Fortum Oyj Management
Management criteria checks 3/4
Fortum Oyj's CEO is Markus Rauramo, appointed in Jul 2020, has a tenure of 4.33 years. total yearly compensation is €3.06M, comprised of 52.6% salary and 47.4% bonuses, including company stock and options. directly owns 0.013% of the company’s shares, worth €1.62M. The average tenure of the management team and the board of directors is 3.7 years and 1.6 years respectively.
Key information
Markus Rauramo
Chief executive officer
€3.1m
Total compensation
| CEO salary percentage | 52.6% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.01% |
| Management average tenure | 3.7yrs |
| Board average tenure | 1.6yrs |
Recent management updates
Recent updates
Fortum Oyj Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Nov 02
Fortum Oyj (HEL:FORTUM) Shares Could Be 40% Below Their Intrinsic Value Estimate
Oct 14Fortum Oyj (HEL:FORTUM) Will Pay A Dividend Of €0.57
Aug 05Fortum Oyj (HEL:FORTUM) Has Announced A Dividend Of €0.57
Jul 22Fortum Oyj's (HEL:FORTUM) Business And Shares Still Trailing The Market
Jul 21Fortum Oyj (HEL:FORTUM) Will Pay A Dividend Of €0.57
Jun 28Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57
Jun 09Fortum Oyj (HEL:FORTUM) Shares Could Be 38% Below Their Intrinsic Value Estimate
May 22Fortum Oyj (HEL:FORTUM) Is Due To Pay A Dividend Of €0.57
Apr 25Fortum Oyj's (HEL:FORTUM) Dividend Will Be €0.57
Mar 28We Think Shareholders May Want To Consider A Review Of Fortum Oyj's (HEL:FORTUM) CEO Compensation Package
Mar 19Is Fortum Oyj (HEL:FORTUM) A Risky Investment?
Mar 05Fortum Oyj's (HEL:FORTUM) Shareholders May Want To Dig Deeper Than Statutory Profit
Feb 14Pinning Down Fortum Oyj's (HEL:FORTUM) P/S Is Difficult Right Now
Dec 19Here's Why Fortum Oyj (HEL:FORTUM) Can Manage Its Debt Responsibly
Nov 18Fortum Oyj (HEL:FORTUM) Shares Could Be 31% Below Their Intrinsic Value Estimate
Nov 03Is There An Opportunity With Fortum Oyj's (HEL:FORTUM) 43% Undervaluation?
Jul 23An Intrinsic Calculation For Fortum Oyj (HEL:FORTUM) Suggests It's 26% Undervalued
Mar 29Does Fortum Oyj (HEL:FORTUM) Have A Healthy Balance Sheet?
Sep 02Need To Know: Analysts Are Much More Bullish On Fortum Oyj (HEL:FORTUM) Revenues
May 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | €1b |
| Jun 30 2024 | n/a | n/a | €1b |
| Mar 31 2024 | n/a | n/a | €1b |
| Dec 31 2023 | €3m | €2m | €2b |
| Sep 30 2023 | n/a | n/a | €2b |
| Jun 30 2023 | n/a | n/a | -€217m |
| Mar 31 2023 | n/a | n/a | €2b |
| Dec 31 2022 | €3m | €2m | €2b |
| Sep 30 2022 | n/a | n/a | €2b |
| Jun 30 2022 | n/a | n/a | €7b |
| Mar 31 2022 | n/a | n/a | €4b |
| Dec 31 2021 | €4m | €2m | €4b |
| Sep 30 2021 | n/a | n/a | €4b |
| Jun 30 2021 | n/a | n/a | €1b |
| Mar 31 2021 | n/a | n/a | €2b |
| Dec 31 2020 | €2m | €808k | €2b |
Compensation vs Market: Markus's total compensation ($USD3.23M) is about average for companies of similar size in the Finnish market ($USD3.29M).
Compensation vs Earnings: Markus's compensation has been consistent with company performance over the past year.
CEO
Markus Rauramo (56 yo)
4.3yrs
Tenure
€3,064,000
Compensation
Mr. Markus Heikki Erdem Rauramo, M. Sc. (Econ. and Pol.Hist.), served as the Chairman of Supervisory Board at Uniper SE since March 29, 2021. He has been Independent Director of Sampo Oyj since May 19, 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 4.3yrs | €3.06m | 0.013% € 1.6m | |
| Chief Financial Officer | 1.7yrs | no data | 0.0045% € 570.9k | |
| Head of Corporate Financial Services Unit | 17.4yrs | no data | no data | |
| Vice President of Investor Relations & Financial Communications | no data | no data | no data | |
| Executive VP of Legal | 3.5yrs | no data | 0.00023% € 28.9k | |
| Head of Publicity & Communications | no data | no data | no data | |
| Executive Vice President of People & Procurement | 3.5yrs | no data | 0.00038% € 47.8k | |
| Head of the Russia Division | 15.1yrs | no data | no data | |
| Executive Vice President of Consumer Solutions | 7.5yrs | no data | 0.0023% € 291.7k | |
| Chief Transformation Officer | no data | no data | 0.00016% € 20.1k | |
| Executive VP of Corporate Customers & Markets | 3.7yrs | no data | 0.00085% € 106.9k | |
| Executive Vice President of Sustainability & Corporate Relations | 3.3yrs | no data | 0.00040% € 50.3k |
3.7yrs
Average Tenure
56yo
Average Age
Experienced Management: FORTUM's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 4.6yrs | €78.00k | 0.00098% € 123.2k | |
| Independent Director | 1.6yrs | €67.00k | 0.00034% € 42.8k | |
| Independent Chair | 1.6yrs | €125.00k | 0.0011% € 133.3k | |
| Independent Director | 1.6yrs | €69.00k | 0.00034% € 42.8k | |
| Independent Director | 2.7yrs | €87.00k | 0.00045% € 56.6k | |
| Independent Deputy Chair | 6.7yrs | €107.00k | 0.00060% € 75.5k | |
| Independent Director | 3.6yrs | €73.00k | 0.00045% € 56.6k | |
| Independent Director | 1.6yrs | €59.00k | 0.00034% € 42.8k | |
| Independent Director | 1.6yrs | €57.00k | 0.00034% € 42.8k |
1.6yrs
Average Tenure
58yo
Average Age
Experienced Board: FORTUM's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.