Robit Oyj Management
Management criteria checks 2/4
Robit Oyj's CEO is Arto Halonen, appointed in Mar 2022, has a tenure of 2.17 years. total yearly compensation is €202.00K, comprised of 90.1% salary and 9.9% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth €65.90K. The average tenure of the management team and the board of directors is 2.2 years and 2.2 years respectively.
Key information
Arto Halonen
Chief executive officer
€202.0k
Total compensation
| CEO salary percentage | 90.1% |
| CEO tenure | 2.2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.2yrs |
| Board average tenure | 2.2yrs |
Recent management updates
Recent updates
Robit Oyj (HEL:ROBIT) Might Have The Makings Of A Multi-Bagger
Apr 15
Robit Oyj (HEL:ROBIT) Soars 37% But It's A Story Of Risk Vs Reward
Mar 06Is Robit Oyj (HEL:ROBIT) Using Too Much Debt?
Feb 23Why Robit Oyj (HEL:ROBIT) Could Be Worth Watching
Dec 13Robit Oyj (HEL:ROBIT) Has Debt But No Earnings; Should You Worry?
Oct 27Robit Oyj (HEL:ROBIT) Shareholders Will Want The ROCE Trajectory To Continue
Jun 28Is Robit Oyj (HEL:ROBIT) Using Too Much Debt?
Apr 29Robit Oyj (HEL:ROBIT) Stocks Shoot Up 32% But Its P/E Still Looks Reasonable
Jan 26At €2.48, Is It Time To Put Robit Oyj (HEL:ROBIT) On Your Watch List?
Nov 11An Intrinsic Calculation For Robit Oyj (HEL:ROBIT) Suggests It's 43% Undervalued
Aug 10Robit Oyj (HEL:ROBIT) Takes On Some Risk With Its Use Of Debt
Feb 16Robit Oyj's (HEL:ROBIT) Earnings Are Weaker Than They Seem
Nov 04Calculating The Intrinsic Value Of Robit Oyj (HEL:ROBIT)
Oct 19Be Wary Of Robit Oyj (HEL:ROBIT) And Its Returns On Capital
Sep 28Earnings Report: Robit Oyj Missed Revenue Estimates By 7.2%
Apr 25Robit Oyj (HEL:ROBIT) Could Be Struggling To Allocate Capital
Apr 14A Look At The Fair Value Of Robit Oyj (HEL:ROBIT)
Mar 30Robit Oyj (HEL:ROBIT) Could Be Less Than A Year Away From Profitability
Mar 14Is There Now An Opportunity In Robit Oyj (HEL:ROBIT)?
Feb 26What Is The Ownership Structure Like For Robit Oyj (HEL:ROBIT)?
Feb 08If You Had Bought Robit Oyj's (HEL:ROBIT) Shares Three Years Ago You Would Be Down 46%
Jan 12
Is Robit Oyj (HEL:ROBIT) A Risky Investment?
Dec 15Robit Oyj (HEL:ROBIT): Is Breakeven Near?
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -€813k |
| Dec 31 2023 | €202k | €182k | -€3m |
| Sep 30 2023 | n/a | n/a | -€5m |
| Jun 30 2023 | n/a | n/a | -€3m |
| Mar 31 2023 | n/a | n/a | -€100k |
| Dec 31 2022 | €190k | n/a | €819k |
Compensation vs Market: Arto's total compensation ($USD217.53K) is below average for companies of similar size in the Finnish market ($USD338.98K).
Compensation vs Earnings: Arto's compensation has increased whilst the company is unprofitable.
CEO
Arto Halonen (42 yo)
2.2yrs
Tenure
€202,000
Compensation
Mr. Arto Halonen M.Sc. Eng., M.Sc. Econ., serves as Group Chief Executive Officer at Robit Oyj since March 15, 2022 and served as its Chief Operating Officer since February 2022. Mr. Halonen served as Grou...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 2.2yrs | €202.00k | 0.18% € 65.9k | |
| Group Chief Financial Officer | 2.2yrs | no data | 0.090% € 32.6k | |
| IR & Communications Manager | no data | no data | no data | |
| Group HR Director | 6.7yrs | no data | 0.092% € 33.5k | |
| Head of Operational Excellence | no data | no data | no data | |
| Head of Down The Hole Business Unit & VP Down the Hole | 1.5yrs | no data | 0.018% € 6.5k | |
| Secretary | 8.8yrs | no data | no data |
2.2yrs
Average Tenure
55yo
Average Age
Experienced Management: ROBIT's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman of the Board | 5.4yrs | €49.70k | 0.21% € 76.8k | |
| Independent Director | less than a year | no data | no data | |
| Board Advisor | 8.6yrs | no data | no data | |
| Independent Director | 1.2yrs | €42.40k | 0.12% € 44.8k | |
| Independent Director | 2.2yrs | €46.00k | 0.088% € 32.0k | |
| Independent Chairman of the Board | 2.2yrs | €69.10k | 0.099% € 36.0k | |
| Independent Director | 5.4yrs | €41.80k | 0.13% € 45.9k |
2.2yrs
Average Tenure
59yo
Average Age
Experienced Board: ROBIT's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.