Gofore Oyj Management

Management criteria checks 2/4

Gofore Oyj's CEO is Mikael Nylund, appointed in Dec 2019, has a tenure of 3.75 years. total yearly compensation is €251.00K, comprised of 76.5% salary and 23.5% bonuses, including company stock and options. directly owns 1.46% of the company’s shares, worth €4.62M. The average tenure of the management team and the board of directors is 2.3 years and 3 years respectively.

Key information

Mikael Nylund

Chief executive officer

€251.0k

Total compensation

CEO salary percentage76.5%
CEO tenure3.8yrs
CEO ownership1.5%
Management average tenure2.3yrs
Board average tenure3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mikael Nylund's remuneration changed compared to Gofore Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2023n/an/a

€15m

Mar 31 2023n/an/a

€15m

Dec 31 2022€251k€192k

€12m

Sep 30 2022n/an/a

€11m

Jun 30 2022n/an/a

€11m

Mar 31 2022n/an/a

€9m

Dec 31 2021€190k€170k

€9m

Sep 30 2021n/an/a

€8m

Jun 30 2021n/an/a

€8m

Mar 31 2021n/an/a

€7m

Dec 31 2020€188k€162k

€7m

Sep 30 2020n/an/a

€6m

Jun 30 2020n/an/a

€5m

Mar 31 2020n/an/a

€5m

Dec 31 2019€9k€9k

€5m

Compensation vs Market: Mikael's total compensation ($USD267.22K) is below average for companies of similar size in the UK market ($USD1.02M).

Compensation vs Earnings: Mikael's compensation has increased by more than 20% in the past year.


CEO

Mikael Nylund (48 yo)

3.8yrs

Tenure

€251,000

Compensation

Mr. Mikael Nylund has been Chief Executive Officer of Gofore Oyj since December 11, 2019. Mr. Nylund served as Business Director of M&A and Deputy CEO of Gofore Oyj since January 1, 2019 until June 2019. M...


Leadership Team

NamePositionTenureCompensationOwnership
Mikael Nylund
Chief Executive Officer3.8yrs€251.00k1.46%
€ 4.6m
Teppo Talvinko
Chief Financial Officer3.3yrsno data0.067%
€ 212.2k
Juhana Harmanen
Head of Businessless than a yearno datano data
Ville Hurnonen
Director of Merger & Acquisitions and Chief Information Officerless than a yearno data0.0065%
€ 20.7k
Kalle Maki
General Counsel2.7yrsno data0.0073%
€ 23.0k
Riikka Vilminko-Heikkinen
Director of Sales & Customer Value1.9yrsno data0.012%
€ 38.7k
Sanna Hilden
Director of People Operations2.7yrsno data0.0031%
€ 9.8k
Terhi Vesanen
Chief Growth Officer4.1yrsno datano data
Simo Turunen
Head of Business Segment Citiesno datano datano data
Elja Kirjavainen
Deputy CEOless than a yearno data0.90%
€ 2.8m
Laura Tero
Head of Peopleno datano datano data
Salla Niemela
Head of Talent1.5yrsno datano data

2.3yrs

Average Tenure

49yo

Average Age

Experienced Management: GOFORH's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Marja Kaario
Independent Director3.4yrs€30.00kno data
Sami Somero
Independent Director9.7yrs€26.00k0.74%
€ 2.3m
Piia-Noora Kauppi
Independent Director2.5yrs€26.00kno data
Timur Kärki
Chairman of the Board3.8yrs€92.00kno data
Tapani Liimatta
Non-Independent Director1.5yrs€18.00k0.0015%
€ 4.7k
Eveliina Huurre
Independent Director1.5yrs€18.00k0.00087%
€ 2.8k

3.0yrs

Average Tenure

49yo

Average Age

Experienced Board: GOFORH's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.


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