Selvaag Bolig Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Sverre Molvik (51 yo)

2.08yrs

Tenure

kr8,361,000

Compensation

Mr. Sverre Molvik has been Chief Executive Officer of Selvaag Bolig ASA since October 19, 2020 and also served as its Chief Financial Officer since January 2021. He was Chief Financial Officer of Selvaag B...


CEO Compensation Analysis

How has Sverre Molvik's remuneration changed compared to Selvaag Bolig's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

kr512m

Jun 30 2022n/an/a

kr586m

Mar 31 2022n/an/a

kr466m

Dec 31 2021kr8mkr4m

kr505m

Sep 30 2021n/an/a

kr530m

Jun 30 2021n/an/a

kr479m

Mar 31 2021n/an/a

kr471m

Dec 31 2020kr8mkr4m

kr2b

Sep 30 2020n/an/a

kr2b

Jun 30 2020n/an/a

kr2b

Mar 31 2020n/an/a

kr2b

Dec 31 2019kr9mkr3m

kr655m

Sep 30 2019n/an/a

kr739m

Jun 30 2019n/an/a

kr613m

Mar 31 2019n/an/a

kr520m

Dec 31 2018kr7mkr3m

kr567m

Sep 30 2018n/an/a

kr366m

Jun 30 2018n/an/a

kr326m

Mar 31 2018n/an/a

kr356m

Dec 31 2017kr6mkr2m

kr401m

Sep 30 2017n/an/a

kr354m

Jun 30 2017n/an/a

kr397m

Mar 31 2017n/an/a

kr335m

Dec 31 2016kr4mkr2m

kr301m

Sep 30 2016n/an/a

kr253m

Jun 30 2016n/an/a

kr265m

Mar 31 2016n/an/a

kr261m

Dec 31 2015kr3mkr2m

kr281m

Compensation vs Market: Sverre's total compensation ($USD835.33K) is above average for companies of similar size in the Norwegian market ($USD504.62K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Sverre Molvik
Chief Executive Officer2.08yrskr8.36m0.43%
NOK 12.0m
Christopher Brunvoll
Chief Financial Officer1.67yrskr8.00k0.072%
NOK 2.0m
Oystein Klungland
Chief Operating Officer2.08yrskr7.67m0.41%
NOK 11.4m
Kristoffer Gregersen
Executive Vice President of Communicationsno datakr3.37m0.18%
NOK 4.9m
Line Mjell
Executive Vice President of Market1.83yrsno data0.020%
NOK 547.9k

2.0yrs

Average Tenure

Experienced Management: SBO's management team is not considered experienced ( 2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Gisele Marchand
Independent Deputy Chair of the Board10.83yrskr480.00k0.0059%
NOK 164.2k
Olav Selvaag
Chairman of the Board14.83yrskr555.00k0.12%
NOK 3.3m
Oystein Thorup
Independent Director2.58yrsno data0.0018%
NOK 51.3k
Tore Myrvold
Director4.5yrskr405.00k0.014%
NOK 392.1k
Camilla Wahl
Independent Director2.58yrsno datano data
Marianne Ornsrud
Alternate Directorno datakr32.00kno data
Sissel Kristensen
Employee-Elected Director5.58yrskr37.00k0.0043%
NOK 119.4k
Camilla Stensrud
Alternate Directorno datano datano data
Patrik Eriksson
Employee-Elected Director1.58yrsno data0.0011%
NOK 30.3k

4.5yrs

Average Tenure

51.5yo

Average Age

Experienced Board: SBO's board of directors are considered experienced (4.5 years average tenure).