Danske Bank-bosses: We need to have a pay rise

It is expected that the board of directors in the largest Danish bank in the future to spend more time in their work. Therefore, they must also have a salary

Ann McDonald
Ann McDonald
21 February 2020 Friday 09:00
145 Reads
Danske Bank-bosses: We need to have a pay rise

It is expected that the board of directors in the largest Danish bank in the future to spend more time in their work.

Therefore, they must also have a salary increase of no less than 122.500 euros a year, which is equivalent to almost 25 percent.

It takes the board in each case.


It is one of the proposals, the bank's shareholders will be greeted with when 17. march will be held a general meeting at Danske Bank in the newly built K. B. Hallen, Frederiksberg, near Copenhagen.

In the agenda to be justified lønstigningsforslaget as follows:

'As a result of the increased demands and expectations from regulators and other stakeholders, the increased time spent on Danske Bank's business, both during and between meetings, the ceiling over how many directorships each board member must have, and finally, to ensure that Danske Bank will continue to be able to attract qualified candidates, proposes to the board of directors to raise the bestyrelseshonorarerne to the level of other comparable nordic banks'.

'the Board of directors therefore proposes an increase of the basic fee from 537.500 kr. to 660.000 kr. and the following multiples of the basic fee:

From Danske Bank's notice to the general meeting.


In the proposal for the new remuneration are also included, that the chairman of the board Karsten Dybvad in the future must have four times the basic fee - that is, a total of 2.6 million kronor and not 3.5 times the basic fee, as he will now be given.

It is the equivalent of the president Dybvads him to a salary increase of almost a half a million dollars (exactly 490.000 kroner).

Also to the deputy chairman's fee be raised from one and a half times a basic remuneration to twice the amount of the basic remuneration.

Updated: 21.02.2020 09:00