Tore Rimmereid - DNB ASA Insider

DNBHF -- USA Stock  

USD 19.67  0.57  2.98%

Independent Vice Chairman of the Board

Mr. Tore Olaf Rimmereid was Independent Vice Chairman of the Board of Directors of DNB ASA since June 12, 2012. He chairs the Companys Audit Committee and is Member of the Risk Management Committee and the Compensation Committee. He was Independent Member of the Company Board since 2008 and formerly served as Member of the Board of DnB Bank. Mr. Rimmereid was President and Chief Executive Officer of ECO Energi AS. Previously, he was Head of the Finance and Administration Department in the Norwegian Broadcasting Corporationrationration and Group Executive Vice President, Financial Reporting and Finance, in the SpareBank 1Alliance. He also has experience from Kreditkassen. He has held various positions in Christiania Bank
Age: 55  Chairman Since 2012      
47 91 50 30 00  http://www.dnb.no
Rimmereid is Political Adviser for the Conservative Party?s parliamentary group. He chairs the Boards of Oslo Lysverker and Opplandskraft DA and is former chairman of Energy Norway. He holds a Master?s degree in Business Administration and is Authorized Financial Analyst from the Norwegian School of Economics.

Management Efficiency

The company has return on total asset (ROA) of 0.83 % which means that it generated profit of $0.83 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of 10.68 % meaning that it generated $10.68 on every $100 dollars invested by stockholders.
The company has accumulated 140.54 B in total debt.

Similar Executives

Found 2 records

CHAIRMAN Since

Ramesh MisraSJVN Limited
2015
Amir ElsteinTeva Pharmaceutical Industries
2014

Entity Summary

DNB ASA provides various banking products and services for retail and corporate customers in Norway and internationally. DNB ASA was founded in 1822 and is headquartered in Oslo, Norway. DNB ASA is traded on OTC Market in USA.DNB ASA (DNBHF) is traded on OTC Market in USA. It is located in Dronning Eufemias gate 30 and employs 9,144 people.

DNB ASA Leadership Team

Jarle Bergo, Director
Rune Garborg, President
Terje Turnes, Executive
Ingjerd Spiten, President
Kari Moen, President, MBA
Sverre Finstad, Director
Alf Otterstad, President
Rune Bjerke, CEO
Rasmus Figenschou, President, MBA
Rune Helland, Executive
KarlChristian Agerup, Director
Trond Bentestuen, President
Ingjed Spiten, President
Hakon Hansen, Executive
Jaan Semlitsch, Director
Jan Gjerland, Executive
Liv Fiksdahl, EVP
Ottar Ertzeid, EVP
Carl Lovvik, Director
Harald SerckHanssen, President
Bjorn Naess, CFO
Tore Rimmereid, Chairman
Solveig Hellebust, EVP
Ida Lerner, President
Tom Rathke, President
Benedicte Fasmer, President
Anne Tanum, Chairman
Kjerstin Braathen, President
Thomas Midteide, President
Vigdis Mathisen, Director
Mirella Wassiluk, President
Olaug Svarva, Chairman
Berit Svendsen, Director

Stock Performance Indicators

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Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for DNB ASA and SJVN Limited. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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