Beijer Ref Management
Management criteria checks 4/4
Beijer Ref's CEO is Christopher Norbye, appointed in May 2021, has a tenure of 4.92 years. total yearly compensation is SEK20.67M, comprised of 56.3% salary and 43.7% bonuses, including company stock and options. directly owns 0.006% of the company’s shares, worth €372.48K. The average tenure of the management team and the board of directors is 4 years and 5.1 years respectively.
Key information
Christopher Norbye
Chief executive officer
SEK 20.7m
Total compensation
| CEO salary percentage | 56.33% |
| CEO tenure | 4.9yrs |
| CEO ownership | 0.006% |
| Management average tenure | 4yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | SEK 2b |
| Dec 31 2025 | SEK 21m | SEK 12m | SEK 2b |
| Sep 30 2025 | n/a | n/a | SEK 2b |
| Jun 30 2025 | n/a | n/a | SEK 2b |
| Mar 31 2025 | n/a | n/a | SEK 2b |
| Dec 31 2024 | SEK 21m | SEK 11m | SEK 2b |
| Sep 30 2024 | n/a | n/a | SEK 3b |
| Jun 30 2024 | n/a | n/a | SEK 2b |
| Mar 31 2024 | n/a | n/a | SEK 2b |
| Dec 31 2023 | SEK 18m | SEK 10m | SEK 2b |
| Sep 30 2023 | n/a | n/a | SEK 2b |
| Jun 30 2023 | n/a | n/a | SEK 2b |
| Mar 31 2023 | n/a | n/a | SEK 1b |
| Dec 31 2022 | SEK 18m | SEK 10m | SEK 1b |
| Sep 30 2022 | n/a | n/a | SEK 1b |
| Jun 30 2022 | n/a | n/a | SEK 1b |
| Mar 31 2022 | n/a | n/a | SEK 1b |
| Dec 31 2021 | SEK 10m | SEK 4m | SEK 979m |
Compensation vs Market: Christopher's total compensation ($USD2.24M) is about average for companies of similar size in the German market ($USD2.63M).
Compensation vs Earnings: Christopher's compensation has been consistent with company performance over the past year.
CEO
Christopher Norbye (52 yo)
Mr. Christopher Norbye is Chairman of the Board of OEM International AB (publ) from April 24,2025. Mr. Norbye is Director of Stena Metall AB from January 2024. He serves as Director at agta record ag since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 4.9yrs | SEK 20.67m | 0.0059% € 372.5k | |
| Executive VP & CFO | 3.3yrs | no data | 0.00058% € 36.5k | |
| COO & Executive VP of EMEA | 1.3yrs | no data | 0.0058% € 366.8k | |
| Head of HR & Communications and Executive VP | 4yrs | no data | 0.000070% € 4.4k | |
| COO & Executive VP of Toshiba HVAC Western Europe | no data | no data | 0.012% € 785.2k | |
| Executive VP | 4.2yrs | no data | 0.00046% € 28.9k | |
| Head of M&A and Executive VP | 4yrs | no data | 0.00065% € 40.9k | |
| COO & Executive VP of APAC | 1.3yrs | no data | 0.0062% € 392.0k | |
| Head of Sustainability | no data | no data | no data |
Experienced Management: BRZ0's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 41.3yrs | SEK 550.00k | 1.99% € 124.9m | |
| Chairman of the Board | 5.1yrs | SEK 550.00k | 1.59% € 100.0m | |
| Director | 5.1yrs | SEK 800.00k | no data | |
| Independent Director | 4.3yrs | SEK 825.00k | no data | |
| Independent Director | 5yrs | SEK 550.00k | 0.00014% € 8.8k | |
| Independent Director | 11.3yrs | SEK 725.00k | 0.0081% € 507.8k | |
| Independent Director | 5yrs | SEK 550.00k | no data |
Experienced Board: BRZ0's board of directors are considered experienced (5.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/24 11:08 |
| End of Day Share Price | 2026/04/24 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Beijer Ref AB (publ) is covered by 20 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Simon Jonsson | Berenberg |
| Gerhard Orgonas | Berenberg |