ClaimsØrsted

“an annual cash-based variable remuneration of 0-30% of the annual fixed salary with a target of 15%, and a long-term share-based remuneration with a target of 20% of the annual fixed salary.”

Ørsted 9 September 2020 Ørsted appoints Mads Nipper the next CEO of Ørsted (Ørsted) archived copy

Factual Their own work or organisation

Mads Nipper's package includes an annual cash-based variable remuneration of 0-30% of annual fixed salary with a 15% target, and long-term share-based remuneration with a target of 20% of annual fixed salary.

Resolved true The record shows it happened or was so.

Factual: Statements about the present or the past, checked against the record: did they hold up?

What would count as true or false

True if Ørsted's announced terms for Nipper's package include annual cash variable pay of 0–30% of fixed salary with a 15% target, and long-term share-based pay with a 20% target. Mostly true if one percentage is slightly different. Mixed if one of the two components is materially different. False if both differ.

Set before the research began.

Evidence (2)

  1. E1 Ørsted-formand: »Mads Nipper er den rigtige mand på det rigtige tidspunkt« finans.dk · 9 September 2020

    “en årlig kontant variabel bonus på 0-30 pct. af den årlige faste løn med en target-bonus på 15 pct. samt et langsigtet aktiebaseret honorar med et mål på 20 pct. af den årlige faste løn.”

  2. E2 Remuneration report 2020 Ørsted · 3 February 2021 Own record

    “Target of 15 % of the fixed base salary. The maximum bonus amounts to 30 % and will be paid out in case of full achievement of all performance targets.”

Reasoning

E1, an independent Danish business outlet reporting on the announcement day, gives the same package terms: a cash variable bonus of 0–30% of fixed salary with a 15% target, and long-term share-based pay with a 20% target. Ørsted's later remuneration report (E3) confirms an Executive Board scheme with a 15% STI target, a 30% maximum and a 20% LTI target, though it describes the general policy rather than Nipper's package specifically. Both components match the claim.

Cite this claim

Ørsted, “Mads Nipper's package includes an annual cash-based variable remuneration of 0-30% of annual fixed salary with a 15% target, and long-term share-based remuneration with a target of 20% of annual fixed salary.” (said 9 September 2020). Verdict: resolved true. Reliability API, claim c_5c99b7baec8b, method 0.1.0+7831dd9d, dataset release v1.1.2. https://epistacklabs.com/claims/c_5c99b7baec8b

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Ørsted, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

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All of them

Verdicts are made automatically; how verdicts are made.