Føroya Banki Management
Management criteria checks 1/4
Føroya Banki's CEO is Turio Arge, appointed in Jan 2023, has a tenure of 1.33 years. total yearly compensation is DKK1.43M, comprised of 87% salary and 13% bonuses, including company stock and options. directly owns 0.064% of the company’s shares, worth DKK975.47K. The average tenure of the management team and the board of directors is 1.3 years and 2.2 years respectively.
Key information
Turio Arge
Chief executive officer
kr.1.4m
Total compensation
| CEO salary percentage | 87.0% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.06% |
| Management average tenure | 1.3yrs |
| Board average tenure | 2.2yrs |
Recent management updates
Recent updates
Should You Be Adding P/F BankNordik (CPH:BNORDIK CSE) To Your Watchlist Today?
Dec 14
This Is Why P/F BankNordik's (CPH:BNORDIK CSE) CEO Compensation Looks Appropriate
Mar 19This Is Why P/F BankNordik's (CPH:BNORDIK CSE) CEO Compensation Looks Appropriate
Mar 20What We Learned About P/F BankNordik's (CPH:BNORDIK CSE) CEO Pay
Mar 01Does P/F BankNordik's (CPH:BNORDIK CSE) Share Price Gain of 43% Match Its Business Performance?
Jan 25
Are Institutions Heavily Invested In P/F BankNordik's (CPH:BNORDIK CSE) Shares?
Dec 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | kr.308m |
| Sep 30 2023 | n/a | n/a | kr.273m |
| Jun 30 2023 | n/a | n/a | kr.206m |
| Mar 31 2023 | n/a | n/a | kr.178m |
| Dec 31 2022 | kr.1m | kr.1m | kr.164m |
Compensation vs Market: Turio's total compensation ($USD204.92K) is below average for companies of similar size in the Danish market ($USD1.11M).
Compensation vs Earnings: Insufficient data to compare Turio's compensation with company performance.
CEO
Turio Arge (41 yo)
1.3yrs
Tenure
kr.1,428,000
Compensation
Ms. Turið F. Arge serves as Chief Executive Officer at P/F BankNordik from 2023. She served as Chief Commercial Officer at P/F BankNordik and served as its Executive Vice President since July 01, 2022 unti...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.3yrs | kr.1.43m | 0.064% DKK 975.5k | |
| Executive Vice President | 1.8yrs | kr.1.43m | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| Head of Accounting & Controlling | no data | no data | no data | |
| Head of Marketing & Investor Relations | 1.3yrs | no data | no data | |
| Head of Sales & Trading | no data | no data | no data | |
| Chief Audit Executive | 8.1yrs | no data | no data | |
| Head of Credit Services | no data | no data | no data |
1.3yrs
Average Tenure
Experienced Management: BNORDIK CSE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 2.2yrs | kr.185.00k | 0.031% DKK 466.9k | |
| Employee Representative Director | 14.1yrs | kr.185.00k | 0.026% DKK 396.6k | |
| Group Representative Director | 6.2yrs | kr.185.00k | 0.0021% DKK 31.8k | |
| Employee Representative Director | 3.3yrs | kr.50.00k | 0.0083% DKK 126.0k | |
| Independent Director | 2.2yrs | kr.185.00k | 0.0011% DKK 17.0k | |
| Independent Director | 2.2yrs | kr.135.00k | 0.00078% DKK 11.9k | |
| Independent Director | 1.2yrs | no data | no data | |
| Vice Chairman | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
2.2yrs
Average Tenure
57yo
Average Age
Experienced Board: BNORDIK CSE's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.