Kitron Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Lars Nilsson
Chief executive officer
€1.9m
Total compensation
| CEO salary percentage | 16.7% |
| CEO tenure | 10yrs |
| CEO ownership | 1.5% |
| Management average tenure | 10yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
Kitron ASA Just Recorded A 30% EPS Beat: Here's What Analysts Are Forecasting Next
Oct 27
Here's What To Make Of Kitron's (OB:KIT) Decelerating Rates Of Return
Sep 24There's Reason For Concern Over Kitron ASA's (OB:KIT) Massive 27% Price Jump
Jul 14Should You Be Adding Kitron (OB:KIT) To Your Watchlist Today?
Jul 12Earnings Miss: Kitron ASA Missed EPS By 40% And Analysts Are Revising Their Forecasts
May 01Kitron (OB:KIT) Has Announced That It Will Be Increasing Its Dividend To €0.75
Apr 20Shareholders May Be More Conservative With Kitron ASA's (OB:KIT) CEO Compensation For Now
Apr 19Kitron's (OB:KIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 05Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year
Mar 14Kitron (OB:KIT) Is Paying Out A Larger Dividend Than Last Year
Feb 21Analyst Estimates: Here's What Brokers Think Of Kitron ASA (OB:KIT) After Its Annual Report
Feb 18Analysts Have Just Cut Their Kitron ASA (OB:KIT) Revenue Estimates By 12%
Dec 20What Is Kitron ASA's (OB:KIT) Share Price Doing?
Dec 14These 4 Measures Indicate That Kitron (OB:KIT) Is Using Debt Reasonably Well
Oct 26Are Investors Undervaluing Kitron ASA (OB:KIT) By 23%?
Aug 23Kitron (OB:KIT) Is Reinvesting To Multiply In Value
Jul 16Is Now The Time To Put Kitron (OB:KIT) On Your Watchlist?
Jul 04Forecast: Analysts Think Kitron ASA's (OB:KIT) Business Prospects Have Improved Drastically
May 03What Is Kitron ASA's (OB:KIT) Share Price Doing?
Feb 16Capital Allocation Trends At Kitron (OB:KIT) Aren't Ideal
Apr 29Kitron (OB:KIT) Has Announced That Its Dividend Will Be Reduced To kr0.25
Apr 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €36m |
| Jun 30 2024 | n/a | n/a | €39m |
| Mar 31 2024 | n/a | n/a | €44m |
| Dec 31 2023 | €2m | €321k | €51m |
| Sep 30 2023 | n/a | n/a | €48m |
| Jun 30 2023 | n/a | n/a | €46m |
| Mar 31 2023 | n/a | n/a | €37m |
| Dec 31 2022 | €1m | €298k | €28m |
| Sep 30 2022 | n/a | n/a | €22m |
| Jun 30 2022 | n/a | n/a | €17m |
| Mar 31 2022 | n/a | n/a | €16m |
| Dec 31 2021 | €481k | €302k | €15m |
| Sep 30 2021 | n/a | n/a | €16m |
| Jun 30 2021 | n/a | n/a | €20m |
| Mar 31 2021 | n/a | n/a | €22m |
| Dec 31 2020 | €650k | €288k | €20m |
| Sep 30 2020 | n/a | n/a | €18m |
| Jun 30 2020 | n/a | n/a | €15m |
| Mar 31 2020 | n/a | n/a | €12m |
| Dec 31 2019 | €2m | €296k | €13m |
| Sep 30 2019 | n/a | n/a | €13m |
| Jun 30 2019 | n/a | n/a | €13m |
| Mar 31 2019 | n/a | n/a | €13m |
| Dec 31 2018 | €533k | €281k | €11m |
| Sep 30 2018 | n/a | n/a | €12m |
| Jun 30 2018 | n/a | n/a | €11m |
| Mar 31 2018 | n/a | n/a | €11m |
| Dec 31 2017 | €551k | €283k | €10m |
Compensation vs Market: Lars's total compensation ($USD2.03M) is above average for companies of similar size in the Norwegian market ($USD472.85K).
Compensation vs Earnings: Lars's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Lars Nilsson (60 yo)
10yrs
Tenure
€1,924,201
Compensation
Mr. Lars Peter Nilsson has been the Chief Executive Officer of Kitron ASA since November 10, 2014 and serves as President. He served as the President of Electronics Technology Division at PartnerTech AB un...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 10yrs | €1.92m | 1.46% NOK 85.2m | |
| Chief Financial Officer | 11.3yrs | €825.15k | 0.59% NOK 34.7m | |
| Chief Operating Officer | 3.2yrs | €821.23k | 0.12% NOK 7.2m | |
| Chief Technology Officer | no data | €634.09k | 0.10% NOK 5.9m | |
| Vice President of Central Eastern Europe | no data | €795.38k | 0.29% NOK 17.0m | |
| Vice President of Nordics & North America | no data | €742.06k | 0.31% NOK 18.1m | |
| General Manager of Kitron Sweden and Board Observer | no data | €1.22k | no data |
10.0yrs
Average Tenure
53yo
Average Age
Experienced Management: KIT's management team is seasoned and experienced (10 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| General Manager of Kitron Sweden and Board Observer | no data | €1.22k | no data | |
| Independent Chairman of the Board | 10.8yrs | €57.42k | 0.15% NOK 9.0m | |
| Director | less than a year | no data | no data | |
| Independent Director | 6.6yrs | €27.28k | 0.019% NOK 1.1m | |
| Independent Board Director | 2.6yrs | €29.15k | 0.0066% NOK 382.2k | |
| Employee Representative Deputy Board Member | no data | €6.80k | no data | |
| Employee Representative Director | 5.5yrs | €24.79k | 0.011% NOK 666.4k | |
| Employee Representative Deputy Board Member | no data | no data | no data | |
| Employee Representative Deputy Board Member | no data | no data | no data | |
| Independent Director | 4.6yrs | €27.28k | 0.014% NOK 800.0k | |
| Employee Representative Director | 1.6yrs | €18.72k | 0.00077% NOK 44.9k | |
| Employee Representative Director | 1.6yrs | €18.72k | 0.00077% NOK 44.9k |
3.6yrs
Average Tenure
56.5yo
Average Age
Experienced Board: KIT's board of directors are considered experienced (3.6 years average tenure).