Borregaard Management
Management criteria checks 4/4
Borregaard's CEO is Per Sørlie, appointed in Jan 1999, has a tenure of 25.25 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 €2.69M. The average tenure of the management team and the board of directors is 16.8 years and 6 years respectively.
Key information
Per Sørlie
Chief executive officer
kr9.5m
Total compensation
CEO salary percentage | 43.1% |
CEO tenure | 25.3yrs |
CEO ownership | 0.2% |
Management average tenure | 16.8yrs |
Board average tenure | 6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | kr839m |
Dec 31 2023 | kr10m | kr4m | kr870m |
Sep 30 2023 | n/a | n/a | kr935m |
Jun 30 2023 | n/a | n/a | kr937m |
Mar 31 2023 | n/a | n/a | kr906m |
Dec 31 2022 | kr8m | kr4m | kr892m |
Sep 30 2022 | n/a | n/a | kr810m |
Jun 30 2022 | n/a | n/a | kr782m |
Mar 31 2022 | n/a | n/a | kr763m |
Dec 31 2021 | kr8m | kr4m | kr692m |
Sep 30 2021 | n/a | n/a | kr711m |
Jun 30 2021 | n/a | n/a | kr612m |
Mar 31 2021 | n/a | n/a | kr480m |
Dec 31 2020 | kr6m | kr4m | kr436m |
Sep 30 2020 | n/a | n/a | kr353m |
Jun 30 2020 | n/a | n/a | kr372m |
Mar 31 2020 | n/a | n/a | kr393m |
Dec 31 2019 | kr5m | kr4m | kr417m |
Sep 30 2019 | n/a | n/a | kr459m |
Jun 30 2019 | n/a | n/a | kr455m |
Mar 31 2019 | n/a | n/a | kr465m |
Dec 31 2018 | kr5m | kr3m | kr476m |
Sep 30 2018 | n/a | n/a | kr486m |
Jun 30 2018 | n/a | n/a | kr506m |
Mar 31 2018 | n/a | n/a | kr555m |
Dec 31 2017 | kr5m | kr3m | kr566m |
Compensation vs Market: Per's total compensation ($USD869.21K) is below average for companies of similar size in the German market ($USD1.63M).
Compensation vs Earnings: Per's compensation has been consistent with company performance over the past year.
CEO
Per Sørlie (66 yo)
25.3yrs
Tenure
kr9,542,549
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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President & CEO | 25.3yrs | kr9.54m | 0.17% NOK 2.7m | |
Chief Financial Officer | 26.3yrs | kr4.38m | 0.062% NOK 1.0m | |
General Counsel | 11.3yrs | kr3.83m | 0.026% NOK 428.4k | |
Senior Vice President of Organisation & Public Affairs | 16.3yrs | kr3.46m | 0.056% NOK 913.9k | |
Executive Vice President of BioSolutions | 17.3yrs | kr5.51m | 0.031% NOK 499.9k | |
Executive Vice President of Speciality Cellulose & Fine Chemicals | 17.3yrs | kr4.16m | 0.022% NOK 357.0k | |
Senior Vice President of R&D and Business Development | 4.9yrs | kr3.57m | 0.070% NOK 1.1m | |
Senior Vice President of Procurement & Strategic Sourcing | 4.3yrs | kr3.48m | 0.012% NOK 202.0k | |
Director of Investor Relations | 1.6yrs | no data | 0.0015% NOK 23.7k | |
Senior Vice President of Strategic Sourcing | 19.3yrs | kr1.57m | no data | |
Vice President of Finance | no data | no data | no data | |
Investor Relations Officer | no data | no data | no data |
16.8yrs
Average Tenure
62yo
Average Age
Experienced Management: BO4's management team is seasoned and experienced (16.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Director | 6yrs | kr413.10k | 0.0041% NOK 66.3k | |
Independent Chairman | 6yrs | kr708.30k | 0.0045% NOK 73.1k | |
Independent Director | 11.5yrs | kr469.40k | 0.0044% NOK 71.0k | |
Board Observer | 11.5yrs | kr105.00k | 0.0014% NOK 22.7k | |
Employee Representative Director | 11.5yrs | kr314.00k | 0.0037% NOK 60.2k | |
Board Observer | 11.5yrs | kr105.00k | 0.0028% NOK 45.6k | |
Independent Director | 6yrs | kr434.00k | 0.0060% NOK 97.4k | |
Independent Director | 3yrs | kr434.00k | 0.0035% NOK 56.9k | |
Employee Representative Director | 3.7yrs | kr314.00k | 0.0014% NOK 23.5k |
6.0yrs
Average Tenure
58yo
Average Age
Experienced Board: BO4's board of directors are considered experienced (6 years average tenure).