Schibsted Management

Management criteria checks 2/4

Schibsted's CEO is Christian Halvorsen, appointed in Jun 2024, has a tenure of less than a year. total yearly compensation is NOK8.28M, comprised of 40.6% salary and 59.4% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth $265.22K. The average tenure of the management team and the board of directors is 0.8 years and 0.8 years respectively.

Key information

Christian Halvorsen

Chief executive officer

NOK 8.3m

Total compensation

CEO salary percentage	40.6%
CEO tenure	less than a year
CEO ownership	0.003%
Management average tenure	less than a year
Board average tenure	less than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Christian Halvorsen's remuneration changed compared to Schibsted's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	NOK 20b
Jun 30 2024	n/a	n/a	NOK 17b
Mar 31 2024	n/a	n/a	NOK 16b
Dec 31 2023	NOK 8m	NOK 3m	NOK 17b
Sep 30 2023	n/a	n/a	NOK 2b
Jun 30 2023	n/a	n/a	-NOK 2b
Mar 31 2023	n/a	n/a	-NOK 9b
Dec 31 2022	NOK 7m	NOK 3m	-NOK 23b
Sep 30 2022	n/a	n/a	-NOK 43b
Jun 30 2022	n/a	n/a	-NOK 39b
Mar 31 2022	n/a	n/a	-NOK 32b
Dec 31 2021	NOK 8m	NOK 3m	-NOK 19b
Sep 30 2021	n/a	n/a	NOK 1b
Jun 30 2021	n/a	n/a	NOK 1b
Mar 31 2021	n/a	n/a	NOK 1b
Dec 31 2020	NOK 7m	NOK 3m	NOK 1b
Sep 30 2020	n/a	n/a	NOK 1b
Jun 30 2020	n/a	n/a	NOK 855m
Mar 31 2020	n/a	n/a	NOK 227m
Dec 31 2019	NOK 3m	NOK 625k	NOK 307m

Compensation vs Market: Christian's total compensation ($USD750.17K) is below average for companies of similar size in the US market ($USD7.78M).

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

CEO

Christian Halvorsen (50 yo)

less than a year

Tenure

NOK 8,278,000

Compensation

Mr. Christian Printzell Halvorsen serves as an Executive Vice President of Nordic Marketplaces & Delivery at Schibsted ASA and serves as its Chief executive Officer form June 07, 2024 and served as its Exe...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christian Halvorsen	Chief Executive Officer	less than a year	NOK 8.28m	0.0035% $ 265.2k
Per Morland	Executive VP & CFO	1.1yrs	NOK 5.58m	no data
Andrew Tor Kvalseth	Executive VP Growth & Investments and Chief Investment Officer	3.3yrs	NOK 7.54m	0.0022% $ 171.2k
Grethe Malkmus	Executive VP and Chief People & Communications Officer	2.1yrs	NOK 4.18m	0.0012% $ 94.0k
Siv Tveitnes	Executive Vice President of News Media	5.8yrs	NOK 6.72m	0.0058% $ 441.0k
Sven Thaulow	Executive Vice President of Foundation	less than a year	NOK 7.65m	0.012% $ 934.8k
Ragnar Kårhus	Acting EVP of People & Communications	less than a year	NOK 4.37m	no data
Hanna Lindqvist	Executive Vice President of Technology	less than a year	no data	no data
Jann-Boje Meinecke	VP of FP&A and Investor Relations	5yrs	no data	no data
Daniel Frykholm	VP & Head of Group Communication	no data	no data	no data
Ruben Søgaard	Executive Vice President of Marketing & Sales	less than a year	no data	no data
Bernt Olufsen	Editor	no data	no data	no data

0.8yrs

Average Tenure

50yo

Average Age

Experienced Management: SBSN.Y's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Karl-Christian Agerup	Chairman	4.5yrs	NOK 1.41m	no data
Rune Bjerke	Independent Deputy Chair	3.5yrs	NOK 1.18m	0.0063% $ 480.8k
Rolv Erik Ryssdal	Director	less than a year	NOK 13.32m	no data
Philippe Vimard	Independent Director	6.5yrs	NOK 847.00k	0.0083% $ 635.2k
Ulrike Handel	Independent Director	1.6yrs	NOK 563.00k	no data
Satu Kiiskinen	Independent Director	2.5yrs	NOK 783.00k	no data
Henning Spjelkavik	Employee Representative Director	less than a year	NOK 138.00k	0.0019% $ 144.5k
Sarah Blystad	Deputy Employee Representative Board Member	less than a year	no data	no data
Kamilla Wehrmann	Employee Representative Director	less than a year	no data	no data
Natasha ten Cate	Director	less than a year	no data	no data
Yevgeniya Nattila	Employee Representative Board Member	less than a year	no data	no data
Karl Ewaldh	Deputy Employee Representative Board Member	less than a year	no data	no data

0.8yrs

Average Tenure

59yo

Average Age

Experienced Board: SBSN.Y's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.

Schibsted Management

Management criteria checks 2/4

Key information

Recent management updates

Schibsted ASA Announces Management Changes

Schibsted ASA Announces Resignation of Kristin Skogen Lund as CEO

Schibsted Announces Resignation of Ragnar Kårhus as CFO

Schibsted ASA Announces Board Changes

Recent updates

Schibsted ASA Approves Extraordinary Dividend

Schibsted ASA Proposes Extraordinary Dividend

Schibsted ASA Announces Management Changes

Schibsted ASA Declares Extraordinary Dividend

Schibsted ASA Declares Extraordinary Dividend

Schibsted ASA Approves Dividend for the Financial Year 2023

Schibsted ASA (OB:SCHA) agreed to acquire HomeQ Technologies AB.

Schibsted ASA Announces Resignation of Kristin Skogen Lund as CEO

Permira Advisers Ltd., The Blackstone Group International Partners LLP, General Atlantic Service Company, L.P. and TCMI Inc. made an offer to acquire Adevinta ASA (OB:ADE) from Schibsted ASA (OB:SCHA), eBay Inc. (NasdaqGS:EBAY) and Permira Advisers Ltd. for NOK 141 billion.

Permira Advisers Ltd., The Blackstone Group International Partners LLP, General Atlantic Service Company, L.P. and TCMI Inc. made an offer to acquire Adevinta ASA (OB:ADE) from Schibsted ASA (OB:SCHA), eBay Inc. (NasdaqGS:EBAY) and Permira Advisers Ltd. for NOK 141 billion.

Schibsted ASA to Report Q4, 2023 Results on Feb 07, 2024

Schibsted ASA (OB:SCHA) acquired 10.1% stake in Viaplay Group AB (publ) (OM:VPLAY B).

Polaris Media ASA (OB:POL) agreed to acquire Vestnytt As, AskøyvÆRingen A/S, Forlaget Strilen As, Øyposten As, Øyposten AS and Randaberg 24 As from Schibsted ASA (OB:SCHA).

Schibsted ASA Proposes Cash Dividend for 2022, Payable on 10 May 2023

Schibsted Announces Resignation of Ragnar Kårhus as CFO

Schibsted ASA to Report Fiscal Year 2022 Results on Mar 30, 2023

Schibsted ASA (OB:SCHA) acquired the 5% stake in Linear Oy.

Schibsted ASA to Report Q4, 2022 Results on Feb 10, 2023

Schibsted ASA Announces Board Changes

Schibsted ASA to Report Q3, 2021 Results on Oct 27, 2022

Schibsted ASA (OB:SCHA) acquired 3Byggetilbud.Dk A/S.

Schibsted ASA Reports Impairment for the Fourth Quarter Ended December 2021

Sweetdeal A/S agreed to acquire Let's deal AS from Schibsted ASA (OB:SCHA).

Tibber AB acquired Kundkraft Sverige AB from Schibsted ASA (OB:SCHA).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age