Hafnia Limited

NYSE:HAFN Stock Report

Market Cap: US$2.7b

Hafnia Management

Management criteria checks 3/4

Hafnia's CEO is Mikael Opstun Skov, appointed in Jan 2019, has a tenure of 5.83 years. total yearly compensation is $2.60M, comprised of 33.3% salary and 66.7% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth $11.72M. The average tenure of the management team and the board of directors is 5.8 years and 5.8 years respectively.

Key information

Mikael Opstun Skov

Chief executive officer

US$2.6m

Total compensation

CEO salary percentage33.3%
CEO tenure5.8yrs
CEO ownership0.4%
Management average tenure5.8yrs
Board average tenure5.8yrs

Recent management updates

Recent updates

Hafnia Tankers: Strong Fundamentals, Changing Trade Patterns Look Favorable

Aug 28

CEO Compensation Analysis

How has Mikael Opstun Skov's remuneration changed compared to Hafnia's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$802m

Mar 31 2024n/an/a

US$756m

Dec 31 2023US$3mUS$867k

US$793m

Sep 30 2023n/an/a

US$881m

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$987m

Dec 31 2022US$1mUS$867k

US$752m

Sep 30 2022n/an/a

US$480m

Jun 30 2022n/an/a

US$179m

Mar 31 2022n/an/a

-US$19m

Dec 31 2021US$3mUS$850k

-US$55m

Compensation vs Market: Mikael's total compensation ($USD2.60M) is below average for companies of similar size in the US market ($USD6.59M).

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

CEO

Mikael Opstun Skov (61 yo)

5.8yrs

Tenure

US$2,601,000

Compensation

Mr. Mikael Opstun Skov serves as Chief Executive Officer of Hafnia Limited. He had been Chief Executive Officer of Hafnia Tankers Ltd since 2019. He serves as the Chief Executive Officer of Tankers Inc. A/...

Leadership Team

NamePositionTenureCompensationOwnership
Mikael Opstun Skov
Chief Executive Officer5.8yrsUS$2.60m0.43%
$ 11.7m
Perry Van Echtelt
Chief Financial Officer7yrsno data0.11%
$ 2.9m
Dorte Christensen
Vice President of Operations & Claimsno datano datano data
Thomas Andersen
Executive VP of IRno datano datano data
Jens Christophersen
EVP and Head of Commercial & Operations5.8yrsno datano data
Søren Winther
Vice President of Commercialno datano datano data

5.8yrs

Average Tenure

Experienced Management: HAFN's management team is seasoned and experienced (5.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Andreas Sohmen-Pao
Chairman of the Board10.5yrsno datano data
Erik Bartnes
Independent Director5.8yrsno datano data
Peter Read
Independent Director5.8yrsno datano data
Su Anand
Independent Directorless than a yearno datano data
Donald Ridgway
Independent Director5.8yrsno datano data

5.8yrs

Average Tenure

65yo

Average Age

Experienced Board: HAFN's board of directors are considered experienced (5.8 years average tenure).