SP Group Management

Management criteria checks 4/4

SP Group's CEO is Lars Bering, appointed in May 2020, has a tenure of 4.5 years. total yearly compensation is DKK3.44M, comprised of 69.8% salary and 30.2% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth DKK7.23M. The average tenure of the management team and the board of directors is 4.5 years and 11.6 years respectively.

Key information

Lars Bering

Chief executive officer

DKK 3.4m

Total compensation

CEO salary percentage69.8%
CEO tenure4.5yrs
CEO ownership0.2%
Management average tenure4.5yrs
Board average tenure11.6yrs

Recent management updates

Shareholders May Find It Hard To Justify Increasing SP Group A/S' (CPH:SPG) CEO Compensation For Now

Apr 19
Shareholders May Find It Hard To Justify Increasing SP Group A/S' (CPH:SPG) CEO Compensation For Now

Recent updates

What SP Group A/S' (CPH:SPG) 31% Share Price Gain Is Not Telling You

Sep 04
What SP Group A/S' (CPH:SPG) 31% Share Price Gain Is Not Telling You

SP Group's (CPH:SPG) Returns On Capital Not Reflecting Well On The Business

Aug 24
SP Group's (CPH:SPG) Returns On Capital Not Reflecting Well On The Business

SP Group (CPH:SPG) Takes On Some Risk With Its Use Of Debt

Aug 06
SP Group (CPH:SPG) Takes On Some Risk With Its Use Of Debt

There's Reason For Concern Over SP Group A/S' (CPH:SPG) Massive 25% Price Jump

May 29
There's Reason For Concern Over SP Group A/S' (CPH:SPG) Massive 25% Price Jump

SP Group (CPH:SPG) Has Announced A Dividend Of DKK3.00

Apr 25
SP Group (CPH:SPG) Has Announced A Dividend Of DKK3.00

Shareholders May Find It Hard To Justify Increasing SP Group A/S' (CPH:SPG) CEO Compensation For Now

Apr 19
Shareholders May Find It Hard To Justify Increasing SP Group A/S' (CPH:SPG) CEO Compensation For Now

SP Group's (CPH:SPG) Dividend Will Be DKK3.00

Apr 04
SP Group's (CPH:SPG) Dividend Will Be DKK3.00

What SP Group A/S' (CPH:SPG) P/E Is Not Telling You

Mar 22
What SP Group A/S' (CPH:SPG) P/E Is Not Telling You

SP Group (CPH:SPG) Is Reinvesting At Lower Rates Of Return

May 29
SP Group (CPH:SPG) Is Reinvesting At Lower Rates Of Return

SP Group's (CPH:SPG) Returns Have Hit A Wall

Aug 27
SP Group's (CPH:SPG) Returns Have Hit A Wall

SP Group's (CPH:SPG) Returns Have Hit A Wall

May 10
SP Group's (CPH:SPG) Returns Have Hit A Wall

SP Group (CPH:SPG) Is Paying Out Less In Dividends Than Last Year

Apr 21
SP Group (CPH:SPG) Is Paying Out Less In Dividends Than Last Year

SP Group (CPH:SPG) Has Announced That Its Dividend Will Be Reduced To kr.3.00

Apr 07
SP Group (CPH:SPG) Has Announced That Its Dividend Will Be Reduced To kr.3.00

Estimating The Fair Value Of SP Group A/S (CPH:SPG)

Feb 28
Estimating The Fair Value Of SP Group A/S (CPH:SPG)

SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly

Jan 27
SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly

Do SP Group's (CPH:SPG) Earnings Warrant Your Attention?

Jan 11
Do SP Group's (CPH:SPG) Earnings Warrant Your Attention?

We Think SP Group (CPH:SPG) Can Stay On Top Of Its Debt

Oct 20
We Think SP Group (CPH:SPG) Can Stay On Top Of Its Debt

Here's Why I Think SP Group (CPH:SPG) Is An Interesting Stock

May 29
Here's Why I Think SP Group (CPH:SPG) Is An Interesting Stock

SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly

May 12
SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly

Here's Why SP Group A/S' (CPH:SPG) CEO May Have Their Pay Bumped Up

Apr 20
Here's Why SP Group A/S' (CPH:SPG) CEO May Have Their Pay Bumped Up

SP Group's (CPH:SPG) Returns Have Hit A Wall

Mar 26
SP Group's (CPH:SPG) Returns Have Hit A Wall

Calculating The Intrinsic Value Of SP Group A/S (CPH:SPG)

Mar 08
Calculating The Intrinsic Value Of SP Group A/S (CPH:SPG)

The SP Group (CPH:SPG) Share Price Is Up 428% And Shareholders Are Delighted

Feb 21
The SP Group (CPH:SPG) Share Price Is Up 428% And Shareholders Are Delighted

SP Group A/S' (CPH:SPG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Feb 05
SP Group A/S' (CPH:SPG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

SP Group (CPH:SPG) Has A Pretty Healthy Balance Sheet

Jan 21
SP Group (CPH:SPG) Has A Pretty Healthy Balance Sheet

How Much Of SP Group A/S (CPH:SPG) Do Insiders Own?

Jan 07
How Much Of SP Group A/S (CPH:SPG) Do Insiders Own?

CEO Compensation Analysis

How has Lars Bering's remuneration changed compared to SP Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

DKK 248m

Jun 30 2024n/an/a

DKK 212m

Mar 31 2024n/an/a

DKK 171m

Dec 31 2023DKK 3mDKK 2m

DKK 159m

Sep 30 2023n/an/a

DKK 161m

Jun 30 2023n/an/a

DKK 176m

Mar 31 2023n/an/a

DKK 201m

Dec 31 2022DKK 3mDKK 2m

DKK 213m

Sep 30 2022n/an/a

DKK 212m

Jun 30 2022n/an/a

DKK 223m

Mar 31 2022n/an/a

DKK 215m

Dec 31 2021DKK 3mDKK 2m

DKK 203m

Sep 30 2021n/an/a

DKK 193m

Jun 30 2021n/an/a

DKK 173m

Mar 31 2021n/an/a

DKK 164m

Dec 31 2020DKK 1mDKK 1m

DKK 151m

Compensation vs Market: Lars's total compensation ($USD480.06K) is below average for companies of similar size in the Danish market ($USD767.14K).

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


CEO

Lars Bering (48 yo)

4.5yrs

Tenure

DKK 3,438,000

Compensation

Mr. Lars Ravn Bering is Member of Executive Board at SP Group A/S since May 1, 2020 and is its Chief Executive Officer since September 01, 2024. He was Executive Vice President at SP Group A/S since May 1,...


Leadership Team

NamePositionTenureCompensationOwnership
Lars Bering
CEO & Member of Executive Board4.5yrsDKK 3.44m0.18%
DKK 7.2m
Soren Ulstrup
Executive VP & Member of Executive Board4.5yrsDKK 3.50m1.66%
DKK 65.3m
Tilde Kejlhof
CFO & Member of Executive Board4.5yrsno data0.054%
DKK 2.1m
Anders Hansen
Group Chief Accountantno datano datano data
Susie-Ann Spiegelhauer
Chief Executive Officer of Accoat A/S5.3yrsno datano data
Anna Szymczak
Chief Finance Officer of SP Group's Polish Companies5.3yrsno datano data
Lotte Andersen
ESG Manager3.3yrsno datano data
Markus Oilshin
Chief Executive Officer of Jollmax Coating Oyless than a yearno datano data
Jan Sørensen
Managing Director of SP Group’s Chinese companiesno datano datano data
Claus Lendal
CEO & MD of Ergomat A/S6.8yrsno datano data
Jens Møller
MD & CEO of Kodan Plast s.r.o. - Slovakiano datano datano data
David Bourghardt
Managing Director of Broderna Bourghardt ABno datano datano data

4.5yrs

Average Tenure

53yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Erik Holm
Deputy Chairman 27.8yrsDKK 350.00k0.67%
DKK 26.6m
Bente Overgaard
Independent Director7.6yrsDKK 300.00k0.074%
DKK 2.9m
Hans Schur
Chairman25.8yrsDKK 600.00kno data
Hans-Henrik Eriksen
Independent Director11.6yrsDKK 350.00k0.18%
DKK 7.1m
Marie Lund
Director1.6yrsDKK 200.00kno data

11.6yrs

Average Tenure

64yo

Average Age

Experienced Board: SPG's board of directors are seasoned and experienced ( 11.6 years average tenure).