Frontline Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Lars Barstad

Chief executive officer

US$2.1m

Total compensation

CEO salary percentage19.4%
CEO tenure4.2yrs
CEO ownershipn/a
Management average tenure4.2yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

Earnings Working Against Frontline plc's (NYSE:FRO) Share Price Following 32% Dive

Dec 22
Earnings Working Against Frontline plc's (NYSE:FRO) Share Price Following 32% Dive

Earnings Working Against Frontline plc's (NYSE:FRO) Share Price Following 26% Dive

Nov 07
Earnings Working Against Frontline plc's (NYSE:FRO) Share Price Following 26% Dive

There Might Be More To Frontline's (NYSE:FRO) Story Than Just Weak Earnings

Oct 07
There Might Be More To Frontline's (NYSE:FRO) Story Than Just Weak Earnings

Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet

Sep 23
Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet

Frontline: Tanker Market Strategy And Ongoing Disruptions (Podcast Transcript)

Sep 17

The Tanker Titan: Frontline Well-Positioned To Get Lucky

Sep 10

Frontline Plc's Stock And Fleet Are On The Upswing

Aug 09

Frontline plc's (NYSE:FRO) Prospects Need A Boost To Lift Shares

Jul 17
Frontline plc's (NYSE:FRO) Prospects Need A Boost To Lift Shares

An Intrinsic Calculation For Frontline plc (NYSE:FRO) Suggests It's 22% Undervalued

Jun 28
An Intrinsic Calculation For Frontline plc (NYSE:FRO) Suggests It's 22% Undervalued

Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet

Jun 10
Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet

Frontline's Aggressive Acquisition Strategy Pays Off Amid Global Disruptions

Jun 03

Although Frontline Is Up 83% In 1 Year, We Think There Is More To Come

May 17

Frontline: How Geopolitical Shifts Are Steering Growth For Tanker Operations

Apr 23

Here's Why Frontline (NYSE:FRO) Has Caught The Eye Of Investors

Apr 22
Here's Why Frontline (NYSE:FRO) Has Caught The Eye Of Investors

Frontline plc (NYSE:FRO) Shares Could Be 28% Below Their Intrinsic Value Estimate

Mar 22
Frontline plc (NYSE:FRO) Shares Could Be 28% Below Their Intrinsic Value Estimate

Frontline Benefiting From Red Sea Disruptions

Mar 08

These 4 Measures Indicate That Frontline (NYSE:FRO) Is Using Debt Extensively

Mar 03
These 4 Measures Indicate That Frontline (NYSE:FRO) Is Using Debt Extensively

Frontline: Robust Fundamentals And High Returns

Feb 28

The Market Doesn't Like What It Sees From Frontline plc's (NYSE:FRO) Earnings Yet

Jan 26
The Market Doesn't Like What It Sees From Frontline plc's (NYSE:FRO) Earnings Yet

Frontline: Still A Buy At The High Price

Jan 13

Should You Be Adding Frontline (NYSE:FRO) To Your Watchlist Today?

Jan 08
Should You Be Adding Frontline (NYSE:FRO) To Your Watchlist Today?

Frontline: Industrial Demand Confirms The Potential Upside

Dec 06

Frontline: Top 2024 Long Position

Nov 24

Frontline: Aggressively Buying Cash Flow In A Tight Tanker Market

Nov 01

Frontline plc (NYSE:FRO) Shares Could Be 24% Below Their Intrinsic Value Estimate

Oct 26
Frontline plc (NYSE:FRO) Shares Could Be 24% Below Their Intrinsic Value Estimate

Frontline: An Enticing Tanker Stock With Generous Dividend Yields

Oct 24

Frontline (NYSE:FRO) Seems To Use Debt Quite Sensibly

Oct 10
Frontline (NYSE:FRO) Seems To Use Debt Quite Sensibly

We Ran A Stock Scan For Earnings Growth And Frontline (NYSE:FRO) Passed With Ease

Sep 27
We Ran A Stock Scan For Earnings Growth And Frontline (NYSE:FRO) Passed With Ease

Frontline: Spot Rates Have Been Volatile

Sep 27

Frontline's (NYSE:FRO) Upcoming Dividend Will Be Larger Than Last Year's

Aug 28
Frontline's (NYSE:FRO) Upcoming Dividend Will Be Larger Than Last Year's

Frontline: Sailing Ahead Of The Pack

Aug 27

Returns Are Gaining Momentum At Frontline (NYSE:FRO)

Aug 03
Returns Are Gaining Momentum At Frontline (NYSE:FRO)

Frontline Gets An Upgrade To Buy

Jul 14

Calculating The Intrinsic Value Of Frontline plc (NYSE:FRO)

Jul 04
Calculating The Intrinsic Value Of Frontline plc (NYSE:FRO)

Is Frontline (NYSE:FRO) Using Too Much Debt?

Jun 19
Is Frontline (NYSE:FRO) Using Too Much Debt?

Broker Revenue Forecasts For Frontline plc (NYSE:FRO) Are Surging Higher

Jun 03
Broker Revenue Forecasts For Frontline plc (NYSE:FRO) Are Surging Higher

Frontline: China Is Helping, But Will It Last?

Jun 02

Returns Are Gaining Momentum At Frontline (NYSE:FRO)

Mar 31
Returns Are Gaining Momentum At Frontline (NYSE:FRO)

Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet

Feb 19
Frontline (NYSE:FRO) Has A Somewhat Strained Balance Sheet

CEO Compensation Analysis

How has Lars Barstad's remuneration changed compared to Frontline's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$547m

Jun 30 2024n/an/a

US$595m

Mar 31 2024n/an/a

US$638m

Dec 31 2023US$2mUS$404k

US$656m

Sep 30 2023n/an/a

US$777m

Jun 30 2023n/an/a

US$826m

Mar 31 2023n/an/a

US$646m

Dec 31 2022US$1mUS$376k

US$476m

Compensation vs Market: Lars's total compensation ($USD2.08M) is below average for companies of similar size in the US market ($USD6.65M).

Compensation vs Earnings: Lars's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Lars Barstad (53 yo)

4.2yrs

Tenure

US$2,083,000

Compensation

Mr. Lars H. Barstad serves as Interim Chief Executive Officer at Frontline Management AS at Frontline plc since October 2020 and served as Commercial Director since 2015. Mr. Barstad has experience in the...


Leadership Team

NamePositionTenureCompensationOwnership
Lars Barstad
Chief Executive Officer of Frontline Management AS4.2yrsUS$2.08mno data
Inger Klemp
Chief Financial Officer of Frontline Management AS12.9yrsno data0.13%
$ 4.0m
Marios Saveriades
Secretary2yrsno datano data

4.2yrs

Average Tenure

Experienced Management: FRO's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Fredriksen
Non-Executive Director27.1yrsUS$391.00k35.64%
$ 1.1b
Ola Lorentzon
Independent Non-Executive Chairman9.6yrsUS$812.00k0.039%
$ 1.2m
James O'Shaughnessy
Independent Non-Executive Director6.3yrsUS$401.00kno data
Cato Stonex
Independent Non-Executive Directorless than a yearUS$3.00kno data
Steen Jakobsen
Independent Non-Executive Director2.6yrsUS$60.00kno data
Orjan Svanevik
Directorno datano datano data
Ole Hjertaker
Non-Executive Director2.6yrsUS$60.00kno data
Maria Papakokkinou
Directorno datano datano data

2.6yrs

Average Tenure

60yo

Average Age

Experienced Board: FRO's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 11:07
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Frontline plc is covered by 26 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anders HolteABG Sundal Collier
Glenn LoddenABN AMRO Bank N.V.
Erik StavsethArctic Securities ASA