NEXT Biometrics Group Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Ulf Ritsvall
Chief executive officer
kr3.1m
Total compensation
| CEO salary percentage | 54.9% |
| CEO tenure | less than a year |
| CEO ownership | n/a |
| Management average tenure | less than a year |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Will NEXT Biometrics Group (OB:NEXT) Spend Its Cash Wisely?
Aug 28
We're Not Very Worried About NEXT Biometrics Group's (OB:NEXT) Cash Burn Rate
Apr 28Here's Why We're Not Too Worried About NEXT Biometrics Group's (OB:NEXT) Cash Burn Situation
Sep 29NEXT Biometrics Group (OB:NEXT) Is In A Good Position To Deliver On Growth Plans
May 12The NEXT Biometrics Group (OB:NEXT) Share Price Is Up 100% And Shareholders Are Holding On
Feb 10
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -kr66m |
| Sep 30 2023 | n/a | n/a | -kr66m |
| Jun 30 2023 | n/a | n/a | -kr56m |
| Mar 31 2023 | n/a | n/a | -kr46m |
| Dec 31 2022 | kr3m | kr2m | -kr46m |
| Sep 30 2022 | n/a | n/a | -kr54m |
| Jun 30 2022 | n/a | n/a | -kr59m |
| Mar 31 2022 | n/a | n/a | -kr57m |
| Dec 31 2021 | kr2m | kr366k | -kr60m |
Compensation vs Market: Ulf's total compensation ($USD283.51K) is about average for companies of similar size in the Norwegian market ($USD303.88K).
Compensation vs Earnings: Ulf's compensation has increased whilst the company is unprofitable.
CEO
Ulf Ritsvall
less than a year
Tenure
kr3,110,000
Compensation
Mr. Ulf Ritsvall serves as Chief Executive Officer of NEXT Biometrics Group ASA since October 01, 2023. He served as the Senior Vice President of Sales and Marketing at NEXT Biometrics Group ASA since Octo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | less than a year | kr3.11m | no data | |
| Chief Financial Officer | 4.2yrs | kr2.68m | no data | |
| Senior Vice President of Operations | 6.1yrs | no data | no data | |
| Senior VP & Head of Sales South-East Asia | less than a year | no data | no data | |
| Chief Product Officer | less than a year | no data | 0.019% NOK 170.0k | |
| Senior VP & Head of Sales IUEA | less than a year | no data | no data |
0.5yrs
Average Tenure
43yo
Average Age
Experienced Management: NEXT's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Strategic Advisor | 8.3yrs | no data | no data | |
| Strategic Advisor | 8.3yrs | no data | no data | |
| Strategic Advisor | no data | no data | no data | |
| Independent Chairman of the Board | 4.8yrs | kr500.00k | 0.80% NOK 7.1m | |
| Independent Director | 3.8yrs | kr200.00k | 0.53% NOK 4.7m | |
| Independent Director | 7.3yrs | kr200.00k | 0.076% NOK 677.8k | |
| Independent Director | 1.9yrs | kr96.00k | no data |
6.0yrs
Average Tenure
Experienced Board: NEXT's board of directors are considered experienced (6 years average tenure).