DOF Group Management
Management criteria checks 3/4
DOF Group's CEO is Mons Aase, appointed in Jan 2005, has a tenure of 19.33 years. total yearly compensation is NOK10.93M, comprised of 97.8% salary and 2.2% bonuses, including company stock and options. directly owns 0.39% of the company’s shares, worth NOK56.15M. The average tenure of the management team and the board of directors is 19.3 years and 1.5 years respectively.
Key information
Mons Aase
Chief executive officer
kr10.9m
Total compensation
| CEO salary percentage | 97.8% |
| CEO tenure | 19.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 19.3yrs |
| Board average tenure | 1.5yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | kr11m | kr11m | kr4b |
| Sep 30 2023 | n/a | n/a | kr3b |
| Jun 30 2023 | n/a | n/a | kr2b |
| Mar 31 2023 | n/a | n/a | kr56m |
| Dec 31 2022 | kr9m | kr9m | kr865m |
| Sep 30 2022 | n/a | n/a | -kr1b |
| Jun 30 2022 | n/a | n/a | -kr855m |
| Mar 31 2022 | n/a | n/a | kr984m |
| Dec 31 2021 | kr5m | kr5m | -kr627m |
| Sep 30 2021 | n/a | n/a | -kr79m |
| Jun 30 2021 | n/a | n/a | -kr367m |
| Mar 31 2021 | n/a | n/a | -kr2b |
| Dec 31 2020 | kr7m | kr6m | -kr5b |
| Sep 30 2020 | n/a | n/a | -kr6b |
| Jun 30 2020 | n/a | n/a | -kr7b |
| Mar 31 2020 | n/a | n/a | -kr6b |
| Dec 31 2019 | kr8m | kr7m | -kr2b |
| Sep 30 2019 | n/a | n/a | -kr3b |
| Jun 30 2019 | n/a | n/a | -kr1b |
| Mar 31 2019 | n/a | n/a | -kr1b |
| Dec 31 2018 | kr8m | kr8m | -kr1b |
| Sep 30 2018 | n/a | n/a | -kr1b |
| Jun 30 2018 | n/a | n/a | -kr1b |
| Mar 31 2018 | n/a | n/a | -kr1b |
| Dec 31 2017 | kr4m | kr4m | -kr1b |
Compensation vs Market: Mons's total compensation ($USD1.00M) is about average for companies of similar size in the Norwegian market ($USD884.29K).
Compensation vs Earnings: Mons's compensation has been consistent with company performance over the past year.
CEO
Mons Aase (57 yo)
19.3yrs
Tenure
kr10,930,000
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 | 19.3yrs | kr10.93m | 0.39% NOK 56.2m | |
| Chief Financial Officer | 19.3yrs | kr5.52m | 0.12% NOK 17.8m | |
| Executive Vice President of Assets & Operations | no data | kr2.89m | no data | |
| Group Legal Counsel & General Counsel | no data | kr3.86m | no data | |
| Executive Vice President of People & Organisation | no data | kr2.38m | no data | |
| Executive Vice President of Sustainability | no data | kr2.40m | no data | |
| Executive Vice President of Renewables | no data | kr2.94m | no data | |
| Executive Vice President of Conventional & Subsea Services | no data | kr1.64m | no data | |
| Senior VP of Finance & Head of Investor Relations | 1.3yrs | no data | no data | |
| Executive Vice President of Asia Pacific | no data | no data | no data | |
| Executive Vice President of North America | no data | no data | no data | |
| Executive Vice President of Brasil | no data | no data | no data |
19.3yrs
Average Tenure
57yo
Average Age
Experienced Management: DOFG's management team is seasoned and experienced (19.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 1.5yrs | kr792.44k | 0.051% NOK 7.4m | |
| Independent Chairman of the Board | 1.5yrs | kr1.18m | 0.39% NOK 56.2m | |
| Independent Director | 1.3yrs | kr792.44k | 0.13% NOK 18.7m | |
| Independent Director | 1.5yrs | kr792.44k | no data | |
| Independent Director | 1.5yrs | kr792.44k | 0.0085% NOK 1.2m |
1.5yrs
Average Tenure
53yo
Average Age
Experienced Board: DOFG's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.