Orkla Management
Management criteria checks 4/4
Orkla's CEO is Nils Selte, appointed in Apr 2022, has a tenure of 3.08 years. total yearly compensation is NOK25.85M, comprised of 49.1% salary and 50.9% bonuses, including company stock and options. directly owns 0.024% of the company’s shares, worth €2.32M. The average tenure of the management team and the board of directors is 3.1 years and 3.1 years respectively.
Key information
Nils Selte
Chief executive officer
NOK 25.8m
Total compensation
CEO salary percentage | 49.10% |
CEO tenure | 3.1yrs |
CEO ownership | 0.02% |
Management average tenure | 3.1yrs |
Board average tenure | 3.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2025 | n/a | n/a | NOK 6b |
Dec 31 2024 | NOK 26m | NOK 13m | NOK 6b |
Sep 30 2024 | n/a | n/a | NOK 6b |
Jun 30 2024 | n/a | n/a | NOK 6b |
Mar 31 2024 | n/a | n/a | NOK 5b |
Dec 31 2023 | NOK 25m | NOK 12m | NOK 5b |
Sep 30 2023 | n/a | n/a | NOK 5b |
Jun 30 2023 | n/a | n/a | NOK 5b |
Mar 31 2023 | n/a | n/a | NOK 5b |
Dec 31 2022 | NOK 10m | NOK 8m | NOK 5b |
Sep 30 2022 | n/a | n/a | NOK 5b |
Jun 30 2022 | n/a | n/a | NOK 5b |
Mar 31 2022 | n/a | n/a | NOK 5b |
Dec 31 2021 | NOK 747k | n/a | NOK 5b |
Sep 30 2021 | n/a | n/a | NOK 5b |
Jun 30 2021 | n/a | n/a | NOK 5b |
Mar 31 2021 | n/a | n/a | NOK 5b |
Dec 31 2020 | NOK 718k | n/a | NOK 4b |
Sep 30 2020 | n/a | n/a | NOK 5b |
Jun 30 2020 | n/a | n/a | NOK 4b |
Mar 31 2020 | n/a | n/a | NOK 4b |
Dec 31 2019 | NOK 829k | n/a | NOK 4b |
Sep 30 2019 | n/a | n/a | NOK 3b |
Jun 30 2019 | n/a | n/a | NOK 3b |
Mar 31 2019 | n/a | n/a | NOK 3b |
Jan 01 2019 | n/a | n/a | NOK 3b |
Compensation vs Market: Nils's total compensation ($USD2.49M) is below average for companies of similar size in the German market ($USD5.21M).
Compensation vs Earnings: Nils's compensation has been consistent with company performance over the past year.
CEO
Nils Selte (59 yo)
3.1yrs
Tenure
NOK 25,845,000
Compensation
Mr. Nils Kloumann Selte has been President and Chief Executive Officer of Orkla ASA since 11 April 2022 and served as its Director. He is Director at Jotun A/S. He served as Chairman at Komplett ASA since...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President & CEO | 3.1yrs | NOK 25.85m | 0.024% € 2.3m | |
EVP & CFO | less than a year | NOK 7.33m | 0.010% € 964.1k | |
Executive Vice President of Legal & Compliance | 5.3yrs | NOK 6.39m | 0.0012% € 111.4k | |
Head of Corporate Functions | 10.4yrs | NOK 6.79m | 0% € 0 | |
Executive VP of Investments | 9.7yrs | NOK 7.90m | 0.0015% € 148.8k | |
Executive Officer | less than a year | NOK 6.64m | 0% € 0 | |
Executive VP of Investments | 2.8yrs | NOK 7.78m | 0.00074% € 71.1k | |
Executive Vice President of Investments | 2.5yrs | NOK 7.49m | 0.0026% € 244.9k | |
Executive Vice President of Investments | 2.4yrs | NOK 13.43m | 0.010% € 964.1k | |
Head of Share Portfolio & Investment Director | 18.8yrs | no data | no data | |
Senior Vice President of Corporate Accounting | no data | no data | no data | |
Lawyer & Adviser | 5.5yrs | NOK 5.88m | no data |
3.1yrs
Average Tenure
55yo
Average Age
Experienced Management: OKL0's management team is considered experienced (3.1 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Director | 3.1yrs | NOK 824.00k | 0.0020% € 193.0k | |
Employee Representative Director | 9.1yrs | NOK 1.34m | 0.0012% € 114.3k | |
Independent Director | 8.1yrs | NOK 853.00k | 0.0022% € 206.5k | |
Employee Representative Director | 13.3yrs | NOK 1.46m | 0.0011% € 107.6k | |
Chairman of the Board | 21.3yrs | NOK 1.17m | 0.000040% € 3.8k | |
Independent Director | 1.1yrs | NOK 649.00k | 0.0010% € 96.0k | |
Independent Director | 2.6yrs | NOK 674.00k | 0.0029% € 274.6k | |
Independent Director | 7.1yrs | NOK 745.00k | 0.0020% € 193.0k | |
Member of the Board | 2.3yrs | NOK 674.00k | no data | |
Employee Representative Director | 1.3yrs | NOK 1.30m | 0.00018% € 17.3k | |
Business Advisor to President and CEO | no data | no data | no data | |
Chairman of Orkla Foods Europe | 2yrs | no data | no data |
3.1yrs
Average Tenure
59.5yo
Average Age
Experienced Board: OKL0's board of directors are considered experienced (3.1 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/05/16 05:31 |
End of Day Share Price | 2025/05/16 00:00 |
Earnings | 2025/03/31 |
Annual Earnings | 2024/12/31 |
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 |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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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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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
Orkla ASA is covered by 24 analysts. 6 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 |
Kenneth Sivertsen | Arctic Securities ASA |
Patrick Folan | Barclays |