QPR Software Oyj Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Heikki Veijola

Chief executive officer

€163.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	1.2yrs
CEO ownership	n/a
Management average tenure	1.8yrs
Board average tenure	3.2yrs

Recent management updates

Recent updates

Here's Why We Think QPR Software Oyj's (HEL:QPR1V) CEO Compensation Looks Fair for the time being

Mar 18

CEO Compensation Analysis

How has Heikki Veijola's remuneration changed compared to QPR Software Oyj's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	-€580k
Dec 31 2023	€163k	€163k	-€924k

Compensation vs Market: Heikki's total compensation ($USD174.86K) is below average for companies of similar size in the Finnish market ($USD346.14K).

Compensation vs Earnings: Insufficient data to compare Heikki's compensation with company performance.

CEO

Heikki Veijola (53 yo)

1.2yrs

Tenure

€163,000

Compensation

Mr. Heikki Veijola Interim Chief Revenue Officer of QPR Software Oyj since June 27, 2023. He is Chief Executive Officer and Member of the Executive Management Team at QPR Software Oyj since March 2023. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Heikki Veijola	CEO. Interim CRO & Member of the Executive Management Team	1.2yrs	€163.00k	no data
Mervi Kerkela-Hiltunen	CFO & Member of Executive Management Team	1.8yrs	no data	0.029% € 3.0k
Teemu Lehto	Chief Professional Services & Member of Executive Management Team	1.2yrs	no data	0.19% € 19.9k
Matti Erkheikki	Chief Product Officer & Member of Executive Management Team	16.8yrs	no data	0.011% € 1.2k
Tero Aspinen	VP of Middle East Business & Member of Exec. Mgmt Team	7.3yrs	no data	no data
Sanna Salo	Chief Marketing Officer & Member of Executive Management Team	2.3yrs	no data	0.029% € 3.0k
Mika Maliniemi	COO & Member of the Executive Management Team	less than a year	no data	no data

1.8yrs

Average Tenure

46yo

Average Age

Experienced Management: QPR1V's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Pertti Ervi	Independent Chairman	3.2yrs	€45.00k	0.41% € 42.8k
Jukka Tapaninen	Independent Director	3.2yrs	€25.00k	0.18% € 19.3k
Matti Heikkonen	Independent Director	3.2yrs	€25.00k	0.37% € 38.3k
Antti Koskela	Independent Director	3.2yrs	€25.00k	0.24% € 25.2k

3.2yrs

Average Tenure

56yo

Average Age

Experienced Board: QPR1V's board of directors are considered experienced (3.2 years average tenure).

QPR Software Oyj Management

Management criteria checks 2/4

Key information

Recent management updates

QPR Software Oyj Announces No Re-Election of Matti Heikkonen as Board Member

High number of new and inexperienced directors

QPR Software Plc Announces Executive Changes

QPR Software plc Announces Management Changes

QPR Software plc Announces CEO Changes

QPR Software Announces Resignation of Jussi Vasama as CEO, Effective April 18, 2023

Recent updates

First quarter 2024 earnings released: EPS: €0.001 (vs €0.017 loss in 1Q 2023)

QPR Software Oyj Reaffirms Earnings Guidance for the Year 2024

QPR Software Oyj (HEL:QPR1V) Is Making Moderate Use Of Debt

Full year 2023 earnings: EPS and revenues miss analyst expectations

QPR Software Oyj Provides Sales Guidance for the Year 2024

QPR Software Oyj Announces No Re-Election of Matti Heikkonen as Board Member

QPR Software Oyj to Report Fiscal Year 2023 Results on Feb 16, 2024

Consensus EPS estimates upgraded to €0.03 loss, revenue downgraded

Is QPR Software Oyj (HEL:QPR1V) A Risky Investment?

Third quarter 2023 earnings: EPS exceeds analyst expectations

QPR Software Oyj Updates Earnings Guidance for the Year 2023

QPR Software Oyj has completed a Follow-on Equity Offering in the amount of €0.7963 million.

High number of new and inexperienced directors

QPR Software Oyj Provides Financial Guidance for the Year 2023

QPR Software Plc Announces Executive Changes

QPR Software Plc Starts Change Negotiations to Adapt the Company's Operations and Improving its Profitability

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

QPR Software Oyj Provides Earnings Guidance for the Year 2022

QPR Software plc Announces Management Changes

QPR Software plc Announces CEO Changes

QPR Software Announces Resignation of Jussi Vasama as CEO, Effective April 18, 2023

QPR Software Oyj to Report Fiscal Year 2022 Final Results on Mar 20, 2023

Price target decreased to €0.70

High number of new and inexperienced directors

QPR Software Appoints Nomination Committee for 2022

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

QPR Software Oyj Provides Earnings Guidance for the Year 2022

QPR Software Showcases A New Market-Aligned Process Mining Solution At Snowflake’s Data Cloud World Tour

Is QPR Software Oyj (HEL:QPR1V) Using Debt In A Risky Way?

QPR Software Oyj Provides Earnings Guidance for the Year 2022

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Qpr Software Oyj Provides Turnover Guidance for 2022

QPR Software Oyj has completed a Follow-on Equity Offering in the amount of €3.448994 million.

QPR Software Plc Announces Management Appointments

Qpr Software Oyj Appoints Mervi Kerkelä-Hiltunen as Chief Financial Officer, Effective as of August 4, 2022

Qpr Software Oyj Develops Process Mining Data Bank for Public Administration Use

First quarter 2022 earnings: EPS and revenues miss analyst expectations

High number of new and inexperienced directors

QPR Software Oyj Provides Sales Guidance for the First Quarter and Full-Year 2022

Qpr Software Oyj Provides Earnings Outlook for the First Quarter and Year 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Does QPR Software Oyj (HEL:QPR1V) Have A Healthy Balance Sheet?

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

QPR Software Oyj to Report Fiscal Year 2021 Results on Mar 04, 2022

QPR Software Plc Provides Sales Guidance for the First Quarter and Year 2022

QPR Software Plc Provides Earnings Guidance for 2021

Qpr Software plc Announces Executive Changes

Third quarter 2021 earnings released: €0.014 loss per share (vs €0.029 loss in 3Q 2020)

Chairman of the Executive Management Team & CEO Jari Jaakkola has left the company

QPR Software Oyj Provides Earnings Guidance for the Year 2021

Second quarter 2021 earnings released: €0.019 loss per share (vs €0.027 loss in 2Q 2020)

First quarter 2021 earnings released: EPS €0.014 (vs €0.001 in 1Q 2020)

QPR Software Oyj Provides Earnings Guidance for the Year 2021

Independent Director has left the company

Independent Director has left the company

Independent Director has left the company

Independent Chairman of the Board Vesa-Pekka Leskinen has left the company

Here's Why We Think QPR Software Oyj's (HEL:QPR1V) CEO Compensation Looks Fair for the time being

Full year 2020 earnings released: €0.068 loss per share (vs €0.013 loss in FY 2019)

Full year 2020 earnings released: €0.068 loss per share (vs €0.013 loss in FY 2019)

New 90-day high: €2.36

QPR Software Signs Major Agreement with Central Government Organization from Middle East to Deliver Strategy Management Solution

QPR Software Expands Co-Operation with A Large European Energy Company

QPR Software Delivers Strategy and Performance Management Solution to Large Manufacturing Company in Middle East

QPR Software Delivers Process Mining Software to a Leading European Logistics Company

QPR Software Oyj to Report First Half, 2021 Results on Aug 04, 2021

QPR Software and QPR Services Initiates Co-Determination Negotiations Regarding Part-Time Lay-Offs

New 90-day low: €1.96