Grieg Seafood Management
Management criteria checks 4/4
Grieg Seafood's CEO is Andreas Kvame, appointed in Jun 2015, has a tenure of 8.92 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 NOK3.12M. The average tenure of the management team and the board of directors is 5.3 years and 4 years respectively.
Key information
Andreas Kvame
Chief executive officer
kr4.5m
Total compensation
| CEO salary percentage | 89.8% |
| CEO tenure | 8.9yrs |
| CEO ownership | 0.04% |
| Management average tenure | 5.3yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Calculating The Intrinsic Value Of Grieg Seafood ASA (OB:GSF)
Apr 26
Results: 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 22Grieg Seafood (OB:GSF) Has A Pretty Healthy Balance Sheet
Mar 16Shareholders Will Be Pleased With The Quality of Grieg Seafood's (OB:GSF) Earnings
Feb 22Here's What's Concerning About Grieg Seafood's (OB:GSF) Returns On Capital
Feb 16Grieg Seafood (OB:GSF) Has A Somewhat Strained Balance Sheet
Dec 01A Look At The Fair Value Of Grieg Seafood ASA (OB:GSF)
Nov 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | kr4m | kr4m | kr560m |
| Sep 30 2023 | n/a | n/a | kr75m |
| Jun 30 2023 | n/a | n/a | -kr353m |
| Mar 31 2023 | n/a | n/a | kr889m |
| Dec 31 2022 | kr12m | kr4m | kr1b |
| Sep 30 2022 | n/a | n/a | kr1b |
| Jun 30 2022 | n/a | n/a | kr2b |
| Mar 31 2022 | n/a | n/a | kr1b |
| Dec 31 2021 | kr4m | kr3m | kr604m |
| Sep 30 2021 | n/a | n/a | kr345m |
| Jun 30 2021 | n/a | n/a | kr143m |
| Mar 31 2021 | n/a | n/a | kr36m |
| Dec 31 2020 | n/a | n/a | -kr342m |
| Sep 30 2020 | n/a | n/a | kr128m |
| Jun 30 2020 | n/a | n/a | -kr91m |
| Mar 31 2020 | n/a | n/a | kr53m |
| Dec 31 2019 | kr7m | kr3m | kr574m |
| Sep 30 2019 | n/a | n/a | kr473m |
| Jun 30 2019 | n/a | n/a | kr967m |
| Mar 31 2019 | n/a | n/a | kr998m |
| Dec 31 2018 | kr6m | kr3m | kr973m |
| Sep 30 2018 | n/a | n/a | kr820m |
| Jun 30 2018 | n/a | n/a | kr782m |
| Mar 31 2018 | n/a | n/a | kr860m |
| Dec 31 2017 | kr7m | kr2m | kr571m |
Compensation vs Market: Andreas's total compensation ($USD407.94K) is below average for companies of similar size in the Norwegian market ($USD775.22K).
Compensation vs Earnings: Andreas's compensation has been consistent with company performance over the past year.
CEO
Andreas Kvame (61 yo)
8.9yrs
Tenure
kr4,457,000
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 | 8.9yrs | kr4.46m | 0.040% NOK 3.1m | |
| Chief Financial Officer | 14.4yrs | kr3.02m | 0.025% NOK 2.0m | |
| Chief Technology Officer | 4yrs | kr2.41m | 0.022% NOK 1.7m | |
| Chief Communications Officer | 5.3yrs | kr1.46m | 0.0042% NOK 331.3k | |
| Chief Human Resources Officer | 8yrs | kr1.99m | 0.013% NOK 1.1m | |
| Chief Operating Officer of Farming Norway | 4yrs | kr2.60m | 0.021% NOK 1.7m | |
| Chief Operating Officer of Farming Canada | 1.3yrs | kr2.60m | 0.0088% NOK 693.4k | |
| Chief Strategy Officer | 1.3yrs | kr568.00k | no data | |
| Chief Sustainability Officer | no data | no data | no data | |
| Chief Digital Officer | 13.3yrs | no data | no data |
5.3yrs
Average Tenure
52yo
Average Age
Experienced Management: GSF's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 15yrs | kr542.00k | 0.013% NOK 1.1m | |
| Independent Director | 4yrs | kr372.00k | no data | |
| Director | 1.9yrs | kr314.00k | no data | |
| Independent Vice Chairman | 5.9yrs | kr422.00k | 0.0018% NOK 140.4k | |
| Independent Director | 4yrs | kr342.00k | no data | |
| Director | 2.5yrs | kr314.00k | no data |
4.0yrs
Average Tenure
59.5yo
Average Age
Experienced Board: GSF's board of directors are considered experienced (4 years average tenure).