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 percentage | 76.5% |
| CEO tenure | 3.8yrs |
| CEO ownership | 1.5% |
| Management average tenure | 2.3yrs |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | €15m |
| Mar 31 2023 | n/a | n/a | €15m |
| Dec 31 2022 | €251k | €192k | €12m |
| Sep 30 2022 | n/a | n/a | €11m |
| Jun 30 2022 | n/a | n/a | €11m |
| Mar 31 2022 | n/a | n/a | €9m |
| Dec 31 2021 | €190k | €170k | €9m |
| Sep 30 2021 | n/a | n/a | €8m |
| Jun 30 2021 | n/a | n/a | €8m |
| Mar 31 2021 | n/a | n/a | €7m |
| Dec 31 2020 | €188k | €162k | €7m |
| Sep 30 2020 | n/a | n/a | €6m |
| Jun 30 2020 | n/a | n/a | €5m |
| Mar 31 2020 | n/a | n/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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 3.8yrs | €251.00k | 1.46% € 4.6m | |
| Chief Financial Officer | 3.3yrs | no data | 0.067% € 212.2k | |
| Head of Business | less than a year | no data | no data | |
| Director of Merger & Acquisitions and Chief Information Officer | less than a year | no data | 0.0065% € 20.7k | |
| General Counsel | 2.7yrs | no data | 0.0073% € 23.0k | |
| Director of Sales & Customer Value | 1.9yrs | no data | 0.012% € 38.7k | |
| Director of People Operations | 2.7yrs | no data | 0.0031% € 9.8k | |
| Chief Growth Officer | 4.1yrs | no data | no data | |
| Head of Business Segment Cities | no data | no data | no data | |
| Deputy CEO | less than a year | no data | 0.90% € 2.8m | |
| Head of People | no data | no data | no data | |
| Head of Talent | 1.5yrs | no data | no data |
2.3yrs
Average Tenure
49yo
Average Age
Experienced Management: GOFORH's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 3.4yrs | €30.00k | no data | |
| Independent Director | 9.7yrs | €26.00k | 0.74% € 2.3m | |
| Independent Director | 2.5yrs | €26.00k | no data | |
| Chairman of the Board | 3.8yrs | €92.00k | no data | |
| Non-Independent Director | 1.5yrs | €18.00k | 0.0015% € 4.7k | |
| Independent Director | 1.5yrs | €18.00k | 0.00087% € 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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/09/23 10:44 |
| End of Day Share Price | 2023/06/26 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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 |
|
|
| 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
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
Gofore Oyj is covered by 4 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 |
|---|---|
| Panu Laitinmäki | Danske Bank |
| Daniel Lepistö | Danske Bank |
| Marianne Palmu | Inderes Oy |