Morrow Bank Management
Management criteria checks 3/4
Morrow Bank's CEO is Oyvind Oanes, appointed in Oct 2021, has a tenure of 2.58 years. total yearly compensation is NOK4.20M, comprised of 97.6% salary and 2.4% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth NOK1.64M. The average tenure of the management team and the board of directors is 2.3 years and 0.1 years respectively.
Key information
Oyvind Oanes
Chief executive officer
kr4.2m
Total compensation
| CEO salary percentage | 97.6% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.3yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
Morrow Bank ASA's (OB:MOBA) CEO Might Not Expect Shareholders To Be So Generous This Year
Apr 12
Key Things To Consider Before Buying Komplett Bank ASA (OB:KOMP) For Its Dividend
Apr 14Who Has Been Selling Komplett Bank ASA (OB:KOMP) Shares?
Mar 19Do Institutions Own Komplett Bank ASA (OB:KOMP) Shares?
Feb 11Would Shareholders Who Purchased Komplett Bank's (OB:KOMP) Stock Three Years Be Happy With The Share price Today?
Jan 07
Have Insiders Been Selling Komplett Bank ASA (OB:KOMP) Shares?
Dec 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | kr4m | kr4m | kr134m |
| Sep 30 2023 | n/a | n/a | kr13m |
| Jun 30 2023 | n/a | n/a | -kr4m |
| Mar 31 2023 | n/a | n/a | -kr9m |
| Dec 31 2022 | kr4m | kr4m | -kr14m |
| Sep 30 2022 | n/a | n/a | kr111m |
| Jun 30 2022 | n/a | n/a | -kr263m |
| Mar 31 2022 | n/a | n/a | -kr249m |
| Dec 31 2021 | kr1m | kr1m | -kr222m |
Compensation vs Market: Oyvind's total compensation ($USD386.43K) is about average for companies of similar size in the Norwegian market ($USD322.94K).
Compensation vs Earnings: Oyvind's compensation has been consistent with company performance over the past year.
CEO
Oyvind Oanes
2.6yrs
Tenure
kr4,200,000
Compensation
Mr. Oyvind Oanes serves as Chief Executive Officer at Morrow Bank ASA (formerly known as Komplett Bank ASA) since 1 October 2021. He had been Group Chief Executive Officer and Member of Management Board at...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2.6yrs | kr4.20m | 0.18% NOK 1.6m | |
| Chief Financial Officer | 2.3yrs | kr2.70m | 1.07% NOK 10.1m | |
| Chief Operating Officer | 2.3yrs | kr2.90m | 0.92% NOK 8.6m | |
| Interim Chief Technology Officer | 2.2yrs | no data | 0.059% NOK 554.9k | |
| Chief Credit Risk Officer | 2.3yrs | kr2.70m | 0.064% NOK 603.8k | |
| Chief Commercial Officer | no data | kr2.40m | no data | |
| Head of Finance & Employee Elected Board Member | 2.3yrs | kr6.20m | 0.21% NOK 2.0m |
2.3yrs
Average Tenure
Experienced Management: MOBA's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Head of Finance & Employee Elected Board Member | less than a year | kr6.20m | 0.21% NOK 2.0m | |
| Independent Chairman | 6.2yrs | kr900.00k | 0.17% NOK 1.6m | |
| Independent Deputy Chairman of the Board | 10.2yrs | kr600.00k | 0.32% NOK 3.0m | |
| Independent Director | 2.1yrs | kr400.00k | no data | |
| Independent Director | 2.1yrs | kr400.00k | 0.045% NOK 419.1k | |
| Employee Elected Deputy Board Member | less than a year | kr100.00k | 0.0043% NOK 40.8k | |
| Director | less than a year | no data | no data | |
| Employee Elected Board Member | less than a year | no data | no data | |
| Employee Elected Deputy Board Member | less than a year | no data | no data |
0.08yrs
Average Tenure
64yo
Average Age
Experienced Board: MOBA's board of directors are not considered experienced ( 0.1 years average tenure), which suggests a new board.