Kesko Oyj

HLSE:KESKOA Stock Report

Market Cap: €7.6b

Kesko Oyj Management

Management criteria checks 3/4

Kesko Oyj's CEO is Jorma Rauhala, appointed in Feb 2013, has a tenure of 11.75 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 €4.55M. The average tenure of the management team and the board of directors is 4.8 years and 6.6 years respectively.

Key information

Jorma Rauhala

Chief executive officer

€1.5m

Total compensation

CEO salary percentage28.2%
CEO tenure11.8yrs
CEO ownership0.06%
Management average tenure4.8yrs
Board average tenure6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jorma Rauhala's remuneration changed compared to Kesko Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€417m

Jun 30 2024n/an/a

€427m

Mar 31 2024n/an/a

€472m

Dec 31 2023€2m€434k

€496m

Sep 30 2023n/an/a

€524m

Jun 30 2023n/an/a

€561m

Mar 31 2023n/an/a

€591m

Dec 31 2022€2mn/a

€610m

Sep 30 2022n/an/a

€630m

Jun 30 2022n/an/a

€615m

Mar 31 2022n/an/a

€597m

Dec 31 2021€2mn/a

€572m

Sep 30 2021n/an/a

€524m

Jun 30 2021n/an/a

€544m

Mar 31 2021n/an/a

€477m

Dec 31 2020€1mn/a

€433m

Sep 30 2020n/an/a

€409m

Jun 30 2020n/an/a

€345m

Mar 31 2020n/an/a

€335m

Dec 31 2019€1mn/a

€328m

Compensation vs Market: Jorma's total compensation ($USD1.60M) is above average for companies of similar size in the Finnish market ($USD1.01M).

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

NamePositionTenureCompensationOwnership
Jorma Rauhala
President11.8yrs€1.54m0.060%
€ 4.5m
Anu Hamalainen
Executive VPless than a yearno datano data
Ari Akseli
President of Grocery Trade & Member of Group Management Board7yrsno data0.033%
€ 2.5m
Matti Mettala
Executive VP of HR & Member of Group Management Board12.1yrsno data0.030%
€ 2.3m
Karoliina Partanen
EVP of Communications4.1yrsno data0.017%
€ 1.3m
Lasse Luukkainen
EVP of Legal & Sustainability4.8yrsno datano data
Sami Kiiski
President of Building & Technical Trade Division and Member of Group Management Board1.4yrsno data0.0034%
€ 256.9k
Johanna Ali
President of the Car Trade Division & Member of Group Management Boardless than a yearno datano data
Arto Hiltunen
Chief Information Officer & VP of IT Management15.9yrsno datano data
Hanna Jaakkola
Vice President of Investor Relationsno datano datano data
Riikka Toivonen
Head of K Publicityno datano datano data
Heikki Ala-Seppälä
Group Treasurerno datano datano data

4.8yrs

Average Tenure

55.5yo

Average Age

Experienced Management: KESKOA's management team is considered experienced (4.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Peter Fagernäs
Independent Deputy Chairman6.6yrs€70.20k0.0075%
€ 566.3k
Timo Olavi Ritakallio
Independent Director3.6yrs€57.70k0.0012%
€ 89.7k
Esa Kiiskinen
Chairman of the Board15.7yrs€114.60k0.12%
€ 9.0m
Jannica Fagerholm
Independent Director8.6yrs€74.40k0.0030%
€ 227.3k
Piia Karhu
Independent Director6.6yrs€55.90k0.0015%
€ 113.3k
Jussi Perala
Director3.6yrs€52.90k0.058%
€ 4.4m
Pauli Jaakola
Directorless than a yearno datano data

6.6yrs

Average Tenure

61yo

Average Age

Experienced Board: KESKOA's board of directors are considered experienced (6.6 years average tenure).