Norske Skog Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Geir Drangsland

Chief executive officer

NOK 3.1m

Total compensation

CEO salary percentage	60.7%
CEO tenure	1.2yrs
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	1.8yrs

Recent management updates

Recent updates

Norske Skog's (OB:NSKOG) Problems Go Beyond Weak Profit

Oct 28

Is Norske Skog (OB:NSKOG) A Risky Investment?

Sep 09

Norske Skog ASA (OB:NSKOG) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Jul 19

CEO Compensation Analysis

How has Geir Drangsland's remuneration changed compared to Norske Skog's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	NOK 246m
Jun 30 2024	n/a	n/a	NOK 533m
Mar 31 2024	n/a	n/a	NOK 334m
Dec 31 2023	NOK 3m	NOK 2m	NOK 481m

Compensation vs Market: Geir's total compensation ($USD277.44K) is below average for companies of similar size in the Norwegian market ($USD502.96K).

Compensation vs Earnings: Insufficient data to compare Geir's compensation with company performance.

CEO

Geir Drangsland (62 yo)

1.2yrs

Tenure

NOK 3,053,000

Compensation

Mr. Geir Olav Drangsland serves as Chief Executive Officer at Norske Skog ASA since September 01, 2023. He was Chairperson at Norske Skog ASA since March 9, 2023 until September 01, 2023. He served as the...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Geir Drangsland	Chief Executive Officer	1.2yrs	NOK 3.05m	no data
Robert Wood	Senior Vice President of Commercial	6.8yrs	NOK 5.65m	0.0062% NOK 122.0k
Tord Torvund	Chief Financial Officer	less than a year	no data	0.013% NOK 255.3k
Even Lund	Vice President of Corporate Finance	less than a year	no data	no data
Einar Blaauw	Senior VP & General Counsel	less than a year	no data	no data
Carsten Dybevig	Vice President of Corporate Communication & Public Affairs	no data	no data	no data
Yves Bailly	Managing Director of Golbey	no data	no data	no data
Mari Mogen	Head of Sustainability	2.8yrs	no data	no data

1.0yrs

Average Tenure

53yo

Average Age

Experienced Management: NSKOG's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Tone Wille	Director	less than a year	no data	no data
Trine-Marie Hagen	Independent Director	5.1yrs	NOK 383.00k	no data
Arvid Grundekjon	Independent Chair of the Board	6.1yrs	NOK 570.00k	0.049% NOK 965.4k
Christoffer Bull	Independent Director	1.6yrs	no data	no data
Terje Sagbakken	Director	less than a year	no data	no data
Tore Oestensvig	Board Observer	2.8yrs	no data	no data
Asbjorn Dypdahl	Board Observer	1.8yrs	no data	no data

1.8yrs

Average Tenure

51yo

Average Age

Experienced Board: NSKOG's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Norske Skog Management

Management criteria checks 1/4

Key information

Recent management updates

Norske Skog ASA, Annual General Meeting, Apr 16, 2026

Chief Financial Officer recently bought kr222k worth of stock

High number of new and inexperienced directors

Chief Executive Officer exercised options to buy kr10m worth of stock.

Norske Skog ASA Announces Chief Financial Officer Changes

Norske Skog ASA Announces Chief Financial Officer Changes

Recent updates

Norske Skog's (OB:NSKOG) Problems Go Beyond Weak Profit

Third quarter 2024 earnings released: kr1.80 loss per share (vs kr1.45 profit in 3Q 2023)

Norske Skog ASA, Annual General Meeting, Apr 16, 2026

Now 22% overvalued

Consensus EPS estimates fall by 19%

Price target decreased by 12% to kr41.00

Chief Financial Officer recently bought kr222k worth of stock

Consensus EPS estimates upgraded to kr2.23 loss

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates upgraded to kr1.87 loss

High number of new and inexperienced directors

Consensus EPS estimates fall by 64%

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates upgraded to kr0.035 loss

Price target decreased by 18% to kr46.67

Consensus EPS estimates fall by 76%

Full year 2023 earnings released: EPS: kr5.63 (vs kr27.28 in FY 2022)

Chief Executive Officer exercised options to buy kr10m worth of stock.

Consensus EPS estimates increase by 49%

Now 20% undervalued after recent price drop

Consensus EPS estimates increase by 283%

Norske Skog ASA Announces Chief Financial Officer Changes

Norske Skog ASA Announces Chief Financial Officer Changes

Consensus EPS estimates increase by 282%

Norske Skog ASA, Annual General Meeting, Apr 11, 2024

Price target decreased by 13% to kr66.67

Norske Skog ASA Announces Dividend, Payable on or About 28 November 2023

Price target decreased by 10% to kr73.33

Third quarter 2023 earnings released: EPS: kr1.45 (vs kr0.12 loss in 3Q 2022)

Consensus EPS estimates fall by 33%

Price target decreased by 9.8% to kr76.67

Oji Fibre Solutions (NZ) Limited acquired Tasman mill industrial site and remaining mill assets from Norske Skog ASA (OB:NSKOG).

Norske Skog ASA Announces Chief Executive Officer Changes

Norske Skog ASA Announces Chief Executive Officer Changes

Price target decreased by 7.5% to kr81.67

Consensus EPS estimates fall by 89%

New minor risk - Profit margin trend

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 14%, revenue upgraded

Insider recently bought kr516k worth of stock

Price target decreased by 8.8% to kr93.33

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Independent Director recently bought kr567k worth of stock

CEO & President exercised options to buy kr38m worth of stock.

Price target increased by 9.6% to kr102

Norske Skog ASA Proposes Dividend

Norske Skog ASA to Report Fiscal Year 2022 Results on Mar 30, 2023

Norske Skog ASA to Report Q3, 2023 Results on Oct 20, 2023

Less than half of directors are independent

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates increase by 10%

Investor sentiment improved over the past week

Price target increased to kr93.33

Is Norske Skog (OB:NSKOG) A Risky Investment?

Byggma ASA (OB:BMA) acquired a 7.68% stake in Norske Skog ASA (OB:NSKOG).

Consensus EPS estimates increase by 42%

Norske Skog ASA (OB:NSKOG) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 20% undervalued

Consensus forecasts updated

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Less than half of directors are independent

Price target increased to kr83.33

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

CEO & President recently bought kr468k worth of stock

Norske Skog (OB:NSKOG) Takes On Some Risk With Its Use Of Debt

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to kr65.33

Chairperson of the Board recently bought kr1.8m worth of stock