Salmon Evolution Management
Management criteria checks 2/4
Salmon Evolution's CEO is Trond Schaug-Pettersen, appointed in Oct 2022, has a tenure of 1.58 years. total yearly compensation is NOK4.45M, comprised of 61.5% salary and 38.5% bonuses, including company stock and options. directly owns 0.097% of the company’s shares, worth NOK2.91M. The average tenure of the management team and the board of directors is 1.7 years and 3.2 years respectively.
Key information
Trond Schaug-Pettersen
Chief executive officer
kr4.5m
Total compensation
| CEO salary percentage | 61.5% |
| CEO tenure | 1.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.7yrs |
| Board average tenure | 3.2yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | kr4m | kr3m | -kr146m |
| Sep 30 2023 | n/a | n/a | -kr101m |
| Jun 30 2023 | n/a | n/a | -kr79m |
| Mar 31 2023 | n/a | n/a | -kr64m |
| Dec 31 2022 | kr4m | kr2m | -kr33m |
| Sep 30 2022 | n/a | n/a | -kr31m |
| Jun 30 2022 | n/a | n/a | -kr23m |
| Mar 31 2022 | n/a | n/a | -kr22m |
| Dec 31 2021 | kr4m | kr2m | -kr26m |
Compensation vs Market: Trond's total compensation ($USD401.27K) is about average for companies of similar size in the Norwegian market ($USD488.54K).
Compensation vs Earnings: Trond's compensation has increased whilst the company is unprofitable.
CEO
Trond Schaug-Pettersen (39 yo)
1.6yrs
Tenure
kr4,454,000
Compensation
Mr. Trond HaKon Schaug-Pettersen was Chief Financial Officer of Salmon Evolution ASA since January 1, 2021 and served as its Interim Chief Executive Officer since October 25, 2022 until January 2023 and si...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.6yrs | kr4.45m | 0.097% NOK 2.9m | |
| Chief Financial Officer | 1.1yrs | kr2.04m | no data | |
| Chief Operating Officer | 4.3yrs | kr2.57m | 0.43% NOK 13.1m | |
| Technical Director | 1.8yrs | kr1.25m | no data | |
| Chief Project Officer | no data | kr2.04m | 0.039% NOK 1.2m | |
| CCO & Head of Asia | 2.7yrs | kr2.33m | no data | |
| Director of Strategic Projects | 1.1yrs | kr1.30m | no data | |
| Vice President of Communications | no data | no data | no data |
1.7yrs
Average Tenure
Experienced Management: SALME's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 4.3yrs | kr250.00k | 0.041% NOK 1.2m | |
| Independent Director | less than a year | no data | no data | |
| Independent Chairman of the Board | 4.3yrs | kr500.00k | no data | |
| Independent Director | 4.3yrs | kr250.00k | no data | |
| Independent Director | 3.2yrs | kr250.00k | no data | |
| Independent Director | 3.2yrs | kr500.00k | 0.12% NOK 3.5m | |
| Independent Director | less than a year | no data | no data | |
| Director | 2yrs | kr250.00k | no data |
3.2yrs
Average Tenure
63yo
Average Age
Experienced Board: SALME's board of directors are considered experienced (3.2 years average tenure).