Ørsted Management
Management criteria checks 4/4
Ørsted's CEO is Mads Nipper, appointed in Jan 2021, has a tenure of 3.42 years. total yearly compensation is DKK18.44M, comprised of 86.3% salary and 13.7% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth €443.92K. The average tenure of the management team and the board of directors is 2.1 years and 3.3 years respectively.
Key information
Mads Nipper
Chief executive officer
DKK 18.4m
Total compensation
| CEO salary percentage | 86.3% |
| CEO tenure | 3.4yrs |
| CEO ownership | 0.002% |
| Management average tenure | 2.1yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -DKK 21b |
| Dec 31 2023 | DKK 18m | DKK 16m | -DKK 21b |
| Sep 30 2023 | n/a | n/a | -DKK 21b |
| Jun 30 2023 | n/a | n/a | DKK 11b |
| Mar 31 2023 | n/a | n/a | DKK 12b |
| Dec 31 2022 | DKK 23m | DKK 15m | DKK 15b |
| Sep 30 2022 | n/a | n/a | DKK 18b |
| Jun 30 2022 | n/a | n/a | DKK 9b |
| Mar 31 2022 | n/a | n/a | DKK 15b |
| Dec 31 2021 | DKK 22m | DKK 15m | DKK 10b |
Compensation vs Market: Mads's total compensation ($USD2.65M) is below average for companies of similar size in the German market ($USD5.28M).
Compensation vs Earnings: Mads's compensation has been consistent with company performance over the past year.
CEO
Mads Nipper (58 yo)
3.4yrs
Tenure
DKK 18,440,000
Compensation
Mr. Mads Nipper serves as Chief Executive Officer and Group President at Ørsted A/S since January 1, 2021 and also serves as Member of its Executive Board. He serves as Vice Chairman of the Board at FLSmid...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Group President & Member of Executive Board | 3.4yrs | DKK 18.44m | 0.0021% DKK 443.9k | |
| Member of Executive Board | 2.2yrs | DKK 7.78m | 0.0023% DKK 482.2k | |
| Executive VP | 4.7yrs | DKK 7.96m | 0.0019% DKK 407.8k | |
| Deputy CEO | less than a year | DKK 960.00k | no data | |
| CFO & Member of Executive Board | less than a year | no data | no data | |
| Executive VP & Chief Operations Officer | less than a year | no data | no data | |
| Head of Investor Relations | 2.2yrs | no data | no data | |
| Senior VP & Head of Legal | 1.6yrs | no data | no data | |
| Head of Communications | 9.3yrs | no data | no data | |
| Executive VP and Head of Strategy | 2.8yrs | no data | no data | |
| Senior VP & Head of Global Stakeholder Relations | 2.1yrs | no data | no data | |
| Executive VP & CEO of Region Americas | 1.6yrs | no data | no data |
2.1yrs
Average Tenure
55.5yo
Average Age
Experienced Management: D2G's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 7.3yrs | DKK 520.00k | 0.0019% DKK 414.2k | |
| Independent Director | 6.3yrs | DKK 640.00k | 0.00071% DKK 150.8k | |
| Independent Chair of the Board of Directors | 9.3yrs | DKK 900.00k | 0.00082% DKK 174.2k | |
| Board Observer | no data | DKK 75.00k | no data | |
| Deputy Chairman | 1.3yrs | DKK 25.81m | no data | |
| Employee Representative Director | 13.4yrs | DKK 400.00k | 0.00026% DKK 55.2k | |
| Independent Director | 3.3yrs | DKK 475.00k | no data | |
| Board Observer | no data | no data | no data | |
| Board Observer | no data | no data | no data | |
| Employee Representative Director | 2.2yrs | DKK 400.00k | no data | |
| Employee Representative Director | 2.2yrs | DKK 400.00k | no data | |
| Employee Representative Director | 2.2yrs | DKK 400.00k | no data |
3.3yrs
Average Tenure
59.5yo
Average Age
Experienced Board: D2G's board of directors are considered experienced (3.3 years average tenure).