Boreo Oyj Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Kari Nerg

Chief executive officer

€314.9k

Total compensation

CEO salary percentage	83.1%
CEO tenure	4yrs
CEO ownership	0.3%
Management average tenure	3.6yrs
Board average tenure	4.1yrs

Recent management updates

It's Unlikely That The CEO Of Boreo Oyj (HEL:BOREO) Will See A Huge Pay Rise This Year

Apr 11

Recent updates

Boreo Oyj's (HEL:BOREO) Soft Earnings Don't Show The Whole Picture

May 11

Investors Could Be Concerned With Boreo Oyj's (HEL:BOREO) Returns On Capital

May 01

It's Unlikely That The CEO Of Boreo Oyj (HEL:BOREO) Will See A Huge Pay Rise This Year

Apr 11

CEO Compensation Analysis

How has Kari Nerg's remuneration changed compared to Boreo Oyj's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	€2m
Dec 31 2023	€315k	€262k	€3m
Sep 30 2023	n/a	n/a	€3m
Jun 30 2023	n/a	n/a	€4m
Mar 31 2023	n/a	n/a	€5m
Dec 31 2022	€344k	€245k	€5m
Sep 30 2022	n/a	n/a	€6m
Jun 30 2022	n/a	n/a	€5m
Mar 31 2022	n/a	n/a	€3m
Dec 31 2021	€278k	€212k	€4m
Sep 30 2021	n/a	n/a	€3m
Jun 30 2021	n/a	n/a	€3m
Mar 31 2021	n/a	n/a	€4m
Dec 31 2020	€195k	€128k	€2m

Compensation vs Market: Kari's total compensation ($USD342.37K) is about average for companies of similar size in the Finnish market ($USD327.16K).

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

CEO

Kari Nerg (39 yo)

4yrs

Tenure

€314,882

Compensation

Mr. Kari Nerg has been President, Chief Executive Officer and Chief Operating Officer of the General Electronics Business Unit at Boreo Oyj since May 04, 2020 and serves as its Senior Vice President of Ele...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kari Nerg	President	4yrs	€314.88k	0.25% € 136.3k
Aku Rumpunen	Chief Financial Officer	3.6yrs	no data	no data
Mari Katara	Senior VP of People & Sustainability	3.6yrs	no data	0.19% € 102.7k
Janne Silvennoinen	Senior VP & Head of Technical Trade business area	3.6yrs	€343.89k	0.88% € 476.0k
Richard Karlsson	SVP & Co-Head of Technical Trade	3.3yrs	no data	1.85% € 1.0m
Tomi Sundberg	Senior VP and Head of Electronics BA & Head of Development-strategy	2.6yrs	no data	0.21% € 115.3k
Jesse Petaja	Senior Vice President of Merger & Acquisition and Co-Head of Technical Trade	2.2yrs	no data	1.07% € 578.5k

3.6yrs

Average Tenure

40yo

Average Age

Experienced Management: BOREO's management team is considered experienced (3.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Simon Hallqvist	Chairman of the Board	4.8yrs	€53.50k	no data
Jouni Gronroos	Independent Director	4.1yrs	€42.67k	0.053% € 28.9k
Nina Gronholm	Independent Director	4.1yrs	€37.17k	0.048% € 25.7k
Ralf Holmlund	Independent Director	4.2yrs	€30.67k	0.084% € 45.2k
Noora Neilimo-Kontio	Independent Director	1.1yrs	€23.85k	0.026% € 14.2k
Jussi Vanhanen	Director	less than a year	no data	no data

4.1yrs

Average Tenure

58yo

Average Age

Experienced Board: BOREO's board of directors are considered experienced (4.1 years average tenure).

Boreo Oyj Management

Management criteria checks 4/4

Key information

Recent management updates

Boreo Oyj Appoints Jussi Vanhanen as New Member of the Board of Directors

It's Unlikely That The CEO Of Boreo Oyj (HEL:BOREO) Will See A Huge Pay Rise This Year

Michaela von Wendt Does Not Stands for Re-Election to the Board of Boreo Oyj

High number of new and inexperienced directors

Yleiselektroniikka Oyj, Annual General Meeting, Apr 15, 2021

Recent updates

Boreo Oyj's (HEL:BOREO) Soft Earnings Don't Show The Whole Picture

Investors Could Be Concerned With Boreo Oyj's (HEL:BOREO) Returns On Capital

First quarter 2024 earnings: Revenues miss analyst expectations

Boreo Oyj Appoints Jussi Vanhanen as New Member of the Board of Directors

It's Unlikely That The CEO Of Boreo Oyj (HEL:BOREO) Will See A Huge Pay Rise This Year

Investor sentiment improves as stock rises 17%

At €22.20, Is Boreo Oyj (HEL:BOREO) Worth Looking At Closely?

Price target decreased by 29% to €24.00

Michaela von Wendt Does Not Stands for Re-Election to the Board of Boreo Oyj

Boreo Oyj Announces Changes in Organizational Structure

There May Be Reason For Hope In Boreo Oyj's (HEL:BOREO) Disappointing Earnings

New major risk - Financial position

Third quarter 2023 earnings released

Boreo Oyj Announces Second Dividend Installment, Payable on November 17, 2023

Is Boreo Oyj (HEL:BOREO) A Risky Investment?

Boreo Oyj to Report First Half, 2024 Results on Aug 07, 2024

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 11%

Boreo Oyj (HLSE:BOREO) acquired 100% stake in Delfin Technologies Oy from Tapani Lahtinen, Jouni Nuutinen and a group of private shareholders.

Boreo Oyj (HLSE:BOREO) agreed to acquire 100% stake in Delfin Technologies Oy from Tapani Lahtinen, Jouni Nuutinen and a group of private shareholders.

First quarter 2023 earnings released

Upcoming dividend of €0.22 per share at 1.1% yield

Full year 2022 earnings released: EPS: €1.77 (vs €1.99 in FY 2021)

Consensus EPS estimates increase by 189%

Consensus forecasts updated

Boreo Oyj (HLSE:BOREO) completed the acquisition of Filterit Oy from Olli Säynevirta and Jouni Maavuori.

Boreo Oyj to Report Nine Months, 2023 Results on Nov 02, 2023

Now 20% undervalued

Boreo Oyj (HLSE:BOREO) acquired 100% stake in J-matic Oy from CEO Jarkko Laukkanen.

Now 20% undervalued after recent price drop

Consensus EPS estimates increase by 61%

Third quarter 2022 earnings: Revenues exceed analyst expectations

Investor sentiment improved over the past week

Boreo plc Announces Second Dividend Installment, Payable on November 17, 2022

Boreo Oyj to Report Q3, 2022 Results on Nov 03, 2022

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings: Revenues exceed analyst expectations

Companies controlled by Yrjö Pönni acquired 90% stake in Electronic component distribution business in Russia from Boreo Oyj (HLSE:BOREO).

Investor sentiment improved over the past week

Boreo Oyj to Report First Half, 2022 Results on Aug 10, 2022

Boreo Oyj (HLSE:BOREO) acquired Operations of Led-Systems Oy.

First quarter 2022 earnings: Revenues exceed analyst expectations

High number of new and inexperienced directors

Upcoming dividend of €0.21 per share

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Now 21% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Price target decreased to €74.00

Upcoming dividend of €0.20 per share

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Boreo Oyj (HLSE:BOREO) signed a letter of intent to acquire Sievi Capital Plc (HLSE:SIEVI) from a group of shareholders.

Second quarter 2021 earnings released

Investor sentiment improved over the past week

Price target increased to €51.00

First quarter 2021 earnings released

Investor sentiment deteriorated over the past week

Upcoming dividend of €0.20 per share

Investor sentiment improved over the past week

Price target increased to €40.00

New 90-day high: €33.40

Full year 2020 earnings released

Earnings beat expectations, revenue disappoints

Analysts update estimates

Yleiselektroniikka Oyj, Annual General Meeting, Apr 15, 2021

Yleiselektroniikka Oyj (HLSE:YEINT) acquired PM Nordic AB and Sany Nordic AB from Richard Karlsson for SEK 65 million.

Market pulls back on stock over the past week

Market bids up stock over the past week

Market bids up stock over the past week