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DOF Group Management
Management criteria checks 1/4
DOF Group's CEO is Mons Aase, appointed in Jan 2005, he has a tenure of 18.58 years. His total yearly compensation is NOK9.18M , comprised of 98.6% salary and 1.4% bonuses, including company stock and options. He directly owns 0.22% of the company’s shares, worth NOK231.49K. The average tenure of the management team and the board of directors is 18.6 years and 0.8 years respectively.
Key information
Mons Aase
Chief executive officer
NOK 9.2m
Total compensation
| CEO salary percentage | 98.6% |
| CEO tenure | 18.6yrs |
| CEO ownership | 0.2% |
| Management average tenure | 18.6yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | NOK 56m |
| Dec 31 2022 | NOK 9m | NOK 9m | NOK 865m |
| Sep 30 2022 | n/a | n/a | -NOK 1b |
| Jun 30 2022 | n/a | n/a | -NOK 883m |
| Mar 31 2022 | n/a | n/a | NOK 984m |
| Dec 31 2021 | NOK 5m | NOK 5m | -NOK 627m |
| Sep 30 2021 | n/a | n/a | -NOK 79m |
| Jun 30 2021 | n/a | n/a | -NOK 367m |
| Mar 31 2021 | n/a | n/a | -NOK 2b |
| Dec 31 2020 | NOK 7m | NOK 6m | -NOK 5b |
| Sep 30 2020 | n/a | n/a | -NOK 6b |
| Jun 30 2020 | n/a | n/a | -NOK 7b |
| Mar 31 2020 | n/a | n/a | -NOK 6b |
| Dec 31 2019 | NOK 8m | NOK 7m | -NOK 2b |
| Sep 30 2019 | n/a | n/a | -NOK 3b |
| Jun 30 2019 | n/a | n/a | -NOK 1b |
| Mar 31 2019 | n/a | n/a | -NOK 1b |
| Dec 31 2018 | NOK 8m | NOK 8m | -NOK 1b |
| Sep 30 2018 | n/a | n/a | -NOK 1b |
| Jun 30 2018 | n/a | n/a | -NOK 1b |
| Mar 31 2018 | n/a | n/a | -NOK 1b |
| Dec 31 2017 | NOK 4m | NOK 4m | -NOK 1b |
| Sep 30 2017 | n/a | n/a | -NOK 1b |
| Jun 30 2017 | n/a | n/a | -NOK 515m |
| Mar 31 2017 | n/a | n/a | -NOK 306m |
| Dec 31 2016 | NOK 5m | NOK 4m | NOK 60m |
Compensation vs Market: Mons's total compensation ($USD877.38K) is above average for companies of similar size in the Norwegian market ($USD322.27K).
Compensation vs Earnings: Mons's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Mons Aase (57 yo)
18.6yrs
Tenure
NOK 9,175,000
Compensation
Mr. Mons Svendal Aase serves as Chief Executive Officer at DOF Group ASA since 2005. He serves as Chief Executive Officer of DOF ASA since 2005 and served as Director. He has been the Chief Executive Offic...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 18.6yrs | NOK 9.18m | 0.22% NOK 231.5k | |
| Chief Financial Officer | 18.6yrs | NOK 3.32m | 0.069% NOK 73.5k | |
| Executive Vice President of Assets & Operations | no data | no data | no data | |
| Group Legal Counsel & General Counsel | no data | no data | no data | |
| Executive Vice President of People & Organisation | no data | no data | no data | |
| Executive Vice President of Sustainability | no data | no data | 0% NOK 0 | |
| Executive Vice President of Asia Pacific | no data | no data | no data | |
| Executive Vice President of Renewables | no data | no data | no data | |
| Executive Vice President of North America | no data | no data | no data | |
| Executive Vice President of Conventional & Subsea Services | no data | no data | no data | |
| Executive Vice President of Brasil | no data | no data | no data | |
| Executive Vice President of Atlantic | no data | no data | no data |
18.6yrs
Average Tenure
57yo
Average Age
Experienced Management: DOF's management team is seasoned and experienced (18.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | less than a year | no data | 0.028% NOK 30.4k | |
| Chairman of the Board | less than a year | no data | 0.22% NOK 231.5k | |
| Director | less than a year | no data | 0.072% NOK 77.2k | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | 0.0047% NOK 5.1k |
0.8yrs
Average Tenure
53yo
Average Age
Experienced Board: DOF's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.