Aker BP Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Karl Hersvik
Chief executive officer
US$1.5m
Total compensation
| CEO salary percentage | 61.46% |
| CEO tenure | 11yrs |
| CEO ownership | 0.0003% |
| Management average tenure | 2.7yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
Aker BP ASA Just Missed EPS By 33%: Here's What Analysts Think Will Happen Next
May 12
We Think The Compensation For Aker BP ASA's (OB:AKRBP) CEO Looks About Right
May 07Here's What Analysts Are Forecasting For Aker BP ASA (OB:AKRBP) After Its Full-Year Results
Apr 12
Yggdrasil Will Sustain Production But Profit Margins May Shrink Amid Emission Costs
Advances in digitalization and low-emission technologies aim to optimize operations, reduce costs, and improve net margins, enhancing long-term profitability.Aker BP ASA's (OB:AKRBP) Share Price Is Matching Sentiment Around Its Earnings
Mar 07Aker BP ASA (OB:AKRBP) Annual Results: Here's What Analysts Are Forecasting For This Year
Feb 14Aker BP (OB:AKRBP) Has A Somewhat Strained Balance Sheet
Feb 09Are Investors Undervaluing Aker BP ASA (OB:AKRBP) By 20%?
Jan 04Aker BP ASA Just Missed Earnings - But Analysts Have Updated Their Models
Nov 02Here's Why Aker BP (OB:AKRBP) Has A Meaningful Debt Burden
Oct 29Insufficient Growth At Aker BP ASA (OB:AKRBP) Hampers Share Price
Oct 08Aker BP ASA Just Beat EPS By 19%: Here's What Analysts Think Will Happen Next
Jul 15These 4 Measures Indicate That Aker BP (OB:AKRBP) Is Using Debt Extensively
Jul 14Pinning Down Aker BP ASA's (OB:AKRBP) P/E Is Difficult Right Now
Jun 22Here's Why We Think Aker BP (OB:AKRBP) Might Deserve Your Attention Today
Jun 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$2b |
| Dec 31 2024 | US$1m | US$920k | US$2b |
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$1m | US$899k | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$4m | US$967k | US$2b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$2m | US$929k | US$828m |
| Sep 30 2021 | n/a | n/a | US$616m |
| Jun 30 2021 | n/a | n/a | US$491m |
| Mar 31 2021 | n/a | n/a | US$506m |
| Dec 31 2020 | US$2m | US$830k | US$45m |
| Sep 30 2020 | n/a | n/a | US$27m |
| Jun 30 2020 | n/a | n/a | -US$97m |
| Mar 31 2020 | n/a | n/a | -US$204m |
| Dec 31 2019 | US$1m | US$826k | US$141m |
| Sep 30 2019 | n/a | n/a | US$92m |
| Jun 30 2019 | n/a | n/a | US$252m |
| Mar 31 2019 | n/a | n/a | US$318m |
| Dec 31 2018 | US$2m | US$783k | US$476m |
Compensation vs Market: Karl's total compensation ($USD1.50M) is about average for companies of similar size in the Norwegian market ($USD1.48M).
Compensation vs Earnings: Karl's compensation has been consistent with company performance over the past year.
CEO
Karl Hersvik (52 yo)
Mr. Karl Johnny Hersvik serves as Chairman of the Board at Aker Clean Hydrogen AS. He has been the Chief Executive Officer of Aker BP ASA since May 1, 2014. Mr. Hersvik served as a Senior Vice President at...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 11yrs | US$1.50m | 0.00034% NOK 509.5k | |
| Chief Financial Officer | 6.3yrs | US$714.00k | 0.0086% NOK 12.8m | |
| Chief Operating Officer | 2.6yrs | US$684.00k | 0.00088% NOK 1.3m | |
| Chief Information Officer | 1.3yrs | US$500.00k | 0.00080% NOK 1.2m | |
| Senior Vice President of People and Safety | 2.6yrs | US$511.00k | 0.0014% NOK 2.1m | |
| Senior Vice President of Drilling & Wells | 9.3yrs | US$591.00k | 0.00023% NOK 344.6k | |
| Senior Vice President of Valhall | 2.6yrs | US$569.00k | 0.0035% NOK 5.2m | |
| Senior Vice President of Projects | 5.8yrs | US$582.00k | 0.0012% NOK 1.8m | |
| Senior Vice President of Alvheim | 2.6yrs | US$505.00k | 0.0014% NOK 2.2m | |
| Senior Vice President- NOAKA | 4.7yrs | US$598.00k | 0.0020% NOK 3.0m | |
| Chief Digital Officer | 2.8yrs | US$629.00k | 0.00022% NOK 329.6k | |
| Senior Vice President of Edvard Grieg and Ivar Aasen | 2.6yrs | US$992.00k | no data |
Experienced Management: AKRBP's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Shareholder-elected Member | 2.9yrs | US$41.00k | 0.13% NOK 202.2m | |
| Director | 12.1yrs | US$28.00k | 0.00019% NOK 284.7k | |
| Chairman of the Board | 9.2yrs | US$92.00k | no data | |
| Independent Director | 9.2yrs | US$62.00k | no data | |
| Independent Deputy Chair of the Board | 12.1yrs | US$62.00k | 0.0019% NOK 2.9m | |
| Shareholder-elected Member | 3.1yrs | US$42.00k | no data | |
| Director | 8.7yrs | no data | no data | |
| Employee Representative Director | 6.8yrs | US$20.00k | 0.00026% NOK 389.6k | |
| Employee Representative Director | 3.8yrs | US$20.00k | 0.0011% NOK 1.6m | |
| Employee Representative Director | 1.6yrs | US$44.00k | 0.00013% NOK 194.8k | |
| Employee Representative Director | 2.3yrs | US$23.00k | no data | |
| Employee Representative Director | 2.3yrs | US$20.00k | 0.00026% NOK 389.6k |
Experienced Board: AKRBP's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/21 00:02 |
| End of Day Share Price | 2025/05/21 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Aker BP ASA is covered by 42 analysts. 16 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 |
| Robert Jan Vos | ABN AMRO Bank N.V. |
| Christian Yggeseth | Arctic Securities ASA |