UPM-Kymmene Oyj Management

Management criteria checks 3/4

UPM-Kymmene Oyj's CEO is Massimo Reynaudo, appointed in Jan 2024, has a tenure of 1.25 years. total yearly compensation is €1.42M, comprised of 63% salary and 37% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth €435.34K. The average tenure of the management team and the board of directors is 9.6 years and 5.1 years respectively.

Key information

Massimo Reynaudo

Chief executive officer

€1.4m

Total compensation

CEO salary percentage63.0%
CEO tenure1.3yrs
CEO ownership0.004%
Management average tenure9.6yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

UPM-Kymmene Oyj (HEL:UPM) Has Affirmed Its Dividend Of €0.75

Apr 24
UPM-Kymmene Oyj (HEL:UPM) Has Affirmed Its Dividend Of €0.75

UPM-Kymmene Oyj (HEL:UPM) Has Affirmed Its Dividend Of €0.75

Apr 10
UPM-Kymmene Oyj (HEL:UPM) Has Affirmed Its Dividend Of €0.75

Returns On Capital Signal Tricky Times Ahead For UPM-Kymmene Oyj (HEL:UPM)

Apr 07
Returns On Capital Signal Tricky Times Ahead For UPM-Kymmene Oyj (HEL:UPM)

UPM-Kymmene Oyj (HEL:UPM) Has A Somewhat Strained Balance Sheet

Feb 25
UPM-Kymmene Oyj (HEL:UPM) Has A Somewhat Strained Balance Sheet

Is UPM-Kymmene Oyj (HEL:UPM) Trading At A 26% Discount?

Jan 17
Is UPM-Kymmene Oyj (HEL:UPM) Trading At A 26% Discount?
author-image

Innovative Strategies And Green Solutions Propel Future Growth Amidst Market Uncertainty

Nov 09 Optimization in Uruguay and leveraging advanced materials could boost UPM's profitability and revenue growth amid rising demand for CO2-free energy.

UPM-Kymmene Oyj's (HEL:UPM) Soft Earnings Don't Show The Whole Picture

Nov 06
UPM-Kymmene Oyj's (HEL:UPM) Soft Earnings Don't Show The Whole Picture

UPM-Kymmene Oyj Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next

Nov 02
UPM-Kymmene Oyj Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next

UPM-Kymmene Oyj (HEL:UPM) Is Due To Pay A Dividend Of €0.75

Oct 17
UPM-Kymmene Oyj (HEL:UPM) Is Due To Pay A Dividend Of €0.75

Investors Could Be Concerned With UPM-Kymmene Oyj's (HEL:UPM) Returns On Capital

Oct 10
Investors Could Be Concerned With UPM-Kymmene Oyj's (HEL:UPM) Returns On Capital

UPM-Kymmene Oyj (HEL:UPM) Has A Somewhat Strained Balance Sheet

Sep 25
UPM-Kymmene Oyj (HEL:UPM) Has A Somewhat Strained Balance Sheet

UPM-Kymmene Oyj's (HEL:UPM) Dividend Will Be €0.75

Sep 25
UPM-Kymmene Oyj's (HEL:UPM) Dividend Will Be €0.75

UPM-Kymmene Oyj's (HEL:UPM) Dividend Will Be €0.75

Aug 24
UPM-Kymmene Oyj's (HEL:UPM) Dividend Will Be €0.75

UPM-Kymmene Oyj (HEL:UPM) Has Affirmed Its Dividend Of €0.75

Aug 05
UPM-Kymmene Oyj (HEL:UPM) Has Affirmed Its Dividend Of €0.75

UPM-Kymmene Oyj (HEL:UPM) Is Paying Out A Dividend Of €0.75

Jul 22
UPM-Kymmene Oyj (HEL:UPM) Is Paying Out A Dividend Of €0.75

UPM-Kymmene Oyj (HEL:UPM) Will Want To Turn Around Its Return Trends

Jul 12
UPM-Kymmene Oyj (HEL:UPM) Will Want To Turn Around Its Return Trends

UPM-Kymmene Oyj's (HEL:UPM) Dividend Will Be €0.75

Jun 23
UPM-Kymmene Oyj's (HEL:UPM) Dividend Will Be €0.75

UPM-Kymmene Oyj (HEL:UPM) Is Paying Out A Dividend Of €0.75

Jun 09
UPM-Kymmene Oyj (HEL:UPM) Is Paying Out A Dividend Of €0.75

UPM-Kymmene Oyj's (HEL:UPM) Intrinsic Value Is Potentially 30% Above Its Share Price

May 29
UPM-Kymmene Oyj's (HEL:UPM) Intrinsic Value Is Potentially 30% Above Its Share Price

UPM-Kymmene Oyj Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Apr 28
UPM-Kymmene Oyj Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

CEO Compensation Analysis

How has Massimo Reynaudo's remuneration changed compared to UPM-Kymmene Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

€301m

Dec 31 2024€1m€894k

€436m

Compensation vs Market: Massimo's total compensation ($USD1.61M) is below average for companies of similar size in the Finnish market ($USD2.54M).

Compensation vs Earnings: Insufficient data to compare Massimo's compensation with company performance.


CEO

Massimo Reynaudo (55 yo)

1.3yrs

Tenure

€1,418,000

Compensation

Mr. Massimo Reynaudo appointing as President and Chief Executive Officer from January 01, 2024 and serves as Executive Vice President of UPM Communication Papers at UPM-Kymmene Oyj on October 01, 2021. He...


Leadership Team

NamePositionTenureCompensationOwnership
Massimo Reynaudo
President & CEO1.3yrs€1.42m0.0036%
€ 435.3k
Tapio Korpeinen
CFO & Executive VP of UPM Energy14.9yrsno data0.044%
€ 5.4m
Harald Dialer
Executive VP of Technology & UPM Biorefiningless than a yearno datano data
Mika Mikkola
Vice President of Investor Relations13.7yrsno datano data
Juha Makela
General Counsel19.9yrsno data0.021%
€ 2.5m
Saara Tahvanainen
Executive Vice President of Marketing1.3yrsno data0.00019%
€ 23.2k
Riitta Savonlahti
Executive Vice President of Human Resources20.9yrsno data0.0043%
€ 527.1k
Anu Ahola
Senior Vice President of SBU Newspaper Publishing for UPM Paper Europe & North America17.3yrsno datano data
Kari Stahlberg
Executive Vice President of Strategy15.3yrsno data0.016%
€ 1.9m
Kenneth Raman
Senior Vice President of Treasury & Risk Management5.6yrsno datano data
Aki Temmes
Executive Vice President of UPM Fibres4.3yrsno data0.0014%
€ 172.4k
Mika Kekki
Executive Vice President of UPM Specialty Papersless than a yearno data0.0025%
€ 303.3k

9.6yrs

Average Tenure

55yo

Average Age

Experienced Management: UPM's management team is seasoned and experienced (9.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kim Wahl
Non-Executive Independent Deputy Chair13.1yrs€155.00k0.0056%
€ 689.7k
Jari Gustafsson
Non-Executive Independent Director4.1yrs€145.00k0.0011%
€ 138.2k
Henrik Ehrnrooth
Non-Executive Independent Chairman of the Board10yrs€251.00k0.0057%
€ 703.1k
Topi Manner
Non-Executive Independent Director3.1yrs€130.00k0.0015%
€ 183.4k
Martin Porta
Non-Executive Independent Director5.1yrs€148.00k0.0053%
€ 648.1k
Melanie Maas-Brunner
Independent Director1yr€130.00k0.00028%
€ 34.2k
Piia-Noora Kauppi
Non-Executive Independent Director12yrs€130.00k0.0052%
€ 629.8k
Pia Aaltonen-Forsell
Independent Director2yrs€165.00k0.00059%
€ 72.1k
Marjan Oudeman
Non-Executive Independent Director7yrs€145.00k0.0024%
€ 294.7k

5.1yrs

Average Tenure

55yo

Average Age

Experienced Board: UPM's board of directors are considered experienced (5.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/28 04:39
End of Day Share Price 2025/04/25 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

UPM-Kymmene Oyj is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Pallav MittalBarclays
Ramchandra KamathBarclays