Telenor Management
Management criteria checks 3/4
Telenor's CEO is Sigve Brekke, appointed in Aug 2015, has a tenure of 9.25 years. total yearly compensation is NOK16.59M, comprised of 45.2% salary and 54.8% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth NOK25.71M. The average tenure of the management team and the board of directors is 2.1 years and 1.5 years respectively.
Key information
Sigve Brekke
Chief executive officer
NOK 16.6m
Total compensation
| CEO salary percentage | 45.2% |
| CEO tenure | 9.3yrs |
| CEO ownership | 0.01% |
| Management average tenure | 2.1yrs |
| Board average tenure | 1.5yrs |
Recent management updates
Recent updates
Returns On Capital Signal Difficult Times Ahead For Telenor (OB:TEL)
Nov 04
Telenor (OB:TEL) Will Pay A Dividend Of NOK4.50
Oct 17Telenor (OB:TEL) Will Pay A Dividend Of NOK4.50
Aug 19Pinning Down Telenor ASA's (OB:TEL) P/E Is Difficult Right Now
Aug 09Telenor (OB:TEL) Is Due To Pay A Dividend Of NOK4.50
Jul 22These 4 Measures Indicate That Telenor (OB:TEL) Is Using Debt Reasonably Well
Jul 18Telenor's (OB:TEL) Dividend Will Be NOK4.50
Jun 30Telenor (OB:TEL) Has Announced A Dividend Of NOK4.50
Jun 16Telenor (OB:TEL) Will Pay A Dividend Of NOK4.50
May 24Some Investors May Be Worried About Telenor's (OB:TEL) Returns On Capital
May 23Shareholders Will Likely Find Telenor ASA's (OB:TEL) CEO Compensation Acceptable
May 01Telenor (OB:TEL) Has Announced A Dividend Of NOK5.00
Apr 25Telenor's (OB:TEL) Dividend Will Be NOK5.00
Apr 11Telenor (OB:TEL) Has Affirmed Its Dividend Of NOK5.00
Mar 26Here's Why Telenor (OB:TEL) Can Manage Its Debt Responsibly
Mar 25Telenor ASA (OB:TEL) Shares Could Be 45% Below Their Intrinsic Value Estimate
Mar 04Telenor's (OB:TEL) Dividend Will Be NOK5.00
Feb 10Investors Could Be Concerned With Telenor's (OB:TEL) Returns On Capital
Jan 08Some Shareholders Feeling Restless Over Telenor ASA's (OB:TEL) P/E Ratio
Dec 18We Think Telenor (OB:TEL) Can Stay On Top Of Its Debt
Nov 06Some Investors May Be Worried About Telenor's (OB:TEL) Returns On Capital
Oct 07Telenor (OB:TEL) Will Pay A Larger Dividend Than Last Year At NOK4.40
Sep 19Telenor (OB:TEL) Has Announced That It Will Be Increasing Its Dividend To NOK4.40
Aug 28Telenor's (OB:TEL) Upcoming Dividend Will Be Larger Than Last Year's
Aug 12Is There An Opportunity With Telenor ASA's (OB:TEL) 38% Undervaluation?
Aug 10Telenor (OB:TEL) Is Increasing Its Dividend To NOK4.40
Jul 04Telenor (OB:TEL) Has A Pretty Healthy Balance Sheet
Jul 02Be Wary Of Telenor (OB:TEL) And Its Returns On Capital
Jun 14Telenor's (OB:TEL) Dividend Will Be Increased To NOK4.40
May 27Telenor's (OB:TEL) Upcoming Dividend Will Be Larger Than Last Year's
May 13Telenor ASA (OB:TEL) Analysts Just Trimmed Their Revenue Forecasts By 15%
May 10An Intrinsic Calculation For Telenor ASA (OB:TEL) Suggests It's 34% Undervalued
May 05Is Telenor (OB:TEL) Using Too Much Debt?
Apr 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | NOK 10b |
| Jun 30 2024 | n/a | n/a | NOK 9b |
| Mar 31 2024 | n/a | n/a | NOK 7b |
| Dec 31 2023 | NOK 17m | NOK 8m | -NOK 5b |
| Sep 30 2023 | n/a | n/a | NOK 7b |
| Jun 30 2023 | n/a | n/a | NOK 5b |
| Mar 31 2023 | n/a | n/a | NOK 3b |
| Dec 31 2022 | NOK 16m | NOK 7m | NOK 10b |
| Sep 30 2022 | n/a | n/a | NOK 4b |
| Jun 30 2022 | n/a | n/a | NOK 6b |
| Mar 31 2022 | n/a | n/a | NOK 9b |
| Dec 31 2021 | NOK 15m | NOK 7m | NOK 6b |
| Sep 30 2021 | n/a | n/a | NOK 15b |
| Jun 30 2021 | n/a | n/a | NOK 17b |
| Mar 31 2021 | n/a | n/a | NOK 17b |
| Dec 31 2020 | NOK 15m | NOK 7m | NOK 14b |
| Sep 30 2020 | n/a | n/a | NOK 10b |
| Jun 30 2020 | n/a | n/a | NOK 5b |
| Mar 31 2020 | n/a | n/a | NOK 5b |
| Dec 31 2019 | NOK 15m | NOK 7m | NOK 9b |
| Sep 30 2019 | n/a | n/a | NOK 4b |
| Jun 30 2019 | n/a | n/a | NOK 8b |
| Mar 31 2019 | n/a | n/a | NOK 8b |
| Dec 31 2018 | NOK 16m | NOK 7m | NOK 9b |
| Sep 30 2018 | n/a | n/a | NOK 12b |
| Jun 30 2018 | n/a | n/a | NOK 14b |
| Mar 31 2018 | n/a | n/a | NOK 11b |
| Dec 31 2017 | NOK 14m | NOK 7m | NOK 10b |
Compensation vs Market: Sigve's total compensation ($USD1.50M) is about average for companies of similar size in the Norwegian market ($USD1.40M).
Compensation vs Earnings: Sigve's compensation has been consistent with company performance over the past year.
CEO
Sigve Brekke (65 yo)
9.3yrs
Tenure
NOK 16,594,000
Compensation
Mr. Sigve Brekke is President & Group CEO of Telenor ASA from August 17, 2015. Mr. Brekke joined the Telenor ASA in August 2008. Mr. Brekke served as the Chief Executive Officer of Total Access Communicati...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Group CEO | 9.3yrs | NOK 16.59m | 0.014% NOK 25.7m | |
| Executive VP & CTO | 1.3yrs | NOK 8.77m | 0.0022% NOK 4.1m | |
| Executive VP and Chief People | no data | NOK 5.38m | no data | |
| EVP & Head of Telenor Amp | 2.2yrs | NOK 9.24m | 0.0014% NOK 2.6m | |
| EVP & Head of Telenor Infrastructure | 2.1yrs | NOK 6.74m | 0.00058% NOK 1.0m | |
| Acting Executive VP & CFO | less than a year | no data | 0.00043% NOK 777.0k | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel | no data | no data | no data | |
| Acting Senior VP & Head of Communications | no data | no data | no data | |
| Head of Online Marketplaces | no data | no data | no data | |
| Head of Telenor Business Division | 1.7yrs | no data | no data | |
| Unit Chief Operating Officer | 4.3yrs | NOK 3.13m | no data |
2.1yrs
Average Tenure
50.5yo
Average Age
Experienced Management: TEL's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 4.5yrs | NOK 782.00k | no data | |
| Director | 1.5yrs | NOK 361.00k | no data | |
| Director | 1.5yrs | NOK 387.00k | 0.00010% NOK 180.7k | |
| Chair of the Corporate Assembly | 1.5yrs | no data | no data | |
| Employee Representative Director | 3.5yrs | NOK 497.00k | 0.00035% NOK 632.4k | |
| Chairman | 1.5yrs | NOK 702.00k | 0.0029% NOK 5.3m | |
| Deputy Chair of the Board | 1.5yrs | NOK 346.00k | no data | |
| Director | less than a year | no data | no data | |
| Employee Representative Director | 1.5yrs | NOK 320.00k | no data | |
| Deputy Chair of Corporate Assembly | 5.8yrs | no data | no data | |
| Director | 2.5yrs | NOK 561.00k | no data | |
| Employee Representative Director | 1.5yrs | NOK 287.00k | 0.00040% NOK 722.8k |
1.5yrs
Average Tenure
60yo
Average Age
Experienced Board: TEL's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.