Solteq Oyj Management
Management criteria checks 2/4
Solteq Oyj's CEO is Aarne Aktan, appointed in Jul 2022, has a tenure of 1.67 years. total yearly compensation is €350.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth €6.37K. The average tenure of the management team and the board of directors is 1.4 years and 3.5 years respectively.
Key information
Aarne Aktan
Chief executive officer
€350.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.4yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €350k | €350k | -€5m |
| Sep 30 2023 | n/a | n/a | €1m |
| Jun 30 2023 | n/a | n/a | -€2m |
| Mar 31 2023 | n/a | n/a | -€6m |
| Dec 31 2022 | €192k | €175k | -€5m |
| Sep 30 2022 | n/a | n/a | -€3m |
| Jun 30 2022 | n/a | n/a | €2m |
| Mar 31 2022 | n/a | n/a | €3m |
| Dec 31 2021 | €27k | n/a | €4m |
| Sep 30 2021 | n/a | n/a | €4m |
| Jun 30 2021 | n/a | n/a | €4m |
| Mar 31 2021 | n/a | n/a | €3m |
| Dec 31 2020 | €28k | n/a | €2m |
| Sep 30 2020 | n/a | n/a | €3m |
| Jun 30 2020 | n/a | n/a | €3m |
| Mar 31 2020 | n/a | n/a | €2m |
| Dec 31 2019 | €28k | n/a | €3m |
| Sep 30 2019 | n/a | n/a | €864k |
| Jun 30 2019 | n/a | n/a | €944k |
| Mar 31 2019 | n/a | n/a | €508k |
| Dec 31 2018 | €23k | n/a | €356k |
| Sep 30 2018 | n/a | n/a | -€287k |
| Jun 30 2018 | n/a | n/a | -€983k |
| Mar 31 2018 | n/a | n/a | -€565k |
| Dec 31 2017 | €25k | n/a | -€2m |
Compensation vs Market: Aarne's total compensation ($USD382.76K) is about average for companies of similar size in the UK market ($USD350.82K).
Compensation vs Earnings: Aarne's compensation has increased whilst the company is unprofitable.
CEO
Aarne Aktan (50 yo)
1.7yrs
Tenure
€350,000
Compensation
Mr. Aarne Aktan serves as Chief Executive Officer at Solteq Oyj since July 1, 2022. He had been a Director of Solteq Oyj since October 19, 2015 until June 30, 2022. Mr. Aktan serves as Managing Director at...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.7yrs | €350.00k | 0.046% € 6.4k | |
| CFO & General Counsel | 9.5yrs | no data | no data | |
| Director of Communications & Marketing | 5.2yrs | no data | no data | |
| Vice President of People & Culture and Member of Executive Team | 1.1yrs | no data | no data | |
| Executive Vice President of Utilities Segment | 1.2yrs | no data | no data | |
| Executive Vice President of Retail & Commerce Segment | 1.2yrs | no data | no data |
1.4yrs
Average Tenure
48yo
Average Age
Experienced Management: 0G5H's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 15.9yrs | €71.00k | 0.22% € 30.9k | |
| Independent Director | 1.2yrs | €26.00k | no data | |
| Independent Director | 5yrs | €37.00k | no data | |
| Independent Director | 2yrs | €40.00k | no data | |
| Independent Director | 5yrs | €41.00k | no data | |
| Independent Director | 2yrs | €38.00k | no data |
3.5yrs
Average Tenure
47yo
Average Age
Experienced Board: 0G5H's board of directors are considered experienced (3.5 years average tenure).