Carlsberg A/S

BATS-CHIXE:CARLAC Stock Report

Market Cap: DKK 141.8b

Carlsberg Management

Management criteria checks 3/4

Carlsberg's CEO is Cees ´t Hart, appointed in Jun 2015, has a tenure of 7.58 years. total yearly compensation is DKK46.60M, comprised of 27.7% salary and 72.3% bonuses, including company stock and options. directly owns 0.02% of the company’s shares, worth DKK29.02M. The average tenure of the management team and the board of directors is 3.7 years and 6 years respectively.

Key information

Cees ´t Hart

Chief executive officer

DKK 46.6m

Total compensation

CEO salary percentage27.7%
CEO tenure7.6yrs
CEO ownership0.02%
Management average tenure3.7yrs
Board average tenure6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Cees ´t Hart's remuneration changed compared to Carlsberg's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2022n/an/a

DKK 7b

Mar 31 2022n/an/a

DKK 7b

Dec 31 2021DKK 47mDKK 13m

DKK 7b

Sep 30 2021n/an/a

DKK 6b

Jun 30 2021n/an/a

DKK 6b

Mar 31 2021n/an/a

DKK 6b

Dec 31 2020DKK 40mDKK 13m

DKK 6b

Sep 30 2020n/an/a

DKK 6b

Jun 30 2020n/an/a

DKK 6b

Mar 31 2020n/an/a

DKK 6b

Dec 31 2019DKK 45mDKK 13m

DKK 7b

Sep 30 2019n/an/a

DKK 6b

Jun 30 2019n/an/a

DKK 6b

Mar 31 2019n/an/a

DKK 6b

Dec 31 2018DKK 53mDKK 12m

DKK 5b

Sep 30 2018n/an/a

DKK 3b

Jun 30 2018n/an/a

DKK 1b

Mar 31 2018n/an/a

DKK 1b

Dec 31 2017DKK 43mDKK 12m

DKK 1b

Sep 30 2017n/an/a

DKK 3b

Jun 30 2017n/an/a

DKK 5b

Mar 31 2017n/an/a

DKK 5b

Dec 31 2016DKK 36mDKK 12m

DKK 4b

Compensation vs Market: Cees's total compensation ($USD6.81M) is above average for companies of similar size in the UK market ($USD5.14M).

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

CEO

Cees ´t Hart (64 yo)

7.6yrs

Tenure

DKK 46,600,000

Compensation

Mr. Cees C. 't Hart has been the Chief Executive Officer and President of Carlsberg A/S since February 2015. Mr. 't Hart serves as Chief Executive Officer of Carlsberg Breweries A/S since February 2015 an...

Leadership Team

NamePositionTenureCompensationOwnership
Cees ´t Hart
CEO, President & Member of Executive Board7.6yrsDKK 46.60m0.020%
DKK 29.0m
Ulrica Fearn
CFO & Member of Executive Boardno datano datano data
Peter Kondrup
Vice President of Investor Relations14yrsno datano data
Joris Huijsmans
Executive VP & Chief Human Resources Officer2yrsno datano data
Lars Lehmann
Executive Vice President of Central & Eastern Europe3.7yrsno datano data
Graham Fewkes
Executive Vice President of Western Europe7yrsno datano data
Søren Brinck
Executive VP of Group Strategy & Digital and Acting Chief Commercial Officer3yrsno datano data
Joao Abecasis
Executive Vice President - Asia4yrsno datano data
Victor Shevtsov
Executive Vice President of Supply Chain2yrsno datano data

3.7yrs

Average Tenure

51yo

Average Age

Experienced Management: CARLAC's management team is considered experienced (3.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Richard George Burrows
Non-Executive Non Independent Member of the Supervisory Board14yrsDKK 930.00k0.0015%
DKK 2.1m
Lilian Biner
Non-Executive Independent Member of the Supervisory Board3.8yrsDKK 880.00k0.00018%
DKK 255.2k
Majken Schultz
Non-Executive Non-Independent Deputy Chairman of Supervisory Board3.8yrsDKK 410.00kno data
Eva Decker
Employee Representative Member of Supervisory Board9yrsDKK 410.00k0.000050%
DKK 70.9k
Hans Andersen
Employee Representative Member of Supervisory Board25yrsDKK 410.00k0%
DKK 0
Punita Lal
Non-Executive Independent Member of Supervisory Boardless than a yearno datano data
Henrik Poulsen
Non-Executive Independent Chairman of the Supervisory Board1.8yrsDKK 860.00k0.0022%
DKK 3.2m
Magdi Batato
Non-Executive Independent Member of Supervisory Board4.8yrsDKK 730.00k0.00015%
DKK 212.7k
Esko Aro
Non-Executive Independent Member of Supervisory Boardless than a yearno datano data
Soren-Peter Olesen
Non-Executive Non-Independent Member of Supervisory Board10.8yrsDKK 570.00k0.00048%
DKK 680.6k
Carl Bache
Non-Executive Non-Independent Member of Supervisory Board9yrsDKK 570.00kno data
Erik Lund
Employee Representative Member of Supervisory Board7.3yrsDKK 410.00k0.000040%
DKK 56.7k

6.0yrs

Average Tenure

61.5yo

Average Age

Experienced Board: CARLAC's board of directors are considered experienced (6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/01/24 13:54
End of Day Share Price 2022/10/27 00:00
Earnings2022/06/30
Annual Earnings2021/12/31

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

Carlsberg A/S is covered by 56 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Anthony BucaloBanco Santander
Alexandra OldroydBarclays