NKT Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Claes Westerlind

Chief executive officer

€1.2m

Total compensation

CEO salary percentage39.9%
CEO tenureless than a year
CEO ownershipn/a
Management average tenure2.8yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Claes Westerlind's remuneration changed compared to NKT's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023€1m€484k

€108m

Compensation vs Market: Claes's total compensation ($USD1.30M) is below average for companies of similar size in the UK market ($USD2.58M).

Compensation vs Earnings: Insufficient data to compare Claes's compensation with company performance.


CEO

Claes Westerlind (41 yo)

less than a year

Tenure

€1,213,300

Compensation

Mr. Claes Westerlind served as Executive Vice President and Head of HV Solutions Karlskrona at NKT A/S until May 09, 2023 and serves as its President & Chief Executive Officer since May 09, 2023. Mr. Weste...


Leadership Team

NamePositionTenureCompensationOwnership
Claes Westerlind
President & CEOless than a year€1.21mno data
Line Fandrup
Executive VP & CFO3.7yrs€1.23m0.015%
€ 4.8m
Will Hendrikx
COO & Deputy CEOno datano datano data
Anders Jensen
Executive VP & CTO6.3yrsno datano data
Michael Nielsen
Head of Investor Relationsno datano datano data
Mark Nielsen
Chief Legal Officerno datano datano data
Louise Naldal
Head of Group Communicationsno datano datano data
Kira Johnson
Executive VP & Chief HR Officer3.3yrsno datano data
Michael Hjorth
Chief Commercial Officerno datano datano data
Axel Widmark
Executive VP & Head of Serviceno datano datano data
Denis Schuler
Executive VP & Head of Accessories1.3yrsno datano data
Lukas Sidler
Executive VP & Head of HV Solutions Cologne2.3yrsno datano data

2.8yrs

Average Tenure

49.5yo

Average Age

Experienced Management: 0MGC's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jens Peter Olsen
Chairman of the Board18.3yrs€151.00k0.097%
€ 30.5m
Rene Svendsen-Tune
Independent Deputy Chairman8yrs€131.00k0.012%
€ 3.9m
Andreas Nauen
Independent Director6.5yrs€109.00kno data
Karla Lindahl
Independent Director3.8yrs€67.00kno data
Stig Knudsen
Employee Representative Director6.3yrs€50.00k0.00023%
€ 72.5k
Nebahat Albayrak
Independent Director2.1yrs€76.00kno data
Pernille Simonsen
Employee Representative Director2.1yrs€50.00kno data
Christian Dyhr
Employee Representative Director2.1yrs€50.00kno data
Anne Vedel
Independent Director1.1yrs€51.00kno data

3.8yrs

Average Tenure

54yo

Average Age

Experienced Board: 0MGC's board of directors are considered experienced (3.8 years average tenure).


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