TietoEVRY Oyj Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Kimmo Alkio

Chief executive officer

€3.6m

Total compensation

CEO salary percentage	23.4%
CEO tenure	13yrs
CEO ownership	0.1%
Management average tenure	5.8yrs
Board average tenure	1.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kimmo Alkio's remuneration changed compared to TietoEVRY Oyj's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€160m
Jun 30 2024	n/a	n/a	€165m
Mar 31 2024	n/a	n/a	€162m
Dec 31 2023	€4m	€850k	€172m
Sep 30 2023	n/a	n/a	€192m
Jun 30 2023	n/a	n/a	€208m
Mar 31 2023	n/a	n/a	€204m
Dec 31 2022	€2m	€825k	€189m
Sep 30 2022	n/a	n/a	€203m
Jun 30 2022	n/a	n/a	€192m
Mar 31 2022	n/a	n/a	€288m
Dec 31 2021	€2m	€807k	€292m
Sep 30 2021	n/a	n/a	€257m
Jun 30 2021	n/a	n/a	€228m
Mar 31 2021	n/a	n/a	€96m
Dec 31 2020	€3m	€777k	€95m
Sep 30 2020	n/a	n/a	€52m
Jun 30 2020	n/a	n/a	€55m
Mar 31 2020	n/a	n/a	€87m
Dec 31 2019	€5m	€702k	€79m
Sep 30 2019	n/a	n/a	€103m
Jun 30 2019	n/a	n/a	€114m
Mar 31 2019	n/a	n/a	€120m
Dec 31 2018	€2m	€638k	€123m
Sep 30 2018	n/a	n/a	€124m
Jun 30 2018	n/a	n/a	€126m
Mar 31 2018	n/a	n/a	€122m
Dec 31 2017	€2m	€600k	€108m

Compensation vs Market: Kimmo's total compensation ($USD3.85M) is above average for companies of similar size in the UK market ($USD2.07M).

Compensation vs Earnings: Kimmo's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Kimmo Alkio (61 yo)

13yrs

Tenure

€3,631,462

Compensation

Mr. Kimmo Alkio, BBA, MBA has been the Chief Executive Officer and President of TietoEVRY Oyj (formerly known as Tieto Oyj) since November 1, 2011. Mr. Alkio has been the President and Chief Executive Offi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kimmo Alkio	CEO & President	13yrs	€3.63m	0.11% € 2.1m
Endre Rangnes	Managing Director of Tietoevry Banking	less than a year	€82.90k	0.0075% € 148.6k
Tomi Hyrylainen	Chief Financial Officer	5.8yrs	no data	0.019% € 377.7k
Tommi Jarvenpaa	Head of Investor Relations	no data	no data	no data
Jussi Tokola	General Counsel	no data	no data	no data
Trond Vinje	Head of HR	no data	no data	0.032% € 637.5k
Tanja Lounevirta	Head of Financial Communications	no data	no data	no data
Satu Kiiskinen	Managing Director of Tietoevry Tech Services	no data	no data	0.025% € 501.2k
Päivi Huuhtanen	Head of Stakeholder Relations	no data	no data	no data
Johan Hoglund	VP, Head of Heathcare	no data	no data	no data
Cristina Petrescu	Executive Vice President of Public	no data	no data	no data
Esa Hyttinen	Deputy General Counsel and Head of Corporate Governance & IPR	no data	no data	no data

5.8yrs

Average Tenure

56yo

Average Age

Experienced Management: 0KG0's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Tomas Franzen	Independent Chairman of the Board	5.7yrs	€173.00k	0.011% € 226.0k
Harri-Pekka Kaukonen	Non-Executive Independent Deputy Chairperson	8.7yrs	€106.40k	0.0097% € 191.6k
Liselotte Engstam	Non-Executive Independent Director	6.7yrs	€77.30k	0.0040% € 78.4k
Anders Palklint	Director	1.7yrs	€15.00k	no data
Ilpo Waljus	Deputy Director	less than a year	€7.50k	no data
Elisabetta Castiglioni	Independent Director	1.7yrs	€74.90k	0.00050% € 9.9k
Bertil Carlsen	Independent Director	1.7yrs	€75.70k	0.0010% € 20.0k
Tommy Aldrin	Deputy Director	less than a year	€15.00k	no data
Petter Söderström	Independent Director	1.7yrs	€81.30k	0.0014% € 28.3k
Katharina Mosheim	Independent Director	4.6yrs	€77.30k	0.0020% € 39.4k
Gustav Moss	Independent Director	1.7yrs	€81.30k	0.0010% € 20.0k
Thomas Slettemoen	Director	less than a year	€7.50k	no data

1.7yrs

Average Tenure

58yo

Average Age

Experienced Board: 0KG0's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.

TietoEVRY Oyj Management

Management criteria checks 1/4

Key information

Recent management updates

TietoEVRY Oyj, Annual General Meeting, Mar 25, 2025

Tietoevry Corporation Announces Management Changes

Tietoevry Corporation Appoints Cosimo De Carlo as Managing Director, Tietoevry Create, Effective 1 September 2024

High number of new directors

TietoEVRY Oyj Announces Executive Changes

TietoEVRY Oyj, Annual General Meeting, Mar 13, 2024

Recent updates

Third quarter 2024 earnings released: EPS: €0.32 (vs €0.37 in 3Q 2023)

TietoEVRY Oyj, Annual General Meeting, Mar 25, 2025

Tietoevry Corporation Revises Earnings Guidance for the Year 2024

TietoEVRY Oyj Announces Dividend Payment

Upcoming dividend of €0.73 per share

Tietoevry Corporation Announces Management Changes

Second quarter 2024 earnings released: EPS: €0.24 (vs €0.21 in 2Q 2023)

Tietoevry Corporation Appoints Cosimo De Carlo as Managing Director, Tietoevry Create, Effective 1 September 2024

First quarter 2024 earnings released: EPS: €0.32 (vs €0.41 in 1Q 2023)

Dividend of €0.73 announced

Tietoevry Oyj Approves Dividend for the Financial Year Ended on 31 December 2023, Payable on 3 April 2024 and 3 October 2024

Upcoming dividend of €0.73 per share

High number of new directors

Final dividend of €0.73 announced

Full year 2023 earnings released: EPS: €1.45 (vs €1.59 in FY 2022)

TietoEVRY Oyj Provides Earnings Guidance for the Year 2024

TietoEVRY Oyj Announces Executive Changes

TietoEVRY Oyj, Annual General Meeting, Mar 13, 2024

New minor risk - Financial position

TietoEVRY Oyj Appoints Carsten Henke as Managing Director of Tietoevry Industry, Effective 1 November 2023

TietoEVRY Oyj Revises Revenue Guidance for the Year 2023

Upcoming dividend of €0.72 per share at 6.5% yield

Silchester International Investors LLP acquired additional 5.01% stake in TietoEVRY Oyj (HLSE:TIETO).

TietoEVRY Oyj Announces Payment of Second Dividend Installment, Payable on Beginning from 4 October 2023

Second quarter 2023 earnings released: EPS: €0.21 (vs €0.18 in 2Q 2022)

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Full year 2022 earnings released: EPS: €1.59 (vs €2.46 in FY 2021)

TietoEVRY Oyj Reaffirms Earnings Guidance for the Year 2023

Now 23% undervalued after recent price drop

High number of new directors

Now 20% undervalued

Upcoming dividend of €0.72 per share at 5.2% yield

Now 21% undervalued

Full year 2022 earnings released

Tietoevry Oyj Proposes Dividend for the Financial Year Ended December 31, 2022, Payable on 5 April 2023 and October 5, 2023

TietoEVRY Oyj Provides Revenue Guidance for the Full Year 2023

TietoEVRY Oyj Appoints Satu Kiiskinen as Managing Director of the Combined Business Effective 1 April 2023

Tietoevry Corporation Announces Board Changes

Vela Software International Inc. signed an agreement to acquire Wood supply software business of Tietoevry from TietoEVRY Oyj (HLSE:TIETO).

Tietoevry Announces Management Changes

Now 21% undervalued

Tietoevry Oyj Announces Change of A Personnel Deputy Member in the Board of Directors

Third quarter 2022 earnings released: EPS: €0.50 (vs €0.41 in 3Q 2021)

TietoEVRY Oyj Revises Financial Guidance for 2022

TietoEVRY Oyj to Report Fiscal Year 2022 Results on Feb 15, 2023

TietoEVRY Oyj Announces Payment of Second Dividend Installment

Upcoming dividend of €0.70 per share

Second quarter 2022 earnings released: EPS: €0.18 (vs €0.99 in 2Q 2021)

Tietoevry Corporation Revises Earnings Guidance for the Year 2022

First quarter 2022 earnings released: EPS: €0.28 (vs €0.31 in 1Q 2021)

TietoEVRY Corporation Provides Earnings Guidance for the Year 2021

High number of new directors

Upcoming dividend of €0.70 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

TietoEVRY Oyj Proposes Dividend for the Year Ended December 31, 2021, Payable on April 6, 2022 and October 5, 2022

TietoEVRY Oyj Announces Leif Teksum Is Not Available for Re-Election At the Annual General Meeting of 2022

Third quarter 2021 earnings released: EPS €0.41 (vs €0.16 in 3Q 2020)

Upcoming dividend of €0.66 per share

An Unknown buyer acquired unknown stake in TietoEVRY Oyj (HLSE:TIETO).

Non-Executive Independent Director Rohan Haldea has left the company

Second quarter 2021 earnings released: EPS €0.99 (vs €0.12 loss in 2Q 2020)

First quarter 2021 earnings released: EPS €0.31 (vs €0.31 in 1Q 2020)

Upcoming Dividend of €0.66 Per Share

Full year 2020 earnings released: EPS €0.80 (vs €1.02 in FY 2019)

Revenue misses expectations

New 90-day low: €25.70

Full year 2020 earnings released: EPS €0.80 (vs €1.02 in FY 2019)

Revenue misses expectations