SalMar Management
Management criteria checks 2/4
SalMar's CEO is Frode Arntsen, appointed in Oct 2022, has a tenure of 2.08 years. total yearly compensation is NOK6.55M, comprised of 68.1% salary and 31.9% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth $364.08K. The average tenure of the management team and the board of directors is 4.6 years and 2.4 years respectively.
Key information
Frode Arntsen
Chief executive officer
NOK 6.6m
Total compensation
| CEO salary percentage | 68.1% |
| CEO tenure | 2.1yrs |
| CEO ownership | 0.005% |
| Management average tenure | 4.6yrs |
| Board average tenure | 2.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | NOK 3b |
| Jun 30 2024 | n/a | n/a | NOK 4b |
| Mar 31 2024 | n/a | n/a | NOK 2b |
| Dec 31 2023 | NOK 7m | NOK 4m | NOK 3b |
| Sep 30 2023 | n/a | n/a | NOK 959m |
| Jun 30 2023 | n/a | n/a | NOK 909m |
| Mar 31 2023 | n/a | n/a | NOK 4b |
| Dec 31 2022 | NOK 4m | NOK 3m | NOK 3b |
| Sep 30 2022 | n/a | n/a | NOK 4b |
| Jun 30 2022 | n/a | n/a | NOK 4b |
| Mar 31 2022 | n/a | n/a | NOK 3b |
| Dec 31 2021 | NOK 4m | NOK 2m | NOK 3b |
| Sep 30 2021 | n/a | n/a | NOK 2b |
| Jun 30 2021 | n/a | n/a | NOK 2b |
| Mar 31 2021 | n/a | n/a | NOK 2b |
| Dec 31 2020 | NOK 4m | NOK 2m | NOK 2b |
| Sep 30 2020 | n/a | n/a | NOK 3b |
| Jun 30 2020 | n/a | n/a | NOK 2b |
| Mar 31 2020 | n/a | n/a | NOK 2b |
| Dec 31 2019 | NOK 4m | NOK 2m | NOK 2b |
| Sep 30 2019 | n/a | n/a | NOK 3b |
| Jun 30 2019 | n/a | n/a | NOK 4b |
| Mar 31 2019 | n/a | n/a | NOK 4b |
| Dec 31 2018 | NOK 3m | NOK 2m | NOK 4b |
| Sep 30 2018 | n/a | n/a | NOK 3b |
| Jun 30 2018 | n/a | n/a | NOK 3b |
| Mar 31 2018 | n/a | n/a | NOK 3b |
| Dec 31 2017 | NOK 2m | NOK 154k | NOK 2b |
Compensation vs Market: Frode's total compensation ($USD592.17K) is below average for companies of similar size in the US market ($USD7.81M).
Compensation vs Earnings: Frode's compensation has increased by more than 20% in the past year.
CEO
Frode Arntsen (54 yo)
2.1yrs
Tenure
NOK 6,553,000
Compensation
Mr. Frode Arntsen serves as Chief Executive Officer at SalMar ASA since October 2022. He currently had been COO of Industry and Sales at SalMar ASA since December 1, 2017 until October 2022. He served as D...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 2.8yrs | NOK 648.00k | no data | |
| Chief Executive Officer | 2.1yrs | NOK 6.55m | 0.0053% $ 364.1k | |
| Chief Financial Officer | 3.1yrs | NOK 4.32m | 0.015% $ 1.1m | |
| Chief Operating Officer of Sales & Industry | 2.1yrs | NOK 3.68m | no data | |
| Director of Human Resource Management | 6.8yrs | NOK 3.20m | 0.0021% $ 144.8k | |
| Chief Strategy Officer | 4.6yrs | NOK 3.09m | 0.0034% $ 235.8k | |
| Chief Operating Officer of Farming | 6.4yrs | NOK 5.09m | 0.011% $ 759.2k | |
| Head of Accounting | no data | no data | no data | |
| Head of Investor Relations | 4.7yrs | no data | no data |
4.6yrs
Average Tenure
50yo
Average Age
Experienced Management: SALR.F's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 2.8yrs | NOK 648.00k | no data | |
| Independent Director | 2.4yrs | NOK 443.00k | 0.00076% $ 52.4k | |
| Independent Director | 7.4yrs | NOK 435.00k | no data | |
| Director | 4.4yrs | NOK 305.00k | 1.02% $ 70.0m | |
| Independent Director | 2.4yrs | NOK 305.00k | 0.0025% $ 175.1k | |
| Employee Representative Director | 1.4yrs | NOK 982.00k | 0.000030% $ 2.1k | |
| Employee Representative Director | 1.4yrs | NOK 584.00k | no data |
2.4yrs
Average Tenure
64yo
Average Age
Experienced Board: SALR.F's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.