Marimekko Oyj Management
Management criteria checks 3/4
Marimekko Oyj's CEO is Tiina Alahuhta-Kasko, appointed in Apr 2015, has a tenure of 8.25 years. total yearly compensation is €1.05M, comprised of 36.2% salary and 63.8% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth €1.43M. The average tenure of the management team and the board of directors is 5.4 years and 2.3 years respectively.
Key information
Tiina Alahuhta-Kasko
Chief executive officer
€1.0m
Total compensation
| CEO salary percentage | 36.2% |
| CEO tenure | 8.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 5.4yrs |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | €20m |
| Dec 31 2022 | €1m | €378k | €23m |
| Sep 30 2022 | n/a | n/a | €25m |
| Jun 30 2022 | n/a | n/a | €26m |
| Mar 31 2022 | n/a | n/a | €25m |
| Dec 31 2021 | €1m | €364k | €24m |
| Sep 30 2021 | n/a | n/a | €22m |
| Jun 30 2021 | n/a | n/a | €19m |
| Mar 31 2021 | n/a | n/a | €18m |
| Dec 31 2020 | €443k | n/a | €13m |
| Sep 30 2020 | n/a | n/a | €12m |
| Jun 30 2020 | n/a | n/a | €11m |
| Mar 31 2020 | n/a | n/a | €11m |
| Dec 31 2019 | €413k | €413k | €13m |
| Sep 30 2019 | n/a | n/a | €12m |
| Jun 30 2019 | n/a | n/a | €10m |
| Mar 31 2019 | n/a | n/a | €15m |
| Dec 31 2018 | €403k | €292k | €14m |
Compensation vs Market: Tiina's total compensation ($USD1.16M) is about average for companies of similar size in the UK market ($USD1.02M).
Compensation vs Earnings: Tiina's compensation has been consistent with company performance over the past year.
CEO
Tiina Alahuhta-Kasko (42 yo)
8.3yrs
Tenure
€1,045,240
Compensation
Ms. Tiina Alahuhta-Kasko, M.Sc. (Econ.), CEMS MIM, has been the President at Marimekko Oyj since April 9, 2015 and has been its Chief Executive Officer since April 11, 2016. Ms. Alahuhta-Kasko has been Dir...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & President | 8.3yrs | €1.05m | 0.40% € 1.4m | |
| Chief Financial Officer | 7.6yrs | no data | 0.037% € 130.9k | |
| Chief Creative Officer & Creative Director | 2.8yrs | €10.39k | 0.044% € 155.2k | |
| General Counsel & Member of the Management Group | less than a year | no data | no data | |
| Senior VP of Sales in Region West & Member of Management Group | less than a year | no data | no data | |
| Senior Vice President of Sales in Region East & Member of the Management Group | less than a year | no data | no data | |
| Communications Director | no data | no data | no data | |
| Chief Marketing Officer | 2.8yrs | no data | 0.0063% € 22.5k | |
| Chief People Officer | 6.4yrs | no data | 0.029% € 101.9k | |
| Chief Supply Chain & Product Officer | 5.8yrs | no data | 0.027% € 95.8k | |
| Chief Digital Officer | 5.6yrs | no data | 0.019% € 67.4k | |
| Chief Business Development Officer | 5.4yrs | no data | 0.021% € 76.0k |
5.4yrs
Average Tenure
45yo
Average Age
Experienced Management: MEKKOH's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of The Board | 15.3yrs | €154.04k | 12.54% € 44.6m | |
| Independent Vice Chairman of Board | 1.3yrs | €43.00k | 0.0065% € 23.1k | |
| Independent Director | 8.3yrs | €31.00k | 0.066% € 233.7k | |
| Independent Director | 2.3yrs | €26.00k | 0.0066% € 23.7k | |
| Independent Director | 2.3yrs | €26.00k | 0.0066% € 23.7k | |
| Independent Director | 1.3yrs | €30.00k | 0.0048% € 17.2k |
2.3yrs
Average Tenure
51.5yo
Average Age
Experienced Board: MEKKOH's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.