Kjerstin Braathen, the CEO of DNB, received a total salary and compensation package amounting to 18.7 million NOK in 2025, as detailed in the bank's annual report published this Wednesday. This figure represents a substantial increase from the 16.9 million NOK she earned in 2024, marking a growth of approximately 10.6%. The rise in her total earnings is significant in the context of DNB's continual success, as the bank reported another stellar year.

The breakdown of Braathen's compensation in 2025 includes a base salary of almost 10 million NOK, with a total payout of 10.2 million NOK. Notably, her base salary has seen an incremental rise of about 0.5 million NOK each of the last two years. In addition to her fixed salary, Braathen benefited from various incentive schemes, including a short-term cash incentive scheme that added nearly 1.7 million NOK, a long-term stock-based incentive scheme that contributed 2.5 million NOK, and performance-related stock options valued at around 3 million NOK. Other benefits, including allowances and pension costs, accounted for additional amounts.

The report highlights the increasing salary trends within Norway's financial sector, alongside rising operational costs anticipated in the near future. With a growing compensation package, the report prompts discussions around executive pay amidst economic pressures and market dynamics, potentially influencing future salary negotiations and institutional policies within the industry.