NKT Management

Management criteria checks 2/4

NKT's CEO is Claes Westerlind, appointed in May 2023, has a tenure of 1.5 years. total yearly compensation is €1.21M, comprised of 39.9% salary and 60.1% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth DKK1.99M. The average tenure of the management team and the board of directors is 3.3 years and 2.7 years respectively.

Key information

Claes Westerlind

Chief executive officer

€1.2m

Total compensation

CEO salary percentage39.9%
CEO tenure1.5yrs
CEO ownership0.007%
Management average tenure3.3yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

Returns On Capital Are Showing Encouraging Signs At NKT (CPH:NKT)

Nov 07
Returns On Capital Are Showing Encouraging Signs At NKT (CPH:NKT)

NKT (CPH:NKT) Could Easily Take On More Debt

Oct 04
NKT (CPH:NKT) Could Easily Take On More Debt

With EPS Growth And More, NKT (CPH:NKT) Makes An Interesting Case

Sep 04
With EPS Growth And More, NKT (CPH:NKT) Makes An Interesting Case

Should You Investigate NKT A/S (CPH:NKT) At kr.630?

Aug 17
Should You Investigate NKT A/S (CPH:NKT) At kr.630?

Getting In Cheap On NKT A/S (CPH:NKT) Might Be Difficult

Aug 02
Getting In Cheap On NKT A/S (CPH:NKT) Might Be Difficult

Does NKT (CPH:NKT) Have A Healthy Balance Sheet?

Jul 03
Does NKT (CPH:NKT) Have A Healthy Balance Sheet?

NKT (CPH:NKT) Is Looking To Continue Growing Its Returns On Capital

Jun 06
NKT (CPH:NKT) Is Looking To Continue Growing Its Returns On Capital

NKT A/S' (CPH:NKT) Share Price Not Quite Adding Up

Apr 28
NKT A/S' (CPH:NKT) Share Price Not Quite Adding Up

Should You Be Adding NKT (CPH:NKT) To Your Watchlist Today?

Apr 15
Should You Be Adding NKT (CPH:NKT) To Your Watchlist Today?

Does NKT (CPH:NKT) Have A Healthy Balance Sheet?

Mar 30
Does NKT (CPH:NKT) Have A Healthy Balance Sheet?

What Does NKT A/S's (CPH:NKT) Share Price Indicate?

Mar 15
What Does NKT A/S's (CPH:NKT) Share Price Indicate?

NKT A/S Just Missed EPS By 6.2%: Here's What Analysts Think Will Happen Next

Feb 25
NKT A/S Just Missed EPS By 6.2%: Here's What Analysts Think Will Happen Next

The Return Trends At NKT (CPH:NKT) Look Promising

Feb 21
The Return Trends At NKT (CPH:NKT) Look Promising

With NKT A/S (CPH:NKT) It Looks Like You'll Get What You Pay For

Jan 04
With NKT A/S (CPH:NKT) It Looks Like You'll Get What You Pay For

These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Safely

Dec 15
These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Safely

Here's Why NKT (CPH:NKT) Has Caught The Eye Of Investors

Nov 30
Here's Why NKT (CPH:NKT) Has Caught The Eye Of Investors

Is NKT A/S (CPH:NKT) Potentially Undervalued?

Nov 09
Is NKT A/S (CPH:NKT) Potentially Undervalued?

NKT (CPH:NKT) Is Looking To Continue Growing Its Returns On Capital

Oct 08
NKT (CPH:NKT) Is Looking To Continue Growing Its Returns On Capital

These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Safely

Sep 04
These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Safely

If EPS Growth Is Important To You, NKT (CPH:NKT) Presents An Opportunity

Aug 16
If EPS Growth Is Important To You, NKT (CPH:NKT) Presents An Opportunity

Is It Too Late To Consider Buying NKT A/S (CPH:NKT)?

Jul 19
Is It Too Late To Consider Buying NKT A/S (CPH:NKT)?

NKT A/S (CPH:NKT) Might Not Be As Mispriced As It Looks

Jun 28
NKT A/S (CPH:NKT) Might Not Be As Mispriced As It Looks

NKT (CPH:NKT) Could Easily Take On More Debt

May 06
NKT (CPH:NKT) Could Easily Take On More Debt

Investors Will Want NKT's (CPH:NKT) Growth In ROCE To Persist

Apr 17
Investors Will Want NKT's (CPH:NKT) Growth In ROCE To Persist

Why NKT A/S (CPH:NKT) Could Be Worth Watching

Feb 23
Why NKT A/S (CPH:NKT) Could Be Worth Watching

NKT (CPH:NKT) Has A Somewhat Strained Balance Sheet

Feb 02
NKT (CPH:NKT) Has A Somewhat Strained Balance Sheet

We Think NKT (CPH:NKT) Is Taking Some Risk With Its Debt

Nov 01
We Think NKT (CPH:NKT) Is Taking Some Risk With Its Debt

Should You Think About Buying NKT A/S (CPH:NKT) Now?

Jul 30
Should You Think About Buying NKT A/S (CPH:NKT) Now?

These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Extensively

Jul 11
These 4 Measures Indicate That NKT (CPH:NKT) Is Using Debt Extensively

Are Investors Undervaluing NKT A/S (CPH:NKT) By 33%?

Jun 14
Are Investors Undervaluing NKT A/S (CPH:NKT) By 33%?

NKT's (CPH:NKT) Earnings Are Of Questionable Quality

May 26
NKT's (CPH:NKT) Earnings Are Of Questionable Quality

Should You Investigate NKT A/S (CPH:NKT) At kr.318?

Apr 13
Should You Investigate NKT A/S (CPH:NKT) At kr.318?

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For NKT A/S' (CPH:NKT) CEO For Now

Mar 17
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For NKT A/S' (CPH:NKT) CEO For Now

CEO Compensation Analysis

How has Claes Westerlind's remuneration changed compared to NKT's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€200m

Jun 30 2024n/an/a

€166m

Mar 31 2024n/an/a

€126m

Dec 31 2023€1m€484k

€108m

Compensation vs Market: Claes's total compensation ($USD1.28M) is below average for companies of similar size in the Danish market ($USD2.51M).

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


CEO

Claes Westerlind (42 yo)

1.5yrs

Tenure

€1,213,300

Compensation

Mr. Claes Westerlind served as Executive Vice President and Head of HV Solutions Karlskrona at NKT A/S until May 09, 2023 and serves as its President & Chief Executive Officer since May 09, 2023. Mr. Weste...


Leadership Team

NamePositionTenureCompensationOwnership
Claes Westerlind
President & CEO1.5yrs€1.21m0.0066%
DKK 2.1m
Line Fandrup
Executive VP & CFO4.3yrs€1.23m0.0090%
DKK 2.8m
Will Hendrikx
COO & Deputy CEOno datano datano data
Anders Jensen
Executive VP & CTO6.8yrsno datano data
Michael Nielsen
Head of Investor Relationsno datano datano data
Mark Nielsen
Chief Legal Officerno datano datano data
Louise Naldal
Head of Group Communicationsno datano datano data
Kira Johnson
Executive VP & Chief HR Officer3.8yrsno datano data
Michael Hjorth
Chief Commercial Officerno datano datano data
Axel Widmark
Executive VP & Head of Serviceno datano datano data
Denis Schuler
Executive VP & Head of Accessories1.8yrsno datano data
Lukas Sidler
Executive VP & Head of HV Solutions Cologne2.8yrsno datano data

3.3yrs

Average Tenure

50.5yo

Average Age

Experienced Management: NKT's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jens Peter Olsen
Chairman of the Board18.8yrs€151.00k0.097%
DKK 30.0m
Rene Svendsen-Tune
Independent Deputy Chairman8.6yrs€131.00k0.012%
DKK 3.9m
Andreas Nauen
Independent Director7.1yrs€109.00kno data
Karla Lindahl
Independent Director4.4yrs€67.00kno data
Nebahat Albayrak
Independent Director2.7yrs€76.00kno data
Pernille Simonsen
Employee Representative Director2.7yrs€50.00kno data
Anne Vedel
Independent Director1.7yrs€51.00kno data
Jean Iversen
Directorless than a yearno datano data
Akos Frank
Directorless than a yearno datano data

2.7yrs

Average Tenure

56yo

Average Age

Experienced Board: NKT's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.