NKT's CEO is Claes Westerlind, appointed in May 2023, has a tenure of 3.17 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 $3.55M. The average tenure of the management team and the board of directors is 3.5 years and 3.3 years respectively.
Key information
Claes Westerlind
Chief executive officer
€2.2m
Total compensation
CEO salary percentage
40.14%
CEO tenure
3.2yrs
CEO ownership
0.04%
Management average tenure
3.5yrs
Board average tenure
3.3yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Claes Westerlind's remuneration changed compared to NKT's earnings?
Date
Total Compensation
Salary
Company Earnings
Mar 31 2026
n/a
n/a
€268m
Dec 31 2025
€2m
€888k
€264m
Sep 30 2025
n/a
n/a
€223m
Jun 30 2025
n/a
n/a
€213m
Mar 31 2025
n/a
n/a
€234m
Dec 31 2024
€2m
€773k
€225m
Sep 30 2024
n/a
n/a
€200m
Jun 30 2024
n/a
n/a
€166m
Mar 31 2024
n/a
n/a
€126m
Dec 31 2023
€1m
€484k
€108m
Compensation vs Market: Claes's total compensation ($USD2.53M) is below average for companies of similar size in the US market ($USD8.35M).
Compensation vs Earnings: Claes's compensation has increased by more than 20% in the past year.
CEO
Claes Westerlind (44 yo)
3.2yrs
Tenure
€2,212,000
Compensation
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
Claes Westerlind
President & CEO
3.2yrs
€2.21m
0.044% $ 3.6m
Michael Yong
CFO & Chief Strategy Officer
less than a year
no data
no data
Will Hendrikx
COO, Interim Head of Grid Solutions & Deputy CEO
no data
no data
no data
Anders Jensen
Executive VP & CTO
8.5yrs
no data
no data
Jacob Johansen
Head of Investor Relations
no data
no data
no data
Morten Bang
Chief Legal Officer
no data
no data
no data
Louise Naldal
Head of Group Communications
no data
no data
no data
Kira Johnson
Executive VP & Chief HR Officer
5.5yrs
no data
no data
Michael Hjorth
Chief Commercial Officer
no data
no data
no data
Denis Schuler
Executive VP & Head of Accessories
3.5yrs
no data
no data
Darren Fennell
Executive VP & Head of Transmission
no data
no data
no data
Carlos Fernandez
Executive Vice President & Head of Distribution
no data
no data
no data
3.5yrs
Average Tenure
53yo
Average Age
Experienced Management: NRKB.Y's management team is considered experienced (3.5 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Jens Peter Olsen
Chairman of the Board
20.5yrs
€151.00k
0.097% $ 7.8m
Rene Svendsen-Tune
Independent Deputy Chairman
10.3yrs
€118.00k
0.020% $ 1.6m
Andreas Nauen
Independent Director
8.8yrs
€109.00k
no data
Karla Lindahl
Independent Director
6.1yrs
€50.00k
no data
Nebahat Albayrak
Independent Director
4.3yrs
€80.00k
no data
Anne Vedel
Independent Director
3.3yrs
€67.00k
no data
Jean Iversen
Employee Representative Director
2.5yrs
€50.00k
no data
Akos Frank
Employee Representative Director
2.5yrs
€50.00k
0.00037% $ 29.7k
John Andersen
Employee Representative Director
1.5yrs
€38.00k
0.00056% $ 44.9k
Allan Ellekaer
Employee Representative Director
less than a year
no data
no data
Martin Nielsen
Employee Representative Director
less than a year
no data
no data
3.3yrs
Average Tenure
58yo
Average Age
Experienced Board: NRKB.Y's board of directors are considered experienced (3.3 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/06 15:38
End of Day Share Price
2026/05/07 00:00
Earnings
2026/03/31
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.
* 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. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.