Billerud AB (publ)

OTCPK:BLRD.F Stock Report

Market Cap: US$2.2b

Billerud Management

Management criteria checks 2/4

Billerud's CEO is Ivar Vatne, appointed in Jul 2023, has a tenure of 1.33 years. total yearly compensation is SEK4.64M, comprised of 67.9% salary and 32.1% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth $366.27K. The average tenure of the management team and the board of directors is 1.3 years and 3.3 years respectively.

Key information

Ivar Vatne

Chief executive officer

SEK 4.6m

Total compensation

CEO salary percentage67.9%
CEO tenure1.3yrs
CEO ownership0.02%
Management average tenure1.3yrs
Board average tenure3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ivar Vatne's remuneration changed compared to Billerud's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

SEK 611m

Jun 30 2024n/an/a

SEK 702m

Mar 31 2024n/an/a

SEK 158m

Dec 31 2023SEK 5mSEK 3m

SEK 484m

Compensation vs Market: Ivar's total compensation ($USD419.80K) is below average for companies of similar size in the US market ($USD5.50M).

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

CEO

Ivar Vatne (46 yo)

1.3yrs

Tenure

SEK 4,636,000

Compensation

Mr. Ivar Vatne was Executive Vice President at Billerud AB (publ) (Billerud Aktiebolag (formerly known as BillerudKorsns AB (publ))) since May 2019 until August 2023 and served as its Deputy Chief Executiv...

Leadership Team

NamePositionTenureCompensationOwnership
Ivar Vatne
President & CEO1.3yrsSEK 4.64m0.016%
$ 366.3k
Andrei Kres
Chief Financial Officer1.3yrsno data0.0016%
$ 37.1k
Lena Schattauer
Head of Investor Relations & Director Investor Relationsno datano datano data
Andreas Mattsson
Executive Vice President of Legal & Strategic Projectsno datano data0.0072%
$ 161.5k
Paulina Ekvall
Executive Vice President of Human Resources & Communications7.8yrsno data0.0084%
$ 189.7k
Louise Bjarke
Head of Pressno datano datano data
Matthew Hirst
President of Europe1.3yrsno data0.011%
$ 250.2k
Ulrika Wedberg
Executive Vice President of Sustainability & Public Affairs1.3yrsno data0.0013%
$ 28.8k
Robert Pletzin
Head of Media Relationsless than a yearno datano data
Doug Schwartz
President of Billerud North Americaless than a yearno datano data

1.3yrs

Average Tenure

47yo

Average Age

Experienced Management: BLRD.F's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Magnus Nicolin
Independent Director2.5yrsSEK 580.00k0.0048%
$ 108.4k
Andreas Blaschke
Independent Directorless than a yearno datano data
Jan Svensson
Independent Chairman of the Board4.5yrsSEK 1.75m0.012%
$ 273.1k
Florian Heiserer
Director2.5yrsSEK 680.00k0.00080%
$ 18.0k
Victoria Van Camp
Independent Director7.5yrsSEK 605.00k0.0016%
$ 36.4k
Regi Aalstad
Independent Director1.5yrsSEK 680.00kno data
Nicklas Johansson
Employee Representative Director7.8yrsno datano data
Bo Knoos
Deputy Director7.8yrsno datano data
Per Bertilsson
Employee Representative Director3.8yrsno datano data
Magnus Axelsson
Deputy Director2.8yrsno data0.000050%
$ 1.1k

3.3yrs

Average Tenure

60yo

Average Age

Experienced Board: BLRD.F's board of directors are considered experienced (3.3 years average tenure).