Desert Control AS

OTCPK:DRTF.F Stock Report

Market Cap: US$35.5m

Desert Control Management

Management criteria checks 2/4

Desert Control's CEO is Ole Sivertsen, appointed in Aug 2019, has a tenure of 4.75 years. total yearly compensation is NOK4.93M, comprised of 46.5% salary and 53.5% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth $79.38K. The average tenure of the management team and the board of directors is 1 years and 1.9 years respectively.

Key information

Ole Sivertsen

Chief executive officer

NOK 4.9m

Total compensation

CEO salary percentage46.5%
CEO tenure4.8yrs
CEO ownership0.2%
Management average tenureless than a year
Board average tenure1.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ole Sivertsen's remuneration changed compared to Desert Control's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-NOK 55m

Dec 31 2023NOK 5mNOK 2m

-NOK 59m

Sep 30 2023n/an/a

-NOK 100m

Jun 30 2023n/an/a

-NOK 87m

Mar 31 2023n/an/a

-NOK 86m

Dec 31 2022NOK 10mNOK 2m

-NOK 59m

Sep 30 2022n/an/a

-NOK 42m

Jun 30 2022n/an/a

-NOK 60m

Mar 31 2022n/an/a

-NOK 46m

Dec 31 2021NOK 3mNOK 2m

-NOK 32m

Sep 30 2021n/an/a

-NOK 26m

Jun 30 2021n/an/a

-NOK 21m

Mar 31 2021n/an/a

-NOK 19m

Dec 31 2020NOK 2mNOK 1m

-NOK 11m

Compensation vs Market: Ole's total compensation ($USD466.08K) is about average for companies of similar size in the US market ($USD661.70K).

Compensation vs Earnings: Ole's compensation has been consistent with company performance over the past year.

CEO

Ole Sivertsen

4.8yrs

Tenure

NOK 4,932,000

Compensation

Mr. Ole Kristian Sivertsen served as Chief Executive Officer at Desert Control AS since August 2019 and was its Director and served as its President. He serves as its Group Chief Executive Officer at Deser...

Leadership Team

NamePositionTenureCompensationOwnership
Ole Sivertsen
Chief Executive Officer4.8yrsNOK 4.93m0.22%
$ 79.4k
Jan Vader
Managing Director of Middle Eastless than a yearNOK 2.22mno data
Viggo Halseth
Chief Innovation Officer1.5yrsNOK 763.00k0.019%
$ 6.9k
Marty Weems
Managing Director of Americasless than a yearNOK 2.46mno data
Leonard Chaparian
Chief Financial Officerless than a yearno datano data
Tor Karlsen
Vice President of Production Systemsno dataNOK 1.81mno data

1.0yrs

Average Tenure

Experienced Management: DRTF.F's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Geir Hjellvik
Directorno dataNOK 100.00kno data
Knut Nesse
Chairman of the Board5.3yrsNOK 250.00k2.54%
$ 899.7k
Marit Oedegaard
Directorno dataNOK 100.00k0.056%
$ 19.8k
Maryne Lemvik
Director1.9yrsNOK 100.00kno data
James Thomas
Directorless than a yearno datano data

1.9yrs

Average Tenure

62yo

Average Age

Experienced Board: DRTF.F's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.