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Torm Plc (TRMD)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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7.66-0.19 (-2.42%)
At close: 04:00PM EST

Torm Plc

Birchin Court
20 Birchin Lane
London EC3V 9DU
United Kingdom
44 2037 134 560
http://www.torm.com

Sector(s)Energy
IndustryOil & Gas Midstream
Full-time employees457

Key executives

NameTitlePayExercisedYear born
Mr. Jacob Balslev MeldgaardCEO & Exec. Director2.43MN/A1968
Mr. Kim BalleChief Financial OfficerN/AN/A1968
Mr. Jesper Sondergaard JensenSr. VP & Head of Technical DivisionN/AN/A1969
Mr. Finn Bjarke PetersenInvestor RelationsN/AN/AN/A
Mr. Lars Vang ChristensenSr. VP & Head of ProjectsN/AN/A1966
Mr. Morten AgdrupVP and Head of Corp. Fin. & StrategyN/AN/AN/A
Amounts are as of 31 December 2020, 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 USD.

Description

TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, naphtha, and diesel. As of March 1, 2021, it operated a fleet of approximately 80 vessels. The company was founded in 1889 and is based in London, the United Kingdom.

Corporate governance

Torm Plc’s ISS governance QualityScore as of 1 July 2021 is 9. The pillar scores are Audit: 7; Board: 9; Shareholder rights: 10; Compensation: 8.

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.