Zaptec Management

Management criteria checks 2/4

Zaptec's CEO is Kurt Ostrem, appointed in Oct 2023, has a tenure of 1.08 years. 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 NOK9.73M. The average tenure of the management team and the board of directors is 2.2 years and 2.1 years respectively.

Key information

Kurt Ostrem

Chief executive officer

NOK 4.4m

Total compensation

CEO salary percentage60.6%
CEO tenure1.1yrs
CEO ownership1.2%
Management average tenure2.2yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

Brokers Are Upgrading Their Views On Zaptec ASA (OB:ZAP) With These New Forecasts

Nov 24
Brokers Are Upgrading Their Views On Zaptec ASA (OB:ZAP) With These New Forecasts

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

Nov 16
Zaptec ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Zaptec (OB:ZAP) Is Reinvesting At Lower Rates Of Return

Nov 13
Zaptec (OB:ZAP) Is Reinvesting At Lower Rates Of Return

Zaptec ASA's (OB:ZAP) Shares Leap 30% Yet They're Still Not Telling The Full Story

Sep 01
Zaptec ASA's (OB:ZAP) Shares Leap 30% Yet They're Still Not Telling The Full Story

Zaptec's (OB:ZAP) Shareholders Should Assess Earnings With Caution

Aug 30
Zaptec's (OB:ZAP) Shareholders Should Assess Earnings With Caution

One Zaptec ASA (OB:ZAP) Analyst Is Reducing Their Forecasts For This Year

May 12
One Zaptec ASA (OB:ZAP) Analyst Is Reducing Their Forecasts For This Year

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
Sep 30 2024n/an/a

-NOK 16m

Jun 30 2024n/an/a

NOK 28m

Mar 31 2024n/an/a

NOK 18m

Dec 31 2023NOK 4mNOK 3m

NOK 22m

Sep 30 2023n/an/a

-NOK 32m

Jun 30 2023n/an/a

-NOK 43m

Mar 31 2023n/an/a

-NOK 52m

Dec 31 2022NOK 5mNOK 2m

-NOK 53m

Sep 30 2022n/an/a

NOK 30m

Jun 30 2022n/an/a

NOK 32m

Mar 31 2022n/an/a

NOK 45m

Dec 31 2021NOK 2mNOK 2m

NOK 46m

Compensation vs Market: Kurt's total compensation ($USD392.14K) is above average for companies of similar size in the Norwegian market ($USD300.00K).

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


CEO

Kurt Ostrem

1.1yrs

Tenure

NOK 4,356,000

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 Officer1.1yrsNOK 4.36m1.16%
NOK 9.7m
Eirik Haerem
Deputy CEO & CFOless than a yearNOK 2.41mno data
Knut Braut
Chief Technology Officer6.8yrsNOK 3.55m0.24%
NOK 2.0m
Kristian Sæther
Finance Director & Investor Relations2.5yrsNOK 2.43mno data
Lasse Hult
Chief Marketing Officer5.3yrsNOK 2.56m0.057%
NOK 481.7k
Trude Schulberg
Chief People & Culture Officer1.8yrsNOK 1.42mno data

2.2yrs

Average Tenure

Experienced Management: ZAP's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stig Christiansen
Deputy Chair4.2yrsNOK 500.00k0.057%
NOK 481.7k
Ingelin Drøpping
Chairperson2.1yrsNOK 350.00kno data
Jennifer Dungs
Board Member2.1yrsNOK 250.00kno data
Gunnar Hviding
Board memberless than a yearno datano data
Karoline Nystrøm
Board memberless than a yearno datano data

2.1yrs

Average Tenure

Experienced Board: ZAP's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.