Romsdal Sparebank Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Odd Sorgaard
Chief executive officer
kr171.3k
Total compensation
| CEO salary percentage | 0.8% |
| CEO tenure | 11.3yrs |
| CEO ownership | n/a |
| Management average tenure | 1.3yrs |
| Board average tenure | 11.3yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | kr17m |
| Sep 30 2023 | n/a | n/a | kr20m |
| Jun 30 2023 | n/a | n/a | kr20m |
| Mar 31 2023 | n/a | n/a | kr19m |
| Dec 31 2022 | kr171k | kr1k | kr17m |
| Sep 30 2022 | n/a | n/a | kr18m |
| Jun 30 2022 | n/a | n/a | kr17m |
| Mar 31 2022 | n/a | n/a | kr16m |
| Dec 31 2021 | kr180k | kr1k | kr16m |
| Sep 30 2021 | n/a | n/a | kr12m |
| Jun 30 2021 | n/a | n/a | kr16m |
| Mar 31 2021 | n/a | n/a | kr23m |
| Dec 31 2020 | kr189k | kr1k | kr9m |
Compensation vs Market: Odd's total compensation ($USD15.68K) is below average for companies of similar size in the Norwegian market ($USD319.33K).
Compensation vs Earnings: Odd's compensation has been consistent with company performance over the past year.
CEO
Odd Sorgaard
11.3yrs
Tenure
kr171,311
Compensation
Odd Kjetil Sorgaard is employed with Romsdal Sparebank (formerly known as Bud, Fræna og Hustad Sparebank)
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 11.3yrs | kr171.31k | no data | |
| Assistant Bank Manager & Credit Manager | no data | kr155.24k | no data | |
| CFO & Head of Staff | 1.3yrs | no data | no data | |
| Accounting and Payroll Manager & Member of General Assembly | no data | no data | no data | |
| Manager of Risk & Compliance | no data | kr970.00k | no data | |
| Head of Sales & Marketing | less than a year | no data | no data | |
| Head of Insurance | 2.3yrs | no data | no data | |
| Sustainability Officer | less than a year | no data | no data |
1.3yrs
Average Tenure
Experienced Management: ROMSB's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Accounting and Payroll Manager & Member of General Assembly | no data | no data | no data | |
| Director | no data | kr76.00k | no data | |
| Member of General Assembly | 18.3yrs | no data | no data | |
| Member of General Assembly | 9.3yrs | no data | no data | |
| Member of General Assembly | 11.3yrs | no data | no data | |
| Deputy Chairman | no data | kr75.00k | no data | |
| Director | no data | kr59.00k | no data | |
| Director | no data | kr60.00k | no data | |
| Observer | no data | no data | no data | |
| Chairman | no data | kr109.00k | no data | |
| Employee Representative Director & Member of General Assembly | no data | no data | no data | |
| Director | no data | no data | no data |
11.3yrs
Average Tenure
Experienced Board: ROMSB's board of directors are seasoned and experienced ( 11.3 years average tenure).