OKEA Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Svein Liknes

Chief executive officer

kr8.7m

Total compensation

CEO salary percentage64.7%
CEO tenure3yrs
CEO ownership0.2%
Management average tenure3yrs
Board average tenure1.4yrs

Recent management updates

Recent updates

Need To Know: Analysts Just Made A Substantial Cut To Their OKEA ASA (OB:OKEA) Estimates

Jan 23
Need To Know: Analysts Just Made A Substantial Cut To Their OKEA ASA (OB:OKEA) Estimates

Why Investors Shouldn't Be Surprised By OKEA ASA's (OB:OKEA) Low P/E

Jan 21
Why Investors Shouldn't Be Surprised By OKEA ASA's (OB:OKEA) Low P/E

Does OKEA (OB:OKEA) Have A Healthy Balance Sheet?

Dec 03
Does OKEA (OB:OKEA) Have A Healthy Balance Sheet?

Does OKEA (OB:OKEA) Deserve A Spot On Your Watchlist?

Oct 13
Does OKEA (OB:OKEA) Deserve A Spot On Your Watchlist?

Analysts Are Betting On OKEA ASA (OB:OKEA) With A Big Upgrade This Week

Sep 03
Analysts Are Betting On OKEA ASA (OB:OKEA) With A Big Upgrade This Week

OKEA (OB:OKEA) Will Pay A Dividend Of NOK1.00

Aug 10
OKEA (OB:OKEA) Will Pay A Dividend Of NOK1.00

Earnings Miss: OKEA ASA Missed EPS By 39% And Analysts Are Revising Their Forecasts

Jul 16
Earnings Miss: OKEA ASA Missed EPS By 39% And Analysts Are Revising Their Forecasts

New Forecasts: Here's What Analysts Think The Future Holds For OKEA ASA (OB:OKEA)

May 01
New Forecasts: Here's What Analysts Think The Future Holds For OKEA ASA (OB:OKEA)

Analysts Just Made A Captivating Upgrade To Their OKEA ASA (OB:OKEA) Forecasts

Mar 26
Analysts Just Made A Captivating Upgrade To Their OKEA ASA (OB:OKEA) Forecasts

Time To Worry? Analysts Are Downgrading Their OKEA ASA (OB:OKEA) Outlook

Feb 11
Time To Worry? Analysts Are Downgrading Their OKEA ASA (OB:OKEA) Outlook

OKEA ASA (OB:OKEA) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Aug 21
OKEA ASA (OB:OKEA) Surges 26% Yet Its Low P/E Is No Reason For Excitement

OKEA ASA's (OB:OKEA) Sole Analyst Just Made A Dazzling Upgrade To Their Forecasts

Mar 17
OKEA ASA's (OB:OKEA) Sole Analyst Just Made A Dazzling Upgrade To Their Forecasts

CEO Compensation Analysis

How has Svein Liknes's remuneration changed compared to OKEA's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-kr1b

Dec 31 2023kr9mkr6m

-kr935m

Sep 30 2023n/an/a

kr652m

Jun 30 2023n/an/a

kr724m

Mar 31 2023n/an/a

kr682m

Dec 31 2022kr9mkr5m

kr670m

Sep 30 2022n/an/a

kr629m

Jun 30 2022n/an/a

kr621m

Mar 31 2022n/an/a

kr794m

Dec 31 2021kr7mkr2m

kr603m

Compensation vs Market: Svein's total compensation ($USD814.48K) is above average for companies of similar size in the Norwegian market ($USD530.11K).

Compensation vs Earnings: Svein's compensation has been consistent with company performance over the past year.


CEO

Svein Liknes (52 yo)

3yrs

Tenure

kr8,674,000

Compensation

Mr. Svein Jacob Liknes has been Chief Executive Officer at OKEA ASA since June 01, 2021. Mr. Liknes was Senior Vice President, Operations and Asset Development until May 2019 and served as its Interim Head...


Leadership Team

NamePositionTenureCompensationOwnership
Svein Liknes
Chief Executive Officer3yrskr8.67m0.17%
NOK 4.2m
Birte Norheim
Chief Financial Officer4.3yrskr5.22m0.15%
NOK 3.6m
Tor Bjerkestrand
Senior Vice President of Operationsno datakr5.15m0.092%
NOK 2.3m
Knut Gjertsen
SVP of Project & Technology4.2yrskr5.50m0.16%
NOK 4.0m
Marit Vik-Langlie
Vice President of Legal4.4yrskr3.02m0.11%
NOK 2.7m
Ida Lundh
Senior Vice President of Subsurfaceless than a yearkr1.28mno data
Dag Eggan
Senior Vice President of Special Projectsno datakr4.48m0.19%
NOK 4.6m
Kjersti Hovdal
Senior Vice President of Business Performance2yrskr4.26m0.16%
NOK 3.9m
Espen Myhra
SVP of Business Development & Commercial4.7yrskr4.45m0.23%
NOK 5.7m
Borge Nerland
Senior Vice President of Drilling & Wells2.4yrskr4.43mno data
Anca Jalba
Vice President of IR & Communicationno datano datano data
Bente Nordeide
Vice President of People & Organization1.8yrsno datano data

3.0yrs

Average Tenure

51yo

Average Age

Experienced Management: OKEA's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Finn Haugan
Independent Non-executive Director5.2yrskr885.00k0.044%
NOK 1.1m
Rune Pedersen
Independent Non-executive Director5.2yrskr784.00k0.021%
NOK 525.8k
Chaiwat Kovavisarach
Non-executive Chairman of the Board5.2yrskr948.00k0.034%
NOK 834.8k
Nicola Gordon
Independent Non-executive Director5.2yrskr812.00k0.021%
NOK 525.8k
Michael Fischer
Non-Executive Vice Chair of the Board5.6yrskr860.00k0.021%
NOK 525.8k
Ragnhild Aas
Employee Representative Director1.4yrskr317.00k0.095%
NOK 2.3m
Gro Markussen
Deputy Board Memberno datakr11.00k0.015%
NOK 371.8k
Phatpuree Chinkulkitnivat
Director1.1yrskr542.00kno data
Jon Jacobsen
Independent Non-Executive Director1.1yrskr606.00kno data
Elizabeth Williamson
Independent Non-Executive Director1.1yrskr578.00kno data
Sverre Nes
Employee Representative Director1.4yrskr336.00kno data
Per Bjellvag
Employee Representative Director1.4yrskr317.00kno data

1.4yrs

Average Tenure

55yo

Average Age

Experienced Board: OKEA's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


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