YIT Oyj Management
Management criteria checks 1/4
YIT Oyj's CEO is Heikki Vuorenmaa, appointed in Dec 2022, has a tenure of 1.33 years. total yearly compensation is €581.96K, comprised of 82.7% salary and 17.3% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth €112.62K. The average tenure of the management team and the board of directors is 1.2 years and 1.8 years respectively.
Key information
Heikki Vuorenmaa
Chief executive officer
€582.0k
Total compensation
| CEO salary percentage | 82.7% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.03% |
| Management average tenure | 1.2yrs |
| Board average tenure | 1.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €582k | €481k | -€2m |
| Sep 30 2023 | n/a | n/a | €9m |
| Jun 30 2023 | n/a | n/a | €15m |
| Mar 31 2023 | n/a | n/a | €32m |
| Dec 31 2022 | €527k | €48k | €58m |
Compensation vs Market: Heikki's total compensation ($USD631.81K) is below average for companies of similar size in the UK market ($USD1.05M).
Compensation vs Earnings: Heikki's compensation has increased whilst the company is unprofitable.
CEO
Heikki Vuorenmaa (42 yo)
1.3yrs
Tenure
€581,962
Compensation
Mr. Heikki Vuorenmaa, M.Sc. (Economics), serves as Member of Supervisory Board at Ilmarinen Mutual Pension Insurance Company. He serves as Chairman of the Group Management Team, Chief Executive Officer & P...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Group Management Team | 1.3yrs | €581.96k | 0.026% € 112.6k | |
| Executive VP of Housing Segment | no data | €547.54k | 0.018% € 79.6k | |
| CFO & Member of Management Board | 2.4yrs | no data | 0.0052% € 22.5k | |
| Executive VP of Urban Development & ESG and Member of Group Management Board | 7.5yrs | no data | 0.011% € 49.7k | |
| Executive VP of Business Premises Segment & Member of Group Management Team | less than a year | no data | no data | |
| Executive VP of Infrastructure Segment & Member of Group Management Team | 1.1yrs | no data | no data | |
| Executive VP of Human Resources & Member of Group Management Team | less than a year | no data | no data | |
| Head of Corporate Finance | no data | no data | no data | |
| Vice President of Investor Relations | less than a year | no data | no data | |
| Corporate General Counsel & Secretary of the Board | no data | no data | no data | |
| Senior VP of Communications | 1.6yrs | no data | no data | |
| Senior Vice President of Customership and Living Services | no data | no data | no data |
1.2yrs
Average Tenure
48yo
Average Age
Experienced Management: YITH's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 2.1yrs | €90.57k | 0.0085% € 36.9k | |
| Independent Vice Chairman | 2.1yrs | €90.57k | 0.0095% € 41.3k | |
| Independent Director | 2.1yrs | €90.57k | 0.0074% € 31.9k | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | 1.5yrs | €69.15k | 0.0051% € 21.9k |
1.8yrs
Average Tenure
54yo
Average Age
Experienced Board: YITH's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/08 02:44 |
| End of Day Share Price | 2024/01/11 00:00 |
| Earnings | 2023/12/31 |
| 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
YIT Oyj is covered by 25 analysts. 5 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 |
|---|---|
| Fredric Cyon | ABG Sundal Collier |
| Christopher Moore | Berenberg |
| Mark Hake | BofA Global Research |