Teleste Oyj Management

Management criteria checks 2/4

Teleste Oyj's CEO is Esa Harju, appointed in Jan 2022, has a tenure of 2.25 years. total yearly compensation is €398.15K, comprised of 70.3% salary and 29.7% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth €70.71K. The average tenure of the management team and the board of directors is 10.3 years and 1.3 years respectively.

Key information

Esa Harju

Chief executive officer

€398.2k

Total compensation

CEO salary percentage	70.3%
CEO tenure	2.3yrs
CEO ownership	0.1%
Management average tenure	10.3yrs
Board average tenure	1.3yrs

Recent management updates

Recent updates

Teleste Oyj (HEL:TLT1V) Stock Rockets 26% But Many Are Still Ignoring The Company

Mar 27

Teleste Corporation's (HEL:TLT1V) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Mar 18

What You Need To Know About Teleste Corporation's (HEL:TLT1V) Investor Composition

Mar 04

An Intrinsic Calculation For Teleste Corporation (HEL:TLT1V) Suggests It's 37% Undervalued

Feb 12

We're Not Counting On Teleste (HEL:TLT1V) To Sustain Its Statutory Profitability

Jan 28

Is Teleste Corporation (HEL:TLT1V) The Right Choice For A Smart Dividend Investor?

Jan 13

We Think Teleste (HEL:TLT1V) Has A Fair Chunk Of Debt

Dec 28

CEO Compensation Analysis

How has Esa Harju's remuneration changed compared to Teleste Oyj's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€398k	€280k	-€82k
Sep 30 2023	n/a	n/a	€2m
Jun 30 2023	n/a	n/a	-€2m
Mar 31 2023	n/a	n/a	-€3m
Dec 31 2022	€383k	€280k	-€6m

Compensation vs Market: Esa's total compensation ($USD427.11K) is about average for companies of similar size in the Finnish market ($USD336.99K).

Compensation vs Earnings: Esa's compensation has increased whilst the company is unprofitable.

CEO

Esa Harju (56 yo)

2.3yrs

Tenure

€398,154

Compensation

Mr. Esa Harju, M.Sc.(Eng.) has been President and Chief Executive Officer at Teleste Corporation since January 01, 2022 and serves as its Member of Advisory Board since January 2023. He served as Senior Vi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Esa Harju	President	2.3yrs	€398.15k	0.14% € 70.7k
Juha Hyytiäinen	Chief Financial Officer	10.3yrs	no data	0.061% € 30.8k
Markus Mattila	Senior Vice President of Operations	16.2yrs	no data	0.070% € 35.9k
Mika Kavanti	Vice President of Marketing and Channel Sales	12.7yrs	no data	no data
Tuomas Vanne	Senior Vice President of People & Culture	5.3yrs	no data	0.016% € 8.2k
Hanno Narjus	Head of Networks Business Area	17.3yrs	no data	0.056% € 28.4k
Pasi Jarvenpaa	Senior Vice President of Research & Development	11.3yrs	no data	0.038% € 19.4k
Valerian Sand	Senior Vice President of Public Safety & Mobility	2yrs	no data	0.0057% € 2.9k
Linda Kallas	Senior VP of Group Strategy	less than a year	no data	0.019% € 9.8k

10.3yrs

Average Tenure

55.5yo

Average Age

Experienced Management: TLT1V's management team is seasoned and experienced (10.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Esa Harju	President	1.3yrs	€398.15k	0.14% € 70.7k
Hanno Narjus	Head of Networks Business Area	1.3yrs	no data	0.056% € 28.4k
Kai Telanne	Independent Director	16yrs	€33.00k	0.20% € 104.3k
Neil Tang	Member of Advisory Board	1.3yrs	no data	no data
Timo Luukkainen	Chairman of the Board	8yrs	€66.00k	0.24% € 121.0k
Sandra Howe	Member of Advisory Board	1.3yrs	no data	no data
Anni Ronkainen	Independent Director	no data	no data	no data
Stephanie Mitchko-Beale	Member of Advisory Board	1.3yrs	no data	no data
Jussi Himanen	Independent Director	5yrs	€35.80k	0.078% € 39.9k
Vesa Korpimies	Non-Independent Director	5yrs	€35.80k	0.084% € 42.7k
Mirel Leino-Haltia	Independent Director	4yrs	€49.00k	0.090% € 45.7k
Joe Godas	Member of Advisory Board	less than a year	no data	no data

1.3yrs

Average Tenure

57yo

Average Age

Experienced Board: TLT1V's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Teleste Oyj Management

Management criteria checks 2/4

Key information

Recent management updates

Teleste Oyj Announces Heikki Mäkijärvi Will No Longer Continue as A Board Member

Teleste Oyj, Annual General Meeting, Apr 11, 2024

Teleste Corporation Establishes Personnel and Remuneration Committee

Teleste Appoints Joe Godas to Advisory Board

Teleste Appoints Linda Kallas as Senior Vice President, Group Strategy

High number of new and inexperienced directors

Recent updates

Teleste Oyj (HEL:TLT1V) Stock Rockets 26% But Many Are Still Ignoring The Company

Full year 2023 earnings released: €0.004 loss per share (vs €0.31 loss in FY 2022)

Teleste Oyj Announces Heikki Mäkijärvi Will No Longer Continue as A Board Member

Consensus EPS estimates fall by 15%, revenue upgraded

Teleste Oyj Provides Earnings Guidance for the Year 2024

Consensus EPS estimates fall by 56%

Teleste Oyj Provides Earnings Guidance for the Year 2023

Price target decreased by 27% to €3.00

Is Now The Time To Look At Buying Teleste Oyj (HEL:TLT1V)?

New major risk - Financial position

Third quarter 2023 earnings released: EPS: €0.03 (vs €0.23 loss in 3Q 2022)

Teleste Oyj Provides Earnings Guidance for the Full Year 2023

New minor risk - Share price stability

Teleste Oyj, Annual General Meeting, Apr 11, 2024

Teleste Corporation Establishes Personnel and Remuneration Committee

Second quarter 2023 earnings released: €0.01 loss per share (vs €0.08 loss in 2Q 2022)

Teleste Corporation Provides Earnings Guidance for the Year 2023

Teleste Appoints Joe Godas to Advisory Board

Teleste Appoints Linda Kallas as Senior Vice President, Group Strategy

Now 22% undervalued after recent price drop

First quarter 2023 earnings released: EPS: €0.13 (vs €0.007 in 1Q 2022)

Teleste Corporation Provides Sales Guidance for 2023

Now 20% undervalued after recent price drop

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

Now 24% undervalued after recent price drop

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

Now 21% undervalued

Teleste Corporation Proposes No Dividend for the Financial Period That Ended on 31 December 2022

High number of new and inexperienced directors

Teleste Announces Formation of Advisory Board for the North American Market

Is Now The Time To Look At Buying Teleste Corporation (HEL:TLT1V)?

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Teleste Corporation Provides Sales Guidance for 2022

Teleste Corporation to Report Fiscal Year 2022 Results on Feb 09, 2023

Teleste (HEL:TLT1V) Has A Somewhat Strained Balance Sheet

Teleste Launches S-Arrive Software for Uninterrupted On-Board Passenger Information

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Teleste Corporation Provides Sales Guidance for the Full Year 2022

Consensus EPS estimates fall by 75%

Investor sentiment deteriorated over the past week

When Should You Buy Teleste Corporation (HEL:TLT1V)?

Teleste Corporation Provides Update on Revenue Guidance for the Year 2022

Teleste Corporation Provides Earnings Guidance for the Year 2022

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Teleste Corporation Announces End-To-End 1.8 Ghz Network Demonstrated At Cablelabs' 10G Showcase Event

Price target decreased to €5.00

Teleste Corporation Approves Dividend for Financial Period That Ended on 31 December 2021, Payable on April 19, 2022

Teleste (HEL:TLT1V) Is Increasing Its Dividend To €0.14

Upcoming dividend of €0.14 per share

Full year 2021 earnings: EPS misses analyst expectations

Teleste (HEL:TLT1V) Is Paying Out A Larger Dividend Than Last Year

Teleste's (HEL:TLT1V) Dividend Will Be Increased To €0.14

Teleste Corporation Announces Nomination Board Appointments

Consensus EPS estimates fall by 32%

Full year 2021 earnings: EPS misses analyst expectations

Teleste Corporation (HLSE:TLT1V) acquired Ermetris S.R.L.

Price target decreased to €5.50

Teleste Corporation Provides Sales Guidance for 2021

Teleste Corporation Introduces New Nodes for Distributed Access Networks

First quarter 2021 earnings released: EPS €0.21 (vs €0.064 in 1Q 2020)

Teleste Corporation Provides Earnings Guidance for the Year 2021

Teleste (HEL:TLT1V) Seems To Use Debt Quite Sensibly

Upcoming dividend of €0.12 per share

Teleste Corporation's (HEL:TLT1V) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Teleste Corporation Proposes Dividend for the Financial Period Ended on December 31, 2020, Payable on April 16, 2021

Revenue beats expectations, earnings disappoint

What You Need To Know About Teleste Corporation's (HEL:TLT1V) Investor Composition

Analysts increase EPS estimates to €0.45

Teleste Corporation Supplies Passenger Information System As-A-Service Together with JCDecaux to Tampere Tramway in Finland