Wetteri Oyj Management
Management criteria checks 0/4
Wetteri Oyj's CEO is Aarne Simula, appointed in Dec 2022, has a tenure of 2.17 years. total yearly compensation is €866.00K, comprised of 73.9% salary and 26.1% bonuses, including company stock and options. directly owns 32.96% of the company’s shares, worth €13.44M. The average tenure of the management team and the board of directors is 1 years and 2.2 years respectively.
Key information
Aarne Simula
Chief executive officer
€866.0k
Total compensation
| CEO salary percentage | 73.9% |
| CEO tenure | 2.2yrs |
| CEO ownership | 33.0% |
| Management average tenure | 1yr |
| Board average tenure | 2.2yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -€9m |
| Jun 30 2024 | n/a | n/a | -€8m |
| Mar 31 2024 | n/a | n/a | -€5m |
| Dec 31 2023 | €866k | €640k | -€4m |
Compensation vs Market: Aarne's total compensation ($USD902.08K) is above average for companies of similar size in the Finnish market ($USD326.88K).
Compensation vs Earnings: Insufficient data to compare Aarne's compensation with company performance.
CEO
Aarne Simula (59 yo)
2.2yrs
Tenure
€866,000
Compensation
Mr. Aarne Simula is Member of Supervisory Board of LähiTapiola Keskinäinen Vakuutusyhtiö from 2024. Mr. Simula was Independent Director of NYAB Oyj from March 31, 2022 until April 26, 2023. Mr. Simula is C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Board Member | 2.2yrs | €866.00k | 32.96% € 13.4m | |
| Chief Financial Officer | 1.9yrs | no data | no data | |
| Director of IR & MA and Secretary to the Board of Directors | less than a year | no data | no data | |
| Head of Western Finland Region | 1yr | no data | no data | |
| Head of the Eastern Finland Area | 1yr | no data | no data |
1.0yrs
Average Tenure
56yo
Average Age
Experienced Management: WETTERI's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Board Member | 2.2yrs | €866.00k | 32.96% € 13.4m | |
| Independent Board Member | 2.2yrs | €36.00k | 0.050% € 20.6k | |
| Independent Board Member | 2.2yrs | €36.00k | no data | |
| Independent Vice Chair | 2.2yrs | €39.00k | 0.070% € 28.4k | |
| Independent Chairman of the Board | 2.2yrs | €38.00k | 0.0063% € 2.5k |
2.2yrs
Average Tenure
64yo
Average Age
Experienced Board: WETTERI's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/05 06:09 |
| End of Day Share Price | 2025/02/05 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.
Analysis Model and Snowflake
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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
Wetteri Oyj is covered by 2 analysts. 1 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 |
|---|---|
| Marianne Palmu | Inderes Oy |
| Thomas Westerholm | Inderes Oy |