Danske Bank Management

Management criteria checks 3/4

Danske Bank's CEO is Carsten Egeriis, appointed in Aug 2017, has a tenure of 5.83 years. total yearly compensation is DKK16.92M, comprised of 73.1% salary and 26.9% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth MX$9.82M. The average tenure of the management team and the board of directors is 3.2 years and 5.9 years respectively.

Key information

Carsten Egeriis

Chief executive officer

DKK 16.9m

Total compensation

CEO salary percentage	73.1%
CEO tenure	5.8yrs
CEO ownership	0.003%
Management average tenure	3.2yrs
Board average tenure	5.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Carsten Egeriis's remuneration changed compared to Danske Bank's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2023	n/a	n/a	-DKK 3b
Dec 31 2022	n/a	n/a	-DKK 5b
Sep 30 2022	n/a	n/a	-DKK 6b
Jun 30 2022	n/a	n/a	DKK 11b
Mar 31 2022	n/a	n/a	DKK 12b
Dec 31 2021	DKK 17m	DKK 12m	DKK 12b
Sep 30 2021	n/a	n/a	DKK 10b
Jun 30 2021	n/a	n/a	DKK 9b
Mar 31 2021	n/a	n/a	DKK 9b
Dec 31 2020	DKK 12m	DKK 10m	DKK 4b
Sep 30 2020	n/a	n/a	DKK 8b
Jun 30 2020	n/a	n/a	DKK 8b
Mar 31 2020	n/a	n/a	DKK 10b
Dec 31 2019	DKK 10m	DKK 8m	DKK 14b
Sep 30 2019	n/a	n/a	DKK 13b
Jun 30 2019	n/a	n/a	DKK 12b
Mar 31 2019	n/a	n/a	DKK 13b
Dec 31 2018	DKK 8m	DKK 8m	DKK 14b
Sep 30 2018	n/a	n/a	DKK 16b
Jun 30 2018	n/a	n/a	DKK 19b
Mar 31 2018	n/a	n/a	DKK 19b
Dec 31 2017	DKK 14m	DKK 3m	DKK 20b

Compensation vs Market: Carsten's total compensation ($USD2.44M) is below average for companies of similar size in the MX market ($USD5.70M).

Compensation vs Earnings: Carsten's compensation has increased whilst the company is unprofitable.

CEO

Carsten Egeriis (47 yo)

5.8yrs

Tenure

DKK 16,920,000

Compensation

Mr. Carsten Rasch Egeriis had been Chairman of Realkredit Danmark A/S since June 9, 2020 until July 21 2021. Mr. Egeriis served as Deputy Chairman of Realkredit Danmark A/S since July 15, 2019 until June 9...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Carsten Egeriis	CEO & Member of Executive Leadership Team	5.8yrs	DKK 16.92m	0.0029% DKK 9.8m
Stephan Engels	CFO & Member of Executive Leadership Team	3.2yrs	DKK 12.57m	0.0027% DKK 9.2m
Berit Behring	Head of Large Corporates & Institutions and Member of Executive Leadership Team	3.8yrs	DKK 11.28m	0.0023% DKK 8.0m
Frans Woelders	COO & Member of the Executive Leadership Team	3.3yrs	DKK 11.25m	0.00058% DKK 2.0m
Karsten Breum	Chief People Officer & Member of the Executive Leadership Team	3.3yrs	DKK 9.63m	0.0072% DKK 24.9m
Magnus Agustsson	Chief Risk Officer & Member of the Executive Leadership Team	1.6yrs	DKK 3.59m	no data
Johanna Norberg	Head of Business Customers	1.1yrs	no data	0.0019% DKK 6.5m
Christian Bornfeld	Head of Personal Cus.	no data	no data	0.00093% DKK 3.2m
Dorthe Tolborg	Chief Compliance Officer & Member of Executive Leadership Team	no data	no data	no data
Mikael Deigaard	Global Chief Investment Officer	3.3yrs	no data	no data
Atilla Olesen	Head of Investment Banking & Securities	2.3yrs	no data	no data
Michel Drie	Head of Technology	1.4yrs	no data	no data

3.2yrs

Average Tenure

51.5yo

Average Age

Experienced Management: DANSKE N's management team is considered experienced (3.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Martin Blessing	Independent Chairman of the Board	3yrs	DKK 1.05m	0.0021% DKK 7.2m
Lars Kolind	Member of Advisory Board	28.4yrs	no data	no data
Sten Scheibye	Member of Advisory Board	no data	no data	no data
Birgit Aagaard-Svendsen	Member of Advisory Board	no data	no data	no data
Trond Westlie	Member of Advisory Board	no data	no data	no data
Carol Sergeant	Independent Director	10.3yrs	DKK 1.81m	0.00082% DKK 2.8m
Lars-Erik Brenoe	Non-Independent Director	7.3yrs	DKK 1.16m	0.0038% DKK 13.2m
Henrik Poulsen	Member of Advisory Board	no data	no data	no data
Jan Nielsen	Non-Independent Vice Chairman of the Board	4.5yrs	DKK 1.81m	0.0029% DKK 10.0m
Gert Kjeldsen	Member of Advisory Board	no data	no data	no data
R. Lindeløv	Member of Advisory Board	no data	no data	no data
Raija-Leena Hankonen-Nybom	Independent Director	3yrs	DKK 1.22m	0.00093% DKK 3.2m

5.9yrs

Average Tenure

66yo

Average Age

Experienced Board: DANSKE N's board of directors are considered experienced (5.9 years average tenure).

Danske Bank Management

Management criteria checks 3/4

Key information

Recent management updates

Danske Bank Announces CFO Changes, Effective March 1, 2025

Danske Bank Appoints Ronny Junge-Larsen as Head of Advisory Banking Norway

Danske Bank Appoints Peter Lovaas as Head of Investment Banking

Independent Director recently bought Mex$765k worth of stock

Danske Bank A/S Announces Management Changes

Danske Bank A/S Appoints Martin Stewart, as Chairman

Recent updates

Danske Bank Announces CFO Changes, Effective March 1, 2025

Danske Bank Appoints Ronny Junge-Larsen as Head of Advisory Banking Norway

Danske Bank A/S Approves Interim Dividend, Payable on 24 July 2024

Danske Bank A/S Revises Earnings Guidance for 2024

Danske Bank Appoints Peter Lovaas as Head of Investment Banking

Danske Bank A/S Provides Earnings Guidance for the Year 2024

Danske Bank A/S (CPSE:DANSKE) commences an Equity Buyback Plan, under the authorization approved on March 16, 2023.

Danske Bank A/S Announces Earnings Guidance for the Year 2024

Danske Bank A/S Revises Earnings Guidance for the Year 2023

Danske Bank A/S Narrows Earnings Guidance for the Year 2023

Infosys Limited (NSEI:INFY) Completed the acquisition of Danske IT And Support Services India Private Limited from Danske Bank A/S (CPSE:DANSKE).

Danske Bank A/S to Report Nine Months, 2024 Results on Oct 31, 2024

Infosys Limited (NSEI:INFY) entered into an agreement to acquire Danske IT And Support Services India Private Limited from Danske Bank A/S (CPSE:DANSKE) for DKK 13.6 million.

Independent Director recently bought Mex$765k worth of stock

Danske Bank A/S Announces Management Changes

Danske Bank A/S Provides Earnings Guidance for the Year 2023

Danske Bank A/S acquired a 5% stake in Medistim ASA.

US Securities and Exchange Commission Files A Complaint Against Danske Bank

Danske Bank A/S Revises Earnings Guidance for the Fiscal Year 2022

Third quarter 2022 earnings released: kr.16.20 loss per share (vs kr.3.77 profit in 3Q 2021)

Danske Bank A/S Appoints Martin Stewart, as Chairman

Second quarter 2022 earnings released: EPS: kr.2.00 (vs kr.3.13 in 2Q 2021)

Danske Bank A/S to Report Q3, 2023 Results on Oct 27, 2023

Danske Bank A/S Provides Impairment Guidance for the Second Quarter of 2022

Triton Smaller Mid-Cap Fund II SCSp managed by Triton acquired an unknown majority stake in Esperi Care Oy from Danske Bank A/S (CPSE:DANSKE), Skandinaviska Enskilda Banken AB (publ) (OM:SEB A) and Ilmarinen Mutual Pension Insurance Company.

Danske Bank A/S Announces Resignation of Philippe Vollot as Chief Administrative Officer and Executive Leadership Team

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age