Verkkokauppa.com Oyj Management
Management criteria checks 1/4
Verkkokauppa.com Oyj's CEO is Panu Porkka, appointed in Mar 2018, has a tenure of 6.75 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 €154.70K. The average tenure of the management team and the board of directors is 2.2 years and 1.8 years respectively.
Key information
Panu Porkka
Chief executive officer
€598.0k
Total compensation
| CEO salary percentage | 65.9% |
| CEO tenure | 6.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.2yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
Verkkokauppa.com Oyj (HEL:VERK) Has Some Difficulty Using Its Capital Effectively
Oct 02
We Think Verkkokauppa.com Oyj's (HEL:VERK) Solid Earnings Are Understated
Feb 15What 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 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD623.96K) is above average for companies of similar size in the Finnish market ($USD328.41K).
Compensation vs Earnings: Panu's compensation has increased whilst the company is unprofitable.
CEO
Panu Porkka (47 yo)
6.8yrs
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 | 6.8yrs | €598.00k | 0.26% € 154.7k | |
| Founder & Director | 32.9yrs | €35.00k | 29.48% € 17.4m | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Strategy & Technology Officer | 3.3yrs | no data | 0.028% € 16.3k | |
| Head of Investor Relations & Corporate Communications | less than a year | no data | no data | |
| Head of Legal | no data | no data | no data | |
| Chief Marketing | 2.1yrs | no data | 0.011% € 6.5k | |
| Chief HR Officer | less than a year | no data | no data | |
| Chief Experience Officer | 3.2yrs | no data | 0.022% € 13.0k | |
| Chief Supply Chain Officer | 2.3yrs | no data | 0.022% € 13.0k | |
| Head of Brand & Communications | no data | no data | no data | |
| Chief Commercial Officer | 1.2yrs | no data | 0.011% € 6.5k |
2.2yrs
Average Tenure
47yo
Average Age
Experienced Management: VERK's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Director | 26.9yrs | €35.00k | 29.48% € 17.4m | |
| Independent Chairperson of the Board | 6.8yrs | €89.00k | 0.11% € 64.6k | |
| Independent Director | 1.8yrs | €30.00k | 0.021% € 12.3k | |
| Independent Director | 1.8yrs | €32.00k | 0.021% € 12.3k | |
| Independent Director | 1.8yrs | €32.00k | 0.021% € 12.3k | |
| Director | less than a year | no data | no data | |
| Independent Director | less than a year | no data | no data |
1.8yrs
Average Tenure
49yo
Average Age
Experienced Board: VERK's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:02 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 .
Analyst Sources
Verkkokauppa.com Oyj is covered by 6 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 |
| Sauli Vilen | Inderes Oy |