Tulikivi Management
Management criteria checks 4/4
Tulikivi's CEO is Heikki Vauhkonen, appointed in Aug 2013, has a tenure of 11.25 years. total yearly compensation is €272.33K, comprised of 74.9% salary and 25.1% bonuses, including company stock and options. directly owns 10.45% of the company’s shares, worth €2.65M. The average tenure of the management team and the board of directors is 9.8 years and 6.1 years respectively.
Key information
Heikki Vauhkonen
Chief executive officer
€272.3k
Total compensation
| CEO salary percentage | 74.9% |
| CEO tenure | 11.3yrs |
| CEO ownership | 10.5% |
| Management average tenure | 9.8yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €1m |
| Jun 30 2024 | n/a | n/a | €2m |
| Mar 31 2024 | n/a | n/a | €3m |
| Dec 31 2023 | €272k | €204k | €4m |
| Sep 30 2023 | n/a | n/a | €6m |
| Jun 30 2023 | n/a | n/a | €6m |
| Mar 31 2023 | n/a | n/a | €6m |
| Dec 31 2022 | €262k | €197k | €5m |
| Sep 30 2022 | n/a | n/a | €3m |
| Jun 30 2022 | n/a | n/a | €3m |
| Mar 31 2022 | n/a | n/a | €2m |
| Dec 31 2021 | €257k | €194k | €2m |
| Sep 30 2021 | n/a | n/a | €2m |
| Jun 30 2021 | n/a | n/a | €1m |
| Mar 31 2021 | n/a | n/a | €737k |
| Dec 31 2020 | €254k | €191k | €237k |
| Sep 30 2020 | n/a | n/a | -€743k |
| Jun 30 2020 | n/a | n/a | -€1m |
| Mar 31 2020 | n/a | n/a | -€1m |
| Dec 31 2019 | €250k | €187k | -€2m |
| Sep 30 2019 | n/a | n/a | -€2m |
| Jun 30 2019 | n/a | n/a | -€2m |
| Mar 31 2019 | n/a | n/a | -€2m |
| Dec 31 2018 | €242k | €185k | -€2m |
| Sep 30 2018 | n/a | n/a | -€1m |
| Jun 30 2018 | n/a | n/a | -€741k |
| Mar 31 2018 | n/a | n/a | -€941k |
| Dec 31 2017 | €242k | €183k | -€1m |
Compensation vs Market: Heikki's total compensation ($USD285.46K) is below average for companies of similar size in the German market ($USD477.27K).
Compensation vs Earnings: Heikki's compensation has been consistent with company performance over the past year.
CEO
Heikki Vauhkonen (54 yo)
11.3yrs
Tenure
€272,330
Compensation
Mr. Heikki Vauhkonen, LLB, BBA has been the Managing Director of Tulikivi Corporation since August 23, 2013 and has been its Member of Management Group 2001 and serves as its Chief Executive Officer. Mr. V...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 11.3yrs | €272.33k | 10.45% € 2.7m | |
| Director of Finance & Administration | 11.3yrs | no data | 2.69% € 682.7k | |
| Sales Director of Finland | 9.8yrs | no data | 0.026% € 6.6k | |
| Managing Director of Nordic Talc Oy | 2.2yrs | no data | no data | |
| Head of the Sauna Business | less than a year | no data | no data | |
| Secretary | no data | €6.26k | no data |
9.8yrs
Average Tenure
55.5yo
Average Age
Experienced Management: TUZA's management team is seasoned and experienced (9.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 23.8yrs | €272.33k | 10.45% € 2.7m | |
| Independent Director | 9.6yrs | €75.33k | 0.071% € 18.1k | |
| Independent Director | 3.6yrs | €22.32k | 0.033% € 8.5k | |
| Independent Director | 2.6yrs | €23.64k | no data | |
| Independent Director | 8.6yrs | €21.33k | 0.32% € 82.4k | |
| Director | less than a year | no data | no data |
6.1yrs
Average Tenure
54yo
Average Age
Experienced Board: TUZA's board of directors are considered experienced (6.1 years average tenure).