Herbjorn Hansson - Nordic American Chairman
| NAT Stock | USD 2.51 0.01 0.40% |
Chairman
Mr. Herbjorn Hansson is the Chairman of the Board, President, Chief Executive Officer of the Company. He earned his M.B.A. at the Norwegian School of Economics and Business Administration and attended Harvard Business School. In 1974 he was employed by the Norwegian Shipowners Association. In the period from 1975 to 1980, he was Chief Economist and Research Manager of INTERTANKO, an industry association whose members control about 70 percent of the world independently owned tanker fleet, excluding state owned and oil company fleets. During the 1980s, he was Chief Financial Officer of KosmosAnders Jahre, at the time one of the largest Norwegian based shipping and industry groups. In 1989, Mr. Hansson founded Ugland Nordic Shipping AS, or UNS, which became one of the world largest owners of specialized shuttle tankers. He served as Chairman in the first phase and as Chief Executive Officer as from 1993 to 2001 when UNS, under his management, was sold to Teekay Shipping Corporationrationration, or Teekay, for an enterprise value of 780.0 million. He continued to work with Teekay, and reached the position of Vice Chairman of Teekay Norway AS, until he started working fulltime for the Company on September 1, 2004. Mr. Hansson is the founder and was Chairman and Chief Executive Officer of the Company since its establishment in 1995. He also was a member of various governing bodies of companies within shipping, insurance, banking, manufacturing, nationalinternational shipping agencies including classification societies and protection and indemnity associations. Mr. Hansson is fluent in Norwegian and English, and has a command of German and French for conversational purposes. since 2021.
| Age | 76 |
| Tenure | 3 years |
| Address | Swan Building, Hamilton, Bermuda, HM12 |
| Phone | 441 292 7202 |
| Web | https://www.nat.bm |
Nordic American Management Efficiency
The company has Return on Asset of 0.0655 % which means that on every $100 spent on assets, it made $0.0655 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1144 %, implying that it generated $0.1144 on every 100 dollars invested. Nordic American's management efficiency ratios could be used to measure how well Nordic American manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.12 in 2024. Return On Capital Employed is likely to gain to 0.17 in 2024. At this time, Nordic American's Total Current Liabilities is comparatively stable compared to the past year. Non Current Liabilities Other is likely to gain to about 933.6 K in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 829.9 M in 2024.Similar Executives
| Found 8 records | CHAIRMAN Age | ||
| Aristides Pittas | Euroseas | 64 | |
| Michael Gross | Global Ship Lease | 59 | |
| James Dolphin | Genco Shipping Trading | 52 | |
| John Coustas | Danaos | 68 | |
| Georgios Youroukos | Global Ship Lease | 59 | |
| Arthur Regan | Genco Shipping Trading | 57 | |
| Simeon Palios | Diana Shipping | 78 | |
| Konstantinos Konstantakopoulos | Costamare | 55 | |
Management Performance
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0655 |
Nordic American Tankers Leadership Team
Elected by the shareholders, the Nordic American's board of directors comprises two types of representatives: Nordic American inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nordic. The board's role is to monitor Nordic American's management team and ensure that shareholders' interests are well served. Nordic American's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nordic American's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jan Mller, Head Manager | ||
| David Workman, Non-Executive Director | ||
| Erik Tomstad, Executive Chartering | ||
| Richard Vietor, Non-Executive Director | ||
| Herbjorn Hansson, Chairman of the Board, President, Chief Executive Officer | ||
| Jim Kelly, Independent Non-Executive Vice Chairman of the Board | ||
| Alexander Hansson, Non-Executive Director | ||
| Bjorn Giaever, Chief Financial Officer, Secretary |
Nordic Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Nordic American a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0655 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 763.42 M | ||||
| Shares Outstanding | 208.8 M | ||||
| Shares Owned By Insiders | 3.31 % | ||||
| Shares Owned By Institutions | 42.03 % | ||||
| Number Of Shares Shorted | 9.74 M | ||||
| Price To Earning | 10.36 X |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Nordic Stock Analysis
When running Nordic American's price analysis, check to measure Nordic American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordic American is operating at the current time. Most of Nordic American's value examination focuses on studying past and present price action to predict the probability of Nordic American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic American's price. Additionally, you may evaluate how the addition of Nordic American to your portfolios can decrease your overall portfolio volatility.