Vestas Wind Systems Management
Management criteria checks 3/4
Vestas Wind Systems' CEO is Henrik Andersen, appointed in Aug 2019, has a tenure of 5.33 years. total yearly compensation is €8.52M, comprised of 20.7% salary and 79.3% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth DKK23.20M. The average tenure of the management team and the board of directors is 4.6 years and 4.7 years respectively.
Key information
Henrik Andersen
Chief executive officer
€8.5m
Total compensation
CEO salary percentage | 20.7% |
CEO tenure | 5.3yrs |
CEO ownership | 0.02% |
Management average tenure | 4.6yrs |
Board average tenure | 4.7yrs |
Recent management updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Vestas Wind Systems (CPH:VWS)
Nov 30Impressive Earnings May Not Tell The Whole Story For Vestas Wind Systems (CPH:VWS)
Nov 12Vestas Wind Systems A/S Just Missed EPS By 42%: Here's What Analysts Think Will Happen Next
Nov 07Vestas Wind Systems A/S (CPH:VWS) Could Be Riskier Than It Looks
Oct 29What Does Vestas Wind Systems A/S's (CPH:VWS) Share Price Indicate?
Sep 14Analysts Are Updating Their Vestas Wind Systems A/S (CPH:VWS) Estimates After Its Interim Results
Aug 16There Are Reasons To Feel Uneasy About Vestas Wind Systems' (CPH:VWS) Returns On Capital
Jul 13Vestas Wind Systems A/S' (CPH:VWS) Intrinsic Value Is Potentially 65% Above Its Share Price
Jun 16Market Participants Recognise Vestas Wind Systems A/S' (CPH:VWS) Revenues
May 22Vestas Wind Systems A/S Just Missed Earnings; Here's What Analysts Are Forecasting Now
May 04Is It Time To Consider Buying Vestas Wind Systems A/S (CPH:VWS)?
Mar 31Is There An Opportunity With Vestas Wind Systems A/S' (CPH:VWS) 30% Undervaluation?
Mar 15Here's Why Vestas Wind Systems (CPH:VWS) Can Manage Its Debt Responsibly
Feb 29Vestas Wind Systems' (CPH:VWS) Earnings Are Of Questionable Quality
Feb 14Vestas Wind Systems A/S Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 09Vestas Wind Systems A/S' (CPH:VWS) Shares Not Telling The Full Story
Jan 26Should You Think About Buying Vestas Wind Systems A/S (CPH:VWS) Now?
Dec 22CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | €49m |
Jun 30 2024 | n/a | n/a | -€49m |
Mar 31 2024 | n/a | n/a | -€6m |
Dec 31 2023 | €9m | €2m | €77m |
Sep 30 2023 | n/a | n/a | -€612m |
Jun 30 2023 | n/a | n/a | -€788m |
Mar 31 2023 | n/a | n/a | -€792m |
Dec 31 2022 | €5m | €2m | -€2b |
Sep 30 2022 | n/a | n/a | -€1b |
Jun 30 2022 | n/a | n/a | -€764m |
Mar 31 2022 | n/a | n/a | -€563m |
Dec 31 2021 | €4m | €2m | €134m |
Sep 30 2021 | n/a | n/a | €692m |
Jun 30 2021 | n/a | n/a | €861m |
Mar 31 2021 | n/a | n/a | €772m |
Dec 31 2020 | n/a | n/a | €765m |
Sep 30 2020 | n/a | n/a | €485m |
Jun 30 2020 | n/a | n/a | €507m |
Mar 31 2020 | n/a | n/a | €604m |
Dec 31 2019 | n/a | n/a | €704m |
Sep 30 2019 | n/a | n/a | €640m |
Jun 30 2019 | n/a | n/a | €513m |
Mar 31 2019 | n/a | n/a | €607m |
Dec 31 2018 | €147k | n/a | €684m |
Compensation vs Market: Henrik's total compensation ($USD8.86M) is above average for companies of similar size in the Danish market ($USD3.66M).
Compensation vs Earnings: Henrik's compensation has been consistent with company performance over the past year.
CEO
Henrik Andersen (57 yo)
5.3yrs
Tenure
€8,519,892
Compensation
Mr. Henrik Andersen serves as Director of Saxo Bank A/S and Saxo Bank (Switzerland) Ltd. since 2022. He has been Group President and Chief Executive Officer of Vestas Wind Systems A/S since August 1, 2019....
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Group President & CEO | 5.3yrs | €8.52m | 0.023% DKK 23.2m | |
Interim EVP & CFO | less than a year | no data | no data | |
Executive VP & CTO | 4.6yrs | no data | no data | |
VP & Head of Investor Relations | no data | no data | no data | |
Vice President of Communications | no data | no data | no data | |
Group Senior Vice President of Marketing | no data | no data | no data | |
Executive VP of Sales & Chief Sales Officer | 3.4yrs | no data | no data | |
Executive Vice President of People & Culture | less than a year | no data | no data | |
Chief Scientific Advisor | 4.6yrs | no data | no data | |
Senior VP & Country Head | 10.7yrs | no data | no data | |
Executive VP of Service & Chief Service Officer | no data | no data | no data | |
Senior VP and Head of Global Offshore Service & Construction | no data | no data | no data |
4.6yrs
Average Tenure
56yo
Average Age
Experienced Management: VWS's management team is considered experienced (4.6 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Deputy Chair of the Board | 4.7yrs | €239.17k | 0.00081% DKK 802.3k | |
Independent Director | 2.7yrs | €131.08k | 0.00025% DKK 247.6k | |
Employee Representative Director | 19.1yrs | €61.09k | no data | |
Chairman of the Board | 4.7yrs | €323.53k | 0.0050% DKK 5.0m | |
Independent Director | 5.7yrs | €132.95k | 0.0017% DKK 1.7m | |
Independent Director | 5.7yrs | €97.02k | 0.00027% DKK 267.4k | |
Employee Representative Director | 16.7yrs | €61.09k | no data | |
Director | less than a year | no data | no data | |
Employee Representative Director | 2.6yrs | €61.09k | no data | |
Employee Representatives Director | less than a year | no data | no data |
4.7yrs
Average Tenure
56yo
Average Age
Experienced Board: VWS's board of directors are considered experienced (4.7 years average tenure).
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/19 17:54 |
End of Day Share Price | 2024/12/19 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
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 |
| |
Analyst Consensus Estimates | +3 years |
|
|
Market Prices | 30 years |
| |
Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
|
* 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
Vestas Wind Systems A/S is covered by 64 analysts. 24 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 |
---|---|
Lars Heindorff | ABG Sundal Collier |
Scott McCollister | Ardour Capital Investments, LLC |
Flora Mericia Trindade | Banco BPI, S.A. |