Spinnova Oyj Management
Management criteria checks 1/4
Spinnova Oyj's CEO is Janne Poranen, appointed in Mar 2025, has a tenure of less than a year. total yearly compensation is €293.25K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 5.09% of the company’s shares, worth €1.05M. The average tenure of the management team and the board of directors is 0 years and 1.4 years respectively.
Key information
Janne Poranen
Chief executive officer
€293.3k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | less than a year |
| CEO ownership | 5.1% |
| Management average tenure | less than a year |
| Board average tenure | 1.4yrs |
Recent management updates
Recent updates
Fiber, Textile Waste, And PUMA Partnerships Will Broaden Adoption
Apr 11 Strategic partnerships and technology collaborations aim to drive market adoption, diversify revenue streams, and stabilize cash flow through increased fiber technology commercialization.Spinnova Oyj's (HEL:SPINN) 36% Cheaper Price Remains In Tune With Revenues
Mar 15
Spinnova Oyj's (HEL:SPINN) Price Is Out Of Tune With Revenues
Jun 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | €293k | €293k | -€17m |
| Sep 30 2024 | n/a | n/a | -€18m |
| Jun 30 2024 | n/a | n/a | -€18m |
| Mar 31 2024 | n/a | n/a | -€19m |
| Dec 31 2023 | €282k | n/a | -€20m |
| Sep 30 2023 | n/a | n/a | -€19m |
| Jun 30 2023 | n/a | n/a | -€18m |
| Mar 31 2023 | n/a | n/a | -€17m |
| Dec 31 2022 | €185k | €185k | -€15m |
Compensation vs Market: Janne's total compensation ($USD333.21K) is about average for companies of similar size in the Finnish market ($USD342.44K).
Compensation vs Earnings: Janne's compensation has increased whilst the company is unprofitable.
CEO
Janne Poranen (52 yo)
less than a year
Tenure
€293,254
Compensation
Mr. Janne Poranen has been the Chairman of Spinnova Oyj (Formerly, Spinnova Ltd.) since August 1, 2022 and serves as its Director since May 05, 2022 and also serves as CEO since March 20, 2025. He is the C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | less than a year | €293.25k | 5.09% € 1.1m | |
| Co-Founder & CTO | no data | €8.45k | 3.77% € 778.0k | |
| Executive Officer | no data | €380.88k | 0.014% € 2.8k | |
| Advisor | less than a year | €420.94k | 0.032% € 6.5k | |
| CFO & Chief People Officer | no data | no data | 0.030% € 6.2k | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel | no data | no data | no data | |
| Advisor | 2.8yrs | no data | no data | |
| Chief Product & Sustainability Officer | 3.7yrs | no data | 0.011% € 2.4k | |
| Executive Officer | no data | no data | 0.011% € 2.4k |
0.04yrs
Average Tenure
44yo
Average Age
Experienced Management: SPINN's management team is not considered experienced ( 0 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 2.9yrs | €293.25k | 5.09% € 1.1m | |
| Independent Director | less than a year | €15.61k | no data | |
| Independent Vice Chairman | 1.9yrs | €39.55k | 0.011% € 2.3k | |
| Non Independent Director | 1.9yrs | no data | no data | |
| Independent Director | less than a year | €24.00k | 0.024% € 4.9k | |
| Independent Director | 7.3yrs | €24.00k | 0.024% € 4.9k | |
| Independent Director | less than a year | €15.61k | no data | |
| Director | no data | no data | no data |
1.4yrs
Average Tenure
54yo
Average Age
Experienced Board: SPINN's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/17 18:19 |
| End of Day Share Price | 2025/04/17 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Spinnova Oyj is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robin Santavirta | Carnegie Investment Bank AB |
| Antti-Pekka Viljakainen | Inderes Oy |
| Petri Gostowski | Inderes Oy |