Verkkokauppa.com Oyj Management
Management criteria checks 2/4
Verkkokauppa.com Oyj's CEO is Panu Porkka, appointed in Mar 2018, has a tenure of 6.08 years. total yearly compensation is €598.00K, comprised of 65.9% salary and 34.1% bonuses, including company stock and options. directly owns 0.26% of the company’s shares, worth €270.73K. The average tenure of the management team and the board of directors is 2.5 years and 1.1 years respectively.
Key information
Panu Porkka
Chief executive officer
€598.0k
Total compensation
| CEO salary percentage | 65.9% |
| CEO tenure | 6.1yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.5yrs |
| Board average tenure | 1.1yrs |
Recent management updates
Recent updates
We Think Verkkokauppa.com Oyj's (HEL:VERK) Solid Earnings Are Understated
Feb 15
What Is Verkkokauppa.com Oyj's (HEL:VERK) Share Price Doing?
Mar 17Verkkokauppa.com Oyj (HEL:VERK) Is Paying Out A Larger Dividend Than Last Year
Feb 13Verkkokauppa.com Oyj (HEL:VERK) Is Due To Pay A Dividend Of €0.059
Oct 24Verkkokauppa.com Oyj (HEL:VERK) Has Re-Affirmed Its Dividend Of €0.058
Jul 18A Look At The Intrinsic Value Of Verkkokauppa.com Oyj (HEL:VERK)
May 24Could Verkkokauppa.com Oyj (HEL:VERK) Have The Makings Of Another Dividend Aristocrat?
Apr 20Verkkokauppa.com Oyj (HEL:VERK) Is Aiming To Keep Up Its Impressive Returns
Apr 05Here's Why I Think Verkkokauppa.com Oyj (HEL:VERK) Is An Interesting Stock
Mar 19Is Verkkokauppa.com Oyj (HEL:VERK) Potentially Undervalued?
Mar 07Do Institutions Own Verkkokauppa.com Oyj (HEL:VERK) Shares?
Feb 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD636.98K) is above average for companies of similar size in the Finnish market ($USD335.44K).
Compensation vs Earnings: Panu's compensation has been consistent with company performance over the past year.
CEO
Panu Porkka (46 yo)
6.1yrs
Tenure
€598,000
Compensation
Mr. Panu Porkka serves as an Independent Director of Solteq Oyj since March 27, 2019. He has been the Chief Executive Officer of Verkkokauppa.com Oyj since March 22, 2018 and serves as its Managing Directo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Managing Director | 6.1yrs | €598.00k | 0.26% € 270.7k | |
| Founder & Director | 32.3yrs | €35.00k | 30.13% € 31.0m | |
| Chief Financial Officer | 4.6yrs | no data | 0.13% € 138.8k | |
| Chief Strategy & Technology Officer | 2.6yrs | no data | 0.028% € 28.5k | |
| Head of Investor Relations & Corporate communications | no data | no data | no data | |
| Head of Legal | no data | no data | no data | |
| Director of Marketing & Communications | 1.4yrs | no data | 0.011% € 11.4k | |
| Chief HR Officer | less than a year | no data | no data | |
| Chief Experience Officer | 2.5yrs | no data | 0.022% € 22.8k | |
| Sustainability Manager | no data | no data | no data | |
| Chief Supply Chain Officer | 1.6yrs | no data | 0.022% € 22.7k | |
| Head of Communications & Events | no data | no data | no data |
2.5yrs
Average Tenure
48yo
Average Age
Experienced Management: VERK's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Director | 26.3yrs | €35.00k | 30.13% € 31.0m | |
| Independent Chairperson of the Board | 6.1yrs | €89.00k | 0.092% € 94.4k | |
| Independent Director | 1.1yrs | €30.00k | 0.012% € 12.2k | |
| Independent Director | 1.1yrs | €32.00k | 0.012% € 12.2k | |
| Independent Director | 1.1yrs | no data | 0.012% € 12.2k | |
| Director | no data | no data | no data | |
| Independent Director | no data | no data | no data |
1.1yrs
Average Tenure
48yo
Average Age
Experienced Board: VERK's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.