NKT A/S (NKT.CO)

321.00 -8.20 (-2.49%) At close: 04:59PM CET

NKT A/S

Vibeholms AllE 20
Brøndby 2605
Denmark
45 43 48 20 00
https://www.nkt.com

Sector(s): Industrials
Industry: Electrical Equipment & Parts
Full-time employees: 4,029

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Alexander Kara	Pres & CEO	1.99M	N/A	1961
Ms. Line Andrea Fandrup	Exec. VP & CFO	789.18k	N/A	1979
Mr. Anders Jensen	Exec. VP & CTO	N/A	N/A	1964
Mr. Michael Nass Nielsen	Head of Investor Relations	N/A	N/A	N/A
Mr. Janus Hillerup	Sr. VP of Corp. Affairs & Gen. Counsel	N/A	N/A	1978
Helle Gudiksen	Head of Group Communications	N/A	N/A	N/A
Ms. Kira Johnson	Exec. VP & Chief HR Officer	N/A	N/A	1974
Mr. Michael C. Hjorth	Exec. VP & Chief Commercial Officer of HV Solutions	N/A	N/A	1966
Mr. Mika Makela	Exec. VP & Head of HV Solutions Cologne	N/A	N/A	1981
Mr. Claes Westerlind	Exec. VP & Head of HV Solutions Karlskrona	N/A	N/A	1982

Amounts are as of 31 December 2021, 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

NKT A/S develops, manufactures, and markets cables, accessories, and solutions worldwide. It operates through Solutions, Applications, Service & Accessories, and NKT Photonics segments. It offers high voltage cable solutions, including high voltage onshore and offshore AC and DC, city, and dynamic cables; medium voltage and universal cables; and low voltage building wires, flexible cables and conduits, control cables, 1 kV cables, and telecom energy cables. The company also provides high voltage cable accessories, such as GIS/transformer, low pressure oil filled cable system, outdoor terminations, wind power applications, and transition joints; medium voltage cable accessories, which include medium voltage cable joints, cable connectors, voltage terminations, cable branch cabinets, paper-insulated lead sheath cables, and pre-assembled cable links. In addition, it offers onshore cable services comprising of repair preparedness, monitoring solutions, maintenance, spare parts management, resources on call, and cable jointing and termination; offshore cable services consisting of marine resource plan; high voltage testing services; and oil and gas cable competence center services, as well as provides technology consulting services. The company was formerly known as NKT Holding A/S and changed its name to NKT A/S in May 2017. NKT A/S was founded in 1891 and is headquartered in Brøndby, Denmark.

Corporate governance

NKT A/S’s ISS governance QualityScore as of 1 February 2023 is 2. The pillar scores are Audit: 6; Board: 4; Shareholder rights: 1; Compensation: 1.

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.