REC Silicon Management
Management criteria checks 0/4
REC Silicon's CEO is Kurt Levens, appointed in Sep 2022, has a tenure of 2.25 years. total yearly compensation is $885.22K, comprised of 72.7% salary and 27.3% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth NOK1.36K. The average tenure of the management team and the board of directors is 1.9 years and 2.2 years respectively.
Key information
Kurt Levens
Chief executive officer
US$885.2k
Total compensation
| CEO salary percentage | 72.7% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.0001% |
| Management average tenure | 1.9yrs |
| Board average tenure | 2.2yrs |
Recent management updates
Recent updates
Investors Still Aren't Entirely Convinced By REC Silicon ASA's (OB:RECSI) Revenues Despite 41% Price Jump
Dec 12
Slammed 26% REC Silicon ASA (OB:RECSI) Screens Well Here But There Might Be A Catch
Sep 06The Consensus EPS Estimates For REC Silicon ASA (OB:RECSI) Just Fell A Lot
Aug 21Investors Give REC Silicon ASA (OB:RECSI) Shares A 26% Hiding
Jun 26There Are Some Reasons To Suggest That REC Silicon's (OB:RECSI) Earnings Are A Poor Reflection Of Profitability
Feb 15REC Silicon ASA's (OB:RECSI) P/S Still Appears To Be Reasonable
Jan 18Why Investors Shouldn't Be Surprised By REC Silicon ASA's (OB:RECSI) P/S
Jun 01Need To Know: This Analyst Just Made A Substantial Cut To Their REC Silicon ASA (OB:RECSI) Estimates
Feb 25Is REC Silicon (OB:RECSI) A Risky Investment?
Sep 28Is REC Silicon (OB:RECSI) Using Debt In A Risky Way?
Jun 08Party Time: One Broker Just Made Major Increases To Their REC Silicon ASA (OB:RECSI) Earnings Forecast
Feb 13Is REC Silicon (OB:RECSI) A Risky Investment?
Dec 15A Look At The Fair Value Of REC Silicon ASA (OB:RECSI)
Nov 18Here's Why REC Silicon (OB:RECSI) Can Afford Some Debt
Aug 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$39m |
| Jun 30 2024 | n/a | n/a | -US$12m |
| Mar 31 2024 | n/a | n/a | US$24m |
| Dec 31 2023 | US$885k | US$644k | US$31m |
| Sep 30 2023 | n/a | n/a | -US$100m |
| Jun 30 2023 | n/a | n/a | -US$104m |
| Mar 31 2023 | n/a | n/a | -US$113m |
| Dec 31 2022 | US$233k | US$131k | -US$87m |
Compensation vs Market: Kurt's total compensation ($USD885.22K) is above average for companies of similar size in the Norwegian market ($USD284.78K).
Compensation vs Earnings: Kurt's compensation has increased whilst the company is unprofitable.
CEO
Kurt Levens
2.3yrs
Tenure
US$885,221
Compensation
Mr. William Kurtis Levens, also known as Kurt served as Senior Vice President and General Manager of Electronic Grade Polysilicon and Silicon Gases at REC Silicon ASA since August 12, 2016. He has been Chi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 2.3yrs | US$885.22k | 0.00010% NOK 1.4k | |
| Chief Financial Officer | 2.2yrs | US$444.47k | no data | |
| Chief Strategy Officer | 2.1yrs | US$221.39k | no data | |
| General Counsel & Corp. Sec. | 1.9yrs | no data | no data | |
| Senior Vice President of Sales | less than a year | no data | no data | |
| Vice President of Human Resources | 1.9yrs | no data | no data | |
| Senior Vice President of Operational Excellence | less than a year | no data | no data | |
| Corporate Controller | no data | US$234.25k | no data | |
| Vice President of Moses Lake Operations | no data | no data | no data |
1.9yrs
Average Tenure
Experienced Management: RECSI's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.6yrs | US$86.65k | no data | |
| Chairman | 2.2yrs | no data | no data | |
| Independent Director | 2.2yrs | US$88.56k | no data | |
| Independent Deputy Chair | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
2.2yrs
Average Tenure
Experienced Board: RECSI's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
REC Silicon ASA is covered by 37 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anders Rosenlund | ABG Sundal Collier |
| Heinz Steffen | AlphaValue |
| Markus Bjerke | Arctic Securities ASA |