Viking Supply Ships Management
Management criteria checks 2/4
Viking Supply Ships' CEO is Trond Myklebust, appointed in Feb 2017, has a tenure of 7.25 years. total yearly compensation is SEK3.77M, comprised of 72.6% salary and 27.4% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth SEK614.96K. The average tenure of the management team and the board of directors is 4.3 years and 11.7 years respectively.
Key information
Trond Myklebust
Chief executive officer
kr3.8m
Total compensation
| CEO salary percentage | 72.6% |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.05% |
| Management average tenure | 4.3yrs |
| Board average tenure | 11.7yrs |
Recent management updates
Recent updates
We're Hopeful That Viking Supply Ships (STO:VSSAB B) Will Use Its Cash Wisely
Sep 22
We Think Viking Supply Ships (STO:VSSAB B) Can Afford To Drive Business Growth
Jun 08Here's Why We're Not Too Worried About Viking Supply Ships' (STO:VSSAB B) Cash Burn Situation
Mar 05Is Viking Supply Ships (STO:VSSAB B) Using Debt Sensibly?
Jan 11We're Keeping An Eye On Viking Supply Ships' (STO:VSSAB B) Cash Burn Rate
Apr 13Did You Participate In Any Of Viking Supply Ships' (STO:VSSAB B) Incredible 442% Return?
Feb 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | kr4m | kr3m | -kr88m |
| Sep 30 2023 | n/a | n/a | -kr57m |
| Jun 30 2023 | n/a | n/a | -kr22m |
| Mar 31 2023 | n/a | n/a | kr45m |
| Dec 31 2022 | kr3m | kr2m | kr8m |
| Sep 30 2022 | n/a | n/a | kr36m |
| Jun 30 2022 | n/a | n/a | -kr12m |
| Mar 31 2022 | n/a | n/a | -kr104m |
| Dec 31 2021 | kr3m | kr2m | -kr118m |
| Sep 30 2021 | n/a | n/a | -kr136m |
| Jun 30 2021 | n/a | n/a | -kr132m |
| Mar 31 2021 | n/a | n/a | -kr155m |
| Dec 31 2020 | kr3m | kr2m | -kr191m |
| Sep 30 2020 | n/a | n/a | -kr91m |
| Jun 30 2020 | n/a | n/a | -kr40m |
| Mar 31 2020 | n/a | n/a | -kr431k |
| Dec 31 2019 | kr3m | kr2m | kr64m |
| Sep 30 2019 | n/a | n/a | -kr102m |
| Jun 30 2019 | n/a | n/a | kr2b |
| Mar 31 2019 | n/a | n/a | kr2b |
| Dec 31 2018 | kr4m | kr2m | kr2b |
| Sep 30 2018 | n/a | n/a | kr2b |
| Jun 30 2018 | n/a | n/a | -kr273m |
| Mar 31 2018 | n/a | n/a | -kr273m |
| Dec 31 2017 | kr3m | kr2m | -kr209m |
Compensation vs Market: Trond's total compensation ($USD343.04K) is above average for companies of similar size in the Swedish market ($USD240.79K).
Compensation vs Earnings: Trond's compensation has increased whilst the company is unprofitable.
CEO
Trond Myklebust (64 yo)
7.3yrs
Tenure
kr3,773,000
Compensation
Mr. Trond Myklebust has been the Chief Executive Officer and President of Viking Supply Ships AB (publ) since February 27, 2017. Mr. Myklebust has been the Chief Executive Officer of Viking Supply Ships A/...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 7.3yrs | kr3.77m | 0.046% SEK 615.0k | |
| Chief Financial Officer | 1.9yrs | no data | no data | |
| Chief Operating Officer | 4.3yrs | no data | no data | |
| Chief Commercial Officer | 3.3yrs | no data | no data | |
| HSEQ Director | 5.3yrs | no data | no data |
4.3yrs
Average Tenure
51yo
Average Age
Experienced Management: VSSAB B's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 31.3yrs | kr200.00k | 0.030% SEK 410.1k | |
| Independent Director | 14.3yrs | kr200.00k | 0.025% SEK 339.7k | |
| Chairman | 9.1yrs | kr300.00k | no data | |
| Employee Representative Director | 23.3yrs | no data | no data | |
| Director | less than a year | no data | no data | |
| Director | 1.3yrs | kr133.00k | 0.000010% SEK 134.9 |
11.7yrs
Average Tenure
58yo
Average Age
Experienced Board: VSSAB B's board of directors are seasoned and experienced ( 11.7 years average tenure).