Billerud Management
Management criteria checks 2/4
Billerud's CEO is Ivar Vatne, appointed in Jul 2023, has a tenure of less than a year. total yearly compensation is SEK4.64M, comprised of 67.9% salary and 32.1% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth SEK1.31M. The average tenure of the management team and the board of directors is 0.7 years and 3.6 years respectively.
Key information
Ivar Vatne
Chief executive officer
kr4.6m
Total compensation
CEO salary percentage | 67.9% |
CEO tenure | less than a year |
CEO ownership | 0.005% |
Management average tenure | less than a year |
Board average tenure | 3.6yrs |
Recent management updates
Recent updates
Billerud (STO:BILL) Is Paying Out Less In Dividends Than Last Year
Apr 11Is Billerud (STO:BILL) Using Too Much Debt?
Apr 07Investors Still Waiting For A Pull Back In Billerud AB (publ) (STO:BILL)
Feb 27Billerud's (STO:BILL) Shareholders Have More To Worry About Than Only Soft Earnings
Feb 02Earnings Miss: Billerud AB (publ) Missed EPS By 48% And Analysts Are Revising Their Forecasts
Jan 28Billerud (STO:BILL) Has Some Way To Go To Become A Multi-Bagger
Jan 23Billerud (STO:BILL) Takes On Some Risk With Its Use Of Debt
Dec 11Is Billerud AB (publ) (STO:BILL) Worth kr98.2 Based On Its Intrinsic Value?
Nov 22Returns On Capital At Billerud (STO:BILL) Have Hit The Brakes
Sep 10We Think Billerud (STO:BILL) Is Taking Some Risk With Its Debt
Aug 14Billerud AB (publ) (STO:BILL) Shares Could Be 20% Below Their Intrinsic Value Estimate
Jul 23We Like These Underlying Return On Capital Trends At Billerud (STO:BILL)
Jun 07These 4 Measures Indicate That Billerud (STO:BILL) Is Using Debt Reasonably Well
Apr 13Calculating The Fair Value Of Billerud AB (publ) (STO:BILL)
Mar 17Investors Will Want Billerud's (STO:BILL) Growth In ROCE To Persist
Mar 05If EPS Growth Is Important To You, Billerud (STO:BILL) Presents An Opportunity
Jan 20These 4 Measures Indicate That Billerud (STO:BILL) Is Using Debt Safely
Jan 08Estimating The Intrinsic Value Of Billerud AB (publ) (STO:BILL)
Dec 03We Ran A Stock Scan For Earnings Growth And BillerudKorsnäs (STO:BILL) Passed With Ease
Oct 13Is BillerudKorsnäs (STO:BILL) A Risky Investment?
Aug 24Slowing Rates Of Return At BillerudKorsnäs (STO:BILL) Leave Little Room For Excitement
Jul 26If EPS Growth Is Important To You, BillerudKorsnäs (STO:BILL) Presents An Opportunity
Jul 13BillerudKorsnäs (STO:BILL) Will Pay A Dividend Of kr4.30
Apr 24Analysts Just Made A Huge Upgrade To Their BillerudKorsnäs AB (publ) (STO:BILL) Forecasts
Apr 15BillerudKorsnäs (STO:BILL) Has Affirmed Its Dividend Of kr4.30
Apr 08BillerudKorsnäs (STO:BILL) Has Announced A Dividend Of kr4.30
Mar 25CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | kr5m | kr3m | kr484m |
Compensation vs Market: Ivar's total compensation ($USD423.48K) is below average for companies of similar size in the Swedish market ($USD789.46K).
Compensation vs Earnings: Insufficient data to compare Ivar's compensation with company performance.
CEO
Ivar Vatne (45 yo)
less than a year
Tenure
kr4,636,000
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 | less than a year | kr4.64m | 0.0054% SEK 1.3m | |
Chief Financial Officer | less than a year | no data | no data | |
Head of Investor Relations & Director Investor Relations | no data | no data | no data | |
Executive Vice President of Legal & Compliance | no data | no data | 0.0027% SEK 655.2k | |
Executive Vice President of Human Resources & Communications | 7.3yrs | no data | 0.0046% SEK 1.1m | |
Head of Press | no data | no data | no data | |
President of Europe | less than a year | no data | 0.0014% SEK 336.1k | |
President of the North America | 2.3yrs | no data | 0.0014% SEK 328.8k | |
Executive Vice President of Sustainability & Public Affairs | less than a year | no data | no data | |
Head of Media Relations | no data | no data | no data |
0.7yrs
Average Tenure
46yo
Average Age
Experienced Management: BILL's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Independent Director | 1.9yrs | kr580.00k | 0.0048% SEK 1.2m | |
Independent Director | 5.9yrs | kr780.00k | 0.0049% SEK 1.2m | |
Independent Chairman of the Board | 3.9yrs | kr1.75m | 0.012% SEK 2.8m | |
Director | 1.9yrs | kr680.00k | 0.00080% SEK 194.9k | |
Independent Director | 6.9yrs | kr605.00k | 0.0016% SEK 387.3k | |
Independent Director | less than a year | kr680.00k | no data | |
Employee Representative Director | 7.3yrs | no data | no data | |
Deputy Director | 7.3yrs | no data | no data | |
Employee Representative Director | 3.3yrs | no data | no data | |
Deputy Director | 2.3yrs | no data | 0.000050% SEK 12.2k |
3.6yrs
Average Tenure
59yo
Average Age
Experienced Board: BILL's board of directors are considered experienced (3.6 years average tenure).