Telenor ASA

BATS-CHIXE:TELO Stock Report

Market Cap: NOK 167.5b

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

NOK 16.3m

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

NOK 8b

Jun 30 2023n/an/a

NOK 6b

Mar 31 2023n/an/a

NOK 4b

Dec 31 2022NOK 16mNOK 7m

NOK 11b

Sep 30 2022n/an/a

NOK 4b

Jun 30 2022n/an/a

NOK 6b

Mar 31 2022n/an/a

NOK 9b

Dec 31 2021NOK 15mNOK 7m

NOK 6b

Sep 30 2021n/an/a

NOK 15b

Jun 30 2021n/an/a

NOK 17b

Mar 31 2021n/an/a

NOK 17b

Dec 31 2020NOK 15mNOK 7m

NOK 14b

Sep 30 2020n/an/a

NOK 10b

Jun 30 2020n/an/a

NOK 5b

Mar 31 2020n/an/a

NOK 5b

Dec 31 2019NOK 15mNOK 7m

NOK 9b

Sep 30 2019n/an/a

NOK 4b

Jun 30 2019n/an/a

NOK 8b

Mar 31 2019n/an/a

NOK 8b

Dec 31 2018NOK 16mNOK 7m

NOK 9b

Sep 30 2018n/an/a

NOK 12b

Jun 30 2018n/an/a

NOK 14b

Mar 31 2018n/an/a

NOK 11b

Dec 31 2017NOK 14mNOK 7m

NOK 10b

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

NOK 16,259,000

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 CEO8.4yrsNOK 16.26m0.013%
NOK 21.8m
Tone Bachke
Executive VP & CFO3.7yrsNOK 7.09mno data
Rita Skjaervik
Executive VP and Chief Peopleno dataNOK 5.01mno data
Petter-Boerre Furberg
Executive VP & Head of Asia7.2yrsNOK 7.69m0.0050%
NOK 8.4m
Jorgen C. Rostrup
Executive VP & Head of Nordics3.7yrsNOK 12.93mno data
Dan Ouchterlony
EVP & Head of Telenor Amp1.3yrsNOK 5.58mno data
Jannicke Hilland
EVP & Head of Telenor Infrastructure1.3yrsNOK 4.46mno 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
Director3.7yrsNOK 592.00kno 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 Director2.7yrsNOK 482.00kno 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
Director3.7yrsNOK 524.00kno data
Esben Smistad
Employee Representative Directorless than a yearNOK 176.00kno data
Marianne Roren
Deputy Chair of Corporate Assembly5yrsno datano data
Nina Bjornstad
Director1.7yrsNOK 347.00kno 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.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/01/29 15:44
End of Day Share Price 2024/01/15 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

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

Telenor ASA is covered by 48 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peter NielsenABG Sundal Collier
Jean-Michel SalvadorAlphaValue
Markus BjerkeArctic Securities ASA