Billerud's CEO is Ivar Vatne, appointed in Jul 2023, has a tenure of 2.92 years. total yearly compensation is SEK12.51M, comprised of 69.8% salary and 30.2% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth $334.10K. The average tenure of the management team and the board of directors is 2 years and 3.1 years respectively.
Key information
Ivar Vatne
Chief executive officer
SEK 12.5m
Total compensation
CEO salary percentage
69.79%
CEO tenure
2.9yrs
CEO ownership
0.02%
Management average tenure
2yrs
Board average tenure
3.1yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Ivar Vatne's remuneration changed compared to Billerud's earnings?
Date
Total Compensation
Salary
Company Earnings
Mar 31 2026
n/a
n/a
SEK 77m
Dec 31 2025
SEK 13m
SEK 9m
SEK 711m
Sep 30 2025
n/a
n/a
SEK 1b
Jun 30 2025
n/a
n/a
SEK 2b
Mar 31 2025
n/a
n/a
SEK 2b
Dec 31 2024
SEK 15m
SEK 8m
SEK 2b
Sep 30 2024
n/a
n/a
SEK 611m
Jun 30 2024
n/a
n/a
SEK 702m
Mar 31 2024
n/a
n/a
SEK 158m
Dec 31 2023
SEK 5m
SEK 3m
SEK 484m
Compensation vs Market: Ivar's total compensation ($USD1.31M) is below average for companies of similar size in the US market ($USD5.28M).
Compensation vs Earnings: Ivar's compensation has been consistent with company performance over the past year.
CEO
Ivar Vatne (48 yo)
2.9yrs
Tenure
SEK 12,511,000
Compensation
Mr. Ivar Vatne is Director of Yara International ASA from May 12, 2026. Mr. Vatne was Executive Vice President at Billerud AB (publ) (Billerud Aktiebolag (formerly known as BillerudKorsns AB (publ))) since...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Ivar Vatne
President & CEO
2.9yrs
SEK 12.51m
0.021% $ 334.1k
Andrei Kres
Chief Financial Officer
2.8yrs
no data
0.0039% $ 63.2k
Lena Schattauer
Head of Investor Relations & Director Investor Relations
no data
no data
no data
Andreas Mattsson
Executive Vice President of Legal & Strategic Projects
no data
no data
0.0047% $ 75.3k
Paulina Ekvall
Executive Vice President of HR
9.4yrs
no data
0.0084% $ 135.6k
Louise Bjarke
Head of Press
no data
no data
no data
Tor Lundqvist
SVP Operations of Billerud Europe
1.4yrs
no data
0.0098% $ 157.2k
Robert Pletzin
Head of Media Relations
2.2yrs
no data
no data
Douglas Schwartz
President of North America
1.8yrs
no data
0.0072% $ 116.0k
Jaakko Nikkila
President of Billerud Europe
1.1yrs
no data
0.000010% $ 160.9
Sofia Hedevag
Executive Vice President of Sustainability & Public Affairs
less than a year
no data
0.0020% $ 32.3k
Brian Boland
Deputy President of North America
no data
no data
0.0010% $ 16.9k
2.0yrs
Average Tenure
53yo
Average Age
Experienced Management: BLRD.F's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
Name
Position
Tenure
Compensation
Ownership
Magnus Nicolin
Independent Chairman of the Board
4.1yrs
SEK 760.00k
0.020% $ 323.3k
Andreas Blaschke
Independent Director
2.1yrs
SEK 625.00k
0.0016% $ 26.5k
Bernd Eikens
Director
less than a year
no data
no data
Gunilla Saltin
Director
1.1yrs
SEK 625.00k
0.00097% $ 15.6k
Florian Heiserer
Director
4.1yrs
SEK 905.00k
0.00080% $ 12.9k
Victoria Van Camp
Independent Director
9.1yrs
SEK 655.00k
0.0023% $ 36.4k
Regi Aalstad
Independent Director
3.1yrs
SEK 760.00k
0.0043% $ 69.2k
Nicklas Johansson
Employee Representative Director
9.4yrs
no data
no data
Bo Knoos
Deputy Director
9.4yrs
no data
no data
Magnus Axelsson
Director
1.4yrs
no data
0.000050% $ 804.3
Tommy Eklund
Deputy Director
less than a year
no data
no data
3.1yrs
Average Tenure
61yo
Average Age
Experienced Board: BLRD.F's board of directors are considered experienced (3.1 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/20 05:41
End of Day Share Price
2026/05/22 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
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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
Billerud AB (publ) is covered by 12 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.