Cargotec Management

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

6.4yrs

Average management tenure


CEO

Mika Vehvilainen (61 yo)

9.58yrs

Tenure

€2,453,615

Compensation

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

€273m

Mar 31 2022n/an/a

€258m

Dec 31 2021€2m€705k

€247m

Sep 30 2021n/an/a

€261m

Jun 30 2021n/an/a

€69m

Mar 31 2021n/an/a

€6m

Dec 31 2020€2m€651k

€8m

Sep 30 2020n/an/a

€1m

Jun 30 2020n/an/a

€5m

Mar 31 2020n/an/a

€70m

Dec 31 2019€2m€700k

€89m

Sep 30 2019n/an/a

€124m

Jun 30 2019n/an/a

€131m

Mar 31 2019n/an/a

€104m

Dec 31 2018€3m€701k

€107m

Sep 30 2018n/an/a

€100m

Jun 30 2018n/an/a

€95m

Mar 31 2018n/an/a

€130m

Dec 31 2017€2m€707k

€132m

Sep 30 2017n/an/a

€118m

Jun 30 2017n/an/a

€119m

Mar 31 2017n/an/a

€123m

Dec 31 2016€2m€686k

€126m

Sep 30 2016n/an/a

€149m

Jun 30 2016n/an/a

€159m

Mar 31 2016n/an/a

€146m

Dec 31 2015€3m€3m

€143m

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).