SpareBank 1 Sør-Norge ASA

LSE:0Q57 Stock Report

Market Cap: NOK 37.7b

SpareBank 1 Sør-Norge Management

Management criteria checks 1/4

SpareBank 1 Sør-Norge's CEO is Inge Reinertsen, appointed in Sep 2024, has a tenure of less than a year. directly owns 0.043% of the company’s shares, worth NOK16.34M. The average tenure of the management team and the board of directors is 3.1 years and 0.8 years respectively.

Key information

Inge Reinertsen

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership0.04%
Management average tenure3.1yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Inge Reinertsen's remuneration changed compared to SpareBank 1 Sør-Norge's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 5b

Jun 30 2024n/an/a

NOK 5b

Mar 31 2024n/an/a

NOK 5b

Dec 31 2023n/an/a

NOK 4b

Sep 30 2023n/an/a

NOK 4b

Jun 30 2023n/an/a

NOK 4b

Mar 31 2023n/an/a

NOK 3b

Dec 31 2022n/an/a

NOK 3b

Sep 30 2022n/an/a

NOK 3b

Jun 30 2022n/an/a

NOK 3b

Mar 31 2022n/an/a

NOK 3b

Dec 31 2021NOK 4mNOK 2m

NOK 3b

Sep 30 2021n/an/a

NOK 3b

Jun 30 2021n/an/a

NOK 3b

Mar 31 2021n/an/a

NOK 2b

Dec 31 2020NOK 3mNOK 2m

NOK 2b

Sep 30 2020n/an/a

NOK 1b

Jun 30 2020n/an/a

NOK 1b

Mar 31 2020n/an/a

NOK 2b

Dec 31 2019NOK 4mNOK 2m

NOK 3b

Sep 30 2019n/an/a

NOK 3b

Jun 30 2019n/an/a

NOK 3b

Mar 31 2019n/an/a

NOK 3b

Dec 31 2018NOK 4mNOK 2m

NOK 2b

Sep 30 2018n/an/a

NOK 2b

Jun 30 2018n/an/a

NOK 2b

Mar 31 2018n/an/a

NOK 2b

Dec 31 2017NOK 4mNOK 2m

NOK 2b

Compensation vs Market: Insufficient data to establish whether Inge's total compensation is reasonable compared to companies of similar size in the UK market.

Compensation vs Earnings: Inge's compensation has increased by more than 20% in the past year.


CEO

Inge Reinertsen (53 yo)

less than a year

Tenure

NOK 4,305,000

Compensation

Mr. Inge Reinertsen was Chief Financial Officer of SpareBank 1 SR-Bank ASA from February 1, 2010 to October 1, 2024 and also serves as CEO Since September 16, 2024. Mr. Inge Reinertsen has a degree in Busi...


Leadership Team

NamePositionTenureCompensationOwnership
Inge Reinertsen
Chief Executive Officerless than a yearNOK 4.31m0.043%
NOK 16.3m
Glenn Sæther
Executive Vice President of Technology Development & Business Processes2.7yrsNOK 4.06m0.013%
NOK 5.0m
Signe Helliesen
Executive Vice President of Compliance5.8yrsNOK 2.24m0.0015%
NOK 576.3k
Nina Edvardsen
Executive Vice President of People3yrsNOK 2.21m0.0045%
NOK 1.7m
Ella Skjorestad
Executive Vice President of Marketing6.8yrsNOK 2.80m0.0049%
NOK 1.8m
Tore Medhus
Executive Vice President of Large Corporates24.2yrsNOK 4.18m0.024%
NOK 9.2m
Jan Friestad
Executive Vice President of Corporate Strategy & Projects3.1yrsNOK 3.38m0.021%
NOK 7.9m
Frode Bø
Executive Vice President of Risk Management18.8yrsNOK 3.84m0.0071%
NOK 2.7m
Roger Lund Antonesen
Executive Vice President of Retail Market2.9yrsNOK 3.68m0.0013%
NOK 474.6k
Marianne Bakke
Executive Vice President of SME & Agriculture3.2yrsNOK 1.97m0.0017%
NOK 625.3k
Roar Snippen
Acting Chief Financial Officerless than a yearno datano data
Morten Forgaard
Vice President of Investor Relationsno datano datano data

3.1yrs

Average Tenure

53yo

Average Age

Experienced Management: 0Q57's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Dag Mejdell
Independent Vice chairmanless than a yearNOK 692.00k0.018%
NOK 6.8m
Finn Haugan
Chairman of the Boardless than a yearno datano data
Trine Romuld
Independent Director4.6yrsNOK 327.00k0.0015%
NOK 568.8k
Sally Lund-Andersen
Employee Representative Director12.8yrsNOK 1.34m0.0015%
NOK 568.8k
Jan Skogseth
Independent Director7.6yrsNOK 332.00k0.0038%
NOK 1.4m
Kjetil Skjæveland
Director2.6yrsno data0.00076%
NOK 286.3k
Camilla Aldona Tepfers
Independent Director2.6yrsno datano data
Hanne Gravdal
Employee Representative Directorless than a yearno datano data
Maria Tho
Directorless than a yearno datano data
Heine Wang
Directorless than a yearno datano data
Eirik Elholm
Employee Representative Directorless than a yearno datano data

0.8yrs

Average Tenure

60yo

Average Age

Experienced Board: 0Q57's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.