Harvia Oyj Management

Mr. Matias Jarnefelt serves as Chief Executive Officer at Harvia Oyj since June 1, 2023 and also its Chairman of the Management Board. He is Member of Management Board at Harvia Oyj since June 01, 2023. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Matias Jarnefelt	Chairman of the Management Board & CEO	less than a year	no data	no data
Ari Vesterinen	CFO, Secretary & Member of Management Board	10.3yrs	no data	0.80% € 5.9m
David Ahonen	Head of Region Asia-Pacific-MEA & Member of Management Board	10.3yrs	no data	0.63% € 4.7m
Timo Harvia	Head of Innovation & Technology and Member of the Management Board	10.3yrs	no data	0.74% € 5.5m
Anssi Pelkonen	Head of Northern Europe & Member of Management Board	10.3yrs	no data	0.37% € 2.8m
Mika Suoja	Head of Operations & Member of Management Board	8.3yrs	no data	0.20% € 1.4m
Paivi Juolahti	Head of Marketing & Brands and Member of Management Board	3.8yrs	no data	0.013% € 95.3k
Rainer Kunz	MD of EOS Group & Member of the Management Board	4.3yrs	no data	0% € 0
Markus Wormanseder	Head of Region Continental Europe (Interim) & Member of Management Board	7.3yrs	no data	no data
Jennifer Thayer	Head of Region	less than a year	no data	no data
Thomas Hjalmeby	Sales Director of Scandinavia & Member of Management Board	6.3yrs	no data	no data

7.3yrs

Average Tenure

52yo

Average Age

Experienced Management: HARVIA's management team is seasoned and experienced (7.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Olli Liitola	Independent Chairman	10.1yrs	€60.85k	0.25% € 1.9m
Hille Korhonen	Independent Director	3yrs	€47.42k	0.027% € 203.0k
Markus Lengauer	Independent Director	less than a year	€24.57k	no data
Heiner Olbrich	Independent Vice Chairman	2yrs	€38.99k	0.011% € 79.5k
Anders Holmen	Independent Director	3yrs	€42.80k	0.0090% € 67.0k
Catharina Stackelberg-Hammaren	Independent Director	less than a year	€24.76k	no data

2.5yrs

Average Tenure

58yo

Average Age

Experienced Board: HARVIA's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Harvia Oyj Management

Management criteria checks 1/4

Key information

Recent management updates

Managing Director of EOS Group recently sold €455k worth of stock

Harvia plc Appoints Jennifer Thayer as Head of Region, North America and President of Harvia US Inc., and a Member of the Management Team of Harvia Group

Harvia Oyj Announces Olli Liitola Renounce His Position as Chair of the Board of Directors

HARVIA Plc Announces Organizational and Management Changes

Rainer Kunz to Leave Harvia Group as Managing Director of Eos Group and Member of Harvia’S Management Team, Effective on End of March 2024

Harvia Plc Announces Appointment of Nomination Board

Recent updates

Harvia Oyj (HEL:HARVIA) Is Increasing Its Dividend To €0.34

Final dividend of €0.34 announced

Harvia Oyj Proposes Dividend for the Financial Year 2023 Payable on May 8,2024 ; October 28,2024

Now 23% overvalued after recent price rise

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Subdued Growth No Barrier To Harvia Oyj (HEL:HARVIA) With Shares Advancing 27%

Managing Director of EOS Group recently sold €455k worth of stock

Investor sentiment improves as stock rises 18%

Harvia Oyj Just Beat EPS By 6.4%: Here's What Analysts Think Will Happen Next

Harvia Oyj Propose Dividend for the Financial Period Ended 31 December 2023, Payable on May 2024 and October 2024

Full year 2023 earnings released: EPS: €1.25 (vs €1.45 in FY 2022)

Harvia Oyj Provides Earnings Guidance for the Year 2024

Harvia plc Appoints Jennifer Thayer as Head of Region, North America and President of Harvia US Inc., and a Member of the Management Team of Harvia Group

Investor sentiment improves as stock rises 16%

Estimating The Intrinsic Value Of Harvia Oyj (HEL:HARVIA)

Harvia Oyj Announces Olli Liitola Renounce His Position as Chair of the Board of Directors

Third quarter 2023 earnings released: EPS: €0.24 (vs €0.34 in 3Q 2022)

Harvia plc Distributes Second Dividend Instalment for the Financial Year 2022, Payable on 30 October 2023

HARVIA Plc Announces Organizational and Management Changes

Harvia Oyj's (HEL:HARVIA) Upcoming Dividend Will Be Larger Than Last Year's

Harvia Oyj to Report Fiscal Year 2023 Final Results on Mar 11, 2024

Upcoming dividend of €0.32 per share at 2.5% yield

Harvia Oyj (HEL:HARVIA) Will Pay A Larger Dividend Than Last Year At €0.32

Rainer Kunz to Leave Harvia Group as Managing Director of Eos Group and Member of Harvia’S Management Team, Effective on End of March 2024

Harvia Plc Announces Appointment of Nomination Board

Harvia Oyj (HEL:HARVIA) Has Announced That It Will Be Increasing Its Dividend To €0.32

When Should You Buy Harvia Oyj (HEL:HARVIA)?

Harvia Oyj (HEL:HARVIA) Has Announced That It Will Be Increasing Its Dividend To €0.32

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Harvia Oyj's (HEL:HARVIA) Dividend Will Be Increased To €0.32

Harvia Oyj (HEL:HARVIA) Is Increasing Its Dividend To €0.32

Vice President of Operations & Sourcing recently sold €113k worth of stock

MD & CEO of EOS Group recently sold €750k worth of stock

Price target increased by 8.0% to €27.00

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Harvia Oyj's (HEL:HARVIA) Shareholders Will Receive A Bigger Dividend Than Last Year

High number of new and inexperienced directors

Upcoming dividend of €0.32 per share at 2.9% yield

Harvia Oyj's (HEL:HARVIA) Shareholders Will Receive A Bigger Dividend Than Last Year

Full year 2022 earnings: EPS misses analyst expectations

Insider recently sold €135k worth of stock

What Does Harvia Oyj's (HEL:HARVIA) Share Price Indicate?

Full year 2022 earnings: EPS misses analyst expectations

Harvia plc Proposes Dividend for the Year 2022

Now 21% undervalued

Insider recently sold €223k worth of stock

Harvia Plc Announces the Resignation of Sanna Suvanto-Harsaae from the Board of Directors

Now 21% undervalued

We Think Harvia Oyj (HEL:HARVIA) Might Have The DNA Of A Multi-Bagger

CEO Tapio Pajuharju to Leave Harvia in May 2023

Price target increased to €19.25

High number of new and inexperienced directors

Investor sentiment improved over the past week

Mr. Vasilij Sosenkov agreed to acquire 80% stake in OOO EOS Premium SPA Technologies from Harvia Oyj (HLSE:HARVIA) for €0.6 millions.

Mr. Vasilij Sosenkov agreed to acquire 80% stake in OOO EOS Premium SPA Technologies from Harvia Oyj (HLSE:HARVIA) for €0.6 millions.

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Harvia Oyj (HEL:HARVIA) Is Increasing Its Dividend To €0.30

Harvia plc Distributes Dividend for the Financial Year 2021, Payable on 25 October 2022

Upcoming dividend of €0.30 per share

Price target decreased to €17.25

Harvia Oyj's (HEL:HARVIA) Shareholders Will Receive A Bigger Dividend Than Last Year

Harvia Plc Announces Composition of Shareholders' Nomination Board

Harvia Oyj (HEL:HARVIA) Will Pay A Larger Dividend Than Last Year At €0.30

Harvia Oyj, Annual General Meeting, Apr 20, 2023

Harvia Oyj's (HEL:HARVIA) Upcoming Dividend Will Be Larger Than Last Year's

Now 22% undervalued after recent price drop

Harvia Oyj (HEL:HARVIA) Will Pay A Larger Dividend Than Last Year At €0.30

Price target decreased to €21.50

Second quarter 2022 earnings: EPS exceeds analyst expectations