Veidekke Management

Management criteria checks 4/4

Veidekke's CEO is Jimmy Bengtsson, appointed in Sep 2019, has a tenure of 4.67 years. total yearly compensation is NOK6.62M, comprised of 71.1% salary and 28.9% bonuses, including company stock and options. directly owns 0.053% of the company’s shares, worth NOK8.26M. The average tenure of the management team and the board of directors is 4 years and 4 years respectively.

Key information

Jimmy Bengtsson

Chief executive officer

kr6.6m

Total compensation

CEO salary percentage71.1%
CEO tenure4.7yrs
CEO ownership0.05%
Management average tenure4yrs
Board average tenure4yrs

Recent management updates

Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More

May 01
Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More

Recent updates

Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More

May 01
Here's Why Shareholders May Consider Paying Veidekke ASA's (OB:VEI) CEO A Little More

Veidekke (OB:VEI) Will Pay A Larger Dividend Than Last Year At NOK7.90

Apr 26
Veidekke (OB:VEI) Will Pay A Larger Dividend Than Last Year At NOK7.90

Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.90

Apr 05
Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.90

Veidekke's (OB:VEI) Dividend Will Be Increased To NOK7.90

Mar 22
Veidekke's (OB:VEI) Dividend Will Be Increased To NOK7.90

Is It Time To Consider Buying Veidekke ASA (OB:VEI)?

Mar 13
Is It Time To Consider Buying Veidekke ASA (OB:VEI)?

Calculating The Fair Value Of Veidekke ASA (OB:VEI)

Feb 29
Calculating The Fair Value Of Veidekke ASA (OB:VEI)

Veidekke's (OB:VEI) Conservative Accounting Might Explain Soft Earnings

Feb 15
Veidekke's (OB:VEI) Conservative Accounting Might Explain Soft Earnings

Earnings Not Telling The Story For Veidekke ASA (OB:VEI)

Jan 05
Earnings Not Telling The Story For Veidekke ASA (OB:VEI)

These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well

Sep 30
These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well

Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Jul 01
Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Is Veidekke (OB:VEI) A Risky Investment?

Jun 13
Is Veidekke (OB:VEI) A Risky Investment?

Does Veidekke (OB:VEI) Deserve A Spot On Your Watchlist?

May 18
Does Veidekke (OB:VEI) Deserve A Spot On Your Watchlist?

Veidekke ASA's (OB:VEI) Intrinsic Value Is Potentially 25% Below Its Share Price

Apr 14
Veidekke ASA's (OB:VEI) Intrinsic Value Is Potentially 25% Below Its Share Price

Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.75

Feb 11
Veidekke (OB:VEI) Is Increasing Its Dividend To NOK7.75

Investors Should Be Encouraged By Veidekke's (OB:VEI) Returns On Capital

Feb 03
Investors Should Be Encouraged By Veidekke's (OB:VEI) Returns On Capital

Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Jan 10
Should You Think About Buying Veidekke ASA (OB:VEI) Now?

Veidekke (OB:VEI) Seems To Use Debt Quite Sensibly

Nov 01
Veidekke (OB:VEI) Seems To Use Debt Quite Sensibly

Veidekke (OB:VEI) Is Achieving High Returns On Its Capital

Sep 08
Veidekke (OB:VEI) Is Achieving High Returns On Its Capital

These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well

Jul 26
These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Reasonably Well

Results: Veidekke ASA Delivered A Surprise Loss And Now Analysts Have New Forecasts

May 15
Results: Veidekke ASA Delivered A Surprise Loss And Now Analysts Have New Forecasts

Veidekke's (OB:VEI) Upcoming Dividend Will Be Larger Than Last Year's

May 06
Veidekke's (OB:VEI) Upcoming Dividend Will Be Larger Than Last Year's

Veidekke (OB:VEI) Is Paying Out A Larger Dividend Than Last Year

Apr 22
Veidekke (OB:VEI) Is Paying Out A Larger Dividend Than Last Year

Is Now The Time To Put Veidekke (OB:VEI) On Your Watchlist?

Mar 30
Is Now The Time To Put Veidekke (OB:VEI) On Your Watchlist?

Is Veidekke ASA (OB:VEI) Trading At A 43% Discount?

Mar 14
Is Veidekke ASA (OB:VEI) Trading At A 43% Discount?

Under The Bonnet, Veidekke's (OB:VEI) Returns Look Impressive

Feb 28
Under The Bonnet, Veidekke's (OB:VEI) Returns Look Impressive

Veidekke (OB:VEI) Is Increasing Its Dividend To kr7.00

Feb 12
Veidekke (OB:VEI) Is Increasing Its Dividend To kr7.00

These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Safely

Jan 11
These 4 Measures Indicate That Veidekke (OB:VEI) Is Using Debt Safely

Veidekke (OB:VEI) Is Very Good At Capital Allocation

Nov 05
Veidekke (OB:VEI) Is Very Good At Capital Allocation

Do Veidekke's (OB:VEI) Earnings Warrant Your Attention?

Sep 30
Do Veidekke's (OB:VEI) Earnings Warrant Your Attention?

We Think Veidekke (OB:VEI) Can Manage Its Debt With Ease

Aug 26
We Think Veidekke (OB:VEI) Can Manage Its Debt With Ease

Are Investors Undervaluing Veidekke ASA (OB:VEI) By 28%?

Jun 11
Are Investors Undervaluing Veidekke ASA (OB:VEI) By 28%?

Veidekke (OB:VEI) Seems To Use Debt Rather Sparingly

Apr 21
Veidekke (OB:VEI) Seems To Use Debt Rather Sparingly

Calculating The Intrinsic Value Of Veidekke ASA (OB:VEI)

Mar 10
Calculating The Intrinsic Value Of Veidekke ASA (OB:VEI)

How Does Veidekke ASA (OB:VEI) Fare As A Dividend Stock?

Feb 25
How Does Veidekke ASA (OB:VEI) Fare As A Dividend Stock?

CEO Compensation Analysis

How has Jimmy Bengtsson's remuneration changed compared to Veidekke's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023kr7mkr5m

kr1b

Sep 30 2023n/an/a

kr1b

Jun 30 2023n/an/a

kr1b

Mar 31 2023n/an/a

kr1b

Dec 31 2022kr6mkr4m

kr1b

Sep 30 2022n/an/a

kr905m

Jun 30 2022n/an/a

kr889m

Mar 31 2022n/an/a

kr904m

Dec 31 2021kr6mkr4m

kr958m

Sep 30 2021n/an/a

kr931m

Jun 30 2021n/an/a

kr997m

Mar 31 2021n/an/a

kr985m

Dec 31 2020kr4mkr4m

kr842m

Sep 30 2020n/an/a

kr467m

Jun 30 2020n/an/a

kr348m

Mar 31 2020n/an/a

kr352m

Dec 31 2019kr4mkr4m

kr392m

Sep 30 2019n/an/a

kr384m

Jun 30 2019n/an/a

kr484m

Mar 31 2019n/an/a

kr82m

Jan 01 2019n/an/a

kr119m

Sep 30 2018n/an/a

kr700m

Jun 30 2018n/an/a

kr670m

Mar 31 2018n/an/a

kr1b

Dec 31 2017kr4mkr3m

kr1b

Compensation vs Market: Jimmy's total compensation ($USD596.60K) is below average for companies of similar size in the Norwegian market ($USD859.07K).

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


CEO

Jimmy Bengtsson (57 yo)

4.7yrs

Tenure

kr6,622,000

Compensation

Mr. Jimmy Bengtsson serves as Group Chief Executive Officer of Veidekke ASA since September 1,2019. Mr. Bengtsson served as Executive Vice President of Construction Sweden at Veidekke ASA since January 1,...


Leadership Team

NamePositionTenureCompensationOwnership
Jimmy Bengtsson
Group Chief Executive Officer4.7yrskr6.62m0.053%
NOK 8.3m
Jørgen Porsmyr
Executive VP & CFO3.8yrskr4.25m0.094%
NOK 14.7m
Kristina Andreasson
Executive Vice President of Communications & Branding3.7yrskr2.80m0.013%
NOK 2.0m
Anne Thorbjørnsen
Executive VP for HR and Occupational Health & Safety5.6yrskr3.10m0.030%
NOK 4.8m
Torben Nielsen
Head of Operations in Denmarkno datakr800.00k0.075%
NOK 11.7m
Terje Larsen
Executive Vice President of Risk Management & IT3.8yrskr3.74m0.087%
NOK 13.6m
Lars Lund
Executive Vice President of Strategy & Sustainability4.3yrskr3.39m0.013%
NOK 2.1m
Hans Sørlie
Executive Vice President of Veidekke Construction Norway5.8yrskr4.00m0.069%
NOK 10.8m
Øivind Larsen
Executive Vice President of Veidekke Infrastructure - Norway5.9yrskr4.35m0.022%
NOK 3.5m
Charlotta Nilsen
Executive Vice President of Veidekke Construction Sweden3.3yrskr3.41mno data
Marcus Nilsson
Executive Vice President of Veidekke Infrastructure Sweden3.3yrskr3.31m0.024%
NOK 3.7m

4.0yrs

Average Tenure

54yo

Average Age

Experienced Management: VEI's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Per-Ingemar Persson
Independent Director4yrskr458.00k0.041%
NOK 6.5m
Gro Bakstad
Independent Chairman of the Board14.3yrskr421.00k0.011%
NOK 1.8m
Carola Laven
Independent Director3yrskr370.00kno data
Hanne Rønneberg
Independent Director4yrskr445.00k0.0020%
NOK 313.4k
Inge Ramsdal
Employee Representative Director16.3yrskr370.00k0.0069%
NOK 1.1m
Odd Olsen
Employee Representative Director13.3yrskr390.00k0.0048%
NOK 758.5k
Arve Fludal
Employee Representative Director9yrskr370.00k0.0034%
NOK 528.1k
Nils Bohler
Directorless than a yearno datano data
Pal Eitrheim
Independent Director2yrsno datano data

4.0yrs

Average Tenure

60yo

Average Age

Experienced Board: VEI's board of directors are considered experienced (4 years average tenure).


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