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TORM plc

Office 105
20 St Dunstan’s Hill
London EC3R 8HL
United Kingdom
44 20 3795 2794

IndustryOil & Gas Midstream
Full-time employees446

Key executives

NameTitlePayExercisedYear born
Mr. Jacob Balslev MeldgaardCEO & Executive Director1.74MN/A1968
Mr. Kim BalleChief Financial OfficerN/AN/A1968
Mr. Jesper Sondergaard JensenSenior VP & Head of Technical DivisionN/AN/A1969
Andreas Abildgaard-HeinVice President, Head of Group Treasury & Investor RelationsN/AN/AN/A
Mr. Lars Vang ChristensenSenior VP & Head of ProjectsN/AN/A1966
Mr. Morten AgdrupVP and Head of Corporate Finance & StrategyN/AN/AN/A
Amounts are as of 31 December 2022, 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.


TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. It operates in two operating segments, Tanker and Marine Exhaust. The company transports gasoline, jet fuel, naphtha, and gas oil, as well as dirty petroleum products, such as fuel oil. It also engages in developing and producing advanced and green marine equipment. The company was founded in 1889 and is based in London, the United Kingdom.

Corporate governance

TORM plc’s ISS governance QualityScore as of 1 December 2023 is 10. The pillar scores are Audit: 9; Board: 10; Shareholder rights: 10; Compensation: 10.

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.