Compensation paid to governing bodies
This section details compensation paid to the board of directors, corporate executive committee and corporate assembly.
In 2008, aggregate compensation totalling NOK 828,660 was paid to the members of the corporate assembly, NOK 4,572,000 to the members of the board of directors, NOK 43,233,000 to the members of the corporate executive committee.
Detail information about the individual compensation of members of the board of directors and the members of the corporate executive committee in 2008 is given in the tables below.
| Rennemo Svein* |
440 |
0 |
14 |
454 |
| Arnstad Marit** |
417 |
100 |
0 |
517 |
| Skaugen Grace R |
294 |
0 |
50 |
344 |
| Grieg Elisabeth |
294 |
0 |
28 |
322 |
| Svaan Morten |
294 |
100 |
0 |
394 |
| Bjørndalen Kjell |
294 |
0 |
35 |
329 |
| Nielsen Kurt Anker |
294 |
150 |
0 |
444 |
| Fritsvold Ragnar Per |
294 |
0 |
0 |
294 |
| Franklin Roy |
492 |
100 |
0 |
592 |
| Nilsen Geir |
294 |
0 |
0 |
294 |
| Clausen Claus |
294 |
0 |
0 |
294 |
| Bakkerud Lill-Heidi |
294 |
0 |
0 |
294 |
| |
|
|
|
|
| Total |
3995 |
450 |
127 |
4572 |
|
* Chair of the Board from 1 April 2008
** Acting chair of the Board from 1 January through 31 March 2008 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Lund Helge (CEO) |
6,847 |
1,890 |
550 |
369 |
21 |
9,677 |
479 |
17 |
496 |
10,173 |
5,317 |
22,289 |
Bjørnson Rune (Executive vice president (E.V.P), Natural Gas) |
2,535 |
600 |
113 |
191 |
21 |
3,460 |
0 |
26 |
26 |
3,486 |
822 |
18,346 |
Jacobsen Jon Arnt (E.V.P, Manufacturing & Marketing) |
3,038 |
669 |
131 |
59 |
15 |
3,912 |
0 |
44 |
44 |
3,956 |
1,514 |
15,286 |
Mellbye Peter (E.V.P, International Exploration & Production) |
4,194 |
813 |
108 |
141 |
22 |
5,278 |
54 |
39 |
93 |
5,371 |
1,364 |
41,945 |
Sætre Eldar (CFO) |
3,047 |
713 |
154 |
196 |
30 |
4,140 |
177 |
24 |
201 |
4,341 |
924 |
25,129 |
Øvrum Margareth (E.V.P, Technology & New Energy) |
3,375 |
694 |
138 |
54 |
23 |
4,284 |
55 |
50 |
105 |
4,389 |
876 |
22,623 |
Nes Helga 1) (E.V.P, Staff functions & corporate services, 10.11.08 - 31.12.08) |
412 |
0 |
0 |
18 |
6 |
436 |
21 |
5 |
26 |
462 |
62 |
8,306 |
Michelsen Øystein 1) (E.V.P, Exploration & Production Norway, 10.11.08 - 31.12.08) |
591 |
0 |
0 |
26 |
1 |
618 |
37 |
19 |
56 |
674 |
97 |
14,741 |
Myrebø Gunnar 1) (E.V.P, Projects, 10.11.08 - 31.12.08) |
452 |
0 |
0 |
2 |
4 |
458 |
0 |
7 |
7 |
465 |
84 |
13,589 |
Ruud Morten 1) (E.V.P, Projects, 01.01.2008 - 06.10.08) |
1,980 |
590 |
0 |
11 |
15 |
2,596 |
0 |
28 |
28 |
2,624 |
535 |
19,460 |
Torvund Tore 1) (E.V.P, Exploration & Production Norway, 01.01.2008 - 06.10.08) |
2,958 |
863 |
0 |
16 |
8 |
3,845 |
168 |
33 |
201 |
4,046 |
939 |
36,541 |
Aasheim Hilde Merete 1) (E.V.P, Staff functions & corporate services, 01.01.2008 - 01.11.08) |
2,239 |
131 |
500 |
153 |
0 |
3,023 |
217 |
6 |
223 |
3,246 |
0 |
1,645 |
Total |
31,668 |
6,963 |
1,694 |
1,236 |
166 |
41,727 |
1,208 |
298 |
1,506 |
43,233 |
12,534 |
239,900 |
1) The figures presented are total direct compensation for the period when a position in the Corporate Executive Committee is held.
2) Fixed salary consists of base salary, holiday allowance any other administrative benefits.
3) Fixed long-term incentive element.
4) Bonus received in 2008 is related to the variable long-term incentive system that was terminated in 2007. Bonuses for the period 1 October 2007 to 31 December 2008 will be paid in 2009.
5) Pension costs consist of benefits earned during the year. Payroll tax is not included. |
