SalMar Management
Management criteria checks 3/4
SalMar's CEO is Frode Arntsen, appointed in Oct 2022, has a tenure of 1.5 years. total yearly compensation is NOK4.32M, comprised of 62.8% salary and 37.2% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth NOK4.54M. The average tenure of the management team and the board of directors is 4 years and 1.8 years respectively.
Key information
Frode Arntsen
Chief executive officer
kr4.3m
Total compensation
| CEO salary percentage | 62.8% |
| CEO tenure | 1.5yrs |
| CEO ownership | 0.005% |
| Management average tenure | 4yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
Is SalMar (OB:SALM) Using Too Much Debt?
Mar 20
SalMar's (OB:SALM) Soft Earnings Don't Show The Whole Picture
Feb 22Why Investors Shouldn't Be Surprised By SalMar ASA's (OB:SALM) P/S
Jan 23Here's Why SalMar (OB:SALM) Can Manage Its Debt Responsibly
Dec 06Is There An Opportunity With SalMar ASA's (OB:SALM) 42% Undervaluation?
Sep 22SalMar (OB:SALM) Seems To Use Debt Quite Sensibly
Aug 26With EPS Growth And More, SalMar (OB:SALM) Makes An Interesting Case
Aug 01SalMar (OB:SALM) Has Announced A Dividend Of NOK20.00
May 17SalMar ASA (OB:SALM) Shares Could Be 32% Below Their Intrinsic Value Estimate
May 08These 4 Measures Indicate That SalMar (OB:SALM) Is Using Debt Reasonably Well
Apr 23SalMar (OB:SALM) Is Paying Out A Dividend Of NOK20.00
Apr 05Is SalMar (OB:SALM) Using Too Much Debt?
Dec 22Is SalMar ASA (OB:SALM) Trading At A 27% Discount?
Nov 17SalMar (OB:SALM) Seems To Use Debt Quite Sensibly
Sep 15Calculating The Fair Value Of SalMar ASA (OB:SALM)
Aug 18SalMar (OB:SALM) Is Due To Pay A Dividend Of kr20.00
May 04SalMar (OB:SALM) Has Re-Affirmed Its Dividend Of kr20.00
Apr 20SalMar (OB:SALM) Has Affirmed Its Dividend Of kr20.00
Apr 06SalMar (OB:SALM) Will Pay A Dividend Of kr20.00
Mar 23SalMar's (OB:SALM) Dividend Will Be kr20.00
Mar 07SalMar (OB:SALM) Has Affirmed Its Dividend Of kr20.00
Feb 21SalMar ASA's (OB:SALM) Intrinsic Value Is Potentially 90% Above Its Share Price
Dec 26These 4 Measures Indicate That SalMar (OB:SALM) Is Using Debt Extensively
Dec 07Is There An Opportunity With SalMar ASA's (OB:SALM) 49% Undervaluation?
Sep 19Is SalMar (OB:SALM) A Risky Investment?
Sep 02SalMar's (OB:SALM) Returns On Capital Not Reflecting Well On The Business
Jun 15An Intrinsic Calculation For SalMar ASA (OB:SALM) Suggests It's 44% Undervalued
May 25Is SalMar (OB:SALM) A Risky Investment?
Mar 22Will SalMar (OB:SALM) Multiply In Value Going Forward?
Mar 08CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | kr3b |
| Sep 30 2023 | n/a | n/a | kr959m |
| Jun 30 2023 | n/a | n/a | kr909m |
| Mar 31 2023 | n/a | n/a | kr4b |
| Dec 31 2022 | kr4m | kr3m | kr3b |
| Sep 30 2022 | n/a | n/a | kr4b |
| Jun 30 2022 | n/a | n/a | kr4b |
| Mar 31 2022 | n/a | n/a | kr3b |
| Dec 31 2021 | kr4m | kr2m | kr3b |
| Sep 30 2021 | n/a | n/a | kr2b |
| Jun 30 2021 | n/a | n/a | kr2b |
| Mar 31 2021 | n/a | n/a | kr2b |
| Dec 31 2020 | kr4m | kr2m | kr2b |
| Sep 30 2020 | n/a | n/a | kr3b |
| Jun 30 2020 | n/a | n/a | kr2b |
| Mar 31 2020 | n/a | n/a | kr2b |
| Dec 31 2019 | kr4m | kr2m | kr2b |
| Sep 30 2019 | n/a | n/a | kr3b |
| Jun 30 2019 | n/a | n/a | kr4b |
| Mar 31 2019 | n/a | n/a | kr4b |
| Dec 31 2018 | kr3m | kr2m | kr4b |
| Sep 30 2018 | n/a | n/a | kr3b |
| Jun 30 2018 | n/a | n/a | kr3b |
| Mar 31 2018 | n/a | n/a | kr3b |
| Dec 31 2017 | kr2m | kr154k | kr2b |
Compensation vs Market: Frode's total compensation ($USD390.58K) is below average for companies of similar size in the Norwegian market ($USD1.44M).
Compensation vs Earnings: Frode's compensation has been consistent with company performance over the past year.
CEO
Frode Arntsen (53 yo)
1.5yrs
Tenure
kr4,318,000
Compensation
Mr. Frode Arntsen serves as Chief Executive Officer at SalMar ASA since October 2022. He currently had been COO of Industry and Sales at SalMar ASA since December 1, 2017 until October 2022. He served as D...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 2.3yrs | kr1.39m | no data | |
| Chief Executive Officer | 1.5yrs | kr4.32m | 0.0053% NOK 4.5m | |
| Chief Financial Officer | 2.5yrs | kr3.51m | 0.11% NOK 91.2m | |
| Chief Operating Officer of Sales & Industry | 1.5yrs | kr8.97m | 0.0010% NOK 868.3k | |
| Director of Human Resource Management | 6.3yrs | kr10.49m | 0.0021% NOK 1.8m | |
| Chief Strategy Officer | 4yrs | kr9.05m | 0.0035% NOK 3.0m | |
| Chief Operating Officer of Farming | 5.8yrs | kr4.04m | 0.011% NOK 9.4m | |
| Head of Accounting | no data | no data | no data | |
| Head of Investor Relations | 4.1yrs | no data | no data |
4.0yrs
Average Tenure
49yo
Average Age
Experienced Management: SALM's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 2.3yrs | kr1.39m | no data | |
| Independent Director | 1.8yrs | kr188.00k | 0.00076% NOK 653.4k | |
| Independent Director | 6.8yrs | kr405.00k | no data | |
| Director | 3.8yrs | kr395.00k | 1.02% NOK 872.8m | |
| Independent Director | 1.8yrs | kr145.00k | 0.0015% NOK 1.3m | |
| Employee Representative Director | less than a year | no data | no data | |
| Employee Representative Director | less than a year | no data | no data |
1.8yrs
Average Tenure
63yo
Average Age
Experienced Board: SALM's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.