Robit Oyj Management
Management criteria checks 2/4
Robit Oyj's CEO is Arto Halonen, appointed in Mar 2022, has a tenure of 2.17 years. total yearly compensation is €202.00K, comprised of 90.1% salary and 9.9% bonuses, including company stock and options. directly owns 0.18% of the company’s shares, worth €67.82K. The average tenure of the management team and the board of directors is 2.2 years and 2.2 years respectively.
Key information
Arto Halonen
Chief executive officer
€202.0k
Total compensation
| CEO salary percentage | 90.1% |
| CEO tenure | 2.2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.2yrs |
| Board average tenure | 2.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -€813k |
| Dec 31 2023 | €202k | €182k | -€3m |
| Sep 30 2023 | n/a | n/a | -€5m |
| Jun 30 2023 | n/a | n/a | -€3m |
| Mar 31 2023 | n/a | n/a | -€100k |
| Dec 31 2022 | €190k | n/a | €819k |
Compensation vs Market: Arto's total compensation ($USD219.80K) is below average for companies of similar size in the UK market ($USD354.91K).
Compensation vs Earnings: Arto's compensation has increased whilst the company is unprofitable.
CEO
Arto Halonen (42 yo)
2.2yrs
Tenure
€202,000
Compensation
Mr. Arto Halonen M.Sc. Eng., M.Sc. Econ., serves as Group Chief Executive Officer at Robit Oyj since March 15, 2022 and served as its Chief Operating Officer since February 2022. Mr. Halonen served as Grou...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 2.2yrs | €202.00k | 0.18% € 67.8k | |
| Group Chief Financial Officer | 2.2yrs | no data | 0.090% € 33.5k | |
| IR & Communications Manager | no data | no data | no data | |
| Group HR Director | 6.7yrs | no data | 0.092% € 34.5k | |
| Head of Operational Excellence | no data | no data | no data | |
| Head of Down The Hole Business Unit & VP Down the Hole | 1.5yrs | no data | 0.018% € 6.6k | |
| Secretary | 8.8yrs | no data | no data |
2.2yrs
Average Tenure
55yo
Average Age
Experienced Management: ROBITH's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman of the Board | 5.4yrs | €49.70k | 0.21% € 79.0k | |
| Independent Director | less than a year | no data | no data | |
| Board Advisor | 8.6yrs | no data | no data | |
| Independent Director | 1.2yrs | €42.40k | 0.12% € 46.1k | |
| Independent Director | 2.2yrs | €46.00k | 0.088% € 32.9k | |
| Independent Chairman of the Board | 2.2yrs | €69.10k | 0.099% € 37.1k | |
| Independent Director | 5.4yrs | €41.80k | 0.13% € 47.2k |
2.2yrs
Average Tenure
59yo
Average Age
Experienced Board: ROBITH's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/05/20 23:45 |
| End of Day Share Price | 2024/02/21 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Robit Oyj is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anton Itkonen | Carnegie Investment Bank AB |
| Marianne Palmu | Inderes Oy |
| Erkki Vesola | Inderes Oy |