Trifork Group Management
Management criteria checks 3/4
Trifork Group's CEO is Jorn Larsen, appointed in Jan 1996, has a tenure of 28.33 years. total yearly compensation is €1.98M, comprised of 38.3% salary and 61.7% bonuses, including company stock and options. directly owns 19.79% of the company’s shares, worth DKK444.70M. The average tenure of the management team and the board of directors is 5.3 years and 3.5 years respectively.
Key information
Jorn Larsen
Chief executive officer
€2.0m
Total compensation
| CEO salary percentage | 38.3% |
| CEO tenure | 28.3yrs |
| CEO ownership | 19.8% |
| Management average tenure | 5.3yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €2m | €759k | €15m |
| Sep 30 2023 | n/a | n/a | €7m |
| Jun 30 2023 | n/a | n/a | €10m |
| Mar 31 2023 | n/a | n/a | €13m |
| Dec 31 2022 | €2m | €662k | €15m |
| Sep 30 2022 | n/a | n/a | €33m |
| Jun 30 2022 | n/a | n/a | €30m |
| Mar 31 2022 | n/a | n/a | €32m |
| Dec 31 2021 | €2m | €668k | €29m |
Compensation vs Market: Jorn's total compensation ($USD2.12M) is above average for companies of similar size in the UK market ($USD1.04M).
Compensation vs Earnings: Jorn's compensation has been consistent with company performance over the past year.
CEO
Jorn Larsen (57 yo)
28.3yrs
Tenure
€1,980,509
Compensation
Mr. Jorn Larsen co-founded Trifork Group AG (formerly known as Trifork Holding AG) in 1996 and serves as its Chief Executive Officer since 2014 and also was its Director since January 8, 2014. Mr. Larsen s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & CEO | 28.3yrs | €1.98m | 19.79% DKK 444.7m | |
| Chief Financial Officer | 17.3yrs | €1.35m | 1.3% DKK 29.3m | |
| Chief Revenue Officer | 1.3yrs | €528.78k | 0.27% DKK 6.1m | |
| Group Investment Director | no data | no data | no data | |
| Head of Investor Relations & CCO | no data | no data | no data | |
| Deputy CEO | 5.3yrs | no data | no data | |
| CCO of Fintech & Head of Press | no data | no data | no data | |
| Chief Executive Officer of Trifork US Inc. | less than a year | no data | no data |
5.3yrs
Average Tenure
52.5yo
Average Age
Experienced Management: TRIFOC's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.1yrs | €43.08k | no data | |
| Independent Director | 3.5yrs | €48.46k | 0.020% DKK 456.2k | |
| Independent Vice Chairman of the Board | 5.3yrs | €138.93k | 0.33% DKK 7.4m | |
| Independent Chairman of the Board | 3.5yrs | €129.23k | 0.022% DKK 485.2k | |
| Director & Board Observer | 1.1yrs | €21.54k | no data | |
| Independent Director | 5.3yrs | €43.08k | 0.016% DKK 351.1k | |
| Director | less than a year | no data | no data |
3.5yrs
Average Tenure
51.5yo
Average Age
Experienced Board: TRIFOC's board of directors are considered experienced (3.5 years average tenure).