Suominen Oyj Management

Management criteria checks 1/4

Suominen Oyj's CEO is Klaus Korhonen, appointed in Aug 2019, has a tenure of 3.33 years. directly owns 0.034% of the company’s shares, worth €58.74K. The average tenure of the management team and the board of directors is 3.6 years and 2.8 years respectively.

Key information

Klaus Korhonen

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.3yrs
CEO ownership	0.03%
Management average tenure	3.6yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO

Klaus Korhonen (48 yo)

3.3yrs

Tenure

Mr. Klaus Korhonen, LL M., serves as Interim President & CEO of Suominen Oyj since November 30, 2022. He is Senior Vice President of Human Resources and Legal Affairs at Suominen Oyj since August 19, 2019....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Klaus Korhonen	SVP of Human Resources & Legal Affairs	3.3yrs	no data	0.034% € 58.7k
Toni Tamminen	Chief Financial Officer	3.4yrs	no data	0.0061% € 10.6k
Mimoun Saïm	Senior Vice President of Global Operations	no data	no data	0.060% € 104.6k
Emilia Peltola	Vice President of Corporate Communications	3.8yrs	no data	no data
Lynda Kelly	SVP of Americas Business Area & Business Development	8.6yrs	no data	0.042% € 73.7k
Markku Koivisto	Senior Vice President of Europe business area and R&D	no data	no data	0.032% € 56.6k
Sirpa Koskinen	VP & Group Controller	no data	no data	no data

3.6yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 0M1M's management team is considered experienced (3.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nina Linander	Independent Director	2.8yrs	€46.76k	0.036% € 62.3k
Jaakko Eskola	Independent Chair of the Board of Directors	1.8yrs	€69.91k	0.025% € 44.3k
Laura Raitio	Independent Director	7.8yrs	€35.69k	0.037% € 64.7k
Andreas Ahlström	Deputy Chair of the Board	7.8yrs	€35.69k	0.037% € 64.7k
Björn Borgman	Independent Director	2.8yrs	€35.44k	0.026% € 45.7k
Aaron Barsness	Independent Director	less than a year	no data	no data

2.8yrs

Average Tenure

54.5yo

Average Age

Experienced Board: 0M1M's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Suominen Oyj Management

Management criteria checks 1/4

Key information

Recent management updates

Suominen Corporation Announces Jaakko Eskola Available for Re-Election to the Board of Directors

Suominen Corporation Announces Executive Changes

Suominen Oyj Renews Its Organization Model and Responsibilities of the Executive Management Team

Suominen Oyj Appoints Thomas Olsen as Senior Vice President, Effective from November 1, 2023

Suominen Oyj Announces Executive Changes

Janne Silonsaari to Start as the CFO of Suominen Corporation on June 1, 2023

Recent updates

Suominen Oyj Approves Dividend for the Financial Year of 2023, Payable on April 15, 2024

Suominen Corporation Announces Jaakko Eskola Available for Re-Election to the Board of Directors

Suominen Corporation Announces Executive Changes

Suominen Oyj Renews Its Organization Model and Responsibilities of the Executive Management Team

Suominen Oyj Appoints Thomas Olsen as Senior Vice President, Effective from November 1, 2023

Suominen Oyj to Report Fiscal Year 2023 Results on Feb 06, 2024

Suominen Oyj Announces Executive Changes

Suominen Oyj Approves the Proposal to Pay Dividend

Janne Silonsaari to Start as the CFO of Suominen Corporation on June 1, 2023

Suominen Oyj Appoints Jonni Friman as SVP, Transformation Management Office Effective June 1, 2023

Suominen Oyj Appoints Janne Silonsaari as CFO

Suominen Oyj Proposes Dividend for the Financial Year 2022, Payable on April 12, 2023

Suominen Oyj Announces CFO Changes

Suominen Corporation Announces Resignation of Laura Raitio from the Board of Directors

Suominen Initiates Consultation Procedure Concerning Plan to Permanently Close Manufacturing At Its Mozzate Plant in Italy

Suominen Oyj Announces Executive Changes

Suominen Oyj to Report Fiscal Year 2022 Results on Mar 06, 2023

Suominen Oyj Announces Resignation of Toni Tamminen as CFO

Suominen Launches HYDRASPUN Reserve to its Moist Toilet Tissue Nonwoven Portfolio

Suominen Launches Nonwoven Made with Recycled Paper

First quarter 2022 earnings released: €0.041 loss per share (vs €0.24 profit in 1Q 2021)

Suominen Corporation Launches BIOLACE® Zero, its First Carbon Neutral Nonwoven

Upcoming dividend of €0.20 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Suominen Corporation Proposes Dividend for the Financial Year 2021, Payable on April 7, 2022

Third quarter 2021 earnings released: €0.03 loss per share (vs €0.19 profit in 3Q 2020)

High number of new and inexperienced directors

Second quarter 2021 earnings released: EPS €0.11 (vs €0.15 in 2Q 2020)

Suominen Oyj Launches Biolace® Ultrasoft, A Plant-Based Nonwoven for Sensitive Skin

First quarter 2021 earnings released: EPS €0.24 (vs €0.062 in 1Q 2020)

Suominen Oyj Announces Guidance Unchanged for 2021

Hanmere Polythene Limited acquired 19.9% stake in Amerplast Ltd. from Suominen Oyj (HLSE:SUY1V).

Upcoming Dividend of €0.20 Per Share

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS €0.52 (vs €0.004 in FY 2019)

Revenue beats expectations

Suominen Oyj Announces Board Changes

Suominen Appoints Lynda Kelly as Senior Vice President, Americas Business, Effective January 1, 2021

Suominen Introduces BIOLACE Bamboo for Wipes A Sustainable Solution with Superior Softness and Cleanability

Suominen Oyj to Report Nine Months, 2021 Results on Oct 27, 2021

Suominen Launches BIOLACE® Combo

CEO

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Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age