Arendals Fossekompani ASA (5VZ.F)

15.90 +0.80 (+5.30%) At close: 05:27PM CEST

Arendals Fossekompani ASA

Langbryggen 9
Arendal 4841
Norway
47 37 23 44 00
https://arendalsfossekompani.no

Sector(s): Industrials
Industry: Conglomerates
Full Time Employees: 2,670

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Benjamin Kristoffer Golding	Chief Executive Officer	320.29k	N/A	1980
Mr. Lars Peder Fensli	Executive VP & CFO	345.94k	N/A	N/A
Mr. Torkil Sigurd Mogstad	Executive Vice President	228.63k	N/A	1958
Ms. Ingunn Ettestol	Chief Sustainability Officer	195.89k	N/A	1973
Mr. Hakon Tanem	Executive Vice President	224.1k	N/A	N/A
Ms. Ann-Kari Amundsen Heier	Executive Vice President	167.01k	N/A	1966
Mr. Preben Trondal Nilsen	Head of Accounting	N/A	N/A	N/A
Hanne Nyborg Watts	Vice President of Communication & Sustainability	N/A	N/A	N/A
Kari-Anne Slaaen	Vice President of People & Culture	N/A	N/A	N/A
Mr. Bjørn Eldar Petersen	Chief Executive Officer of EFD Induction	262.41k	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Arendals Fossekompani ASA, an industrial investment company, owns and operates hydropower plants in Norway, rest of Europe, Asia, and North America. The company operates through Hydropower, Group Management, Volue, NSSL Global, ENRX, Tekna, Property, and Alytic segments. It also provides software solutions, systems, and market insight that optimize production, trading, distribution, and consumption of energy, as well as infrastructure and construction projects. In addition, the company manufactures and sells materials for 3D printing for the aerospace, medical, and automotive sectors; and nanomaterials for electronics and batteries industries, as well as offers satellite communications and IT solutions. Further, it delivers green power technology based on induction technology; offers voice and data services; and owns and develops various properties. Arendals Fossekompani is an energy company that mainly delivers energy using natural resources such as water, though it also invests in other assets. Arendals Fossekompani ASA was founded in 1896 and is headquartered in Arendal, Norway.

Corporate Governance

Arendals Fossekompani ASA’s ISS Governance QualityScore as of May 1, 2024 is 3. The pillar scores are Audit: 3; Board: 6; Shareholder Rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.