Ørsted Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Rasmus Errboe

Chief executive officer

DKK 960.0k

Total compensation

CEO salary percentage	86.4%
CEO tenure	1.3yrs
CEO ownership	n/a
Management average tenure	2.5yrs
Board average tenure	3.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rasmus Errboe's remuneration changed compared to Ørsted's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2024	n/a	n/a	-DKK 923m
Sep 30 2024	n/a	n/a	DKK 5b
Jun 30 2024	n/a	n/a	-DKK 23b
Mar 31 2024	n/a	n/a	-DKK 21b
Dec 31 2023	DKK 960k	DKK 829k	-DKK 21b

Compensation vs Market: Rasmus's total compensation ($USD133.65K) is below average for companies of similar size in the German market ($USD4.94M).

Compensation vs Earnings: Insufficient data to compare Rasmus's compensation with company performance.

CEO

Rasmus Errboe

1.3yrs

Tenure

DKK 960,000

Compensation

Rasmus Errboe is CEO, Chief Commercial Officer & Group President of Ørsted A/S from February 1, 2025. Rasmus Errboe was Deputy CEO, Chief Commercial Officer & Member of the Executive Board of Ørsted A/S fr...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rasmus Errboe	CEO, Chief Commercial Officer & Group President	1.3yrs	DKK 960.00k	no data
Daniel Lerup	Member of Executive Board	2.8yrs	DKK 7.78m	0.0023% € 383.5k
Henriette Ellekrog	Executive VP	5.3yrs	DKK 7.96m	0.0019% € 324.4k
Trond Westlie	CFO & Member of Executive Board	less than a year	no data	no data
Patrick Harnett	Executive VP & Chief Operations Officer	less than a year	no data	no data
Rasmus Haervig	Head of Investor Relations	2.8yrs	no data	no data
Anders Hansen	Senior VP & Head of Legal	2.3yrs	no data	no data
Martin Barlebo	Head of Communications	9.9yrs	no data	no data
Neil O'Donovan	Executive VP and Head of Strategy	3.5yrs	no data	no data
Ingrid Reumert	Senior VP & Head of Global Stakeholder Relations	2.8yrs	no data	no data
David Hardy	Executive VP & CEO of Region Americas	2.3yrs	no data	no data
Per Kristensen	Senior VP & President of Region APAC	2.3yrs	no data	no data

2.5yrs

Average Tenure

55yo

Average Age

Experienced Management: D2G1's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Korsholm	Independent Director	7.9yrs	DKK 520.00k	0.0019% € 329.5k
Dieter Wemmer	Independent Director	6.9yrs	DKK 640.00k	no data
Lene Skole-Sorensen	Independent Chair of the Board of Directors	9.9yrs	DKK 900.00k	0.00082% € 138.6k
Mogens Vinther	Board Observer	no data	DKK 75.00k	no data
Andrew Richard Brown	Deputy Chairman	1.9yrs	DKK 25.81m	no data
Benny Gøbel	Employee Representative Director	14.1yrs	DKK 400.00k	no data
Julia King	Independent Director	3.9yrs	DKK 475.00k	no data
Michael Bruun	Board Observer	no data	no data	no data
Philippe Lenoble	Board Observer	no data	no data	no data
Cathrine Collet Yde	Employee Representative Director	2.8yrs	DKK 400.00k	no data
Francisca Mandiola	Employee Representative Director	2.8yrs	DKK 400.00k	no data
Florence Vallienne	Employee Representative Director	2.8yrs	DKK 400.00k	no data

3.9yrs

Average Tenure

59.5yo

Average Age

Experienced Board: D2G1's board of directors are considered experienced (3.9 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 16:53
End of Day Share Price	2025/02/06 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

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 Github.

Analyst Sources

Ørsted A/S is covered by 41 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
Pierre-Yves Gauthier	AlphaValue
Alejandro Conde Fraisoli	Banco Santander

Ørsted Management

Management criteria checks 3/4

Key information

Recent management updates

Ørsted A/S Announces CEO Changes

Ørsted A/S Announces Executive Changes, Effective 1 February 2025

Ørsted A/S, Annual General Meeting, Apr 03, 2025

Ørsted A/S Announces Board Changes

Ørsted A/S Appoints Rasmus Errboe as Deputy CEO and Chief Commercial Officer

Ørsted A/S Announces CFO Changes

Recent updates

Ørsted A/S Announces CEO Changes

Ørsted A/S Announces Executive Changes, Effective 1 February 2025

Energy Capital Partners, LLC agreed to acquire 50% stake in Eleven Mile Solar Center, Llc,Mockingbird Solar Center, LLC and Sparta Solar, LLC from Ørsted A/S (CPSE:ORSTED) in a transaction valued at $570 million.

Ørsted A/S, Annual General Meeting, Apr 03, 2025

Ørsted A/S to Report Fiscal Year 2024 Final Results on Feb 06, 2025

Equinor ASA (OB:EQNR) acquired 9.80% stake in Ørsted A/S (CPSE:ORSTED).

Equinor ASA (OB:EQNR) acquired 9.80% stake in Ørsted A/S (CPSE:ORSTED).

Ørsted A/S Announces Board Changes

U.S. Department of Energy Selects Ørsted to Receive Industrial Decarbonization Funding

Ørsted A/S Appoints Rasmus Errboe as Deputy CEO and Chief Commercial Officer

Ørsted A/S Approves No Dividend Payment for the Financial Year 2023

Ørsted A/S Approves No Dividend Payment for the Financial Year 2023

Ørsted A/S Announces CFO Changes

Ørsted A/S Announces Board Resignations

Ørsted A/S Announces Board Appointments

Ørsted A/S to Report First Half, 2024 Results on Aug 15, 2024

Ørsted Secures 1.6 Gw Electricity Business License for Offshore Wind Project Off the Coast of Incheon, Korea

Ørsted Secures 1.6 Gw Electricity Business License for Offshore Wind Project Off the Coast of Incheon, Korea

Ørsted A/S Announces Change of CFO

Greencoat Capital LLP completed the acquisition of 25% stake in London Array Offshore Wind Farm in UK from Ørsted A/S (CPSE : ORSTED).

Greencoat UK Wind PLC (LSE:UKW), managed by Greencoat Capital LLP agreed to acquire a 25% stake in London Array Offshore Wind Farm in UK from Ørsted A/S (CPSE : ORSTED) for approximately £720 million.

Greencoat UK Wind PLC (LSE:UKW), managed by Greencoat Capital LLP agreed to acquire a 25% stake in London Array Offshore Wind Farm in UK from Ørsted A/S (CPSE : ORSTED) for approximately £720 million.

Ørsted A/S Recommends Dividend for the Year 2022

Ørsted A/S (CPSE:ORSTED) acquired remaining 55% stake in Liquid Wind AB.

Renewable Power Fund Plus LP managed by Energy Capital Partners, LLC acquired 862 MW Portfolio of Three Onshore Wind Farms and One Solar Farm in the US from Ørsted A/S (CPSE:ORSTED) for $410 million.

Ørsted A/S (CPSE:ORSTED) acquired OSTWIND Erneuerbare Energien GmbH, OSTWINDpark Rotmainquelle GmbH & Co. KG, STWIND International S.A.S and OSTWIND Engineering S.A.S. from Ostwind AG.

Ørsted A/S (CPSE:ORSTED) acquired Ballinrea solar PV project in Ireland from Terra Solar Limited.

Ørsted A/S Appoints Per Mejnert Kristensen as President of Region Asia Pacific

Ørsted Comments On Media Speculations Regarding Acquisition Of Ostwind

Ørsted A/S (CPSE:ORSTED) agreed to acquire 121 MW onshore wind farm in Ford County from funds managed by Ares Management Corporation (NYSE:ARES).

Ørsted Appoints Rasmus Keglberg Hærvig as Head of Investor Relations

Ørsted A/S Approves Dividend

Ørsted A/S (CPSE:ORSTED) acquired Scottish Floating Wind Development Project from Simply Blue Group and Subsea 7 S.A. (OB:SUBC).

Orsted Reportedly in Talks with AXA Consortium on UK Offshore Wind Farm Stake

Ørsted A/S Provides Earnings Guidance for the Year 2022

Ørsted Appoints Daniel Lerup as the Group Chief Financial Officer as of 8 April 2022

Ørsted A/S (CPSE:ORSTED) acquired 302 MW onshore wind farm in Morgan County, Illinois.

Ørsted A/S Completes Onshore Wind Project to Date

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources