Vestas Wind Systems Management
Management criteria checks 3/4
Vestas Wind Systems' CEO is Henrik Andersen, appointed in Aug 2019, has a tenure of 5.25 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 DKK23.70M. The average tenure of the management team and the board of directors is 4.5 years and 4.6 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 | 4.5yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Vestas Wind Systems (CPH:VWS)
Nov 12
Vestas 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 22Vestas Wind Systems A/S (CPH:VWS) Shares Could Be 47% Below Their Intrinsic Value Estimate
Nov 26Is Vestas Wind Systems (CPH:VWS) Using Too Much Debt?
Oct 30Is Vestas Wind Systems (CPH:VWS) A Risky Investment?
Jul 31Is There Now An Opportunity In Vestas Wind Systems A/S (CPH:VWS)?
Jun 08Is There An Opportunity With Vestas Wind Systems A/S' (CPH:VWS) 37% Undervaluation?
May 14Vestas Wind Systems (CPH:VWS) Has Debt But No Earnings; Should You Worry?
Apr 13Is Vestas Wind Systems A/S (CPH:VWS) Potentially Undervalued?
Jan 23Vestas Wind Systems (CPH:VWS) Is Carrying A Fair Bit Of Debt
Dec 27Calculating The Fair Value Of Vestas Wind Systems A/S (CPH:VWS)
Nov 30At kr.142, Is Vestas Wind Systems A/S (CPH:VWS) Worth Looking At Closely?
Oct 21Vestas Wind Systems (CPH:VWS) Is Reinvesting At Lower Rates Of Return
Sep 08These 4 Measures Indicate That Vestas Wind Systems (CPH:VWS) Is Using Debt Extensively
Jul 23Vestas Wind Systems (CPH:VWS) May Have Issues Allocating Its Capital
Jun 10Why Vestas Wind Systems A/S (CPH:VWS) Could Be Worth Watching
May 06CEO 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 ($USD8.97M) is above average for companies of similar size in the Danish market ($USD3.68M).
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 23.7m | |
| Executive VP & CFO | 2.7yrs | €2.42m | no data | |
| Executive VP & CTO | 4.5yrs | 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 | 3.3yrs | no data | no data | |
| Executive Vice President of People & Culture | less than a year | no data | no data | |
| Chief Scientific Advisor | 4.5yrs | no data | no data | |
| Senior VP & Country Head | 10.6yrs | 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 |
4.5yrs
Average Tenure
55yo
Average Age
Experienced Management: VWS's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Deputy Chair of the Board | 4.6yrs | €239.17k | 0.00081% DKK 819.8k | |
| Independent Director | 2.6yrs | €131.08k | 0.00025% DKK 253.0k | |
| Employee Representative Director | 19yrs | €61.09k | no data | |
| Chairman of the Board | 4.6yrs | €323.53k | 0.0050% DKK 5.1m | |
| Independent Director | 5.6yrs | €132.95k | 0.0017% DKK 1.7m | |
| Independent Director | 5.6yrs | €97.02k | 0.00027% DKK 273.3k | |
| Employee Representative Director | 16.6yrs | €61.09k | no data | |
| Director | less than a year | no data | no data | |
| Employee Representative Director | 2.5yrs | €61.09k | no data | |
| Employee Representatives Director | less than a year | no data | no data |
4.6yrs
Average Tenure
56yo
Average Age
Experienced Board: VWS's board of directors are considered experienced (4.6 years average tenure).