DNB Bank ASA

OTCPK:DNBB.F Stock Report

Market Cap: US$29.3b

DNB Bank Management

Management criteria checks 4/4

DNB Bank's CEO is Kjerstin Braathen, appointed in Jan 2019, has a tenure of 5.33 years. total yearly compensation is NOK15.83M, comprised of 73.6% salary and 26.4% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth $1.77M. The average tenure of the management team and the board of directors is 4.7 years and 3.4 years respectively.

Key information

Kjerstin Braathen

Chief executive officer

kr15.8m

Total compensation

CEO salary percentage73.6%
CEO tenure5.3yrs
CEO ownership0.006%
Management average tenure4.7yrs
Board average tenure3.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kjerstin Braathen's remuneration changed compared to DNB Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

kr38b

Dec 31 2023kr16mkr12m

kr38b

Sep 30 2023n/an/a

kr38b

Jun 30 2023n/an/a

kr36b

Mar 31 2023n/an/a

kr35b

Dec 31 2022kr15mkr11m

kr32b

Sep 30 2022n/an/a

kr28b

Jun 30 2022n/an/a

kr27b

Mar 31 2022n/an/a

kr26b

Dec 31 2021kr15mkr11m

kr24b

Sep 30 2021n/an/a

kr23b

Jun 30 2021n/an/a

kr22b

Mar 31 2021n/an/a

kr21b

Dec 31 2020kr12mkr8m

kr18b

Sep 30 2020n/an/a

kr19b

Jun 30 2020n/an/a

kr20b

Mar 31 2020n/an/a

kr21b

Dec 31 2019kr9mkr6m

kr25b

Sep 30 2019n/an/a

kr26b

Jun 30 2019n/an/a

kr26b

Mar 31 2019n/an/a

kr25b

Dec 31 2018kr6mkr4m

kr24b

Sep 30 2018n/an/a

kr23b

Jun 30 2018n/an/a

kr23b

Mar 31 2018n/an/a

kr22b

Dec 31 2017kr6mkr4m

kr21b

Compensation vs Market: Kjerstin's total compensation ($USD1.50M) is below average for companies of similar size in the US market ($USD13.66M).

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

CEO

Kjerstin Braathen (53 yo)

5.3yrs

Tenure

kr15,831,000

Compensation

Ms. Kjerstin Rasmussen Braathen serves as Member of Corporate Assembly at Equinor ASA since May 15, 2020. Ms. Braathen served as Chairwoman of the Board at DNB Livsforsikring AS until May 24, 2019. Ms. Bra...

Leadership Team

NamePositionTenureCompensationOwnership
Kjerstin Braathen
Group Chief Executive Officer5.3yrskr15.83m0.0060%
NOK 1.8m
Ida Lerner
Group Chief Financial Officer2.5yrskr8.39m0.0010%
NOK 295.5k
Maria Loevold
Group EVP of the Retail Market & Personal Banking and COO5.3yrskr6.09m0.0010%
NOK 298.4k
Fredrik Berger
Group Executive VP of Group Compliance & Group Chief Compliance Officer1.3yrskr4.56m0.00063%
NOK 184.3k
Even Westerveld
Group Executive Vice President of People & Communicationless than a yearkr4.04m0.00014%
NOK 41.0k
Harald Serck-Hanssen
Group Executive Vice President of Large Corporates & International11.3yrskr9.93m0.0040%
NOK 1.2m
Hakon Hansen
Group Executive Vice President of Wealth Management5.9yrskr6.19m0.0020%
NOK 585.2k
Morten Opstad
Group Executive Vice President of Markets4.7yrskr12.70m0.0041%
NOK 1.2m
Per Naess-Fladset
Group Executive Vice President of Products1.1yrskr4.39mno data
Oyvind Trangerud
Acting Group Executive Vice President of Technology & Servicesno datano datano data
Rune Helland
Head of Investor Relationsno datano datano data
Tor Steenfeldt-Foss
Group Executive Vice President of Auditno datano datano data

4.7yrs

Average Tenure

46yo

Average Age

Experienced Management: DNBB.F's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kim Wahl
Independent Director2.8yrskr496.00k0.0017%
NOK 485.7k
Christine Bosse
Independent Director1.1yrskr505.00kno data
Petter-Boerre Furberg
Independent Director1.1yrskr361.00kno data
Olaug Svarva
Independent Chairman of the Board6.1yrskr1.19m0.00096%
NOK 280.9k
Gro Bakstad
Independent Director7.1yrskr658.00k0.00027%
NOK 79.0k
Eli Solhaug
Employee Representative Directorless than a yearkr171.00k0.00023%
NOK 67.3k
Lillian Hattrem
Employee Representative Director8.3yrskr632.00k0.00013%
NOK 38.0k
Jens Olsen
Independent Vice Chair of the Board5.3yrskr922.00k0.00080%
NOK 234.1k
Ann-Mari Sæterlid
Deputy Employee Representative Director3.9yrsno data0.000030%
NOK 8.8k
Haakon Sandven
Directorless than a yearno data0.000040%
NOK 11.7k

3.4yrs

Average Tenure

60yo

Average Age

Experienced Board: DNBB.F's board of directors are considered experienced (3.4 years average tenure).

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