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 percentage | 67.9% |
CEO tenure | 1.5yrs |
CEO ownership | 0.02% |
Management average tenure | 1.4yrs |
Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | SEK 611m |
Jun 30 2024 | n/a | n/a | SEK 702m |
Mar 31 2024 | n/a | n/a | SEK 158m |
Dec 31 2023 | SEK 5m | SEK 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President & CEO | 1.5yrs | SEK 4.64m | 0.016% SEK 4.1m | |
Chief Financial Officer | 1.4yrs | no data | 0.0016% SEK 416.1k | |
Head of Investor Relations & Director Investor Relations | no data | no data | no data | |
Executive Vice President of Legal & Strategic Projects | no data | no data | 0.0072% SEK 1.8m | |
Executive Vice President of Human Resources & Communications | 8yrs | no data | 0.0084% SEK 2.1m | |
Head of Press | no data | no data | no data | |
President of Europe | 1.4yrs | no data | 0.011% SEK 2.8m | |
Executive Vice President of Sustainability & Public Affairs | 1.4yrs | no data | 0.0013% SEK 322.8k | |
Head of Media Relations | less than a year | no data | no data | |
President of Billerud North America | less than a year | no data | no 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Director | 2.7yrs | SEK 580.00k | 0.0048% SEK 1.2m | |
Independent Director | less than a year | no data | no data | |
Independent Chairman of the Board | 4.7yrs | SEK 1.75m | 0.012% SEK 3.1m | |
Director | 2.7yrs | SEK 680.00k | 0.00080% SEK 201.7k | |
Independent Director | 7.7yrs | SEK 605.00k | 0.0016% SEK 408.5k | |
Independent Director | 1.7yrs | SEK 680.00k | no data | |
Employee Representative Director | 8yrs | no data | no data | |
Deputy Director | 8yrs | no data | no data | |
Employee Representative Director | 4yrs | no data | no data | |
Deputy Director | 3yrs | no data | 0.000050% 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
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2025/01/01 18:00 |
End of Day Share Price | 2024/12/30 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
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.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* 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.
Analyst | Institution |
---|---|
Martin Melbye | ABG Sundal Collier |
Patrick Langstrom | ABG Sundal Collier Sponsored |
Justin Jordan | BNP Paribas Exane |