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Storebrand ASA (STB.OL)

STB.OL on Oslo Stock Exchange

67.10NOK
23 May 2018
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Summary

Name Age Since Current Position

Didrik Munch

62 2017 Chairman of the Board

Odd Grefstad

52 2012 Chief Executive Officer

Lars Loddesol

53 2012 Group Chief Financial Officer

Karin Greve-Isdahl

39 2017 Executive Vice President Communications and Investor Relations

Wenche Martinussen

50 2017 Executive Vice President, Customer Retail Norway

Jan Saugestad

53 2015 Executive Vice President Asset Management

Heidi Skaaret

57 2012 Managing Director, People & Technology

Jostein Dalland

49 Managing Director, Digital Business Development

Staffan Hansen

53 2015 Managing Director, Customer Area Sweden

Geir Holmgren

45 2016 Managing Director, Customer Service and Product

Karin Bing Orgland

59 2015 Director

Laila Dahlen

50 2013 Director

Arne Hastein

45 2014 Director, Employee Representative

Jan Opsahl

69 2016 Director

Ingvild Pedersen

33 2017 Director, Employee Representative

Liv Sandbaek

2018 Director

Martin Skancke

52 2014 Director

Heidi Storruste

53 2013 Director, Employee Representative

Kjetil Krokje

2014 Head of Investor Relations

Biographies

Name Description

Didrik Munch

Mr. Didrik Munch has been Chairman of the Board at STOREBRAND ASA since April 5, 2017. He is CEO of Schibsted Norway. He holds Law degree and studied at Norwegian Police University College. He previously was CEO, Bergens Tidende 1997-2008; Division Director, DnB 1994-1997; Bank Director, DnB 1990-1994; Lawyer, Nevi/Bergen Bank 1987-1990; Company Secretary, Kyrre AS 1986-1987; Police Intendant I/II 1984-1986; Police Inspector 1979-1984. He serves at Leroy Seafood Group, Grieg Star Shipping and Nye Wermlands Tidningen AB.

Odd Grefstad

Mr. Odd Arild Grefstad has been Chief Executive Officer of Storebrand ASA since July 13, 2012. Previously, he served as Acting Chief Executive Officer of the Company from June 1, 2012. He also served as Managing Director of Storebrand Life Insurance within the Company from March 1, 2011 until July 13, 2012. Prior to this he was Executive Vice President, Chief Financial Officer and Group Legal from 2002 until March 1, 2011, and before that, served as Head of Business Control at Storebrand ASA (1998-2002). His other positions within the Company include Group Controller, Life Insurance (1997-1998) and Vice President, Internal Audit (1994-1997). He joined the Storbrand Group in 1994. Earlier in his career, he worked for Arthur Andersen & Co (1989-1994) as External Auditor. Mr. Grefstad is State Authorized Public Accountant and Authorized Finance Analyst (AFA) from Norwegian School of Economics and Business Administration.

Lars Loddesol

Mr. Lars Aa. Loddesol has served as Group Chief Financial Officer of Storebrand ASA since March 1, 2011. Previously, he was Chief Operating Officer of the Company between March 1, 2011 and September 17, 2012. He has worked for the Storebrand Group since 2001. Previously, he was also Executive Vice President of Life and Pension Norway (2004-2011) and Managing Director of Storebrand Livsforsikring AS at the Company until March 1, 2011. Prior to that, he was Deputy Managing Director and Finance Director at Storebrand ASA between 2001 and 2004. He also served as Vice President / Relationship Manager of Citibank International plc between 1994 and 2001, and Assistant Treasurer at Scandinavian Airlines Systems between 1990 and 1994. He holds Master of General Business degree from Handelshoyskolen BI and a Master of Business Administration degree from Thunderbird (AGSIM), the United States.

Karin Greve-Isdahl

Ms. Karin Greve-Isdahl has been Executive Vice President Communications and Investor Relations at STOREBRAND ASA since 2017. She holds Master in International Relations, Bond University and Bachelor in Communications, Bond University. From 2014 to 2017 she was Vice President Communications, Opera Softaware; 2009-2014 Communicator Director, SN Power; 2008-2009 Economics Reporter, TV 2; 2005-2008 TV Reporter, CNBC/FBC Media; 2004-2005 Researcher, CNBC Europe.

Wenche Martinussen

Ms. Wenche Annie Martinussen has been Executive Vice President, Customer Retail Norway at STOREBRAND ASA since June 1 2017. Her education includes: 2009-2010 Norwegian Business School – Master of Management in scenarios, foresight and strategy; 2000-2001 Norwegian Business School — Master of Management in e-commerce;1989-1993 Norwegian Business School — Master in Business and Marketing. She has specialization areas within Communication and Marketing. She worked at Storebrand 2015-2017: Senior Vice President Retail; 2013-2015: Director Storebrand Direct; 2011-2013: Director of Business Development and Digitalisation (incl. Lean); 2007-2011: Director of Online Sales and Development (Storebrand and SPP); Nordea Bank AB: 2002-2007: Nordic Head of Internet, Group Identity and Communications; 2001-2002: Manager Web Content Management, Electronic Banking; Norwegian Trade Council, INDEX Publishing AS:1996-2001: Sales- Product- and Marketing ManagerOlaf Norlis Bokhandel AS; 1993-1996: Marketing Consultant.

Jan Saugestad

Mr. Jan Erik Saugestad has been Executive Vice President Asset Management at Storebrand ASA since September 2, 2015. He was Acting Managing Director of Storebrand Asset Management AS and Acting Head of Asset Management at the Company from July 1, 2015. Saugestad has MBA and Master of Science from NTNU, as well as MBA from INSEAD in France. He moved from his position of head of Front Office in Asset Management. He previously worked as Chief Investment Officer, Storebrand Asset Management (2006-2015), Senior Portfolio Manager, Storebrand Asset Management (199-2006), Sector Head Equities Energy/Shipping, Handelsbanken Markets (1997-1999), Partner, Marsoft Capital (1995-1997), Head of Research, Christiania Markets (now: Nordea Markets) (1992-1995) and Junior Consultant, McKinsey & Company (1990-1991).

Heidi Skaaret

Ms. Heidi Skaaret has been Managing Director, People & Technology at Storebrand ASA since September 17, 2012. Previously, she was Member of the Company's Board of Directors from June 1, 2010 to September 17, 2012. She was also Member of the Company's Audit Committee. She was Executive Vice President Region Scandinavia at Lindorff Group AB and CEO of Lindorff AS (2008-2012), CEO of IKANO Finans ASA (2001-2008). She also held executive positions at Den norske Bank ASA (1987-2000) and worked for Bank of America in the United States as Financial Services Officer (1986-1987). She was also sales secretary at Nord-Video from 1981 till 1983. She holds Master of Business Administration degree from the Unviersity of Washington from 1986 and she has completed specialized courses at the College of Marketing in Oslo.

Jostein Dalland

Mr. Jostein Chr. Dalland serves as Managing Director, Digital Business Development at Storebrand ASA. He holds Sivilokonom/MBA and Master of Technology Management degrees. He previously was Senior Vice President Customer and Business Development, Storebrand (2015-2016), Chief Marketing Officer/SVP Marketing, Storebrand (2011-2015), CEO, Inven2 AS (2009-2011), Senior Vice President Marketing and Sales, Aker BioMarine ASA (2007-2009), CEO, Natural ASA (2002-2007), Director/Partner, Refeks AS (2001-2002), Senior Vice President Pizza and various Marketing positions, Orkla Foods AS (1995-2001) and Management Consulting (1993-1995).

Staffan Hansen

Mr. Staffan Hansen has been Managing Director, Customer Area Sweden at Storebrand ASA July 1, 2015. He is also CEO of SPP Life Insurance AB since 2013. Before that, he has been Managing Director, Savings at Storebrand ASA from June 27, 2013. He has a Licentiate of Science in Economics degree (samfunnsokonomi) from Abo Akademi University and has completed post graduate studies at the Finnish Doctoral Program in Economics (FDPE) and the Stockholm School of Economics (Handelshogskolan i Stockholm). He has been employed at the Group since 2006. He was Investment Director at SPP Life Insurance AB (2008-2011) and has been CIO since Storebrand Life Group since 2011. He was Head of Strategic Allocation, SPP Life Insurance AB (2006-2008), Head of Government and Covered Bond Trading at Svenska Handelsbanken (2003-2006), Head of Fixed Income at Alfred Berg Finland (1996-2003) and Trainee at Pohjola Bank (1994-1996).

Geir Holmgren

Mr. Geir Holmgren has been Managing Director, Customer Service and Product at Storebrand ASA since November 1, 2016. He was Managing Director, Customer Service at the Company from July 1, 2015 until November 1, 2016. Before that, he was Managing Director of Storebrand Livsforsikring AS from August 22, 2012. Before that, he served as Acting Managing Director of Storebrand Livsforsikring AS. He has been employed with the Storebrand Group since 1997, in executive roles in the areas of life and pension insurance. He has long experience with business policy issues through positions at Storebrand and a seat on the Board of the Norwegian Financial Services Association for the last ten years. He held such positions at Storebrand Livsforsikring as Head of Product Claims and Service (2011-2012), Head of Product (2003-2011), Head of UL and DC business (2002-2003), Head of DC business (200-2002), International Sales (1998-2000) and Actuary trainee (1997-1998). He was also Teacher at Oslo University (1995-1997). He holds Master of Science degree from Universitet i Oslo, as well as Master of Business Administration degree from Griffith University Brisbane, Australia.

Karin Bing Orgland

Ms. Karin Bing Orgland has served as Member of the Board of Directors of Storebrand ASA since May 26, 2015. She is Chairman at the Company Audit Committee. She holds Master of Science in Economics and Business Administration from NHH, Civil Engineer from University of Pittsburgh and completed top management program (DNB IMD, DNB, BI and Management in Lund). She has many years of experience in the banking and insurance sector, both private and corporate customers, mainly from corporate management in DNB and DNB Life. She was Managing Director in DNB succession of diverse management positions internally (1985-2013) and Consultant in Norwegian Ministry of Trade and Shipping (1983-1985). She has also been Board Member at Boligselskapet INI AS Gronland, HAV Eiendom AS, Grieg Seafood ASA, Berghammeren AS and Roisheim Eiendom as well as Member of nomination committee of Orkla ASA and Arcus ASA, Chairman of the Board of GIEK, Entur AS, Roisheim Hotell AS and Visit Jotunheimen AS. She is also Board Member and Head of Audit Committee at KID ASA, Board Member at Roisheim Eiendom AS.

Laila Dahlen

Ms. Laila S. Dahlen has served as Member of the Board of Directors at Storebrand ASA since March 4, 2013. She also serves as SVP Product and UX, Schibsted Marketplaces. She is also Board Member of FINN.no AS. She has previously been Product Director at Finn.no AS (2011-2017), a consultant for Kelkoo and Norsk Tipping, COO at Kelkoo/Yahoo London (2007-2009), VP Marketplace at Yahoo Europe, London (2006-2007), Regional Manager Scandinavia and the Netherlands at Kelkoo/Yahoo, Stockholm (2003-2006), VP International Operations at Kelkoo Paris (2000-2001) and Manager at PricewaterhouseCoopers (1993-2000). She is State Authorized Accountant from NHH, holds Master of Science in Economics and Business Administration from Handelshoyskolen BI and Master of Science in Finance from University of Wisconsin.

Arne Hastein

Mr. Arne Fredrik Hastein has been Director, Employee Representative at Storebrand ASA since May 26, 2014. He is Member of the Compensation Committee. He is Senior Employee Representative, Storebrand Livsforsikring AS. He previously was Product Specialist Savings and Pension at Storebrand Livsforsikring AS (2014-2017). He also serves as Board Member of Finansforbundet i Storebrand and Kunstforeningen i Storebrand. He has previously worked as sales and product manager for Delphi Fondene (2009-2014), sales and key account manager in Storebrand Kapitalforvaltning AS (2005-2009), senior financial advisor in Fokus Bank AS (2003-2005) and financial advisor/senior financial advisor in Storebrand Livsforsikring AS (1999-2003). He holds Master of Arts in International finance and accounting (University of Newcastle upon Tyne), Bachelor Business & Administration (Handelshoyskolen BI/University of Texas at Austin), is Authorized portfolio manager (NHH/NFF) and has depth study in valuation (NHH/NFF). He is Board Member of the Storebrand Finance Association and the Storebrand Art Society.

Jan Opsahl

Mr. Jan Christian Opsahl has been Director of Storebrand ASA since September 22, 2016. He is Chairman of the Board of Dallas Asset Management AS, Board Member of Hidden ASA and Member of the Norwegian Academy of Technological Sciences. He is Sloan Fellow (London Business School), studied Computer Science (University of Strathclyde) and holds Bachelor of Arts (University of Strathclyde). He was Senior Executive in Tandberg/Cisco Systems Inc. (2010–2012), CEO in Tandberg ASA (1989–1997), CEO in Tomra Systems ASA (1986–1988), Executive VP in Unitor ASA (1983–1986), Sales and Marketing Director in Dyno Industries AS (1980–1983), Board member NEL Hydrogen ASA (2014-2017), Board member Rec Solar ASA (2013–2015), Chairman of the Board Tandberg ASA (1997–2010), Chairman of the Board Tomra Systems ASA (1989–2008), Chairman of the Board Tandberg Television ASA (1989–2007) and Vice President in Komplett ASA (1996–2003).

Ingvild Pedersen

Ms. Ingvild Pedersen has been Director, Employee Representative at STOREBRAND ASA since April 10, 2017. She is Member of the Risk Committee. She is Customer Insight Manager at Storebrand Livsforsikring AS. She is Authorized Portfolio Manager (NHH/NFF), holds Master’s Degree in Economics (University of Bergen). She previously was Product Specialist, Asset Management, Storebrand Livsforsikring AS (2015-2017); Investment Manager at Storebrand Livsforsikring AS (2011-2015); Group Trainee at Storebrand Livsforsikring AS (2009-2011).

Liv Sandbaek

Martin Skancke

Mr. Martin Skancke has been Director of Storebrand ASA since September 9, 2014. He is also Chairman at the Company Risk Committee and Member at the Company Audit Committee. He is independent consultant. His previous positions include Special advisor in Storebrand (2011-2013), Head of Asset Management Department of the Norwegian Ministry of Finance (1994-2001, 2006-2011), Director General at the office of the Prime Minister (2002-2006) and Head of the Domestic Policy Department and Advisor in McKinsey & Company (2001-2002). He has been Chairman of the Board of Principles of Responsible Investments (PRI) and Board Member of Kommunalbanken AS, Norfund and beCuriou Private Travel. He is Authorized Financial Analyst (NHH), holds Master of Science in Economics (London School of Economics and Political Science), Russian intermediate (UiO), International Finance Program (Stockholm school of Economics) and Master of Science in Economics and Business Administration from NHH.

Heidi Storruste

Ms. Heidi Storruste has served as Director, Employee Representative at Storebrand ASA since May 29, 2013. She is also Member at the Company Audit Committee. She is Team Champion, Digital Business Development, Storebrand Livsforsikring AS. She was Senior Union Representative for Employees at Storebrand Livsforsikring AS (2013-2017). She has previously worked at Storebrand Bank ASA as a project manager at the Product and Development department (2011-2013), process manager at Storebrand Bank ASA (2008-2011), and senior consultant at the Credit Department Retail in Storebrand Bank ASA (1998-2008), Financial Consultant Kreditt PM in Gjensidige Bank AS (1996-1998) and customer consultant in Sparebankenes Kredittselskap AS (1987-1996). She has previous experience in companies such as Gjensidige Bank AS, Incentiva Resultautvikling DA and Sparebankenes Kredittselskap AS. She holds Bachelor of Management (BI), is Certified Executive Coach (Coach Team AS), DNCF certified Coach (Metaresource AS) and Bedriftsokonom (BI).

Kjetil Krokje

Basic Compensation

Name Fiscal Year Total

Didrik Munch

487,000

Odd Grefstad

7,080,000

Lars Loddesol

5,033,000

Karin Greve-Isdahl

1,658,000

Wenche Martinussen

2,920,000

Jan Saugestad

5,065,000

Heidi Skaaret

4,589,000

Jostein Dalland

2,905,000

Staffan Hansen

4,779,000

Geir Holmgren

4,550,000

Karin Bing Orgland

469,000

Laila Dahlen

322,000

Arne Hastein

403,000

Jan Opsahl

322,000

Ingvild Pedersen

308,000

Liv Sandbaek

--

Martin Skancke

567,000

Heidi Storruste

363,000

Kjetil Krokje

--
As Of  31 Dec 2017