Cadeler A/S

NYSE:CDLR Stock Report

Market Cap: US$2.0b

Cadeler Management

Management criteria checks 2/4

Cadeler's CEO is Mikkel Gleerup, appointed in Nov 2017, has a tenure of 7.08 years. directly owns 0.016% of the company’s shares, worth $311.12K. The average tenure of the management team and the board of directors is 2.5 years and 0.9 years respectively.

Key information

Mikkel Gleerup

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure7.1yrs
CEO ownership0.02%
Management average tenure2.5yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mikkel Gleerup's remuneration changed compared to Cadeler's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€9m

Jun 30 2024n/an/a

-€18m

Mar 31 2024n/an/a

-€11m

Dec 31 2023n/an/a

€11m

Sep 30 2023n/an/a

€43m

Jun 30 2023n/an/a

€55m

Mar 31 2023n/an/a

€33m

Dec 31 2022€839k€414k

€36m

Sep 30 2022n/an/a

€24m

Jun 30 2022n/an/a

€12m

Mar 31 2022n/an/a

€10m

Dec 31 2021€708k€372k

€7m

Sep 30 2021n/an/a

€3m

Jun 30 2021n/an/a

-€2m

Mar 31 2021n/an/a

-€14m

Dec 31 2020n/an/a

-€27m

Sep 30 2020n/an/a

-€32m

Jun 30 2020n/an/a

-€38m

Mar 31 2020n/an/a

-€31m

Dec 31 2019€288kn/a

-€24m

Compensation vs Market: Insufficient data to establish whether Mikkel's total compensation is reasonable compared to companies of similar size in the US market.

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

CEO

Mikkel Gleerup (46 yo)

7.1yrs

Tenure

€839,372

Compensation

Mr. Mikkel Gleerup is the Chief Executive Officer of Cadeler A/S since November 2017 and served as its Chief Operating Officer from February 2017. He joined Cadeler A/S in 2017 and serves as its a Member o...

Leadership Team

NamePositionTenureCompensationOwnership
Mikkel Gleerup
CEO & Member of the Executive Board7.1yrs€839.37k0.016%
$ 311.1k
Peter Hansen
CFO & Member of Executive Board2.5yrs€414.87kno data
Jacob Jensen
Chief Operating Officer5.5yrs€273.36kno data
Peter Jacobsen
Chief Technical Officer2.4yrsno datano data
Alexander Simmonds
Executive VP & Chief Legal Officerless than a yearno datano data
Karen Roiy
Vice President of Marketing & Communicationno datano datano data
Sarah Kaldas
Chief Sales Officerno datano datano data
Rikke Kolby
Chief People & Culture Officerno datano datano data
Jacob Gregersen
Chief Commercial Officer5.4yrs€257.07kno data
Mario Robayo
Head of Finance2.5yrsno datano data
Pernille Korsager
General Counselno datano datano data

2.5yrs

Average Tenure

Experienced Management: CDLR's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
James Nish
Independent Directorless than a yearno datano data
Andreas Sohmen-Pao
Non-Independent Chairman of the Board3.7yrsno datano data
Ditlev Wedell-Wedellsborg
Independent Director4.9yrs€60.00kno data
Thomas Andersen
Directorless than a yearno datano data
Emanuele Lauro
Vice Chairmanless than a yearno datano data
Andrea Abt
Independent Director1.9yrsno datano data
Colette Cohen
Directorless than a yearno datano data

0.9yrs

Average Tenure

63yo

Average Age

Experienced Board: CDLR's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 02:50
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Cadeler A/S is covered by 8 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
Jørgen LandeDanske Bank
Martin KarlsenDNB Markets
Magnus AndersenFearnley Securities