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Kongsberg Gruppen ASA (KOG.OL)

Oslo - Oslo Delayed Price. Currency in NOK
394.60-3.40 (-0.85%)
As of 11:31AM CET. Market open.
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Kongsberg Gruppen ASA

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

Sector(s)Industrials
IndustryAerospace & Defense
Full Time Employees11,766

Key Executives

NameTitlePayExercisedYear Born
Mr. Geir HaoyPres & CEO9.8MN/A1966
Ms. Gyrid Skalleberg IngeroCFO and Group Exec. VP of Compliance & Property5.2MN/A1967
Mr. Christian KardeGroup Exec. VP, Gen. Counsel & Chief of Staff3.77MN/A1968
Mr. Eirik LieExec. VP and Pres of Kongsberg Defense & Aerospace5.75MN/A1966
Mr. Even AasGroup Exec. VP of Public Affairs, Communication & Sustainability3.68MN/A1961
Mr. Iver Christian OlerudGroup Exec. VP Strategy & Bus. Devel.3.91MN/A1976
Ms. Kristin Søia BarkostVP of AccountingN/AN/A1954
Mr. Jan Erik Julseth HoffGroup VP of Investor RelationsN/AN/AN/A
Mr. Ronny LieChief Communication OfficerN/AN/AN/A
Ms. Lisa Edvardsen HauganExec. VP & Pres of Kongsberg MaritimeN/AN/AN/A
Amounts are as of December 31, 2021 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 (KM), and Kongsberg Defence & Aerospace(KDA), and Kongsberg Digital (KDI). The KM 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; hydro-acoustics; 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 KDA segment offers various systems and services to the defense industry. It offers 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 provides components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The KDI segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. The company operates primarily in Norway, Europe, North America, South America, Asia, Australia, and 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 January 28, 2023 is 2. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 1; 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.
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