Lindex Group Oyj Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Susanne Ehnbage

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.01%
Management average tenure	2.7yrs
Board average tenure	3.2yrs

Recent management updates

Recent updates

CEO

Susanne Ehnbage (44 yo)

less than a year

Tenure

Ms. Susanne Ehnbage is Group CEO of Lindex Group Oyj (formerly known as Stockmann Oyj Abp) since May 12, 2023. She serves as Director at Komplett ASA since May 09, 2023. She had been Independent Director a...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Susanne Ehnbage	Group Chief Executive Officer	less than a year	no data	0.011% € 53.2k
Annelie Forsberg	Chief Financial Officer	2.1yrs	no data	0.0025% € 11.8k
Tove Westermarck	Chief Operating Officer	1.3yrs	no data	0.00063% € 3.0k
Jukka Naulapaa	Chief Legal Officer & Secretary	18.3yrs	no data	no data
Anna Bjarland	Head of Communications	6.4yrs	no data	no data
Kimmo Myllymaki	Personnel Representative on the Board & Sales Manager	3.3yrs	no data	no data

2.7yrs

Average Tenure

51yo

Average Age

Experienced Management: SOMB's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kimmo Myllymaki	Personnel Representative on the Board & Sales Manager	3.3yrs	no data	no data
Tracy Stone	Independent Director	6.2yrs	€47.20k	0.034% € 159.4k
Stefan Bjorkman	Independent Director	5.2yrs	€62.20k	0.033% € 153.4k
Petri Leskela	Personnel Representative on the Board	4.2yrs	no data	no data
Roland Neuwald	Independent Vice Chairman	3.1yrs	€96.00k	0.030% € 143.3k
Harriet Williams	Independent Director	3.1yrs	€49.00k	0.016% € 76.9k
Timo Karppinen	Independent Director	2.2yrs	€50.40k	0.011% € 49.4k
Sari Pohjonen	Independent Chairman	2.2yrs	€51.00k	0.015% € 69.2k

3.2yrs

Average Tenure

58yo

Average Age

Experienced Board: SOMB's board of directors are considered experienced (3.2 years average tenure).

Lindex Group Oyj Management

Management criteria checks 2/4

Key information

Recent management updates

Stockmann Oyj Abp Decides to Establish an Audit Committee and People and Remuneration Committee

Stockmann Oyj Abp Appoints Members of Nomination Board

Stockmann Appoints Susanne Ehnbåge as Group CEO

High number of new and inexperienced directors

High number of new and inexperienced directors

Stockmann Oyj Abp Announces Retirement of Pekka Vähähyyppä as Chief Financial Officer, Effective April 30, 2022

Recent updates

Lindex Group Oyj Provides Revenue Guidance for the Year 2024

First quarter 2024 earnings released: €0.10 loss per share (vs €0.13 profit in 1Q 2023)

Stockmann Oyj Abp Decides to Establish an Audit Committee and People and Remuneration Committee

Full year 2023 earnings released: EPS: €0.33 (vs €0.66 in FY 2022)

Now 22% undervalued

Now 22% undervalued

Stockmann Oyj Abp Provides Revenue Guidance for the Year 2024

New minor risk - Shareholder dilution

Stockmann Oyj Abp to Report First Half, 2024 Results on Jul 19, 2024

Stockmann Oyj Abp Revises Revenue Guidance for the Year of 2023

Third quarter 2023 earnings released: EPS: €0.056 (vs €0.058 in 3Q 2022)

Stockmann Oyj Abp Provides Revenue Guidance for 2023

Stockmann Oyj Abp to Report Q3, 2023 Results on Oct 27, 2023

Investor sentiment improves as stock rises 16%

Stockmann Oyj Abp Appoints Members of Nomination Board

Now 20% undervalued

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: €0.085 (vs €0.48 in 2Q 2022)

Stockmann Group Revises Earnings Guidance for the Year 2023

New minor risk - Shareholder dilution

Stockmann Appoints Susanne Ehnbåge as Group CEO

First quarter 2023 earnings released: EPS: €0.13 (vs €0.02 in 1Q 2022)

Full year 2022 earnings released: EPS: €0.65 (vs €0.42 in FY 2021)

Stockmann Oyj Abp to Report First Half, 2023 Results on Jul 21, 2023

Investor sentiment improved over the past week

the Supreme Court Passes Its Decision in Dispute Between Pirkanmaan Osuuskauppa and STOCKMANN plc

High number of new and inexperienced directors

Stockmann Oyj Abp Re-Affirms Earnings Guidance for the Full Year 2022

The Administrative Court of Appeal Passes a Decision in a Dispute Between Stockmann and the Swedish Tax Authorities

Arbitration Court Passes Arbitration Decision in Dispute Between Lähitapiolan Keskustakiinteistöt Ky and Stockmann Plc

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: €0.48 (vs €0.24 in 2Q 2021)

Now 20% undervalued

Stockmann Oyj Abp Provides Revenue Guidance for the Year 2022

Investor sentiment improved over the past week

Stockmann Group Provides Earnings Guidance for the Full Year 2022

High number of new and inexperienced directors

Keva completed the acquisition of department store property in Helsinki from Stockmann Oyj Abp (HLSE:STOCKA).

Stockmann Oyj Abp Announces Retirement of Pekka Vähähyyppä as Chief Financial Officer, Effective April 30, 2022

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues exceed analyst expectations

Stockmann Group Provides Revenue Guidance for the Full Year 2022

Stockmann Oyj Abp Announces Resignation of Board Members Esa Lager and Leena Niemistö

Third quarter 2021 earnings released: EPS €0.07 (vs €0.018 in 3Q 2020)

Second quarter 2021 earnings released: EPS €0.24 (vs €0.17 loss in 2Q 2020)

Stockmann Oyj Abp Announces Earnings Guidance for the Year 2021

Stockmann Prepares to Close All Its Department Stores in Finland Due to Stricter Corona Virus Restrictions and Initiates Codetermination Negotiations

Stockmann Oyj Abp Announces Directors Resignation

Full year 2020 earnings released: €4.05 loss per share (vs €0.84 loss in FY 2019)

Stockmann Oyj Abp, Annual General Meeting, Apr 07, 2021

Stockmann Oyj Abp to Report First Half, 2021 Results on Jul 23, 2021

Helsinki District Court Announces on the Issuance of Decision Regarding the Proposal for Stockmann plc Restructuring Programme

New 90-day high: €0.90

Third-quarter earnings released: Revenue beats expectations

New 90-day low: €0.75

Third quarter earnings released

New 90-day low: €0.79

New 90-day low - €0.85

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age