NKT Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Claes Westerlind
Chief executive officer
€1.8m
Total compensation
| CEO salary percentage | 42.80% |
| CEO tenure | 2yrs |
| CEO ownership | 0.02% |
| Management average tenure | 3.8yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD2.01M) is below average for companies of similar size in the US market ($USD7.47M).
Compensation vs Earnings: Claes's compensation has increased by more than 20% in the past year.
CEO
Claes Westerlind (42 yo)
2yrs
Tenure
€1,804,900
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 |
|---|---|---|---|---|
| President & CEO | 2yrs | €1.80m | 0.016% $ 670.0k | |
| Executive VP & CFO | 4.8yrs | €1.51m | 0.016% $ 682.0k | |
| COO & Deputy CEO | no data | no data | no data | |
| Executive VP & CTO | 7.3yrs | 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 | 4.3yrs | no data | no data | |
| Chief Commercial Officer | no data | no data | no data | |
| Executive VP & Head of Service | no data | no data | no data | |
| Executive VP & Head of Accessories | 2.3yrs | no data | no data | |
| Executive VP & Head of HV Solutions Cologne | 3.3yrs | no data | no data | |
| Chief Strategy Officer | no data | no data | no data |
3.8yrs
Average Tenure
50yo
Average Age
Experienced Management: NRKB.Y's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 19.3yrs | €151.00k | 0.097% $ 4.0m | |
| Independent Deputy Chairman | 9.1yrs | €131.00k | 0.016% $ 667.5k | |
| Independent Director | 7.6yrs | €109.00k | no data | |
| Independent Director | 4.9yrs | €50.00k | no data | |
| Independent Director | 3.2yrs | €80.00k | no data | |
| Independent Director | 2.2yrs | €67.00k | no data | |
| Director | 1.3yrs | €29.00k | no data | |
| Director | 1.3yrs | €29.00k | 0.00023% $ 9.5k | |
| Director | less than a year | no data | no data |
3.2yrs
Average Tenure
56yo
Average Age
Experienced Board: NRKB.Y's board of directors are considered experienced (3.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/19 06:17 |
| End of Day Share Price | 2025/05/15 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Management | 10 years |
| |
| 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 13 analysts. 7 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 |
| Bastien Agaud | Berenberg |
| Claus Almer Nielsen | Carnegie Investment Bank AB |