Citycon Oyj Management

Management criteria checks 1/4

Citycon Oyj's CEO is Henrica Ginström, appointed in Apr 2024, has a tenure of less than a year. directly owns 0.02% of the company’s shares, worth €149.86K. The average tenure of the management team and the board of directors is 0.7 years and 4.3 years respectively.

Key information

Henrica Ginström

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	0.02%
Management average tenure	less than a year
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO

Henrica Ginström (41 yo)

less than a year

Tenure

Ms. Henrica Ginström is CEO of CTY of G City Ltd from April 1, 2024. Ms. Henrica Ginström serves as Chief Operating Officer at Citycon Oyj since January 01, 2019. Ms. Ginström served as a Vice President of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Henrica Ginström	Chief Executive Officer	less than a year	no data	0.020% € 149.9k
Sakari Jarvela	CFO and VP of Corporate Finance & Investor Relations	less than a year	no data	no data
Helen Metsvaht	Chief Operating Officer	less than a year	no data	no data
Kirsi Simola-Laaksonen	Chief Investment Officer	no data	no data	0.0049% € 37.8k
Peter Dimulkas	Vice President of Marketing	5.1yrs	no data	no data
Erik Lennhammar	Chief Development Officer	5.2yrs	no data	0.017% € 127.5k
Carl Angmo	Head of Investment	2.6yrs	no data	no data
Jussi Vyyrylainen	Senior Vice President of Leasing	less than a year	no data	no data

0.7yrs

Average Tenure

49yo

Average Age

Experienced Management: CTY1SH's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Chaim Katzman	Chairman of the Board	14.4yrs	€165.00k	0.040% € 308.9k
Per-Anders Ovin	Independent Director	11.6yrs	€61.40k	0.0054% € 41.5k
F. Ball	Independent Vice Chairman	3.2yrs	€2.85m	0.26% € 2.0m
Ljudmila Popova	Independent Director	3.2yrs	€61.40k	0.0022% € 17.0k
David Lukes	Independent Director	7.6yrs	€66.60k	0.0046% € 34.8k
Adi Jemini	Director	1.3yrs	€35.55k	no data
Yehuda Angster	Independent Director	4.3yrs	€65.60k	0.0033% € 24.9k
Zvi Gordon	Director	4.3yrs	€64.70k	0.0036% € 27.2k
Alexandre Koifman	Independent Deputy Chairman of the Board	5.6yrs	€86.19k	0.0031% € 23.8k

4.3yrs

Average Tenure

54yo

Average Age

Experienced Board: CTY1SH's board of directors are considered experienced (4.3 years average tenure).

Citycon Oyj Management

Management criteria checks 1/4

Key information

Recent management updates

Citycon Oyj Announces Changes in Corporate Management Committee as of 1 April 2024

Citycon Oyj Announces Board Changes

Citycon Oyj Announces CEO Changes, Effective April 1, 2024

Citycon Oyj Announces Resignation of Kirsi Simola-Laaksonen as Chief Information Officer and Member of the Corporate Management Committee

Citycon Oyj Appoints Sakari Järvelä as A Member of Corporate Management Committee Effective February 1, 2024

Citycon Oyj Appoints Adi Jemini as Member of the Board of Directors

Recent updates

An undisclosed buyer acquired Trekanten As from Citycon Oyj (HLSE:CTY1S) for €110 million

An undisclosed buyer acquired Trekanten As from Citycon Oyj (HLSE:CTY1S) for €110 million

Citycon Oyj Announces Dividend, Payable on 30 September 2024

Citycon Oyj Decides on Quarterly Distribution, Payable on 28 June 2024

Citycon Launches Spotlight: Flexible Retail Spaces in Nordic and Baltic Centers, Tailored for the Future of Retail

Citycon Oyj Announces Changes in Corporate Management Committee as of 1 April 2024

Citycon Oyj Announces Board Changes

Citycon Oyj Announces CEO Changes, Effective April 1, 2024

Citycon Oyj (HLSE:CTY1S) completed the acquisition of remaining 50% stake in Kista Galleria AB from Canada Pension Plan Investment Board.

Citycon Oyj has filed a Follow-on Equity Offering in the amount of €48.195 million.

Citycon Oyj has completed a Follow-on Equity Offering in the amount of €48.195 million.

Citycon Oyj (HLSE:CTY1S) agreed to acquire 50% stake in Kista Galleria AB from Canada Pension Plan Investment Board.

Citycon Oyj Provides Earnings Guidance for the Year 2024

Citycon Oyj Announces Resignation of Kirsi Simola-Laaksonen as Chief Information Officer and Member of the Corporate Management Committee

Citycon Oyj Appoints Sakari Järvelä as A Member of Corporate Management Committee Effective February 1, 2024

Citycon Oyj to Report Q1, 2024 Results on May 15, 2024

Citycon Oyj Decides on Quarterly Distribution, Payable on September 29, 2023

Upcoming dividend of €0.13 per share at 7.9% yield

Citycon Oyj Appoints Adi Jemini as Member of the Board of Directors

Chief Operating Officer recently sold €67k worth of stock

First quarter 2023 earnings released: EPS: €0.32 (vs €0.13 in 1Q 2022)

Citycon Oyj Announces Earning Guidance for the Year 2023

Full year 2022 earnings released: €0.15 loss per share (vs €0.55 profit in FY 2021)

Scala Eiendom AS completed the acquisition of Sjøsiden centre in Horten and Down Town from Citycon Oyj (HLSE:CTY1S).

Citycon Oyj Announces Quarterly Distribution, Payable on 30 December 2022

Scala Eiendom AS signed an agreement to acquire Sjøsiden centre in Horten and Down Town from Citycon Oyj (HLSE:CTY1S) for approximately NOK 1250 million.

Third quarter 2022 earnings released: EPS: €0.089 (vs €0.014 in 3Q 2021)

Citycon Oyj Reaffirms Earnings Guidance for the Year 2022

Citycon Announces Quarterly Distribution, Payable on 30 September 2022

Citycon Oyj Revises Earnings Guidance for the Year 2022

Citycon Oyj Announces Quarterly Distribution, Payable on 30 June 2022

Citycon Oyj to Report Q2, 2022 Results on Jul 13, 2022

Citycon Oyj Revises Earnings Guidance for the Year 2022

First quarter 2022 earnings released: EPS: €0.13 (vs €0.12 in 1Q 2021)

Aurora Eiendom AS (OB:AURA) completed the acquisition of Buskerud Storsenter in Norway from Citycon Oyj (HLSE:CTY1S).

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

Citycon Oyj Omits to Pay Dividend

Citycon Oyj Announces Earning Guidance for the Year 2022

High number of new directors

Aurora Eiendom AS (OB:AURA) entered into a share purchase agreement to acquire Buskerud Storsenter in Norway from Citycon Oyj (HLSE:CTY1S) for NOK 1.2 billion.

High number of new directors

Third quarter 2021 earnings released: EPS €0.01 (vs €0.003 loss in 3Q 2020)

High number of new directors

High number of new directors

Second quarter 2021 earnings released: EPS €0.18 (vs €0.23 loss in 2Q 2020)

Citycon Announces Earning Guidance for the Year 2021

First quarter 2021 earnings released: EPS €0.12 (vs €0.056 in 1Q 2020)

Director has left the company

New 90-day low: €7.65

Full year 2020 earnings released: €0.25 loss per share (vs €0.04 profit in FY 2019)

Revenue misses expectations

Niam AB signed a binding unconditional agreement to acquire three shopping centres from Citycon Oyj (HLSE:CTY1S) for SEK 1.5 billion.

Citycon Transforming the Track Area into A New Urban Space in Liljeholmen

Citycon Appoints Laura Jauhiainen as Vice President, Strategy and Investor Relations

Citycon Oyj Provides Earnings Guidance for the Year 2020

Citycon Oyj to Report First Half, 2021 Results on Aug 05, 2021

CEO

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Leadership Team

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Average Age

Board Members

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Average Age