Kongsberg Automotive ASA (KGAUF)

0.1400 +0.0154 (+12.36%) At close: 11:35AM EDT

Kongsberg Automotive ASA

Dyrmyrgata 48
Kongsberg 3611
Norway
47 32 77 05 00
https://www.kongsbergautomotive.com

Sector(s): Consumer Cyclical
Industry: Auto Parts
Full-time employees: 5,090

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Linda Nyquist-Evenrud	President & CEO	313.91k	N/A	N/A
Dr. Christian Amsel	Chief Technology Officer	824.23k	N/A	N/A
Mr. Jon G. Munthe	General Counsel	258.7k	N/A	N/A
Mr. David Redfearn	Chief Sales Officer	347.04k	N/A	N/A
Mr. Robert Pigg	EVP-Drive Control Systems	553.63k	N/A	N/A
Mr. Dzeki Mackinovski	Executive Vice President of Purchasing	400.11k	N/A	1965
Siw Reidun Waeras	Quality & HSE Manager of Couplings Business Unit and Employee Representative Director	14.9k	N/A	N/A
Mr. Christian Johansson	Chief Financial Officer	N/A	N/A	1963
Mr. Mads Langaard	Head of Investor Relations	N/A	N/A	N/A
Mr. Oscar Jaeger	Chief Human Resources Officer and Executive VP of People & Culture	N/A	N/A	N/A

Amounts are as of 31 December 2022, 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 USD.

Description

Kongsberg Automotive ASA develops, manufactures, and sells products to the automotive industry worldwide. The company operates through Powertrain & Chassis and Specialty Products segments. The Powertrain & Chassis segment designs, manufactures, and tests custom-engineered cable controls and shift systems, clutch actuation systems, vehicle dynamics, shift cables, and shift towers for transmissions. The Specialty Products segment offers fluid handling systems; couplings systems for compressed-air circuits in heavy-duty vehicles; and operator control systems for power sports construction, agriculture, outdoor power equipment, and power electronics products. It serves OEMs and Tier 1 suppliers in the automotive, commercial vehicle, passenger car, and off-highway markets. The company was formerly known as Kongsberg Automotive Holding ASA and changed its name to Kongsberg Automotive ASA in August 2014. Kongsberg Automotive ASA was founded in 1957 and is based in Kongsberg, Norway.

Corporate governance

Kongsberg Automotive ASA’s ISS governance QualityScore as of 1 June 2024 is 6. The pillar scores are Audit: 5; Board: 3; Shareholder rights: 1; Compensation: 10.

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.