Remedy Entertainment Oyj Management
Management criteria checks 2/4
Remedy Entertainment Oyj's CEO is Tero Virtala, appointed in Jan 2016, has a tenure of 8.67 years. total yearly compensation is €210.24K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.21% of the company’s shares, worth €5.24M. The average tenure of the management team and the board of directors is 8.7 years and 2.4 years respectively.
Key information
Tero Virtala
Chief executive officer
€210.2k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 8.7yrs |
| CEO ownership | 2.2% |
| Management average tenure | 8.7yrs |
| Board average tenure | 2.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -€19m |
| Mar 31 2024 | n/a | n/a | -€21m |
| Dec 31 2023 | €210k | €210k | -€23m |
Compensation vs Market: Tero's total compensation ($USD233.11K) is below average for companies of similar size in the UK market ($USD770.26K).
Compensation vs Earnings: Insufficient data to compare Tero's compensation with company performance.
CEO
Tero Virtala (50 yo)
8.7yrs
Tenure
€210,240
Compensation
Mr. Tero Virtala has been Chief Executive Officer at Remedy Entertainment Oyj since 2016. Mr. Virtala served as the Chief Executive Officer and Managing Director of Redlynx, Ltd. He serves as a Director of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board of Directors & Chief Product Officer | 29.7yrs | €155.04k | 23.56% € 55.8m | |
| Chief Executive Officer | 8.7yrs | €210.24k | 2.21% € 5.2m | |
| Finance Manager | no data | no data | no data | |
| Chief Technology Officer | less than a year | no data | no data | |
| Head of Corporate Development & IR | no data | no data | no data | |
| Head of Legal | no data | no data | no data | |
| Chief Commercial Officer | 12.7yrs | no data | 0.76% € 1.8m | |
| Senior Investor Relations Specialist | no data | no data | no data |
8.7yrs
Average Tenure
45yo
Average Age
Experienced Management: REMEDH's management team is seasoned and experienced (8.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board of Directors & Chief Product Officer | 29.7yrs | €155.04k | 23.56% € 55.8m | |
| Independent Director | 7.7yrs | no data | 0.34% € 805.6k | |
| Independent Director | 2.4yrs | €36.00k | 0.014% € 33.2k | |
| Independent Director | 2.3yrs | €36.00k | 0.011% € 25.9k | |
| Director | less than a year | no data | no data |
2.4yrs
Average Tenure
50yo
Average Age
Experienced Board: REMEDH's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/09/07 01:40 |
| End of Day Share Price | 2024/06/10 00:00 |
| Earnings | 2024/06/30 |
| 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 |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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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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
Remedy Entertainment Oyj is covered by 3 analysts. 2 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 |
|---|---|
| Mikael Rautanen | Inderes Oy |
| Atte Riikola | Inderes Oy |
| Felix Henriksson | Nordea Markets |