Lassila & Tikanoja Oyj Management

Management criteria checks 4/4

Lassila & Tikanoja Oyj's CEO is Eero Hautaniemi, appointed in Jan 2019, has a tenure of 5.25 years. total yearly compensation is €550.32K, comprised of 84.8% salary and 15.2% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth €471.98K. The average tenure of the management team and the board of directors is 4.7 years and 4.1 years respectively.

Key information

Eero Hautaniemi

Chief executive officer

€550.3k

Total compensation

CEO salary percentage	84.8%
CEO tenure	5.3yrs
CEO ownership	0.1%
Management average tenure	4.7yrs
Board average tenure	4.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eero Hautaniemi's remuneration changed compared to Lassila & Tikanoja Oyj's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	€28m
Dec 31 2023	€550k	€467k	€30m
Sep 30 2023	n/a	n/a	€36m
Jun 30 2023	n/a	n/a	€35m
Mar 31 2023	n/a	n/a	€33m
Dec 31 2022	€881k	€439k	€32m
Sep 30 2022	n/a	n/a	€30m
Jun 30 2022	n/a	n/a	€30m
Mar 31 2022	n/a	n/a	€31m
Dec 31 2021	€462k	€444k	€34m
Sep 30 2021	n/a	n/a	€32m
Jun 30 2021	n/a	n/a	€32m
Mar 31 2021	n/a	n/a	€22m
Dec 31 2020	n/a	n/a	€19m
Sep 30 2020	n/a	n/a	€18m
Jun 30 2020	n/a	n/a	€18m
Mar 31 2020	n/a	n/a	€34m
Dec 31 2019	€420k	€420k	€35m
Sep 30 2019	n/a	n/a	€37m
Jun 30 2019	n/a	n/a	€38m
Mar 31 2019	n/a	n/a	€32m
Dec 31 2018	n/a	n/a	€34m
Sep 30 2018	n/a	n/a	€34m
Jun 30 2018	n/a	n/a	€33m
Mar 31 2018	n/a	n/a	€32m
Dec 31 2017	€2k	n/a	€34m

Compensation vs Market: Eero's total compensation ($USD589.77K) is below average for companies of similar size in the UK market ($USD1.04M).

Compensation vs Earnings: Eero's compensation has been consistent with company performance over the past year.

CEO

Eero Hautaniemi (58 yo)

5.3yrs

Tenure

€550,317

Compensation

Mr. Eero Hautaniemi, M.Sc. (Econ.), serves as President and Chief Executive Officer of Lassila & Tikanoja Oyj since January 1, 2019 and also its Member of the Group Executive Board since January 01, 2019....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Eero Hautaniemi	President	5.3yrs	€550.32k	0.14% € 472.0k
Valtteri Palin	CFO & Member of the Group Executive Board	4.7yrs	no data	0.0041% € 13.4k
Jorma Mikkonen	Senior VP of Public Affairs and Sustainability & Member of the Group Executive Board	8.8yrs	no data	0.019% € 61.1k
Antti Tervo	Senior VP of Industrial Services & Member of the Group Executive Board	12.2yrs	no data	0.028% € 93.4k
Petri Salermo	Senior VP of Environmental Services & Member of Group Executive Board	11.3yrs	no data	0.050% € 164.3k
Sirpa Huopalainen	General Counsel	12.3yrs	no data	0.018% € 58.0k
Hilppa Rautpalo	Senior VP of Human Resources & Member of Group Executive Board	4.3yrs	no data	0.0046% € 15.1k
Antti Niitynpaa	Senior VP of Facility Services Finland & Member of the Group Executive Board	2.8yrs	no data	0.0029% € 9.5k
Edward Skarstrom	Chief Information Officer & Member of Executive Board	2.1yrs	no data	no data
Mikko Taipale	Senior VP of Facility Services Sweden & Member of Group Executive Board	less than a year	no data	no data
Inka Leisio	Vice President of Communications & Brand	no data	no data	no data
Jonas Bjork	Chief Executive Officer of Sand & Vattenbläst i Tyringe AB	2.2yrs	no data	no data

4.7yrs

Average Tenure

52yo

Average Age

Experienced Management: 0F29's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Teemu Kangas-Karki	Independent Director	8.1yrs	€38.50k	0.019% € 61.1k
Jukka Leinonen	Independent Chairman	3.3yrs	€75.50k	0.10% € 341.1k
Sakari Lassila	Independent Vice Chairman	13.1yrs	€52.60k	0.060% € 197.5k
Anni Ronkainen	Independent Director	1.1yrs	no data	0.0030% € 9.9k
Laura Lares	Independent Director	10.3yrs	€38.00k	0.022% € 72.4k
Pasi Tolppanen	Independent Director	4.1yrs	€38.50k	0.012% € 38.5k
Juuso Maijala	Director	less than a year	no data	no data

4.1yrs

Average Tenure

57yo

Average Age

Experienced Board: 0F29's board of directors are considered experienced (4.1 years average tenure).

Lassila & Tikanoja Oyj Management

Management criteria checks 4/4

Key information

Recent management updates

Lassila & Tikanoja plc Appoints Juha Saarinen as Chief Purchasing Officer and Member of Group Executive Board Effective 1 August 2024

Lassila & Tikanoja plc Appoints Representatives to its Nomination Board

Lassila & Tikanoja Oyj, Annual General Meeting, Mar 21, 2024

Laura Tarkka No Longer Available for the Election of the Members of the Board of Directors of Lassila & Tikanoja Plc

Lassila & Tikanoja Oyj Announces Board Changes

Lassila & Tikanoja Oyj Announces Board Changes, Effective January 1, 2023

Recent updates

Lassila & Tikanoja plc Provides Earnings Guidance for the Year 2024

New minor risk - Financial position

First quarter 2024 earnings released: €0.02 loss per share (vs €0.031 profit in 1Q 2023)

Lassila & Tikanoja plc Appoints Juha Saarinen as Chief Purchasing Officer and Member of Group Executive Board Effective 1 August 2024

Lassila & Tikanoja Oyj Approves Dividend for the Financial Year 2023, Payable on 3 April 2024

Upcoming dividend of €0.49 per share

Full year 2023 earnings released: EPS: €0.79 (vs €0.83 in FY 2022)

Full year 2023 earnings released: EPS: €0.79 (vs €0.83 in FY 2022)

Lassila & Tikanoja Oyj Provides Earnings Guidance for the Year 2024

Lassila & Tikanoja plc Provides Sales Guidance for the Fiscal Year 2023

Third quarter 2023 earnings released: EPS: €0.41 (vs €0.38 in 3Q 2022)

Lassila & Tikanoja plc Appoints Representatives to its Nomination Board

Lassila & Tikanoja Oyj, Annual General Meeting, Mar 21, 2024

Second quarter 2023 earnings released: EPS: €0.21 (vs €0.17 in 2Q 2022)

Lassila & Tikanoja Oyj Provides Earnings Guidance for the Year 2023

First quarter 2023 earnings released: EPS: €0.03 (vs €0.018 loss in 1Q 2022)

Upcoming dividend of €0.47 per share at 4.5% yield

Now 20% undervalued after recent price drop

Full year 2022 earnings released: EPS: €0.83 (vs €0.90 in FY 2021)

Laura Tarkka No Longer Available for the Election of the Members of the Board of Directors of Lassila & Tikanoja Plc

Lassila & Tikanoja Oyj Announces Board Changes

Lassila & Tikanoja Oyj Announces Board Changes, Effective January 1, 2023

Lassila & Tikanoja Oyj Provides Earnings Guidance for the Year 2022

Third quarter 2022 earnings released: EPS: €0.38 (vs €0.37 in 3Q 2021)

Lassila & Tikanoja Oyj Announces Composition of Nomination Board

Lassila & Tikanoja Oyj to Report Q1, 2023 Results on May 03, 2023

Second quarter 2022 earnings released: EPS: €0.17 (vs €0.21 in 2Q 2021)

Lassila & Tikanoja Oyj Provides Revenue Guidance for the Year 2022

First quarter 2022 earnings released: €0.018 loss per share (vs €0.068 profit in 1Q 2021)

Lassila & Tikanoja Oyj Provides Sales Guidance for the Year 2022

Upcoming dividend of €0.46 per share

Lassila & Tikanoja Oyj Appoints Jonas Björk as CEO of Lassila & Tikanoja’s Industrial Services Division

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Lassila & Tikanoja Oyj Announces Heikki Bergholm No Longer Available for the Election as Member of the Board of Directors

Lassila & Tikanoja Oyj Provides Group Earnings Guidance for the Year 2022

Lassila & Tikanoja Oyj Ordinary Shares to be Deleted from Other OTC

Third quarter 2021 earnings released: EPS €0.37 (vs €0.37 in 3Q 2020)

Senior VP of Facility Services Finland & Members of the Group Executive Board Tuomas Mäkipeska has left the company

Second quarter 2021 earnings released: EPS €0.21 (vs €0.07 loss in 2Q 2020)

Lassila & Tikanoja Oyj Announces Dividend for the Financial Year of 2020

Upcoming Dividend of €0.40 Per Share

Full year 2020 earnings released: EPS €0.50 (vs €0.91 in FY 2019)

Revenue beats expectations

Lassila & Tikanoja plc Announces Reorganization of its Divisions

Lassila & Tikanoja plc Announces Management Changes

Lassila & Tikanoja Oyj to Report First Half, 2021 Results on Jul 27, 2021

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age