SRV Yhtiöt Oyj Management

Management criteria checks 2/4

SRV Yhtiöt Oyj's CEO is Saku Sipola, appointed in Sep 2019, has a tenure of 5.17 years. total yearly compensation is €616.23K, comprised of 78% salary and 22% bonuses, including company stock and options. directly owns 1.67% of the company’s shares, worth €1.45M. The average tenure of the management team and the board of directors is 3.8 years and 1.7 years respectively.

Key information

Saku Sipola

Chief executive officer

€616.2k

Total compensation

CEO salary percentage	78.0%
CEO tenure	5.2yrs
CEO ownership	1.7%
Management average tenure	3.8yrs
Board average tenure	1.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Saku Sipola's remuneration changed compared to SRV Yhtiöt Oyj's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-€1m
Jun 30 2024	n/a	n/a	-€9m
Mar 31 2024	n/a	n/a	-€14m
Dec 31 2023	€616k	€481k	-€17m
Sep 30 2023	n/a	n/a	-€25m
Jun 30 2023	n/a	n/a	-€13m
Mar 31 2023	n/a	n/a	€43m
Dec 31 2022	€631k	€439k	-€88m
Sep 30 2022	n/a	n/a	-€98m
Jun 30 2022	n/a	n/a	-€107m
Mar 31 2022	n/a	n/a	-€157m
Dec 31 2021	€605k	n/a	-€22m
Sep 30 2021	n/a	n/a	-€15m
Jun 30 2021	n/a	n/a	-€18m
Mar 31 2021	n/a	n/a	-€19m
Dec 31 2020	€645k	€445k	-€27m
Sep 30 2020	n/a	n/a	-€101m
Jun 30 2020	n/a	n/a	-€106m
Mar 31 2020	n/a	n/a	-€116m
Dec 31 2019	€145k	€145k	-€110m

Compensation vs Market: Saku's total compensation ($USD650.38K) is above average for companies of similar size in the German market ($USD476.59K).

Compensation vs Earnings: Saku's compensation has been consistent with company performance over the past year.

CEO

Saku Sipola (56 yo)

5.2yrs

Tenure

€616,231

Compensation

Mr. Saku Sipola, M.Sc. (Eng) (Tech) has been Chief Executive Officer and President of SRV Yhtiöt Oyj since September 1, 2019. Mr. Sipola served as Chief Executive Officer and President of SATO Oyj from Dec...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Saku Sipola	President & CEO	5.2yrs	€616.23k	1.67% € 1.4m
Jarkko Rantala	Chief Financial Officer	3.8yrs	no data	0.077% € 66.4k
Johanna Ylitalo	Manager of Communication	no data	no data	no data
Anu Tuomola	Senior VP & General Counsel	3.3yrs	no data	0.15% € 128.0k
Miia Eloranta	Senior Vice President of Communications & Marketing	3.8yrs	no data	0.15% € 128.0k
Kristiina Sotka	Senior Vice President of Human Resources	3.8yrs	no data	0.0059% € 5.1k
Kimmo Kurki	Senior Vice President of Counting & Procurement	4.8yrs	no data	0.079% € 68.1k
Jouni Forsman	Senior Vice President of Business Premises - Helsinki Metropolitan Area & Infrastructure	3.8yrs	no data	0.078% € 67.6k
Jorma Seppa	Senior Vice President of Housing in Helsinki Metropolitan Area	3.3yrs	no data	0.074% € 64.3k
Miimu Airaksinen	Senior Vice President of Development	3.2yrs	no data	0.074% € 64.0k
Hannu Lokka	Senior Vice President of Strategic Project Development	1.8yrs	no data	0.018% € 15.4k
Tero Karislahti	Senior Vice President of Regional Units	less than a year	no data	no data

3.8yrs

Average Tenure

52yo

Average Age

Experienced Management: B7J1's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hannu Leinonen	Independent Director	4.7yrs	€64.80k	0.29% € 249.6k
Heli Iisakka	Independent Director	3.7yrs	€44.40k	0.21% € 178.0k
Matti Ahokas	Independent Director	1.7yrs	€57.70k	0.038% € 32.7k
Ari Lehtoranta	Chairman of Board	less than a year	no data	no data
Tuomas Kokkila	Director	less than a year	no data	4.69% € 4.1m

1.7yrs

Average Tenure

58.5yo

Average Age

Experienced Board: B7J1's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.

SRV Yhtiöt Oyj Management

Management criteria checks 2/4

Key information

Recent management updates

SRV Group plc Announces Resignation of Kristiina Sotka as SVP Human Resources and A Member of Corporate Executive Team, on April 2025

SRV Group plc Announces Executive Changes

Srv Yhtiöt Oyj Announces Composition of Shareholders Nomination Board

SRV Yhtiöt Oyj, Annual General Meeting, Mar 27, 2025

SRV Group Plc Announces Resignation of Anu Tuomola as SVP, General Counsel and A Member of Corporate Executive Team

SRV Yhtiöt Oyj Announces Directorate Appointments

Recent updates

SRV Group plc Announces Resignation of Kristiina Sotka as SVP Human Resources and A Member of Corporate Executive Team, on April 2025

Third quarter 2024 earnings released: EPS: €0.04 (vs €0.51 loss in 3Q 2023)

SRV Group plc Announces Executive Changes

Srv Yhtiöt Oyj Announces Composition of Shareholders Nomination Board

SRV Yhtiöt Oyj, Annual General Meeting, Mar 27, 2025

SRV Yhtiöt Oyj to Report Fiscal Year 2024 Final Results on Mar 04, 2025

Second quarter 2024 earnings released: EPS: €0.012 (vs €0.28 loss in 2Q 2023)

SRV Group Plc Announces Resignation of Anu Tuomola as SVP, General Counsel and A Member of Corporate Executive Team

SRV Yhtiöt Oyj Provides Earnings Guidance for the Year 2024

First quarter 2024 earnings released: €0.01 loss per share (vs €0.15 loss in 1Q 2023)

SRV Yhtiöt Oyj Announces Directorate Appointments

Full year 2023 earnings released: €0.89 loss per share (vs €6.62 loss in FY 2022)

SRV Yhtiöt Oyj Provides Earnings Guidance for the Year 2024

SRV Yhtiöt Oyj Announces Change in Corporate Executive Team

SRV Yhtiöt Oyj Announces Board Resignations

SRV Yhtiöt Oyj Provides Consolidated Earnings Guidance for the Full Year 2023

Third quarter 2023 earnings released: €0.50 loss per share (vs €0.39 profit in 3Q 2022)

SRV Group Plc Announces Nomination Board Appointments

Geomare Investments Limited acquired SRV Russia Ltd. from SRV Yhtiöt Oyj (HLSE:SRV1V) for €4 million.

Srv Yhtiöt Oyj Appoints Tero Karislahti as Senior Vice President, Regional Units, Effective No Later Than 1 July 2024

SRV Yhtiöt Oyj to Report Nine Months, 2024 Results on Oct 24, 2024

Second quarter 2023 earnings released: €0.40 loss per share (vs €5.36 profit in 2Q 2022)

Srv Yhtiöt Oyj Announces Executive Changes

eQ Asset Management Ltd. acquired a Housing portfolio of two residential buildings in Tampere and Espoo from SRV Yhtiöt Oyj (HLSE:SRV1V) for €35 million.

Full year 2022 earnings released: €6.62 loss per share (vs €2.29 loss in FY 2021)

SRV Yhtiöt Oyj Provides Consolidated Earnings Guidance for the Year 2023

SRV Group Plc Announces Executive Changes

Geomare Investments Limited acquired a 72% stake in Jupiter Realty 1 B.V from SRV Yhtiöt Oyj for €4.3 million.

Third quarter 2022 earnings released: EPS: €0.39 (vs €0.61 loss in 3Q 2021)

SRV Group plc Lowers Revenue Guidance for 2022

SRV Yhtiöt Oyj Announces Composition Nomination Board

SRV Yhtiöt Oyj to Report Fiscal Year 2022 Results on Feb 02, 2023

SRV Group plc Announces Change in Management Team

Second quarter 2022 earnings released

SRV Yhtiöt Oyj Revises Consolidated Earnings Guidance for the Year 2022

UniInstitutional European Real Estate managed by Union Investment Real Estate GmbH completed the acquisition of Office project in Helsinki's Wood City district from SRV Yhtiöt Oyj (HLSE:SRV1V).

First quarter 2022 earnings released: €0.51 loss per share (vs €0.006 profit in 1Q 2021)

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

SRV Yhtiöt Oyj Provides Group Earnings Guidance for the Year 2022

Forecast breakeven date pushed back to 2022

Third quarter 2021 earnings released: €0.01 loss per share (vs €0.031 loss in 3Q 2020)

Forecast to breakeven in 2021

Senior Vice President of Housing in the Helsinki Metropolitan Area Kim Jolkkonen has left the company

Second quarter 2021 earnings released: EPS €0.007 (vs €0.02 in 2Q 2020)

Management Advisor Ilkka Pitkänen has left the company

First quarter 2021 earnings released

Independent Director has left the company

Independent Vice Chairman of the Board Olli-Pekka Kallasvuo has left the company

Full year 2020 earnings released: €0.15 loss per share (vs €1.85 loss in FY 2019)

Revenue misses expectations

Executive VP & Senior VP of Business Premises in the Helsinki Metropolitan Area has left the company

Full year 2020 earnings released: €0.15 loss per share (vs €1.85 loss in FY 2019)

Revenue misses expectations

SRV Yhtiöt Oyj Announces Board Changes

SRV Group Plc Announces Executive Changes

SRV Yhtiöt Oyj Announces Executive Changes

Third quarter earnings released

Third-quarter earnings released: Revenue misses expectations

New 90-day high: €0.57

SRV Yhtiöt Oyj Establishes Shareholders' Nomination Board

SRV Yhtiöt Oyj to Report Fiscal Year 2020 Results on Mar 05, 2021

SRV Yhtiöt Oyj to Report Fiscal Year 2020 Results on Feb 04, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age