Raisio Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Pekka Kuusniemi

Chief executive officer

€768.9k

Total compensation

CEO salary percentage	69.3%
CEO tenure	6.4yrs
CEO ownership	n/a
Management average tenure	1.9yrs
Board average tenure	9.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pekka Kuusniemi's remuneration changed compared to Raisio's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	€18m
Sep 30 2023	n/a	n/a	€19m
Jun 30 2023	n/a	n/a	€17m
Mar 31 2023	n/a	n/a	€16m
Dec 31 2022	€769k	€533k	€13m
Sep 30 2022	n/a	n/a	€12m
Jun 30 2022	n/a	n/a	€13m
Mar 31 2022	n/a	n/a	€13m
Dec 31 2021	€742k	€532k	€18m
Sep 30 2021	n/a	n/a	€19m
Jun 30 2021	n/a	n/a	€22m
Mar 31 2021	n/a	n/a	€26m
Dec 31 2020	€712k	€507k	€23m
Sep 30 2020	n/a	n/a	€22m
Jun 30 2020	n/a	n/a	€22m
Mar 31 2020	n/a	n/a	€24m
Dec 31 2019	€604k	€505k	€26m

Compensation vs Market: Pekka's total compensation ($USD822.49K) is about average for companies of similar size in the German market ($USD1.02M).

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

CEO

Pekka Kuusniemi (55 yo)

6.4yrs

Tenure

€768,862

Compensation

Mr. Pekka Kuusniemi is Chairman of the Board of Directors of Koskisen Oyj from May 11, 2023. He has been a Member of the Supervisory Board at Keskinäinen työeläkevakuutusyhtiö Varma since March 15, 2018. H...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Pekka Kuusniemi	CEO & President	6.4yrs	€768.86k	no data
Mika Saarinen	Chief Financial Officer	2.8yrs	no data	no data
Virpi Aaltonen	Chief Operating Officer	3.3yrs	no data	no data
Sari Koivulehto-Makitalo	Chief Legal Officer of Legal Affairs & Corporate Responsibility	no data	no data	no data
Annika Bostrom-Kumlin	Chief Marketing Officer	less than a year	no data	no data
Mikko Lindqvist	Chief Sales Officer	less than a year	no data	no data
Olavi Erkinjuntti	Chief Development Officer	less than a year	no data	no data
Reetta Andolin	Chief Innovation Officer	less than a year	no data	no data
Aija Immonen	Secretary of the Board	6yrs	no data	no data

1.9yrs

Average Tenure

47.5yo

Average Age

Experienced Management: RATV's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Urban Silen	Member of Supervisory Board	21.3yrs	€350.00	no data
Yrjo Ojaniemi	Member of Supervisory Board	22.3yrs	€1.05k	no data
Juha Salonen	Members of Supervisory Board	14.1yrs	€350.00	no data
Tero Hemmila	Director	no data	no data	no data
Leena Niemisto	Independent Director	7.1yrs	€38.00k	no data
Ann-Christine Sundell	Independent Deputy Chairman	9.1yrs	€39.80k	no data
Juha Marttila	Member of Supervisory Board	11.1yrs	€1.40k	no data
Mervi Soupas	Member of Supervisory Board	11.3yrs	€700.00	no data
Tuomas Levomaki	Chairman of Supervisory Board	9.1yrs	€2.80k	no data
Pekka Tennilä	Independent Director	5.1yrs	€34.60k	no data
Arto Tiitinen	Independent Chairman of the Board	5.1yrs	€36.60k	no data
Lauri Sipponen	Independent Director	1.3yrs	no data	no data

9.1yrs

Average Tenure

56yo

Average Age

Experienced Board: RATV's board of directors are considered experienced (9.1 years average tenure).

Raisio Management

Management criteria checks 3/4

Key information

Recent management updates

Raisio plc Announces Board Appointments

Raisio plc Appoints Pasi Flinkman as Chief Executive Officer, Effective from June 15, 2024

Raisio plc Announces Resignation of Pekka Kuusniemi as CEO, Effective June 15, 2024

Raisio plc Appoints Tuomas Levomäki as Chairman of Supervisory Board

Insufficient new directors

Raisio plc, Annual General Meeting, Apr 20, 2023

Recent updates

Raisio plc Announces Board Appointments

Upcoming dividend of €0.14 per share

Full year 2023 earnings released: EPS: €0.11 (vs €0.079 in FY 2022)

Raisio plc Appoints Pasi Flinkman as Chief Executive Officer, Effective from June 15, 2024

Raisio plc Proposes Dividend, Payable on 18 April 2024

Raisio plc Announces Resignation of Pekka Kuusniemi as CEO, Effective June 15, 2024

Full year 2023 earnings released: EPS: €0.11 (vs €0.079 in FY 2022)

Raisio plc to Report Fiscal Year 2023 Final Results on Mar 14, 2024

Raisio plc Revises Earnings Guidance for the Year 2023

Third quarter 2023 earnings released

Raisio plc to Report Nine Months, 2024 Results on Nov 05, 2024

Raisio plc Revises Earnings Guidance for the Year 2023

Second quarter 2023 earnings released

Raisio plc Revises Earnings Guidance for the Year 2023

Raisio plc Revises Earnings Guidance for the Year 2023

Raisio plc Appoints Tuomas Levomäki as Chairman of Supervisory Board

Now 21% undervalued after recent price drop

Raisio plc Provides Earnings Guidance for the Year 2023

First quarter 2023 earnings released

Now 20% undervalued after recent price drop

Upcoming dividend of €0.14 per share at 5.4% yield

Full year 2022 earnings released: EPS: €0.078 (vs €0.13 in FY 2021)

Raisio plc to Report Fiscal Year 2022 Final Results on Mar 22, 2023

Insufficient new directors

Third quarter 2022 earnings released

Raisio plc Provides Earnings Guidance for 2022

Raisio plc, Annual General Meeting, Apr 20, 2023

Second quarter 2022 earnings released

Raisio plc Provides Earnings Guidance for the Year 2022

Raisio plc Reinitiates its Financial Guidance for 2022

Insufficient new directors

Raisio plc Reports Impairment Charges for the First Quarter of 2022

Copacker Agro Ltd completed the acquisition of Raisio Nutrition Limited from Raisio plc (HLSE:RAIVV).

Raisio plc Approves Dividend for the Year 2021, Payable on April 26, 2022

Raisio Oyj: Raisio plc Withdraws Financial Guidance for 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Raisio plc to Report Fiscal Year 2021 Final Results on Mar 17, 2022

Raisio plc Provides Net Sales Guidance for the Fiscal Year 2022

Now 20% undervalued after recent price drop

Third quarter 2021 earnings released

Second quarter 2021 earnings released: EPS €0.03 (vs €0.05 in 2Q 2020)

Chief Financial Officer Toni Rannikko has left the company

Raisio plc to Launch Significant New Plant-Based Products

First quarter 2021 earnings released

Raisio plc Provides Earnings Guidance for the Year 2021

Independent Chairman of the Board Ilkka Makela has left the company

Upcoming dividend of €0.13 per share

Full year 2020 earnings released: EPS €0.15 (vs €0.16 in FY 2019)

Revenue beats expectations

New 90-day high: €3.70

Ilkka Mäkelä Will Not Be Available for Re-Election to the Board of Directors of Raisio plc

Full year 2020 earnings released: EPS €0.15 (vs €0.16 in FY 2019)

Revenue beats expectations

New 90-day high: €3.51

New 90-day high: €3.31

Raisio Announces Change of Chief Operating Officer, as of 14 December 2020

New 90-day high: €3.18

Revenue misses expectations

Raisio Reinstates Earnings Guidance for the Full Year of 2020

Raisio Group Announces Resignation of Jukka Heinänen as Chief Operating Officer of Healthy Ingredients Unit and Operations

Raisio plc to Report First Half, 2021 Results on Aug 04, 2021

Raisio Withdraws Guidance for 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age