Qt Group Oyj Management
Management criteria checks 3/4
Qt Group Oyj's CEO is Juha Varelius, appointed in May 2016, has a tenure of 7.92 years. total yearly compensation is €524.43K, comprised of 82.7% salary and 17.3% bonuses, including company stock and options. directly owns 1.58% of the company’s shares, worth €27.13M. The average tenure of the management team and the board of directors is 7.9 years and 1.1 years respectively.
Key information
Juha Varelius
Chief executive officer
€524.4k
Total compensation
| CEO salary percentage | 82.7% |
| CEO tenure | 7.9yrs |
| CEO ownership | 1.6% |
| Management average tenure | 7.9yrs |
| Board average tenure | 1.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €524k | €433k | €35m |
| Sep 30 2023 | n/a | n/a | €31m |
| Jun 30 2023 | n/a | n/a | €33m |
| Mar 31 2023 | n/a | n/a | €35m |
| Dec 31 2022 | €16m | €382k | €34m |
| Sep 30 2022 | n/a | n/a | €27m |
| Jun 30 2022 | n/a | n/a | €24m |
| Mar 31 2022 | n/a | n/a | €22m |
| Dec 31 2021 | €27m | €354k | €22m |
| Sep 30 2021 | n/a | n/a | €21m |
| Jun 30 2021 | n/a | n/a | €21m |
| Mar 31 2021 | n/a | n/a | €15m |
| Dec 31 2020 | €7m | €321k | €13m |
| Sep 30 2020 | n/a | n/a | €8m |
| Jun 30 2020 | n/a | n/a | €4m |
| Mar 31 2020 | n/a | n/a | €2m |
| Dec 31 2019 | €327k | €306k | -€352k |
| Sep 30 2019 | n/a | n/a | -€2m |
| Jun 30 2019 | n/a | n/a | -€3m |
| Mar 31 2019 | n/a | n/a | -€2m |
| Dec 31 2018 | €444k | €305k | -€2m |
| Sep 30 2018 | n/a | n/a | -€2m |
| Jun 30 2018 | n/a | n/a | -€2m |
| Mar 31 2018 | n/a | n/a | -€3m |
| Dec 31 2017 | €432k | €300k | -€3m |
Compensation vs Market: Juha's total compensation ($USD562.81K) is below average for companies of similar size in the UK market ($USD2.28M).
Compensation vs Earnings: Juha's compensation has been consistent with company performance over the past year.
CEO
Juha Varelius (60 yo)
7.9yrs
Tenure
€524,430
Compensation
Mr. Juha Pekka Varelius, M.Sc. (Econ.), M.B.A., has been President and Chief Executive Officer at Qt Group Oyj since May 01, 2016. Mr. Varelius served as the Chief Executive Officer and President at Digia...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 7.9yrs | €524.43k | 1.58% € 27.1m | |
| Chief Financial Officer | 4.3yrs | no data | 0.0079% € 135.4k | |
| IR Manager | no data | no data | no data | |
| General Counsel | 7.9yrs | no data | 0.0056% € 95.5k | |
| Senior Vice President of Marketing | 7.9yrs | no data | 0.047% € 811.8k | |
| Senior Vice President of Human Resources | 2.3yrs | no data | no data | |
| Senior Vice President of QT Ventures | 7.9yrs | no data | 0.039% € 676.4k | |
| Senior VP of Product Management | 7.9yrs | no data | 0.13% € 2.3m | |
| Senior Vice President of Research & Development | 7.9yrs | no data | 0.56% € 9.6m | |
| Senior Vice President of Sales | less than a year | no data | 0.00039% € 6.7k |
7.9yrs
Average Tenure
52yo
Average Age
Experienced Management: 0RG5's management team is seasoned and experienced (7.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 1.1yrs | €34.00k | 0.0041% € 70.9k | |
| Chairman of the Board of Directors | 8.3yrs | €79.50k | 0.098% € 1.7m | |
| Independent Vice Chair | 6.1yrs | €45.50k | 0.0032% € 54.1k | |
| Director | less than a year | no data | no data | |
| Independent Director | less than a year | €42.00k | no data | |
| Independent Director | 1.1yrs | €34.50k | no data |
1.1yrs
Average Tenure
53.5yo
Average Age
Experienced Board: 0RG5's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.