Wetteri Oyj Management
Management criteria checks 0/4
Wetteri Oyj's CEO is Aarne Simula, appointed in Dec 2022, has a tenure of 1.92 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 €17.98M. The average tenure of the management team and the board of directors is 1.3 years and 1.9 years respectively.
Key information
Aarne Simula
Chief executive officer
€866.0k
Total compensation
| CEO salary percentage | 73.9% |
| CEO tenure | 1.9yrs |
| CEO ownership | 33.0% |
| Management average tenure | 1.3yrs |
| Board average tenure | 1.9yrs |
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 ($USD915.82K) is above average for companies of similar size in the Finnish market ($USD322.80K).
Compensation vs Earnings: Insufficient data to compare Aarne's compensation with company performance.
CEO
Aarne Simula (59 yo)
1.9yrs
Tenure
€866,000
Compensation
Mr. Aarne Simula was Independent Director of NYAB Oyj from March 31, 2022 until April 26, 2023. Mr. Aarne Simula is Chief Executive Officer and Board member of Wetteri Oyj from December 9, 2022 and also se...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Board Member | 1.9yrs | €866.00k | 32.96% € 18.0m | |
| Chief Financial Officer | 1.7yrs | no data | no data | |
| Director of Investor Relations & Corporate Restructuring and Secretary to the Board of Directors | less than a year | no data | no data | |
| CHRO & CCO of Wetteri Yhtiöt Oy | no data | no data | no data | |
| Head of Western Finland Region | less than a year | no data | no data | |
| Head of the Eastern Finland Area | less than a year | no data | no data | |
| Chief Executive Officer of Wetteri Power Oy | 6.8yrs | no data | 0.0013% € 709.2 |
1.3yrs
Average Tenure
55yo
Average Age
Experienced Management: WETTERI's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Board Member | 1.9yrs | €866.00k | 32.96% € 18.0m | |
| Chairman of the Board | 1.9yrs | €63.00k | 0.30% € 161.9k | |
| Independent Board Member | 1.9yrs | €36.00k | 0.050% € 27.5k | |
| Independent Board Member | 1.9yrs | €36.00k | no data | |
| Independent Board Member | 1.9yrs | €39.00k | 0.070% € 37.9k | |
| Independent Vice Chairman of the Board | 1.9yrs | €38.00k | 0.0063% € 3.4k |
1.9yrs
Average Tenure
63.5yo
Average Age
Experienced Board: WETTERI's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.