Maritime & Merchant Bank ASA

OTCNO:MMBANK Stock Report

Market Cap: NOK 1.2b

Maritime & Merchant Bank Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Halvor Sveen

Chief executive officer

US$567.0k

Total compensation

CEO salary percentage88.8%
CEO tenureno data
CEO ownership0.03%
Management average tenureless than a year
Board average tenureno data

Recent management updates

Recent updates

CEO Compensation Analysis

How has Halvor Sveen's remuneration changed compared to Maritime & Merchant Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$12m

Jun 30 2024n/an/a

US$12m

Mar 31 2024n/an/a

US$13m

Dec 31 2023US$567kUS$503k

US$13m

Sep 30 2023n/an/a

US$10m

Jun 30 2023n/an/a

US$10m

Mar 31 2023n/an/a

US$9m

Dec 31 2022US$511kUS$470k

US$7m

Sep 30 2022n/an/a

US$8m

Jun 30 2022n/an/a

US$7m

Mar 31 2022n/an/a

US$5m

Dec 31 2021US$549kUS$506k

US$5m

Sep 30 2021n/an/a

US$7m

Jun 30 2021n/an/a

US$6m

Mar 31 2021n/an/a

US$6m

Dec 31 2020US$457kUS$455k

US$5m

Sep 30 2020n/an/a

US$6m

Jun 30 2020n/an/a

US$5m

Mar 31 2020n/an/a

US$7m

Dec 31 2019US$449kUS$410k

US$8m

Sep 30 2019n/an/a

US$4m

Jun 30 2019n/an/a

US$4m

Mar 31 2019n/an/a

US$2m

Dec 31 2018US$485kUS$427k

-US$337k

Compensation vs Market: Halvor's total compensation ($USD567.03K) is above average for companies of similar size in the Norwegian market ($USD300.00K).

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


CEO

Halvor Sveen

no data

Tenure

US$567,025

Compensation

Mr. Halvor Sveen serves as Chief Executive Officer at Maritime & Merchant Bank ASA (formerly known as Maritime & Merchant As)A. Mr. Sveen served as Director of Market-Grieg Shipping Group at Grieg Maturita...


Leadership Team

NamePositionTenureCompensationOwnership
Halvor Sveen
Chief Executive Officerno dataUS$567.03k0.026%
NOK 324.4k
Tor Stenumgard
Chief Financial Officerno dataUS$348.13kno data
Lars Fossen
Chief Risk & Compliance Officer and Deputy CEOno dataUS$379.14kno data
Linda Hoff
Chief Credit Officer3.6yrsUS$274.40kno data
Bjorn Havsgard
Executive Vice President of Credit & Business Developmentless than a yearno datano data
Stian Svennebye
Senior Vice President & Co-Head Client Relationsno datano datano data
Kari Trondsen
Senior Vice President & Co-Head Client Relationsless than a yearno datano data

0.8yrs

Average Tenure

Experienced Management: MMBANK's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.