.3% More Shares In Zaptec AS (OB:ZAP)

Feb 27
Director Christian Rangen Just Bought 3.3% More Shares In Zaptec AS (OB:ZAP)

This Analyst Just Wrote A Brand New Outlook For Zaptec AS' (OB:ZAP) Business

Feb 18
This Analyst Just Wrote A Brand New Outlook For Zaptec AS' (OB:ZAP) Business

Can Zaptec AS (OB:ZAP) Maintain Its Strong Returns?

Jan 08
Can Zaptec AS (OB:ZAP) Maintain Its Strong Returns?

CEO Compensation Analysis

How has Kurt Ostrem's remuneration changed compared to Zaptec's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023kr4mkr3m

kr22m

Sep 30 2023n/an/a

kr6m

Jun 30 2023n/an/a

-kr16m

Mar 31 2023n/an/a

-kr31m

Dec 31 2022kr5mkr2m

-kr53m

Sep 30 2022n/an/a

kr30m

Jun 30 2022n/an/a

kr32m

Mar 31 2022n/an/a

kr45m

Dec 31 2021kr2mkr2m

kr46m

Compensation vs Market: Kurt's total compensation ($USD400.78K) is about average for companies of similar size in the Norwegian market ($USD319.33K).

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


CEO

Kurt Ostrem

less than a year

Tenure

kr4,356,000

Compensation

Mr. Kurt Ostrem is Chief Executive Officer of Zaptec ASA from March 2024. He Served as Acting Chief Executive Officer at Zaptec ASA from October 02, 2023 until March 2024 and had been its Chief Financial O...


Leadership Team

NamePositionTenureCompensationOwnership
Kurt Ostrem
Chief Executive Officerless than a yearkr4.36m1.16%
NOK 12.8m
Eirik Haerem
Deputy CEO & CFOless than a yearkr2.41mno data
Knut Braut
Chief Technology Officer6.3yrskr3.55mno data
Lasse Hult
Chief Marketing Officer4.8yrskr2.56mno data
Trude Schulberg
Chief People & Culture Officer1.3yrskr1.42mno data
Kristian Sæther
Finance Director & Investor Relations2yrskr2.26mno data
Joris Laponder
Interim Chief Commercial Officerless than a yearno datano data

1.3yrs

Average Tenure

Experienced Management: ZAP's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Stig Christiansen
Chairman3.7yrskr500.00k0.057%
NOK 635.0k
Christian Rangen
Director10.4yrskr150.00k0.21%
NOK 2.4m
Ingelin Drøpping
Deputy Chair1.6yrskr350.00kno data
Jennifer Dungs
Director1.6yrsno datano data
An De Pauw
Director1.6yrskr250.00kno data

1.6yrs

Average Tenure

Experienced Board: ZAP's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


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