Sitowise Group Oyj Management
Management criteria checks 3/4
Sitowise Group Oyj's CEO is Heikki Haasmaa, appointed in May 2022, has a tenure of 2.67 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 €201.60K. The average tenure of the management team and the board of directors is 2.3 years and 3.8 years respectively.
Key information
Heikki Haasmaa
Chief executive officer
€488.0k
Total compensation
| CEO salary percentage | 63.8% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.3yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -€2m |
| Jun 30 2024 | n/a | n/a | €437k |
| 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 ($USD503.45K) is about average for companies of similar size in the German market ($USD464.61K).
Compensation vs Earnings: Heikki's compensation has increased whilst the company is unprofitable.
CEO
Heikki Haasmaa (46 yo)
2.7yrs
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 | 2.7yrs | €488.04k | 0.20% € 201.6k | |
| Executive VP & CFO | 2.3yrs | no data | 0.056% € 57.6k | |
| Head of Investor Relations | no data | no data | no data | |
| Executive Vice President of Sustainability | 4.9yrs | no data | 0.054% € 55.3k | |
| Executive Vice President of Human Resources | 2.4yrs | no data | 0.050% € 51.8k | |
| Executive Vice President of Information Technology | no data | no data | 0.15% € 149.8k | |
| 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 | 1.7yrs | no data | 0.010% € 10.8k | |
| Executive Vice President for Sweden | less than a year | no data | no data |
2.3yrs
Average Tenure
47yo
Average Age
Experienced Management: 1FT's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 6yrs | €74.05k | 0.30% € 314.5k | |
| Independent Director | 1.8yrs | €24.08k | 0.0070% € 7.2k | |
| Vice Chair | 9yrs | €34.35k | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.8yrs | €22.88k | 0.0084% € 8.6k | |
| Independent Director | 8yrs | €31.95k | 0.056% € 57.6k | |
| Independent Director | 3.8yrs | €38.55k | 0.015% € 15.8k |
3.8yrs
Average Tenure
58.5yo
Average Age
Experienced Board: 1FT's board of directors are considered experienced (3.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 13:48 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Sitowise Group Oyj is covered by 5 analysts. 3 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 |
|---|---|
| Robin Nyberg | Carnegie Investment Bank AB |
| Johan Dahl | Danske Bank |
| Mika Karppinen | Danske Bank |