Sitowise Group Oyj Management
Management criteria checks 2/4
Sitowise Group Oyj's CEO is Heikki Haasmaa, appointed in May 2022, has a tenure of 2.17 years. total yearly compensation is €488.04K, comprised of 63.8% salary and 36.2% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth €205.10K. The average tenure of the management team and the board of directors is 1.8 years and 3.3 years respectively.
Key information
Heikki Haasmaa
Chief executive officer
€488.0k
Total compensation
| CEO salary percentage | 63.8% |
| CEO tenure | 2.2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.8yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | €3m |
| Dec 31 2023 | €488k | €311k | €6m |
| Sep 30 2023 | n/a | n/a | €9m |
| Jun 30 2023 | n/a | n/a | €11m |
| Mar 31 2023 | n/a | n/a | €10m |
| Dec 31 2022 | €320k | €207k | €8m |
Compensation vs Market: Heikki's total compensation ($USD529.04K) is about average for companies of similar size in the German market ($USD516.04K).
Compensation vs Earnings: Heikki's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Heikki Haasmaa (46 yo)
2.2yrs
Tenure
€488,040
Compensation
Mr. Heikki Haasmaa, M.Sc. served as a Senior Vice President of Maintenance Business at KONE Corporation since 2017. He has been Managing Director and Chief Executive Officer of Sitowise Group Oyj since May...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & CEO | 2.2yrs | €488.04k | 0.20% € 205.1k | |
| Executive VP & CFO | 1.8yrs | no data | 0.056% € 58.6k | |
| Head of Investor Relations | no data | no data | no data | |
| Executive Vice President of Sustainability | 4.4yrs | no data | 0.054% € 56.3k | |
| Executive Vice President of Human Resources | 1.9yrs | no data | 0.050% € 52.7k | |
| Executive Vice President of Information Technology | no data | no data | 0.15% € 152.4k | |
| Executive Vice President of Infrastructure Solutions | no data | no data | 1.0% € 1.0m | |
| Executive Vice President of Buildings Business Area | less than a year | no data | no data | |
| Executive Vice President of Digital Solutions | 1.2yrs | no data | 0.010% € 11.0k | |
| Executive Vice President for Sweden | less than a year | no data | no data |
1.8yrs
Average Tenure
47yo
Average Age
Experienced Management: 1FT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 5.5yrs | €74.05k | 0.30% € 320.0k | |
| Independent Director | 1.3yrs | €24.08k | 0.0070% € 7.3k | |
| Vice Chair | 8.5yrs | €34.35k | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.3yrs | €22.88k | 0.0084% € 8.8k | |
| Independent Director | 7.5yrs | €31.95k | 0.056% € 58.6k | |
| Independent Director | 3.3yrs | €38.55k | 0.015% € 16.1k |
3.3yrs
Average Tenure
58.5yo
Average Age
Experienced Board: 1FT's board of directors are considered experienced (3.3 years average tenure).