Grieg Seafood Management
Management criteria checks 3/4
Grieg Seafood's CEO is Andreas Kvame, appointed in Jun 2015, has a tenure of 9.42 years. total yearly compensation is NOK4.46M, comprised of 89.8% salary and 10.2% bonuses, including company stock and options. directly owns 0.04% of the company’s shares, worth NOK2.90M. The average tenure of the management team and the board of directors is 5.8 years and 0.4 years respectively.
Key information
Andreas Kvame
Chief executive officer
NOK 4.5m
Total compensation
| CEO salary percentage | 89.8% |
| CEO tenure | 9.4yrs |
| CEO ownership | 0.04% |
| Management average tenure | 5.8yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
Investors Continue Waiting On Sidelines For Grieg Seafood ASA (OB:GSF)
Oct 29
Grieg Seafood (OB:GSF) Has A Somewhat Strained Balance Sheet
Aug 14Calculating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)
Apr 26Results: Grieg Seafood ASA Confounded Analyst Expectations With A Surprise Profit
Feb 25Take Care Before Diving Into The Deep End On Grieg Seafood ASA (OB:GSF)
Jan 09Is Grieg Seafood ASA (OB:GSF) Trading At A 24% Discount?
Dec 20Some Investors May Be Worried About Grieg Seafood's (OB:GSF) Returns On Capital
Oct 05These 4 Measures Indicate That Grieg Seafood (OB:GSF) Is Using Debt Extensively
Sep 06Some Investors May Be Worried About Grieg Seafood's (OB:GSF) Returns On Capital
Jun 22Is Grieg Seafood (OB:GSF) A Risky Investment?
May 10Grieg Seafood (OB:GSF) Is Paying Out A Larger Dividend Than Last Year
Apr 03Grieg Seafood (OB:GSF) Might Be Having Difficulty Using Its Capital Effectively
Feb 08Grieg Seafood ASA's (OB:GSF) Intrinsic Value Is Potentially 24% Below Its Share Price
Jan 26Here's Why We Think Grieg Seafood (OB:GSF) Might Deserve Your Attention Today
Jan 09We Think Grieg Seafood (OB:GSF) Can Manage Its Debt With Ease
Sep 20Grieg Seafood (OB:GSF) Will Want To Turn Around Its Return Trends
Aug 03Grieg Seafood (OB:GSF) Could Easily Take On More Debt
Jun 21Estimating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)
May 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -NOK 336m |
| Mar 31 2024 | n/a | n/a | -NOK 198m |
| Dec 31 2023 | NOK 4m | NOK 4m | NOK 560m |
| Sep 30 2023 | n/a | n/a | NOK 75m |
| Jun 30 2023 | n/a | n/a | -NOK 353m |
| Mar 31 2023 | n/a | n/a | NOK 889m |
| Dec 31 2022 | NOK 12m | NOK 4m | NOK 1b |
| Sep 30 2022 | n/a | n/a | NOK 1b |
| Jun 30 2022 | n/a | n/a | NOK 2b |
| Mar 31 2022 | n/a | n/a | NOK 1b |
| Dec 31 2021 | NOK 4m | NOK 3m | NOK 604m |
| Sep 30 2021 | n/a | n/a | NOK 345m |
| Jun 30 2021 | n/a | n/a | NOK 143m |
| Mar 31 2021 | n/a | n/a | NOK 36m |
| Dec 31 2020 | n/a | n/a | -NOK 342m |
| Sep 30 2020 | n/a | n/a | NOK 128m |
| Jun 30 2020 | n/a | n/a | -NOK 91m |
| Mar 31 2020 | n/a | n/a | NOK 53m |
| Dec 31 2019 | NOK 7m | NOK 3m | NOK 574m |
| Sep 30 2019 | n/a | n/a | NOK 473m |
| Jun 30 2019 | n/a | n/a | NOK 967m |
| Mar 31 2019 | n/a | n/a | NOK 998m |
| Dec 31 2018 | NOK 6m | NOK 3m | NOK 973m |
| Sep 30 2018 | n/a | n/a | NOK 820m |
| Jun 30 2018 | n/a | n/a | NOK 782m |
| Mar 31 2018 | n/a | n/a | NOK 860m |
| Dec 31 2017 | NOK 7m | NOK 2m | NOK 571m |
Compensation vs Market: Andreas's total compensation ($USD402.73K) is about average for companies of similar size in the Norwegian market ($USD563.00K).
Compensation vs Earnings: Andreas's compensation has been consistent with company performance over the past year.
CEO
Andreas Kvame (62 yo)
9.4yrs
Tenure
NOK 4,457,000
Compensation
Mr. Andreas Kvame has been Chief Executive Officer at Grieg Seafood ASA since June 1, 2015. Mr. Kvame served as Managing Director for Scanbio AS and knows the salmon farming industry very well after 17 yea...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 9.4yrs | NOK 4.46m | 0.040% NOK 2.9m | |
| Chief Financial Officer | 14.9yrs | NOK 3.02m | 0.025% NOK 1.8m | |
| Chief Technology Officer | 4.5yrs | NOK 2.41m | 0.023% NOK 1.7m | |
| Chief Communications Officer | 5.8yrs | NOK 1.46m | 0.0046% NOK 337.3k | |
| Chief Human Resources Officer | 8.5yrs | NOK 1.99m | 0.014% NOK 1.0m | |
| Chief Operating Officer of Farming Norway | 4.5yrs | NOK 2.60m | 0.022% NOK 1.6m | |
| Chief Operating Officer of Farming Canada | 1.8yrs | NOK 2.60m | 0.0088% NOK 643.1k | |
| Chief Strategy Officer | 1.8yrs | NOK 568.00k | no data | |
| Chief Sustainability Officer | no data | no data | no data | |
| Chief Digital Officer | 13.8yrs | no data | no data |
5.8yrs
Average Tenure
53yo
Average Age
Experienced Management: GSF's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 15.5yrs | NOK 542.00k | 0.013% NOK 979.0k | |
| Director | less than a year | no data | no data | |
| Director | 3yrs | NOK 314.00k | 2.2% NOK 160.7m | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
0.4yrs
Average Tenure
Experienced Board: GSF's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.