Norsk Hydro Management

Management criteria checks 3/4

Norsk Hydro's CEO is Eivind Kallevik, appointed in Feb 2013, has a tenure of 12.25 years. total yearly compensation is NOK13.62M, comprised of 50.1% salary and 49.9% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth $512.13K. The average tenure of the management team and the board of directors is 4.1 years and 3 years respectively.

Key information

Eivind Kallevik

Chief executive officer

NOK 13.6m

Total compensation

CEO salary percentage50.1%
CEO tenure12.3yrs
CEO ownership0.005%
Management average tenure4.1yrs
Board average tenure3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eivind Kallevik's remuneration changed compared to Norsk Hydro's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

NOK 10b

Dec 31 2024NOK 14mNOK 7m

NOK 6b

Sep 30 2024n/an/a

NOK 1b

Jun 30 2024n/an/a

NOK 191m

Mar 31 2024n/an/a

NOK 3b

Dec 31 2023NOK 10mNOK 5m

NOK 4b

Sep 30 2023n/an/a

NOK 6b

Jun 30 2023n/an/a

NOK 14b

Mar 31 2023n/an/a

NOK 20b

Dec 31 2022NOK 8mNOK 4m

NOK 24b

Sep 30 2022n/an/a

NOK 31b

Jun 30 2022n/an/a

NOK 25b

Mar 31 2022n/an/a

NOK 16b

Dec 31 2021NOK 8mNOK 4m

NOK 12b

Sep 30 2021n/an/a

NOK 12b

Jun 30 2021n/an/a

NOK 11b

Mar 31 2021n/an/a

NOK 7b

Dec 31 2020NOK 6mNOK 4m

NOK 4b

Sep 30 2020n/an/a

-NOK 3b

Jun 30 2020n/an/a

-NOK 5b

Mar 31 2020n/an/a

-NOK 3b

Dec 31 2019NOK 7mNOK 4m

-NOK 2b

Sep 30 2019n/an/a

-NOK 2b

Jun 30 2019n/an/a

-NOK 19m

Mar 31 2019n/an/a

NOK 2b

Dec 31 2018NOK 7mNOK 4m

NOK 4b

Compensation vs Market: Eivind's total compensation ($USD1.30M) is below average for companies of similar size in the US market ($USD14.44M).

Compensation vs Earnings: Eivind's compensation has increased by more than 20% in the past year.


CEO

Eivind Kallevik (57 yo)

12.3yrs

Tenure

NOK 13,616,000

Compensation

Mr. Eivind Kallevik serves as Member of Corporate Management Board at Norsk Hydro ASA since February 15, 2013 and serves as its President and Chief Executive Officer since May 13, 2024. He served as Execut...


Leadership Team

NamePositionTenureCompensationOwnership
Eivind Kallevik
CEO, President & Member of Corporate Management Board12.3yrsNOK 13.62m0.0050%
$ 512.1k
Trond Christophersen
Executive VP2.5yrsNOK 8.46m0.00077%
$ 79.5k
Anne-Lene Midseim
Executive VP of Compliance10.3yrsNOK 7.22m0.0026%
$ 269.5k
Hanne Simensen
Executive VP of Hydro Aluminium Metal & Member of Corporate Management Board1yrNOK 7.67mno data
John Thuestad
Executive VP of Hydro Bauxite & Alumina and Member of Corporate Management Board6.9yrsNOK 16.26m0.0047%
$ 488.4k
Hilde Nordh
Executive VP of People & HSE and Member of Corporate Management Board6.3yrsNOK 5.81m0.0022%
$ 230.3k
Paul Warton
Executive VP of Hydro Extrusions & Member of Corporate Management Board4.3yrsNOK 17.85m0.0018%
$ 189.0k
Therese Holm
Executive VP of Communication & Public Affairs and Member of Corporate Management Board4yrsNOK 4.49m0.00045%
$ 46.5k
Kari Thorud
Executive VP of Hydro Energy & Member of Corporate Management Boardless than a yearNOK 5.26mno data
Peik Norenberg
Head of Corporate Financeno datano datano data
Martine Hagen
Head of Investor Relations2yrsno datano data
Erik Fossum
Head of Precision Tubing Hydro Extrusionsno datano datano data

4.1yrs

Average Tenure

55.5yo

Average Age

Experienced Management: NHYD.Y's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Gerald Kukielski
Independent Director6yrsNOK 684.00k0.00041%
$ 42.3k
Espen Gundersen
Independent Director1yrNOK 383.00k0.00051%
$ 52.7k
Rune Bjerke
Independent Chairman of the Board4.9yrsNOK 895.00k0.0014%
$ 139.4k
Marianne Wiinholt
Independent Director9yrsNOK 903.00kno data
Jane Toogood
Independent Director1yrNOK 460.00k0.000050%
$ 5.2k
Bjorn Moxnes
Employee Representative Director3yrsNOK 591.00k0.000040%
$ 4.1k
Arve Baade
Employee Representative Director6.6yrsNOK 530.00k0.00033%
$ 34.1k
Kristin Kragseth
Independent Deputy Chair3yrsNOK 569.00k0.000060%
$ 6.2k
Philip New
Independent Director3yrsNOK 851.00k0.000040%
$ 4.1k
Margunn Sundve
Employee Representative Director3yrsNOK 424.00k0.000050%
$ 5.2k
Torleif Sand
Employee Representative Director3yrsNOK 424.00k0%
$ 0

3.0yrs

Average Tenure

59yo

Average Age

Experienced Board: NHYD.Y's board of directors are considered experienced (3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/01 11:26
End of Day Share Price 2025/05/01 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Norsk Hydro ASA is covered by 43 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Thomas LorckArctic Securities ASA
Amos FletcherBarclays