Nel ASA (0E4Q.L)

16.02 +0.05 (+0.33%) At close: 05:31PM BST

Nel ASA

Karenslyst allé 49
Oslo 0279
Norway
47 23 24 89 50
https://nelhydrogen.com

Sector(s): 
Industry: 
Full-time employees: 676

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Hakon Rypern Volldal	Chief Executive Officer	5.15M	N/A	1976
Mr. Kjell Christian Bjornsen	Chief Financial Officer	3.33M	N/A	N/A
Mr. Esa Laukkanen	Chief Operating Officer	3.02M	N/A	N/A
Mr. Marius Løken	Chief Technical Officer	2.97M	N/A	N/A
Mr. Stein Ove Erdal	Senior VP of Legal & General Counsel	2.7M	N/A	N/A
Mr. Hans H. Hide	Chief Project Officer of Electrolyser	2.55M	N/A	N/A
Mr. Robert Borin	Senior Vice President of Fueling Division	3.64M	N/A	N/A
Mr. Wilhelm Flinder	Head of Investor Relations	N/A	N/A	N/A
Mr. Lars Nermoen	Head of Communications	N/A	N/A	N/A
Ms. Anne Liberg	Chief Human Resources Officer	N/A	N/A	N/A

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

Description

Nel ASA, a hydrogen company, provides various solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally. The company operates in two segments, Nel Hydrogen Fueling and Nel Hydrogen Electrolyser. The Nel Hydrogen Fueling segment manufactures hydrogen fueling stations for fuel cell electric vehicles, such as cars, buses, trucks, and other on-road vehicles. The Nel Hydrogen Electrolyser segment supplies hydrogen production equipment based on alkaline and proton exchange membrane water electrolysis technology. It serves industries, energy, and gas companies. The company was formerly known as DiaGenic ASA and changed its name to Nel ASA in October 2014. Nel ASA was founded in 1927 and is headquartered in Oslo, Norway.

Corporate governance

Nel ASA’s ISS governance QualityScore as of 1 April 2024 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder rights: 1; Compensation: 6.

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 10 indicates higher governance risk.