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Kongsberg Gruppen ASA (NSKFF)

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At close: 9:31AM EDT

Kongsberg Gruppen ASA

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

Sector(s)Industrials
IndustryAerospace & Defense
Full Time Employees10,896

Key Executives

NameTitlePayExercisedYear Born
Mr. Geir HaoyPres & CEO1.05MN/A1966
Ms. Gyrid Skalleberg IngeroCFO and Group Exec. VP of Compliance & Property564.02kN/A1967
Mr. Christian KardeGroup Exec. VP & Gen. Counsel298.04kN/A1968
Mr. Hans Petter BlokkumGroup Exec. VP of HR & Security466.81kN/A1962
Mr. Eirik LieExec. VP and Pres of Kongsberg Defense & Aerospace601.48kN/A1961
Mr. Even AasGroup Exec. VP of Public Affairs, Communication & Sustainability342.48kN/A1961
Mr. Egil HaugsdalExec. VP & Pres of Kongsberg Maritime775.99kN/A1961
Ms. Hege SkrysethExec. VP & Pres of Kongsberg Digital540.28kN/A1967
Mr. Iver Christian OlerudGroup Exec. VP Strategy & Bus. Devel.310.53kN/A1976
Ms. Kristin Søia BarkostVP of AccountingN/AN/A1954
Amounts are as of December 31, 2020 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 USD.

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 in two segments, Kongsberg Maritime, and Kongsberg Defence & Aerospace. The Kongsberg Maritime segment supplies solutions, systems, products, and services to various maritime markets and maritime vessel segments. It 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 various systems and services to the defense industry. It offers air defense systems, 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 aircrafts. This segment also provides components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. 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 July 1, 2021 is 2. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 1; Compensation: 8.

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.