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 percentage | 60.6% |
CEO tenure | less than a year |
CEO ownership | 1.2% |
Management average tenure | 1.3yrs |
Board average tenure | 1.6yrs |
Recent management updates
Recent updates
Take Care Before Jumping Onto Zaptec ASA (OB:ZAP) Even Though It's 26% Cheaper
Mar 05Zaptec ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Feb 24Many Still Looking Away From Zaptec ASA (OB:ZAP)
Dec 21One Analyst Thinks Zaptec ASA's (OB:ZAP) Revenues Are Under Threat
Nov 04Zaptec ASA (OB:ZAP) Could Be Riskier Than It Looks
Jul 07One Analyst's Revenue Estimates For Zaptec AS (OB:ZAP) Are Surging Higher
Apr 28Zaptec (OB:ZAP) Might Be Having Difficulty Using Its Capital Effectively
Aug 20Zaptec's (OB:ZAP) Returns On Capital Not Reflecting Well On The Business
Mar 06Bullish: This Analyst Just Lifted Their Zaptec AS (OB:ZAP) Outlook For This Year
Jan 29Zaptec's (OB:ZAP) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 29Director Christian Rangen Just Bought 3.3% More Shares In Zaptec AS (OB:ZAP)
Feb 27This Analyst Just Wrote A Brand New Outlook For Zaptec AS' (OB:ZAP) Business
Feb 18Can Zaptec AS (OB:ZAP) Maintain Its Strong Returns?
Jan 08CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | kr4m | kr3m | kr22m |
Sep 30 2023 | n/a | n/a | kr6m |
Jun 30 2023 | n/a | n/a | -kr16m |
Mar 31 2023 | n/a | n/a | -kr31m |
Dec 31 2022 | kr5m | kr2m | -kr53m |
Sep 30 2022 | n/a | n/a | kr30m |
Jun 30 2022 | n/a | n/a | kr32m |
Mar 31 2022 | n/a | n/a | kr45m |
Dec 31 2021 | kr2m | kr2m | 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | less than a year | kr4.36m | 1.16% NOK 12.8m | |
Deputy CEO & CFO | less than a year | kr2.41m | no data | |
Chief Technology Officer | 6.3yrs | kr3.55m | no data | |
Chief Marketing Officer | 4.8yrs | kr2.56m | no data | |
Chief People & Culture Officer | 1.3yrs | kr1.42m | no data | |
Finance Director & Investor Relations | 2yrs | kr2.26m | no data | |
Interim Chief Commercial Officer | less than a year | no data | no 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman | 3.7yrs | kr500.00k | 0.057% NOK 635.0k | |
Director | 10.4yrs | kr150.00k | 0.21% NOK 2.4m | |
Deputy Chair | 1.6yrs | kr350.00k | no data | |
Director | 1.6yrs | no data | no data | |
Director | 1.6yrs | kr250.00k | no 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.