Sparebanken Sør Management
Management criteria checks 2/4
Sparebanken Sør's CEO is Geir Bergskaug, appointed in Jan 2014, has a tenure of 10.42 years. total yearly compensation is NOK5.36M, comprised of 75.6% salary and 24.4% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth NOK12.19M. The average tenure of the management team and the board of directors is 1.4 years and 2.2 years respectively.
Key information
Geir Bergskaug
Chief executive officer
kr5.4m
Total compensation
CEO salary percentage | 75.6% |
CEO tenure | 10.4yrs |
CEO ownership | 0.2% |
Management average tenure | 1.4yrs |
Board average tenure | 2.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | kr728m |
Dec 31 2023 | kr5m | kr4m | kr684m |
Sep 30 2023 | n/a | n/a | kr708m |
Jun 30 2023 | n/a | n/a | kr633m |
Mar 31 2023 | n/a | n/a | kr635m |
Dec 31 2022 | kr5m | kr3m | kr496m |
Sep 30 2022 | n/a | n/a | kr362m |
Jun 30 2022 | n/a | n/a | kr309m |
Mar 31 2022 | n/a | n/a | kr254m |
Dec 31 2021 | kr6m | kr3m | kr191m |
Sep 30 2021 | n/a | n/a | kr193m |
Jun 30 2021 | n/a | n/a | kr194m |
Mar 31 2021 | n/a | n/a | kr191m |
Dec 31 2020 | kr5m | kr3m | kr177m |
Sep 30 2020 | n/a | n/a | kr161m |
Jun 30 2020 | n/a | n/a | kr168m |
Mar 31 2020 | n/a | n/a | kr171m |
Dec 31 2019 | kr5m | kr3m | kr183m |
Sep 30 2019 | n/a | n/a | kr170m |
Jun 30 2019 | n/a | n/a | kr152m |
Mar 31 2019 | n/a | n/a | kr156m |
Dec 31 2018 | kr5m | kr3m | kr158m |
Sep 30 2018 | n/a | n/a | kr180m |
Jun 30 2018 | n/a | n/a | kr187m |
Mar 31 2018 | n/a | n/a | kr178m |
Dec 31 2017 | kr5m | kr3m | kr175m |
Compensation vs Market: Geir's total compensation ($USD502.38K) is below average for companies of similar size in the UK market ($USD988.38K).
Compensation vs Earnings: Geir's compensation has been consistent with company performance over the past year.
CEO
Geir Bergskaug (64 yo)
10.4yrs
Tenure
kr5,362,000
Compensation
Mr. Geir Bergskaug has been Chief Executive Officer of Sparebanken Sør since January 1, 2014 and serves as its Director. Mr. Bergskaug served as Chief Executive Officer of Sparebanken Sør Boligkreditt AS (...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 10.4yrs | kr5.36m | 0.20% NOK 12.2m | |
Chief Financial Officer | 2yrs | kr2.01m | no data | |
Executive Vice President of Marketing & Communications | 2.8yrs | kr2.04m | no data | |
Chief Risk Officer | 1.1yrs | kr2.40m | no data | |
Executive Vice President of Corporate Customer Division | 1.1yrs | kr2.88m | no data | |
Executive Vice President of Group Head Office | 1.1yrs | kr2.30m | no data | |
Executive Vice President of Business Development | no data | kr2.27m | no data | |
Executive Vice President of Strategy | 1.1yrs | kr2.16m | no data | |
Executive Vice President of Process Improvement | less than a year | kr2.11m | no data | |
Executive Vice President of Retail Market | 1.4yrs | kr6.50m | no data | |
Controller | 3.4yrs | no data | no data | |
Controller | 3.4yrs | no data | no data |
1.4yrs
Average Tenure
54yo
Average Age
Experienced Management: 0FN3's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | no data | kr5.36m | 0.20% NOK 12.2m | |
Independent Director | 2.2yrs | kr256.00k | no data | |
Independent Chairman of the Board | 2.2yrs | kr464.00k | no data | |
Independent Director | 3.6yrs | kr250.00k | no data | |
Trustee | no data | no data | no data | |
Independent Deputy Chairman | 2.2yrs | kr274.00k | no data | |
Chairman of Board of Trustees | 4.3yrs | no data | no data | |
Employee Representative Director | less than a year | no data | no data | |
Deputy Chair of Board of Trustees | 3.3yrs | no data | no data | |
Independent Director | 3.6yrs | kr228.00k | no data | |
Independent Director | 2.2yrs | kr243.00k | no data | |
Permanent attendee of Board of Trustees | no data | no data | no data |
2.2yrs
Average Tenure
62yo
Average Age
Experienced Board: 0FN3's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.