Demant's top executive, Søren Nielsen, had a pay raise of about 0.7 percent last year, according to the Danish hearing aid firm's 2020 fiscal report, published Tuesday morning.
Altogether, the CEO's salary dropped DKK 200,000 (USD 32,581) to DKK 11.9m, while his stock-based compensation rose to DKK 2.9m from DKK 2.2m.
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