NKT A/S

OTCPK:NRKB.F Stock Report

Market Cap: US$4.4b

NKT Management

Management criteria checks 2/4

NKT's CEO is Claes Westerlind, appointed in May 2023, has a tenure of 1.5 years. total yearly compensation is €1.21M, comprised of 39.9% salary and 60.1% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth $290.13K. The average tenure of the management team and the board of directors is 3.3 years and 2.7 years respectively.

Key information

Claes Westerlind

Chief executive officer

€1.2m

Total compensation

CEO salary percentage39.9%
CEO tenure1.5yrs
CEO ownership0.007%
Management average tenure3.3yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Claes Westerlind's remuneration changed compared to NKT's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€200m

Jun 30 2024n/an/a

€166m

Mar 31 2024n/an/a

€126m

Dec 31 2023€1m€484k

€108m

Compensation vs Market: Claes's total compensation ($USD1.28M) is below average for companies of similar size in the US market ($USD6.60M).

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

CEO

Claes Westerlind (42 yo)

1.5yrs

Tenure

€1,213,300

Compensation

Mr. Claes Westerlind served as Executive Vice President and Head of HV Solutions Karlskrona at NKT A/S until May 09, 2023 and serves as its President & Chief Executive Officer since May 09, 2023. Mr. Weste...

Leadership Team

NamePositionTenureCompensationOwnership
Claes Westerlind
President & CEO1.5yrs€1.21m0.0066%
$ 290.1k
Line Fandrup
Executive VP & CFO4.3yrs€1.23m0.0090%
$ 394.9k
Will Hendrikx
COO & Deputy CEOno datano datano data
Anders Jensen
Executive VP & CTO6.8yrsno datano data
Michael Nielsen
Head of Investor Relationsno datano datano data
Mark Nielsen
Chief Legal Officerno datano datano data
Louise Naldal
Head of Group Communicationsno datano datano data
Kira Johnson
Executive VP & Chief HR Officer3.8yrsno datano data
Michael Hjorth
Chief Commercial Officerno datano datano data
Axel Widmark
Executive VP & Head of Serviceno datano datano data
Denis Schuler
Executive VP & Head of Accessories1.8yrsno datano data
Lukas Sidler
Executive VP & Head of HV Solutions Cologne2.8yrsno datano data

3.3yrs

Average Tenure

50.5yo

Average Age

Experienced Management: NRKB.F's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jens Peter Olsen
Chairman of the Board18.8yrs€151.00k0.097%
$ 4.2m
Rene Svendsen-Tune
Independent Deputy Chairman8.6yrs€131.00k0.012%
$ 544.8k
Andreas Nauen
Independent Director7.1yrs€109.00kno data
Karla Lindahl
Independent Director4.4yrs€67.00kno data
Nebahat Albayrak
Independent Director2.7yrs€76.00kno data
Pernille Simonsen
Employee Representative Director2.7yrs€50.00kno data
Anne Vedel
Independent Director1.7yrs€51.00kno data
Jean Iversen
Directorless than a yearno datano data
Akos Frank
Directorless than a yearno datano data

2.7yrs

Average Tenure

56yo

Average Age

Experienced Board: NRKB.F's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.