SP Group Management
Management criteria checks 4/4
SP Group's CEO is Lars Bering, appointed in May 2020, has a tenure of 4.33 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 DKK7.36M. The average tenure of the management team and the board of directors is 4.3 years and 11.4 years respectively.
Key information
Lars Bering
Chief executive officer
DKK 3.4m
Total compensation
| CEO salary percentage | 69.8% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.3yrs |
| Board average tenure | 11.4yrs |
Recent management updates
Recent updates
What SP Group A/S' (CPH:SPG) 31% Share Price Gain Is Not Telling You
Sep 04
SP Group's (CPH:SPG) Returns On Capital Not Reflecting Well On The Business
Aug 24SP Group (CPH:SPG) Takes On Some Risk With Its Use Of Debt
Aug 06There's Reason For Concern Over SP Group A/S' (CPH:SPG) Massive 25% Price Jump
May 29SP Group (CPH:SPG) Has Announced A Dividend Of DKK3.00
Apr 25Shareholders May Find It Hard To Justify Increasing SP Group A/S' (CPH:SPG) CEO Compensation For Now
Apr 19SP Group's (CPH:SPG) Dividend Will Be DKK3.00
Apr 04What SP Group A/S' (CPH:SPG) P/E Is Not Telling You
Mar 22SP Group (CPH:SPG) Is Reinvesting At Lower Rates Of Return
May 29SP Group's (CPH:SPG) Returns Have Hit A Wall
Aug 27SP Group's (CPH:SPG) Returns Have Hit A Wall
May 10SP Group (CPH:SPG) Is Paying Out Less In Dividends Than Last Year
Apr 21SP Group (CPH:SPG) Has Announced That Its Dividend Will Be Reduced To kr.3.00
Apr 07Estimating The Fair Value Of SP Group A/S (CPH:SPG)
Feb 28SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly
Jan 27Do SP Group's (CPH:SPG) Earnings Warrant Your Attention?
Jan 11We Think SP Group (CPH:SPG) Can Stay On Top Of Its Debt
Oct 20Here's Why I Think SP Group (CPH:SPG) Is An Interesting Stock
May 29SP Group (CPH:SPG) Seems To Use Debt Quite Sensibly
May 12Here's Why SP Group A/S' (CPH:SPG) CEO May Have Their Pay Bumped Up
Apr 20SP Group's (CPH:SPG) Returns Have Hit A Wall
Mar 26Calculating The Intrinsic Value Of SP Group A/S (CPH:SPG)
Mar 08The SP Group (CPH:SPG) Share Price Is Up 428% And Shareholders Are Delighted
Feb 21
SP Group A/S' (CPH:SPG) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 05SP Group (CPH:SPG) Has A Pretty Healthy Balance Sheet
Jan 21How Much Of SP Group A/S (CPH:SPG) Do Insiders Own?
Jan 07Here's Why We Don't Think SP Group's (CPH:SPG) Statutory Earnings Reflect Its Underlying Earnings Potential
Dec 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | DKK 212m |
| Mar 31 2024 | n/a | n/a | DKK 171m |
| Dec 31 2023 | DKK 3m | DKK 2m | DKK 159m |
| Sep 30 2023 | n/a | n/a | DKK 161m |
| Jun 30 2023 | n/a | n/a | DKK 176m |
| Mar 31 2023 | n/a | n/a | DKK 201m |
| Dec 31 2022 | DKK 3m | DKK 2m | DKK 213m |
| Sep 30 2022 | n/a | n/a | DKK 212m |
| Jun 30 2022 | n/a | n/a | DKK 223m |
| Mar 31 2022 | n/a | n/a | DKK 215m |
| Dec 31 2021 | DKK 3m | DKK 2m | DKK 203m |
| Sep 30 2021 | n/a | n/a | DKK 193m |
| Jun 30 2021 | n/a | n/a | DKK 173m |
| Mar 31 2021 | n/a | n/a | DKK 164m |
| Dec 31 2020 | DKK 1m | DKK 1m | DKK 151m |
Compensation vs Market: Lars's total compensation ($USD512.92K) is below average for companies of similar size in the Danish market ($USD1.78M).
Compensation vs Earnings: Lars's compensation has been consistent with company performance over the past year.
CEO
Lars Bering (48 yo)
4.3yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Member of Executive Board | 4.3yrs | DKK 3.44m | 0.18% DKK 7.2m | |
| Executive VP & Member of Executive Board | 4.3yrs | DKK 3.50m | 1.65% DKK 65.1m | |
| CFO & Member of Executive Board | 4.3yrs | no data | 0.054% DKK 2.1m | |
| Group Chief Accountant | no data | no data | no data | |
| Chief Executive Officer of Accoat A/S | 5.2yrs | no data | no data | |
| Chief Finance Officer of SP Group's Polish Companies | 5.1yrs | no data | no data | |
| ESG Manager | 3.1yrs | no data | no data | |
| Chief Executive Officer of Jollmax Coating Oy | less than a year | no data | no data | |
| Managing Director of SP Group’s Chinese companies | no data | no data | no data | |
| CEO & MD of Ergomat A/S | 6.7yrs | no data | no data | |
| MD & CEO of Kodan Plast s.r.o. - Slovakia | no data | no data | no data | |
| Managing Director of Broderna Bourghardt AB | no data | no data | no data |
4.3yrs
Average Tenure
53yo
Average Age
Experienced Management: SPG's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Deputy Chairman | 27.7yrs | DKK 350.00k | 0.67% DKK 26.5m | |
| Independent Director | 7.4yrs | DKK 300.00k | 0.074% DKK 2.9m | |
| Chairman | 25.7yrs | DKK 600.00k | no data | |
| Independent Director | 11.4yrs | DKK 350.00k | 0.18% DKK 7.1m | |
| Director | 1.4yrs | DKK 200.00k | no data |
11.4yrs
Average Tenure
64yo
Average Age
Experienced Board: SPG's board of directors are seasoned and experienced ( 11.4 years average tenure).