F-Secure Oyj Management

Management criteria checks 2/4

F-Secure Oyj's CEO is Timo Laaksonen, appointed in Jun 2022, has a tenure of 2.5 years. total yearly compensation is €501.00K, comprised of 84.2% salary and 15.8% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth €55.35K. The average tenure of the management team and the board of directors is 2.4 years and 2.9 years respectively.

Key information

Timo Laaksonen

Chief executive officer

€501.0k

Total compensation

CEO salary percentage84.2%
CEO tenure2.5yrs
CEO ownership0.02%
Management average tenure2.4yrs
Board average tenure2.9yrs

Recent management updates

Recent updates

F-Secure Oyj's (HEL:FSECURE) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 04
F-Secure Oyj's (HEL:FSECURE) Shareholders Have More To Worry About Than Only Soft Earnings

Are Investors Undervaluing F-Secure Oyj (HEL:FSECURE) By 45%?

Jul 21
Are Investors Undervaluing F-Secure Oyj (HEL:FSECURE) By 45%?

F-Secure Oyj (HEL:FSECURE) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

May 01
F-Secure Oyj (HEL:FSECURE) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

These 4 Measures Indicate That F-Secure Oyj (HEL:FSECURE) Is Using Debt Extensively

Apr 27
These 4 Measures Indicate That F-Secure Oyj (HEL:FSECURE) Is Using Debt Extensively

CEO Compensation Analysis

How has Timo Laaksonen's remuneration changed compared to F-Secure Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€21m

Jun 30 2024n/an/a

€20m

Mar 31 2024n/an/a

€21m

Dec 31 2023€501k€422k

€22m

Sep 30 2023n/an/a

€26m

Jun 30 2023n/an/a

€29m

Mar 31 2023n/an/a

€28m

Dec 31 2022€358k€180k

€30m

Compensation vs Market: Timo's total compensation ($USD522.53K) is about average for companies of similar size in the Finnish market ($USD603.07K).

Compensation vs Earnings: Timo's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Timo Laaksonen (63 yo)

2.5yrs

Tenure

€501,000

Compensation

Mr. Timo T. Laaksonen, M.Sc. (Econ.), served as Executive Vice President of Consumer Security at WithSecure Oyj (formerly known as F-Secure Oyj) since 2021 until 2022. He serves as President & Chief Execut...


Leadership Team

NamePositionTenureCompensationOwnership
Timo Laaksonen
President & CEO2.5yrs€501.00k0.017%
€ 55.4k
Sari Somerkallio
Chief Financial Officer2.4yrsno data0.0062%
€ 19.6k
Toby White
Chief Technology Officer2.4yrsno data0.016%
€ 50.6k
Antero Norkio
Senior Vice President of Corporate Development2.4yrsno data0.038%
€ 119.1k
Richard Larcombe
Chief Marketing Officer2.4yrsno data0.0049%
€ 15.4k
Kaisa Tikka-Mustonen
Chief People Officerless than a yearno datano data
T.L. Viswanathan
Chief Product Business Officer1.9yrsno datano data
Johannes Kossila
Chief Information Security Officerno datano datano data
Nina Lehto
Senior Vice President of Servicesless than a yearno datano data
Bruno Rodriguez
Chief Revenue Officerless than a yearno datano data

2.4yrs

Average Tenure

50.5yo

Average Age

Experienced Management: FSECURE's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Risto Siilasmaa
Director2.9yrs€43.15k34.37%
€ 108.9m
Pertti Ervi
Independent Chairman of the Board2.9yrs€95.85k0.060%
€ 189.9k
Thomas Jul
Independent Director2.9yrs€48.15k0.0061%
€ 19.2k
Tommi Uitto
Independent Directorless than a yearno datano data
Petra Teräsaho
Independent Director2.9yrs€54.51k0.0077%
€ 24.3k
Katja Kuusikumpu
Directorless than a yearno datano data

2.9yrs

Average Tenure

57.5yo

Average Age

Experienced Board: FSECURE's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 07:13
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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

F-Secure Oyj is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Veikkopekka SilvastiDanske Bank
Waltteri RossiDanske Bank
Marianne PalmuInderes Oy