Metsä Board Oyj

BATS-CHIXE:METSBH Stock Report

Market Cap: €2.6b

Metsä Board Oyj Management

Management criteria checks 2/4

Metsä Board Oyj's CEO is Mika Joukio, appointed in Oct 2014, has a tenure of 9.25 years. total yearly compensation is €2.48M, comprised of 21.6% salary and 78.4% bonuses, including company stock and options. directly owns 0.089% of the company’s shares, worth €2.34M. The average tenure of the management team and the board of directors is 2.7 years and 2.8 years respectively.

Key information

Mika Joukio

Chief executive officer

€2.5m

Total compensation

CEO salary percentage21.6%
CEO tenure9.3yrs
CEO ownership0.09%
Management average tenure2.7yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mika Joukio's remuneration changed compared to Metsä Board Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

€168m

Jun 30 2023n/an/a

€280m

Mar 31 2023n/an/a

€367m

Dec 31 2022€2m€536k

€410m

Sep 30 2022n/an/a

€404m

Jun 30 2022n/an/a

€365m

Mar 31 2022n/an/a

€340m

Dec 31 2021€2m€519k

€292m

Sep 30 2021n/an/a

€272m

Jun 30 2021n/an/a

€240m

Mar 31 2021n/an/a

€211m

Dec 31 2020€2m€511k

€170m

Sep 30 2020n/an/a

€137m

Jun 30 2020n/an/a

€123m

Mar 31 2020n/an/a

€107m

Dec 31 2019€3m€512k

€145m

Sep 30 2019n/an/a

€179m

Jun 30 2019n/an/a

€204m

Mar 31 2019n/an/a

€209m

Dec 31 2018€2m€510k

€203m

Sep 30 2018n/an/a

€195m

Jun 30 2018n/an/a

€177m

Mar 31 2018n/an/a

€170m

Dec 31 2017€1m€507k

€151m

Compensation vs Market: Mika's total compensation ($USD2.70M) is about average for companies of similar size in the UK market ($USD2.64M).

Compensation vs Earnings: Mika's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Mika Joukio (59 yo)

9.3yrs

Tenure

€2,478,477

Compensation

Mr. Mika Joukio, M.Sc. (Eng), MBA, has been the Chief Executive Officer of Metsa Board Oyj since October 1, 2014. Mr. Joukio has been Chief Executive Officer of Metsä Board Corporation since 2014. He has b...

Leadership Team

NamePositionTenureCompensationOwnership
Mika Joukio
Chief Executive Officer9.3yrs€2.48m0.089%
€ 2.3m
Henri Sederholm
Chief Financial Officer2.7yrsno datano data
Harri Pihlajaniemi
Senior Vice President of Production & Technologyless than a yearno datano data
Katri Sundström
Vice President of Investor Relationsno datano datano data
Eeva Impio-Loimaala
General Counselno datano datano data
Jussi Noponen
Senior Vice President of Sales & Supply Chain2.7yrsno datano data
Camilla Wikstrom
Senior Vice President of Human Resources4.6yrsno datano data
Markku Leskela
Senior Vice President of Development2.3yrsno datano data

2.7yrs

Average Tenure

53yo

Average Age

Experienced Management: METSBH's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Hannu Anttila
Independent Director1.8yrs€96.34kno data
Juha Vanhainen
Independent Directorless than a yearno datano data
Mari Kiviniemi
Independent Director1.8yrs€87.68kno data
Jukka Moisio
Independent Director3.6yrs€94.19kno data
Jussi Linnaranta
Vice Chairman6.8yrs€117.66kno data
Ilkka Hamala
Chairman of the Board5.8yrs€132.55k0.51%
€ 13.5m
Mikko Makimattila
Directorless than a yearno datano data
Raija-Leena Hankonen-Nybom
Independent Director2.8yrs€105.46kno data
Erja Hyrsky
Independent Director2.8yrs€96.34kno data

2.8yrs

Average Tenure

62yo

Average Age

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