Desert Control Management
Management criteria checks 1/4
Desert Control's CEO is Ole Sivertsen, appointed in Aug 2019, has a tenure of 4.75 years. total yearly compensation is NOK4.93M, comprised of 46.5% salary and 53.5% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth NOK913.18K. The average tenure of the management team and the board of directors is 1 years and 1.9 years respectively.
Key information
Ole Sivertsen
Chief executive officer
kr4.9m
Total compensation
| CEO salary percentage | 46.5% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | less than a year |
| Board average tenure | 1.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | kr5m | kr2m | -kr59m |
| Sep 30 2023 | n/a | n/a | -kr100m |
| Jun 30 2023 | n/a | n/a | -kr87m |
| Mar 31 2023 | n/a | n/a | -kr86m |
| Dec 31 2022 | kr10m | kr2m | -kr59m |
| Sep 30 2022 | n/a | n/a | -kr42m |
| Jun 30 2022 | n/a | n/a | -kr60m |
| Mar 31 2022 | n/a | n/a | -kr46m |
| Dec 31 2021 | kr3m | kr2m | -kr32m |
| Sep 30 2021 | n/a | n/a | -kr26m |
| Jun 30 2021 | n/a | n/a | -kr21m |
| Mar 31 2021 | n/a | n/a | -kr19m |
| Dec 31 2020 | kr2m | kr1m | -kr11m |
Compensation vs Market: Ole's total compensation ($USD462.43K) is above average for companies of similar size in the Norwegian market ($USD329.80K).
Compensation vs Earnings: Ole's compensation has been consistent with company performance over the past year.
CEO
Ole Sivertsen
4.8yrs
Tenure
kr4,932,000
Compensation
Mr. Ole Kristian Sivertsen served as Chief Executive Officer at Desert Control AS since August 2019 and was its Director and served as its President. He serves as its Group Chief Executive Officer at Deser...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 4.8yrs | kr4.93m | 0.22% NOK 913.2k | |
| Managing Director of Middle East | less than a year | kr2.22m | no data | |
| Chief Innovation Officer | 1.5yrs | kr763.00k | 0.019% NOK 79.0k | |
| Managing Director of Americas | less than a year | kr2.46m | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| Vice President of Production Systems | no data | kr1.81m | no data |
1.0yrs
Average Tenure
Experienced Management: DSRT's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | no data | kr100.00k | no data | |
| Chairman of the Board | 5.3yrs | kr250.00k | 2.54% NOK 10.3m | |
| Director | no data | kr100.00k | 0.056% NOK 228.3k | |
| Director | 1.9yrs | kr100.00k | no data | |
| Director | less than a year | no data | no data |
1.9yrs
Average Tenure
62yo
Average Age
Experienced Board: DSRT's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.