GC Rieber Shipping Management
Management criteria checks 2/4
GC Rieber Shipping's CEO is Einar Ytredal, appointed in Sep 2018, has a tenure of 5.25 years. total yearly compensation is NOK3.84M, comprised of 88.3% salary and 11.7% bonuses, including company stock and options. directly owns 0.047% of the company’s shares, worth NOK357.32K. The average tenure of the management team and the board of directors is 1.9 years and 2.7 years respectively.
Key information
Einar Ytredal
Chief executive officer
kr3.8m
Total compensation
| CEO salary percentage | 88.3% |
| CEO tenure | 5.3yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.9yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
Does GC Rieber Shipping (OB:RISH) Have A Healthy Balance Sheet?
Sep 29
GC Rieber Shipping (OB:RISH) Is Making Moderate Use Of Debt
May 20We Discuss Why GC Rieber Shipping ASA's (OB:RISH) CEO Compensation May Be Closely Reviewed
Apr 14Is GC Rieber Shipping (OB:RISH) A Risky Investment?
Jan 28What Type Of Returns Would GC Rieber Shipping's(OB:RISH) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Dec 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | kr62m |
| Jun 30 2023 | n/a | n/a | kr106m |
| Mar 31 2023 | n/a | n/a | kr98m |
| Dec 31 2022 | kr4m | kr3m | -kr35m |
| Sep 30 2022 | n/a | n/a | kr33m |
| Jun 30 2022 | n/a | n/a | kr214m |
| Mar 31 2022 | n/a | n/a | kr113m |
| Dec 31 2021 | kr4m | kr4m | kr139m |
| Sep 30 2021 | n/a | n/a | kr598m |
| Jun 30 2021 | n/a | n/a | kr373m |
| Mar 31 2021 | n/a | n/a | kr286m |
| Dec 31 2020 | kr3m | kr2m | kr17m |
| Sep 30 2020 | n/a | n/a | -kr443m |
| Jun 30 2020 | n/a | n/a | -kr398m |
| Mar 31 2020 | n/a | n/a | -kr183m |
| Dec 31 2019 | kr3m | kr2m | kr14m |
| Sep 30 2019 | n/a | n/a | kr276m |
| Jun 30 2019 | n/a | n/a | kr206m |
| Mar 31 2019 | n/a | n/a | kr103m |
| Dec 31 2018 | kr2m | kr2m | kr148m |
| Sep 30 2018 | n/a | n/a | -kr203m |
| Jun 30 2018 | n/a | n/a | -kr114m |
| Mar 31 2018 | n/a | n/a | -kr123m |
| Dec 31 2017 | kr2m | kr2m | -kr130m |
| Sep 30 2017 | n/a | n/a | -kr210m |
| Jun 30 2017 | n/a | n/a | -kr287m |
| Mar 31 2017 | n/a | n/a | -kr333m |
| Dec 31 2016 | kr2m | kr2m | -kr361m |
Compensation vs Market: Einar's total compensation ($USD366.88K) is about average for companies of similar size in the Norwegian market ($USD302.06K).
Compensation vs Earnings: Einar's compensation has been consistent with company performance over the past year.
CEO
Einar Ytredal (46 yo)
5.3yrs
Tenure
kr3,840,000
Compensation
Mr. Einar Ytredal has been Chief Executive Officer of GC Rieber Shipping ASA since November 12, 2018. Mr. Ytredal has served as the Chief Financial Officer of GC Rieber Shipping ASA since September 2011 un...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 5.3yrs | kr3.84m | 0.047% NOK 357.3k | |
| Chief Commercial Officer | less than a year | kr2.36m | 0.032% NOK 240.8k | |
| CFO & Group Financial Controller | 2.9yrs | no data | no data | |
| Chief Technology Officer | less than a year | no data | no data |
1.9yrs
Average Tenure
Experienced Management: RISH's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of The Board | less than a year | no data | no data | |
| Director | 2.7yrs | kr250.00k | no data | |
| Independent Vice Chairman | 5.7yrs | kr225.00k | no data | |
| Director | 2.7yrs | kr175.00k | no data |
2.7yrs
Average Tenure
52yo
Average Age
Experienced Board: RISH's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.