Grong Sparebank

OB:GRONG Stock Report

Market Cap: NOK 595.8m

Grong Sparebank Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Jon Solum

Chief executive officer

NOK 2.6m

Total compensation

CEO salary percentage83.4%
CEO tenure24.8yrs
CEO ownershipn/a
Management average tenure2.6yrs
Board average tenure2.8yrs

Recent management updates

How Does Grong Sparebank's (OB:GRONG-ME) CEO Pay Compare With Company Performance?

Nov 22
How Does Grong Sparebank's (OB:GRONG-ME) CEO Pay Compare With Company Performance?

Recent updates

Should Grong Sparebank (OB:GRONG) Be Part Of Your Income Portfolio?

Mar 06
Should Grong Sparebank (OB:GRONG) Be Part Of Your Income Portfolio?

How Does Grong Sparebank's (OB:GRONG-ME) CEO Pay Compare With Company Performance?

Nov 22
How Does Grong Sparebank's (OB:GRONG-ME) CEO Pay Compare With Company Performance?

CEO Compensation Analysis

How has Jon Solum's remuneration changed compared to Grong Sparebank's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

NOK 64m

Mar 31 2024n/an/a

NOK 82m

Dec 31 2023NOK 3mNOK 2m

NOK 72m

Sep 30 2023n/an/a

NOK 72m

Jun 30 2023n/an/a

NOK 69m

Mar 31 2023n/an/a

NOK 31m

Dec 31 2022NOK 2mNOK 2m

NOK 76m

Sep 30 2022n/an/a

NOK 67m

Jun 30 2022n/an/a

NOK 60m

Mar 31 2022n/an/a

NOK 62m

Dec 31 2021NOK 2mNOK 2m

NOK 38m

Sep 30 2021n/an/a

NOK 36m

Jun 30 2021n/an/a

NOK 41m

Mar 31 2021n/an/a

NOK 43m

Dec 31 2020NOK 2mNOK 2m

NOK 40m

Sep 30 2020n/an/a

NOK 37m

Jun 30 2020n/an/a

NOK 35m

Mar 31 2020n/an/a

NOK 31m

Dec 31 2019NOK 2mNOK 2m

NOK 26m

Sep 30 2019n/an/a

NOK 25m

Jun 30 2019n/an/a

NOK 25m

Mar 31 2019n/an/a

NOK 27m

Dec 31 2018NOK 2mNOK 2m

NOK 24m

Sep 30 2018n/an/a

NOK 24m

Jun 30 2018n/an/a

NOK 22m

Mar 31 2018n/an/a

NOK 6m

Dec 31 2017NOK 2mNOK 1m

NOK 22m

Compensation vs Market: Jon's total compensation ($USD236.94K) is about average for companies of similar size in the Norwegian market ($USD300.00K).

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

CEO

Jon Solum (58 yo)

24.8yrs

Tenure

NOK 2,632,000

Compensation

Mr. Jon Håvard Solum has been Chief Executive Officer & General Manager at Grong Sparebank since 2000. Mr. Solum serves as Chairman of Nord-Trøndelag Elektrisitetsverk AS. He serves as a Member of Supervis...

Leadership Team

NamePositionTenureCompensationOwnership
Jon Solum
CEO & GM24.8yrsNOK 2.63mno data
Johan Trapnes
Chief Financial Officer7.8yrsNOK 1.39mno data
Stian Brekkvassmo
Bank Manager of Corporate Marketno dataNOK 336.00kno data
Kjerstin Skistad
HR, Communication & Sustainability Manager3.3yrsno datano data
Fredrik Hagen
Head of Department Mosjøenno datano datano data
Torgeir Hanssen
Head of Division Namsosno datano datano data
Ann Gasbakk Ravlo
Head of Insurance1.9yrsno datano data
June Mork
Head of Customer Centerless than a yearno datano data
Busse Roads
Head of ITless than a yearno datano data

2.6yrs

Average Tenure

Experienced Management: GRONG's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jo Aunet
Employee Representative Director6.7yrsNOK 85.00kno data
Audun Veium
Chairman of the Board17.8yrsNOK 215.00kno data
Espen Ledang
Directorno dataNOK 85.00kno data
Øyvind Kveli
Deputy Chairmanno dataNOK 85.00kno data
Marit Aspnes
Employee Representative Director2.2yrsNOK 46.00kno data
Marte Landsem
Director2.8yrsNOK 125.00kno data
Sigurd Liljefjell
Directorno dataNOK 60.00kno data
Tove Ingulfsvann Lierne
Director1.8yrsno datano data

2.8yrs

Average Tenure

Experienced Board: GRONG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.