Alm. Brand Management

Management criteria checks 4/4

Alm. Brand's CEO is Rasmus Nielsen, appointed in Oct 2019, has a tenure of 4.5 years. total yearly compensation is DKK12.00M, comprised of 81.7% salary and 18.3% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth DKK4.71M. The average tenure of the management team and the board of directors is 4.5 years and 4.9 years respectively.

Key information

Rasmus Nielsen

Chief executive officer

kr.12.0m

Total compensation

CEO salary percentage81.7%
CEO tenure4.5yrs
CEO ownership0.03%
Management average tenure4.5yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

Alm. Brand (CPH:ALMB) Has Affirmed Its Dividend Of DKK0.30

Apr 05
Alm. Brand (CPH:ALMB) Has Affirmed Its Dividend Of DKK0.30

Alm. Brand (CPH:ALMB) Will Pay A Dividend Of DKK0.30

Feb 12
Alm. Brand (CPH:ALMB) Will Pay A Dividend Of DKK0.30

Industry Analysts Just Made A Massive Upgrade To Their Alm. Brand A/S (CPH:ALMB) Revenue Forecasts

Dec 05
Industry Analysts Just Made A Massive Upgrade To Their Alm. Brand A/S (CPH:ALMB) Revenue Forecasts

Update: Alm. Brand (CPH:ALMB) Stock Gained 63% In The Last Year

Mar 16
Update: Alm. Brand (CPH:ALMB) Stock Gained 63% In The Last Year

Something To Consider Before Buying Alm. Brand A/S (CPH:ALMB) For The 5.6% Dividend

Feb 23
Something To Consider Before Buying Alm. Brand A/S (CPH:ALMB) For The 5.6% Dividend

CEO Compensation Analysis

How has Rasmus Nielsen's remuneration changed compared to Alm. Brand's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

kr.587m

Sep 30 2023n/an/a

kr.728m

Jun 30 2023n/an/a

kr.663m

Mar 31 2023n/an/a

kr.231m

Dec 31 2022kr.12mkr.10m

-kr.177m

Sep 30 2022n/an/a

-kr.140m

Jun 30 2022n/an/a

-kr.115m

Mar 31 2022n/an/a

kr.239m

Dec 31 2021kr.11mkr.9m

kr.506m

Sep 30 2021n/an/a

kr.486m

Jun 30 2021n/an/a

kr.568m

Mar 31 2021n/an/a

kr.610m

Dec 31 2020kr.8mkr.7m

kr.561m

Sep 30 2020n/an/a

kr.465m

Jun 30 2020n/an/a

kr.407m

Mar 31 2020n/an/a

kr.322m

Dec 31 2019kr.1mkr.1m

kr.467m

Compensation vs Market: Rasmus's total compensation ($USD1.72M) is about average for companies of similar size in the Danish market ($USD2.11M).

Compensation vs Earnings: Rasmus's compensation has been consistent with company performance over the past year.


CEO

Rasmus Nielsen (54 yo)

4.5yrs

Tenure

kr.11,999,371

Compensation

Mr. Rasmus Werner Nielsen serves as Chairman of the Board for Codan Forsikring A/S since 2022. He serves as Group CEO, EVP of Staff Functions at Alm. Brand A/S since October 1, 2022.He serves as Chief Exe...


Leadership Team

NamePositionTenureCompensationOwnership
Rasmus Nielsen
Group CEO4.5yrskr.12.00m0.026%
DKK 4.7m
Anne Toftegaard
Deputy CEO & Member of Management Board2.3yrskr.2.98mno data
Andreas Madsen
Chief Financial Officer4.5yrsno datano data
Thorsten Larsen
Chief Investment Officerless than a yearno datano data
Mads Thinggaard
Head of Investor Relationsno datano datano data
Tue Christensen
Director & Senior VP of Group Legal7.2yrsno datano data
Kristjan Jorgensen
Chief Press & Communication Officer2.3yrsno datano data
Henrik Gundorph
Senior Vice President of Human Resources2.3yrsno datano data
Peter Flemmer
Senior Vice President of Non-life Insurance - Commercial4.8yrsno datano data
Pia Steffensen
Senior Vice President of Non-life Insurance - Private4.8yrsno datano data
Laury Kristoffersen
Senior Vice President of Digital Development Programmeno datano datano data
Jacques Skovgaard-Sørensen
Senior Vice President of Banking - Financial markets4.8yrsno datano data

4.5yrs

Average Tenure

53yo

Average Age

Experienced Management: ALMB's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Niels Kofoed
Alternate Director2yrsno datano data
Jorgen Mikkelsen
Chairman of the Board29.8yrskr.1.36mno data
Boris Kjeldsen
Director21yrskr.426.67kno data
Jais Valeur
Independent Directorless than a yearno datano data
Anette Eberhard
Independent Director9yrskr.653.33kno data
Jan Pedersen
Deputy Chairman of the Board14yrskr.1.02mno data
Brian Egested
Employee Representative Director10yrskr.383.33kno data
Tina Madsen
Director2.8yrskr.426.67kno data
Pia Laub
Independent Director3.7yrskr.566.67kno data
Claus Jensen
Employee Representative Director6.1yrskr.360.00kno data
Lotte Sorensen
Employee Representative Director3.5yrskr.360.00kno data
Henriette Pedersen
Employee Representative Director2yrskr.244.00kno data

4.9yrs

Average Tenure

59yo

Average Age

Experienced Board: ALMB's board of directors are considered experienced (4.9 years average tenure).


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