Lehto Group Oyj Management

Management criteria checks 1/4

Lehto Group Oyj's CEO is Juuso Hietanen, appointed in May 2021, has a tenure of 2.75 years. total yearly compensation is €588.18K, comprised of 67.7% salary and 32.3% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth €9.39K. The average tenure of the management team and the board of directors is 2.4 years and 2.8 years respectively.

Key information

Juuso Hietanen

Chief executive officer

€588.2k

Total compensation

CEO salary percentage	67.7%
CEO tenure	2.8yrs
CEO ownership	0.3%
Management average tenure	2.4yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Juuso Hietanen's remuneration changed compared to Lehto Group Oyj's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2023	n/a	n/a	-€79m
Jun 30 2023	n/a	n/a	-€56m
Mar 31 2023	n/a	n/a	-€58m
Dec 31 2022	€588k	€398k	-€59m
Jun 30 2022	n/a	n/a	-€49m
Mar 31 2022	n/a	n/a	-€39m
Dec 31 2021	€394k	€263k	-€30m

Compensation vs Market: Juuso's total compensation ($USD634.43K) is above average for companies of similar size in the UK market ($USD347.67K).

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

CEO

Juuso Hietanen (46 yo)

2.8yrs

Tenure

€588,180

Compensation

Mr. Juuso Hietanen M.sc, serves as Chief Executive Officer of Lehto Group Oyj since May 01, 2021 & Member of Executive Board of Lehto Group Oyj since May 2021. He was President of Finland Business Unit at...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Juuso Hietanen	CEO & Member of Executive Board	2.8yrs	€588.18k	0.34% € 9.4k
Veli-Pekka Paloranta	CFO & Member of Executive Board	8.3yrs	no data	0.58% € 16.0k
Timo Reiniluoto	Executive VP of Business Support Services & Member of Executive Board	no data	no data	0.041% € 1.1k
Matti Koskela	Executive VP of Business Premises	2.1yrs	no data	0.035% € 979.0
Jani Pentti	Senior VP of Human Resources & Member of the Executive Board	1.7yrs	no data	no data
Matti Kuronen	Member of Executive Board	less than a year	no data	no data
Tapani Päkkilä	Chief Information Officer	7.5yrs	no data	no data
Markus Kouhi	General Counsel	no data	no data	no data
Teija Kettunen	Director of Communications	no data	no data	no data

2.4yrs

Average Tenure

50yo

Average Age

Experienced Management: 0RFZ's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Hannu Lehto	Director	2.8yrs	€91.08k	0.22% € 6.1k
Jani Nokkanen	Independent Director	2.8yrs	€45.98k	0.11% € 3.1k
Eero Sihvonen	Independent Chairman	1.8yrs	€37.28k	0.17% € 4.6k

2.8yrs

Average Tenure

60yo

Average Age

Experienced Board: 0RFZ's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Lehto Group Oyj Management

Management criteria checks 1/4

Key information

Recent management updates

Lehto Group Oyj Approves Board and Committee Changes

Lehto Group Oyj Announces Executive Changes

High number of new and inexperienced directors

Lehto Group Oyj Announces Executive Changes

Lehto Group Oyj Announces Board Changes

Lehto Group Oyj Announces Executive Changes

Recent updates

Lehto Group Oyj Approves Board and Committee Changes

Lehto Group Oyj Announces Executive Changes

Management of Insinööritoimisto Mäkeläinen Oy, Elvak Oy and Lehto Invest Oy signed an agreement to acquire Insinööritoimisto Mäkeläinen Oy from Lehto Group Oyj (HLSE:LEHTO).

Lehto Group Oyj to Report Fiscal Year 2023 Results on Mar 27, 2024

Lehto Group Oyj to Report Q1, 2024 Results on Apr 25, 2024

Lehto Group plc Announces Launching Change Negotiations in Order to Adapt Its Operations and Prepare for A Possible Corporate Reorganisation

New minor risk - Profitability

New major risk - Financial position

High number of new and inexperienced directors

An unknown buyer signed a letter of intent to acquire Lehto Asunnot Oy, Lehto Tilat Oy and Lehto Components Oy, Insinööritoimisto Mäkeläinen Oy from Lehto Group Oyj (HLSE:LEHTO) for €3 million.

Lehto Group Oyj Announces the Outlook for 2023 Given in Company's Half-Year Report on 27 July 2023 Is No Longer Valid

Lehto Group Oyj Announces Executive Changes

Lehto Group Oyj Announces Board Changes

Lehto Group Oyj Announces Executive Changes

Lehto Group Plc Provides Earnings Guidance for the Year 2023

Helena Säteri Informs Shareholder´s Nomination Committee That He Will No Longer Be Available to Serve on the Board of Directors of Lehto Group plc

Lehto Group Oyj Revises Earnings Guidance for the Year 2022

Lehto Group Oyj, Annual General Meeting, Mar 30, 2023

Lehto Group Oyj Announces Nomination Committee Appointments

Lehto Group Plc Announces Board Changes

Lehto Group Oyj Provides Earnings Guidance for the Year 2022

Renevo Group Oy completed the acquisition of Remonttipartio Oy from Lehto Group Oyj (HLSE:LEHTO).

Lehto Group plc Appoints Jani Pentti as Senior Vice President, Human Resources A Member of the Executive Board

Less than half of directors are independent

Lehto Group Plc Announces Management Appointments

High number of new directors

Lehto Group Oyj Provides Earnings Guidance for the Fiscal Year 2022

Lehto Group Oyj Provides Earnings Outlook for the Year 2021

Lehto Group plc Announces Appointment of Members of Shareholders' Nomination Committee

Lehto Group plc Closes Down its Swedish Business

High number of new and inexperienced directors

First half 2021 earnings released: €0.051 loss per share (vs €0.10 loss in 1H 2020)

Independent Director has left the company

Lehto Group Plc Reaffirms Earnings Guidance for the Fiscal Year 2021

Full year 2020 earnings released: €0.12 loss per share (vs €0.61 loss in FY 2019)

Revenue misses expectations

Full year 2020 earnings released: €0.12 loss per share (vs €0.61 loss in FY 2019)

Revenue misses expectations

Lehto Group Oyj Announces Mikko Räsänen Will Not Be Available for Reelection

Lehto Group Oyj to Report Nine Months, 2021 Results on Nov 04, 2021

Third quarter 2020 earnings released: €0.055 loss per share

Revenue misses expectations

Lehto Group Plc Names Hannu Lehto, Jaakko Heikkilä and Esko Torsti as Shareholders' Nomination Committee

Lehto Group Oyj(HLSE:LEHTO) dropped from S&P Global BMI Index

Lehto Withdrew Its Guidance on Its 2020 Financial Outlook

First half earnings released

Lehto Group plc Announces CEO Changes

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age