OKEA Management
Management criteria checks 2/4
OKEA's CEO is Svein Liknes, appointed in Jun 2021, has a tenure of 3.25 years. total yearly compensation is NOK8.67M, comprised of 64.7% salary and 35.3% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth NOK3.50M. The average tenure of the management team and the board of directors is 3.3 years and 1.7 years respectively.
Key information
Svein Liknes
Chief executive officer
NOK 8.7m
Total compensation
CEO salary percentage | 64.7% |
CEO tenure | 3.3yrs |
CEO ownership | 0.2% |
Management average tenure | 3.3yrs |
Board average tenure | 1.7yrs |
Recent management updates
Recent updates
Earnings Miss: OKEA ASA Missed EPS By 43% And Analysts Are Revising Their Forecasts
Jul 21OKEA ASA (OB:OKEA) Shares Could Be 42% Below Their Intrinsic Value Estimate
Jul 12Need To Know: Analysts Just Made A Substantial Cut To Their OKEA ASA (OB:OKEA) Estimates
Jan 23Why Investors Shouldn't Be Surprised By OKEA ASA's (OB:OKEA) Low P/E
Jan 21Does OKEA (OB:OKEA) Have A Healthy Balance Sheet?
Dec 03Does OKEA (OB:OKEA) Deserve A Spot On Your Watchlist?
Oct 13Analysts Are Betting On OKEA ASA (OB:OKEA) With A Big Upgrade This Week
Sep 03OKEA (OB:OKEA) Will Pay A Dividend Of NOK1.00
Aug 10Earnings Miss: OKEA ASA Missed EPS By 39% And Analysts Are Revising Their Forecasts
Jul 16New Forecasts: Here's What Analysts Think The Future Holds For OKEA ASA (OB:OKEA)
May 01Analysts Just Made A Captivating Upgrade To Their OKEA ASA (OB:OKEA) Forecasts
Mar 26Time To Worry? Analysts Are Downgrading Their OKEA ASA (OB:OKEA) Outlook
Feb 11OKEA ASA (OB:OKEA) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Aug 21CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | n/a | n/a | -NOK 1b |
Mar 31 2024 | n/a | n/a | -NOK 1b |
Dec 31 2023 | NOK 9m | NOK 6m | -NOK 935m |
Sep 30 2023 | n/a | n/a | NOK 652m |
Jun 30 2023 | n/a | n/a | NOK 724m |
Mar 31 2023 | n/a | n/a | NOK 682m |
Dec 31 2022 | NOK 9m | NOK 5m | NOK 670m |
Sep 30 2022 | n/a | n/a | NOK 629m |
Jun 30 2022 | n/a | n/a | NOK 621m |
Mar 31 2022 | n/a | n/a | NOK 794m |
Dec 31 2021 | NOK 7m | NOK 2m | NOK 603m |
Compensation vs Market: Svein's total compensation ($USD827.05K) is above average for companies of similar size in the Norwegian market ($USD465.97K).
Compensation vs Earnings: Svein's compensation has been consistent with company performance over the past year.
CEO
Svein Liknes (52 yo)
3.3yrs
Tenure
NOK 8,674,000
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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | 3.3yrs | NOK 8.67m | 0.17% NOK 3.5m | |
Chief Financial Officer | 4.5yrs | NOK 5.22m | 0.15% NOK 3.0m | |
Senior Vice President of Operations | no data | NOK 5.15m | 0.092% NOK 1.9m | |
SVP of Project & Technology | 4.4yrs | NOK 5.50m | 0.16% NOK 3.4m | |
Vice President of Legal | 4.7yrs | NOK 3.02m | 0.11% NOK 2.3m | |
Senior Vice President of Subsurface | less than a year | NOK 1.28m | no data | |
Senior Vice President of Special Projects | no data | NOK 4.48m | 0.19% NOK 3.8m | |
Senior Vice President of Business Performance | 2.3yrs | NOK 4.26m | 0.16% NOK 3.3m | |
Senior Vice President of Strategy | 4.9yrs | NOK 4.45m | 0.23% NOK 4.8m | |
Senior Vice President of Drilling & Wells | 2.7yrs | NOK 4.43m | no data | |
Vice President of IR & Communication | no data | no data | no data | |
Vice President of People & Organization | 2yrs | no data | no data |
3.3yrs
Average Tenure
51yo
Average Age
Experienced Management: OKEA's management team is considered experienced (3.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Non-executive Director | 5.4yrs | NOK 885.00k | 0.048% NOK 975.8k | |
Independent Non-executive Director | 5.4yrs | NOK 784.00k | 0.025% NOK 511.2k | |
Non-executive Chairman of the Board | 5.4yrs | NOK 948.00k | 0.039% NOK 805.3k | |
Independent Non-executive Director | 5.4yrs | NOK 812.00k | 0.025% NOK 511.2k | |
Non-Executive Vice Chair of the Board | 5.8yrs | NOK 860.00k | 0.025% NOK 511.2k | |
Employee Representative Director | 1.7yrs | NOK 317.00k | 0.097% NOK 2.0m | |
Deputy Board Member | no data | NOK 11.00k | 0.015% NOK 311.0k | |
Director | 1.3yrs | NOK 542.00k | no data | |
Independent Non-Executive Director | 1.3yrs | NOK 606.00k | no data | |
Independent Non-Executive Director | 1.3yrs | NOK 578.00k | no data | |
Employee Representative Director | 1.7yrs | NOK 336.00k | no data | |
Employee Representative Director | 1.7yrs | NOK 317.00k | no data |
1.7yrs
Average Tenure
55yo
Average Age
Experienced Board: OKEA's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.