Borregaard Management

Management criteria checks 4/4

Borregaard's CEO is Per Sørlie, appointed in Jan 1999, has a tenure of 25.92 years. total yearly compensation is NOK9.54M, comprised of 43.1% salary and 56.9% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth €2.56M. The average tenure of the management team and the board of directors is 17.4 years and 6.7 years respectively.

Key information

Per Sørlie

Chief executive officer

NOK 9.5m

Total compensation

CEO salary percentage43.1%
CEO tenure25.9yrs
CEO ownership0.2%
Management average tenure17.4yrs
Board average tenure6.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Per Sørlie's remuneration changed compared to Borregaard's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

NOK 813m

Jun 30 2024n/an/a

NOK 800m

Mar 31 2024n/an/a

NOK 839m

Dec 31 2023NOK 10mNOK 4m

NOK 870m

Sep 30 2023n/an/a

NOK 935m

Jun 30 2023n/an/a

NOK 937m

Mar 31 2023n/an/a

NOK 906m

Dec 31 2022NOK 8mNOK 4m

NOK 892m

Sep 30 2022n/an/a

NOK 810m

Jun 30 2022n/an/a

NOK 782m

Mar 31 2022n/an/a

NOK 763m

Dec 31 2021NOK 8mNOK 4m

NOK 692m

Sep 30 2021n/an/a

NOK 711m

Jun 30 2021n/an/a

NOK 612m

Mar 31 2021n/an/a

NOK 480m

Dec 31 2020NOK 6mNOK 4m

NOK 436m

Sep 30 2020n/an/a

NOK 353m

Jun 30 2020n/an/a

NOK 372m

Mar 31 2020n/an/a

NOK 393m

Dec 31 2019NOK 5mNOK 4m

NOK 417m

Sep 30 2019n/an/a

NOK 459m

Jun 30 2019n/an/a

NOK 455m

Mar 31 2019n/an/a

NOK 465m

Dec 31 2018NOK 5mNOK 3m

NOK 476m

Compensation vs Market: Per's total compensation ($USD842.07K) is below average for companies of similar size in the German market ($USD1.51M).

Compensation vs Earnings: Per's compensation has been consistent with company performance over the past year.


CEO

Per Sørlie (67 yo)

25.9yrs

Tenure

NOK 9,542,549

Compensation

Mr. Per Arthur Sørlie has been the Chief Executive Officer and President at Borregaard ASA since 1999. Mr. Sørlie serves as Head of Borregaard at Orkla ASA. He serves as President and Chief Executive Offic...


Leadership Team

NamePositionTenureCompensationOwnership
Per Sørlie
President & CEO25.9yrsNOK 9.54m0.17%
€ 2.6m
Per Lyngstad
Chief Financial Officer26.9yrsNOK 4.38m0.062%
€ 958.4k
Rolf Heggen
General Counsel11.9yrsNOK 3.83m0.041%
€ 639.9k
Dag Aasbø
Senior Vice President of Organisation & Public Affairs16.9yrsNOK 3.46m0.056%
€ 870.3k
Tom Foss-Jacobsen
Executive Vice President of BioSolutions17.9yrsNOK 5.51m0.031%
€ 476.0k
Gisle Johansen
Executive Vice President of Speciality Cellulose & Fine Chemicals17.9yrsNOK 4.16m0.022%
€ 339.9k
Kristin Misund
Senior Vice President of R&D and Business Development5.6yrsNOK 3.57m0.070%
€ 1.1m
Liv Longva
Senior Vice President of Procurement & Strategic Sourcing4.9yrsNOK 3.48m0.012%
€ 192.4k
Knut-Harald Bakke
Director of Investor Relations2.3yrsno data0.0015%
€ 22.5k
Tuva Barnholt
Senior Vice President of Strategic Sourcing19.9yrsNOK 1.57mno data
Veronica Skevik
Vice President of Financeno datano datano data
Lotte Kvinlaug
Investor Relations Officerno datano datano data

17.4yrs

Average Tenure

63yo

Average Age

Experienced Management: BO4's management team is seasoned and experienced (17.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Margrethe Hauge
Independent Director6.7yrsNOK 413.10k0.0041%
€ 63.1k
Helge Aasen
Independent Chairman6.7yrsNOK 708.30k0.0045%
€ 69.6k
Terje Andersen
Independent Director12.2yrsNOK 469.40k0.0044%
€ 67.6k
Bente Klausen
Board Observer12.2yrsNOK 105.00k0.0017%
€ 26.8k
Ragnhild Eide
Employee Representative Director12.2yrsNOK 314.00k0.0039%
€ 59.6k
Roy Appelgren
Board Observer12.2yrsNOK 105.00k0.0028%
€ 43.4k
Tove Andersen
Independent Director6.7yrsNOK 434.00k0.0091%
€ 140.7k
John Ulvan
Independent Director3.7yrsNOK 434.00k0.0035%
€ 54.2k
Arundel Kristiansen
Employee Representative Director4.3yrsNOK 314.00k0.0014%
€ 22.4k

6.7yrs

Average Tenure

59yo

Average Age

Experienced Board: BO4's board of directors are considered experienced (6.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 20:35
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 .

Analyst Sources

Borregaard ASA is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andres Castanos-MollorBerenberg
Bent RollandBeringer Finance AB
Niclas GehinDNB Markets