Verkkokauppa.com Oyj Management
Management criteria checks 3/4
Verkkokauppa.com Oyj's CEO is Panu Porkka, appointed in Mar 2018, has a tenure of 7.58 years. total yearly compensation is €489.06K, comprised of 88.7% salary and 11.3% bonuses, including company stock and options. directly owns 0.26% of the company’s shares, worth €431.60K. The average tenure of the management team and the board of directors is 2.9 years and 2.6 years respectively.
Key information
Panu Porkka
Chief executive officer
€489.1k
Total compensation
| CEO salary percentage | 88.69% |
| CEO tenure | 7.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.9yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
Why Investors Shouldn't Be Surprised By Verkkokauppa.com Oyj's (HEL:VERK) 31% Share Price Surge
Jul 18
Verkkokauppa.com Oyj's (HEL:VERK) Earnings Offer More Than Meets The Eye
May 02Investors Appear Satisfied With Verkkokauppa.com Oyj's (HEL:VERK) Prospects As Shares Rocket 29%
Apr 29Verkkokauppa.com Oyj's (HEL:VERK) CEO Might Not Expect Shareholders To Be So Generous This Year
Apr 02Verkkokauppa.com Oyj (HEL:VERK) Surges 26% Yet Its Low P/S Is No Reason For Excitement
Feb 12Verkkokauppa.com Oyj (HEL:VERK) Shares Could Be 48% Below Their Intrinsic Value Estimate
Jan 30Verkkokauppa.com Oyj (HEL:VERK) Has Some Difficulty Using Its Capital Effectively
Oct 02We Think Verkkokauppa.com Oyj's (HEL:VERK) Solid Earnings Are Understated
Feb 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | €5m |
| Mar 31 2025 | n/a | n/a | €2m |
| Dec 31 2024 | €489k | €434k | -€803k |
| Sep 30 2024 | n/a | n/a | -€2m |
| Jun 30 2024 | n/a | n/a | -€744k |
| Mar 31 2024 | n/a | n/a | €2m |
| Dec 31 2023 | €598k | €394k | €2m |
| Sep 30 2023 | n/a | n/a | €1m |
| Jun 30 2023 | n/a | n/a | €946k |
| Mar 31 2023 | n/a | n/a | -€285k |
| Dec 31 2022 | €550k | €409k | €324k |
| Sep 30 2022 | n/a | n/a | €4m |
| Jun 30 2022 | n/a | n/a | €7m |
| Mar 31 2022 | n/a | n/a | €11m |
| Dec 31 2021 | €714k | €442k | €15m |
| Sep 30 2021 | n/a | n/a | €16m |
| Jun 30 2021 | n/a | n/a | €17m |
| Mar 31 2021 | n/a | n/a | €16m |
| Dec 31 2020 | €625k | €454k | €15m |
| Sep 30 2020 | n/a | n/a | €13m |
| Jun 30 2020 | n/a | n/a | €12m |
| Mar 31 2020 | n/a | n/a | €9m |
| Dec 31 2019 | €748k | €520k | €8m |
| Sep 30 2019 | n/a | n/a | €9m |
| Jun 30 2019 | n/a | n/a | €8m |
| Mar 31 2019 | n/a | n/a | €9m |
| Dec 31 2018 | €508k | €317k | €9m |
Compensation vs Market: Panu's total compensation ($USD574.15K) is about average for companies of similar size in the Finnish market ($USD499.15K).
Compensation vs Earnings: Panu's compensation has been consistent with company performance over the past year.
CEO
Panu Porkka (48 yo)
Mr. Panu Porkka has been the Chief Executive Officer of Verkkokauppa.com Oyj since March 22, 2018 and serves as its Managing Director. He served as an Independent Director of Solteq Oyj since March 27, 201...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Managing Director | 7.6yrs | €489.06k | 0.26% € 431.6k | |
| Founder & Director | 33.8yrs | €35.00k | 28.9% € 47.4m | |
| Chief Financial Officer | 1.4yrs | no data | 0.055% € 90.7k | |
| Chief Strategy & Technology Officer | 4.1yrs | no data | 0.055% € 90.9k | |
| Chief Marketing | 2.9yrs | no data | 0.011% € 18.1k | |
| Chief HR Officer | 1.6yrs | no data | 0.0040% € 6.5k | |
| Chief Experience Officer | 4yrs | no data | 0.044% € 72.5k | |
| Head of Brand & Communications | no data | no data | no data | |
| Chief Commercial Officer | 2yrs | no data | 0.033% € 54.4k | |
| Chief Supply Chain Officer | less than a year | no data | no data | |
| Sustainability Manager | no data | no data | no data |
Experienced Management: VERK's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Director | 27.8yrs | €35.00k | 28.9% € 47.4m | |
| Independent Chairperson of the Board | 7.6yrs | €88.00k | 0.14% € 237.2k | |
| Independent Director | 2.6yrs | €39.00k | 0.042% € 69.3k | |
| Independent Director | 2.6yrs | €41.00k | 0.031% € 50.2k | |
| Independent Director | 2.6yrs | €39.00k | 0.042% € 69.3k | |
| Director | 1.5yrs | €38.25k | 0.015% € 24.2k | |
| Independent Director | 1.5yrs | €32.25k | 0.026% € 43.3k |
Experienced Board: VERK's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/03 16:10 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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 |
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| 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Verkkokauppa.com Oyj is covered by 7 analysts. 3 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 |
|---|---|
| Tommy Ilmoni | Carnegie Investment Bank AB |
| Panu Laitinmäki | Danske Bank |
| Tommy Ilmoni | DNB Carnegie |