Kesko Oyj Management

Management criteria checks 2/4

Kesko Oyj's CEO is Mikko Helander, appointed in Oct 2014, has a tenure of 8.33 years. directly owns 0.083% of the company’s shares, worth €6.69M. The average tenure of the management team and the board of directors is 8.3 years and 4.8 years respectively.

Key information

Mikko Helander

Chief executive officer

€4.4m

Total compensation

CEO salary percentagen/a
CEO tenure8.3yrs
CEO ownership0.08%
Management average tenure8.3yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mikko Helander's remuneration changed compared to Kesko Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2022n/an/a

€610m

Sep 30 2022n/an/a

€630m

Jun 30 2022n/an/a

€615m

Mar 31 2022n/an/a

€597m

Dec 31 2021€4mn/a

€572m

Sep 30 2021n/an/a

€524m

Jun 30 2021n/an/a

€544m

Mar 31 2021n/an/a

€477m

Dec 31 2020€3mn/a

€433m

Sep 30 2020n/an/a

€409m

Jun 30 2020n/an/a

€345m

Mar 31 2020n/an/a

€335m

Dec 31 2019€3m€930k

€328m

Sep 30 2019n/an/a

€293m

Jun 30 2019n/an/a

€245m

Mar 31 2019n/an/a

€211m

Dec 31 2018€2m€953k

€214m

Sep 30 2018n/an/a

€217m

Jun 30 2018n/an/a

€205m

Mar 31 2018n/an/a

€283m

Dec 31 2017€3m€935k

€273m

Sep 30 2017n/an/a

€177m

Jun 30 2017n/an/a

€173m

Mar 31 2017n/an/a

€93m

Dec 31 2016€2m€874k

€99m

Compensation vs Market: Mikko's total compensation ($USD4.69M) is above average for companies of similar size in the UK market ($USD3.26M).

Compensation vs Earnings: Mikko's compensation has increased by more than 20% in the past year.


CEO

Mikko Helander (62 yo)

8.3yrs

Tenure

€4,381,800

Compensation

Mr. Mikko Helander, M.Sc. (Eng.), served as Director at Stora Enso Oyj since March 14, 2019. He has been the Chairman of Management Board, Chief Executive Officer, President and Managing Director at Kesko...


Leadership Team

NamePositionTenureCompensationOwnership
Mikko Helander
Chairman of the Group Management Board8.3yrs€4.38m0.083%
€ 6.7m
Jukka Erlund
CFO, Executive VP & Member of Group Management Board11.3yrsno data0.035%
€ 2.8m
Ari Akseli
President of Grocery Trade & Member of Group Management Board5.3yrsno data0.020%
€ 1.6m
Matti Mettala
Executive VP of HR & Member of Group Management Board10.3yrsno data0.022%
€ 1.8m
Jorma Rauhala
President of Building & Technical Trade10yrsno data0.042%
€ 3.4m
Karoliina Partanen
EVP of Communications2.3yrsno data0.0041%
€ 332.0k
Matti Virtanen
President of Car Trade & Member of Management Board1.8yrsno data0.00025%
€ 20.2k
Riikka Joukio
Executive VP of Sustainability & Public Affairs and Member of Group Management Board1.8yrsno data0.000080%
€ 6.5k
Arto Hiltunen
Chief Information Officer & VP of IT Management14.2yrsno datano data
Hanna Jaakkola
Vice President of Investor Relationsno datano datano data
Lasse Luukkainen
Group General Counsel & Company Secretary3.1yrsno datano data
Mika Salmijärvi
Managing Director of Keslog Ltd17.3yrsno datano data

8.3yrs

Average Tenure

57yo

Average Age

Experienced Management: KESKOH's management team is seasoned and experienced (8.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Fagernäs
Independent Deputy Chairman4.8yrs€74.90k0.0043%
€ 346.5k
Timo Olavi Ritakallio
Independent Director1.8yrs€57.70k0.00064%
€ 51.7k
Esa Kiiskinen
Chairman of the Board13.9yrs€119.90k0.12%
€ 9.5m
Jannica Fagerholm
Independent Director6.8yrs€78.40k0.0023%
€ 184.2k
Toni Pokela
Director10.8yrs€56.10k0.19%
€ 15.5m
Piia Karhu
Independent Director4.8yrs€59.50k0.00096%
€ 77.5k
Jussi Perala
Director1.8yrs€54.10k0.058%
€ 4.7m

4.8yrs

Average Tenure

59yo

Average Age

Experienced Board: KESKOH's board of directors are considered experienced (4.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/02/18 14:18
End of Day Share Price 2022/11/21 00:00
Earnings2022/12/31
Annual Earnings2022/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Kesko Oyj is covered by 19 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.

AnalystInstitution
null nullABG Sundal Collier
Anna SchumacherBNP Paribas Exane
Robert JoyceBNP Paribas Exane