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% € 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% € 19.4k | |
| Head of Publicity & Communications | no data | no data | no data | |
| Executive Vice President of People & Procurement | 2.2yrs | no data | 0.00031% € 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% € 247.6k | |
| Executive VP of Generation Division and Corporate Customers & Markets Business Unit | 2.3yrs | no data | 0.00076% € 81.8k | |
| Executive Vice President of Sustainability & Corporate Relations | 2yrs | no data | 0.00038% € 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% € 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% € 26.9k | |
| Independent Deputy Chair | 5.3yrs | €135.00k | 0.00032% € 34.4k | |
| Independent Director | 2.3yrs | €102.00k | 0.00025% € 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.