Gjensidige Forsikring Management
Management criteria checks 3/4
Gjensidige Forsikring's CEO is Geir Holmgren, appointed in Jan 2023, has a tenure of 1.92 years. total yearly compensation is NOK9.31M, comprised of 59.4% salary and 40.6% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth NOK9.19M. The average tenure of the management team and the board of directors is 4.5 years and 4.6 years respectively.
Key information
Geir Holmgren
Chief executive officer
NOK 9.3m
Total compensation
| CEO salary percentage | 59.4% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.009% |
| Management average tenure | 4.5yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
Gjensidige Forsikring ASA's (OB:GJF) Business Is Trailing The Market But Its Shares Aren't
Jul 04
Subdued Growth No Barrier To Gjensidige Forsikring ASA's (OB:GJF) Price
Apr 03Gjensidige Forsikring's (OB:GJF) Upcoming Dividend Will Be Larger Than Last Year's
Feb 28Gjensidige Forsikring's (OB:GJF) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 28Gjensidige Forsikring ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jan 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | NOK 5b |
| Jun 30 2024 | n/a | n/a | NOK 4b |
| Mar 31 2024 | n/a | n/a | NOK 4b |
| Dec 31 2023 | NOK 9m | NOK 6m | NOK 4b |
Compensation vs Market: Geir's total compensation ($USD821.56K) is about average for companies of similar size in the Norwegian market ($USD973.09K).
Compensation vs Earnings: Insufficient data to compare Geir's compensation with company performance.
CEO
Geir Holmgren (52 yo)
1.9yrs
Tenure
NOK 9,307,266
Compensation
Mr. Geir Holmgren is Chief Executive Officer at Gjensidige Forsikring ASA since January 01, 2023. He served as Executive Vice President of Corporate Market at Storebrand ASA until June 03, 2022. Mr. Holmgr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.9yrs | NOK 9.31m | 0.0092% NOK 9.2m | |
| Executive VP of Governance | 8.2yrs | NOK 6.36m | 0.0064% NOK 6.4m | |
| Executive Vice President of Technology & Insight | 1.3yrs | NOK 3.56m | no data | |
| Executive Vice President of People & Communication | 1.3yrs | NOK 3.29m | no data | |
| Chief Risk Officer | 8.9yrs | NOK 3.40m | 0.0057% NOK 5.7m | |
| Executive Vice President of Commercial | 6.3yrs | NOK 5.69m | 0.0011% NOK 1.1m | |
| Executive Vice President of Private | 4.5yrs | NOK 4.91m | 0.0012% NOK 1.2m | |
| Executive Vice President of Analytics | 1.3yrs | NOK 4.24m | 0.00057% NOK 572.8k | |
| Head of Investments | no data | no data | no data | |
| Accounting Director | no data | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Legal Officer | 9.7yrs | no data | no data |
4.5yrs
Average Tenure
52yo
Average Age
Experienced Management: GJF's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | less than a year | no data | no data | |
| Independent Chairman of the Board | 14.9yrs | NOK 901.00k | no data | |
| Independent Board Member | 4.6yrs | NOK 424.10k | no data | |
| Independent Director | 6.7yrs | NOK 587.70k | no data | |
| Independent Director | 6.7yrs | NOK 473.30k | no data | |
| Independent Director | 4.6yrs | NOK 514.44k | no data | |
| Independent Director | 7.7yrs | NOK 511.00k | no data | |
| Employee Representative Director | 4.6yrs | NOK 433.00k | 0.00031% NOK 311.5k | |
| Independent Director | 7.7yrs | NOK 516.17k | no data | |
| Employee Representative Director | 4.6yrs | NOK 511.80k | 0.00023% NOK 231.1k | |
| Employee Representative Director | 4.3yrs | NOK 482.20k | 0.00018% NOK 180.9k |
4.6yrs
Average Tenure
57yo
Average Age
Experienced Board: GJF's board of directors are considered experienced (4.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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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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
Gjensidige Forsikring ASA is covered by 30 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Fridtjof Berents | Arctic Securities ASA |
| Claudia Gaspari | Barclays |
| Robert Bate | Barclays |