NKT Management

Management criteria checks 2/4

NKT's CEO is Claes Westerlind, appointed in May 2023, has a tenure of 1.58 years. total yearly compensation is €1.21M, comprised of 39.9% salary and 60.1% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth DKK1.85M. The average tenure of the management team and the board of directors is 3.4 years and 2.8 years respectively.

Key information

Claes Westerlind

Chief executive officer

€1.2m

Total compensation

CEO salary percentage39.9%
CEO tenure1.6yrs
CEO ownership0.007%
Management average tenure3.4yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Claes Westerlind's remuneration changed compared to NKT's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€200m

Jun 30 2024n/an/a

€166m

Mar 31 2024n/an/a

€126m

Dec 31 2023€1m€484k

€108m

Compensation vs Market: Claes's total compensation ($USD1.26M) is below average for companies of similar size in the UK market ($USD3.03M).

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


CEO

Claes Westerlind (42 yo)

1.6yrs

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 & CEO1.6yrs€1.21m0.0066%
DKK 1.8m
Line Fandrup
Executive VP & CFO4.3yrs€1.23m0.0090%
DKK 2.5m
Will Hendrikx
COO & Deputy CEOno datano datano data
Anders Jensen
Executive VP & CTO6.9yrsno 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 Officer3.9yrsno 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 Accessories1.9yrsno datano data
Lukas Sidler
Executive VP & Head of HV Solutions Cologne2.9yrsno datano data

3.4yrs

Average Tenure

50.5yo

Average Age

Experienced Management: 0MGC's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jens Peter Olsen
Chairman of the Board18.9yrs€151.00k0.097%
DKK 27.0m
Rene Svendsen-Tune
Independent Deputy Chairman8.7yrs€131.00k0.012%
DKK 3.5m
Andreas Nauen
Independent Director7.2yrs€109.00kno data
Karla Lindahl
Independent Director4.5yrs€67.00kno data
Nebahat Albayrak
Independent Director2.8yrs€76.00kno data
Pernille Simonsen
Employee Representative Director2.8yrs€50.00kno data
Anne Vedel
Independent Director1.8yrs€51.00kno data
Jean Iversen
Directorless than a yearno datano data
Akos Frank
Directorless than a yearno datano data

2.8yrs

Average Tenure

56yo

Average Age

Experienced Board: 0MGC's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 10:07
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NKT A/S is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Xin WangBarclays
Bastien AgaudBerenberg
Claus Almer NielsenCarnegie Investment Bank AB