Recreate Management
Management criteria checks 3/4
Recreate's CEO is Emil Eriksrod, appointed in Jan 2010, has a tenure of 14.33 years. total yearly compensation is NOK2.79M, comprised of 91.3% salary and 8.7% bonuses, including company stock and options. directly owns 51.5% of the company’s shares, worth NOK7.54M. The average tenure of the management team and the board of directors is 3.4 years and 5 years respectively.
Key information
Emil Eriksrod
Chief executive officer
kr2.8m
Total compensation
| CEO salary percentage | 91.3% |
| CEO tenure | 14.3yrs |
| CEO ownership | 51.5% |
| Management average tenure | 3.4yrs |
| Board average tenure | 5yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | -kr514m |
| Mar 31 2023 | n/a | n/a | -kr486m |
| Dec 31 2022 | kr3m | kr3m | -kr336m |
| Sep 30 2022 | n/a | n/a | -kr53m |
| Jun 30 2022 | n/a | n/a | kr55m |
| Mar 31 2022 | n/a | n/a | kr92m |
| Dec 31 2021 | kr2m | kr2m | kr43m |
| Sep 30 2021 | n/a | n/a | kr5m |
| Jun 30 2021 | n/a | n/a | kr80m |
| Mar 31 2021 | n/a | n/a | kr67m |
| Dec 31 2020 | kr2m | kr2m | -kr11m |
| Sep 30 2020 | n/a | n/a | -kr7m |
| Jun 30 2020 | n/a | n/a | -kr74m |
| Mar 31 2020 | n/a | n/a | -kr23m |
| Dec 31 2019 | kr2m | kr2m | kr49m |
| Sep 30 2019 | n/a | n/a | kr65m |
| Jun 30 2019 | n/a | n/a | kr74m |
| Mar 31 2019 | n/a | n/a | kr66m |
| Dec 31 2018 | kr200k | n/a | kr58m |
Compensation vs Market: Emil's total compensation ($USD257.05K) is about average for companies of similar size in the Norwegian market ($USD323.77K).
Compensation vs Earnings: Emil's compensation has increased whilst the company is unprofitable.
CEO
Emil Eriksrod (40 yo)
14.3yrs
Tenure
kr2,793,785
Compensation
Mr. Emil Eriksr d is Founder of Recreate ASA (formerly known as R8 Property ASA) in 2010 and serves as its Chief Executive Officer since 2017. He is Chair/Board member in multiple companies, including the...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Founder | 14.3yrs | kr2.79m | 51.5% NOK 7.5m | |
| Director of HR & Sustainability and Director | 7.3yrs | kr80.00k | 0.26% NOK 38.5k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Finance & Accounting Manager | no data | no data | no data | |
| Technical Manager | no data | no data | no data | |
| Managing Director of Evolve Division | 3.4yrs | kr25.00k | no data | |
| Head of Facility Management | less than a year | no data | no data | |
| Portfolio Manager | no data | no data | no data |
3.4yrs
Average Tenure
47.5yo
Average Age
Experienced Management: RCR's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director of HR & Sustainability and Director | 3.6yrs | kr80.00k | 0.26% NOK 38.5k | |
| Independent Director | 3.6yrs | kr80.00k | 0.015% NOK 2.2k | |
| Independent Chairman of the Board | 5yrs | kr250.00k | 4.4% NOK 644.3k | |
| Independent Director | 5yrs | kr80.00k | 1.77% NOK 259.0k | |
| Independent Director | 5.9yrs | kr80.00k | 0.24% NOK 35.8k |
5.0yrs
Average Tenure
61yo
Average Age
Experienced Board: RCR's board of directors are considered experienced (5 years average tenure).