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 percentage49.10%
CEO tenure3.1yrs
CEO ownership0.02%
Management average tenure3.1yrs
Board average tenure3.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nils Selte's remuneration changed compared to Orkla's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

NOK 6b

Dec 31 2024NOK 26mNOK 13m

NOK 6b

Sep 30 2024n/an/a

NOK 6b

Jun 30 2024n/an/a

NOK 6b

Mar 31 2024n/an/a

NOK 5b

Dec 31 2023NOK 25mNOK 12m

NOK 5b

Sep 30 2023n/an/a

NOK 5b

Jun 30 2023n/an/a

NOK 5b

Mar 31 2023n/an/a

NOK 5b

Dec 31 2022NOK 10mNOK 8m

NOK 5b

Sep 30 2022n/an/a

NOK 5b

Jun 30 2022n/an/a

NOK 5b

Mar 31 2022n/an/a

NOK 5b

Dec 31 2021NOK 747kn/a

NOK 5b

Sep 30 2021n/an/a

NOK 5b

Jun 30 2021n/an/a

NOK 5b

Mar 31 2021n/an/a

NOK 5b

Dec 31 2020NOK 718kn/a

NOK 4b

Sep 30 2020n/an/a

NOK 5b

Jun 30 2020n/an/a

NOK 4b

Mar 31 2020n/an/a

NOK 4b

Dec 31 2019NOK 829kn/a

NOK 4b

Sep 30 2019n/an/a

NOK 3b

Jun 30 2019n/an/a

NOK 3b

Mar 31 2019n/an/a

NOK 3b

Jan 01 2019n/an/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

NamePositionTenureCompensationOwnership
Nils Selte
President & CEO3.1yrsNOK 25.85m0.024%
€ 2.3m
Arve Regland
EVP & CFOless than a yearNOK 7.33m0.010%
€ 964.1k
Camilla Robstad
Executive Vice President of Legal & Compliance5.3yrsNOK 6.39m0.0012%
€ 111.4k
Christer Gronberg
Head of Corporate Functions10.4yrsNOK 6.79m0%
€ 0
Hege Brekke
Executive VP of Investments9.7yrsNOK 7.90m0.0015%
€ 148.8k
Harald Ullevoldsæter
Executive Officerless than a yearNOK 6.64m0%
€ 0
Maria Syse-Nybraaten
Executive VP of Investments2.8yrsNOK 7.78m0.00074%
€ 71.1k
Audun Stensvold
Executive Vice President of Investments2.5yrsNOK 7.49m0.0026%
€ 244.9k
Oyvind Torpp
Executive Vice President of Investments2.4yrsNOK 13.43m0.010%
€ 964.1k
Thomas Oybo
Head of Share Portfolio & Investment Director18.8yrsno datano data
Frode Kronstad
Senior Vice President of Corporate Accountingno datano datano data
Karl Tveter
Lawyer & Adviser5.5yrsNOK 5.88mno data

3.1yrs

Average Tenure

55yo

Average Age

Experienced Management: OKL0's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christina Fagerberg
Independent Director3.1yrsNOK 824.00k0.0020%
€ 193.0k
Roger Vangen
Employee Representative Director9.1yrsNOK 1.34m0.0012%
€ 114.3k
Liselott Kilaas
Independent Director8.1yrsNOK 853.00k0.0022%
€ 206.5k
Terje Utstrand
Employee Representative Director13.3yrsNOK 1.46m0.0011%
€ 107.6k
Stein Hagen
Chairman of the Board21.3yrsNOK 1.17m0.000040%
€ 3.8k
Bengt Rem
Independent Director1.1yrsNOK 649.00k0.0010%
€ 96.0k
Rolv Erik Ryssdal
Independent Director2.6yrsNOK 674.00k0.0029%
€ 274.6k
Peter Agnefjall
Independent Director7.1yrsNOK 745.00k0.0020%
€ 193.0k
Caroline Marie Kjos
Member of the Board2.3yrsNOK 674.00kno data
Ingrid Nielsen
Employee Representative Director1.3yrsNOK 1.30m0.00018%
€ 17.3k
Marte Sølvsberg
Business Advisor to President and CEOno datano datano data
Xavier Belison
Chairman of Orkla Foods Europe2yrsno datano 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

DataLast Updated (UTC time)
Company Analysis2025/05/16 05:31
End of Day Share Price 2025/05/16 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
null nullABG Sundal Collier
Kenneth SivertsenArctic Securities ASA
Patrick FolanBarclays