Modulight Oyj Management

Management criteria checks 3/4

Modulight Oyj's CEO is Seppo Orsila, appointed in Jan 2019, has a tenure of 5.33 years. total yearly compensation is €273.00K, comprised of 89% salary and 11% bonuses, including company stock and options. directly owns 14.58% of the company’s shares, worth €5.50M. The average tenure of the management team and the board of directors is 5.3 years and 2.7 years respectively.

Key information

Seppo Orsila

Chief executive officer

€273.0k

Total compensation

CEO salary percentage89.0%
CEO tenure5.3yrs
CEO ownership14.6%
Management average tenure5.3yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Seppo Orsila's remuneration changed compared to Modulight Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-€12m

Dec 31 2023€273k€243k

-€12m

Sep 30 2023n/an/a

-€10m

Jun 30 2023n/an/a

-€8m

Mar 31 2023n/an/a

-€8m

Dec 31 2022€312k€270k

-€9m

Sep 30 2022n/an/a

-€10m

Jun 30 2022n/an/a

-€11m

Mar 31 2022n/an/a

-€8m

Dec 31 2021€408k€194k

-€5m

Dec 31 2020€213k€180k

€4m

Compensation vs Market: Seppo's total compensation ($USD291.26K) is about average for companies of similar size in the Finnish market ($USD346.33K).

Compensation vs Earnings: Seppo's compensation has been consistent with company performance over the past year.


CEO

Seppo Orsila (48 yo)

5.3yrs

Tenure

€273,000

Compensation

Mr. Seppo Orsila served as a Chairman at Modulight, Inc. from 2000 until September 30, 2021. He serves as a Chief Executive Officer at Modulight, Inc. since 2019 and serves as its Non-Independent Director....


Leadership Team

NamePositionTenureCompensationOwnership
Seppo Orsila
CEO & Non-Independent Director5.3yrs€273.00k14.58%
€ 5.5m
Ancuta Guina
Finance Director18.3yrsno data1.57%
€ 593.9k
Ville Vilokkinen
Director of Operations19.3yrsno data7.14%
€ 2.7m
Petteri Uusimaa
Chief Technology Officer5.3yrs€197.00k14.58%
€ 5.5m
Ulla Haapanen
Marketing Director5.3yrsno data0.12%
€ 45.4k
Jari Sillanpää
Director of Sales & Services3.3yrsno data0.12%
€ 45.5k
Kati Reiman
People & Culture Director5.3yrsno data0.69%
€ 260.1k

5.3yrs

Average Tenure

48yo

Average Age

Experienced Management: MODU's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Seppo Orsila
CEO & Non-Independent Director24.3yrs€273.00k14.58%
€ 5.5m
Jyrki Liljeroos
Independent Chairman of the Board7.3yrs€60.00k1.08%
€ 408.4k
Anne Koutonen
Independent Directorless than a yearno datano data
Pia Kantola
Independent Director2.7yrs€30.00kno data
Timur Karki
Independent Director2.7yrs€30.00k0.082%
€ 31.0k

2.7yrs

Average Tenure

54yo

Average Age

Experienced Board: MODU's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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