Bittium Oyj Management

Management criteria checks 3/4

Bittium Oyj's CEO is Hannu Huttunen, appointed in Aug 2015, has a tenure of 6.92 years. directly owns 0.045% of the company’s shares, worth €88.61K. The average tenure of the management team and the board of directors is 6.9 years and 2.7 years respectively.

Key information

Hannu Huttunen

Chief executive officer

€280.0k

Total compensation

CEO salary percentagen/a
CEO tenure6.9yrs
CEO ownership0.05%
Management average tenure6.9yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hannu Huttunen's remuneration changed compared to Bittium Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2021€280kn/a

€3m

Sep 30 2021n/an/a

-€319k

Jun 30 2021n/an/a

-€1m

Mar 31 2021n/an/a

€431k

Dec 31 2020€241kn/a

€2m

Sep 30 2020n/an/a

€7m

Jun 30 2020n/an/a

€9m

Mar 31 2020n/an/a

€8m

Dec 31 2019€334k€222k

€8m

Sep 30 2019n/an/a

€5m

Jun 30 2019n/an/a

€6m

Mar 31 2019n/an/a

€5m

Dec 31 2018€221k€221k

€4m

Sep 30 2018n/an/a

€432k

Jun 30 2018n/an/a

-€3m

Mar 31 2018n/an/a

-€4m

Dec 31 2017€288k€214k

-€5m

Sep 30 2017n/an/a

-€2m

Jun 30 2017n/an/a

€205k

Mar 31 2017n/an/a

€2m

Dec 31 2016€344k€214k

€4m

Sep 30 2016n/an/a

€3m

Jun 30 2016n/an/a

€2m

Mar 31 2016n/an/a

€2m

Dec 31 2015€82kn/a

€2m

Compensation vs Market: Hannu's total compensation ($USD282.54K) is below average for companies of similar size in the UK market ($USD745.84K).

Compensation vs Earnings: Hannu's compensation has been consistent with company performance over the past year.


CEO

Hannu Huttunen (56 yo)

6.9yrs

Tenure

€280,000

Compensation

Mr. Hannu Huttunen has been the Chief Executive Officer of Bittium Oyj since August 7, 2015 and serves as its Chairman of Management Group. Mr. Huttunen served as Managing Director and President of Wireles...


Leadership Team

NamePositionTenureCompensationOwnership
Hannu Huttunen
CEO & Chairman of Management Group6.9yrs€280.00k0.045%
€ 88.6k
Juha Hulkko
no data€20.00k3.98%
€ 7.8m
Pekka Kunnari
CFO & Member of Management Group6.7yrsno data0.0098%
€ 19.2k
Karoliina Malmi
VP of Communications & Marketing and Member of Management Group6.9yrsno data0.0059%
€ 11.5k
Kari Jokela
Chief Legal Officer & Member of Management Group7.8yrsno data0.0045%
€ 8.8k
Jari Sankala
Senior VP of Defense & Security and Member of Management Groupno datano data0.080%
€ 156.4k
Jari-Pekka Innanen
VP of Engineering & Member of Management Group6.9yrsno data0.018%
€ 35.7k
Andreas Heim
Executive Vice President of Operations6.1yrsno datano data
Tommi Kangas
Senior VP of Connectivity Solutions & Member of Management Groupno datano data0.0031%
€ 6.0k
Antti Naykki
Senior VP of Medical Technologies Product & Service Area and Member of Management Groupless than a yearno datano data
Raimo Partanen
Deputy Managing Director of Elektrobit Automation Ltd17.6yrsno datano data
Juhani Rönkkö
Auditor with Chief Responsibility of Auditsno datano datano data

6.9yrs

Average Tenure

54yo

Average Age

Experienced Management: BITTIH's management team is seasoned and experienced (6.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Arto Remes
Senior Advisor to the Board of Directorsless than a yearno datano data
Pekka Kemppainen
Independent Director3.3yrs€27.20k0.010%
€ 20.1k
Seppo Laine
External Advisor of the Bno data€37.00kno data
Erkki Veikkolainen
Independent Chairman of the Board14.3yrs€47.60k4.88%
€ 9.6m
Riitta Tiuraniemi
Independent Director4.3yrs€30.80k0.030%
€ 58.3k
Veli-Pekka Paloranta
Independent Director2.1yrs€29.10k0.011%
€ 21.4k
Petri Toljamo
Independent Director1.3yrs€23.78k0.0042%
€ 8.3k

2.7yrs

Average Tenure

63yo

Average Age

Experienced Board: BITTIH's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/07/17 14:45
End of Day Share Price 2022/04/19 00:00
Earnings2021/12/31
Annual Earnings2021/12/31

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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 .

Analyst Sources

Bittium Oyj is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pekka MikkonenHandelsbanken Capital Markets
Juha KinnunenInderes Oy
Martti LarjoNordea Markets