NKT Management
Management criteria checks 3/4
NKT's CEO is Claes Westerlind, appointed in May 2023, has a tenure of 2.83 years. total yearly compensation is €2.21M, comprised of 40.1% salary and 59.9% bonuses, including company stock and options. directly owns 0.044% of the company’s shares, worth $3.04M. The average tenure of the management team and the board of directors is 5.2 years and 3 years respectively.
Key information
Claes Westerlind
Chief executive officer
€2.2m
Total compensation
| CEO salary percentage | 40.14% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.04% |
| Management average tenure | 5.2yrs |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | €2m | €888k | €264m |
| Sep 30 2025 | n/a | n/a | €223m |
| Jun 30 2025 | n/a | n/a | €213m |
| Mar 31 2025 | n/a | n/a | €234m |
| Dec 31 2024 | €2m | €773k | €225m |
| Sep 30 2024 | n/a | n/a | €200m |
| Jun 30 2024 | n/a | n/a | €166m |
| Mar 31 2024 | n/a | n/a | €126m |
| Dec 31 2023 | €1m | €484k | €108m |
Compensation vs Market: Claes's total compensation ($USD2.56M) is below average for companies of similar size in the US market ($USD8.25M).
Compensation vs Earnings: Claes's compensation has increased by more than 20% in the past year.
CEO
Claes Westerlind (43 yo)
Mr. Claes Westerlind is Director of Rockwool A/S from April 2, 2025. He served as Executive Vice President and Head of HV Solutions Karlskrona at NKT A/S until May 09, 2023 and serves as its President & Ch...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 2.8yrs | €2.21m | 0.044% $ 3.0m | |
| Executive VP & CFO | 5.6yrs | €1.72m | 0.017% $ 1.1m | |
| COO, Interim Head of Grid Solutions & Deputy CEO | no data | no data | no data | |
| Executive VP & CTO | 8.2yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Legal Officer | no data | no data | no data | |
| Head of Group Communications | no data | no data | no data | |
| Executive VP & Chief HR Officer | 5.2yrs | no data | no data | |
| Chief Commercial Officer | no data | no data | no data | |
| Executive VP & Head of Accessories | 3.2yrs | no data | no data | |
| Chief Strategy Officer | no data | no data | no data |
Experienced Management: NRKB.F's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 20.2yrs | €151.00k | 0.097% $ 6.7m | |
| Independent Deputy Chairman | 9.9yrs | €118.00k | 0.016% $ 1.1m | |
| Independent Director | 8.4yrs | €109.00k | no data | |
| Independent Director | 5.8yrs | €50.00k | no data | |
| Independent Director | 4yrs | €80.00k | no data | |
| Independent Director | 3yrs | €67.00k | no data | |
| Employee Representative Director | 2.2yrs | €50.00k | no data | |
| Employee Representative Director | 2.2yrs | €50.00k | 0.00037% $ 25.4k | |
| Employee Representative Director | 1.2yrs | €38.00k | 0.00056% $ 38.5k | |
| Employee Representative Director | no data | no data | no data | |
| Employee Representative Director | no data | no data | no data |
Experienced Board: NRKB.F's board of directors are considered experienced (3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/31 13:24 |
| End of Day Share Price | 2026/03/31 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
NKT A/S is covered by 14 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xin Wang | Barclays |
| George Featherstone | Barclays |
| Scott Humphreys | Berenberg |