Cargotec Management

How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Mika Vehvilainen (61 yo)





Mr. Mika Vehvilainen, M.Sc (Econ and BA), HSE, has been Chief Executive Officer and President of Cargotec Czech Republic s.r.o (formerly known as Cargotec Corporation) since March 5, 2016 and March 1, 2013...

CEO Compensation Analysis

Mika Vehvilainen's Compensation vs Cargotec Earnings
How has Mika Vehvilainen's remuneration changed compared to Cargotec's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a


Mar 31 2022n/an/a


Dec 31 2021€2m€705k


Sep 30 2021n/an/a


Jun 30 2021n/an/a


Mar 31 2021n/an/a


Dec 31 2020€2m€651k


Sep 30 2020n/an/a


Jun 30 2020n/an/a


Mar 31 2020n/an/a


Dec 31 2019€2m€700k


Sep 30 2019n/an/a


Jun 30 2019n/an/a


Mar 31 2019n/an/a


Dec 31 2018€3m€701k


Sep 30 2018n/an/a


Jun 30 2018n/an/a


Mar 31 2018n/an/a


Dec 31 2017€2m€707k


Sep 30 2017n/an/a


Jun 30 2017n/an/a


Mar 31 2017n/an/a


Dec 31 2016€2m€686k


Sep 30 2016n/an/a


Jun 30 2016n/an/a


Mar 31 2016n/an/a


Dec 31 2015€3m€3m


Compensation vs Market: Mika's total compensation ($USD2.45M) is above average for companies of similar size in the Finnish market ($USD1.33M).

Compensation vs Earnings: Mika's compensation has increased by more than 20% in the past year.

Leadership Team

Experienced Management: CGCBV's management team is seasoned and experienced (6.4 years average tenure).

Board Members

Experienced Board: CGCBV's board of directors are considered experienced (6.1 years average tenure).