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 NOK16.45M. The average tenure of the management team and the board of directors is 3.2 years and 0.9 years respectively.
Key information
Inge Reinertsen
Chief executive officer
n/a
Total compensation
CEO salary percentage | n/a |
CEO tenure | less than a year |
CEO ownership | 0.04% |
Management average tenure | 3.2yrs |
Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | NOK 5b |
Jun 30 2024 | n/a | n/a | NOK 5b |
Mar 31 2024 | n/a | n/a | NOK 5b |
Dec 31 2023 | n/a | n/a | NOK 4b |
Sep 30 2023 | n/a | n/a | NOK 4b |
Jun 30 2023 | n/a | n/a | NOK 4b |
Mar 31 2023 | n/a | n/a | NOK 3b |
Dec 31 2022 | n/a | n/a | NOK 3b |
Sep 30 2022 | n/a | n/a | NOK 3b |
Jun 30 2022 | n/a | n/a | NOK 3b |
Mar 31 2022 | n/a | n/a | NOK 3b |
Dec 31 2021 | NOK 4m | NOK 2m | NOK 3b |
Sep 30 2021 | n/a | n/a | NOK 3b |
Jun 30 2021 | n/a | n/a | NOK 3b |
Mar 31 2021 | n/a | n/a | NOK 2b |
Dec 31 2020 | NOK 3m | NOK 2m | NOK 2b |
Sep 30 2020 | n/a | n/a | NOK 1b |
Jun 30 2020 | n/a | n/a | NOK 1b |
Mar 31 2020 | n/a | n/a | NOK 2b |
Dec 31 2019 | NOK 4m | NOK 2m | NOK 3b |
Sep 30 2019 | n/a | n/a | NOK 3b |
Jun 30 2019 | n/a | n/a | NOK 3b |
Mar 31 2019 | n/a | n/a | NOK 3b |
Dec 31 2018 | NOK 4m | NOK 2m | NOK 2b |
Sep 30 2018 | n/a | n/a | NOK 2b |
Jun 30 2018 | n/a | n/a | NOK 2b |
Mar 31 2018 | n/a | n/a | NOK 2b |
Dec 31 2017 | NOK 4m | NOK 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | less than a year | NOK 4.31m | 0.043% NOK 16.5m | |
Executive Vice President of Technology Development & Business Processes | 2.8yrs | NOK 4.06m | 0.013% NOK 5.1m | |
Executive Vice President of Compliance | 5.9yrs | NOK 2.24m | 0.0015% NOK 580.4k | |
Executive Vice President of Marketing | 6.8yrs | NOK 2.80m | 0.0049% NOK 1.8m | |
Executive Vice President of Large Corporates | 24.3yrs | NOK 4.18m | 0.024% NOK 9.3m | |
Executive Vice President of Corporate Strategy & Projects | 3.2yrs | NOK 3.38m | 0.021% NOK 7.9m | |
Executive Vice President of Risk Management | 18.9yrs | NOK 3.84m | 0.0071% NOK 2.7m | |
Executive Vice President of Retail Market | 3yrs | NOK 3.68m | 0.0013% NOK 477.9k | |
Executive Vice President of SME & Agriculture | 3.3yrs | NOK 1.97m | 0.0017% NOK 629.7k | |
Acting Chief Financial Officer | less than a year | no data | no data | |
Vice President of Investor Relations | no data | no data | no data | |
Director of Credit and Legal | no data | no data | no data |
3.2yrs
Average Tenure
54.5yo
Average Age
Experienced Management: 0Q57's management team is considered experienced (3.2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Vice chairman | less than a year | NOK 692.00k | 0.018% NOK 6.9m | |
Chairman of the Board | less than a year | no data | no data | |
Independent Director | 4.7yrs | NOK 327.00k | 0.0015% NOK 572.8k | |
Employee Representative Director | 12.9yrs | NOK 1.34m | 0.0015% NOK 572.8k | |
Independent Director | 7.7yrs | NOK 332.00k | 0.0038% NOK 1.4m | |
Director | 2.7yrs | no data | 0.00076% NOK 288.3k | |
Independent Director | 2.7yrs | no data | no data | |
Employee Representative Director | less than a year | no data | no data | |
Director | less than a year | no data | no data | |
Director | less than a year | no data | no data | |
Employee Representative Director | less than a year | no data | no data |
0.9yrs
Average Tenure
60yo
Average Age
Experienced Board: 0Q57's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/24 12:03 |
End of Day Share Price | 2024/12/23 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
| |
Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
| |
Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
SpareBank 1 Sør-Norge ASA is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Fridtjof Berents | Arctic Securities ASA |
Geir Kristiansen | Beringer Finance AB |
Johan Ström | Carnegie Investment Bank AB |