Gofore Oyj Management
Management criteria checks 4/4
Gofore Oyj's CEO is Mikael Nylund, appointed in Dec 2019, has a tenure of 5.17 years. total yearly compensation is €265.00K, comprised of 71.7% salary and 28.3% bonuses, including company stock and options. directly owns 1.47% of the company’s shares, worth €5.07M. The average tenure of the management team and the board of directors is 3.1 years and 4.4 years respectively.
Key information
Mikael Nylund
Chief executive officer
€265.0k
Total compensation
| CEO salary percentage | 71.7% |
| CEO tenure | 5.2yrs |
| CEO ownership | 1.5% |
| Management average tenure | 3.1yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
Solid Earnings Reflect Gofore Oyj's (HEL:GOFORE) Strength As A Business
Nov 04
We Think Shareholders May Consider Being More Generous With Gofore Oyj's (HEL:GOFORE) CEO Compensation Package
Mar 29Gofore Oyj (HEL:GOFORE) Is Increasing Its Dividend To €0.47
Mar 12Gofore Oyj (HEL:GOFORE) Has Announced That It Will Be Increasing Its Dividend To €0.47
Feb 24Is There An Opportunity With Gofore Oyj's (HEL:GOFORE) 22% Undervaluation?
Jul 21One Gofore Oyj (HEL:GOFORE) Analyst Just Lifted Their Revenue Forecasts By A Notable 12%
Jan 18Upgrade: Analysts Just Made A Sizeable Increase To Their Gofore Oyj (HEL:GOFORE) Forecasts
Mar 02Earnings Miss: Gofore Oyj Missed EPS By 17% And Analysts Are Revising Their Forecasts
Aug 17I Ran A Stock Scan For Earnings Growth And Gofore Oyj (HEL:GOFORE) Passed With Ease
Jun 10Gofore Oyj (HEL:GOFORE) Is Yielding 1.2% - But Is It A Buy?
Apr 29Does Gofore Oyj (HEL:GOFORE) Have A Healthy Balance Sheet?
Mar 23Will Gofore Oyj (HEL:GOFORE) Multiply In Value Going Forward?
Mar 08We Think Gofore Oyj's (HEL:GOFORE) Statutory Profit Might Understate Its Earnings Potential
Feb 14
Gofore Oyj's (HEL:GOFORE) Stock Is Going Strong: Is the Market Following Fundamentals?
Dec 30Announcing: Gofore Oyj (HEL:GOFORE) Stock Increased An Energizing 106% In The Last Three Years
Dec 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | €16m |
| Sep 30 2024 | n/a | n/a | €18m |
| Jun 30 2024 | n/a | n/a | €17m |
| Mar 31 2024 | n/a | n/a | €17m |
| Dec 31 2023 | €265k | €190k | €18m |
| Sep 30 2023 | n/a | n/a | €15m |
| Jun 30 2023 | n/a | n/a | €15m |
| Mar 31 2023 | n/a | n/a | €15m |
| Dec 31 2022 | €251k | €192k | €12m |
| Sep 30 2022 | n/a | n/a | €10m |
| Jun 30 2022 | n/a | n/a | €11m |
| Mar 31 2022 | n/a | n/a | €9m |
| Dec 31 2021 | €190k | €170k | €9m |
| Sep 30 2021 | n/a | n/a | €8m |
| Jun 30 2021 | n/a | n/a | €8m |
| Mar 31 2021 | n/a | n/a | €7m |
| Dec 31 2020 | €188k | €162k | €7m |
| Sep 30 2020 | n/a | n/a | €6m |
| Jun 30 2020 | n/a | n/a | €5m |
| Mar 31 2020 | n/a | n/a | €5m |
| Dec 31 2019 | €9k | €9k | €5m |
Compensation vs Market: Mikael's total compensation ($USD276.94K) is below average for companies of similar size in the Finnish market ($USD550.66K).
Compensation vs Earnings: Mikael's compensation has been consistent with company performance over the past year.
CEO
Mikael Nylund (49 yo)
5.2yrs
Tenure
€265,000
Compensation
Mr. Mikael Nylund has been Chief Executive Officer of Gofore Oyj since December 11, 2019. Mr. Nylund served as Business Director of M&A and Deputy CEO of Gofore Oyj since January 1, 2019 until June 2019. M...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 5.2yrs | €265.00k | 1.47% € 5.1m | |
| Director of Digital Transformation | 2.1yrs | €316.00k | 0.017% € 58.0k | |
| Chief Financial Officer | 4.8yrs | no data | 0.067% € 231.4k | |
| Director of Merger & Acquisitions and Chief Information Officer | 1.5yrs | no data | 0.035% € 121.7k | |
| General Counsel & Director of Legal Matters | 4.1yrs | no data | 0.014% € 49.2k | |
| Director of People & Culture | 4.1yrs | no data | 0.032% € 110.8k | |
| Chief Sustainability Officer | 5.5yrs | no data | no data | |
| Head of Business Segment Cities | no data | no data | no data | |
| Head of People | no data | no data | no data | |
| CEO of the Dach Area | 1.1yrs | no data | no data | |
| Director of Brand | 1.1yrs | no data | 0.00097% € 3.3k | |
| Head of Sales and Customer Value | 1.1yrs | no data | no data |
3.1yrs
Average Tenure
50yo
Average Age
Experienced Management: GOFORE's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 4.8yrs | €38.00k | no data | |
| Independent Director | 11.1yrs | €35.00k | 0.74% € 2.5m | |
| Independent Member | 1.1yrs | no data | no data | |
| Independent Director | 3.9yrs | €35.00k | 0.027% € 94.0k | |
| Chairman of the Board | 5.2yrs | €75.00k | 10.04% € 34.6m | |
| Director | 1.1yrs | no data | no data |
4.4yrs
Average Tenure
51yo
Average Age
Experienced Board: GOFORE's board of directors are considered experienced (4.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/21 18:24 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Gofore Oyj is covered by 4 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 |
|---|---|
| null null | Danske Bank |
| Daniel Lepistö | Danske Bank |
| Marianne Palmu | Inderes Oy |