Borregaard ASA (BRRDF)

17.40 0.00 (0.00%) At close: 12:41PM EDT

Borregaard ASA

Hjalmar Wessels vei 6
PO Box 162
Sarpsborg 1701
Norway
47 69 11 80 00
https://www.borregaard.com

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full-time employees: 1,127

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Per Arthur Sørlie	President & CEO	680.04k	593.99k	1957
Mr. Per Bjarne Lyngstad	Chief Financial Officer	349.07k	198k	1961
Mr. Rolf Sveinung Heggen	General Counsel	309.13k	253.22k	1958
Mr. Dag Arthur Aasbø	Senior Vice President of Organisation & Public Affairs	275.57k	128.7k	1961
Mr. Tom Erik Foss-Jacobsen	Executive Vice President of BioSolutions	428.3k	N/A	1969
Mr. Gisle Løhre Johansen	Executive Vice President of Speciality Cellulose & Fine Chemicals	329.76k	188.65k	1959
Ms. Kristin Misund	Senior Vice President of R&D and Business Development	285.19k	N/A	1965
Ms. Liv Longva	Senior Vice President of Procurement & Strategic Sourcing	277.24k	N/A	1969
Mr. Knut-Harald Bakke	Director of Investor Relations	N/A	N/A	N/A
Ms. Tuva Barnholt	Senior Vice President of Strategic Sourcing	141.26k	N/A	1962

Amounts are as of 31 December 2023, 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

Borregaard ASA engages in the development, production, and marketing of specialized biomaterials and biochemicals in Norway, rest of Europe, the United States, Asia, and internationally. It operates in three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment develops, produces, and sells biopolymers for various applications, such as agrochemicals, batteries, industrial binders, and construction; and biovanillin for flavor and fragrance companies, as well as for food and beverage industry. The BioMaterials segment offers specialty cellulose for use as a raw material in the production of cellulose ethers, cellulose acetate, and other specialty products; and cellulose fibrils for industrial applications. The Fine Chemicals segment provides fine chemical intermediates for contrast agents; and advanced bioethanol products. Borregaard ASA was incorporated in 2012 and is headquartered in Sarpsborg, Norway.

Corporate governance

Borregaard ASA’s ISS governance QualityScore as of 29 April 2024 is 2. The pillar scores are Audit: 5; Board: 4; Shareholder rights: 1; Compensation: 1.

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.