Ørsted Management

Management criteria checks 3/4

Ørsted's CEO is Mads Nipper, appointed in Jan 2021, has a tenure of 3.33 years. total yearly compensation is DKK23.00M, comprised of 66.9% salary and 33.1% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth $515.08K. The average tenure of the management team and the board of directors is 2 years and 3.2 years respectively.

Key information

Mads Nipper

Chief executive officer

kr.23.0m

Total compensation

CEO salary percentage	66.9%
CEO tenure	3.3yrs
CEO ownership	0.002%
Management average tenure	2yrs
Board average tenure	3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mads Nipper's remuneration changed compared to Ørsted's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-kr.21b
Dec 31 2023	n/a	n/a	-kr.21b
Sep 30 2023	n/a	n/a	-kr.21b
Jun 30 2023	n/a	n/a	kr.11b
Mar 31 2023	n/a	n/a	kr.12b
Dec 31 2022	kr.23m	kr.15m	kr.15b
Sep 30 2022	n/a	n/a	kr.18b
Jun 30 2022	n/a	n/a	kr.9b
Mar 31 2022	n/a	n/a	kr.15b
Dec 31 2021	kr.22m	kr.15m	kr.10b

Compensation vs Market: Mads's total compensation ($USD3.32M) is below average for companies of similar size in the US market ($USD13.59M).

Compensation vs Earnings: Mads's compensation has increased whilst the company is unprofitable.

CEO

Mads Nipper (57 yo)

3.3yrs

Tenure

kr.22,995,000

Compensation

Mr. Mads Nipper serves as Chief Executive Officer and Group President at Ørsted A/S since January 1, 2021 and also serves as Member of its Executive Board. He serves as Vice Chairman of the Board at FLSmid...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Daniel Lerup	Member of Executive Board	2.1yrs	kr.7.78m	0.0023% DKK 559.4k
Henriette Ellekrog	Executive VP	4.6yrs	kr.7.96m	0.0019% DKK 473.2k
Rasmus Errboe	Deputy CEO	less than a year	kr.960.00k	no data
Mads Nipper	CEO, Group President & Member of Executive Board	3.3yrs	kr.23.00m	0.0021% DKK 515.1k
Trond Westlie	CFO & Member of Executive Board	less than a year	no data	no data
Patrick Harnett	Executive VP & Chief Operations Officer	less than a year	no data	no data
Rasmus Haervig	Head of Investor Relations	2.1yrs	no data	no data
Anders Hansen	Senior VP & Head of Legal	1.5yrs	no data	no data
Martin Barlebo	Head of Communications	9.2yrs	no data	no data
Neil O'Donovan	Executive VP and Head of Strategy	2.8yrs	no data	no data
Ingrid Reumert	Senior VP & Head of Global Stakeholder Relations	2yrs	no data	no data
David Hardy	Executive VP & CEO of Region Americas	1.5yrs	no data	no data

2.0yrs

Average Tenure

54.5yo

Average Age

Experienced Management: DOGE.F's management team is considered experienced (2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Korsholm	Independent Director	7.2yrs	kr.520.00k	0.0019% DKK 480.6k
Dieter Wemmer	Independent Director	6.2yrs	kr.640.00k	0.00071% DKK 175.0k
Lene Skole-Sorensen	Independent Chair of the Board of Directors	9.2yrs	kr.900.00k	0.00052% DKK 128.2k
Mogens Vinther	Board Observer	no data	kr.75.00k	no data
Andrew Richard Brown	Deputy Chairman	1.2yrs	no data	no data
Benny Gøbel	Employee Representative Director	13.3yrs	kr.400.00k	0.00026% DKK 64.1k
Julia King	Independent Director	3.2yrs	kr.400.00k	no data
Michael Bruun	Board Observer	no data	no data	no data
Philippe Lenoble	Board Observer	no data	no data	no data
Cathrine Collet Yde	Employee Representative Director	2.1yrs	kr.400.00k	no data
Francisca Mandiola	Employee Representative Director	2.1yrs	kr.300.00k	no data
Florence Vallienne	Employee Representative Director	2.1yrs	kr.300.00k	no data

3.2yrs

Average Tenure

58.5yo

Average Age

Experienced Board: DOGE.F's board of directors are considered experienced (3.2 years average tenure).

Ørsted Management

Management criteria checks 3/4

Key information

Recent management updates

Ørsted A/S Appoints Rasmus Errboe as Deputy CEO and Chief Commercial Officer

Ørsted A/S Announces CFO Changes

Ørsted A/S Announces Board Resignations

Ørsted A/S Announces Board Appointments

Ørsted A/S Announces Change of CFO

Ørsted A/S Appoints Per Mejnert Kristensen as President of Region Asia Pacific

Recent updates

U.S. Department of Energy Selects Ørsted to Receive Industrial Decarbonization Funding

Ørsted A/S Appoints Rasmus Errboe as Deputy CEO and Chief Commercial Officer

Ørsted A/S Approves No Dividend Payment for the Financial Year 2023

Ørsted A/S Announces CFO Changes

Ørsted A/S Announces Board Resignations

Ørsted A/S Announces Board Appointments

Ørsted A/S to Report First Half, 2024 Results on Aug 15, 2024

Ørsted Secures 1.6 Gw Electricity Business License for Offshore Wind Project Off the Coast of Incheon, Korea

Ørsted Secures 1.6 Gw Electricity Business License for Offshore Wind Project Off the Coast of Incheon, Korea

Ørsted A/S Announces Change of CFO

Greencoat Capital LLP completed the acquisition of 25% stake in London Array Offshore Wind Farm in UK from Ørsted A/S (CPSE : ORSTED).

Greencoat UK Wind PLC (LSE:UKW), managed by Greencoat Capital LLP agreed to acquire a 25% stake in London Array Offshore Wind Farm in UK from Ørsted A/S (CPSE : ORSTED) for approximately £720 million.

Greencoat UK Wind PLC (LSE:UKW), managed by Greencoat Capital LLP agreed to acquire a 25% stake in London Array Offshore Wind Farm in UK from Ørsted A/S (CPSE : ORSTED) for approximately £720 million.

Ørsted A/S Recommends Dividend for the Year 2022

Ørsted A/S (CPSE:ORSTED) acquired remaining 55% stake in Liquid Wind AB.

Renewable Power Fund Plus LP managed by Energy Capital Partners, LLC acquired 862 MW Portfolio of Three Onshore Wind Farms and One Solar Farm in the US from Ørsted A/S (CPSE:ORSTED) for $410 million.

Ørsted A/S (CPSE:ORSTED) acquired OSTWIND Erneuerbare Energien GmbH, OSTWINDpark Rotmainquelle GmbH & Co. KG, STWIND International S.A.S and OSTWIND Engineering S.A.S. from Ostwind AG.

Ørsted A/S (CPSE:ORSTED) acquired Ballinrea solar PV project in Ireland from Terra Solar Limited.

Ørsted A/S Appoints Per Mejnert Kristensen as President of Region Asia Pacific

Ørsted Comments On Media Speculations Regarding Acquisition Of Ostwind

Ørsted A/S (CPSE:ORSTED) agreed to acquire 121 MW onshore wind farm in Ford County from funds managed by Ares Management Corporation (NYSE:ARES).

Ørsted Appoints Rasmus Keglberg Hærvig as Head of Investor Relations

Ørsted A/S Approves Dividend

Ørsted A/S (CPSE:ORSTED) acquired Scottish Floating Wind Development Project from Simply Blue Group and Subsea 7 S.A. (OB:SUBC).

Orsted Reportedly in Talks with AXA Consortium on UK Offshore Wind Farm Stake

Ørsted A/S Provides Earnings Guidance for the Year 2022

Ørsted Appoints Daniel Lerup as the Group Chief Financial Officer as of 8 April 2022

Ørsted A/S (CPSE:ORSTED) acquired 302 MW onshore wind farm in Morgan County, Illinois.

Ørsted A/S Completes Onshore Wind Project to Date

Ørsted Plans Carbon Capture At Avedøre Power Station as Part of the Green Fuels for Denmark Project

Ørsted A/S (CPSE:ORSTED) completed the acquisition of Onshore wind business of Brookfield Renewable in Ireland and UK from Brookfield Renewable Ireland Limited.

Government Pension Fund Global, managed by Norges Bank Investment Management completed the acquisition of 50% stake in 752 MW Borssele 1 & 2 Offshore Wind Farm from Ørsted A/S.

Ørsted Completes Permian Energy Center

Ørsted A/S Provides Earnings Guidance for the Full Year 2021

Aker Carbon Capture, Ørsted and Microsoft Commits to Explore Development of Carbon Capture

Ørsted A/S Announces Executive Changes

Ørsted and PGE Polska Grupa Energetyczna S.A. Forms 50-50 Joint Venture on Baltica 2 and 3

Ørsted Reorganises to Position for Future Growth

Ørsted Announces Management Changes, Effective from 4 February 2021

Ørsted A/S Revises Earnings Guidance for the 2020

Caisse de dépôt et placement du Québec and Cathay Private Equity Co., Ltd. entered into an agreement to acquire a 50% stake in 605 MW Greater Changhua 1 Offshore Wind Farm in Taiwan from Ørsted A/S (CPSE:ORSTED) for TWD 75 billion.

Ørsted and Amazon Sign Offshore Wind Corporate Power Purchase Agreement

Glencore Energy UK Ltd completed the acquisition of LNG Business of Ørsted A/S (CPSE:ORSTED).

Ørsted A/S to Report Nine Months, 2021 Results on Nov 03, 2021

North America's Building Trades Unions and Ørsted Sign MOU for U.S. Offshore Wind Workforce Transition

Ørsted and Yara Seek to Develop Green Ammonia Project in the Netherlands

Total Gas & Power Limited signed an agreement to acquire B2B-portfolio of natural gas and power customers in the UK from Ørsted A/S (CPSE:ORSTED).

Ørsted Announces Executive Changes

SEAS-NVE A.m.b.A. completed the acquisition of Danish power distribution, residential customer and City Light businesses of Ørsted A/S (CPSE:ORSTED).

Ørsted A/S (CPSE:ORSTED) agreed to acquire 227MWac Muscle Shoals solar project.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age