Carlsberg Management
Management criteria checks 3/4
Carlsberg's CEO is Cees ´t Hart, appointed in Jun 2015, has a tenure of 8.25 years. total yearly compensation is DKK44.60M, comprised of 29.4% salary and 70.6% bonuses, including company stock and options. directly owns 0.039% of the company’s shares, worth DKK53.22M. The average tenure of the management team and the board of directors is 4.3 years and 4.5 years respectively.
Key information
Cees ´t Hart
Chief executive officer
kr.44.6m
Total compensation
| CEO salary percentage | 29.4% |
| CEO tenure | 8.3yrs |
| CEO ownership | 0.04% |
| Management average tenure | 4.3yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Most Shareholders Will Probably Agree With Carlsberg A/S' (CPH:CARL B) CEO Compensation
Mar 07
Shareholders Will Most Likely Find Carlsberg A/S' (CPH:CARL B) CEO Compensation Acceptable
Mar 07Recent updates
Is Carlsberg (CPH:CARL B) Using Too Much Debt?
Sep 11Returns On Capital Are Showing Encouraging Signs At Carlsberg (CPH:CARL B)
Aug 21Is There An Opportunity With Carlsberg A/S' (CPH:CARL B) 36% Undervaluation?
Jul 16Carlsberg (CPH:CARL B) Seems To Use Debt Quite Sensibly
May 22Is Carlsberg A/S (CPH:CARL B) Trading At A 26% Discount?
Apr 05Most Shareholders Will Probably Agree With Carlsberg A/S' (CPH:CARL B) CEO Compensation
Mar 07Carlsberg's (CPH:CARL B) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 12Carlsberg's (CPH:CARL B) Returns On Capital Are Heading Higher
Jan 13Here's Why Carlsberg (CPH:CARL B) Can Manage Its Debt Responsibly
Dec 15An Intrinsic Calculation For Carlsberg A/S (CPH:CARL B) Suggests It's 49% Undervalued
Nov 17Returns At Carlsberg (CPH:CARL B) Are On The Way Up
Oct 14These 4 Measures Indicate That Carlsberg (CPH:CARL B) Is Using Debt Reasonably Well
Aug 21Is There An Opportunity With Carlsberg A/S' (CPH:CARL B) 48% Undervaluation?
Jul 16Returns At Carlsberg (CPH:CARL B) Are On The Way Up
Jun 28Shareholders Will Most Likely Find Carlsberg A/S' (CPH:CARL B) CEO Compensation Acceptable
Mar 07Carlsberg (CPH:CARL B) Has Announced That It Will Be Increasing Its Dividend To kr.24.00
Feb 22Carlsberg's (CPH:CARL B) Upcoming Dividend Will Be Larger Than Last Year's
Feb 07Are Investors Undervaluing Carlsberg A/S (CPH:CARL B) By 41%?
Jan 21Carlsberg (CPH:CARL B) Is Looking To Continue Growing Its Returns On Capital
Dec 17Carlsberg (CPH:CARL B) Has A Pretty Healthy Balance Sheet
Dec 02Carlsberg A/S (CPH:CARL B) Shares Could Be 42% Below Their Intrinsic Value Estimate
Oct 17Carlsberg (CPH:CARL B) Is Doing The Right Things To Multiply Its Share Price
Sep 18Here's Why Carlsberg (CPH:CARL B) Can Manage Its Debt Responsibly
Sep 02Returns Are Gaining Momentum At Carlsberg (CPH:CARL B)
Jun 16Why Carlsberg A/S (CPH:CARL B) Is A Top Dividend Stock
May 01Carlsberg A/S (CPH:CARL B) Shares Could Be 46% Below Their Intrinsic Value Estimate
Apr 04Here's Why Carlsberg (CPH:CARL B) Can Manage Its Debt Responsibly
Mar 21We Think Some Shareholders May Hesitate To Increase Carlsberg A/S' (CPH:CARL B) CEO Compensation
Mar 08Are Robust Financials Driving The Recent Rally In Carlsberg A/S' (CPH:CARL B) Stock?
Mar 01Key Things To Understand About Carlsberg's (CPH:CARL B) CEO Pay Cheque
Feb 16
Carlsberg (CPH:CARL B) Shareholders Booked A 62% Gain In The Last Five Years
Feb 03Will the Promising Trends At Carlsberg (CPH:CARL B) Continue?
Jan 19What You Need To Know About Carlsberg A/S' (CPH:CARL B) Investor Composition
Jan 04Does Carlsberg A/S (CPH:CARL B) Have A Place In Your Dividend Portfolio?
Dec 21We Think Carlsberg (CPH:CARL B) Can Stay On Top Of Its Debt
Dec 07An Intrinsic Calculation For Carlsberg A/S (CPH:CARL B) Suggests It's 30% Undervalued
Nov 25CEO Compensation Analysis
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | kr.8b |
| Mar 31 2023 | n/a | n/a | kr.7b |
| Dec 31 2022 | kr.45m | kr.13m | kr.7b |
| Sep 30 2022 | n/a | n/a | kr.7b |
| Jun 30 2022 | n/a | n/a | kr.8b |
| Mar 31 2022 | n/a | n/a | kr.7b |
| Dec 31 2021 | kr.47m | kr.13m | kr.7b |
| Sep 30 2021 | n/a | n/a | kr.7b |
| Jun 30 2021 | n/a | n/a | kr.6b |
| Mar 31 2021 | n/a | n/a | kr.6b |
| Dec 31 2020 | kr.40m | kr.13m | kr.6b |
| Sep 30 2020 | n/a | n/a | kr.6b |
| Jun 30 2020 | n/a | n/a | kr.6b |
| Mar 31 2020 | n/a | n/a | kr.6b |
| Dec 31 2019 | kr.45m | kr.13m | kr.7b |
| Sep 30 2019 | n/a | n/a | kr.6b |
| Jun 30 2019 | n/a | n/a | kr.6b |
| Mar 31 2019 | n/a | n/a | kr.6b |
| Dec 31 2018 | kr.53m | kr.12m | kr.5b |
| Sep 30 2018 | n/a | n/a | kr.3b |
| Jun 30 2018 | n/a | n/a | kr.1b |
| Mar 31 2018 | n/a | n/a | kr.1b |
| Dec 31 2017 | kr.43m | kr.12m | kr.1b |
| Sep 30 2017 | n/a | n/a | kr.3b |
| Jun 30 2017 | n/a | n/a | kr.5b |
| Mar 31 2017 | n/a | n/a | kr.5b |
| Dec 31 2016 | kr.36m | kr.12m | kr.4b |
Compensation vs Market: Cees's total compensation ($USD6.38M) is above average for companies of similar size in the Danish market ($USD3.62M).
Compensation vs Earnings: Cees's compensation has been consistent with company performance over the past year.
CEO
Cees ´t Hart (65 yo)
8.3yrs
Tenure
kr.44,600,000
Compensation
Mr. Cees C. ´t Hart serves as Director at Mondelez International, Inc. since July 20, 2023. He has been a Director at Air France-KLM SA since May 28, 2019. He serves as Member of Supervisory Board at Rands...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Member of Executive Board | 8.3yrs | kr.44.60m | 0.039% DKK 53.2m | |
| CFO & Member of Executive Board | less than a year | no data | no data | |
| Chief Information Officer | no data | no data | no data | |
| Vice President of Investor Relations | 14.7yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 2.7yrs | no data | no data | |
| Executive Vice President of Central & Eastern Europe | 4.3yrs | no data | no data | |
| Executive Vice President of Western Europe | 7.7yrs | no data | no data | |
| Executive VP of Group Strategy & Digital and Acting Executive VP of Group Commercial | 3.7yrs | no data | no data | |
| Executive Vice President - Asia | 4.7yrs | no data | no data | |
| Executive Vice President of Supply Chain | 2.7yrs | no data | no data | |
| CFO of Western Europe and DE&I Council Chair | no data | no data | no data | |
| Managing Director of Greece | no data | no data | no data |
4.3yrs
Average Tenure
52yo
Average Age
Experienced Management: CARL B's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Executive Non Independent Member of the Supervisory Board | 14.7yrs | kr.990.00k | 0.0015% DKK 2.1m | |
| Non-Executive Independent Member of the Supervisory Board | 4.5yrs | kr.940.18k | 0.00026% DKK 356.5k | |
| Non-Executive Non-Independent Deputy Chairman of Supervisory Board | 4.5yrs | kr.750.00k | 0.00011% DKK 150.8k | |
| Employee Representative Member of Supervisory Board | 9.7yrs | kr.440.00k | 0.000050% DKK 68.6k | |
| Non-Executive Independent Member of Supervisory Board | 1.5yrs | kr.480.00k | no data | |
| Non-Executive Independent Chairman of the Supervisory Board | 2.5yrs | kr.1.81m | 0.0022% DKK 3.1m | |
| Non-Executive Independent Member of Supervisory Board | 5.5yrs | kr.770.00k | 0.00022% DKK 301.7k | |
| Non-Executive Independent Member of Supervisory Board | 1.5yrs | kr.480.00k | no data | |
| Non-Executive Non-Independent Member of Supervisory Board | 11.5yrs | kr.610.00k | 0.00048% DKK 658.2k | |
| Employee Representative Member of Supervisory Board | 7.9yrs | kr.440.00k | 0.000040% DKK 54.9k | |
| Employee Representative Member of Supervisory Board | 1.5yrs | kr.350.00k | no data | |
| Employee Representative Member of Supervisory Board | 1.5yrs | kr.350.00k | no data |
4.5yrs
Average Tenure
60yo
Average Age
Experienced Board: CARL B's board of directors are considered experienced (4.5 years average tenure).