We Think Shareholders Will Probably Be Generous With Klaveness Combination Carriers ASA's (OB:KCC) CEO Compensation

Key Insights

• Klaveness Combination Carriers will host its Annual General Meeting on 23rd of April
• CEO Engebret Dahm's total compensation includes salary of US$386.0k
• The total compensation is similar to the average for the industry
• Over the past three years, Klaveness Combination Carriers' EPS grew by 44% and over the past three years, the total shareholder return was 60%

We've discovered 3 warning signs about Klaveness Combination Carriers. View them for free.

The performance at Klaveness Combination Carriers ASA (OB:KCC) has been quite strong recently and CEO Engebret Dahm has played a role in it. Coming up to the next AGM on 23rd of April, shareholders would be keeping this in mind. The focus will probably be on the future company strategy as shareholders cast their votes on resolutions such as executive remuneration and other matters. In light of the great performance, we discuss the case why we think CEO compensation is not excessive.

View our latest analysis for Klaveness Combination Carriers

How Does Total Compensation For Engebret Dahm Compare With Other Companies In The Industry?

Our data indicates that Klaveness Combination Carriers ASA has a market capitalization of kr3.4b, and total annual CEO compensation was reported as US$717k for the year to December 2024. We note that's a decrease of 14% compared to last year. Notably, the salary which is US$386.0k, represents a considerable chunk of the total compensation being paid.

In comparison with other companies in the Norwegian Shipping industry with market capitalizations ranging from kr2.1b to kr8.5b, the reported median CEO total compensation was US$775k. This suggests that Klaveness Combination Carriers remunerates its CEO largely in line with the industry average. Furthermore, Engebret Dahm directly owns kr3.1m worth of shares in the company, implying that they are deeply invested in the company's success.

Component	2024	2023	Proportion (2024)
Salary	US$386k	US$534k	54%
Other	US$331k	US$303k	46%
Total Compensation	US$717k	US$837k	100%

On an industry level, around 51% of total compensation represents salary and 49% is other remuneration. Although there is a difference in how total compensation is set, Klaveness Combination Carriers more or less reflects the market in terms of setting the salary. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

Klaveness Combination Carriers ASA's Growth

Over the past three years, Klaveness Combination Carriers ASA has seen its earnings per share (EPS) grow by 44% per year. It saw its revenue drop 3.1% over the last year.

Shareholders would be glad to know that the company has improved itself over the last few years. The lack of revenue growth isn't ideal, but it is the bottom line that counts most in business. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.

Has Klaveness Combination Carriers ASA Been A Good Investment?

Boasting a total shareholder return of 60% over three years, Klaveness Combination Carriers ASA has done well by shareholders. This strong performance might mean some shareholders don't mind if the CEO were to be paid more than is normal for a company of its size.

To Conclude...

The company's solid performance might have made most shareholders happy, possibly making CEO remuneration the least of the matters to be discussed in the AGM. In fact, strategic decisions that could impact the future of the business might be a far more interesting topic for investors as it would help them set their longer-term expectations.

We can learn a lot about a company by studying its CEO compensation trends, along with looking at other aspects of the business. We did our research and identified 3 warning signs (and 1 which is potentially serious) in Klaveness Combination Carriers we think you should know about.

Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.