SpareBank 1 Østlandet Management
Management criteria checks 4/4
SpareBank 1 Østlandet's CEO is Richard Heiberg, appointed in Jun 2010, has a tenure of 13.25 years. total yearly compensation is NOK5.03M, comprised of 94.7% salary and 5.3% bonuses, including company stock and options. directly owns 0.098% of the company’s shares, worth $1.38M. The average tenure of the management team and the board of directors is 6.8 years and 4.7 years respectively.
Key information
Richard Heiberg
Chief executive officer
kr5.0m
Total compensation
CEO salary percentage | 94.7% |
CEO tenure | 13.3yrs |
CEO ownership | 0.1% |
Management average tenure | 6.8yrs |
Board average tenure | 4.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2023 | n/a | n/a | kr2b |
Mar 31 2023 | n/a | n/a | kr1b |
Dec 31 2022 | kr5m | kr5m | kr1b |
Sep 30 2022 | n/a | n/a | kr1b |
Jun 30 2022 | n/a | n/a | kr1b |
Mar 31 2022 | n/a | n/a | kr1b |
Dec 31 2021 | kr5m | kr5m | kr1b |
Sep 30 2021 | n/a | n/a | kr1b |
Jun 30 2021 | n/a | n/a | kr1b |
Mar 31 2021 | n/a | n/a | kr1b |
Dec 31 2020 | kr5m | kr5m | kr1b |
Sep 30 2020 | n/a | n/a | kr995m |
Jun 30 2020 | n/a | n/a | kr974m |
Mar 31 2020 | n/a | n/a | kr996m |
Dec 31 2019 | kr5m | kr4m | kr1b |
Sep 30 2019 | n/a | n/a | kr1b |
Jun 30 2019 | n/a | n/a | kr1b |
Mar 31 2019 | n/a | n/a | kr1b |
Dec 31 2018 | kr5m | kr4m | kr965m |
Sep 30 2018 | n/a | n/a | kr959m |
Jun 30 2018 | n/a | n/a | kr970m |
Mar 31 2018 | n/a | n/a | kr875m |
Dec 31 2017 | kr7m | kr4m | kr850m |
Sep 30 2017 | n/a | n/a | kr546m |
Jun 30 2017 | n/a | n/a | kr714m |
Mar 31 2017 | n/a | n/a | kr755m |
Dec 31 2016 | kr6m | kr3m | kr737m |
Compensation vs Market: Richard's total compensation ($USD470.52K) is below average for companies of similar size in the US market ($USD5.10M).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
CEO
Richard Heiberg (67 yo)
13.3yrs
Tenure
kr5,026,000
Compensation
Mr. Richard H. Heiberg had been Deputy Chairman of the Board at SpareBank 1 Gruppen AS since April 4, 2018 until April 30, 2020 and serves as its Director. He has been the Chief Executive Officer of SpareB...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chief Executive Officer | 13.3yrs | kr5.03m | 0.098% NOK 1.4m | |
Chief Financial Officer | 6.8yrs | kr3.28m | 0.038% NOK 536.7k | |
Chief Operations Officer | 4.3yrs | kr2.44m | 0.0018% NOK 25.0k | |
Executive Vice President HR & Legal | 2.4yrs | kr2.23m | 0.0033% NOK 46.5k | |
Executive Vice President Communication & Social Affair | no data | kr2.38m | 0.0034% NOK 48.3k | |
Executive Vice President of Corporate Market | no data | kr2.71m | 0.0030% NOK 42.7k | |
Executive Vice President of Innovation & Business Development | no data | kr2.70m | 0.0066% NOK 92.2k | |
Chief Risk Officer | no data | kr2.48m | 0.0074% NOK 104.0k | |
Head of Personal Banking & Executive VP of Retail Market | no data | kr2.76m | 0.0030% NOK 42.7k | |
Executive Vice President of Organisation & Capital Markets | no data | kr2.39m | no data | |
Head of Investor Relations | no data | no data | no data | |
Managing Director of EiendomsMegler 1 Innlandet AS | 10.8yrs | kr1.78m | no data |
6.8yrs
Average Tenure
59.5yo
Average Age
Experienced Management: SPRB.F's management team is seasoned and experienced (6.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chair of the Board | 17.7yrs | kr509.00k | no data | |
Deputy Chairman of the Board | 13.7yrs | kr385.00k | no data | |
Director | 4.7yrs | kr350.00k | no data | |
Member of the Board of Representatives | no data | kr24.00k | no data | |
Chairman of the Supervisory Board | no data | kr6.00k | no data | |
Director | 4.7yrs | kr328.00k | no data | |
Deputy Chairman of supervisory board | 5.5yrs | no data | no data | |
Director | 1.7yrs | kr192.00k | 0.0013% NOK 18.8k | |
Director | 2.7yrs | kr230.00k | no data | |
Deputy Director | no data | no data | no data | |
Director | 1.7yrs | kr188.00k | no data | |
Director | 1.7yrs | kr201.00k | 0.00020% NOK 2.8k |
4.7yrs
Average Tenure
55.5yo
Average Age
Experienced Board: SPRB.F's board of directors are considered experienced (4.7 years average tenure).