Solteq Oyj Management
Management criteria checks 2/4
Solteq Oyj's CEO is Aarne Aktan, appointed in Jul 2022, has a tenure of 2.33 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 €5.44K. The average tenure of the management team and the board of directors is 2.3 years and 2.7 years respectively.
Key information
Aarne Aktan
Chief executive officer
€350.0k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.05% |
| Management average tenure | 2.3yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -€10m |
| Jun 30 2024 | n/a | n/a | -€10m |
| Mar 31 2024 | n/a | n/a | -€6m |
| 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 ($USD366.72K) is about average for companies of similar size in the UK market ($USD353.74K).
Compensation vs Earnings: Aarne's compensation has increased whilst the company is unprofitable.
CEO
Aarne Aktan (51 yo)
2.3yrs
Tenure
€350,000
Compensation
Mr. Aarne Aktan serves as Chief Executive Officer at Solteq Oyj since July 1, 2022 and serves as Executive Vice President of Utilities since April 2024. He had been a Director of Solteq Oyj since October 1...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & EVP of Utilities | 2.3yrs | €350.00k | 0.046% € 5.4k | |
| CFO & General Counsel | 10.2yrs | no data | no data | |
| Director of Communications & Marketing | 5.8yrs | no data | no data | |
| Vice President of People & Culture and Member of Executive Team | 1.8yrs | no data | no data | |
| Executive Vice President of Retail & Commerce Segment | 1.8yrs | no data | no data |
2.3yrs
Average Tenure
47yo
Average Age
Experienced Management: 0G5H's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman of the Board | 16.6yrs | €71.00k | 0.088% € 10.4k | |
| Independent Director | 1.8yrs | €26.00k | no data | |
| Independent Director | 5.7yrs | €37.00k | no data | |
| Independent Director | 2.7yrs | €40.00k | no data | |
| Independent Director | 5.7yrs | €41.00k | no data | |
| Independent Director | 2.7yrs | €38.00k | no data | |
| Director | less than a year | no data | no data |
2.7yrs
Average Tenure
47yo
Average Age
Experienced Board: 0G5H's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.