BlueNord Management
Management criteria checks 3/4
BlueNord's CEO is Euan Shirlaw, appointed in Nov 2021, has a tenure of 2.5 years. total yearly compensation is $1.22M, comprised of 43.6% salary and 56.4% bonuses, including company stock and options. directly owns 0.015% of the company’s shares, worth NOK2.27M. The average tenure of the management team and the board of directors is 2 years and 4.7 years respectively.
Key information
Euan Shirlaw
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 43.6% |
| CEO tenure | 2.5yrs |
| CEO ownership | 0.02% |
| Management average tenure | 2yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
These Analysts Just Made A Notable Downgrade To Their BlueNord ASA (OB:BNOR) EPS Forecasts
Feb 25
BlueNord (OB:BNOR) Use Of Debt Could Be Considered Risky
Feb 21BlueNord (OB:BNOR) Is Looking To Continue Growing Its Returns On Capital
Nov 25Here's Why BlueNord (OB:BNOR) Is Weighed Down By Its Debt Load
Oct 30Estimating The Fair Value Of BlueNord ASA (OB:BNOR)
Oct 05We Think BlueNord (OB:BNOR) Is Taking Some Risk With Its Debt
Jul 20BlueNord's (OB:BNOR) Returns On Capital Are Heading Higher
Jun 14BlueNord ASA (OB:BNOR) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
May 13Does Norwegian Energy (OB:NOR) Have A Healthy Balance Sheet?
Jan 19The Return Trends At Norwegian Energy (OB:NOR) Look Promising
Oct 16Is Norwegian Energy (OB:NOR) A Risky Investment?
Sep 03Returns On Capital Are Showing Encouraging Signs At Norwegian Energy (OB:NOR)
Jul 13The Return Trends At Norwegian Energy (OB:NOR) Look Promising
Apr 06Does Norwegian Energy (OB:NOR) Have A Healthy Balance Sheet?
Mar 02The Return Trends At Norwegian Energy (OB:NOR) Look Promising
Oct 28We Like These Underlying Trends At Norwegian Energy (OB:NOR)
Mar 09These 4 Measures Indicate That Norwegian Energy (OB:NOR) Is Using Debt Extensively
Feb 10
Are Norwegian Energy's (OB:NOR) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 19Should You Review Recent Insider Transactions At Norwegian Energy Company ASA (OB:NOR)?
Dec 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1m | US$533k | US$110m |
| Sep 30 2023 | n/a | n/a | US$130m |
| Jun 30 2023 | n/a | n/a | US$125m |
| Mar 31 2023 | n/a | n/a | US$56m |
| Dec 31 2022 | US$3m | US$470k | -US$9m |
| Sep 30 2022 | n/a | n/a | -US$134m |
| Jun 30 2022 | n/a | n/a | -US$119m |
| Mar 31 2022 | n/a | n/a | -US$89m |
| Dec 31 2021 | US$699k | US$376k | -US$53m |
| Sep 30 2021 | n/a | n/a | -US$9m |
| Jun 30 2021 | n/a | n/a | -US$15m |
| Mar 31 2021 | n/a | n/a | US$32m |
| Dec 31 2020 | US$574k | US$308k | US$17m |
| Sep 30 2020 | n/a | n/a | US$52m |
| Jun 30 2020 | n/a | n/a | US$226m |
| Mar 31 2020 | n/a | n/a | US$195m |
| Dec 31 2019 | US$515k | US$77k | US$215m |
Compensation vs Market: Euan's total compensation ($USD1.22M) is above average for companies of similar size in the Norwegian market ($USD859.72K).
Compensation vs Earnings: Euan's compensation has been consistent with company performance over the past year.
CEO
Euan Shirlaw
2.5yrs
Tenure
US$1,222,000
Compensation
Mr. Euan Shirlaw served as Chief Financial Officer of BlueNord ASA (formerly known as Norwegian Energy Company ASA) since October 1, 2019 and serves as its Chief Executive Officer since May 12, 2022 and ha...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 9.2yrs | US$500.00k | 0.77% $ 113.8m | |
| Chief Executive Officer | 2.5yrs | US$1.22m | 0.015% $ 2.3m | |
| Chief Financial Officer | no data | US$643.00k | 0.0021% $ 313.4k | |
| Chief Operating Officer | 2yrs | US$693.00k | 0.016% $ 2.4m | |
| Chief Corporate Affairs Officer | less than a year | US$565.00k | 0.016% $ 2.4m |
2.0yrs
Average Tenure
Experienced Management: BNOR's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 9.2yrs | US$500.00k | 0.77% $ 113.8m | |
| Director | 4.2yrs | US$65.00k | no data | |
| Director | 8yrs | US$75.00k | 0.027% $ 4.0m | |
| Director | 3yrs | US$65.00k | no data | |
| Director | 8yrs | US$65.00k | 0.019% $ 2.8m | |
| Director | 4.7yrs | US$65.00k | no data | |
| Director | 3yrs | no data | no data |
4.7yrs
Average Tenure
59.5yo
Average Age
Experienced Board: BNOR's board of directors are considered experienced (4.7 years average tenure).