Remuneration to Board of Directors, CEO and GEM

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Here you find information about fixed and variable remuneration as well as loans and pension commitments to members of the Board of Directors, CEO and Group Executive Management (GEM).

Board of Directors CEO and GEM Figures Board of Directors

Remuneration to the Board of Directors

The AGM 2018 resolved remuneration to the board members amounting to:

  • The Chairman EUR 294,600
  • Deputy Chairman EUR 141,300 and
  • Other members EUR 91,950.

In addition, remuneration will be paid for board committee work on the compliance committee, the audit committee and the risk committee amounting to EUR 48,650 for the committee chairmen and EUR 29,600 for the other members and for board committee work on the remuneration committee amounting to EUR 36,050 for the committee chairman and EUR 25,750 for the other members. Remuneration is not paid to members who are employees of the Nordea Group.

For more information about remuneration paid to Board members in 2018, please refer to note G7 of Nordea's Annual Report, or Nordea’s Remuneration Statement.

The Nomination Board have proposed 2019 remuneration to the Board of Directors to be decided at the AGM 2019.

Updated: February 2019

CEO and GEM

Remuneration to CEO and GEM

Remuneration for the CEO and members of Group Executive Management (GEM) includes:

  • Fixed salary
  • GEM Executive Incentive Programme (GEM EIP)
  • Benefits 

The CEO and members of the GEM are offered pension schemes according to local country practices. Some GEM members do not have a pension arrangement with Nordea.

For more information about remuneration paid to the CEO and members of GEM in 2018, please refer to note G7 of Nordea’s Annual Report, or Nordea’s Remuneration Statement.

For information about the past AGM approved guidelines for remuneration to the executive officers (CEO and GEM (for 2018 and earlier years), please refer here.

Updated: February 2019
Source: Annual Report 2018

Figures

Remuneration in figures

In Nordea’s Annual report, remuneration to the Board of Directors, CEO and GEM are presented in figures. This is also presented in Nordea's Remuneration Statement.

Updated: February 2019
Source: Annual Report 2018