Arribatec Group Management
Management criteria checks 3/4
Arribatec Group's CEO is Geir Johansen, appointed in Jan 2022, has a tenure of 2.83 years. total yearly compensation is NOK4.16M, comprised of 96.3% salary and 3.7% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth NOK277.67K. The average tenure of the management team and the board of directors is 2.7 years and 4.4 years respectively.
Key information
Geir Johansen
Chief executive officer
NOK 4.2m
Total compensation
| CEO salary percentage | 96.3% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.5% |
| Management average tenure | 2.7yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
Not Many Are Piling Into Arribatec Group ASA (OB:ARR) Stock Yet As It Plummets 52%
Oct 07
Why We're Not Concerned Yet About Arribatec Group ASA's (OB:ARR) 28% Share Price Plunge
Aug 21Is Arribatec Group (OB:ARR) A Risky Investment?
Aug 07Arribatec Group ASA's (OB:ARR) 28% Share Price Surge Not Quite Adding Up
Jun 15Fewer Investors Than Expected Jumping On Arribatec Group ASA (OB:ARR)
Feb 16Market Cool On Arribatec Group ASA's (OB:ARR) Revenues
Nov 08Estimating The Intrinsic Value Of Arribatec Group ASA (OB:ARR)
Aug 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -NOK 45m |
| Jun 30 2024 | n/a | n/a | -NOK 33m |
| Mar 31 2024 | n/a | n/a | -NOK 26m |
| Dec 31 2023 | NOK 4m | NOK 4m | -NOK 23m |
| Sep 30 2023 | n/a | n/a | -NOK 40m |
| Jun 30 2023 | n/a | n/a | -NOK 54m |
| Mar 31 2023 | n/a | n/a | -NOK 70m |
| Dec 31 2022 | NOK 3m | NOK 3m | -NOK 83m |
| Sep 30 2022 | n/a | n/a | -NOK 79m |
| Jun 30 2022 | n/a | n/a | -NOK 82m |
| Mar 31 2022 | n/a | n/a | -NOK 69m |
| Dec 31 2021 | NOK 2m | NOK 2m | -NOK 49m |
Compensation vs Market: Geir's total compensation ($USD375.58K) is about average for companies of similar size in the Norwegian market ($USD301.28K).
Compensation vs Earnings: Geir's compensation has increased whilst the company is unprofitable.
CEO
Geir Johansen
2.8yrs
Tenure
NOK 4,155,000
Compensation
Mr. Geir Johansen has been Group Chief Financial Officer at Arribatec Solutions ASA (formerly known as Arribatec Group ASA (formerly known as Arribatec AS)) since March 18, 2021 and served as its Chairman...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.8yrs | NOK 4.16m | 0.52% NOK 277.7k | |
| Group Chief Accountant & Group CFO | 3.7yrs | NOK 1.91m | no data | |
| COO and Executive VP of EA & BPM | 2.7yrs | NOK 1.84m | 0.055% NOK 29.2k | |
| CTO & Executive VP of Cloud | 1.9yrs | NOK 1.40m | no data | |
| Chief People & Organisation Officer | 1.9yrs | NOK 1.65m | no data | |
| C.C.O. | 2.8yrs | NOK 2.18m | no data | |
| Co-Founder & Chief Commercial Officer | no data | NOK 3.34m | no data | |
| Executive Vice President of Business Services | no data | no data | no data | |
| Executive Vice President of Hospitality | no data | no data | no data | |
| Executive Vice President of Marine | 2.7yrs | no data | no data |
2.7yrs
Average Tenure
Experienced Management: ARR's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 4.8yrs | NOK 215.00k | no data | |
| Chairman of the Board | 4.8yrs | NOK 303.00k | 1.52% NOK 812.6k | |
| Director | 4.1yrs | NOK 248.00k | 0.033% NOK 17.5k | |
| Director | 2.3yrs | NOK 215.00k | no data | |
| Director | no data | NOK 152.00k | 0.26% NOK 138.6k |
4.4yrs
Average Tenure
55yo
Average Age
Experienced Board: ARR's board of directors are considered experienced (4.4 years average tenure).