Annual Accounts Group
87
Loans to employees
As of 31 December 2012 loans of NOK 3.1 million for consumer goods have been granted to employees of the former IS
Partner AS. The loans were taken over fromDnB following the acquisition of IS Partner AS from Statoil. The loans are
repaid through deductions from salaries and from severance pay where relevant. This arrangement was closed in 2008.
Executive management remuneration
NOK million
2012
2011
2010
Chief Executive Officer (Terje Mjøs)
Salary
3.802
3.289
0.698
Bonus
1.248
0.753
-
Cash settlement of options exercised
1.233
1.100
-
Pension benefits earned through the year
0.918
0.831
0.172
Other remuneration
0.261
0.271
0.031
TerjeMjøs was appointed Group CEO on 14 October 2010.The reported remuneration for 2010was for the period of
14 October to 31 December 2010
Other members of executive management 2012
NOK million
Period Salary
Sharebased
remuneration
(LTI)
Bonus
Pensions
Other
remuneration
Eli Giske
2.327
0.500 0.548
0.425
0.181
Knut Morten Aasrud
08.10-31.12 0.555
-
-
0.099
0.035
Morten Søgård
1.724
0.360 0.391
0.346
0.171
Wiljar I. Nesse
1.811
0.420 0.474 0.299
0.162
Niclas Ekblad
2.746
0.559 0.837
1.245
0.011
Håvard Larsen
1.663
0.350 0.362
0.306
0.183
Hans-Henrik Merckoll
1.788
0.350 0.337
0.271
0.185
Ole Urdahl
1.752
0.350 0.570 0.357
0.191
Tone Øvregård
1.440
0.300 0.323
0.205
0.195
Geir Remman
1.335
0.250 0.345
0.189
0.162
Hilde M. Solegaard
1.289
0.250 0.418
0.216
0.174
Previous members of executive management:
Thorolf Thorstensen
1.882
0.360 0.456 0.288
0.149
Other members of executive management 2011
NOK million
Period Salary
Sharebased
remuneration
(LTI)
Bonus Pensions
Other
remuneration
Eli Giske
2.345
0.500 0.666 0.328
0.191
Morten Søgård
1.9-31.12 0.585
-
-
0.105
0.061
Thorolf Thorstensen
1.803
0.360 0.150 0.280
0.176
Wiljar I. Nesse
1.754
0.420 0.200 0.269
0.165
Niclas Ekblad
2.656
0.585 1.036 0.915
-
Hans-Henrik Merckoll
1.807
0.350 0.334 0.261
0.185
Håvard Larsen
1.640
0.300 0.252 0.274
0.148
Ole Urdahl
1.744
0.350 0.155 0.325
0.196
Tone Øvregård
1.399
0.300 0.125 0.199
0.213
Geir Remman
1.313
0.250 0.120 0.162
0.161
Hilde M. Solegaard
1.322
0.250 0.264 0.199
0.175
Previous members of executive management:
John-Arne Haugerud (1.1.2011 - 31.10.2011)
1.1-31.10 2.086
0.600 0.072 0.368
0.182