Kesko Oyj Management
Management criteria checks 3/4
Kesko Oyj's CEO is Jorma Rauhala, appointed in Feb 2013, has a tenure of 11.17 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 €3.81M. The average tenure of the management team and the board of directors is 5.3 years and 6 years respectively.
Key information
Jorma Rauhala
Chief executive officer
€1.5m
Total compensation
| CEO salary percentage | 28.2% |
| CEO tenure | 11.2yrs |
| CEO ownership | 0.06% |
| Management average tenure | 5.3yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Kesko Oyj (HEL:KESKOB) Shares Could Be 30% Below Their Intrinsic Value Estimate
Apr 21
Kesko Oyj's (HEL:KESKOB) Shares Lagging The Market But So Is The Business
Apr 07Kesko Oyj (HEL:KESKOB) Is Reducing Its Dividend To €0.26
Mar 21Kesko Oyj (HEL:KESKOB) Is Paying Out Less In Dividends Than Last Year
Feb 23Kesko Oyj's (HEL:KESKOB) Soft Earnings Are Actually Better Than They Appear
Feb 07Kesko Oyj's (HEL:KESKOB) Dividend Will Be Reduced To €0.26
Feb 02Slowing Rates Of Return At Kesko Oyj (HEL:KESKOB) Leave Little Room For Excitement
Jan 21Is Kesko Oyj (HEL:KESKOB) Using Too Much Debt?
Jan 06Investors Aren't Buying Kesko Oyj's (HEL:KESKOB) Earnings
Dec 22Kesko Oyj's (HEL:KESKOB) Dividend Will Be Increased To €0.27
Oct 28Kesko Oyj (HEL:KESKOB) Will Pay A Larger Dividend Than Last Year At €0.27
Oct 11Kesko Oyj's (HEL:KESKOB) Upcoming Dividend Will Be Larger Than Last Year's
Sep 27Kesko Oyj (HEL:KESKOB) Is Increasing Its Dividend To €0.27
Sep 13Here's What To Make Of Kesko Oyj's (HEL:KESKOB) Decelerating Rates Of Return
Sep 05Does Kesko Oyj (HEL:KESKOB) Have A Healthy Balance Sheet?
Aug 18Is Kesko Oyj (HEL:KESKOB) Trading At A 44% Discount?
Jun 30Kesko Oyj (HEL:KESKOB) Is Increasing Its Dividend To €0.27
Jun 07Returns At Kesko Oyj (HEL:KESKOB) Are On The Way Up
May 16These 4 Measures Indicate That Kesko Oyj (HEL:KESKOB) Is Using Debt Reasonably Well
May 01Kesko Oyj (HEL:KESKOB) Is Paying Out A Larger Dividend Than Last Year
Apr 02Do Kesko Oyj's (HEL:KESKOB) Earnings Warrant Your Attention?
Mar 06Are Investors Undervaluing Kesko Oyj (HEL:KESKOB) By 47%?
Feb 20Is Kesko Oyj (HEL:KESKOB) Using Too Much Debt?
Jan 24Kesko Oyj (HEL:KESKOB) Might Have The Makings Of A Multi-Bagger
Jan 09Here's Why Kesko Oyj (HEL:KESKOB) Has Caught The Eye Of Investors
Nov 24Are Investors Undervaluing Kesko Oyj (HEL:KESKOB) By 48%?
Nov 10Returns On Capital Are Showing Encouraging Signs At Kesko Oyj (HEL:KESKOB)
Aug 17Kesko Oyj (HEL:KESKOB) Could Easily Take On More Debt
Aug 04If EPS Growth Is Important To You, Kesko Oyj (HEL:KESKOB) Presents An Opportunity
Jul 22Kesko Oyj (HEL:KESKOB) Is Doing The Right Things To Multiply Its Share Price
May 16Are Investors Undervaluing Kesko Oyj (HEL:KESKOB) By 45%?
May 01Is Kesko Oyj (HEL:KESKOB) A Risky Investment?
Apr 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD1.65M) is above average for companies of similar size in the Finnish market ($USD1.19M).
Compensation vs Earnings: Jorma's compensation has been consistent with company performance over the past year.
CEO
Jorma Rauhala (58 yo)
11.2yrs
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 | 11.2yrs | €1.54m | 0.060% € 3.8m | |
| CFO, Executive VP & Member of Group Management Board | 12.4yrs | no data | 0.033% € 2.1m | |
| President of Grocery Trade & Member of Group Management Board | 6.4yrs | no data | 0.033% € 2.1m | |
| Executive VP of HR & Member of Group Management Board | 11.5yrs | no data | 0.030% € 1.9m | |
| EVP of Communications | 3.5yrs | no data | 0.017% € 1.1m | |
| Executive VP of Sustainability & Public Affairs and Member of Group Management Board | 3yrs | no data | 0.0063% € 399.7k | |
| President of Building & Technical Trade Division and Member of Group Management Board | less than a year | no data | 0.0030% € 191.2k | |
| Acting 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 | 15.3yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Group General Counsel & Company Secretary | 4.3yrs | no data | no data | |
| Head of K Publicity | no data | no data | no data |
5.3yrs
Average Tenure
50yo
Average Age
Experienced Management: KESKOB's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Deputy Chairman | 6yrs | €70.20k | 0.0047% € 299.6k | |
| Independent Director | 3yrs | €57.70k | 0.00095% € 60.6k | |
| Chairman of the Board | 15.1yrs | €114.60k | 0.12% € 7.5m | |
| Independent Director | 8yrs | €74.40k | 0.0027% € 171.5k | |
| Independent Director | 6yrs | €55.90k | 0.0013% € 81.0k | |
| Director | 3yrs | €52.90k | 0.058% € 3.7m | |
| Director | less than a year | no data | no data |
6.0yrs
Average Tenure
60yo
Average Age
Experienced Board: KESKOB's board of directors are considered experienced (6 years average tenure).