Demant Management
Management criteria checks 4/4
Demant's CEO is Søren Nielsen, appointed in Sep 2015, has a tenure of 8.58 years. total yearly compensation is DKK17.60M, comprised of 69.9% salary and 30.1% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth €1.69M. The average tenure of the management team and the board of directors is 5.3 years and 3.6 years respectively.
Key information
Søren Nielsen
Chief executive officer
kr.17.6m
Total compensation
| CEO salary percentage | 69.9% |
| CEO tenure | 8.6yrs |
| CEO ownership | 0.02% |
| Management average tenure | 5.3yrs |
| Board average tenure | 3.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | kr.3b |
| Sep 30 2023 | n/a | n/a | kr.2b |
| Jun 30 2023 | n/a | n/a | kr.2b |
| Mar 31 2023 | n/a | n/a | kr.2b |
| Dec 31 2022 | kr.18m | kr.12m | kr.2b |
| Sep 30 2022 | n/a | n/a | kr.2b |
| Jun 30 2022 | n/a | n/a | kr.3b |
| Mar 31 2022 | n/a | n/a | kr.3b |
| Dec 31 2021 | kr.17m | kr.13m | kr.3b |
| Sep 30 2021 | n/a | n/a | kr.2b |
| Jun 30 2021 | n/a | n/a | kr.2b |
| Mar 31 2021 | n/a | n/a | kr.2b |
| Dec 31 2020 | kr.15m | kr.12m | kr.1b |
| Sep 30 2020 | n/a | n/a | kr.970m |
| Jun 30 2020 | n/a | n/a | kr.818m |
| Mar 31 2020 | n/a | n/a | kr.1b |
| Dec 31 2019 | kr.15m | kr.13m | kr.1b |
| Sep 30 2019 | n/a | n/a | kr.2b |
| Jun 30 2019 | n/a | n/a | kr.2b |
| Mar 31 2019 | n/a | n/a | kr.2b |
| Dec 31 2018 | kr.13m | kr.12m | kr.2b |
| Sep 30 2018 | n/a | n/a | kr.2b |
| Jun 30 2018 | n/a | n/a | kr.2b |
| Mar 31 2018 | n/a | n/a | kr.2b |
| Dec 31 2017 | kr.15m | kr.10m | kr.2b |
Compensation vs Market: Søren's total compensation ($USD2.53M) is below average for companies of similar size in the German market ($USD5.66M).
Compensation vs Earnings: Søren's compensation has been consistent with company performance over the past year.
CEO
Søren Nielsen (53 yo)
8.6yrs
Tenure
kr.17,600,000
Compensation
Mr. Søren Nielsen has been the Chief Executive Officer and President of Demant A/S (formerly known as William Demant Holding A/S) since April 1, 2017 and has been its Member of Executive Board since Septem...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CFO & Member of Executive Board | 8.6yrs | kr.11.10m | 0.0098% DKK 974.4k | |
| CEO, President & Member of Executive Board | 8.6yrs | kr.17.60m | 0.017% DKK 1.7m | |
| President of Hearing Care & Member of Executive Board | 2yrs | kr.6.57m | 0.013% DKK 1.3m | |
| Head of Investor Relations | less than a year | no data | no data | |
| Vice President of Corporate Communication and Sustainability | no data | no data | no data | |
| Senior Vice President of R&D | no data | no data | no data |
5.3yrs
Average Tenure
52.5yo
Average Age
Experienced Management: WDH1's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Deputy Chairman | 7yrs | kr.1.00m | 0.41% DKK 41.2m | |
| Chairman | 16.1yrs | kr.1.35m | 0.0037% DKK 368.3k | |
| Independent Director | 3.1yrs | kr.550.00k | no data | |
| Independent Director | 3.1yrs | kr.450.00k | 0.0019% DKK 189.1k | |
| Staff-Elected Director | 9.3yrs | kr.338.00k | 0.00061% DKK 60.7k | |
| Independent Director | 4.1yrs | kr.450.00k | 0.00069% DKK 68.7k | |
| Employee Representative Director | 1.3yrs | kr.338.00k | 0.00027% DKK 26.9k | |
| Employee Representative Director | 1.3yrs | kr.338.00k | 0.00027% DKK 26.9k |
3.6yrs
Average Tenure
52.5yo
Average Age
Experienced Board: WDH1's board of directors are considered experienced (3.6 years average tenure).