Sitowise Group Oyj Management

Management criteria checks 2/4

Sitowise Group Oyj's CEO is Heikki Haasmaa, appointed in May 2022, has a tenure of 2.58 years. total yearly compensation is €488.04K, comprised of 63.8% salary and 36.2% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth €193.20K. The average tenure of the management team and the board of directors is 2.2 years and 3.8 years respectively.

Key information

Heikki Haasmaa

Chief executive officer

€488.0k

Total compensation

CEO salary percentage63.8%
CEO tenure2.6yrs
CEO ownership0.2%
Management average tenure2.2yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

Sitowise Group Oyj (HEL:SITOWS) May Have Issues Allocating Its Capital

Oct 30
Sitowise Group Oyj (HEL:SITOWS) May Have Issues Allocating Its Capital

Sitowise Group Oyj (HEL:SITOWS) Takes On Some Risk With Its Use Of Debt

Sep 18
Sitowise Group Oyj (HEL:SITOWS) Takes On Some Risk With Its Use Of Debt

Sitowise Group Oyj (HEL:SITOWS) Just Released Its Interim Earnings: Here's What Analysts Think

Aug 16
Sitowise Group Oyj (HEL:SITOWS) Just Released Its Interim Earnings: Here's What Analysts Think

Is Now The Time To Look At Buying Sitowise Group Oyj (HEL:SITOWS)?

Aug 07
Is Now The Time To Look At Buying Sitowise Group Oyj (HEL:SITOWS)?

Earnings Miss: Sitowise Group Oyj Missed EPS By 23% And Analysts Are Revising Their Forecasts

Mar 01
Earnings Miss: Sitowise Group Oyj Missed EPS By 23% And Analysts Are Revising Their Forecasts

Sitowise Group Oyj (HEL:SITOWS) Is Due To Pay A Dividend Of €0.10

Apr 05
Sitowise Group Oyj (HEL:SITOWS) Is Due To Pay A Dividend Of €0.10

Sitowise Group Oyj (HEL:SITOWS) Is Paying Out A Dividend Of €0.10

Mar 18
Sitowise Group Oyj (HEL:SITOWS) Is Paying Out A Dividend Of €0.10

Some Investors May Be Worried About Sitowise Group Oyj's (HEL:SITOWS) Returns On Capital

Sep 23
Some Investors May Be Worried About Sitowise Group Oyj's (HEL:SITOWS) Returns On Capital

Take Care Before Diving Into The Deep End On Sitowise Group Oyj (HEL:SITOWS)

Jun 19
Take Care Before Diving Into The Deep End On Sitowise Group Oyj (HEL:SITOWS)

Sitowise Group Oyj Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

Mar 05
Sitowise Group Oyj Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

CEO Compensation Analysis

How has Heikki Haasmaa's remuneration changed compared to Sitowise Group Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-€2m

Jun 30 2024n/an/a

€437k

Mar 31 2024n/an/a

€3m

Dec 31 2023€488k€311k

€6m

Sep 30 2023n/an/a

€9m

Jun 30 2023n/an/a

€11m

Mar 31 2023n/an/a

€10m

Dec 31 2022€320k€207k

€8m

Compensation vs Market: Heikki's total compensation ($USD516.44K) is above average for companies of similar size in the Finnish market ($USD332.01K).

Compensation vs Earnings: Heikki's compensation has increased whilst the company is unprofitable.


CEO

Heikki Haasmaa (46 yo)

2.6yrs

Tenure

€488,040

Compensation

Mr. Heikki Haasmaa, M.Sc. served as a Senior Vice President of Maintenance Business at KONE Corporation since 2017. He has been Managing Director and Chief Executive Officer of Sitowise Group Oyj since May...


Leadership Team

NamePositionTenureCompensationOwnership
Heikki Haasmaa
MD & CEO2.6yrs€488.04k0.20%
€ 193.2k
Hanna Masala
Executive VP & CFO2.2yrsno data0.056%
€ 55.2k
Mari Reponen
Head of Investor Relationsno datano datano data
Minttu Vilander
Executive Vice President of Sustainability4.8yrsno data0.054%
€ 53.0k
Taija Lehtola
Executive Vice President of Human Resources2.3yrsno data0.050%
€ 49.7k
Turo Tinkanen
Executive Vice President of Information Technologyno datano data0.15%
€ 143.5k
Jannis Mikkola
Executive Vice President of Infrastructure Solutionsno datano data1.0%
€ 984.6k
Timo Raikkonen
Executive Vice President of Buildings Business Arealess than a yearno datano data
Anna Wack
Executive Vice President of Digital Solutions1.6yrsno data0.010%
€ 10.3k
Daniel Doeser
Executive Vice President for Swedenless than a yearno datano data

2.2yrs

Average Tenure

47yo

Average Age

Experienced Management: SITOWS's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eero Heliovaara
Independent Chairman of the Board5.9yrs€74.05k0.30%
€ 301.4k
Mats Astrom
Independent Director1.7yrs€24.08k0.0070%
€ 6.9k
Tomi Terho
Vice Chair8.9yrs€34.35kno data
Anni Ronkainen
Directorless than a yearno datano data
Niklas Sorensen
Independent Director1.7yrs€22.88k0.0084%
€ 8.3k
Elina Piispanen
Independent Director7.9yrs€31.95k0.056%
€ 55.2k
Mirel Leino-Haltia
Independent Director3.8yrs€38.55k0.015%
€ 15.2k

3.8yrs

Average Tenure

58.5yo

Average Age

Experienced Board: SITOWS's board of directors are considered experienced (3.8 years average tenure).