Norsk Hydro Management
Management criteria checks 2/4
Norsk Hydro's CEO is Eivind Kallevik, appointed in Feb 2013, has a tenure of 11.75 years. total yearly compensation is NOK9.78M, comprised of 47% salary and 53% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth NOK7.03M. The average tenure of the management team and the board of directors is 4.8 years and 2.5 years respectively.
Key information
Eivind Kallevik
Chief executive officer
NOK 9.8m
Total compensation
| CEO salary percentage | 47.0% |
| CEO tenure | 11.8yrs |
| CEO ownership | 0.005% |
| Management average tenure | 4.8yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
Investors Appear Satisfied With Norsk Hydro ASA's (OB:NHY) Prospects
Nov 20
There May Be Some Bright Spots In Norsk Hydro's (OB:NHY) Earnings
Nov 02Norsk Hydro ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 27These 4 Measures Indicate That Norsk Hydro (OB:NHY) Is Using Debt Extensively
Oct 19An Intrinsic Calculation For Norsk Hydro ASA (OB:NHY) Suggests It's 43% Undervalued
Sep 02There's Reason For Concern Over Norsk Hydro ASA's (OB:NHY) Price
Aug 12Norsk Hydro (OB:NHY) Is Reinvesting To Multiply In Value
Jul 20Norsk Hydro (OB:NHY) Takes On Some Risk With Its Use Of Debt
Jul 05Norsk Hydro's (OB:NHY) Shareholders Will Receive A Smaller Dividend Than Last Year
Apr 29Norsk Hydro ASA Just Missed Earnings - But Analysts Have Updated Their Models
Apr 28Norsk Hydro's (OB:NHY) Dividend Is Being Reduced To NOK2.50
Apr 13What Norsk Hydro ASA's (OB:NHY) 26% Share Price Gain Is Not Telling You
Apr 05Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50
Mar 21Norsk Hydro's (OB:NHY) Dividend Will Be Reduced To NOK2.50
Mar 07Norsk Hydro (OB:NHY) Will Pay A Smaller Dividend Than Last Year
Feb 22Norsk Hydro's (OB:NHY) Soft Earnings Are Actually Better Than They Appear
Feb 20We Like Norsk Hydro's (OB:NHY) Returns And Here's How They're Trending
Feb 08Many Still Looking Away From Norsk Hydro ASA (OB:NHY)
Jan 08These 4 Measures Indicate That Norsk Hydro (OB:NHY) Is Using Debt Extensively
Dec 18Norsk Hydro ASA's (OB:NHY) Intrinsic Value Is Potentially 17% Below Its Share Price
Nov 14Why The 26% Return On Capital At Norsk Hydro (OB:NHY) Should Have Your Attention
Sep 28Is Norsk Hydro (OB:NHY) Using Too Much Debt?
Sep 10Estimating The Fair Value Of Norsk Hydro ASA (OB:NHY)
Aug 08Norsk Hydro (OB:NHY) Is Very Good At Capital Allocation
Jun 21Norsk Hydro (OB:NHY) Has A Pretty Healthy Balance Sheet
Jun 06Norsk Hydro (OB:NHY) Is Increasing Its Dividend To NOK5.65
May 04Does This Valuation Of Norsk Hydro ASA (OB:NHY) Imply Investors Are Overpaying?
Apr 20Norsk Hydro (OB:NHY) Is Increasing Its Dividend To NOK5.65
Apr 05Under The Bonnet, Norsk Hydro's (OB:NHY) Returns Look Impressive
Mar 02Norsk Hydro (OB:NHY) Will Pay A Larger Dividend Than Last Year At NOK5.65
Feb 17Here's Why Norsk Hydro (OB:NHY) Can Manage Its Debt Responsibly
Feb 15Here's Why We Think Norsk Hydro (OB:NHY) Is Well Worth Watching
Jan 21A Look At The Fair Value Of Norsk Hydro ASA (OB:NHY)
Dec 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | NOK 1b |
| Jun 30 2024 | n/a | n/a | NOK 191m |
| Mar 31 2024 | n/a | n/a | NOK 3b |
| Dec 31 2023 | NOK 10m | NOK 5m | NOK 4b |
| Sep 30 2023 | n/a | n/a | NOK 6b |
| Jun 30 2023 | n/a | n/a | NOK 14b |
| Mar 31 2023 | n/a | n/a | NOK 20b |
| Dec 31 2022 | NOK 8m | NOK 4m | NOK 24b |
| Sep 30 2022 | n/a | n/a | NOK 31b |
| Jun 30 2022 | n/a | n/a | NOK 25b |
| Mar 31 2022 | n/a | n/a | NOK 16b |
| Dec 31 2021 | NOK 8m | NOK 4m | NOK 12b |
| Sep 30 2021 | n/a | n/a | NOK 12b |
| Jun 30 2021 | n/a | n/a | NOK 11b |
| Mar 31 2021 | n/a | n/a | NOK 7b |
| Dec 31 2020 | NOK 6m | NOK 4m | NOK 4b |
| Sep 30 2020 | n/a | n/a | -NOK 3b |
| Jun 30 2020 | n/a | n/a | -NOK 5b |
| Mar 31 2020 | n/a | n/a | -NOK 3b |
| Dec 31 2019 | NOK 7m | NOK 4m | -NOK 2b |
| Sep 30 2019 | n/a | n/a | -NOK 2b |
| Jun 30 2019 | n/a | n/a | -NOK 19m |
| Mar 31 2019 | n/a | n/a | NOK 2b |
| Dec 31 2018 | NOK 7m | NOK 4m | NOK 4b |
| Sep 30 2018 | n/a | n/a | NOK 8b |
| Jun 30 2018 | n/a | n/a | NOK 10b |
| Mar 31 2018 | n/a | n/a | NOK 9b |
| Dec 31 2017 | NOK 7m | NOK 3m | NOK 9b |
Compensation vs Market: Eivind's total compensation ($USD885.86K) is below average for companies of similar size in the Norwegian market ($USD1.40M).
Compensation vs Earnings: Eivind's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Eivind Kallevik (57 yo)
11.8yrs
Tenure
NOK 9,782,000
Compensation
Mr. Eivind Kallevik serves as Member of Corporate Management Board at Norsk Hydro ASA and serves as President and Chief Executive Officer since May 13, 2024. He served as Executive Vice President of Alumin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Member of Corporate Management Board | 11.8yrs | NOK 9.78m | 0.0049% NOK 7.0m | |
| Executive VP | 2yrs | NOK 6.43m | 0.00076% NOK 1.1m | |
| Member of Corporate Management Board | 16.3yrs | NOK 7.70m | 0.0098% NOK 14.0m | |
| Executive VP of Compliance | 9.8yrs | NOK 6.98m | 0.0026% NOK 3.7m | |
| Executive VP of Bauxite & Alumina and Member of Corporate Management Board | 6.4yrs | NOK 14.42m | 0.0047% NOK 6.7m | |
| Executive VP of People & HSE and Member of Corporate Management Board | 5.8yrs | NOK 5.54m | 0.0022% NOK 3.2m | |
| Executive VP of Hydro Extruded Solutions & Member of Corporate Management Board | 3.8yrs | NOK 16.17m | 0.0018% NOK 2.6m | |
| Executive VP for Communication & Public Affairs and Member of Corporate Management Board | 3.5yrs | NOK 4.28m | 0.00045% NOK 642.0k | |
| Executive VP of Hydro Aluminium Metal & Member of Corporate Management Board | less than a year | NOK 5.56m | no data | |
| Head of Corporate Finance | no data | no data | no data | |
| Head of Investor Relations | 1.5yrs | no data | no data | |
| Head of Precision Tubing Hydro Extrusions | no data | no data | no data |
4.8yrs
Average Tenure
56.5yo
Average Age
Experienced Management: NHY's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 5.5yrs | NOK 633.00k | 0.00040% NOK 570.7k | |
| Independent Director | less than a year | no data | 0.00050% NOK 713.4k | |
| Independent Chairman of the Board | 4.4yrs | NOK 560.00k | 0.0013% NOK 1.9m | |
| Independent Director | 8.5yrs | NOK 797.00k | no data | |
| Independent Director | less than a year | no data | no data | |
| Employee Representative Director | 2.5yrs | NOK 554.00k | 0.000040% NOK 57.1k | |
| Employee Representative Director | 6.1yrs | NOK 503.00k | 0.00033% NOK 470.8k | |
| Independent Deputy Chair | 2.5yrs | NOK 503.00k | 0.000060% NOK 85.6k | |
| Independent Director | 2.5yrs | NOK 711.00k | 0.000040% NOK 57.1k | |
| Employee Representative Director | 2.5yrs | NOK 403.00k | 0.000050% NOK 71.3k | |
| Employee Representative Director | 2.5yrs | NOK 403.00k | 0% NOK 0 |
2.5yrs
Average Tenure
59yo
Average Age
Experienced Board: NHY's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.