Cargotec Management

Management criteria checks 2/4

Cargotec's CEO is Casimir Lindholm, appointed in Apr 2023, has a tenure of 1.67 years. total yearly compensation is €710.82K, comprised of 73.1% salary and 26.9% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth €107.99K. The average tenure of the management team and the board of directors is 5.7 years and 0.6 years respectively.

Key information

Casimir Lindholm

Chief executive officer

€710.8k

Total compensation

CEO salary percentage73.1%
CEO tenure1.7yrs
CEO ownership0.003%
Management average tenure5.7yrs
Board average tenureless than a year

Recent management updates

Recent updates

Why Cargotec Corporation (HEL:CGCBV) Could Be Worth Watching

Dec 11
Why Cargotec Corporation (HEL:CGCBV) Could Be Worth Watching

Solid Earnings Reflect Cargotec's (HEL:CGCBV) Strength As A Business

Nov 01
Solid Earnings Reflect Cargotec's (HEL:CGCBV) Strength As A Business

Revenues Not Telling The Story For Cargotec Corporation (HEL:CGCBV)

Oct 14
Revenues Not Telling The Story For Cargotec Corporation (HEL:CGCBV)

Calculating The Fair Value Of Cargotec Corporation (HEL:CGCBV)

Jun 27
Calculating The Fair Value Of Cargotec Corporation (HEL:CGCBV)

Things Look Grim For Cargotec Corporation (HEL:CGCBV) After Today's Downgrade

Jun 14
Things Look Grim For Cargotec Corporation (HEL:CGCBV) After Today's Downgrade

Does Cargotec (HEL:CGCBV) Deserve A Spot On Your Watchlist?

Jun 10
Does Cargotec (HEL:CGCBV) Deserve A Spot On Your Watchlist?

What Cargotec Corporation's (HEL:CGCBV) 29% Share Price Gain Is Not Telling You

May 21
What Cargotec Corporation's (HEL:CGCBV) 29% Share Price Gain Is Not Telling You

Cargotec Corporation Just Recorded A 91% EPS Beat: Here's What Analysts Are Forecasting Next

May 03
Cargotec Corporation Just Recorded A 91% EPS Beat: Here's What Analysts Are Forecasting Next

Here's Why Cargotec (HEL:CGCBV) Can Manage Its Debt Responsibly

Apr 29
Here's Why Cargotec (HEL:CGCBV) Can Manage Its Debt Responsibly

Here's Why Cargotec (HEL:CGCBV) Has Caught The Eye Of Investors

Mar 09
Here's Why Cargotec (HEL:CGCBV) Has Caught The Eye Of Investors

Is Cargotec Corporation (HEL:CGCBV) Trading At A 28% Discount?

Jan 29
Is Cargotec Corporation (HEL:CGCBV) Trading At A 28% Discount?

Is Cargotec (HEL:CGCBV) A Risky Investment?

Jan 17
Is Cargotec (HEL:CGCBV) A Risky Investment?

Is There Now An Opportunity In Cargotec Corporation (HEL:CGCBV)?

Jan 05
Is There Now An Opportunity In Cargotec Corporation (HEL:CGCBV)?

Market Still Lacking Some Conviction On Cargotec Corporation (HEL:CGCBV)

Dec 24
Market Still Lacking Some Conviction On Cargotec Corporation (HEL:CGCBV)

We Ran A Stock Scan For Earnings Growth And Cargotec (HEL:CGCBV) Passed With Ease

Nov 15
We Ran A Stock Scan For Earnings Growth And Cargotec (HEL:CGCBV) Passed With Ease

Are Investors Undervaluing Cargotec Corporation (HEL:CGCBV) By 41%?

Oct 18
Are Investors Undervaluing Cargotec Corporation (HEL:CGCBV) By 41%?

Is It Time To Consider Buying Cargotec Corporation (HEL:CGCBV)?

Sep 20
Is It Time To Consider Buying Cargotec Corporation (HEL:CGCBV)?

Cargotec (HEL:CGCBV) Seems To Use Debt Quite Sensibly

Aug 16
Cargotec (HEL:CGCBV) Seems To Use Debt Quite Sensibly

Calculating The Fair Value Of Cargotec Corporation (HEL:CGCBV)

Jul 05
Calculating The Fair Value Of Cargotec Corporation (HEL:CGCBV)

What Does Cargotec Corporation's (HEL:CGCBV) Share Price Indicate?

Jun 01
What Does Cargotec Corporation's (HEL:CGCBV) Share Price Indicate?

Does Cargotec (HEL:CGCBV) Have A Healthy Balance Sheet?

May 17
Does Cargotec (HEL:CGCBV) Have A Healthy Balance Sheet?

Cargotec (HEL:CGCBV) Is Increasing Its Dividend To €1.35

Feb 21
Cargotec (HEL:CGCBV) Is Increasing Its Dividend To €1.35

Cargotec's (HEL:CGCBV) Dividend Will Be Increased To €1.34

Feb 07
Cargotec's (HEL:CGCBV) Dividend Will Be Increased To €1.34

Is Now An Opportune Moment To Examine Cargotec Corporation (HEL:CGCBV)?

Jan 29
Is Now An Opportune Moment To Examine Cargotec Corporation (HEL:CGCBV)?

CEO Compensation Analysis

How has Casimir Lindholm's remuneration changed compared to Cargotec's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€334m

Jun 30 2024n/an/a

€346m

Mar 31 2024n/an/a

€370m

Dec 31 2023€711k€520k

€347m

Sep 30 2023n/an/a

€74m

Jun 30 2023n/an/a

€40m

Mar 31 2023n/an/a

€27m

Dec 31 2022€61kn/a

€24m

Sep 30 2022n/an/a

€83m

Jun 30 2022n/an/a

€273m

Mar 31 2022n/an/a

€258m

Dec 31 2021€57kn/a

€247m

Compensation vs Market: Casimir's total compensation ($USD739.59K) is below average for companies of similar size in the Finnish market ($USD1.16M).

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


CEO

Casimir Lindholm (53 yo)

1.7yrs

Tenure

€710,817

Compensation

Mr. Casimir Lindholm, M.Sc. (Econ.), MBA, serves as President & Chief Executive Officer of Cargotec Corporation since April 01, 2023 and serves as its Interim President of Kalmar since August 16, 2023. He...


Leadership Team

NamePositionTenureCompensationOwnership
Casimir Lindholm
President & CEO1.7yrs€710.82k0.0033%
€ 108.0k
Aki Vesikallio
Vice President of Investor Relationsno datano datano data
Camilla Orko
Vice President of Ethics & Compliance5.7yrsno datano data
Outi Aaltonen
Senior VP11.7yrsno data0.026%
€ 849.0k
Mikko Pelkonen
Senior Vice President of Human Resources11.3yrsno data0.11%
€ 3.7m
Stephen Foster
Senior Vice President of Financeno datano datano data
Mikael Laine
Senior Vice President of Strategy10.7yrsno data0.053%
€ 1.7m
Scott Phillips
President of Hiab5.7yrsno data0.095%
€ 3.1m
Soili Mäkinen
Senior Vice President of Sustainable Business Development1.9yrsno data0.039%
€ 1.3m
Heidi Gustafsson
Executive Assistant to the CFO & Senior VP of Corporate Communicationsno datano datano data
Barry McGrane
Senior Vice President of Loader Cranes Light & Mediumno datano datano data
Michael Bruninx
Senior Vice President of Services - Hiabno datano datano data

5.7yrs

Average Tenure

58.5yo

Average Age

Experienced Management: CGCBV's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ritva Sotamaa
Independent Director1.8yrs€58.45k0.0033%
€ 110.0k
Olli Herlin
Chairmanless than a year€92.49k0.29%
€ 9.7m
Raija-Leena Hankonen-Nybom
Independent Director1.8yrs€68.75k0.0030%
€ 100.4k
Luca Sra
Independent Directorless than a yearno data0.0014%
€ 44.6k
Tuija Pohjolainen-Hiltunen
Independent Directorless than a yearno data0.0015%
€ 49.9k
Eric Alström
Independent Directorless than a yearno data0.0015%
€ 49.9k
Jukka Moisio
Vice Chairmanless than a yearno datano data

0.6yrs

Average Tenure

64yo

Average Age

Experienced Board: CGCBV's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 06:01
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Cargotec Corporation is covered by 24 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Olof CederholmABG Sundal Collier
Andreas KoskiBNP Paribas Exane
Johan EliasonCA Cheuvreux