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Schibsted ASA (SBSTB.OL)

SBSTB.OL on Oslo Stock Exchange

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24 Sep 2018
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Summary

Name Age Since Current Position

Ole Sunde

64 2002 Chairman of the Board

Rolv Ryssdal

55 2009 Chief Executive Officer

Trond Berger

61 Chief Financial Officer, Executive Vice President

Sondre Gravir

2017 Chief Executive Officer Schibsted Marketplaces

Raoul Grunthal

2017 Chief Executive Officer Schibsted Media

Torbjorn Ek

41 2016 Director, Employee Representative

Ingunn Saltbones

47 2015 Director, Employee Representative

Finn Vaga

58 2015 Director, Employee Representative

Philippe Vimard

44 2018 Director

Marianne Budnik

50 2016 Independent Director

Orla Noonan

48 2017 Independent Director

Christian Ringnes

64 2005 Independent Director

Birger Steen

52 2014 Independent Director

Eugenie van Wiechen

49 2012 Independent Director

Jo Steigedal

Vice President, Head of Investor Relations

Biographies

Name Description

Ole Sunde

Mr. Ole Jacob Sunde has served as Chairman of the Board of Directors of Schibsted ASA since May 2002. He has also been Chairman of the Company's Compensation Committee since 2004. He has served as Member of the Company's Board of Directors since May 2000. He is the founder and has been Chairman of the Board of Formuesforvaltning ASA since 2000. He established Industrifinans Forvaltning ASA (1983), of which he was Managing Director until 2000. He is a former Consultant at McKinsey & Co. (1980-1983) and has various board appointments at other companies, including Chairman of the Board of The Tinius Trust and Member of the Board of Blommenholm Industrier AS. He is also Member of the Board of The Scott Trust and Princess Martha Louise’s Fund. He obtained Master of Business Administration degree from Universite de Fribourg (Switzerland) in 1976 and he graduated from the Kellogg School of Management, Northwestern University (the United States) in 1980.

Rolv Ryssdal

Mr. Rolv Erik Ryssdal no longer serves as Chief Executive Officer of Schibsted ASA effective as of by the end of 2018 (around December 31, 2018). He has held the position since June 1, 2009. He joined the Schibsted Group in 1991 and has held several management positions including Chief Executive Officer (CEO) of Aftonbladet between 1999 and 2005, CEO of VG between 2005 and 2008 and CEO of Schibsted Classified Media between 2008 and 2009. He holds Master of Arts degree in Business and Economics from Handelshoyskolen BI and Master of Business Administration degree from INSEAD.

Trond Berger

Mr. Trond Berger serves as Chief Financial Officer and Executive Vice President of Schibsted ASA. He has been Executive Vice President of the Company since 1999. He is in charge of Finance, Treasury, Investor Relations and Mergers and Acquisitions at the Company. His previous positions include Investment Director with Stormbull in 1998, Executive Vice President and Chief Financial Officer of Nycomed ASA and Executive Vice President for Strategy and Business Development at Nycomed Amersham between 1997 and 1998, and Partner at Arthur Andersen between 1981 and 1992. He is Member of the Boards of Directors of a number of Schibsted subsidiaries. He has been a State-Authorized Public Accountant since 1984. He holds a Master of Arts degree in Economics from Handelshoyskolen BI and graduated from the Norwegian Armed Forces' Officer Candidate School (befalsskolen) in 1977.

Sondre Gravir

Mr. Sondre Gravir has been Chief Executive Officer Schibsted Marketplaces at Schibsted ASA since 2017. He has previously been Executive Vice President Europe, Established Sites at Schibsted ASA since November 24, 2015. Gravir joined Schibsted in 2007. Prior to Schibsted he spent four years in McKinsey&Company as a management consultant. In Schibsted he has been the CEO in Bergens Tidende and Aftenposten, before joining FINN as the CEO in the beginning of 2015, where he has also been part of the board in two periodes since 2007. He is the asset owner of Willhaben in SCM and has been a part of the SCM management team. His educational background is from the Norwegian School of Economics and Business Administration (NHH) and National University of Singapore (NUS). He also did the Norwegian naval officer school.

Raoul Grunthal

Mr. Raoul Grunthal has been Chief Executive Officer Schibsted Media at Schibsted ASA since 2017. He has previously been Executive Vice President Sweden at Schibsted ASA since November 24, 2015. He has also been Chief Executive Officer of Schibsted Sverige AB within the Company since 2009. He is also Chairman of the Board of Directors of Aftonbladet and Svenska Dagbladet. He was Chief Executive Officer of Svenska Dagbladet between 2006 and 2009, and in the period between 2003 and 2006, he was Chief Executive Officer of the news agency TT. He also has experience from the financial industry and as Founder of the financial daily newspaper Finanstidningen.

Torbjorn Ek

Mr. Torbjorn Harald Ek has been Director, Employee Representative at SCHIBSTED ASA since May 11, 2016. He was Deputy Board Member of Schibsted Media Group from 2012 to 2015. He has been elected by the employees in Sweden. He joined Aftonbladet as a reporter and videographer in 2005. He was foreign correspondent for Aftonbladet 2009-2012, covering current affairs, politics, crime, sports and showbiz. Currently, he is based at Aftonbladet’s headquarters in Stockholm, covering showbiz, and also hosting and producing TV shows for Aftonbladet's online television. Elected member of the Board of the local journalist union at Aftonbladet (2006-). He holds Bachelor’s degree in journalism from Stockholm University (1999-2001).

Ingunn Saltbones

Ms. Ingunn Saltbones has been Director, Employee Representative at Schibsted ASA since May 8, 2015. She was previously Director of Schibsted Media Group from May 2001 to May 2003. She has been Journalist in VG since 1997, covering current affair news, health and royalty, and more recently sex and relationships. She was VG’s Paris correspondent from 2002–2003. She has been senior health and safety representative in VG from 2011. She was also Leader of the Editorial Union from 1999 to 2001 and served asTV and radio reporter for NRK Buskerud from 1996 to 1997, freelancer for NRK news from 1995 to 1996. She has also worked for TV2 News, NRK Dagsnytt and the newspaper Vart Land. Ingunn Saltbones holds a degree in journalism from Oslo University College of Applied Sciences (1994-1996) and in French from the University of Oslo (1992-1994).

Finn Vaga

Mr. Finn E. Vaga has been Director, Employee Representative at Schibsted ASA since May 8, 2015. He has been Deputy Board Member of Schibsted Media Group since May 2013. He joined Stavanger Aftenblad in 1982, where he serves as feature editor. He has previously been illustration editor at Stavanger Aftenblad, and travel and feature journalist. He was elected union representative for the local journalist union in Stavanger Aftenblad (1996–2002, 2006–2012), leader of the Works Council in Schibsted Norge (2008–2012), Board member of NJ Schibsted (2008–2012), deputy member, National Executive Council, Norwegian Union of Journalists, (2003–2017) and member of Works Council, Norwegian Union of Journalists (2007–2017). His educational background is in photography.

Philippe Vimard

Mr. Philippe Vimard has been Director of SCHIBSTED ASA since May 3, 2018. He is Chief Technical Officer and Board Member of Doctolib, the online booking platform and management software provider for doctors and hospitals in Europe. Based in France. Previously Chief Technology Officer of payment technology company Klarna in Sweden (2016-18) and Chief Operating Officer and Chief Technology Officer at online travel group eDreams ODIGEO in Spain (2011-15). Before this , heheld a series of positions with Expedia in North America and Europe from 2002 until 2010, including Senior Director, Lodging and Chief Technology Officer of Venere.com. He began his career as co-founder of an application service provider start-up in Canada. Board Director of Busbud in Canada, a global bus travel comparison and booking platform, since 2017. He is educated in Applied Science at Maisonneuve College and Computer Science at CDI College in Montreal.

Marianne Budnik

Ms. Marianne Budnik has been Independent Director at Schibsted ASA since May 11, 2016. She is Chief Marketing Officer and leads global revenue operations for CyberArk Software, based in Boston. Budnik has over 25 years of multidisciplinary technology industry experience. She previously served as chief marketing officer for SimpliVity Corporation (acquired by Hewlett Packard Enterprise), Senior Vice President of product line management for Acme Packet (2011-2014), through the company’s acquisition by Oracle in 2013. She was Chief Marketing Officer of CA Technologies (formerly Computer Associates) between 2009 and 2011, and held a series of leadership positions within EMC Corporation between 2000 - 2009, including Vice President, Global Marketing Programs, heading the EMC marketing operations and corporate strategic planning organization, and Director of Software Product Marketing. She holds MBA from Boston University and a BA from Babson College.

Orla Noonan

Ms. Orla Noonan has been Independent Director of SCHIBSTED ASA since May 12, 2017. She is CEO of Groupe AB, a leading editor, producer and distributor of audio-visual content in French-speaking Europe, which is owned by Mediawan. Noonan started her career in investment banking with Salomon Brothers in London, where she worked particularly with the telecom and media sectors. She joined Groupe AB in1996, participating in IPOs in New York and Paris. Subsequently, she oversaw the Group’s acquisitions, including the takeover of RTL9 and TMC TV channels, as well as its financial and regulatory affairs. Noonan was also President of the DTT channel NT1 between 2005 and 2010. She was nominated CEO in 2014, she initiated the build-up of the Group’s production business through the acquisition of independent production companies. She joined Mediawan’s Strategic Committee following their acquisition of Groupe AB in March 2017. Noonan is an independent Director of Iliad and SMCP. Orla Noonan is a graduate of HEC, Paris (Diplome HEC, 1994) and Trinity College, Dublin (BA (Hons) Economics, 1992).

Christian Ringnes

Mr. Christian Ringnes has been Independent Member of the Board of Directors of Schibsted ASA since May 2005. He is Chairman of the Company's Audit Committee. He was Deputy Board Member in the Company from May 2002 to 2005. In addition, he has been Managing Director and the majority shareholder in Eiendomsspar AS and Victoria Eiendom AS since 1984. He also held the position of a Consultant (1981-1982) and Project Manager (1983-1984) at McKinsey & Company, INC - Scandinavia. He also worked for Manufactures Hanover Trust Company as Assistant to Area Manager, Nordic Countries between 1978 and 1979. He has also been Chairman of the Board of Pandox AB, NSV-Invest AS, Sundt AS, Dermanor AS, Oslo Flaggfabrikk AS and Mini Bottle Gallery AS. He is also Board Member in Thor Corporation AS and Norges Bank’s Real Estate Investment Board. He also holds various directorships in companies in the Eiendomsspar group. He studied at Harvard Business School, Boston, the United States between 1979 and 1981 where he received a Master of Business Administration degree. He also received a Master of Business Administration degree from Ecole des Hautes Etudes Commerciales, Universite de Lausanne, where he studied between 1975 and 1978.

Birger Steen

Mr. Birger Steen has been Independent Member of the Board of Directors of Schibsted ASA since May 7, 2014. He is early-stage investor based in Seattle. He is non-Executive Director of Nordea, Nordic Semiconductor ASA and Skooler, Inc. Birger Steen was CEO of Parallels, Inc. from 2010 till 2016. He previously served as Vice President of Worldwide SMB and Distribution at Microsoft Corp. in Redmond and as General Manager of Microsoft Russia and Microsoft Norway. Prior to joining Microsoft in 2002, Birger was CEO of Scandinavia Online and Vice President of Business Development with Schibsted ASA. His first engagement with the Schibsted group took place while he worked for McKinsey & Company as a consultant and engagement manager from 1993 to 1996. Before joining McKinsey, Birger was as an Oil trader with Norwegian Oil Trading in Lithuania. Birger holds a Master of Science degree in Computer Science and Industrial Engineering from the Norwegian Institute of Technology in Trondheim. He also holds a degree in Russian Language from the Defense School of Intelligence and Security and received his MBA from INSEAD in France.

Eugenie van Wiechen

Ms. Eugenie van Wiechen has served as Independent Member of the Board of Directors in Schibsted ASA since May 11, 2012. She is Chief Executive Officer of FD Mediagroep, the Netherlands. Previously she was Managing Director in LinkedIn.com, the Netherlands (2009-2011); Managing Director in eBay.nl, Marktplaats.nl, the Netherlands (2008-2009) as well as Publisher in Young Women’s Magazines and Director Consumer Marketing (2006-2008) and Director of Consumer and Trade Marketing (2003-2006) in Sanoma Uitgevers, the Netherlands. She was also Management Consultant and Engagement Manager in McKinsey & Company, the Netherlands (1995-2003) and is winner of the Dutch Media Leadership award in 2016. She is Board Member at the Dutch Cancer Society since 2015. She gained education at the Universiteit van Amsterdam, where she received Master of Science Degree in Chemical Engineering in 1994. She also studied in INSEAD, Fontainebleau, France, and received Master of Business Administration degree in 1997.

Jo Steigedal

Basic Compensation

Name Fiscal Year Total

Ole Sunde

1,095,000

Rolv Ryssdal

6,342,000

Trond Berger

4,289,000

Sondre Gravir

5,140,000

Raoul Grunthal

4,306,000

Torbjorn Ek

510,000

Ingunn Saltbones

460,000

Finn Vaga

585,000

Philippe Vimard

--

Marianne Budnik

560,000

Orla Noonan

--

Christian Ringnes

630,000

Birger Steen

665,000

Eugenie van Wiechen

635,000

Jo Steigedal

--
As Of  31 Dec 2017