Finnair Oyj Management

Management criteria checks 3/4

Finnair Oyj's CEO is Turkka Kuusisto, appointed in Apr 2024, has a tenure of 1.08 years. total yearly compensation is €706.18K, comprised of 67% salary and 33% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth €54.86K. The average tenure of the management team and the board of directors is 2.8 years and 3.2 years respectively.

Key information

Turkka Kuusisto

Chief executive officer

€706.2k

Total compensation

CEO salary percentage66.98%
CEO tenure1.1yrs
CEO ownership0.01%
Management average tenure2.8yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

There May Be Reason For Hope In Finnair Oyj's (HEL:FIA1S) Disappointing Earnings

May 08
There May Be Reason For Hope In Finnair Oyj's (HEL:FIA1S) Disappointing Earnings

Finnair Oyj's (HEL:FIA1S) Share Price Is Still Matching Investor Opinion Despite 29% Slump

Apr 06
Finnair Oyj's (HEL:FIA1S) Share Price Is Still Matching Investor Opinion Despite 29% Slump

Finnair Oyj (HEL:FIA1S) Has A Somewhat Strained Balance Sheet

Mar 24
Finnair Oyj (HEL:FIA1S) Has A Somewhat Strained Balance Sheet
author-image

Despite Cost Pressures, New Routes And Partnerships May Strengthen Future Prospects

Focus on customer centricity and frequent flyers is poised to drive revenue growth through added value for core customers.

Finnair Oyj's (HEL:FIA1S) Shares Leap 31% Yet They're Still Not Telling The Full Story

Feb 14
Finnair Oyj's (HEL:FIA1S) Shares Leap 31% Yet They're Still Not Telling The Full Story

Returns At Finnair Oyj (HEL:FIA1S) Appear To Be Weighed Down

Dec 10
Returns At Finnair Oyj (HEL:FIA1S) Appear To Be Weighed Down

Finnair Oyj's (HEL:FIA1S) Earnings Quality Is Low

Nov 06
Finnair Oyj's (HEL:FIA1S) Earnings Quality Is Low

Earnings Update: Finnair Oyj (HEL:FIA1S) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

Oct 31
Earnings Update: Finnair Oyj (HEL:FIA1S) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

Finnair Oyj Just Missed EPS By 44%: Here's What Analysts Think Will Happen Next

Jul 24
Finnair Oyj Just Missed EPS By 44%: Here's What Analysts Think Will Happen Next

Finnair Oyj's (HEL:FIA1S) Business Is Trailing The Industry But Its Shares Aren't

Jul 20
Finnair Oyj's (HEL:FIA1S) Business Is Trailing The Industry But Its Shares Aren't

Finnair Oyj (HEL:FIA1S) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Apr 26
Finnair Oyj (HEL:FIA1S) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Is Finnair Oyj (HEL:FIA1S) A Risky Investment?

Apr 18
Is Finnair Oyj (HEL:FIA1S) A Risky Investment?

We Believe Finnair Oyj's (HEL:FIA1S) Earnings Are A Poor Guide For Its Profitability

Feb 22
We Believe Finnair Oyj's (HEL:FIA1S) Earnings Are A Poor Guide For Its Profitability

Earnings Miss: Finnair Oyj Missed EPS By 41% And Analysts Are Revising Their Forecasts

Feb 17
Earnings Miss: Finnair Oyj Missed EPS By 41% And Analysts Are Revising Their Forecasts

Is It Time To Consider Buying Finnair Oyj (HEL:FIA1S)?

Jan 19
Is It Time To Consider Buying Finnair Oyj (HEL:FIA1S)?

Finnair Oyj's (HEL:FIA1S) 26% Share Price Plunge Could Signal Some Risk

Dec 21
Finnair Oyj's (HEL:FIA1S) 26% Share Price Plunge Could Signal Some Risk

Calculating The Intrinsic Value Of Finnair Oyj (HEL:FIA1S)

Nov 27
Calculating The Intrinsic Value Of Finnair Oyj (HEL:FIA1S)

Is Finnair Oyj (HEL:FIA1S) Using Too Much Debt?

Oct 08
Is Finnair Oyj (HEL:FIA1S) Using Too Much Debt?

Finnair Oyj (HEL:FIA1S) Shares Could Be 23% Below Their Intrinsic Value Estimate

Aug 22
Finnair Oyj (HEL:FIA1S) Shares Could Be 23% Below Their Intrinsic Value Estimate

CEO Compensation Analysis

How has Turkka Kuusisto's remuneration changed compared to Finnair Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

€16m

Dec 31 2024€706k€473k

€37m

Compensation vs Market: Turkka's total compensation ($USD797.67K) is about average for companies of similar size in the Finnish market ($USD796.25K).

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


CEO

Turkka Kuusisto (45 yo)

1.1yrs
Tenure
€706,179
Compensation

Mr. Turkka Kuusisto, M.Sc. Tech serves as Chief Executive Officer & Member of Executive Board at Finnair Oyj since April 24, 2024. He serves as Member of Supervisory Board of Ilmarinen Mutual Pension Insur...


Leadership Team

NamePositionTenureCompensationOwnership
Turkka Kuusisto
CEO & Member of Executive Board1.1yrs€706.18k0.0098%
€ 54.9k
Jaakko Schildt
COO, Deputy to the CEO & Member of Executive Board9.2yrs€1.07m0.028%
€ 154.6k
Simon Large
Chief Customer Officer & Member of Executive Boardless than a year€58.19kno data
Kristian Pullola
CFO & Member of Executive Board2.6yrsno data0.013%
€ 72.7k
Sami Kalle Sarelius
Senior VP18.3yrsno data0.023%
€ 127.2k
Christine Rovelli
Chief Revenue Officer & Member of the Executive Board2.6yrsno data0.0071%
€ 39.8k
Paivyt Tallqvist
Senior VP of Communications & Member of Executive Board4.5yrsno data0.017%
€ 95.1k
Antti Kleemola
Chief Digital Officer & Member of Executive Board2.9yrsno data0.0076%
€ 42.9k
Kaisa Aalto-Luoto
Chief People Officer & Member of the Executive Board1.6yrsno datano data
Erkka Salonen
Director of Investor Relationsno datano datano data
Terhi Turpeinen
Vice President of Risk & Complianceno datano datano data
Juha Marjamaki
Representative Member of Management Board & Chairman of The Finnairin Insinooritryno datano datano data
2.8yrs
Average Tenure
51yo
Average Age

Experienced Management: FIA1S's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Juha Marjamaki
Representative Member of Management Board & Chairman of The Finnairin Insinooritryno datano datano data
Leif Grundstrom
Representative Member of Management Board & Chairman of The Finnairin Tekniset Ryno datano datano data
Mika Ihamuotila
Vice Chair of the Boardless than a yearno datano data
Montie Brewer
Independent Vice Chair7.2yrs€88.01k0.0026%
€ 14.5k
Jussi Siitonen
Director1.2yrs€50.81k0.0023%
€ 13.1k
Hannele Jakosuo-Jansson
Director4.2yrs€65.26k0.0028%
€ 15.8k
Sanna Suvanto-Harsaae
Chairman of the Board2.2yrs€136.57k0.0068%
€ 38.4k
Jukka Erlund
Director6.2yrs€72.56k0.0089%
€ 50.1k
Tiina Alahuhta-Kasko
Independent Director6.2yrs€60.79k0.0032%
€ 17.9k
Henrik Kjellberg
Independent Director7.2yrs€80.79k0.0072%
€ 40.5k
Lisa Farrar
Directorless than a yearno datano data
Nicolas Boutin
Directorless than a yearno datano data
3.2yrs
Average Tenure
54yo
Average Age

Experienced Board: FIA1S's board of directors are considered experienced (3.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/22 18:02
End of Day Share Price 2025/05/22 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Finnair Oyj is covered by 17 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lars HeindorffABG Sundal Collier
Andrew LobbenbergBarclays
Robin NybergCarnegie Investment Bank AB