TORM plc (0RG4.L)

104.01 -0.26 (-0.25%) As of 05:53PM BST. Market open.

TORM plc

Office 105
20 St Dunstan’s Hill
London EC3R 8HL
United Kingdom
44 20 3795 2794
https://www.torm.com

Sector(s): 
Industry: 
Full-time employees: 579

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jacob Balslev Meldgaard	CEO & Executive Director	17.52M	N/A	1968
Mr. Kim Balle	Chief Financial Officer	N/A	N/A	1968
Mr. Jesper Sondergaard Jensen	Senior VP & Head of Technical Division	N/A	N/A	1969
Mr. Mikael Bo Larsen	Head of Investor Relations	N/A	N/A	N/A
Mr. Lars Vang Christensen	Senior VP & Head of Projects	N/A	N/A	1966
Mr. Morten Agdrup	VP and Head of Corporate Finance & Strategy	N/A	N/A	N/A
Andreas Abildgaard-Hein	Vice President	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in DKK.

Description

TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom. It operates in two operating segments, Tanker and Marine Exhaust. The Tanker segment transports refined oil products, such as gasoline, jet fuel, kerosene, naphtha, and gas oil, as well as dirty petroleum products, including fuel oil. The Marine Exhaust segment engages in developing and producing advanced and green marine equipment. TORM plc was founded in 1889 and is based in London, the United Kingdom.

Corporate governance

TORM plc’s ISS governance QualityScore as of 1 April 2024 is 10. The pillar scores are Audit: 8; Board: 10; Shareholder rights: 10; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.