Norsk Hydro Management
Management criteria checks 3/4
Norsk Hydro's CEO is Hilde Aasheim, appointed in Nov 2008, has a tenure of 15.42 years. total yearly compensation is NOK15.31M, comprised of 53.8% salary and 46.2% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth NOK9.85M. The average tenure of the management team and the board of directors is 5.3 years and 1.9 years respectively.
Key information
Hilde Aasheim
Chief executive officer
kr15.3m
Total compensation
| CEO salary percentage | 53.8% |
| CEO tenure | 15.4yrs |
| CEO ownership | 0.007% |
| Management average tenure | 5.3yrs |
| Board average tenure | 1.9yrs |
Recent management updates
Recent updates
Norsk Hydro's (OB:NHY) Dividend Is Being Reduced To NOK2.50
Apr 13
What 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 28Norsk Hydro ASA Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jul 26Here's Why We Think Norsk Hydro (OB:NHY) Is Well Worth Watching
Jul 20An Intrinsic Calculation For Norsk Hydro ASA (OB:NHY) Suggests It's 34% Undervalued
Jun 05Norsk Hydro ASA's (OB:NHY) Intrinsic Value Is Potentially 26% Above Its Share Price
Dec 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | kr15m | kr8m | kr4b |
| Sep 30 2023 | n/a | n/a | kr6b |
| Jun 30 2023 | n/a | n/a | kr14b |
| Mar 31 2023 | n/a | n/a | kr20b |
| Dec 31 2022 | kr16m | kr7m | kr24b |
| Sep 30 2022 | n/a | n/a | kr31b |
| Jun 30 2022 | n/a | n/a | kr25b |
| Mar 31 2022 | n/a | n/a | kr16b |
| Dec 31 2021 | kr12m | kr7m | kr12b |
| Sep 30 2021 | n/a | n/a | kr12b |
| Jun 30 2021 | n/a | n/a | kr11b |
| Mar 31 2021 | n/a | n/a | kr7b |
| Dec 31 2020 | kr9m | kr7m | kr4b |
| Sep 30 2020 | n/a | n/a | -kr3b |
| Jun 30 2020 | n/a | n/a | -kr5b |
| Mar 31 2020 | n/a | n/a | -kr3b |
| Dec 31 2019 | kr1m | kr6m | -kr2b |
| Sep 30 2019 | n/a | n/a | -kr2b |
| Jun 30 2019 | n/a | n/a | -kr19m |
| Mar 31 2019 | n/a | n/a | kr2b |
| Dec 31 2018 | kr7m | kr4m | kr4b |
| Sep 30 2018 | n/a | n/a | kr8b |
| Jun 30 2018 | n/a | n/a | kr10b |
| Mar 31 2018 | n/a | n/a | kr9b |
| Dec 31 2017 | kr8m | kr3m | kr9b |
Compensation vs Market: Hilde's total compensation ($USD1.39M) is about average for companies of similar size in the Norwegian market ($USD1.40M).
Compensation vs Earnings: Hilde's compensation has been consistent with company performance over the past year.
CEO
Hilde Aasheim (65 yo)
15.4yrs
Tenure
kr15,306,000
Compensation
Mrs. Hilde Merete Aasheim serves as President and Chief Executive Officer of Norsk Hydro ASA since May 8, 2019 and as its Member of Corporate Management Board since November 2008. Mrs. Aasheim served as an...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.4yrs | kr15.31m | 0.0070% NOK 9.8m | |
| Executive VP for Crpt. Development | 1.4yrs | kr6.43m | 0.00029% NOK 405.1k | |
| Executive VP of Energy & Member of Corporate Management Board | 15.7yrs | kr7.70m | 0.0092% NOK 12.9m | |
| Executive VP of Aluminium Metal & Member of Corporate Management Board | 11.2yrs | kr9.78m | 0.0043% NOK 6.0m | |
| Executive VP of Compliance | 9.3yrs | kr6.98m | 0.0018% NOK 2.5m | |
| Executive VP of Bauxite & Alumina and Member of Corporate Management Board | 5.8yrs | kr14.42m | 0.0032% NOK 4.4m | |
| Executive VP of People & HSE and Member of Corporate Management Board | 5.3yrs | kr5.54m | 0.00056% NOK 782.3k | |
| Executive VP of Hydro Extruded Solutions & Member of Corporate Management Board | 3.2yrs | kr16.17m | 0.00019% NOK 265.4k | |
| Executive VP for Communication & Public Affairs and Member of Corporate Management Board | 2.9yrs | kr4.28m | no data | |
| Executive Officer | less than a year | kr7.45m | 0.0012% NOK 1.7m | |
| Head of Corporate Finance | no data | no data | no data | |
| Head of Investor Relations | less than a year | no data | no data |
5.3yrs
Average Tenure
55.5yo
Average Age
Experienced Management: NHY's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairperson | 11.9yrs | kr934.00k | 0.0022% NOK 3.1m | |
| Independent Director | 4.9yrs | kr633.00k | 0.00055% NOK 768.4k | |
| Independent Deputy Chair | 3.8yrs | kr560.00k | 0.0011% NOK 1.5m | |
| Independent Director | 7.9yrs | kr797.00k | no data | |
| Independent Director | 1.9yrs | kr780.00k | no data | |
| Employee Representative Director | 1.9yrs | kr554.00k | 0.000020% NOK 27.9k | |
| Employee Representative Director | 5.5yrs | kr503.00k | 0.00031% NOK 433.1k | |
| Independent Director | 1.9yrs | kr503.00k | 0.000030% NOK 41.9k | |
| Independent Director | 1.9yrs | kr711.00k | 0.000040% NOK 55.9k | |
| Employee Representative Director | 1.9yrs | kr403.00k | 0.000030% NOK 41.9k | |
| Employee Representative Director | 1.9yrs | kr403.00k | 0% NOK 0 |
1.9yrs
Average Tenure
58yo
Average Age
Experienced Board: NHY's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.