Gofore Oyj Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Mikael Nylund
Chief executive officer
€265.0k
Total compensation
| CEO salary percentage | 71.7% |
| CEO tenure | 5yrs |
| CEO ownership | 1.5% |
| Management average tenure | 3.9yrs |
| Board average tenure | 4.2yrs |
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 |
|---|---|---|---|
| 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 ($USD276.50K) is below average for companies of similar size in the Finnish market ($USD606.97K).
Compensation vs Earnings: Mikael's compensation has been consistent with company performance over the past year.
CEO
Mikael Nylund (49 yo)
5yrs
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 | 5yrs | €265.00k | 1.47% € 5.0m | |
| Director of Digital Transformation | 1.9yrs | €316.00k | 0.017% € 56.8k | |
| Chief Financial Officer | 4.6yrs | no data | 0.067% € 226.6k | |
| Head of Business | no data | no data | no data | |
| Director of Merger & Acquisitions and Chief Information Officer | 1.3yrs | no data | 0.035% € 119.2k | |
| General Counsel | 3.9yrs | no data | 0.014% € 48.2k | |
| Director of Sales & Customer Value | 3.2yrs | no data | 0.027% € 90.8k | |
| Director of People Operations | 3.9yrs | no data | 0.032% € 108.6k | |
| Chief Sustainability Officer | 5.3yrs | no data | no data | |
| Head of Business Segment Cities | no data | no data | no data | |
| Head of People | no data | no data | no data | |
| Digital Quality Assurance Director & MD of Gofore Verify Oy | no data | no data | 0.033% € 110.9k |
3.9yrs
Average Tenure
50yo
Average Age
Experienced Management: GOFORE's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 4.7yrs | €38.00k | no data | |
| Independent Director | 10.9yrs | €35.00k | 0.74% € 2.5m | |
| Independent Member | less than a year | no data | no data | |
| Independent Director | 3.8yrs | €35.00k | 0.027% € 92.0k | |
| Chairman of the Board | 5yrs | €75.00k | 10.04% € 33.9m | |
| Director | less than a year | no data | no data |
4.2yrs
Average Tenure
51yo
Average Age
Experienced Board: GOFORE's board of directors are considered experienced (4.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 10:38 |
| End of Day Share Price | 2024/12/20 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 here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Gofore Oyj is covered by 4 analysts. 2 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 |
|---|---|
| Panu Laitinmäki | Danske Bank |
| Daniel Lepistö | Danske Bank |
| Marianne Palmu | Inderes Oy |