Gofore Oyj Management

Management criteria checks 4/4

Gofore Oyj's CEO is Mikael Nylund, appointed in Dec 2019, has a tenure of 4.42 years. total yearly compensation is €265.00K, comprised of 71.7% salary and 28.3% bonuses, including company stock and options. directly owns 1.48% of the company’s shares, worth €5.80M. The average tenure of the management team and the board of directors is 3.3 years and 3.6 years respectively.

Key information

Mikael Nylund

Chief executive officer

€265.0k

Total compensation

CEO salary percentage71.7%
CEO tenure4.4yrs
CEO ownership1.5%
Management average tenure3.3yrs
Board average tenure3.6yrs

Recent management updates

We Think Shareholders May Consider Being More Generous With Gofore Oyj's (HEL:GOFORE) CEO Compensation Package

Mar 29
We Think Shareholders May Consider Being More Generous With Gofore Oyj's (HEL:GOFORE) CEO Compensation Package

Recent updates

We Think Shareholders May Consider Being More Generous With Gofore Oyj's (HEL:GOFORE) CEO Compensation Package

Mar 29
We Think Shareholders May Consider Being More Generous With Gofore Oyj's (HEL:GOFORE) CEO Compensation Package

Gofore Oyj (HEL:GOFORE) Is Increasing Its Dividend To €0.47

Mar 12
Gofore Oyj (HEL:GOFORE) Is Increasing Its Dividend To €0.47

Gofore Oyj (HEL:GOFORE) Has Announced That It Will Be Increasing Its Dividend To €0.47

Feb 24
Gofore Oyj (HEL:GOFORE) Has Announced That It Will Be Increasing Its Dividend To €0.47

Is There An Opportunity With Gofore Oyj's (HEL:GOFORE) 22% Undervaluation?

Jul 21
Is There An Opportunity With Gofore Oyj's (HEL:GOFORE) 22% Undervaluation?

One Gofore Oyj (HEL:GOFORE) Analyst Just Lifted Their Revenue Forecasts By A Notable 12%

Jan 18
One Gofore Oyj (HEL:GOFORE) Analyst Just Lifted Their Revenue Forecasts By A Notable 12%

Upgrade: Analysts Just Made A Sizeable Increase To Their Gofore Oyj (HEL:GOFORE) Forecasts

Mar 02
Upgrade: Analysts Just Made A Sizeable Increase To Their Gofore Oyj (HEL:GOFORE) Forecasts

Earnings Miss: Gofore Oyj Missed EPS By 17% And Analysts Are Revising Their Forecasts

Aug 17
Earnings Miss: Gofore Oyj Missed EPS By 17% And Analysts Are Revising Their Forecasts

I Ran A Stock Scan For Earnings Growth And Gofore Oyj (HEL:GOFORE) Passed With Ease

Jun 10
I Ran A Stock Scan For Earnings Growth And Gofore Oyj (HEL:GOFORE) Passed With Ease

Gofore Oyj (HEL:GOFORE) Is Yielding 1.2% - But Is It A Buy?

Apr 29
Gofore Oyj (HEL:GOFORE) Is Yielding 1.2% - But Is It A Buy?

Does Gofore Oyj (HEL:GOFORE) Have A Healthy Balance Sheet?

Mar 23
Does Gofore Oyj (HEL:GOFORE) Have A Healthy Balance Sheet?

Will Gofore Oyj (HEL:GOFORE) Multiply In Value Going Forward?

Mar 08
Will Gofore Oyj (HEL:GOFORE) Multiply In Value Going Forward?

We Think Gofore Oyj's (HEL:GOFORE) Statutory Profit Might Understate Its Earnings Potential

Feb 14
We Think Gofore Oyj's (HEL:GOFORE) Statutory Profit Might Understate Its Earnings Potential

Gofore Oyj's (HEL:GOFORE) Stock Is Going Strong: Is the Market Following Fundamentals?

Dec 30
Gofore Oyj's (HEL:GOFORE) Stock Is Going Strong: Is the Market Following Fundamentals?

Announcing: Gofore Oyj (HEL:GOFORE) Stock Increased An Energizing 106% In The Last Three Years

Dec 15
Announcing: Gofore Oyj (HEL:GOFORE) Stock Increased An Energizing 106% In The Last Three Years

What Type Of Shareholders Own The Most Number of Gofore Oyj (HEL:GOFORE) Shares?

Nov 30
What Type Of Shareholders Own The Most Number of Gofore Oyj (HEL:GOFORE) Shares?

CEO Compensation Analysis

How has Mikael Nylund's remuneration changed compared to Gofore Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

€17m

Dec 31 2023€265k€190k

€18m

Sep 30 2023n/an/a

€15m

Jun 30 2023n/an/a

€15m

Mar 31 2023n/an/a

€15m

Dec 31 2022€251k€192k

€12m

Sep 30 2022n/an/a

€10m

Jun 30 2022n/an/a

€11m

Mar 31 2022n/an/a

€9m

Dec 31 2021€190k€170k

€9m

Sep 30 2021n/an/a

€8m

Jun 30 2021n/an/a

€8m

Mar 31 2021n/an/a

€7m

Dec 31 2020€188k€162k

€7m

Sep 30 2020n/an/a

€6m

Jun 30 2020n/an/a

€5m

Mar 31 2020n/an/a

€5m

Dec 31 2019€9k€9k

€5m

Compensation vs Market: Mikael's total compensation ($USD285.04K) is below average for companies of similar size in the Finnish market ($USD644.11K).

Compensation vs Earnings: Mikael's compensation has been consistent with company performance over the past year.


CEO

Mikael Nylund (48 yo)

4.4yrs

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

NamePositionTenureCompensationOwnership
Mikael Nylund
Chief Executive Officer4.4yrs€265.00k1.48%
€ 5.8m
Elja Kirjavainen
Director of Digital Transformation1.3yrs€316.00k0.017%
€ 66.5k
Teppo Talvinko
Chief Financial Officer4yrsno data0.068%
€ 265.1k
Juhana Harmanen
Head of Businessno datano datano data
Ville Hurnonen
Director of Merger & Acquisitions and Chief Information Officerless than a yearno data0.036%
€ 139.5k
Kalle Maki
General Counsel3.3yrsno data0.014%
€ 56.4k
Riikka Vilminko-Heikkinen
Director of Sales & Customer Value2.6yrsno data0.027%
€ 106.2k
Sanna Hilden
Director of People Operations3.3yrsno data0.032%
€ 127.0k
Kristiina Härkönen
Chief Sustainability Officer4.8yrsno datano data
Simo Turunen
Head of Business Segment Citiesno datano datano data
Laura Tero
Head of Peopleno datano datano data
Anni Saarinen
Head of Business1.7yrsno datano data

3.3yrs

Average Tenure

48.5yo

Average Age

Experienced Management: GOFORE's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marja Kaario
Independent Director4.1yrs€38.00kno data
Sami Somero
Independent Director10.3yrs€35.00k0.74%
€ 2.9m
Antti Koskelin
Independent Memberless than a yearno datano data
Piia-Noora Kauppi
Independent Director3.2yrs€35.00k0.028%
€ 107.7k
Timur Kärki
Chairman of the Board4.4yrs€75.00k10.12%
€ 39.6m
Matti Saastamoinen
Directorless than a yearno datano data

3.6yrs

Average Tenure

50yo

Average Age

Experienced Board: GOFORE's board of directors are considered experienced (3.6 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.