Schibsted ASA (0MHM.IL)

319.50 -5.30 (-1.63%) At close: 06:45PM BST

Schibsted ASA

Akersgata 55
Oslo 0180
Norway
47 23 10 66 00
https://www.schibsted.com

Sector(s): Communication Services
Industry: Publishing
Full-time employees: 6,161

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Kristin Skogen Lund	Chief Exec. Officer	10.04M	N/A	1966
Mr. Andrew Tor Oddvar Kvalseth	Chief Investment Officer	4.27M	N/A	1982
Mr. Sven Størmer Thaulow	Chief Data & Technology Officer	4.16M	N/A	1972
Grethe Malkmus	Chief People & Communications Officer	655k	N/A	N/A
Mr. Christian Printzell Halvorsen	Exec. VP of Nordic Marketplaces, Distribution & eCommerce	5.07M	N/A	1974
Ms. Siv Juvik Tveitnes	Exec. VP of News Media	4.22M	N/A	1974
Mr. Per Christian Morland	Chief Financial Officer	N/A	N/A	1979
Mr. Jann-Boje Meinecke	VP & Head of Investor Relations	N/A	N/A	N/A
Atle Lessum	Head of Group Communications	N/A	N/A	N/A
Mr. Bernt Olufsen	Editor	N/A	N/A	1955

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NOK.

Description

Schibsted ASA, together with its subsidiaries, operates as a media company. The company operates through Nordic Marketplaces, News Media, eCommerce & Distribution, and Financial Services & Ventures segments. It operates online classifieds that provide technology-based services to connect buyers and sellers, and facilitate transactions, including job offers, real estate, cars, travel, consumer goods, and others. The company also publishes newspapers under the VG, Aftenposten, E24, Bergens Tidende, Stavanger Aftenblad, Aftonbladet, Svenska Dagbladet, and Omni brands in paper and digital format; and operates Podme, a podcast platform. In addition, the company distributes newspapers and parcels for businesses and consumers under the Helthjem and Morgenlevering brands. Further, it has a portfolio of digital companies, which include Lendo that offers digital marketplaces for consumer lending; Prisjakt, which offers price comparison for consumers; Ingrid, a delivery platform; Tørn, a marketplace for surplus construction goods; and Savr, a fund platform. The company operates in Norway, Sweden, Finland, Denmark, other European countries, and internationally. Schibsted ASA was founded in 1839 and is headquartered in Oslo, Norway.

Corporate governance

Schibsted ASA’s ISS governance QualityScore as of 1 October 2023 is 6. The pillar scores are Audit: 4; Board: 4; Shareholder rights: 10; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.