Kamux Oyj Management

Management criteria checks 1/4

Kamux Oyj's CEO is Tapio Pajuharju, appointed in Jan 2023, has a tenure of 1.25 years. total yearly compensation is €738.99K, comprised of 47.8% salary and 52.2% bonuses, including company stock and options. directly owns 0.086% of the company’s shares, worth €189.06K. The average tenure of the management team and the board of directors is 1.8 years and 2 years respectively.

Key information

Tapio Pajuharju

Chief executive officer

€739.0k

Total compensation

CEO salary percentage	47.8%
CEO tenure	1.3yrs
CEO ownership	0.09%
Management average tenure	1.8yrs
Board average tenure	2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tapio Pajuharju's remuneration changed compared to Kamux Oyj's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€739k	€353k	€10m
Sep 30 2023	n/a	n/a	€7m
Jun 30 2023	n/a	n/a	€6m
Mar 31 2023	n/a	n/a	€7m
Dec 31 2022	€30k	n/a	€11m
Sep 30 2022	n/a	n/a	€18m
Jun 30 2022	n/a	n/a	€22m
Mar 31 2022	n/a	n/a	€20m
Dec 31 2021	€30k	n/a	€20m

Compensation vs Market: Tapio's total compensation ($USD791.97K) is about average for companies of similar size in the German market ($USD691.02K).

Compensation vs Earnings: Tapio's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Tapio Pajuharju (60 yo)

1.3yrs

Tenure

€738,987

Compensation

Mr. Tapio Pajuharju, M.Sc.(Econ.), is CEO of Kamux Oyj from 2023. He has been an Independent Chairman at Eezy Oyj (formerly known as VMP Oyj) ( also known as VMP Group Oy; VMP Plc) since August 23, 2019 an...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Tapio Pajuharju	Chief Executive Officer	1.3yrs	€738.99k	0.086% € 189.1k
Juha Kalliokoski	Founder & Director	21.3yrs	€432.02k	14.78% € 32.6m
Jukka Havia	Chief Financial Officer	less than a year	no data	no data
Katariina Hietaranta	Head of Communications	no data	no data	no data
Aino Hokeberg	Chief Marketing & Concept Officer	less than a year	no data	no data
Marjo Nurmi	Chief People & Sustainability Officer	3.2yrs	no data	0.0034% € 7.4k
Juha Saarinen	Chief Sourcing Officer	2yrs	no data	0.0050% € 11.1k
Jarkko Lehtismaki	Chief Digital Officer of Development and Management of Digital & ICT Infrastructure	1.6yrs	no data	0.040% € 88.5k
Jani Koivu	Managing Director of Kamux Finland	no data	no data	0.060% € 131.9k
Martin Verrelli	Managing Director of Kamux Germany	no data	no data	0.0011% € 2.5k
Andy Rietschel	Managing Director of Kamux Sweden	no data	no data	no data
Milla Kärpänen	Group Controller	7.7yrs	no data	no data

1.8yrs

Average Tenure

49yo

Average Age

Experienced Management: 4K8's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Juha Kalliokoski	Founder & Director	less than a year	€432.02k	14.78% € 32.6m
Terho Kalliokoski	Independent Chairman of the Board	2yrs	€70.50k	0.21% € 468.1k
Harri Sivula	Independent Vice Chairman of the Board	6.9yrs	€31.00k	0.11% € 250.7k
Kati Riikonen	Independent Director	no data	no data	no data
Antti Makela	Independent Director	4yrs	€33.50k	0.093% € 206.0k
Maren Kroll	Independent Director	no data	no data	no data
Jaana Viertola-Truini	Independent Director	2yrs	€30.00k	0.0095% € 20.9k

2.0yrs

Average Tenure

52.5yo

Average Age

Experienced Board: 4K8's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Kamux Oyj Management

Management criteria checks 1/4

Key information

Recent management updates

Juha Saarinen, Chief Sourcing Officer and Member of the Group Management Team Decides to Leave Kamux

Kamux Oyj Announces Chief Financial Officer Changes

Kamux Oyj Announces Resignation of Marko Lehtonen as Cfo, Effective February 23, 2024

Kamux Oyj Announces Resignation of Marko Lehtonen as Cfo, Effective February 23, 2024

Kamux Corporation Appoints Andy Rietschel as Kamux's Country Director for Sweden, Effective January 1, 2024

Aino Hökeberg Appoints as Kamux Ojy's Chief Marketing and Concept Officer, Effective January 1, 2024

Recent updates

Dividend of €0.10 announced

Kamux Corporation Approves Second Dividend Instalment, Payable on October 31, 2024

Juha Saarinen, Chief Sourcing Officer and Member of the Group Management Team Decides to Leave Kamux

Final dividend of €0.07 announced

Kamux Oyj (HLSE:KAMUX) commences an Equity Buyback Plan for 2,000,000 shares, representing 5% of its issued share capital, under the authorization approved on April 20, 2024.

Full year 2023 earnings released: EPS: €0.24 (vs €0.27 in FY 2022)

Kamux Oyj to Report Q4, 2023 Results on Mar 01, 2024

Kamux Oyj Announces Chief Financial Officer Changes

Kamux Oyj Announces Resignation of Marko Lehtonen as Cfo, Effective February 23, 2024

Kamux Oyj Announces Resignation of Marko Lehtonen as Cfo, Effective February 23, 2024

Kamux Corporation Appoints Andy Rietschel as Kamux's Country Director for Sweden, Effective January 1, 2024

Kamux Relocates Two Showrooms in Germany

Investor sentiment improves as stock rises 15%

Kamux Oyj to Report Q1, 2024 Results on May 17, 2024

Upcoming dividend of €0.10 per share at 2.8% yield

Aino Hökeberg Appoints as Kamux Ojy's Chief Marketing and Concept Officer, Effective January 1, 2024

Chief Executive Officer recently bought €59k worth of stock

Second quarter 2023 earnings released: EPS: €0.06 (vs €0.073 in 2Q 2022)

Kamux Oyj Announces Resignation of Kerim Nielsen as Country Director for Sweden and Member of the Group Management Team

Insider recently bought €52k worth of stock

First quarter 2023 earnings released

Upcoming dividend of €0.05 per share at 2.8% yield

Now 21% undervalued

Full year 2022 earnings released: EPS: €0.27 (vs €0.49 in FY 2021)

Kamux Oyj Lowers Its Revenue Outlook for the Year 2022

High number of new directors

Kamux Oyj to Report Fiscal Year 2022 Results on Mar 27, 2023

Kamux Oyj to Report Q2, 2023 Results on Aug 11, 2023

Kamux Closes Showroom in Wentorf, Germany

Kamux Corporation Announces Changes to Shareholders' Nomination Board

Second quarter 2022 earnings released: EPS: €0.07 (vs €0.038 in 2Q 2021)

Kamux Oyj Updates Earnings Guidance for the Year 2022

Kamux Corporation Appoints Jarkko Lehtismäki as CDO and Member of the Group Management Team, Effective October 1, 2022

High number of new directors

Kamux Oyj Provides Earnings Guidance for the Year 2022

First quarter 2022 earnings released: EPS: €0.11 (vs €0.085 in 1Q 2021)

High number of new directors

Kamux Oyj Approves Dividend, Payable on April 29, 2022 and October 28, 2022

Upcoming dividend of €0.08 per share

Mikko-Heikki Inkeroinen to Step Down as CDO and Member of the Management Team of Kamux Oyj

Kamux Oyj Provides Revenue Guidance for the Year 2022

Kamux Oyj Revises Earnings Guidance for the Year 2021

Kamux Moves to Larger Premises in Petikko, Vantaa

Kamux Moves to Larger Premises in Kaarina - Expanding the Selection

Kamux Closing Down in Varkaus

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS €0.18 (vs €0.23 in 3Q 2020)

Upcoming dividend of €0.13 per share

Kamux Oyj Revises Earnings Guidance for the Year 202

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS €0.04 (vs €0.15 in 2Q 2020)

Kamux Oyj Provides Revenue Guidance for the Year 2021

Kamux Oyj Announces Retail Store Will Be Closed in Hamburg

Kamux Corporation Opens All Stores Again in Germany

Full year 2020 earnings released: EPS €0.58 (vs €0.47 in FY 2019)

Revenue beats expectations

Kamux Oyj Announces Executive Changes

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

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