Norion Bank Management
Management criteria checks 4/4
Norion Bank's CEO is Martin Nossman, appointed in Aug 2018, has a tenure of 6.33 years. total yearly compensation is SEK6.00M, comprised of 66.7% salary and 33.3% bonuses, including company stock and options. directly owns 1.44% of the company’s shares, worth SEK111.13M. The average tenure of the management team and the board of directors is 2.5 years and 4.9 years respectively.
Key information
Martin Nossman
Chief executive officer
SEK 6.0m
Total compensation
CEO salary percentage | 66.7% |
CEO tenure | 6.3yrs |
CEO ownership | 1.4% |
Management average tenure | 2.5yrs |
Board average tenure | 4.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | SEK 1b |
Jun 30 2024 | n/a | n/a | SEK 1b |
Mar 31 2024 | n/a | n/a | SEK 1b |
Dec 31 2023 | SEK 6m | SEK 4m | SEK 1b |
Sep 30 2023 | n/a | n/a | SEK 1b |
Jun 30 2023 | n/a | n/a | SEK 1b |
Mar 31 2023 | n/a | n/a | SEK 1b |
Dec 31 2022 | SEK 7m | SEK 5m | SEK 1b |
Sep 30 2022 | n/a | n/a | SEK 988m |
Jun 30 2022 | n/a | n/a | SEK 895m |
Mar 31 2022 | n/a | n/a | SEK 834m |
Dec 31 2021 | SEK 7m | SEK 5m | SEK 713m |
Sep 30 2021 | n/a | n/a | SEK 576m |
Jun 30 2021 | n/a | n/a | SEK 474m |
Mar 31 2021 | n/a | n/a | SEK 400m |
Dec 31 2020 | SEK 7m | SEK 5m | SEK 292m |
Sep 30 2020 | n/a | n/a | -SEK 477m |
Jun 30 2020 | n/a | n/a | -SEK 412m |
Mar 31 2020 | n/a | n/a | -SEK 347m |
Dec 31 2019 | SEK 6m | SEK 5m | -SEK 219m |
Sep 30 2019 | n/a | n/a | SEK 584m |
Jun 30 2019 | n/a | n/a | SEK 550m |
Mar 31 2019 | n/a | n/a | SEK 526m |
Dec 31 2018 | SEK 3m | SEK 2m | SEK 496m |
Compensation vs Market: Martin's total compensation ($USD546.82K) is about average for companies of similar size in the Swedish market ($USD740.81K).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
CEO
Martin Nossman (53 yo)
6.3yrs
Tenure
SEK 6,000,000
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 | 6.3yrs | SEK 6.00m | 1.44% SEK 111.1m | |
Chief Financial Officer | 5.4yrs | no data | 0.066% SEK 5.1m | |
Chief Operating Officer | less than a year | no data | no data | |
Chief Information Officer | 5.7yrs | no data | 0.011% SEK 846.7k | |
Head of IR & Communications | no data | no data | no data | |
Head of Compliance | 1.9yrs | no data | no data | |
Chief HR Officer | 1.8yrs | no data | no data | |
Head of CEO Office | 1.9yrs | no data | 0.0021% SEK 163.2k | |
Chief Credit Officer | 3.2yrs | no data | 0.013% SEK 1.0m | |
Chief Sustainability Officer | no data | no data | no data |
2.5yrs
Average Tenure
47yo
Average Age
Experienced Management: NORION's management team is considered experienced (2.5 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman | 13.9yrs | SEK 1.00m | 2.39% SEK 185.0m | |
Independent Director | 4.9yrs | SEK 500.00k | no data | |
Independent Director | 5.9yrs | SEK 600.00k | 0.0016% SEK 125.3k | |
Independent Director | 4.9yrs | SEK 500.00k | 0.0024% SEK 187.9k | |
Independent Director | 4.9yrs | SEK 600.00k | 0.0049% SEK 376.6k | |
Director | less than a year | no data | no data |
4.9yrs
Average Tenure
64yo
Average Age
Experienced Board: NORION's board of directors are considered experienced (4.9 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/18 12:29 |
End of Day Share Price | 2024/12/18 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 |
|
|
Market Prices | 30 years |
| |
Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Norion Bank AB (publ) is covered by 1 analysts. 2 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 |
---|---|
Emil Jonsson | DNB Markets |