Kesko Oyj Management
Management criteria checks 3/4
Kesko Oyj's CEO is Jorma Rauhala, appointed in Feb 2013, has a tenure of 11.83 years. total yearly compensation is €1.54M, comprised of 28.2% salary and 71.8% bonuses, including company stock and options. directly owns 0.06% of the company’s shares, worth €4.29M. The average tenure of the management team and the board of directors is 4.9 years and 6.7 years respectively.
Key information
Jorma Rauhala
Chief executive officer
€1.5m
Total compensation
| CEO salary percentage | 28.2% |
| CEO tenure | 11.8yrs |
| CEO ownership | 0.06% |
| Management average tenure | 4.9yrs |
| Board average tenure | 6.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €417m |
| Jun 30 2024 | n/a | n/a | €427m |
| Mar 31 2024 | n/a | n/a | €472m |
| Dec 31 2023 | €2m | €434k | €496m |
| Sep 30 2023 | n/a | n/a | €524m |
| Jun 30 2023 | n/a | n/a | €561m |
| Mar 31 2023 | n/a | n/a | €591m |
| Dec 31 2022 | €2m | n/a | €610m |
| Sep 30 2022 | n/a | n/a | €630m |
| Jun 30 2022 | n/a | n/a | €615m |
| Mar 31 2022 | n/a | n/a | €597m |
| Dec 31 2021 | €2m | n/a | €572m |
| Sep 30 2021 | n/a | n/a | €524m |
| Jun 30 2021 | n/a | n/a | €544m |
| Mar 31 2021 | n/a | n/a | €477m |
| Dec 31 2020 | €1m | n/a | €433m |
| Sep 30 2020 | n/a | n/a | €409m |
| Jun 30 2020 | n/a | n/a | €345m |
| Mar 31 2020 | n/a | n/a | €335m |
| Dec 31 2019 | €1m | n/a | €328m |
Compensation vs Market: Jorma's total compensation ($USD1.60M) is above average for companies of similar size in the Finnish market ($USD1.00M).
Compensation vs Earnings: Jorma's compensation has been consistent with company performance over the past year.
CEO
Jorma Rauhala (59 yo)
11.8yrs
Tenure
€1,539,455
Compensation
Mr. Jorma Rauhala, M.Sc. (Econ.), serves as President, Chief Executive Officer and Managing Director of Kesko Oyj since February 01, 2024 and serves as its President of Building and Technical Trade since N...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.8yrs | €1.54m | 0.060% € 4.3m | |
| Executive VP | less than a year | no data | no data | |
| President of Grocery Trade & Member of Group Management Board | 7.1yrs | no data | 0.033% € 2.4m | |
| Executive VP of HR & Member of Group Management Board | 12.2yrs | no data | 0.030% € 2.2m | |
| EVP of Communications | 4.2yrs | no data | 0.017% € 1.2m | |
| EVP of Legal & Sustainability | 4.9yrs | no data | no data | |
| President of Building & Technical Trade Division and Member of Group Management Board | 1.5yrs | no data | 0.0034% € 242.3k | |
| President of the Car Trade Division & Member of Group Management Board | less than a year | no data | no data | |
| Chief Information Officer & VP of IT Management | 16yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Head of K Publicity | no data | no data | no data | |
| Group Treasurer | no data | no data | no data |
4.9yrs
Average Tenure
55.5yo
Average Age
Experienced Management: KESKOA's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Deputy Chairman | 6.7yrs | €70.20k | 0.0075% € 534.1k | |
| Independent Director | 3.7yrs | €57.70k | 0.0012% € 84.6k | |
| Chairman of the Board | 15.8yrs | €114.60k | 0.12% € 8.5m | |
| Independent Director | 8.7yrs | €74.40k | 0.0030% € 214.4k | |
| Independent Director | 6.7yrs | €55.90k | 0.0015% € 106.8k | |
| Director | 3.7yrs | €52.90k | 0.058% € 4.2m | |
| Director | less than a year | no data | no data |
6.7yrs
Average Tenure
61yo
Average Age
Experienced Board: KESKOA's board of directors are considered experienced (6.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 09:34 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Kesko Oyj is covered by 20 analysts. 7 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 |
|---|---|
| null null | ABG Sundal Collier |
| Anna Schumacher | BNP Paribas Exane |
| Robert Joyce | BNP Paribas Exane |