Solteq Oyj Management
Management criteria checks 1/4
Solteq Oyj's CEO is Aarne Aktan, appointed in Jul 2022, has a tenure of 1.83 years. total yearly compensation is €350.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth €5.75K. The average tenure of the management team and the board of directors is 1.6 years and 2.2 years respectively.
Key information
Aarne Aktan
Chief executive officer
€350.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.6yrs |
| Board average tenure | 2.2yrs |
Recent management updates
Recent updates
Solteq Oyj (HEL:SOLTEQ) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 26
Returns On Capital Are Showing Encouraging Signs At Solteq Oyj (HEL:SOLTEQ)
Aug 25Solteq Oyj (HEL:SOLTEQ) Analysts Just Slashed This Year's Revenue Estimates By 11%
May 06Returns On Capital Signal Difficult Times Ahead For Solteq Oyj (HEL:SOLTEQ)
Apr 18Solteq Oyj (HEL:SOLTEQ) Shares Could Be 47% Below Their Intrinsic Value Estimate
Feb 06Solteq Oyj (HEL:SOLTEQ) Seems To Be Using A Lot Of Debt
Oct 19Is Now An Opportune Moment To Examine Solteq Oyj (HEL:SOLTEQ)?
Aug 12Solteq Oyj (HEL:SOLTEQ) Takes On Some Risk With Its Use Of Debt
May 06Is Solteq Oyj (HEL:SOLTEQ) Potentially Undervalued?
Feb 20Is Solteq Oyj (HEL:SOLTEQ) A Risky Investment?
Dec 27What Does Solteq Oyj's (HEL:SOLTEQ) Share Price Indicate?
Oct 28Does Solteq Oyj (HEL:SOLTEQ) Have A Healthy Balance Sheet?
Jun 04Here's Why We Think Solteq Oyj (HEL:SOLTEQ) Is Well Worth Watching
May 20Is There Now An Opportunity In Solteq Oyj (HEL:SOLTEQ)?
Apr 09If You Had Bought Solteq Oyj (HEL:SOLTEQ) Shares A Year Ago You'd Have Earned 293% Returns
Mar 07Solteq Oyj's (HEL:SOLTEQ) Intrinsic Value Is Potentially 84% Above Its Share Price
Feb 22Here's Why I Think Solteq Oyj (HEL:SOLTEQ) Might Deserve Your Attention Today
Feb 09
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -€6m |
| Dec 31 2023 | €350k | €350k | -€5m |
| Sep 30 2023 | n/a | n/a | €1m |
| Jun 30 2023 | n/a | n/a | -€2m |
| Mar 31 2023 | n/a | n/a | -€6m |
| Dec 31 2022 | €192k | €175k | -€5m |
| Sep 30 2022 | n/a | n/a | -€3m |
| Jun 30 2022 | n/a | n/a | €2m |
| Mar 31 2022 | n/a | n/a | €3m |
| Dec 31 2021 | €27k | n/a | €4m |
| Sep 30 2021 | n/a | n/a | €4m |
| Jun 30 2021 | n/a | n/a | €4m |
| Mar 31 2021 | n/a | n/a | €3m |
| Dec 31 2020 | €28k | n/a | €2m |
| Sep 30 2020 | n/a | n/a | €3m |
| Jun 30 2020 | n/a | n/a | €3m |
| Mar 31 2020 | n/a | n/a | €2m |
| Dec 31 2019 | €28k | n/a | €3m |
| Sep 30 2019 | n/a | n/a | €864k |
| Jun 30 2019 | n/a | n/a | €944k |
| Mar 31 2019 | n/a | n/a | €508k |
| Dec 31 2018 | €23k | n/a | €356k |
| Sep 30 2018 | n/a | n/a | -€287k |
| Jun 30 2018 | n/a | n/a | -€983k |
| Mar 31 2018 | n/a | n/a | -€565k |
| Dec 31 2017 | €25k | n/a | -€2m |
Compensation vs Market: Aarne's total compensation ($USD373.41K) is about average for companies of similar size in the Finnish market ($USD346.33K).
Compensation vs Earnings: Aarne's compensation has increased whilst the company is unprofitable.
CEO
Aarne Aktan (50 yo)
1.8yrs
Tenure
€350,000
Compensation
Mr. Aarne Aktan serves as Chief Executive Officer at Solteq Oyj since July 1, 2022. He had been a Director of Solteq Oyj since October 19, 2015 until June 30, 2022. Mr. Aktan serves as Managing Director at...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.8yrs | €350.00k | 0.046% € 5.8k | |
| CFO & General Counsel | 9.7yrs | no data | no data | |
| Director of Communications & Marketing | 5.3yrs | no data | no data | |
| Vice President of People & Culture and Member of Executive Team | 1.3yrs | no data | no data | |
| Executive Vice President of Utilities Segment | 1.3yrs | no data | no data | |
| Executive Vice President of Retail & Commerce Segment | 1.3yrs | no data | no data |
1.6yrs
Average Tenure
48yo
Average Age
Experienced Management: SOLTEQ's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 16.1yrs | €71.00k | 0.088% € 11.0k | |
| Independent Director | 1.3yrs | €26.00k | no data | |
| Independent Director | 5.2yrs | €37.00k | no data | |
| Independent Director | 2.2yrs | €40.00k | no data | |
| Independent Director | 5.2yrs | €41.00k | no data | |
| Independent Director | 2.2yrs | €38.00k | no data | |
| Director | less than a year | no data | no data |
2.2yrs
Average Tenure
46yo
Average Age
Experienced Board: SOLTEQ's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.