Billerud Management

Management criteria checks 2/4

Billerud's CEO is Ivar Vatne, appointed in Jul 2023, has a tenure of 1.58 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 SEK4.84M. The average tenure of the management team and the board of directors is 1.5 years and 3.6 years respectively.

Key information

Ivar Vatne

Chief executive officer

SEK 4.6m

Total compensation

CEO salary percentage67.9%
CEO tenure1.6yrs
CEO ownership0.02%
Management average tenure1.5yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

Results: Billerud AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts

Feb 07
Results: Billerud AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts

Here's What To Make Of Billerud's (STO:BILL) Decelerating Rates Of Return

Dec 17
Here's What To Make Of Billerud's (STO:BILL) Decelerating Rates Of Return

Is There An Opportunity With Billerud AB (publ)'s (STO:BILL) 23% Undervaluation?

Nov 28
Is There An Opportunity With Billerud AB (publ)'s (STO:BILL) 23% Undervaluation?

Billerud (STO:BILL) Takes On Some Risk With Its Use Of Debt

Aug 31
Billerud (STO:BILL) Takes On Some Risk With Its Use Of Debt

Returns On Capital At Billerud (STO:BILL) Paint A Concerning Picture

May 21
Returns On Capital At Billerud (STO:BILL) Paint A Concerning Picture

Analysts Have Made A Financial Statement On Billerud AB (publ)'s (STO:BILL) First-Quarter Report

Apr 27
Analysts Have Made A Financial Statement On Billerud AB (publ)'s (STO:BILL) First-Quarter Report

Billerud (STO:BILL) Is Paying Out Less In Dividends Than Last Year

Apr 26
Billerud (STO:BILL) Is Paying Out Less In Dividends Than Last Year

Billerud (STO:BILL) Is Paying Out Less In Dividends Than Last Year

Apr 11
Billerud (STO:BILL) Is Paying Out Less In Dividends Than Last Year

Is Billerud (STO:BILL) Using Too Much Debt?

Apr 07
Is Billerud (STO:BILL) Using Too Much Debt?

Investors Still Waiting For A Pull Back In Billerud AB (publ) (STO:BILL)

Feb 27
Investors Still Waiting For A Pull Back In Billerud AB (publ) (STO:BILL)

Billerud's (STO:BILL) Shareholders Have More To Worry About Than Only Soft Earnings

Feb 02
Billerud's (STO:BILL) Shareholders Have More To Worry About Than Only Soft Earnings

Earnings Miss: Billerud AB (publ) Missed EPS By 48% And Analysts Are Revising Their Forecasts

Jan 28
Earnings Miss: Billerud AB (publ) Missed EPS By 48% And Analysts Are Revising Their Forecasts

Billerud (STO:BILL) Has Some Way To Go To Become A Multi-Bagger

Jan 23
Billerud (STO:BILL) Has Some Way To Go To Become A Multi-Bagger

Billerud (STO:BILL) Takes On Some Risk With Its Use Of Debt

Dec 11
Billerud (STO:BILL) Takes On Some Risk With Its Use Of Debt

Is Billerud AB (publ) (STO:BILL) Worth kr98.2 Based On Its Intrinsic Value?

Nov 22
Is Billerud AB (publ) (STO:BILL) Worth kr98.2 Based On Its Intrinsic Value?

Returns On Capital At Billerud (STO:BILL) Have Hit The Brakes

Sep 10
Returns On Capital At Billerud (STO:BILL) Have Hit The Brakes

We Think Billerud (STO:BILL) Is Taking Some Risk With Its Debt

Aug 14
We Think Billerud (STO:BILL) Is Taking Some Risk With Its Debt

Billerud AB (publ) (STO:BILL) Shares Could Be 20% Below Their Intrinsic Value Estimate

Jul 23
Billerud AB (publ) (STO:BILL) Shares Could Be 20% Below Their Intrinsic Value Estimate

We Like These Underlying Return On Capital Trends At Billerud (STO:BILL)

Jun 07
We Like These Underlying Return On Capital Trends At Billerud (STO:BILL)

These 4 Measures Indicate That Billerud (STO:BILL) Is Using Debt Reasonably Well

Apr 13
These 4 Measures Indicate That Billerud (STO:BILL) Is Using Debt Reasonably Well

Calculating The Fair Value Of Billerud AB (publ) (STO:BILL)

Mar 17
Calculating The Fair Value Of Billerud AB (publ) (STO:BILL)

Investors Will Want Billerud's (STO:BILL) Growth In ROCE To Persist

Mar 05
Investors Will Want Billerud's (STO:BILL) Growth In ROCE To Persist

If EPS Growth Is Important To You, Billerud (STO:BILL) Presents An Opportunity

Jan 20
If EPS Growth Is Important To You, Billerud (STO:BILL) Presents An Opportunity

These 4 Measures Indicate That Billerud (STO:BILL) Is Using Debt Safely

Jan 08
These 4 Measures Indicate That Billerud (STO:BILL) Is Using Debt Safely

Estimating The Intrinsic Value Of Billerud AB (publ) (STO:BILL)

Dec 03
Estimating The Intrinsic Value Of Billerud AB (publ) (STO:BILL)

We Ran A Stock Scan For Earnings Growth And BillerudKorsnäs (STO:BILL) Passed With Ease

Oct 13
We Ran A Stock Scan For Earnings Growth And BillerudKorsnäs (STO:BILL) Passed With Ease

Is BillerudKorsnäs (STO:BILL) A Risky Investment?

Aug 24
Is BillerudKorsnäs (STO:BILL) A Risky Investment?

CEO Compensation Analysis

How has Ivar Vatne's remuneration changed compared to Billerud's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

SEK 2b

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 ($USD424.87K) is below average for companies of similar size in the Swedish market ($USD973.64K).

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


CEO

Ivar Vatne (46 yo)

1.6yrs

Tenure

SEK 4,636,000

Compensation

Mr. Ivar Vatne serves as President and Chief Executive Officer of Billerud AB (publ) since December 01, 2023 and as Interim President of Region Europe from February 1, 2025. Mr. Vatne was Executive Vice Pr...


Leadership Team

NamePositionTenureCompensationOwnership
Ivar Vatne
President1.6yrsSEK 4.64m0.016%
SEK 4.8m
Andrei Kres
Chief Financial Officer1.5yrsno data0.0016%
SEK 490.4k
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 2.1m
Paulina Ekvall
Executive Vice President of Human Resources & Communications8.1yrsno data0.0084%
SEK 2.5m
Louise Bjarke
Head of Pressno datano datano data
Ulrika Wedberg
Executive Vice President of Sustainability & Public Affairs1.5yrsno data0.0013%
SEK 380.4k
Robert Pletzin
Head of Media Relationsless than a yearno datano data
Doug Schwartz
President of Billerud North Americaless than a yearno datano data

1.5yrs

Average Tenure

51yo

Average Age

Experienced Management: BILL's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Magnus Nicolin
Independent Director2.8yrsSEK 580.00k0.0048%
SEK 1.4m
Andreas Blaschke
Independent Directorless than a yearno datano data
Jan Svensson
Independent Chairman of the Board4.8yrsSEK 1.75m0.012%
SEK 3.6m
Florian Heiserer
Director2.8yrsSEK 680.00k0.00080%
SEK 237.8k
Victoria Van Camp
Independent Director7.8yrsSEK 605.00k0.0016%
SEK 481.5k
Regi Aalstad
Independent Director1.8yrsSEK 680.00kno data
Nicklas Johansson
Employee Representative Director8.1yrsno datano data
Bo Knoos
Deputy Director8.1yrsno datano data
Per Bertilsson
Employee Representative Director4.1yrsno datano data
Magnus Axelsson
Deputy Director3.1yrsno data0.000050%
SEK 14.9k

3.6yrs

Average Tenure

60yo

Average Age

Experienced Board: BILL's board of directors are considered experienced (3.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 07:31
End of Day Share Price 2025/02/06 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

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
null nullABG Sundal Collier
Patrick LangstromABG Sundal Collier Sponsored
Justin JordanBNP Paribas Exane