According to Norwegian corporate law, the Board is responsible for the overall management of the Schibsted Group, while the CEO is responsible for the day-to-day management.
The role of the Board is to supervise the day-to-day management as carried out by the CEO and Schibsted’s general activities and ensure that appropriate management and control systems are in place. The Board appoints the CEO and stipulates the job instructions, powers of attorney and terms and conditions of employment for the CEO.
The Board has established internal rules of procedures that describe the Board’s responsibility, duties and administrative procedures. The rules of procedure also describe the duties of the CEO and his/her duties vis-à-vis the Board. The Board performs an annual self-assessment of its work which forms the basis for the Nomination Committee’s annual board evaluation work.The Articles of Association define that the Board shall comprise from 6 to 11 members, in addition to deputy members. The Group’s employees shall be represented on the Board by the number of representatives in accordance with current agreements with the company. As of today, the Board consists of 10 members whereas seven are shareholder’s representatives and three are employee representatives. The Board’s shareholder-elected members are elected for one year terms. The employee-elected representatives are elected for two year terms.
In addition to the elected board members, there is one observer attending the board meetings of Schibsted ASA. The observer is entitled to speak and submit proposals at the Board meetings. The Board of Schibsted ASA currently consists of 10 members. 7 are elected by the shareholders while three are elected by and from the employees.
Ole Jacob Sunde (born 1954)
Board member since May 2000. Board chair since May 2002. Chair of the Compensation Committee since it was established in 2004.
Founder and board chair of Formuesforvaltning ASA (2000–). Established Industrifinans Forvaltning ASA in 1983 and was managing director until 2000. Former consultant in McKinsey & Co. (1980–83). Various other directorships, including board chair of The Tinius Trust and board member of Blommenholm Industrier AS. Member of the Board of The Scott Trust and Princess Märtha Louise’s Fund.
MBA (Université de Fribourg, Switzerland) 1976 and Kellogg School of Management, Northwestern University (USA) (with distinction) 1980.
Birger Steen (born 1966)
Board member since 2014. Early-stage investor based in Seattle. Non-executive Director of Nordea, Nordic Semiconductor ASA and Skooler, Inc.
Served previously as CEO of Parallels, Inc. (2010-2016), Vice President of Worldwide SMB and Distribution at Microsoft and as General Manager of Microsoft Russia and Microsoft Norway (2002 – 2010). CEO of Scandinavia Online and Vice President of Business Development in Schibsted ASA (1996 – 2002). First engagement with Schibsted was working for McKinsey & Company as a consultant and engagement manager from 1993 to 1996.
MSc in Computer Science and Industrial Engineering from the Norwegian Institute of Technology in Trondheim. Holds a degree in Russian language from the Norwegian Defense School of Intelligence and Security and an MBA from INSEAD in France.
Marianne Budnik (born 1968)
Board Member since 2016. Marianne Budnik is chief marketing officer and leads global revenue operations for CyberArk Software, based in Boston.
Budnik has over 25 years of multidisciplinary technology industry experience. She previously served as chief marketing officer for SimpliVity Corporation (acquired by Hewlett Packard Enterprise), senior vice president of product line management and marketing for Acme Packet (acquired by Oracle), chief marketing officer and senior vice president of strategic alliances for CA Technologies, and held a variety of senior management positions with EMC Corporation.
Marianne Budnik graduated from Babson College and received her MBA from Boston University.
Christian Ringnes (born 1954)
Deputy board member of Schibsted from May 2002 to 2005. Elected as ordinary board member in May 2005. Managing director and major owner in Eiendomsspar AS and Victoria Eiendom AS (1984–). Consultant in McKinsey & Company (1981–82) and project manager (1983–84), Manufactures Hanover Trust Company, Assistant to Area Manager, Nordic Countries (1978–79).
Chairman of the board in Pandox AB, NSV-Invest AS, Sundt AS, Dermanor AS, Oslo Flaggfabrikk AS and Mini Bottle Gallery AS. Board member in Thor Corporation AS and Norges Bank’s Real Estate Investment Board. Various directorships in companies in the Eiendomsspar group.
Harvard Business School, Boston, USA (1979-81), Master of Business Administration. Ecole des Hautes Etudes Commerciales, Universite de Lausanne (1975-78), Siviløkonom.
Philippe Vimard (born 1974)
Chief Technical Officer and Board Member of Doctolib, the online booking platform and management software provider for doctors and hospitals in Europe. Based in France.
Previously Chief Technology Officer of payment technology company Klarna in Sweden (2016-18) and Chief Operating Officer and Chief Technology Officer at online travel group eDreams ODIGEO in Spain (2011-15). Before this held a series of positions with Expedia in North America and Europe from 2002 until 2010, including Senior Director, Lodging and Chief Technology Officer of Venere.com. Began his career as co-founder of an application service provider start-up in Canada.
Board Director of Busbud in Canada, a global bus travel comparison and booking platform, since 2017. Educated in Applied Science at Maisonneuve College and Computer Science at CDI College in Montreal.
Eugénie van Wiechen (born 1969)
Board member of Schibsted since May 2012. CEO of FD Mediagroep, Netherlands.
Previously Managing Director of LinkedIn.com, Netherlands (2009–2011); Managing Director of eBay.nl, Marktplaats.nl, Netherlands (2008–2009); publisher in Young Women’s Magazines and Director Consumer Marketing (2006–2008) and Director of Consumer and Trade Marketing (2003–2006) in Sanoma Uitgevers, Netherlands; Management Consultant and Engagement Manager in McKinsey & Company, Netherlands (1995–2003).
Eugénie van Wiechen holds an MSc in chemical engineering from the University of Amsterdam in (1994) and an MBA from INSEAD, Fontainebleau, France (1997).
Board member at the Dutch Cancer Society.
Orla Noonan (born 1970)
Board member since 2017. CEO of Groupe AB, a leading editor, producer and distributor of audio-visual content in French-speaking Europe, which is owned by Mediawan.
Noonan started her career in investment banking with Salomon Brothers in London, where she worked particularly with the telecom and media sectors. She joined Groupe AB in 1996, participating in IPOs in New York and Paris. Subsequently, she oversaw the Group’s acquisitions, including the takeover of RTL9 and TMC TV channels, as well as its financial and regulatory affairs. Noonan was also President of the DTT channel NT1 between 2005 and 2010. She was nominated CEO in 2014, she initiated the build-up of the Group’s production business through the acquisition of independent production companies. She joined Mediawan’s Strategic Committee following their acquisition of Groupe AB in March 2017. Noonan is an independent Director of Iliad and SMCP.
Orla Noonan is a graduate of HEC, Paris (Diplome HEC, 1994) and Trinity College, Dublin (BA Economics, 1992).
Ingunn Saltbones (born 1971)
Board member of Schibsted Media Group from May 2001 to May 2003 and since May 2015. Journalist in VG since 1997, covering current affair news, health and royalty, and more recently sex and relationships. She was VG’s Paris correspondent from 2002–2003. Senior health and safety representative in VG from 2011. Leader of the Editorial Union from 1999 to 2001. TV and radio reporter for NRK Buskerud from 1996 to 1997, freelancer for NRK news from 1995 to 1996. She has also worked for TV2 News, NRK Dagsnytt and the newspaper Vårt Land.
Ingunn Saltbones hold a degree in journalism from Oslo University College of Applied Sciences (1994–96) and in French from the University of Oslo (1992–94).
Torbjörn Ek (born 1977)
Board member of Schibsted Media Group since May 2016. Deputy Board member of Schibsted Media Group from 2012 to 2015. Elected by the employees in Sweden.
Joined Aftonbladet as a reporter and videographer in 2005. Foreign correspondent in London for Aftonbladet 2009-2012, covering current affairs, politics, crime, sports and showbiz. Currently based at Aftonbladet’s headquarters in Stockholm, covering showbiz, and also hosting and producing TV shows for Aftonbladet’s online television. Elected member of the Board of the local journalist union at Aftonbladet (2006-).
Bachelor’s degree in journalism from Stockholm University (1999-2001).
Finn E. Våga (born 1960)
Deputy Board member of Schibsted Media Group since May 2013, and Board member of Schibsted Media Group since May 2015.
Joined Stavanger Aftenblad in 1982, where he serves as feature editor. Previously, he was illustration editor and travel and feature journalist.
Elected union representative for the local journalist union in Stavanger Aftenblad (1996-2002, 2006-2012), leader of the Works Council in Schibsted Norge (2008-2012), Board member of NJ Schibsted (2008-2012), deputy member, National Executive Council, Norwegian Union of Journalists, (2003-2017) and member of Works Council, Norwegian Union of Journalists (2007-2017).
Våga’s educational background is in photography.