Remuneration to Board of Directors, CEO and GEM

Here we present the compensation to the Board, CEO and Group Executive Management (GEM) in more detail.

Board of Directors CEO and GEM Figures Board of Directors

Remuneration to Board of Directors

The AGM 2017 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 46,650 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.

Updated: March 2017

CEO and GEM

Remuneration to CEO and GEM

The Board of Directors prepares the proposal for guidelines for remuneration for executive officers to be approved by the AGM annually. According to these guidelines, the Board of Directors has decided on the actual remuneration for the CEO and members of GEM following a proposal from the Board Remuneration Committee. 

Updated: April 2017  
Source: Annual Report 2016

Figures

Remuneration in figures

In the annual report, remuneration to the Board of Directors, CEO and GEM are presented in figures. 

The table in note G7 in Nordea’s Annual report contains information about remuneration and loans as well as pension commitments to the Board of Directors, CEO and GEM.

Updated: April 2017  
Source: Annual Report 2016