Fortum Oyj Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Markus Rauramo
Chief executive officer
€2.7m
Total compensation
| CEO salary percentage | 57.4% |
| CEO tenure | 3yrs |
| CEO ownership | 0.01% |
| Management average tenure | 2.3yrs |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | €2b |
| Dec 31 2022 | €3m | €2m | €1b |
| Sep 30 2022 | n/a | n/a | -€1b |
| Jun 30 2022 | n/a | n/a | €1b |
| Mar 31 2022 | n/a | n/a | €3b |
| Dec 31 2021 | €4m | €2m | €4b |
| Sep 30 2021 | n/a | n/a | €4b |
| Jun 30 2021 | n/a | n/a | €1b |
| Mar 31 2021 | n/a | n/a | €2b |
| Dec 31 2020 | €2m | €808k | €2b |
Compensation vs Market: Markus's total compensation ($USD3.00M) is below average for companies of similar size in the Swiss market ($USD6.38M).
Compensation vs Earnings: Markus's compensation has been consistent with company performance over the past year.
CEO
Markus Rauramo (55 yo)
3yrs
Tenure
€2,699,000
Compensation
Mr. Markus Heikki Erdem Rauramo, M. Sc. (Econ. and Pol.Hist.), served as the Chairman of Supervisory Board at Uniper SE since March 29, 2021. He has been Independent Director of Sampo Oyj since May 19, 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 3yrs | €2.70m | 0.013% CHF 1.4m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Head of Corporate Financial Services Unit | 16.1yrs | no data | no data | |
| Vice President of Investor Relations & Financial Communications | no data | no data | no data | |
| Executive VP of Legal | 2.2yrs | no data | 0.00018% CHF 19.4k | |
| Head of Publicity & Communications | no data | no data | no data | |
| Executive Vice President of People & Procurement | 2.2yrs | no data | 0.00031% CHF 33.4k | |
| Head of the Russia Division | 13.8yrs | no data | no data | |
| Executive Vice President of Consumer Solutions | 6.2yrs | no data | 0.0023% CHF 247.6k | |
| Executive VP of Generation Division and Corporate Customers & Markets Business Unit | 2.3yrs | no data | 0.00076% CHF 81.8k | |
| Executive Vice President of Sustainability & Corporate Relations | 2yrs | no data | 0.00038% CHF 40.9k | |
| VP and Head of Corporate M&A | no data | no data | no data |
2.3yrs
Average Tenure
55yo
Average Age
Experienced Management: FOT's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 3.3yrs | €117.00k | 0.00025% CHF 26.9k | |
| Independent Director | less than a year | no data | no data | |
| Independent Chair | less than a year | no data | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.3yrs | €90.00k | 0.00025% CHF 26.9k | |
| Independent Deputy Chair | 5.3yrs | €135.00k | 0.00032% CHF 34.4k | |
| Independent Director | 2.3yrs | €102.00k | 0.00025% CHF 26.9k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
0.3yrs
Average Tenure
57yo
Average Age
Experienced Board: FOT's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/07/24 15:02 |
| End of Day Share Price | 2023/04/26 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Fortum Oyj is covered by 47 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pierre-Yves Gauthier | AlphaValue |
| Juan Rodriguez | AlphaValue |
| Peter Crampton | Barclays |