Kraft Bank Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Svein Forland
Chief executive officer
NOK 2.5m
Total compensation
| CEO salary percentage | 95.0% |
| CEO tenure | 6.7yrs |
| CEO ownership | 2.4% |
| Management average tenure | 6.7yrs |
| Board average tenure | no data |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | NOK 20m |
| Jun 30 2024 | n/a | n/a | NOK 20m |
| Mar 31 2024 | n/a | n/a | NOK 34m |
| Dec 31 2023 | NOK 2m | NOK 2m | NOK 42m |
| Sep 30 2023 | n/a | n/a | NOK 50m |
| Jun 30 2023 | n/a | n/a | NOK 50m |
| Mar 31 2023 | n/a | n/a | NOK 47m |
| Dec 31 2022 | NOK 3m | NOK 2m | NOK 46m |
| Sep 30 2022 | n/a | n/a | NOK 48m |
| Jun 30 2022 | n/a | n/a | NOK 51m |
| Mar 31 2022 | n/a | n/a | NOK 48m |
| Dec 31 2021 | NOK 3m | NOK 2m | NOK 46m |
| Sep 30 2021 | n/a | n/a | NOK 44m |
| Jun 30 2021 | n/a | n/a | NOK 36m |
| Mar 31 2021 | n/a | n/a | NOK 33m |
| Dec 31 2020 | NOK 3m | NOK 2m | NOK 27m |
| Sep 30 2020 | n/a | n/a | NOK 24m |
| Jun 30 2020 | n/a | n/a | NOK 21m |
| Mar 31 2020 | n/a | n/a | NOK 13m |
| Dec 31 2019 | NOK 2m | NOK 2m | NOK 8m |
| Sep 30 2019 | n/a | n/a | -NOK 724k |
| Jun 30 2019 | n/a | n/a | -NOK 8m |
| Mar 31 2019 | n/a | n/a | -NOK 10m |
| Dec 31 2018 | NOK 2m | NOK 1m | -NOK 11m |
Compensation vs Market: Svein's total compensation ($USD221.39K) is below average for companies of similar size in the German market ($USD471.55K).
Compensation vs Earnings: Svein's compensation has been consistent with company performance over the past year.
CEO
Svein Forland (55 yo)
6.7yrs
Tenure
NOK 2,456,795
Compensation
Mr. Svein Ivar Førland serves as Chief Executive Officer of Kraft Bank ASA since March 1, 2018 and serves as its General Manager. He served as Adm. Manager at Kraft Bank ASA.Mr. Førland served as the Chie...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & GM | 6.7yrs | NOK 2.46m | 2.38% € 771.2k | |
| Chief Financial Officer | 6.8yrs | NOK 1.80m | no data | |
| Chief Executive Officer of Customers and Market | no data | NOK 2.03m | no data | |
| Employee Representative Board Member & Director of Business Development and Support | less than a year | NOK 200.00k | no data |
6.7yrs
Average Tenure
Experienced Management: 709's management team is seasoned and experienced (6.7 years average tenure).