Atea Management
Management criteria checks 3/4
Atea's CEO is Steinar Sonsteby, appointed in Jan 2014, has a tenure of 10.17 years. total yearly compensation is NOK18.70M, comprised of 26.7% salary and 73.3% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $1.49M. The average tenure of the management team and the board of directors is 9.6 years and 3.9 years respectively.
Key information
Steinar Sonsteby
Chief executive officer
kr18.7m
Total compensation
CEO salary percentage | 26.7% |
CEO tenure | 10.2yrs |
CEO ownership | 0.1% |
Management average tenure | 9.6yrs |
Board average tenure | 3.9yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | kr800m |
Sep 30 2023 | n/a | n/a | kr850m |
Jun 30 2023 | n/a | n/a | kr864m |
Mar 31 2023 | n/a | n/a | kr892m |
Dec 31 2022 | kr19m | kr5m | kr848m |
Sep 30 2022 | n/a | n/a | kr853m |
Jun 30 2022 | n/a | n/a | kr843m |
Mar 31 2022 | n/a | n/a | kr763m |
Dec 31 2021 | kr15m | kr5m | kr760m |
Sep 30 2021 | n/a | n/a | kr740m |
Jun 30 2021 | n/a | n/a | kr703m |
Mar 31 2021 | n/a | n/a | kr712m |
Dec 31 2020 | kr14m | kr4m | kr590m |
Sep 30 2020 | n/a | n/a | kr524m |
Jun 30 2020 | n/a | n/a | kr510m |
Mar 31 2020 | n/a | n/a | kr457m |
Dec 31 2019 | kr16m | kr4m | kr530m |
Sep 30 2019 | n/a | n/a | kr516m |
Jun 30 2019 | n/a | n/a | kr473m |
Mar 31 2019 | n/a | n/a | kr459m |
Dec 31 2018 | kr7m | kr4m | kr467m |
Sep 30 2018 | n/a | n/a | kr528m |
Jun 30 2018 | n/a | n/a | kr561m |
Mar 31 2018 | n/a | n/a | kr561m |
Dec 31 2017 | kr25m | kr4m | kr543m |
Compensation vs Market: Steinar's total compensation ($USD1.75M) is below average for companies of similar size in the US market ($USD5.09M).
Compensation vs Earnings: Steinar's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Steinar Sonsteby (61 yo)
10.2yrs
Tenure
kr18,700,000
Compensation
Mr. Steinar Sonsteby has been the Chief Executive Officer of Atea ASA since February 2014 and served as its President and Acting Managing Director of Atea Norway AS until March 11, 2016. He is Board Member...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | 10.2yrs | kr18.70m | 0.11% NOK 1.5m | |
Chief Financial Officer | 9.6yrs | kr7.60m | 0.11% NOK 1.5m | |
Chief Operating Officer | 13.2yrs | kr10.80m | 0.013% NOK 166.9k | |
Managing Director of Atea Finland OY (Finland) | 15.8yrs | kr7.34m | 0.000060% NOK 795.4 | |
Managing Director of Atea Baltic UAB (the Baltics) | no data | kr5.24m | 0.15% NOK 2.0m | |
Managing Director of Atea Denmark | 4.2yrs | kr6.06m | 0.000030% NOK 397.7 | |
Managing Director of Atea Sverige AB - Sweden | 3.2yrs | kr5.16m | 0.000050% NOK 662.8 | |
Managing Director | 2.5yrs | kr4.60m | 0.0014% NOK 18.3k | |
Group Chief Accountant | no data | no data | no data | |
Group Controller | no data | no data | no data | |
Director of Business Control | no data | no data | no data |
9.6yrs
Average Tenure
55yo
Average Age
Experienced Management: ATAZ.F's management team is seasoned and experienced (9.6 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Director | less than a year | no data | no data | |
Independent Director | 13.9yrs | kr350.00k | no data | |
Alternate Director | no data | no data | no data | |
Deputy Director | 3.9yrs | kr33.33k | 0.000050% NOK 662.8 | |
Independent Chairman of the Board | 15.9yrs | kr300.00k | 0.012% NOK 154.3k | |
Independent Director | 10.8yrs | kr300.00k | no data | |
Independent Director | 8.9yrs | kr200.00k | no data | |
Deputy Board Member | 5.8yrs | no data | no data | |
Director | less than a year | no data | no data | |
Employee Elected Director | 3.9yrs | kr150.00k | 0.000030% NOK 397.7 | |
Employee Elected Director | 1.8yrs | no data | 0.000030% NOK 397.7 | |
Employee Elected Director | 1.8yrs | no data | no data |
3.9yrs
Average Tenure
57yo
Average Age
Experienced Board: ATAZ.F's board of directors are considered experienced (3.9 years average tenure).