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 percentage | 73.6% |
CEO tenure | 5.2yrs |
CEO ownership | 0.5% |
Management average tenure | 4.5yrs |
Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | SEK 3b |
Jun 30 2024 | n/a | n/a | SEK 3b |
Mar 31 2024 | n/a | n/a | SEK 3b |
Dec 31 2023 | SEK 11m | SEK 8m | SEK 2b |
Sep 30 2023 | n/a | n/a | SEK 2b |
Jun 30 2023 | n/a | n/a | SEK 2b |
Mar 31 2023 | n/a | n/a | SEK 2b |
Dec 31 2022 | SEK 10m | SEK 7m | SEK 2b |
Sep 30 2022 | n/a | n/a | SEK 2b |
Jun 30 2022 | n/a | n/a | SEK 2b |
Mar 31 2022 | n/a | n/a | SEK 2b |
Dec 31 2021 | SEK 10m | SEK 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | 5.2yrs | SEK 10.60m | 0.51% € 24.5m | |
Deputy CEO & Chief Product Officer | 6.1yrs | SEK 4.60m | 0.072% € 3.5m | |
Chief Financial Officer | 5.8yrs | no data | 0.0028% € 133.5k | |
Chief Technology Officer | 3.8yrs | no data | no data | |
Head of Investor Relations | 2.5yrs | no data | no data | |
Chief Communications Officer | 12.8yrs | no data | 0.0032% € 153.8k | |
Chief Human Resources Officer | 3.8yrs | no data | 0.0040% € 192.5k | |
CEO Nordnet Pensionsforsakring | 1.8yrs | no data | no data |
4.5yrs
Average Tenure
52yo
Average Age
Experienced Management: 9JL's management team is considered experienced (4.5 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Chairman of the Board | 17.8yrs | SEK 700.00k | 1.95% € 94.2m | |
Independent Director | 2.1yrs | SEK 500.00k | no data | |
Independent Director | 3.6yrs | SEK 600.00k | no data | |
Independent Director | 5.8yrs | SEK 600.00k | 0.040% € 1.9m | |
Director | less than a year | no data | no data | |
Director | less than a year | no data | no data | |
Independent Director | 4.6yrs | SEK 500.00k | 0.046% € 2.2m | |
Independent Director | 2.1yrs | SEK 500.00k | 0.0013% € 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.