Hafnia Management
Management criteria checks 2/4
Hafnia's CEO is Mikael Opstun Skov, appointed in Jan 2019, has a tenure of 5.83 years. total yearly compensation is $2.60M, comprised of 33.3% salary and 66.7% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth NOK130.75M. The average tenure of the management team and the board of directors is 5.8 years and 5.8 years respectively.
Key information
Mikael Opstun Skov
Chief executive officer
US$2.6m
Total compensation
| CEO salary percentage | 33.3% |
| CEO tenure | 5.8yrs |
| CEO ownership | 0.4% |
| Management average tenure | 5.8yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Hafnia Limited's (OB:HAFNI) Earnings Are Not Doing Enough For Some Investors
Oct 28
Investors Should Be Encouraged By Hafnia's (OB:HAFNI) Returns On Capital
Oct 07We Think Shareholders Will Probably Be Generous With Hafnia Limited's (OB:HAFNI) CEO Compensation
Jul 04Hafnia Limited's (OB:HAFNI) Share Price Is Matching Sentiment Around Its Earnings
Jun 21Why The 24% Return On Capital At Hafnia (OB:HAFNI) Should Have Your Attention
May 31Concerns Surrounding Hafnia's (OB:HAFNI) Performance
Mar 13Is Hafnia (OB:HAFNI) Using Too Much Debt?
Feb 23Insufficient Growth At Hafnia Limited (OB:HAFNI) Hampers Share Price
Feb 05Here's Why We Think Hafnia (OB:HAFNI) Might Deserve Your Attention Today
Jan 18Returns On Capital Are A Standout For Hafnia (OB:HAFNI)
Dec 31These 4 Measures Indicate That Hafnia (OB:HAFNI) Is Using Debt Safely
Nov 06Investors Should Be Encouraged By Hafnia's (OB:HAFNI) Returns On Capital
Sep 28Is Hafnia Limited (OB:HAFNI) Trading At A 31% Discount?
Aug 23Hafnia (OB:HAFNI) Has A Rock Solid Balance Sheet
Aug 05Hafnia (OB:HAFNI) Is Very Good At Capital Allocation
Jun 12Some Hafnia Limited (OB:HAFNI) Analysts Just Made A Major Cut To Next Year's Estimates
May 20Hafnia Limited (OB:HAFNI) Shares Could Be 50% Below Their Intrinsic Value Estimate
May 16New Forecasts: Here's What Analysts Think The Future Holds For Hafnia Limited (OB:HAFNI)
Apr 25Hafnia (OB:HAFNI) Has A Pretty Healthy Balance Sheet
Apr 14Investors Will Want Hafnia's (OB:HAFNI) Growth In ROCE To Persist
Feb 25Is Hafnia (OB:HAFNI) A Risky Investment?
Dec 30Some Analysts Just Cut Their Hafnia Limited (OB:HAFNI) Estimates
Dec 09Hafnia Limited (OB:HAFNI) Shares Could Be 23% Below Their Intrinsic Value Estimate
Nov 22Hafnia's (OB:HAFNI) Returns On Capital Are Heading Higher
Oct 31Hafnia (OB:HAFNI) Has A Somewhat Strained Balance Sheet
Sep 02Analysts Just Made A Massive Upgrade To Their Hafnia Limited (OB:HAFNI) Forecasts
Aug 11Upgrade: Analysts Just Made A Notable Increase To Their Hafnia Limited (OB:HAFNI) Forecasts
May 26Is Hafnia Limited (OB:HAFNI) Trading At A 50% Discount?
May 18Some Investors May Be Worried About Hafnia's (OB:HAFNI) Returns On Capital
Apr 20Here's What's Concerning About Hafnia's (OB:HAFNI) Returns On Capital
Nov 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$802m |
| Mar 31 2024 | n/a | n/a | US$756m |
| Dec 31 2023 | US$3m | US$867k | US$793m |
| Sep 30 2023 | n/a | n/a | US$881m |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$987m |
| Dec 31 2022 | US$1m | US$867k | US$752m |
| Sep 30 2022 | n/a | n/a | US$480m |
| Jun 30 2022 | n/a | n/a | US$179m |
| Mar 31 2022 | n/a | n/a | -US$19m |
| Dec 31 2021 | US$3m | US$850k | -US$55m |
Compensation vs Market: Mikael's total compensation ($USD2.60M) is above average for companies of similar size in the Norwegian market ($USD1.01M).
Compensation vs Earnings: Mikael's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Mikael Opstun Skov (61 yo)
5.8yrs
Tenure
US$2,601,000
Compensation
Mr. Mikael Opstun Skov serves as Chief Executive Officer of Hafnia Limited. He had been Chief Executive Officer of Hafnia Tankers Ltd since 2019. He serves as the Chief Executive Officer of Tankers Inc. A/...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 5.8yrs | US$2.60m | 0.43% NOK 130.7m | |
| Chief Financial Officer | 7yrs | no data | 0.11% NOK 32.3m | |
| Vice President of Operations & Claims | no data | no data | no data | |
| Executive VP of IR | no data | no data | no data | |
| EVP and Head of Commercial & Operations | 5.8yrs | no data | no data | |
| Vice President of Commercial | no data | no data | no data |
5.8yrs
Average Tenure
Experienced Management: HAFNI's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 10.5yrs | no data | no data | |
| Independent Director | 5.8yrs | no data | no data | |
| Independent Director | 5.8yrs | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 5.8yrs | no data | no data |
5.8yrs
Average Tenure
65yo
Average Age
Experienced Board: HAFNI's board of directors are considered experienced (5.8 years average tenure).