YIT Oyj Management

Management criteria checks 1/4

YIT Oyj's CEO is Heikki Vuorenmaa, appointed in Dec 2022, has a tenure of 1.92 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 €156.47K. The average tenure of the management team and the board of directors is 1.8 years and 2.4 years respectively.

Key information

Heikki Vuorenmaa

Chief executive officer

€582.0k

Total compensation

CEO salary percentage82.7%
CEO tenure1.9yrs
CEO ownership0.03%
Management average tenure1.8yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

Investors Appear Satisfied With YIT Oyj's (HEL:YIT) Prospects

Nov 02
Investors Appear Satisfied With YIT Oyj's (HEL:YIT) Prospects

Is YIT Oyj (HEL:YIT) Weighed On By Its Debt Load?

Oct 02
Is YIT Oyj (HEL:YIT) Weighed On By Its Debt Load?

YIT Oyj's (HEL:YIT) 30% Jump Shows Its Popularity With Investors

May 31
YIT Oyj's (HEL:YIT) 30% Jump Shows Its Popularity With Investors

Is YIT Oyj (HEL:YIT) Using Too Much Debt?

May 01
Is YIT Oyj (HEL:YIT) Using Too Much Debt?

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

Sep 21
YIT Oyj's (HEL:YIT) Shareholders Will Receive A Bigger Dividend Than Last Year

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

Sep 07
YIT Oyj's (HEL:YIT) Upcoming Dividend Will Be Larger Than Last Year's

YIT Oyj (HEL:YIT) Will Pay A Larger Dividend Than Last Year At €0.09

Aug 24
YIT Oyj (HEL:YIT) Will Pay A Larger Dividend Than Last Year At €0.09

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

Aug 09
YIT Oyj's (HEL:YIT) Shareholders Will Receive A Bigger Dividend Than Last Year

YIT Oyj (HEL:YIT) Has Announced That It Will Be Increasing Its Dividend To €0.09

Jul 26
YIT Oyj (HEL:YIT) Has Announced That It Will Be Increasing Its Dividend To €0.09

YIT Oyj (HEL:YIT) Will Pay A Larger Dividend Than Last Year At €0.09

Jul 04
YIT Oyj (HEL:YIT) Will Pay A Larger Dividend Than Last Year At €0.09

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

May 31
YIT Oyj's (HEL:YIT) Upcoming Dividend Will Be Larger Than Last Year's

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

May 17
YIT Oyj's (HEL:YIT) Shareholders Will Receive A Bigger Dividend Than Last Year

YIT Oyj (HEL:YIT) Has Announced That It Will Be Increasing Its Dividend To €0.09

Apr 05
YIT Oyj (HEL:YIT) Has Announced That It Will Be Increasing Its Dividend To €0.09

YIT Oyj (HEL:YIT) Has Announced That It Will Be Increasing Its Dividend To €0.09

Mar 22
YIT Oyj (HEL:YIT) Has Announced That It Will Be Increasing Its Dividend To €0.09

When Should You Buy YIT Oyj (HEL:YIT)?

Mar 16
When Should You Buy YIT Oyj (HEL:YIT)?

YIT Oyj's (HEL:YIT) Dividend Will Be Increased To €0.09

Feb 13
YIT Oyj's (HEL:YIT) Dividend Will Be Increased To €0.09

CEO Compensation Analysis

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

-€61m

Jun 30 2024n/an/a

-€54m

Mar 31 2024n/an/a

-€4m

Dec 31 2023€582k€481k

-€2m

Sep 30 2023n/an/a

€9m

Jun 30 2023n/an/a

€15m

Mar 31 2023n/an/a

€32m

Dec 31 2022€527k€48k

€58m

Compensation vs Market: Heikki's total compensation ($USD628.33K) is about average for companies of similar size in the Finnish market ($USD767.50K).

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


CEO

Heikki Vuorenmaa (43 yo)

1.9yrs

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

NamePositionTenureCompensationOwnership
Heikki Vuorenmaa
Chairman of the Group Management Team1.9yrs€581.96k0.026%
€ 156.5k
Antti Inkila
Executive VP of Housing Segmentno data€547.54k0.019%
€ 114.7k
Tuomas Makipeska
CFO & Member of Management Board3yrsno data0.0064%
€ 38.2k
Juha Kostiainen
Executive VP of Urban Development & ESG and Member of Group Management Board8.1yrsno data0.012%
€ 73.7k
Peter Forssell
Executive VP of Business Premises Segment & Member of Group Management Team1.1yrsno data0.0078%
€ 47.1k
Aleksi Laine
Executive VP of Infrastructure Segment & Member of Group Management Team1.7yrsno data0.0035%
€ 21.3k
Jennie Stenbom
Executive VP of Human Resources & Member of Group Management Team1.1yrsno datano data
Jaakko Makynen
Head of Corporate Financeno datano datano data
Essi Nikitin
Vice President of Investor Relations1.5yrsno datano data
Juha Jauhiainen
Corporate General Counsel & Secretary of the Boardno datano datano data
Maija Taimi
Senior VP of Communications2.2yrsno datano data
Pekka Helin
Senior Vice President of Customership and Living Servicesno datano datano data

1.8yrs

Average Tenure

49yo

Average Age

Experienced Management: YIT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kerttu Tuomas
Independent Director2.7yrs€90.57k0.015%
€ 90.1k
Jyri Luomakoski
Independent Vice Chairman2.7yrs€90.57k0.019%
€ 112.9k
Casimir Lindholm
Independent Director2.7yrs€90.57k0.014%
€ 83.2k
Anders Dahlblom
Directorless than a yearno datano data
Leena Vainiomaki
Directorless than a yearno datano data
Sami Laine
Independent Director2.1yrs€69.15k0.0097%
€ 58.2k

2.4yrs

Average Tenure

55yo

Average Age

Experienced Board: YIT's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.