AKVA group Management
Management criteria checks 2/4
AKVA group's CEO is Knut Nesse, appointed in Nov 2019, has a tenure of 4.5 years. total yearly compensation is NOK6.06M, comprised of 96.5% salary and 3.5% bonuses, including company stock and options. directly owns 0.47% of the company’s shares, worth $1.05M. The average tenure of the management team and the board of directors is 2.2 years and 2.8 years respectively.
Key information
Knut Nesse
Chief executive officer
NOK 6.1m
Total compensation
| CEO salary percentage | 96.5% |
| CEO tenure | 4.5yrs |
| CEO ownership | 0.5% |
| Management average tenure | 2.2yrs |
| Board average tenure | 2.8yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -NOK 13m |
| Dec 31 2023 | NOK 6m | NOK 6m | -NOK 18m |
| Sep 30 2023 | n/a | n/a | -NOK 20m |
| Jun 30 2023 | n/a | n/a | -NOK 109m |
| Mar 31 2023 | n/a | n/a | -NOK 171m |
| Dec 31 2022 | NOK 3m | NOK 3m | -NOK 131m |
| Sep 30 2022 | n/a | n/a | -NOK 88m |
| Jun 30 2022 | n/a | n/a | NOK 19m |
| Mar 31 2022 | n/a | n/a | NOK 76m |
| Dec 31 2021 | NOK 3m | NOK 3m | NOK 11m |
| Sep 30 2021 | n/a | n/a | NOK 13m |
| Jun 30 2021 | n/a | n/a | NOK 35m |
| Mar 31 2021 | n/a | n/a | NOK 45m |
| Dec 31 2020 | NOK 6m | NOK 3m | NOK 91m |
| Sep 30 2020 | n/a | n/a | -NOK 2m |
| Jun 30 2020 | n/a | n/a | NOK 4m |
| Mar 31 2020 | n/a | n/a | NOK 7m |
| Dec 31 2019 | NOK 3m | NOK 444k | NOK 15m |
Compensation vs Market: Knut's total compensation ($USD572.78K) is below average for companies of similar size in the US market ($USD1.58M).
Compensation vs Earnings: Knut's compensation has increased whilst the company is unprofitable.
CEO
Knut Nesse (56 yo)
4.5yrs
Tenure
NOK 6,061,000
Compensation
Mr. Knut Nesse served as a Member of the Board at Nordic Halibut AS until 2022. He is Chairman of the Board at Desert Control AS since 2019. He serves as Chief Executive Officer of AKVA Group ASA since Dec...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 4.5yrs | NOK 6.06m | 0.47% $ 1.1m | |
| Group Chief Financial Officer | 3.8yrs | NOK 3.82m | 0.033% $ 73.1k | |
| Group Director of Communications & Sustainability | 2.2yrs | NOK 2.27m | 0.014% $ 32.2k | |
| Group HR Director | 1.9yrs | NOK 2.15m | 0.014% $ 32.2k | |
| Chief Operating Officer of Land Based | 3.6yrs | NOK 2.79m | 0.019% $ 42.7k | |
| Chief Digital Officer | 3.3yrs | NOK 2.97m | 0.014% $ 32.2k | |
| Chief Operating Officer Egersund Net | 1.9yrs | NOK 3.52m | 0.014% $ 32.2k | |
| Chief Operating Officer of Sea Based Nordic | 1.8yrs | NOK 2.37m | 0.0060% $ 13.4k | |
| COO of Sea Based International | less than a year | NOK 1.16m | no data |
2.2yrs
Average Tenure
50.5yo
Average Age
Experienced Management: AKAS.F's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 2.6yrs | NOK 210.00k | no data | |
| Director | 14.9yrs | NOK 210.00k | no data | |
| Independent Director | 3yrs | NOK 210.00k | no data | |
| Independent Chairperson | 12yrs | NOK 345.00k | no data | |
| Employee Representative Director | 1.5yrs | NOK 53.00k | no data | |
| Employee Representative Director | 1.5yrs | NOK 53.00k | no data | |
| Independent Deputy Chairperson | 5yrs | NOK 229.00k | 0.0033% $ 7.3k | |
| Independent Director | 3yrs | NOK 210.00k | no data | |
| Independent Director | 2.6yrs | NOK 210.00k | no data | |
| Deputy Member of the Board | no data | no data | no data | |
| Employee Representative Director | less than a year | no data | no data |
2.8yrs
Average Tenure
56.5yo
Average Age
Experienced Board: AKAS.F's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.