Norion Bank Management
Management criteria checks 4/4
Norion Bank's CEO is Martin Nossman, appointed in Aug 2018, has a tenure of 5.75 years. total yearly compensation is SEK7.00M, comprised of 71.4% salary and 28.6% bonuses, including company stock and options. directly owns 1.99% of the company’s shares, worth SEK167.35M. The average tenure of the management team and the board of directors is 2.2 years and 4.8 years respectively.
Key information
Martin Nossman
Chief executive officer
kr7.0m
Total compensation
| CEO salary percentage | 71.4% |
| CEO tenure | 5.8yrs |
| CEO ownership | 2.0% |
| Management average tenure | 2.2yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | kr1b |
| Dec 31 2023 | n/a | n/a | kr1b |
| Sep 30 2023 | n/a | n/a | kr1b |
| Jun 30 2023 | n/a | n/a | kr1b |
| Mar 31 2023 | n/a | n/a | kr1b |
| Dec 31 2022 | kr7m | kr5m | kr1b |
| Sep 30 2022 | n/a | n/a | kr988m |
| Jun 30 2022 | n/a | n/a | kr895m |
| Mar 31 2022 | n/a | n/a | kr834m |
| Dec 31 2021 | kr7m | kr5m | kr713m |
| Sep 30 2021 | n/a | n/a | kr576m |
| Jun 30 2021 | n/a | n/a | kr474m |
| Mar 31 2021 | n/a | n/a | kr400m |
| Dec 31 2020 | kr7m | kr5m | kr292m |
| Sep 30 2020 | n/a | n/a | -kr477m |
| Jun 30 2020 | n/a | n/a | -kr412m |
| Mar 31 2020 | n/a | n/a | -kr347m |
| Dec 31 2019 | kr6m | kr5m | -kr219m |
| Sep 30 2019 | n/a | n/a | kr584m |
| Jun 30 2019 | n/a | n/a | kr550m |
| Mar 31 2019 | n/a | n/a | kr526m |
| Dec 31 2018 | kr3m | kr2m | kr496m |
Compensation vs Market: Martin's total compensation ($USD644.53K) is about average for companies of similar size in the Swedish market ($USD791.00K).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
CEO
Martin Nossman (52 yo)
5.8yrs
Tenure
kr7,000,000
Compensation
Mr. Martin Nossman is Chief Executive Officer at Norion Bank AB (formerly known as Collector Bank AB) and Collector AB (publ) since August 01, 2018. He is employed at Collector AB (publ) since 2018. He has...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 5.8yrs | kr7.00m | 1.99% SEK 167.3m | |
| Chief Financial Officer | 4.8yrs | no data | 0.066% SEK 5.5m | |
| Vice CEO & COO | no data | no data | 0.024% SEK 2.1m | |
| Chief Information Officer | 5.1yrs | no data | 0.011% SEK 920.9k | |
| Head of IR & Communications | no data | no data | 0.0049% SEK 409.6k | |
| Head of Compliance | 1.3yrs | no data | no data | |
| Chief HR Officer | 1.3yrs | no data | no data | |
| Head of CEO Office | 1.3yrs | no data | 0.0021% SEK 177.5k | |
| Chief Credit Officer | 2.6yrs | no data | 0.0097% SEK 819.2k | |
| Chief Sustainability Officer | no data | no data | no data | |
| Head of Consumer | 2.2yrs | no data | 0.022% SEK 1.8m | |
| Head of Corporate Banking | 1.7yrs | no data | 0.0037% SEK 307.0k |
2.2yrs
Average Tenure
48yo
Average Age
Experienced Management: NORION's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 13.3yrs | kr1.00m | 1.78% SEK 149.8m | |
| Independent Director | 17.3yrs | kr400.00k | 7.3% SEK 613.6m | |
| Independent Director | 4.3yrs | kr500.00k | no data | |
| Independent Director | 5.3yrs | kr600.00k | 0.0016% SEK 136.2k | |
| Independent Director | 4.3yrs | kr500.00k | 0.0024% SEK 204.4k | |
| Independent Director | 4.3yrs | kr600.00k | 0.0049% SEK 409.6k |
4.8yrs
Average Tenure
59.5yo
Average Age
Experienced Board: NORION's board of directors are considered experienced (4.8 years average tenure).