Corporate structure & governance
Royal Greenland is a network of locations, cultures and functions – together we maximize the commercial value of seafood from the North Atlantic
Royal Greenland is a large and complex organisation with subsidiaries in a number of countries around the world. In this section, you can learn more about the Royal Greenland Group.
Executive Board compensation
In addition to the fixed salary, the Group Executive Board can earn a performance-based bonus.
The Executive Board members also receive a free company vehicle, telephone, Internet and newspaper subscription.The Executive Board do not have any pension, severance or retention schemes.
However, this year’s bonus severance pay to Mikael Thinghuus amounts to TDKK 4,496.
Group Production Director Lars Nielsen is subject to 18 months’ notice of termination by the company,
and must himself give six months’ notice of resignation.
The other executive directors are subject to 12 months’ notice of termination by the company,
and must themselves give six months’ notice of resignation.
CEO Mikael Thinghuus resigned on 30 September 2022.
CEO Susanne Arfelt Rajamand took up the position on 1 February 2023.
Notifications from Management
Below you will find documents stating significant organisational changes in the form of notifications to the Danish Commerce and Companies Agency pursuant to Section 157b of the Companies Act in the form that the Act applies to Greenland.
- Interim report 2023.pdf
- Annual report 2022
- Interim report 2022.pdf
- Annual report 2021
- Interim report 2021.pdf
- Annual report 2020
- Interim report 2020.pdf
- Annual report 2019
- Interim Report 2019
- Annual report 2018
- Interim Report 2018
- Annual report 2017
- Interim Report 2017
- Annual Report 2015-16
- Interim Report 2015-16
- Annual Report 2014-15
- Interim Report 2014-15
- Annual Report 2013-14
- Interim Report 2013-14
- Annual Report 2012-13
- Notice of Sale - Whv June 2013
- Interim Report 2012-13
- Annual Report 2011-12
- Interim Report 2011-12
- Annual Report 2010-11
- Interim report 2010-11
- Annual Report 2009-10
- September 2010 - New CEO
Articles of association
Below, the current Articles of Association of the parent company Royal Greenland A/S are presented.
Ownership and associated companies
Royal Greenland is a limited liability company and 100 % of its shares are owned by the Greenlandic Government. Below is a summary of the companies owned or partly owned by the parent company, Royal Greenland A/S.
* Members elected by the employees
The total remuneration to the company’s board of directors amounted to DKK 2.2 million in 2019.