About us

Tinius Nagell-Erichsen
The Tinius Trust was established by Tinius Nagell-Erichsen in a deed of gift on 8. May 1996 and has a basic capital of NOK 42 862 184. Nagell-Erichsen had established Blommenholm Industrier four years earlier, the company he transferred all his personal shares in Schibsted to.
In 2006 the A-shares (voting shares) was transferred from Blommenholm Industrier to the Tinius Trust. Consequently, the Tinius Trust owns all the voting shares of Blommenholm Industrier and controls the equity interest in Schibsted held by Blommenholm Industrier.
Nagell-Erichsen stated that he wanted to use this influence to ensure that Schibsted remains a media group. The Trust’s main objective is to strive for a long-term sustainable development of Schibsted to ensure quality and credibility in all of its publications as well as free and independent newsrooms, as stipulated in the Trust’s Articles of Association.
When necessary, the Trust shall also work in favor of and subsidize projects that impact the general conditions essential to ensure a free and independent press.

Schibsted ASA’s Articles of Association
Amendments to Schibsted ASA’s Articles of Association require a three quarters majority, and according to the Articles of Association no shareholder can own or vote for more than 30 per cent of the shares. Schibsted ASA’s Articles of Association also ensure that important decisions made by the Group’s subsidiaries require the support of three quarters of the votes cast at the General Meeting of Schibsted ASA.
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The Board
“As always, it is a case of those who stand for nothing will fall for anything. “
– Kjersti Løken Stavrum

Ole Jacob Sunde
Chairman of the board
Chairman of the Board of Schibsted ASA (since 2002). Founder and Chairman of the Board of Formuesforvaltning ASA (since 2000). Founded Industrifinans Forvaltning ASA in 1983 and was General Manager until 2000. Formerly a consultant with McKinsey & Co. (1980-1983). Various other directorships, including Blommenholm Industrier AS and Museum of Cultural History. Graduate of the Université de Fribourg, Switzerland (1976) and Kellogg School of Management, Northwestern University, USA (1980).

John A. Rein
Member of the board
John A. Rein is Chairman of Blommenholm Industrier AS (Schibsted ASA’s largest shareholder) and Chairman of Schibsted ASA’s election committee. Mr. Rein was legal adviser to Tinius Nagell-Erichsen for almost twenty years until his death. Former Fellow of the Scandinavian Institute of Maritime Law (1978-1979), Contracts Manager, Conoco, London (1979-1981), associate Wikborg Rein (1981-1984) and partner (1985-2016).

Kjersti Løken Stavrum
CEO and member of the board
CEO and member of the boards of the Tinius Trust and Blommenholm Industrier. Former secretary general of the Norwegian Press Association. Member of the board of Ethical Journalism Network and PEN Norway. Various managerial positions within Norwegian media, incl. editor in Aftenposten, Oslo. Former head of Association of Norwegian Editors in Oslo, board member of International News Media Association (INMA) and director of communications of The Confederation of Norwegian Enterprise (NHO). She has a master’s degree in political science (UiO) and an exec. master of management (BI).

Jon Wessel-Aas
Deputy member of the board
Jon Wessel-Aas is a partner at the law firm Bing Hodneland. Fields of expertise are media, privacy, intellectual property and civil rights law. Admitted to the Supreme Court bar. Bsc. International Relations from London School of Economics & Political Science (1988), Cand. jur. From University of Oslo (1995). Chair of the board of International Commission of Jurists, Norwegian section. Member of the Advisory Council of the Norwegian Centre for Human Rights, University of Oslo. Board member of the Dagbladet Trust.

Karl-Christian Agerup
Deputy member of the board
CEO, Oslotech AS (2010-d.d.). Co founder and General Partner Northzone Ventu- res, (1994-2009). Founder and Managing Director HUGIN AS, (1995-1999). Associate McKinsey & Co., (1991-1993), Engagement Manager (1993-1994). Corporate Planner Millipore Corp., Boston, USA, (1990-1991). Board Member of Aftenposten AS. Massa- chusetts Institute of Technology (MIT), Alfred P. Sloan School of Management, Master of Science in Management (1990). Copenhagen Business School, Business Economist/HA (1988).

Anette Novak
Member of the board
CEO of RISE Interactive, has held many leading roles within the Swedish media industry, including editor-in-chief of regional daily Norran. Former Swedish director of the board of World Editors Forum, the Swedish Media Assocation and Swedish public service radio, Sveriges Radio. Currently Vice President of Fojo Media institute and a fellow of The Royal Swedish Academy of Engineering Sciences (IVA). In 2015 Anette lead the Swedish national Media Commission on future media policies, final report delivered in November 2016.
The Team

Kjersti Løken Stavrum
CEO AND MEMBER OF THE BOARD
CEO at the Tinius Trust and Blommenholm Industrier. Former secretary general of the Norwegian Press Association. Member of the board of Ethical Journalism Network and PEN Norway. Various managerial positions within Norwegian media, incl. editor in Aftenposten, Oslo. Former head of Association of Norwegian Editors in Oslo, board member of International News Media Association (INMA) and director of communications of The Confederation of Norwegian Enterprise (NHO). She has a master’s degree in political science (UiO) and an exec. master of management (BI).

Terje Seljeseth
CHIEF ANALYST
Chief analyst at the Tinius Trust and Blommenholm Industrier. Former EVP Product Management of Schibsted. Various positions within Schibsted for 33 years, including starting FINN.no in 1999 and managing the company for 10 years. He has a master’s degree in informatics (UiO).

Hansine Korslien
HEAD OF COMMUNICATIONS
Head of communications at the Tinius Trust and Blommenholm Industrier. Former communications advisor at Geelmuyden Kiese, and press attaché at the Permanent Mission of Norway to the United Nations. She has a master’s degree in media and communication (UiO and University of California, Berkeley).