Mowi Management
Management criteria checks 3/4
Mowi's CEO is Ivan Vindheim, appointed in Nov 2019, has a tenure of 4.42 years. total yearly compensation is €933.00K, comprised of 68.8% salary and 31.2% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth $139.92K. The average tenure of the management team and the board of directors is 4.4 years and 1.8 years respectively.
Key information
Ivan Vindheim
Chief executive officer
€933.0k
Total compensation
| CEO salary percentage | 68.8% |
| CEO tenure | 4.4yrs |
| CEO ownership | 0.002% |
| Management average tenure | 4.4yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €933k | €642k | €444m |
| Sep 30 2023 | n/a | n/a | €418m |
| Jun 30 2023 | n/a | n/a | €383m |
| Mar 31 2023 | n/a | n/a | €856m |
| Dec 31 2022 | €2m | €702k | €782m |
| Sep 30 2022 | n/a | n/a | €736m |
| Jun 30 2022 | n/a | n/a | €683m |
| Mar 31 2022 | n/a | n/a | €459m |
| Dec 31 2021 | €2m | €681k | €488m |
| Sep 30 2021 | n/a | n/a | €432m |
| Jun 30 2021 | n/a | n/a | €504m |
| Mar 31 2021 | n/a | n/a | €429m |
| Dec 31 2020 | €2m | €606k | €118m |
| Sep 30 2020 | n/a | n/a | €273m |
| Jun 30 2020 | n/a | n/a | €117m |
| Mar 31 2020 | n/a | n/a | €206m |
| Dec 31 2019 | €1m | €396k | €478m |
| Sep 30 2019 | n/a | n/a | €436m |
| Jun 30 2019 | n/a | n/a | €550m |
| Mar 31 2019 | n/a | n/a | €582m |
| Dec 31 2018 | €1m | €349k | €567m |
| Sep 30 2018 | n/a | n/a | €433m |
| Jun 30 2018 | n/a | n/a | €530m |
| Mar 31 2018 | n/a | n/a | €424m |
| Dec 31 2017 | €1m | n/a | €463m |
Compensation vs Market: Ivan's total compensation ($USD1.00M) is below average for companies of similar size in the US market ($USD8.31M).
Compensation vs Earnings: Ivan's compensation has been consistent with company performance over the past year.
CEO
Ivan Vindheim (52 yo)
4.4yrs
Tenure
€933,000
Compensation
Mr. Ivan Vindheim serves as Director at Arctic Fish Holding AS since January 06, 2023. He serves as Chief Executive Officer at Mowi ASA (Marine Harvest ASA) since November 12, 2019. He serves as Director o...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 4.4yrs | €933.00k | 0.0015% € 139.9k | |
| Chief Sustainability Officer & CTO | 5yrs | €267.00k | 0.00052% € 47.6k | |
| Chief Operating Officer of Sales & Marketing | 13.3yrs | €362.00k | 0.0020% € 185.6k | |
| Chief Operating Officer of Farming Scotland | 11.2yrs | €444.00k | 0.0016% € 143.6k | |
| Chief Operating Officer of Feed | 4.3yrs | €286.00k | 0.00015% € 13.7k | |
| Chief Operating Officer of Farming Americas | 3.5yrs | €365.00k | 0.0011% € 99.7k | |
| Chief Financial Officer | 4.4yrs | €289.00k | 0.00024% € 21.9k | |
| Head of Treasury & Investor Relations Officer | no data | no data | 0.00027% € 24.7k | |
| Chief Human Resources Officer | less than a year | no data | no data | |
| Managing Director of Marine Harvest Asia | 23.3yrs | no data | no data | |
| Chief Operating Officer of Farming Norway & Iceland | 4yrs | €536.00k | 0.0011% € 99.7k | |
| Managing Director of Global Processing Excellence | no data | no data | no data |
4.4yrs
Average Tenure
49yo
Average Age
Experienced Management: MHGV.Y's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 8.8yrs | €64.00k | 0.00036% € 32.9k | |
| Independent Chairman of the Board | 15.3yrs | €132.00k | 0.29% € 26.6m | |
| Director | 1.8yrs | €33.00k | 0.00012% € 11.0k | |
| Independent Deputy Chairperson | 6.3yrs | €68.00k | 0.00036% € 32.9k | |
| Director | 1.8yrs | €50.00k | 0.00012% € 11.0k | |
| Employee Representative Director | 2.5yrs | €50.00k | 0.00021% € 19.2k | |
| Independent Director | 1.8yrs | €59.00k | 0.00012% € 11.0k | |
| Employee Representative Director | 1.8yrs | €33.00k | 0.00046% € 42.1k | |
| Employee Representative Director | 1.3yrs | no data | 0.00010% € 9.1k |
1.8yrs
Average Tenure
48yo
Average Age
Experienced Board: MHGV.Y's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.