Sigurd E Thorvildsen of Norway’s Awilhelmsen has become one of shipping’s best paid executives. Last year, his total remuneration from the diversified company totalled NOK 58m ($6.8m), up NOK 17m since 2015.
Awilhelmsen enjoyed a very profitable year in 2016, which is reflected in Thorvildsen’s salary. The privately-owned group logged a pre-tax profit of NOK 1.459bn, compared with a NOK 376m profit in 2015.
