SpareBank 1 Sørøst-Norge

LSE:0NY7 Stock Report

Market Cap: NOK 9.3b

SpareBank 1 Sørøst-Norge Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Per Halvorsen

Chief executive officer

NOK 6.3m

Total compensation

CEO salary percentage56.1%
CEO tenure3yrs
CEO ownership0.02%
Management average tenure1.8yrs
Board average tenure4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Per Halvorsen's remuneration changed compared to SpareBank 1 Sørøst-Norge's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

NOK 835m

Dec 31 2023NOK 6mNOK 4m

NOK 795m

Sep 30 2023n/an/a

NOK 817m

Jun 30 2023n/an/a

NOK 789m

Mar 31 2023n/an/a

NOK 718m

Dec 31 2022NOK 6mNOK 3m

NOK 630m

Sep 30 2022n/an/a

NOK 557m

Jun 30 2022n/an/a

NOK 562m

Mar 31 2022n/an/a

NOK 546m

Dec 31 2021NOK 22mNOK 2m

NOK 522m

Compensation vs Market: Per's total compensation ($USD595.47K) is below average for companies of similar size in the UK market ($USD1.37M).

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


CEO

Per Halvorsen (62 yo)

3yrs

Tenure

NOK 6,316,000

Compensation

Mr. Per Halvorsen is the Chief Executive Officer of SpareBank 1 Sørøst-Norge since June 2021. He serves as Chief Executive Officer of SpareBank 1 Telemark since 2006. Mr. Halvorsen served as Chairman of Sp...


Leadership Team

NamePositionTenureCompensationOwnership
Per Halvorsen
Chief Executive Officer3yrsNOK 6.32m0.017%
NOK 1.6m
Roar Snippen
Executive Vice President of Economicsless than a yearNOK 6.08mno data
Marianne Evensen
Executive Vice President of Compliance1.4yrsNOK 2.28mno data
Marianne Thorsdal
Executive Vice President of HR & Organizational Development3yrsNOK 1.81mno data
Egil Meland
Executive Vice President of Subsidiaries2.2yrsNOK 4.00mno data
Lasse Olsen
Executive Vice President of Retail Marketno dataNOK 2.61mno data
Johan Hjerkinn
Executive Vice President of Strategy & Business Developmentno dataNOK 2.21mno data
Tonje Stormoen
Executive Vice President of Business Supportno dataNOK 1.97mno data
Kristian Kloster
Executive Vice President Risk Management1.8yrsNOK 1.73mno data
Lars Hovland
Executive Vice President of Corporate Market1.1yrsNOK 1.79mno data
Live Stensholt
Head of Communicationno dataNOK 709.00kno data
Ole Thoresen
Bank Manager of Corporate Marketno dataNOK 1.50mno data

1.8yrs

Average Tenure

56.5yo

Average Age

Experienced Management: 0NY7's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Finn Haugan
Chairman of the Board5yrsNOK 606.00k0.036%
NOK 3.3m
Lene Svenne
Director1.2yrsNOK 143.00k0.00061%
NOK 56.5k
John-Arne Haugerud
Deputy Chairman2.2yrsNOK 262.00kno data
Thor Strand
Member of Supervisory Board15.6yrsno datano data
Hanne Gravdal
Employee Representative Director15.6yrsNOK 206.00kno data
Oystein Beyer
Deputy Chairman of Supervisory Boardno datano datano data
Jan Nilsen
Director3.1yrsNOK 232.00kno data
Maria Tho
Director1.2yrsNOK 178.00kno data
Lars Bjørnsrud
Chairman of the Supervisory Board5.2yrsNOK 80.00kno data
Heine Wang
Director8.4yrsNOK 274.00kno data
Frede Christensen
Employee Representative Directorno dataNOK 190.00k0.0097%
NOK 901.9k
Lene Marie Thorstensen
Director2.2yrsNOK 190.00kno data

4.0yrs

Average Tenure

61yo

Average Age

Experienced Board: 0NY7's board of directors are considered experienced (4 years average tenure).


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