Demant CEO's wages barely changed in Covid-stricken year

In 2020, Demant President & CEO Søren Nielsen's basic payment dropped a little, whereas his share-based compensation rose, securing him the barest hint of a pay raise.
Demant CEO Søren Nielsen | Photo: Niels Hougaard/ERH
Demant CEO Søren Nielsen | Photo: Niels Hougaard/ERH
BY RITZAU FINANS, TRANSLATED BY NIELSINE NIELSEN

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.

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