Vår Energi Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Nick Walker

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage25.4%
CEO tenureless than a year
CEO ownership0.02%
Management average tenure1.3yrs
Board average tenureno data

Recent management updates

Recent updates

Estimating The Intrinsic Value Of Vår Energi AS (OB:VAR)

May 22
Estimating The Intrinsic Value Of Vår Energi AS (OB:VAR)

These 4 Measures Indicate That Vår Energi (OB:VAR) Is Using Debt Extensively

Apr 15
These 4 Measures Indicate That Vår Energi (OB:VAR) Is Using Debt Extensively

Vår Energi's (OB:VAR) Soft Earnings Don't Show The Whole Picture

Mar 25
Vår Energi's (OB:VAR) Soft Earnings Don't Show The Whole Picture

The Price Is Right For Vår Energi AS (OB:VAR)

Mar 06
The Price Is Right For Vår Energi AS (OB:VAR)

Is There An Opportunity With Vår Energi AS' (OB:VAR) 21% Undervaluation?

Dec 23
Is There An Opportunity With Vår Energi AS' (OB:VAR) 21% Undervaluation?

Vår Energi AS (OB:VAR) Shares Could Be 48% Below Their Intrinsic Value Estimate

Aug 21
Vår Energi AS (OB:VAR) Shares Could Be 48% Below Their Intrinsic Value Estimate

Investors Shouldn't Overlook Vår Energi's (OB:VAR) Impressive Returns On Capital

Jun 19
Investors Shouldn't Overlook Vår Energi's (OB:VAR) Impressive Returns On Capital

Investors Aren't Buying Vår Energi AS' (OB:VAR) Earnings

May 06
Investors Aren't Buying Vår Energi AS' (OB:VAR) Earnings

Why We Like The Returns At Vår Energi (OB:VAR)

Feb 17
Why We Like The Returns At Vår Energi (OB:VAR)

Is Vår Energi AS (OB:VAR) Worth kr34.4 Based On Its Intrinsic Value?

Jan 03
Is Vår Energi AS (OB:VAR) Worth kr34.4 Based On Its Intrinsic Value?

The Strong Earnings Posted By Vår Energi (OB:VAR) Are A Good Indication Of The Strength Of The Business

Aug 03
The Strong Earnings Posted By Vår Energi (OB:VAR) Are A Good Indication Of The Strength Of The Business

Earnings Miss: Vår Energi AS Missed EPS By 88% And Analysts Are Revising Their Forecasts

Jul 29
Earnings Miss: Vår Energi AS Missed EPS By 88% And Analysts Are Revising Their Forecasts

Vår Energi AS' (OB:VAR) Intrinsic Value Is Potentially 84% Above Its Share Price

Jul 09
Vår Energi AS' (OB:VAR) Intrinsic Value Is Potentially 84% Above Its Share Price

CEO Compensation Analysis

How has Nick Walker's remuneration changed compared to Vår Energi's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

US$499m

Dec 31 2023US$1mUS$293k

US$602m

Compensation vs Market: Nick's total compensation ($USD1.16M) is about average for companies of similar size in the Norwegian market ($USD1.02M).

Compensation vs Earnings: Insufficient data to compare Nick's compensation with company performance.


CEO

Nick Walker (62 yo)

less than a year

Tenure

US$1,155,000

Compensation

Mr. Nicholas John Robert Walker, also known as Nick, serves as CEO at Vår Energi AS since September 05, 2023. He was Chief Executive Officer of Cairn Oil & Gas of Vedanta Limited from January 5, 2023 until...


Leadership Team

NamePositionTenureCompensationOwnership
Nicholas John Walker
Chief Executive Officerless than a yearUS$1.16m0.019%
$ 17.1m
Stefano Pujatti
Chief Financial Officerno dataUS$732.00k0.00063%
$ 559.1k
Torger Rod
Chief Operating Officerless than a yearUS$1.79m0.0077%
$ 6.9m
Tone Rognstad
Executive Vice President People & Communicationno dataUS$450.00k0.000060%
$ 53.2k
Ellen Hoddell
Executive Vice President Safety & Sustainability1.7yrsUS$374.00k0%
$ 0
Ida Fjellheim
Vice President of Investor Relationsno datano datano data
Sverre Bjelland
Executive Vice President of Legal & Complianceno datano datano data
Ove Helle
Senior Vice President of Internal Audit1.7yrsUS$400.00kno data
Alessandro Barberis
Vice President of Explorationno dataUS$380.87kno data
Odd Vårdal
Development and Technology Managerno datano datano data
Orjan Jentoft
Vice President of Partner Operated Assetsno dataUS$399.93kno data
Annethe Gjerde
Vice President of Contracts & Procurementno dataUS$311.40kno data

1.3yrs

Average Tenure

52yo

Average Age

Experienced Management: VAR's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


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