SpareBank 1 Sør-Norge Management

Management criteria checks 2/4

SpareBank 1 Sør-Norge's CEO is Inge Reinertsen, appointed in Feb 2010, has a tenure of 14.67 years. directly owns 0.043% of the company’s shares, worth €1.30M. The average tenure of the management team and the board of directors is 4.4 years and 6 years respectively.

Key information

Inge Reinertsen

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	14.7yrs
CEO ownership	0.04%
Management average tenure	4.4yrs
Board average tenure	6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Inge Reinertsen's remuneration changed compared to SpareBank 1 Sør-Norge's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	NOK 5b
Mar 31 2024	n/a	n/a	NOK 5b
Dec 31 2023	n/a	n/a	NOK 4b
Sep 30 2023	n/a	n/a	NOK 4b
Jun 30 2023	n/a	n/a	NOK 4b
Mar 31 2023	n/a	n/a	NOK 3b
Dec 31 2022	n/a	n/a	NOK 3b
Sep 30 2022	n/a	n/a	NOK 3b
Jun 30 2022	n/a	n/a	NOK 3b
Mar 31 2022	n/a	n/a	NOK 3b
Dec 31 2021	NOK 4m	NOK 2m	NOK 3b
Sep 30 2021	n/a	n/a	NOK 3b
Jun 30 2021	n/a	n/a	NOK 3b
Mar 31 2021	n/a	n/a	NOK 2b
Dec 31 2020	NOK 3m	NOK 2m	NOK 2b
Sep 30 2020	n/a	n/a	NOK 1b
Jun 30 2020	n/a	n/a	NOK 1b
Mar 31 2020	n/a	n/a	NOK 2b
Dec 31 2019	NOK 4m	NOK 2m	NOK 3b
Sep 30 2019	n/a	n/a	NOK 3b
Jun 30 2019	n/a	n/a	NOK 3b
Mar 31 2019	n/a	n/a	NOK 3b
Dec 31 2018	NOK 4m	NOK 2m	NOK 2b
Sep 30 2018	n/a	n/a	NOK 2b
Jun 30 2018	n/a	n/a	NOK 2b
Mar 31 2018	n/a	n/a	NOK 2b
Dec 31 2017	NOK 4m	NOK 2m	NOK 2b

Compensation vs Market: Insufficient data to establish whether Inge's total compensation is reasonable compared to companies of similar size in the German market.

Compensation vs Earnings: Inge's compensation has increased by more than 20% in the past year.

CEO

Inge Reinertsen (53 yo)

14.7yrs

Tenure

NOK 4,305,000

Compensation

Mr. Inge Reinertsen is Chief Financial Officer of SpareBank 1 SR-Bank ASA from February 01, 2010 and also serves as CEO Since September 16, 2024. Mr. Inge Reinertsen has a degree in Business Administration...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Inge Reinertsen	CFO & CEO	14.7yrs	NOK 4.31m	0.043% NOK 1.3m
Glenn Sæther	Executive Vice President of Technology Development & Business Processes	2.6yrs	NOK 4.06m	0.013% NOK 399.1k
Signe Helliesen	Executive Vice President of Compliance	5.8yrs	NOK 2.24m	0.0015% NOK 45.7k
Nina Edvardsen	Executive Vice President of People	2.9yrs	NOK 2.21m	0.0045% NOK 135.7k
Ella Skjorestad	Executive Vice President of Marketing	6.7yrs	NOK 2.80m	0.0049% NOK 145.0k
Tore Medhus	Executive Vice President of Large Corporates	24.1yrs	NOK 4.18m	0.024% NOK 730.3k
Jan Friestad	Executive Vice President of Corporate Strategy & Projects	3yrs	NOK 3.38m	0.021% NOK 626.6k
Frode Bø	Executive Vice President of Risk Management	18.8yrs	NOK 3.84m	0.0071% NOK 211.9k
Roger Lund Antonesen	Executive Vice President of Retail Market	2.8yrs	NOK 3.68m	0.0013% NOK 37.7k
Marianne Bakke	Executive Vice President of SME & Agriculture	3.1yrs	NOK 1.97m	0.0017% NOK 49.6k
Morten Forgaard	Vice President of Investor Relations	no data	no data	no data
Nils Hegrestad	Director of Credit and Legal	no data	no data	no data

4.4yrs

Average Tenure

52.5yo

Average Age

Experienced Management: B4M1's management team is considered experienced (4.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Dag Mejdell	Independent Chairman	8.3yrs	NOK 692.00k	0.016% NOK 486.7k
Trine Romuld	Independent Director	4.5yrs	NOK 327.00k	0.0015% NOK 45.1k
Sally Lund-Andersen	Employee Representative Director	12.8yrs	NOK 1.34m	0.0015% NOK 45.1k
Jan Skogseth	Independent Director	7.5yrs	NOK 332.00k	0.0038% NOK 113.3k
Kjetil Skjæveland	Director	2.5yrs	no data	0.00076% NOK 22.7k
Camilla Aldona Tepfers	Independent Director	2.5yrs	no data	no data
Kate Henriksen	Independent Director	9.3yrs	NOK 355.00k	0.00057% NOK 17.0k
Eirik Elholm	Employee Representative Director	less than a year	no data	no data

6.0yrs

Average Tenure

59.5yo

Average Age

Experienced Board: B4M1's board of directors are considered experienced (6 years average tenure).

SpareBank 1 Sør-Norge Management

Management criteria checks 2/4

Key information

Recent management updates

SpareBank 1 SR-Bank ASA Announces CEO Changes

SpareBank 1 SR-Bank ASA, Annual General Meeting, Apr 24, 2025

SpareBank 1 SR-Bank ASA Announces Benedicte Schilbred Fasmer Resigns as CEO

SpareBank 1 SR-Bank ASA, Annual General Meeting, Apr 13, 2023

SpareBank 1 SR-Bank ASA Elects Camilla AC Tepfers and Kjetil Skjæveland as new Board Members

Insufficient new directors

Recent updates

SpareBank 1 SR-Bank ASA Announces CEO Changes

SpareBank 1 SR-Bank ASA, Annual General Meeting, Apr 24, 2025

SpareBank 1 SR-Bank ASA to Report Q1, 2025 Results on May 08, 2025

Now 23% undervalued after recent price drop

SpareBank 1 SR-Bank ASA Announces Benedicte Schilbred Fasmer Resigns as CEO

Now 20% undervalued

First quarter 2024 earnings released: EPS: kr4.26 (vs kr3.61 in 1Q 2023)

SpareBank 1 SR-Bank ASA Approves Extraordinary Dividend

SpareBank 1 SR-Bank ASA Approves Dividend for the Year 2023, Payable on 26 April 2024

Upcoming dividend of kr7.50 per share

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: kr16.27 (vs kr12.88 in FY 2022)

New minor risk - Shareholder dilution

Third quarter 2023 earnings released: EPS: kr11.15 (vs kr3.16 in 3Q 2022)

SpareBank 1 SR-Bank ASA (OB:SRBNK) agreed to acquire SpareBank 1 Sørøst-Norge (OB:SOON).

SpareBank 1 SR-Bank ASA to Report Fiscal Year 2023 Results on Mar 21, 2024

SpareBank 1 SR-Bank ASA to Report Q3, 2024 Results on Oct 31, 2024

First quarter 2023 earnings released

Upcoming dividend of kr7.00 per share at 5.8% yield

Full year 2022 earnings released: EPS: kr12.88 (vs kr12.08 in FY 2021)

Full year 2022 earnings released: EPS: kr12.88 (vs kr12.08 in FY 2021)

SpareBank 1 SR-Bank ASA Proposes Dividend for 2022

SpareBank 1 SR-Bank ASA (OB:SRBNK) announces an Equity Buyback for NOK 38.39 million worth of its shares.

Third quarter 2022 earnings released: EPS: kr3.16 (vs kr2.80 in 3Q 2021)

SpareBank 1 SR-Bank ASA to Report Q3, 2023 Results on Oct 26, 2023

SpareBank 1 SR-Bank ASA, Annual General Meeting, Apr 13, 2023

SpareBank 1 SR-Bank ASA (OB:SRBNK) entered into a agreement to acquire High Yield and ECM of Swedbank from Swedbank AB (publ) (OM:SWED A).

SpareBank 1 SR-Bank ASA Elects Camilla AC Tepfers and Kjetil Skjæveland as new Board Members

Now 21% undervalued after recent price drop

Insufficient new directors

Upcoming dividend of kr6.00 per share

Full year 2021 earnings released: EPS: kr12.08 (vs kr5.87 in FY 2020)

SpareBank 1 SR-Bank ASA to Report Fiscal Year 2021 Final Results on Apr 06, 2022

Now 22% undervalued after recent price drop

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

SpareBank 1 SR-Bank ASA Proposes Dividend for the 2021 Financial Year

Executive Vice President of Retail Market Jan Friestad has left the company

Executive Vice President of HR recently bought €133k worth of stock

Second quarter 2021 earnings released: EPS kr3.13 (vs kr0.91 in 2Q 2020)

First quarter 2021 earnings released

SpareBank 1 SR-Bank ASA Announces Impairment Charges for the First Quarter of 2021

Full year 2020 earnings released: EPS kr6.22 (vs kr12.22 in FY 2019)

New 90-day high: €9.98

Chairman of the Board recently bought €47k worth of stock

Full year 2020 earnings released: EPS kr6.22 (vs kr12.22 in FY 2019)

Insider recently sold €6.6k worth of stock

Insider recently sold €6.6k worth of stock

New 90-day high: €8.97

Third quarter earnings released

Third-quarter earnings released: Revenue beats expectations

New 90-day high: €7.49

Sparebank 1 SR-Bank ASA Announces Executive Changes

Earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age