Storebrand ASA

LSE:0NO0 Stock Report

Market Cap: NOK 52.7b

Storebrand Management

Management criteria checks 3/4

Storebrand's CEO is Odd Grefstad, appointed in Jun 2012, has a tenure of 12.58 years. total yearly compensation is NOK10.57M, comprised of 82.5% salary and 17.5% bonuses, including company stock and options. directly owns 0.061% of the company’s shares, worth NOK32.39M. The average tenure of the management team and the board of directors is 2.7 years and 1 years respectively.

Key information

Odd Grefstad

Chief executive officer

NOK 10.6m

Total compensation

CEO salary percentage82.5%
CEO tenure12.6yrs
CEO ownership0.06%
Management average tenure2.7yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Odd Grefstad's remuneration changed compared to Storebrand'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 3b

Dec 31 2023NOK 11mNOK 9m

NOK 3b

Sep 30 2023n/an/a

NOK 3b

Jun 30 2023n/an/a

NOK 3b

Mar 31 2023n/an/a

NOK 2b

Dec 31 2022NOK 10mNOK 8m

NOK 2b

Sep 30 2022n/an/a

NOK 3b

Jun 30 2022n/an/a

NOK 3b

Mar 31 2022n/an/a

NOK 4b

Dec 31 2021NOK 9mNOK 8m

NOK 3b

Sep 30 2021n/an/a

NOK 3b

Jun 30 2021n/an/a

NOK 3b

Mar 31 2021n/an/a

NOK 3b

Dec 31 2020NOK 9mNOK 7m

NOK 2b

Sep 30 2020n/an/a

NOK 2b

Jun 30 2020n/an/a

NOK 2b

Mar 31 2020n/an/a

NOK 2b

Dec 31 2019NOK 8mNOK 7m

NOK 2b

Sep 30 2019n/an/a

NOK 3b

Jun 30 2019n/an/a

NOK 3b

Mar 31 2019n/an/a

NOK 3b

Dec 31 2018NOK 8mNOK 7m

NOK 4b

Compensation vs Market: Odd's total compensation ($USD930.29K) is below average for companies of similar size in the UK market ($USD2.97M).

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

CEO

Odd Grefstad (59 yo)

12.6yrs

Tenure

NOK 10,565,000

Compensation

Mr. Odd Arild Grefstad has been Chief Executive Officer of Storebrand ASA since June 1, 2012 and also served as its Managing Director. Mr. Grefstad served as the Chairman of the Board of Directors at Skage...

Leadership Team

NamePositionTenureCompensationOwnership
Odd Grefstad
Group Chief Executive Officer12.6yrsNOK 10.57m0.061%
NOK 32.4m
Lars Loddesol
Group CFO & Executive VP of Sustainability13.8yrsNOK 8.00m0.040%
NOK 21.1m
Tove Selnes
Executive Vice President of People5.4yrsNOK 4.56m0.0098%
NOK 5.2m
Jan Saugestad
Executive Vice President of Storebrand Asset Management1.8yrsNOK 9.08m0.033%
NOK 17.4m
Trygve Hakedal
Executive Vice President of Digital3yrsNOK 5.61m0.0095%
NOK 5.0m
Jenny Rundbladh
Executive Vice President of SPP2.4yrsNOK 6.19m0.0024%
NOK 1.3m
Vivi Gevelt
Executive Vice President of Corporate2.4yrsNOK 5.48m0.0036%
NOK 1.9m
Camilla Leikvoll
Executive VP of Retail & Senior VP of Storebrand Bank ASA2yrsNOK 3.51m0.0029%
NOK 1.6m
Faisal Khan
Senior VP and Head of M&Ano datano datano data
Johannes Narum
Strategy and IR Executiveno datano datano data

2.7yrs

Average Tenure

51yo

Average Age

Experienced Management: 0NO0's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Hans Klouman
Member of Board of Representativesno dataNOK 5.82mno data
Terje Venold
Chairman of the Board of Representativesno datano datano data
Rune Pedersen
Observer and Member of Board of Representativesno datano datano data
Christel Borge
Independent Director3.8yrsNOK 454.00k0.0025%
NOK 1.3m
Viveka Ekberg
Independent Directorless than a yearno data0.0056%
NOK 2.9m
Jaan Gjærum Semlitsch
Independent Directorless than a yearno datano data
Kjell Roth
Independent Chairman of the Board1.8yrsNOK 380.00k0.0025%
NOK 1.3m
Martin Skancke
Independent Vice Chairman of the Board10.3yrsNOK 989.00k0.010%
NOK 5.5m
Benjamin Golding
Independent Directorless than a yearno datano data
Marianne Roren
Independent Director4.6yrsNOK 524.00k0.0023%
NOK 1.2m
Stine Moe
Employee Representative Directorless than a yearno datano data
Aleksander Nyland
Directorless than a yearno datano data

1.0yrs

Average Tenure

58yo

Average Age

Experienced Board: 0NO0's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 03:07
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Storebrand ASA is covered by 27 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rickard HenzeABG Sundal Collier
Bassem NeiferAlphaValue
Fridtjof BerentsArctic Securities ASA