YIT Oyj Management
Management criteria checks 1/4
YIT Oyj's CEO is Heikki Vuorenmaa, appointed in Dec 2022, has a tenure of 1.33 years. total yearly compensation is €581.96K, comprised of 82.7% salary and 17.3% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth €111.12K. The average tenure of the management team and the board of directors is 1.2 years and 1.8 years respectively.
Key information
Heikki Vuorenmaa
Chief executive officer
€582.0k
Total compensation
| CEO salary percentage | 82.7% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.2yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
YIT Oyj's (HEL:YIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 21
YIT Oyj's (HEL:YIT) Upcoming Dividend Will Be Larger Than Last Year's
Sep 07YIT Oyj (HEL:YIT) Will Pay A Larger Dividend Than Last Year At €0.09
Aug 24YIT Oyj's (HEL:YIT) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 09YIT Oyj (HEL:YIT) Has Announced That It Will Be Increasing Its Dividend To €0.09
Jul 26YIT Oyj (HEL:YIT) Will Pay A Larger Dividend Than Last Year At €0.09
Jul 04YIT Oyj's (HEL:YIT) Upcoming Dividend Will Be Larger Than Last Year's
May 31YIT Oyj's (HEL:YIT) Shareholders Will Receive A Bigger Dividend Than Last Year
May 17YIT Oyj (HEL:YIT) Has Announced That It Will Be Increasing Its Dividend To €0.09
Apr 05YIT Oyj (HEL:YIT) Has Announced That It Will Be Increasing Its Dividend To €0.09
Mar 22When Should You Buy YIT Oyj (HEL:YIT)?
Mar 16YIT Oyj's (HEL:YIT) Dividend Will Be Increased To €0.09
Feb 13Calculating The Fair Value Of YIT Oyj (HEL:YIT)
Dec 21YIT Oyj (HEL:YIT) Has Affirmed Its Dividend Of €0.08
Sep 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €582k | €481k | -€2m |
| Sep 30 2023 | n/a | n/a | €9m |
| Jun 30 2023 | n/a | n/a | €15m |
| Mar 31 2023 | n/a | n/a | €32m |
| Dec 31 2022 | €527k | €48k | €58m |
Compensation vs Market: Heikki's total compensation ($USD630.65K) is about average for companies of similar size in the Finnish market ($USD723.25K).
Compensation vs Earnings: Heikki's compensation has increased whilst the company is unprofitable.
CEO
Heikki Vuorenmaa (42 yo)
1.3yrs
Tenure
€581,962
Compensation
Mr. Heikki Vuorenmaa, M.Sc. (Economics), serves as Member of Supervisory Board at Ilmarinen Mutual Pension Insurance Company. He serves as Chairman of the Group Management Team, Chief Executive Officer & P...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Group Management Team | 1.3yrs | €581.96k | 0.026% € 111.1k | |
| Executive VP of Housing Segment | no data | €547.54k | 0.018% € 78.5k | |
| CFO & Member of Management Board | 2.4yrs | no data | 0.0052% € 22.2k | |
| Executive VP of Urban Development & ESG and Member of Group Management Board | 7.5yrs | no data | 0.011% € 49.0k | |
| Executive VP of Business Premises Segment & Member of Group Management Team | less than a year | no data | no data | |
| Executive VP of Infrastructure Segment & Member of Group Management Team | 1.1yrs | no data | no data | |
| Executive VP of Human Resources & Member of Group Management Team | less than a year | no data | no data | |
| Head of Corporate Finance | no data | no data | no data | |
| Vice President of Investor Relations | less than a year | no data | no data | |
| Corporate General Counsel & Secretary of the Board | no data | no data | no data | |
| Senior VP of Communications | 1.6yrs | no data | no data | |
| Senior Vice President of Customership and Living Services | no data | no data | no data |
1.2yrs
Average Tenure
48yo
Average Age
Experienced Management: YIT's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.1yrs | €90.57k | 0.0085% € 36.4k | |
| Independent Vice Chairman | 2.1yrs | €90.57k | 0.0095% € 40.8k | |
| Independent Director | 2.1yrs | €90.57k | 0.0074% € 31.5k | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.5yrs | €69.15k | 0.0051% € 21.6k |
1.8yrs
Average Tenure
54yo
Average Age
Experienced Board: YIT's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.