Billerud Management

Management criteria checks 2/4

Billerud's CEO is Ivar Vatne, appointed in Jul 2023, has a tenure of 1.5 years. total yearly compensation is SEK4.64M, comprised of 67.9% salary and 32.1% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth SEK4.11M. The average tenure of the management team and the board of directors is 1.4 years and 3.5 years respectively.

Key information

Ivar Vatne

Chief executive officer

SEK 4.6m

Total compensation

CEO salary percentage67.9%
CEO tenure1.5yrs
CEO ownership0.02%
Management average tenure1.4yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ivar Vatne's remuneration changed compared to Billerud's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 611m

Jun 30 2024n/an/a

SEK 702m

Mar 31 2024n/an/a

SEK 158m

Dec 31 2023SEK 5mSEK 3m

SEK 484m

Compensation vs Market: Ivar's total compensation ($USD418.90K) is below average for companies of similar size in the UK market ($USD2.41M).

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


CEO

Ivar Vatne (46 yo)

1.5yrs

Tenure

SEK 4,636,000

Compensation

Mr. Ivar Vatne was Executive Vice President at Billerud AB (publ) (Billerud Aktiebolag (formerly known as BillerudKorsns AB (publ))) since May 2019 until August 2023 and served as its Deputy Chief Executiv...


Leadership Team

NamePositionTenureCompensationOwnership
Ivar Vatne
President & CEO1.5yrsSEK 4.64m0.016%
SEK 4.1m
Andrei Kres
Chief Financial Officer1.4yrsno data0.0016%
SEK 416.1k
Lena Schattauer
Head of Investor Relations & Director Investor Relationsno datano datano data
Andreas Mattsson
Executive Vice President of Legal & Strategic Projectsno datano data0.0072%
SEK 1.8m
Paulina Ekvall
Executive Vice President of Human Resources & Communications8yrsno data0.0084%
SEK 2.1m
Louise Bjarke
Head of Pressno datano datano data
Matthew Hirst
President of Europe1.4yrsno data0.011%
SEK 2.8m
Ulrika Wedberg
Executive Vice President of Sustainability & Public Affairs1.4yrsno data0.0013%
SEK 322.8k
Robert Pletzin
Head of Media Relationsless than a yearno datano data
Doug Schwartz
President of Billerud North Americaless than a yearno datano data

1.4yrs

Average Tenure

47yo

Average Age

Experienced Management: 0GWS's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Magnus Nicolin
Independent Director2.7yrsSEK 580.00k0.0048%
SEK 1.2m
Andreas Blaschke
Independent Directorless than a yearno datano data
Jan Svensson
Independent Chairman of the Board4.7yrsSEK 1.75m0.012%
SEK 3.1m
Florian Heiserer
Director2.7yrsSEK 680.00k0.00080%
SEK 201.7k
Victoria Van Camp
Independent Director7.7yrsSEK 605.00k0.0016%
SEK 408.5k
Regi Aalstad
Independent Director1.7yrsSEK 680.00kno data
Nicklas Johansson
Employee Representative Director8yrsno datano data
Bo Knoos
Deputy Director8yrsno datano data
Per Bertilsson
Employee Representative Director4yrsno datano data
Magnus Axelsson
Deputy Director3yrsno data0.000050%
SEK 12.6k

3.5yrs

Average Tenure

60yo

Average Age

Experienced Board: 0GWS's board of directors are considered experienced (3.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/01 18:00
End of Day Share Price 2024/12/30 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

Billerud AB (publ) is covered by 16 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Martin MelbyeABG Sundal Collier
Patrick LangstromABG Sundal Collier Sponsored
Justin JordanBNP Paribas Exane