Telenor ASA

BATS-CHIXE:TELO Stock Report

Market Cap: kr167.5b

Telenor Management

Management criteria checks 3/4

Telenor's CEO is Sigve Brekke, appointed in Aug 2015, has a tenure of 8.42 years. total yearly compensation is NOK16.26M, comprised of 44.8% salary and 55.2% bonuses, including company stock and options. directly owns 0.013% of the company’s shares, worth NOK21.84M. The average tenure of the management team and the board of directors is 3.7 years and 0.7 years respectively.

Key information

Sigve Brekke

Chief executive officer

kr16.3m

Total compensation

CEO salary percentage44.8%
CEO tenure8.4yrs
CEO ownership0.01%
Management average tenure3.7yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sigve Brekke's remuneration changed compared to Telenor's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

kr8b

Jun 30 2023n/an/a

kr6b

Mar 31 2023n/an/a

kr4b

Dec 31 2022kr16mkr7m

kr11b

Sep 30 2022n/an/a

kr4b

Jun 30 2022n/an/a

kr6b

Mar 31 2022n/an/a

kr9b

Dec 31 2021kr15mkr7m

kr6b

Sep 30 2021n/an/a

kr15b

Jun 30 2021n/an/a

kr17b

Mar 31 2021n/an/a

kr17b

Dec 31 2020kr15mkr7m

kr14b

Sep 30 2020n/an/a

kr10b

Jun 30 2020n/an/a

kr5b

Mar 31 2020n/an/a

kr5b

Dec 31 2019kr15mkr7m

kr9b

Sep 30 2019n/an/a

kr4b

Jun 30 2019n/an/a

kr8b

Mar 31 2019n/an/a

kr8b

Dec 31 2018kr16mkr7m

kr9b

Sep 30 2018n/an/a

kr12b

Jun 30 2018n/an/a

kr14b

Mar 31 2018n/an/a

kr11b

Dec 31 2017kr14mkr7m

kr10b

Compensation vs Market: Sigve's total compensation ($USD1.56M) is below average for companies of similar size in the UK market ($USD5.20M).

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

CEO

Sigve Brekke (64 yo)

8.4yrs

Tenure

kr16,259,000

Compensation

Mr. Sigve Brekke has been the Group Chief Executive Officer and President of Telenor ASA since August 17, 2015. Mr. Brekke served as the Chief Executive Officer of Total Access Communication Public Company...

Leadership Team

NamePositionTenureCompensationOwnership
Sigve Brekke
President & Group CEO8.4yrskr16.26m0.013%
NOK 21.8m
Tone Bachke
Executive VP & CFO3.7yrskr7.09mno data
Rita Skjaervik
Executive VP and Chief Peopleno datakr5.01mno data
Petter-Boerre Furberg
Executive VP & Head of Asia7.2yrskr7.69m0.0050%
NOK 8.4m
Jorgen C. Rostrup
Executive VP & Head of Nordics3.7yrskr12.93mno data
Dan Ouchterlony
EVP & Head of Telenor Amp1.3yrskr5.58mno data
Jannicke Hilland
EVP & Head of Telenor Infrastructure1.3yrskr4.46mno data
Amol Phadke
Executive VP & CTOless than a yearno datano data
Marianne Moe
Head of Investor Relationsno datano datano data
Siri Birgitte Berge
General Counselno datano datano data
Atle Lessum
Acting Senior VP & Head of Communicationsno datano datano data
Johan Rostoft
Head of Online Marketplacesno datano datano data

3.7yrs

Average Tenure

53.5yo

Average Age

Experienced Management: TELO's management team is considered experienced (3.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Pieter Knook
Director3.7yrskr592.00kno data
Ottar Ertzeid
Directorless than a yearno datano data
Jan Geldmacher
Directorless than a yearno datano data
Nils Bastiansen
Chair of the Corporate Assemblyless than a yearno datano data
Irene Vold
Employee Representative Director2.7yrskr482.00kno data
Jens Olsen
Chairmanless than a yearno data0.0029%
NOK 4.8m
Gyrid Ingerø
Deputy Chair of the Boardless than a yearno datano data
Astrid Simonsen Joos
Director3.7yrskr524.00kno data
Esben Smistad
Employee Representative Directorless than a yearkr176.00kno data
Marianne Roren
Deputy Chair of Corporate Assembly5yrsno datano data
Nina Bjornstad
Director1.7yrskr347.00kno data
Sune Jakobsson
Employee Representative Directorless than a yearno datano data

0.7yrs

Average Tenure

58yo

Average Age

Experienced Board: TELO's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.

Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy PolicyLogos provided by Clearbit
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.