Storebrand Management
Management criteria checks 2/4
Storebrand's CEO is Odd Grefstad, appointed in Jun 2012, has a tenure of 11.83 years. total yearly compensation is NOK10.57M, comprised of 82.5% salary and 17.5% bonuses, including company stock and options. directly owns 0.06% of the company’s shares, worth NOK27.84M. The average tenure of the management team and the board of directors is 2 years and 2.1 years respectively.
Key information
Odd Grefstad
Chief executive officer
kr10.6m
Total compensation
CEO salary percentage | 82.5% |
CEO tenure | 11.8yrs |
CEO ownership | 0.06% |
Management average tenure | 2yrs |
Board average tenure | 2.1yrs |
Recent management updates
Recent updates
Growth Investors: Industry Analysts Just Upgraded Their Storebrand ASA (OB:STB) Revenue Forecasts By 54%
Oct 29Is Now The Time To Put Storebrand (OB:STB) On Your Watchlist?
May 29Storebrand's (OB:STB) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 28Storebrand (OB:STB) Will Pay A Larger Dividend Than Last Year At kr3.50
Feb 12Storebrand ASA's (OB:STB) CEO Compensation Looks Acceptable To Us And Here's Why
Apr 03Storebrand ASA's (OB:STB) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 15Odd Grefstad Is The Group Chief Executive Officer of Storebrand ASA (OB:STB) And They Just Picked Up 12% More Shares
Feb 24What To Know Before Buying Storebrand ASA (OB:STB) For Its Dividend
Feb 18Should You Take Comfort From Insider Transactions At Storebrand ASA (OB:STB)?
Jan 28Shareholders Of Storebrand (OB:STB) Must Be Happy With Their 131% Total Return
Jan 07How Much Of Storebrand ASA (OB:STB) Do Institutions Own?
Dec 16Storebrand ASA's (OB:STB) Stock Is Going Strong: Have Financials A Role To Play?
Nov 25CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | kr3b |
Dec 31 2023 | kr11m | kr9m | kr3b |
Sep 30 2023 | n/a | n/a | kr3b |
Jun 30 2023 | n/a | n/a | kr3b |
Mar 31 2023 | n/a | n/a | kr2b |
Dec 31 2022 | kr10m | kr8m | kr2b |
Sep 30 2022 | n/a | n/a | kr3b |
Jun 30 2022 | n/a | n/a | kr3b |
Mar 31 2022 | n/a | n/a | kr4b |
Dec 31 2021 | kr9m | kr8m | kr3b |
Sep 30 2021 | n/a | n/a | kr3b |
Jun 30 2021 | n/a | n/a | kr3b |
Mar 31 2021 | n/a | n/a | kr3b |
Dec 31 2020 | kr9m | kr7m | kr2b |
Sep 30 2020 | n/a | n/a | kr2b |
Jun 30 2020 | n/a | n/a | kr2b |
Mar 31 2020 | n/a | n/a | kr2b |
Dec 31 2019 | kr8m | kr7m | kr2b |
Sep 30 2019 | n/a | n/a | kr3b |
Jun 30 2019 | n/a | n/a | kr3b |
Mar 31 2019 | n/a | n/a | kr3b |
Dec 31 2018 | kr8m | kr7m | kr4b |
Sep 30 2018 | n/a | n/a | kr2b |
Jun 30 2018 | n/a | n/a | kr2b |
Mar 31 2018 | n/a | n/a | kr3b |
Dec 31 2017 | kr8m | kr7m | kr2b |
Compensation vs Market: Odd's total compensation ($USD961.32K) is about average for companies of similar size in the Norwegian market ($USD957.02K).
Compensation vs Earnings: Odd's compensation has been consistent with company performance over the past year.
CEO
Odd Grefstad (58 yo)
11.8yrs
Tenure
kr10,565,000
Compensation
Mr. Odd Arild Grefstad has been Chief Executive Officer of Storebrand ASA since June 1, 2012 and also served as its Managing Director. Mr. Grefstad served as the Chairman of the Board of Directors at Skage...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group Chief Executive Officer | 11.8yrs | kr10.57m | 0.060% NOK 27.8m | |
Group CFO & Executive VP of Sustainability | 13.1yrs | kr8.00m | 0.039% NOK 18.3m | |
Executive Vice President of People | 4.7yrs | kr4.56m | 0.0097% NOK 4.5m | |
Executive Vice President of Storebrand Asset Management | 1.1yrs | kr9.08m | 0.032% NOK 15.1m | |
Executive Vice President of Digital | 2.3yrs | kr5.61m | 0.0093% NOK 4.3m | |
Executive Vice President of SPP | 1.7yrs | kr6.19m | 0.0013% NOK 624.9k | |
Executive Vice President of Corporate | 1.7yrs | kr5.48m | 0.0019% NOK 862.7k | |
Executive VP of Retail & Senior VP of Storebrand Bank ASA | 1.3yrs | kr3.51m | 0.0029% NOK 1.3m | |
Head of Investor Relations & Rating | no data | no data | no data | |
Senior VP and Head of M&A | no data | no data | no data | |
Strategy and IR Executive | no data | no data | no data |
2.0yrs
Average Tenure
50yo
Average Age
Experienced Management: STB's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman of the Board of Representatives | no data | no data | no data | |
Observer and Member of Board of Representatives | no data | no data | no data | |
Independent Director | 3yrs | kr454.00k | 0.0025% NOK 1.2m | |
Independent Director | no data | no data | no data | |
Employee Representative Director | 4.3yrs | kr446.00k | no data | |
Independent Director | no data | no data | no data | |
Independent Chairman of the Board | less than a year | kr380.00k | 0.0020% NOK 946.7k | |
Independent Vice Chairman of the Board | 9.6yrs | kr989.00k | 0.0079% NOK 3.7m | |
Independent Director | no data | no data | no data | |
Employee Representative Director | 3.3yrs | kr511.00k | 0.00026% NOK 121.2k | |
Independent Director | 3.8yrs | kr524.00k | 0.0018% NOK 839.4k | |
Employee Representative Director | 1.3yrs | kr325.00k | 0.00023% NOK 107.3k |
2.1yrs
Average Tenure
55yo
Average Age
Experienced Board: STB's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.