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Repair Windows errors before they cause bigger problemsFix Now →Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →No verified figure for Nils Smedegaard Andersen’s personal net worth is established by the authoritative company and institutional sources reviewed. His senior executive roles and the financial results of companies he led do not reveal his personal assets, debts, or net worth.
Is Nils Smedegaard Andersen’s net worth known?
A reliable personal net-worth total is not disclosed in the cited sources. That means a specific online estimate should not be treated as fact unless it is supported by verifiable information about his personal assets and liabilities. The reviewed company records document his career and corporate matters, not a personal balance sheet.
What is known about his career?
AkzoNobel’s nomination document describes Andersen as a Danish executive with an MSc in economics. It records that he was CEO and President of Carlsberg from 2001 to 2007, then Group CEO of A.P. Møller–Mærsk from 2007 to 2016. The document also proposed him for AkzoNobel’s Supervisory Board for 2018–2022; that dated proposal is not evidence of a current role. AkzoNobel nomination document
The World Economic Forum profile also outlines his career progression through Carlsberg and Maersk leadership roles. World Economic Forum profile
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Why Maersk’s financial figures are not his net worth
Maersk reported an underlying result of USD 3.1 billion for 2015. The company’s February 10, 2016 announcement identified Andersen as Group CEO and quoted him saying, “We are satisfied with the good operational performance across our businesses in 2015.” The result describes company performance; it is not Andersen’s compensation or personal wealth. Maersk’s 2015 annual report announcement
Maersk’s 2007 annual report disclosed DKK 152 million paid to the Management Board as a group. The report says that total included DKK 53 million connected with retirements and was affected by an increased number of Partners in Firmaet A.P. Møller. It does not identify DKK 152 million as Andersen’s individual pay, so it cannot be used to calculate his personal net worth. Maersk Annual Report 2007
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.When did Andersen leave Maersk?
Maersk’s 2016 annual report says Andersen stepped down from the company’s Management Board on July 1, 2016, and that Søren Skou succeeded him as Group CEO. Maersk Annual Report 2016
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- Author: Bungay Stanier, Michael.
- Publisher: Page Two
- Pages: 244
- Publication Date: 2016-02-29
- Edition: 1
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