Marimekko Oyj Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Tiina Alahuhta-Kasko

Chief executive officer

€453.0k

Total compensation

CEO salary percentage	83.5%
CEO tenure	9yrs
CEO ownership	0.4%
Management average tenure	6.3yrs
Board average tenure	2.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tiina Alahuhta-Kasko's remuneration changed compared to Marimekko Oyj's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€453k	n/a	€24m
Sep 30 2023	n/a	n/a	€22m
Jun 30 2023	n/a	n/a	€20m
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 ($USD484.60K) is below average for companies of similar size in the UK market ($USD1.04M).

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

CEO

Tiina Alahuhta-Kasko (42 yo)

9yrs

Tenure

€453,000

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
Tiina Alahuhta-Kasko	CEO & President	9yrs	€453.00k	0.40% € 2.0m
Elina Anckar	Chief Financial Officer	8.3yrs	no data	0.037% € 183.3k
Rebekka Bay	Chief Creative Officer & Creative Director	3.6yrs	€10.39k	0.044% € 217.3k
Mikko-Heikki Inkeroinen	Chief Technology Officer	less than a year	€31.00k	0.066% € 327.3k
Essi Weseri	General Counsel	no data	no data	0.00025% € 1.2k
Anna Tuominen	Communications Director	no data	no data	no data
Sanna-Kaisa Niikko	Chief Marketing Officer	3.5yrs	no data	0.0063% € 31.5k
Tanya Strohmayer	Chief People Officer	7.2yrs	no data	0.029% € 142.7k
Tina Broman	Chief Supply Chain & Product Officer	6.5yrs	no data	0.027% € 134.2k
Riika Wikberg	Chief Business Development Officer	6.2yrs	no data	0.021% € 106.4k
Satu Maaranen	Head Designer of Ready-to-Wear	no data	no data	no data
Noora Laurila	Senior VP of Sales in Region West	no data	no data	no data

6.3yrs

Average Tenure

42yo

Average Age

Experienced Management: 0JX9's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mika Ihamuotila	Chairman of The Board	16yrs	€154.04k	12.54% € 62.5m
Teemu Kangas-Karki	Independent Vice Chairman of Board	2yrs	€45.00k	0.0065% € 32.4k
Carol Chen	Independent Director	3yrs	€26.00k	0.0066% € 33.1k
Tomoki Takebayashi	Independent Director	3yrs	€26.00k	0.0066% € 33.1k
Marianne Vikkula	Independent Director	2yrs	€30.00k	0.0048% € 24.1k
Massimiliano Brunazzo	Director	no data	no data	no data

2.5yrs

Average Tenure

56yo

Average Age

Experienced Board: 0JX9's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Marimekko Oyj Management

Management criteria checks 3/4

Key information

Recent management updates

Marimekko Oyj Approves the Election of Massimiliano Brunazzo as A New Member to the Board of Directors

High number of new and inexperienced directors

Marimekko Oyj Announces Executive Changes

Marimekko Corporation Announces Management Changes

Marimekko Oyj Announces Board Appointments

Marimekko Oyj Appoints Noora Laurila as Senior Vice President of Sales in Region West and Member of the Management Group, Effective from 14 September 2022

Recent updates

Marimekko and UNIQLO Will Launch A New Limited-Edition Collaboration Collection in May 2024

Marimekko Oyj Approves the Election of Massimiliano Brunazzo as A New Member to the Board of Directors

Upcoming dividend of €0.37 per share

Full year 2023 earnings released: EPS: €0.58 (vs €0.56 in FY 2022)

Marimekko Oyj to Report Fiscal Year 2023 Results on Mar 20, 2024

Dividend increased to €0.37

Full year 2023 earnings released: EPS: €0.58 (vs €0.56 in FY 2022)

Marimekko Oyj Proposes Dividend for the Financial Year 2023, Payout Date Is 25 April 2024

High number of new and inexperienced directors

Marimekko Oyj Announces Executive Changes

Marimekko and UNIQLO Re-Edition Collaboration Collection

Third quarter 2023 earnings released: EPS: €0.25 (vs €0.22 in 3Q 2022)

Marimekko Oyj to Report Fiscal Year 2023 Results on Feb 15, 2024

Marimekko Corporation Announces Management Changes

Second quarter 2023 earnings released: EPS: €0.12 (vs €0.12 in 2Q 2022)

Marimekko Oyj to Report Q3, 2024 Results on Nov 07, 2024

Marimekko Oyj Provides Earnings Guidance for 2023

Investor sentiment improves as stock rises 16%

Now 21% undervalued after recent price drop

First quarter 2023 earnings released: EPS: €0.06 (vs €0.12 in 1Q 2022)

Marimekko Oyj Provides Group Earnings Guidance for the Year 2023

Upcoming dividend of €0.34 per share at 3.5% yield

Full year 2022 earnings released: EPS: €0.56 (vs €0.60 in FY 2021)

Marimekko Oyj Provides Earnings Guidance for the Year of 2023

Full year 2022 earnings released

Marimekko Oyj Announces Board Appointments

Now 21% undervalued

Third quarter 2022 earnings released: EPS: €0.22 (vs €0.26 in 3Q 2021)

Marimekko Oyj Provides Earnings Guidance for 2022

Marimekko Releases Capsule Collection Made with Responsible Spinnova Fiber

Second quarter 2022 earnings released: EPS: €0.12 (vs €0.10 in 2Q 2021)

Marimekko Oyj to Report Nine Months, 2023 Results on Nov 08, 2023

Now 21% undervalued

Now 23% undervalued after recent price drop

Marimekko Oyj Appoints Noora Laurila as Senior Vice President of Sales in Region West and Member of the Management Group, Effective from 14 September 2022

First quarter 2022 earnings released: EPS: €0.12 (vs €0.11 in 1Q 2021)

Marimekko Oyj Provides Group Earnings Guidance for the Year 2022

Now 20% undervalued after recent price drop

Marimekko Announces Resignation of Dan Trapp as Chief Sales Officer and Member of the Management Group

Now 78% undervalued after recent price drop

Marimekko Corporation Announces Management Appointments

Upcoming dividend of €3.60 per share

Investor sentiment deteriorated over the past week

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

Marimekko Oyj Provides Group Earnings Guidance for the Year 2022

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS €1.30 (vs €0.98 in 3Q 2020)

Marimekko Provides Earnings Guidance for the Year 2021

Marimekko Oyj Provides Earnings Guidance for 2021

Second quarter 2021 earnings released: EPS €0.51 (vs €0.27 in 2Q 2020)

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS €0.55 (vs €0.022 in 1Q 2020)

Marimekko Oyj Raises Earnings Guidance for 2021

Independent Director has left the company

Independent Director has left the company

Independent Director has left the company

Full year 2020 earnings released: EPS €1.70 (vs €1.61 in FY 2019)

Revenue misses expectations

Investor sentiment improved over the past week

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age