Nordic Mining Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Ivar Fossum

Chief executive officer

kr3.0m

Total compensation

CEO salary percentage	79.5%
CEO tenure	no data
CEO ownership	0.1%
Management average tenure	no data
Board average tenure	6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ivar Fossum's remuneration changed compared to Nordic Mining's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-kr46m
Sep 30 2023	n/a	n/a	-kr106m
Jun 30 2023	n/a	n/a	-kr101m
Mar 31 2023	n/a	n/a	-kr24m
Dec 31 2022	kr3m	kr2m	kr202m
Sep 30 2022	n/a	n/a	kr224m
Jun 30 2022	n/a	n/a	kr283m
Mar 31 2022	n/a	n/a	kr203m
Dec 31 2021	kr3m	kr2m	kr5m
Sep 30 2021	n/a	n/a	kr25m
Jun 30 2021	n/a	n/a	-kr35m
Mar 31 2021	n/a	n/a	-kr37m
Dec 31 2020	kr3m	kr2m	-kr33m
Sep 30 2020	n/a	n/a	-kr75m
Jun 30 2020	n/a	n/a	-kr89m
Mar 31 2020	n/a	n/a	-kr97m
Dec 31 2019	kr3m	kr2m	kr1m
Sep 30 2019	n/a	n/a	kr19m
Jun 30 2019	n/a	n/a	kr19m
Mar 31 2019	n/a	n/a	kr23m
Dec 31 2018	kr3m	kr2m	-kr72m
Sep 30 2018	n/a	n/a	-kr60m
Jun 30 2018	n/a	n/a	-kr51m
Mar 31 2018	n/a	n/a	-kr49m
Dec 31 2017	kr3m	kr2m	-kr36m

Compensation vs Market: Ivar's total compensation ($USD266.86K) is below average for companies of similar size in the Norwegian market ($USD488.54K).

Compensation vs Earnings: Ivar's compensation has been consistent with company performance over the past year.

CEO

Ivar Fossum (65 yo)

no data

Tenure

kr2,962,000

Compensation

Mr. Ivar Sund Fossum serves as Director at Keliber Oy since 2021. Mr. Fossum serves as the Chief Executive Officer of Geological Survey of Finland and Nordic Mining ASA. He serves as General Manager and Ch...

Board Members

Name	Position	Tenure	Compensation	Ownership
Kjell Roland	Independent Chairman	12.3yrs	kr350.00k	0.027% NOK 615.1k
Eva Kaijser	Independent Director	7yrs	kr210.00k	no data
Kjell Sletsjøe	Independent Deputy Chairman	6yrs	kr210.00k	0.016% NOK 369.8k
Benedicte Nordang	Independent Director	5yrs	kr210.00k	no data
Tom Lileng	Director	less than a year	no data	no data

6.0yrs

Average Tenure

Experienced Board: NOM's board of directors are considered experienced (6 years average tenure).

Nordic Mining Management

Management criteria checks 3/4

Key information

Recent management updates

Interim Chief Financial Officer recently bought kr502k worth of stock

Jens Gisle Schnelle Accepts the Role of Interim CFO of Nordic Mining ASA, Effective February 1, 2024

Nordic Mining Asa Announces Resignation of Jens Gisle Schnelle from His Position as CFO

Nordic Mining Appoints Jens Gisle Schnelle as New Chief Financial Officer, Effective from 15 October 2023

Chief Financial Officer recently sold kr365k worth of stock

Nordic Mining ASA Announces Appointment of Tom Lileng as New Board Member

Recent updates

Nordic Mining ASA Wins Against AMR on All Counts at the Supreme Court

Nordic Mining ASA Wins Against AMR on All Counts at the Supreme Court

Interim Chief Financial Officer recently bought kr502k worth of stock

New minor risk - Share price stability

Jens Gisle Schnelle Accepts the Role of Interim CFO of Nordic Mining ASA, Effective February 1, 2024

Nordic Mining Asa Announces Resignation of Jens Gisle Schnelle from His Position as CFO

Nordic Mining ASA to Report Q3, 2024 Results on Nov 05, 2024

Does Nordic Mining (OB:NOM) Have A Healthy Balance Sheet?

Nordic Mining Appoints Jens Gisle Schnelle as New Chief Financial Officer, Effective from 15 October 2023

Is Nordic Mining (OB:NOM) Using Debt Sensibly?

Chief Financial Officer recently sold kr365k worth of stock

Nordic Mining ASA Announces Appointment of Tom Lileng as New Board Member

Investor sentiment improves as stock rises 16%

Investor sentiment improved over the past week

Nordic Mining ASA to Report Q1, 2023 Results on May 10, 2023

Insufficient new directors

Nordic Mining ASA Advances Construction Work at Engebø

Sibanye Stillwater Limited (JSE : SSW) completed the acquisition of additional 20% stake in Keliber Oy from Nordic Mining ASA (OB : NOM).

Nordic Mining ASA Appoints Maurice Kok as Commercial Director

Sibanye Stillwater Limited (JSE : SSW) agreed to acquire 20% stake in Keliber Oy from Nordic Mining ASA (OB : NOM) for €46.9 million.

Nordic Mining ASA Announces Keliber Reports Maiden Mineral Resource Estimate for New Tuoreetsaaret Deposit

Nordic Mining ASA Announces Keliber Completes First Three Phases of Four-Phase Pilot-Scale Test Programme

Insufficient new directors

Chief Executive Officer exercised options to buy kr3.6m worth of stock.

Investor sentiment improved over the past week

Nordic Mining's (OB:NOM) Earnings Are Built On Soft Foundations

Chief Executive Officer recently bought kr101k worth of stock

Nordic Mining Asa Measures and Indicates Mineral Resources of Keliber's Rapasaari Lithium Deposit Increases by More Than 30%

We're Hopeful That Nordic Mining (OB:NOM) Will Use Its Cash Wisely

Nordic Mining ASA has completed a Follow-on Equity Offering in the amount of NOK 80 million.

Nordic Mining ASA Decides to Use Electrical Dryers Instead of Gas Fueled Dryers in the Mineral Processing of Rutile and Garnet At Engebø

New 90-day high: kr2.40

Is Nordic Mining (OB:NOM) In A Good Position To Invest In Growth?

Nordic Mining ASA to Report Q4, 2021 Results on Feb 08, 2022

Nordic Mining ASA Announces Final approval for Engebø water pipeline

Nordic Mining ASA Undertakes Large-Scale Project Development At Engebø on the West Coast of Norway

Nordic Mining ASA Announces the Approval of the Water Pipeline for the Engebø Project by Chairmanship

New 90-day high: kr2.29

New 90-day low: kr1.98

New 90-day low - kr2.03

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure