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Sparebank 1 SMN (MING.OL)

MING.OL on Oslo Stock Exchange

86.80NOK
18 Jan 2018
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Summary

Name Age Since Current Position

Kjell Bjordal

64 2013 Chairman of the Board

Finn Haugan

64 2010 Group Chief Executive Officer

Bard Benum

55 2013 Deputy Chairman of the Board

Kjell Fordal

60 Executive Director - Finance and Strategy

Rolf Broske

37 2016 Executive Director – Communications and Society

Vegard Helland

42 2015 Executive Director – Corporate Banking

Nelly Maske

42 2014 Executive Director - Organization and Development

Svein Samdal

46 Executive Director – Retail Banking

Erik Gunnes

51 2016 Director, Employee Representative

Paul Hjelm-Hansen

55 2008 Director

Arnhild Holstad

54 2010 Director

Venche Johnsen

65 2017 Director, Employee Representative

Morten Loktu

57 2013 Director

Aud Skrudland

58 2010 Director

Janne Thyo Thomsen

60 2014 Director

Biographies

Name Description

Kjell Bjordal

Mr. Kjell Bjordal has served as Chairman of the Board of Directors at SpareBank 1 SMN since March 21, 2013. He has previously been Deputy Chairman of the Board of Directors at the Company since March 28, 2012, and he has been Member of the Company's Board of Directors since 2007. He is Member of the Company remuneration committee since 2012 and chair since 2013. He has experience as Experience as CEO of EWOS Group and head of Cermaq’s fish food division. CEO of NorAqua, finance director and CEO of the Glamox Group and director at Trondelag Theatre. He has been Board chairman of Axess, Nordlaks, Broodstock Capital Partners, Brodrene Dyroy and Norsk Landbrukskjemi, Deputy Board Chair of Entra Eiendom and Board member of Florvaag Bruk Holding. He holds a degree in Economics from Norges Handelshoyskole, Bergen (Norwegian School of Economics and Business Administration) NHH, 1976. He also studied Law and attended and Advanced Management Program at Wharton Business School, 1989.

Finn Haugan

Mr. Finn Haugan has served as Group Chief Executive Officer at Sparebank 1 SMN since 2010. He joined the Company as Chief Executive Officer in 1991. He has experience from managerial positions from 13 years at Fokus Bank, with final two years as Deputy CEO. He has been Chairman of BN Bank and the Norwegian Savings Banks Association, Board member of Finance Norway (FNO). He has also been Chairman of SpareBank 1 Gruppen from 2017, Chairman of EiendomsMegler 1 Midt-Norge and SpareBank 1 Markets, Board Member of Trondheim Stiftelse Til Nevrovitenskaplig Forskning (Kavli Stiftelsen). He holds a degree in Business Economics from Norwegian School of Management (Handelshoyskolen BI) since 1977.

Bard Benum

Mr. Bard Benum has served as Deputy Chairman of the Board of Directors at SpareBank 1 SMN since March 21, 2013. He was previously Member of the Board of Directors at the Company since March 2009. He is also Member of the internal audit committee since 2009 and member of the risk committee since 2013 at the Company. He has also been Group Chief Executive Officer at Powel. He has held senior positions at Norsk Hydro, Statoil and Reitan Group. He served as Chief Executive Officer of Cresco between 1998 and 2000, and of Vital Forsikring between 2001 and 2007. He holds Master of Science degree from Norges Teknisk-Naturvitenskapelige Universitet - NTNU from 1987.

Kjell Fordal

Mr. Kjell Fordal serves as Executive Director - Finance and Strategy at Sparebank 1 SMN. He joined the Company in 1982. He has been Chairman of SpareBank 1 Regnskapshuset SMN, SpareBank 1 SMN Pensjonskasse, SpareBank 1 Naeringskreditt, SpareBank 1 Boligkreditt, SpareBank 1 SMN Invest, GMA Invest, SMB Lab and Proven Eiendom, Board member of SpareBank 1 Markets, SpareBank 1 Kredittkort, BN Kreditt and Trondhjems Turistforening. He holds a degree in Business Economics (1981) and a Master of Management (2004) from Handelshoyskolen BI (Norwegian School of Management).

Rolf Broske

Mr. Rolf Jarle Broske has been appointed Executive Director – Communications and Society at SPAREBANK 1 SMN effective as of October 1, 2016. Previously, he was industrial policy director at Det norske Oljeselskap, and on the management team of Danske Bank (Fokus Bank). He was also Adviser to the Minister of Trade and Industry, Borge Brende, and to the Mayor of Trondheim. He has held a number of political positions. He has studies in political science and history at Molde University College and the Norwegian University of Science and Technology (NTNU).

Vegard Helland

Mr. Vegard Helland has served as Executive Director – Corporate Banking of SPAREBANK 1 SMN since 2015. He was Executive Director Group Customers, Credit at the Company from January 1, 2013 until 2015. Before that, he has been Executive Director, Corporate Market Division of the Company since August 2010. He holds a degree in Business Economics from Handelshogskolen i Bodo - HB (Bodo Graduate School of Business) from 1999 and is authorized financial analyst (AFA) from the Norwegian School of Economics and Business Administration (2007). He joined the Company in 2003, his was primarily responsible for major clients. He was head of the SpareBank 1 SMN’s Corporate market Division since August 2010, Head of the SpareBank 1 SMN’s group credit committee since 2007. Previously he served at KPMG (aquaculture and fisheries). He has been Chairman of SpareBank 1 Finans Midt-Norge and board member of SpareBank 1 Gruppen Finans, Conecto, SMB Lab and Mavi XV and Alternate board member of SpareBank 1 SMN Card Solutions.

Nelly Maske

Ms. Nelly S. Maske has been Executive Director - Organization and Development at SPAREBANK 1 SMN since December 9, 2014. She joined from the post of assistant executive director of Retail Banking at SpareBank 1 SMN. She joined the bank in 2013, and has experience from the professional services firm Ernst & Young, latterly as director at Ernst & Young Advisory from 2010 to 2013. She is Board Member of SpareBank 1 Mobilbetaling, BN Bolig and SMB Lab. She holds Master of Science from South Bank University in London 2000, Bachelor’s degree in business and administration from Sor-Trondelag University College (previously TOH) 1998.

Svein Samdal

Mr. Svein Tore Samdal serves as Executive Director – Retail Banking at SPAREBANK 1 SMN. He joined the Company in 2013. He has held senior positions at Eiendomsmegler 1 Midt-Norge since 2006. Previously he was Sports Director of the women’s national cross-country ski team at the Norwegian Ski Federation, 2001-2006. He has been Chairman of Allegro Kapitalforvaltning. He holds Master’s degree in Political Science from Norwegian University of Science and Technology (1999).

Erik Gunnes

Mr. Erik Gunnes has been Director, Employee Representative at SPAREBANK 1 SMN since March 31, 2016. He was Alternate Board member since 2014 and regularly attending alternate for the employees at the Company. He has 21 years’ experience in various positions with SpareBank 1 SMN. He was Board member of the Finance Sector Union in Trondelag (2010–2012). He has three-year business school and bank-related training at Bankakademiet and BI Norwegian Business School.

Paul Hjelm-Hansen

Mr. Paul E. Hjelm-Hansen has served as Member of the Board of Directors of Sparebank 1 SMN since 2008. He has been chairman of the internal audit committee since 2008 and Head of the risk committee since 2013. He is Private Investor and self-employed Financial Advisor. He is Chairman of the Boards of Directors of Arild og Emilie Bachkes Fond, Trondhjems Kunstforenings Endowment Board and Generalkonsul Adolf Oiens Donationsfond, as well as Member of the Board of Directors of Bachke & Co. He held the positions of Financial Analyst, Portfolio Manager at Christiania Bank og Kreditkasse and Fokus Bank, and Head of Finance and Finance Director at Bachke & Co and Det Norske Oljeselskap, respectively. He holds Master of Business Administration degree from the University of Denver from 1988, and is Certified European Financial Analyst from Norges Handelshoyskole, Bergen - NHH since 1996 and Authorized Portfolio Manager from the same institution from 2001.

Arnhild Holstad

Ms. Arnhild Holstad has served as Member of the Board of Directors at Sparebank 1 SMN since April 2010. She holds a Bachelor’s degree (Cand.mag degree) and is Journalist. She served as Communication Manager at Statskog from 2007 until 2015. She previously was Political Advisor of Labor and Social Inclusion (2005-2007), Project Manager at Olav Duun Innovasjon (2003-2005), Journalist at Namdalsavisa newspaper (1991-2003) and Refugee Advisor in Aukra municipality (1988-1989). She was also Teacher at Oppegard upper secondary school (1987-1988). She has been Chief executive officer of Namsos municipality and Board Member of NTE Holding.

Venche Johnsen

Ms. Venche Johnsen has been Employee Representative on the Board of Directors at Sparebank 1 SMN since March 28, 2017. She previously held that position from 2004 until March 31, 2016. She is Group employee representative at the Finance Sector Union branch at SpareBank 1 SMN. She has been in various positions in her 38 years in the Company. She holds varied education from Bankakademiet and at university college level.

Morten Loktu

Mr. Morten Loktu has served as Member of the Board of Directors at Sparebank 1 SMN since March 21, 2013. He is Member of the Company remuneration committee since 2013. He has been Senior Vice President with responsibility for LEAN at Statoil. He previously was Area director, Statoil’s production and development activity off Mid-Norway and North Norway (2011-2016). He joined Statoil in 1985 and has held various posts including in research and development. He was in charge of Statoil’s technology organization (2000-2002) and Senior Vice President, research and development at Statoil (2005-2010), as well as Group CEO, SINTEF Group (2002-2004). He holds Master of Science degree from Norwegian University of Science and Technology (1984).

Aud Skrudland

Ms. Aud Skrudland has served as Member of the Board of Directors at Sparebank 1 SMN since April 2010. She is Member of the Company remuneration committee since 2012. She is Veterinarian from Norges Veterinaerhogskole (1984), specializing in fish diseases. She received additional training in marketing and public law. She is Special inspector on the staff of the director of the mid-Norway region, Norwegian Food Safety Authority. She has experience from the fish farming industry in the fields of fish health and product development, marketing and sale of medicinal products for fish. She is Chair of the program committee on aquaculture at the Research Council of Norway, former Member of the Averoy municipal council and municipal executive board, the board of directors of Romsdal Fellesbank and the Control Committee and the Supervisory Board of Sparebank 1 SMN.

Janne Thyo Thomsen

Ms. Janne Thyo Thomsen has served as Member of the Board of Directors of Sparebank 1 SMN since March 26, 2014. She has been Member of the Company audit and risk committee since 2014. She has been Consultant and adviser at JT Targeting in Denmark. Previously she was senior vice president at Moody’s rating agency (1997–2012). Prior to that she was serves at Yamaichi International (Europe) Limited (1987–1995), the Ministry of Finance, Government Debt Office (1984–1987) and at the Export Credit Council, Ministry of Industry (1981–1984). She holds Cand. Jur. (law) degree from University of Copenhagen (1981) and she holds Graduate Diploma in Business Administration from Copenhagen Business School (1986).

Basic Compensation

Name Fiscal Year Total

Kjell Bjordal

463,000

Finn Haugan

8,839,000

Bard Benum

306,000

Kjell Fordal

4,197,000

Rolf Broske

461,000

Vegard Helland

3,033,000

Nelly Maske

2,425,000

Svein Samdal

3,282,000

Erik Gunnes

938,000

Paul Hjelm-Hansen

300,000

Arnhild Holstad

201,000

Venche Johnsen

715,000

Morten Loktu

223,000

Aud Skrudland

223,000

Janne Thyo Thomsen

271,000
As Of  31 Dec 2016