Norse Atlantic Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Bjoern Larsen

Chief executive officer

US$194.0k

Total compensation

CEO salary percentage	92.8%
CEO tenure	no data
CEO ownership	0.06%
Management average tenure	no data
Board average tenure	3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bjoern Larsen's remuneration changed compared to Norse Atlantic's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-US$169m
Sep 30 2023	n/a	n/a	-US$171m
Jun 30 2023	n/a	n/a	-US$229m
Mar 31 2023	n/a	n/a	-US$220m
Dec 31 2022	US$194k	US$180k	-US$175m
Jun 30 2022	n/a	n/a	-US$60m
Dec 31 2021	US$229k	US$162k	-US$8m

Compensation vs Market: Bjoern's total compensation ($USD194.00K) is below average for companies of similar size in the Norwegian market ($USD303.17K).

Compensation vs Earnings: Bjoern's compensation has been consistent with company performance over the past year.

CEO

Bjoern Larsen (55 yo)

no data

Tenure

US$194,000

Compensation

Mr. Bjørn Tore Larsen is the Founder of OSM Maritime Group AS (formerly known as OSM Group AS) since 1989. He served as Independent Director of Golden Ocean Group Limited since March 2021 until 2023. From...

Board Members

Name	Position	Tenure	Compensation	Ownership
Marianne Økland	Member of the Board	less than a year	no data	no data
Terje Larsen	Chairman	3.2yrs	US$31.00k	no data
Bjørn Kjos	Member of the Board	3yrs	US$19.00k	0.51% $ 5.6m
Aase Mikkelsen	Member of the Board	3yrs	US$21.00k	no data
Timothy Sanger	Member of the Board	less than a year	no data	no data

3.0yrs

Average Tenure

Experienced Board: NORSE's board of directors are considered experienced (3 years average tenure).

Norse Atlantic Management

Management criteria checks 3/4

Key information

Recent management updates

Norse Atlantic Appoints Ben Boiling as Finance Director and Managing Director of Norse UK

Norse Atlantic Airways Appoints Charles Duncan as President

No independent directors

Chief Financial Officer recently bought kr60k worth of stock

No independent directors

Chief Culture Officer recently bought kr205k worth of stock

Recent updates

Norse Atlantic Airways Introduces New Route Between London Gatwick and Cape Town

Full year 2023 earnings released: US$2.50 loss per share (vs US$8.30 loss in FY 2022)

Norse Atlantic Airways Announces New Direct Flight from London Gatwick to Las Vegas

New minor risk - Market cap size

Full year 2023 earnings released: US$2.72 loss per share (vs US$8.30 loss in FY 2022)

Norse Atlantic ASA has completed a Follow-on Equity Offering in the amount of NOK 100.1 million.

Norse Atlantic ASA to Report Q1, 2025 Results on May 14, 2024

Norse Atlantic Airways Extends Direct Flights from Oslo to Bangkok in Summer 2024

Norsors Atlantic Airways Releases Winter Sun Routes for 2024-2025 Season

Norse Atlantic ASA has filed a Follow-on Equity Offering in the amount of NOK 100.1 million.

Third quarter 2023 earnings released: EPS: US$0.02 (vs US$2.72 loss in 3Q 2022)

New minor risk - Share price stability

Norse Atlantic ASA to Report Q3, 2023 Results on Oct 31, 2023

Norse Atlantic (OB:NORSE) Will Have To Spend Its Cash Wisely

Norse Atlantic Airways Celebrates Inaugural Flights to Miami from London and Oslo

Norse Atlantic Airways Launches Ticket Sales for New Route Between Paris and Los Angeles

Norse Atlantic Asa Provides Earnings Guidance for the Third Quarter of 2023

Second quarter 2023 earnings released: US$0.55 loss per share (vs US$1.32 loss in 2Q 2022)

Norse Atlantic Airways Expands Winter Schedule with New Direct Flights from Paris and Berlin to Miami

Norse Atlantic Airways Expands Winter Schedule with New Direct Flights from Paris and Berlin to Miami

Norse Atlantic Airways Announces Inaugural Flights to Los Angeles and San Francisco from London

Norse Atlantic Appoints Ben Boiling as Finance Director and Managing Director of Norse UK

Norse Atlantic Airways Celebrates Inaugural Service Between Rome and New York JFK

Norse Atlantic Airways Announces Miami as New Destination

Norse Atlantic Airways Celebrates Inaugural Flight from Washington, D.C. to London

Norse Atlantic Launches Ticket Sales to Miami from London with Flights Commencing September 18, 2023

Norse Atlantic Airways Unveils Two New Routes from the US to London

Norse Atlantic Airways Appoints Charles Duncan as President

Norse Atlantic Airways Launches Ticket Sales Between Rome And New York JFK With Fares Starting From EUR 239 One Way

Is Norse Atlantic (OB:NORSE) In A Good Position To Deliver On Growth Plans?

Norse Atlantic Airways Launches Ticket Sales Between Paris and New York JFK with One Way Fares Starting from EUR 219

No independent directors

Norse Atlantic ASA Receives UK Air Operator Certificate and Operating License

We're Not Very Worried About Norse Atlantic's (OB:NORSE) Cash Burn Rate

Norse Atlantic ASA Announces Inaugural Flights from Berlin and Announces New Berlin to Fort Lauderdale Route

Norse Atlantic Airways Celebrates Inaugural Flight from London Gatwick to New York JFK

Chief Financial Officer recently bought kr60k worth of stock

Norse Atlantic ASA Update and Completion of Aircraft Subleases

Norse Atlantic Airways Takes Off with First Flight from Oslo to New York

Norse Atlantic Airways Launches Ticket Sales Between Berlin, New York JFK and Los Angeles with One-Way Fares Starting from €160 and $120

No independent directors

Chief Culture Officer recently bought kr205k worth of stock

Companies Like Norse Atlantic (OB:NORSE) Are In A Position To Invest In Growth

Norse Atlantic ASA, Annual General Meeting, Apr 27, 2022

Norse Atlantic Airways Appoints Ben Boiling as New Chief Financial Officer

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure