Asetek Management

Management criteria checks 2/4

Asetek's CEO is Andre Eriksen, appointed in Jan 1997, has a tenure of 27.17 years. directly owns 1.43% of the company’s shares, worth NOK8.81M. The average tenure of the management team and the board of directors is 12.5 years and 4.9 years respectively.

Key information

Andre Eriksen

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	27.2yrs
CEO ownership	1.4%
Management average tenure	12.5yrs
Board average tenure	4.9yrs

Recent management updates

Recent updates

The Returns At Asetek (OB:ASTK) Aren't Growing

Dec 01

Is Asetek (OB:ASTK) Using Too Much Debt?

Aug 23

There's Been No Shortage Of Growth Recently For Asetek's (OB:ASTK) Returns On Capital

Feb 14

The Trend Of High Returns At Asetek (OB:ASTK) Has Us Very Interested

Aug 23

Asetek's (OB:ASTK) Earnings Are Weaker Than They Seem

Apr 28

Asetek A/S (OB:ASTK) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Feb 16

CEO

Andre Eriksen (50 yo)

27.2yrs

Tenure

Mr. Andre Sloth Eriksen founded Asetek A/S in 1997 and serves as its Chief Executive Officer. He served as Managing Director and Chief Technology Officer of Asetek A/S. Mr. Eriksen is a Long-Term Entrepren...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andre Eriksen	Founder & CEO	27.2yrs	no data	1.43% $ 8.8m
Peter Madsen	Chief Financial Officer	18.2yrs	no data	0.48% $ 3.0m
John Hamill	Chief Operating Officer	6.8yrs	no data	1.05% $ 6.4m
Per-Anders Nyman	Senior Director & Head of Investor Relations	less than a year	no data	no data
Jamie Jamieson	Vice President of Global Sales	no data	no data	no data

12.5yrs

Average Tenure

Experienced Management: ASTK's management team is seasoned and experienced (12.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rene Svendsen-Tune	Chairman of the Board	less than a year	US$41.76k	0.24% $ 1.5m
Maria Hjorth	Independent Director	5.2yrs	US$45.00k	0.022% $ 136.0k
Erik Damsgaard	Independent Vice Chairman of the Board	4.9yrs	US$55.00k	0.15% $ 914.8k
Jukka Pertola	Independent Director	4.9yrs	US$52.15k	0.17% $ 1.0m
Maja Sand-Grimnitz	Independent Director	1.8yrs	US$45.00k	0.055% $ 339.7k

4.9yrs

Average Tenure

57yo

Average Age

Experienced Board: ASTK's board of directors are considered experienced (4.9 years average tenure).

Asetek Management

Management criteria checks 2/4

Key information

Recent management updates

Asetek A/S, Annual General Meeting, Apr 30, 2024

Chief Operating Officer recently bought kr1.1m worth of stock

Insider recently bought kr602k worth of stock

Asetek A/S Approves Board Changes

Chief Operating Officer recently bought kr487k worth of stock

Jørgen Smidt Not to Stand for Re-Election as Director of Asetek A/S

Recent updates

Asetek Announces Last Day of Listing and Trading on Oslo Børs on March 26, 2024

Asetek Provides Earnings Guidance for 2024

Asetek A/S, Annual General Meeting, Apr 30, 2024

Investor sentiment improves as stock rises 19%

The Returns At Asetek (OB:ASTK) Aren't Growing

Third quarter 2023 earnings released: EPS: US$0.03 (vs US$0.05 loss in 3Q 2022)

Asetek A/S Provides Group Earnings Guidance for the Year 2023

Lian Li Industrial Co., Ltd Introduces Premium CPU Coolers Powered by Asetek's Most Advanced Liquid Cooling Technology to Date

Is Asetek (OB:ASTK) Using Too Much Debt?

Second quarter 2023 earnings released: EPS: US$0.04 (vs US$0.026 in 2Q 2022)

Asetek Provides Earnings Guidance for the Full Year 2023

Asetek A/S Simsports Announces Invicta Quick Release Adapter Kit

Chief Operating Officer recently bought kr1.1m worth of stock

Asetek Revises Earnings Guidance for the Full Year 2023

Asetek's and TEAMGROUP Introduces Its T-FORCE SIREN GA360 CPU Cooler

First quarter 2023 earnings released: EPS: US$0.02 (vs US$0.08 loss in 1Q 2022)

Asetek A/S Provides Earnings Guidance for the Full Year 2023

Insider recently bought kr602k worth of stock

Asetek A/S Approves Board Changes

Asetek A/S has completed a Follow-on Equity Offering in the amount of NOK 213.500001 million.

Chief Operating Officer recently bought kr487k worth of stock

Full year 2022 earnings released: US$0.17 loss per share (vs US$0.052 profit in FY 2021)

Jørgen Smidt Not to Stand for Re-Election as Director of Asetek A/S

Asetek A/S, Annual General Meeting, Apr 28, 2023

Asetek SimSports® Unveils Invicta™ and Forte® S-Series with Individual Throttle and Brake Pedal Sets

Third quarter 2022 earnings released: US$0.05 loss per share (vs US$0.12 loss in 3Q 2021)

Asetek A/S Provides Earnings Guidance for Full Year 2022

Asetek Unveils Most Advanced Desktop Liquid Cooling Technology to Date First Available in New ASUS ROG RYUO III ARGB Series CPU Coolers

Asetek A/S Announces Settlement of Patent Infringement Lawsuit Pending Between Asetek A/S, Coolit Systems, Inc., and Corsair Gaming Et AL

Asetek and Pagani Automobili Announce Pagani Huayra R Sim Racing Pedals by Asetek SimSports

Asetek Provide Updates on Full Year 2022 Guidance and Operational Developments

High number of new directors

Asetek Announces High-Performance High-Value Forte™ Sim Racing Pedal Set from Asetek SimSports™ Now Shipping

Asetek Liquid Cooling Advances Performance of EVGA's New GeForce RTX™ 3090 Ti FTW3 ULTRA HYBRID Gaming Graphics Card

Asetek A/S Elects Maja Sand-Grimnitz to the Board of Directors

Insufficient new directors

Asetek Simsports Products to Be Available in Getspeed Racetaxi Shop, Pro-Car Race Team Sponsorship, and More

Insufficient new directors

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Asetek Unveils Invicta™ Racing Boots for Full Immersion, Maximum Performance and Unrivaled Comfort in Sim Racing

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Asetek A/S Unveils High-Performance High-Value Fortet Sim Racing Pedal Set

Founder & CEO recently bought kr250k worth of stock

Asetek A/S Provides Earnings Guidance for the Year 2022

Asetek Simsports™ Now Shipping Invicta™ Sim Racing Pedals

Full year 2021 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorated over the past week

There's Been No Shortage Of Growth Recently For Asetek's (OB:ASTK) Returns On Capital

SAPPHIRE Technology Introduces NITRO+ AIO CPU Coolers Powered by Asetek Liquid Cooling Technology

Third quarter 2021 earnings released: US$0.12 loss per share (vs US$0.096 profit in 3Q 2020)

Investor sentiment improved over the past week

Asetek Revises Earnings Guidance for the Full Year of 2021

Investor sentiment deteriorated over the past week

The Trend Of High Returns At Asetek (OB:ASTK) Has Us Very Interested

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS US$0.05 (vs US$0.051 in 2Q 2020)

Asetek A/S Provides Earnings Guidance for the Year 2021

Investor sentiment improved over the past week

Asetek's (OB:ASTK) Earnings Are Weaker Than They Seem

First quarter 2021 earnings released: EPS US$0.12 (vs US$0.027 loss in 1Q 2020)

Asetek A/S Announces Earning Guidance for 2021

Asetek A/S Provides Earnings Guidance for the Year 2021

Investor sentiment improved over the past week

Founder & CEO recently bought kr275k worth of stock

New 90-day low: kr89.50

Investor sentiment deteriorated over the past week

Asetek Announces That MSI Introduced Its MPG Coreliquid K Series Premium AIO CPU Coolers

Full year 2020 earnings released: EPS US$0.36 (vs US$0.025 loss in FY 2019)

Asetek Liquid Cooling Technology is at the Heart of SAPPHIRE's New TOXIC AMD RADEONT RX 6900 XT Limited Edition Graphics Card with Hybrid GPU Cooler