Advertisement
U.S. markets close in 4 hours 51 minutes

Kongsberg Gruppen ASA (KOG.OL)

Oslo - Oslo Delayed Price. Currency in NOK
749.50+2.50 (+0.33%)
At close: 01:08PM CET

Kongsberg Gruppen ASA

Kirkegårdsveien 45
Kongsberg 3616
Norway
47 32 28 82 00
https://www.kongsberg.com

Sector(s)Industrials
IndustryAerospace & Defense
Full Time Employees13,086

Key Executives

NameTitlePayExercisedYear Born
Mr. Geir HaoyPresident & CEO10.02MN/A1966
Mr. Christian KardeGroup Executive VP, General Counsel & Chief of Staff3.98MN/A1968
Mr. Iver Christian OlerudGroup Executive Vice President of Corporate Development4.28MN/A1976
Mr. Eirik LieExecutive VP and President of Kongsberg Defense & Aerospace5.76MN/A1966
Mr. Even AasGroup Executive Vice President of Public Affairs, Communication & Sustainability4.19MN/A1961
Ms. Lisa Edvardsen HauganExecutive VP & President of Kongsberg Maritime3.94MN/AN/A
Ms. Mette Toft BjorgenCFO & Group Executive VPN/AN/A1975
Ms. Kristin Søia BarkostVice President of AccountingN/AN/A1954
Mr. Jan Erik Julseth HoffGroup Vice President of Investor RelationsN/AN/AN/A
Mr. Ronny LieChief Communication OfficerN/AN/AN/A
Amounts are as of December 31, 2022 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 NOK.

Description

Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and South Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.

Corporate Governance

Kongsberg Gruppen ASA’s ISS Governance QualityScore as of March 1, 2024 is 5. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 6; Compensation: 7.

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.