President and CEO
Our remuneration principles aim to attract and retain the best talent, motivate key people and align the goals of the company's shareholders and executives to enhance the value of the company
This table summarizes the main terms and conditions for the remuneration of Endre Ranges, President and CEO. More details in the Remuneration Report 2025.
Remuneration details for the latest period are summarized in the table below.
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Salary and benefits |
Annual base salary of NOK 10 706 000 for the period he is serving in the role Annual car benefit of NOK 250 000 |
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Short-term incentives |
Annual performance bonus can range between 0–150% of annual base pay, with 75% at target performance level Annual performance bonus can range between 0–150% of annual base pay, with 75% at target performance level corresponding to 75% of the annual base salary Weighting of the targets for 2026
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Long-term incentives |
Participant in share-based incentive plans for 2024–2026, 2025–2027 and 2026–2028. Details on share reward criteria for each plan are available on this page.
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Share ownership guideline |
The recommended minimum investment in company shares corresponds to the executive's one-time gross annual base salary. |
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Retirement age |
70 |
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Expenditure for voluntary pension |
The President and CEO participates in the Defined Contribution Plan for all employees in Norway. He is also entitled to an additional pension plan, in which 25% of his base salary above 12 G (G equals the basic amount in the Norwegian National Insurance) is made as pension contribution. |
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Period of notice |
6 months mutual notice period |
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Severance payment |
If the agreement is terminated by Tieto, the company will pay severance equivalent to the base salary for twelve (12) months on top of the salary for the notice period. |
Remuneration of Endre Rangnes 5 May–31 Dec 2025
| Salary | EUR 609 141 |
| Benefits | EUR 14 814 |
|
Pension expenditure, voluntary defined contribution plan |
EUR 130 067 |