Nordnet Management

Management criteria checks 3/4

Nordnet's CEO is Lars-Ake Norling, appointed in Sep 2019, has a tenure of 5.17 years. total yearly compensation is SEK10.60M, comprised of 73.6% salary and 26.4% bonuses, including company stock and options. directly owns 0.51% of the company’s shares, worth €24.47M. The average tenure of the management team and the board of directors is 4.5 years and 2.8 years respectively.

Key information

Lars-Ake Norling

Chief executive officer

SEK 10.6m

Total compensation

CEO salary percentage73.6%
CEO tenure5.2yrs
CEO ownership0.5%
Management average tenure4.5yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Lars-Ake Norling's remuneration changed compared to Nordnet's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 3b

Jun 30 2024n/an/a

SEK 3b

Mar 31 2024n/an/a

SEK 3b

Dec 31 2023SEK 11mSEK 8m

SEK 2b

Sep 30 2023n/an/a

SEK 2b

Jun 30 2023n/an/a

SEK 2b

Mar 31 2023n/an/a

SEK 2b

Dec 31 2022SEK 10mSEK 7m

SEK 2b

Sep 30 2022n/an/a

SEK 2b

Jun 30 2022n/an/a

SEK 2b

Mar 31 2022n/an/a

SEK 2b

Dec 31 2021SEK 10mSEK 7m

SEK 2b

Compensation vs Market: Lars-Ake's total compensation ($USD958.34K) is below average for companies of similar size in the German market ($USD3.63M).

Compensation vs Earnings: Lars-Ake's compensation has been consistent with company performance over the past year.


CEO

Lars-Ake Norling (56 yo)

5.2yrs

Tenure

SEK 10,600,000

Compensation

Mr. Lars-Ake Valdemar Norling has been the CEO of Nordnet AB (publ) since September 1, 2019. Mr. Norling is the Chief Executive Officer of Nordnet Bank AB since September 1, 2019. He has been an Independen...


Leadership Team

NamePositionTenureCompensationOwnership
Lars-Ake Norling
Chief Executive Officer5.2yrsSEK 10.60m0.51%
€ 24.5m
Rasmus Jarborg
Deputy CEO & Chief Product Officer6.1yrsSEK 4.60m0.072%
€ 3.5m
Lennart Kran
Chief Financial Officer5.8yrsno data0.0028%
€ 133.5k
Elias Lindholm
Chief Technology Officer3.8yrsno datano data
Marcus Lindberg
Head of Investor Relations2.5yrsno datano data
Johan Tidestad
Chief Communications Officer12.8yrsno data0.0032%
€ 153.8k
Carina Tovi
Chief Human Resources Officer3.8yrsno data0.0040%
€ 192.5k
Per Lindberg
CEO Nordnet Pensionsforsakring1.8yrsno datano data

4.5yrs

Average Tenure

52yo

Average Age

Experienced Management: 9JL's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tom Dinkelspiel
Independent Chairman of the Board17.8yrsSEK 700.00k1.95%
€ 94.2m
Fredrik Bergstrom
Independent Director2.1yrsSEK 500.00kno data
Charlotta Nilsson
Independent Director3.6yrsSEK 600.00kno data
Karitha Ericson
Independent Director5.8yrsSEK 600.00k0.040%
€ 1.9m
Therese Hillman
Directorless than a yearno datano data
Johan Akerblom
Directorless than a yearno datano data
Anna Back
Independent Director4.6yrsSEK 500.00k0.046%
€ 2.2m
Henrik Rattzen
Independent Director2.1yrsSEK 500.00k0.0013%
€ 62.4k

2.8yrs

Average Tenure

53yo

Average Age

Experienced Board: 9JL's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.