Fortum Oyj's CEO is Markus Rauramo, appointed in Jul 2020, has a tenure of 5.92 years. total yearly compensation is €1.80M, comprised of 69.7% salary and 30.3% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth €2.92M. The average tenure of the management team and the board of directors is 4.9 years and 3.2 years respectively.
Key information
Markus Rauramo
Chief executive officer
€1.8m
Total compensation
CEO salary percentage
69.68%
CEO tenure
5.9yrs
CEO ownership
0.02%
Management average tenure
4.9yrs
Board average tenure
3.2yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Markus Rauramo's remuneration changed compared to Fortum Oyj's earnings?
Date
Total Compensation
Salary
Company Earnings
Mar 31 2026
n/a
n/a
€823m
Dec 31 2025
€2m
€1m
€765m
Sep 30 2025
n/a
n/a
€864m
Jun 30 2025
n/a
n/a
€944m
Mar 31 2025
n/a
n/a
€1b
Dec 31 2024
€3m
€2m
€1b
Sep 30 2024
n/a
n/a
€1b
Jun 30 2024
n/a
n/a
€1b
Mar 31 2024
n/a
n/a
€1b
Dec 31 2023
€3m
€2m
€2b
Sep 30 2023
n/a
n/a
€2b
Jun 30 2023
n/a
n/a
-€217m
Mar 31 2023
n/a
n/a
€2b
Dec 31 2022
€3m
€2m
€2b
Sep 30 2022
n/a
n/a
€2b
Jun 30 2022
n/a
n/a
€7b
Mar 31 2022
n/a
n/a
€4b
Dec 31 2021
€4m
€2m
€4b
Sep 30 2021
n/a
n/a
€4b
Jun 30 2021
n/a
n/a
€1b
Mar 31 2021
n/a
n/a
€2b
Dec 31 2020
€2m
€808k
€2b
Compensation vs Market: Markus's total compensation ($USD2.09M) is below average for companies of similar size in the Italian market ($USD3.90M).
Compensation vs Earnings: Markus's compensation has been consistent with company performance over the past year.
CEO
Markus Rauramo (58 yo)
5.9yrs
Tenure
€1,801,000
Compensation
Mr. Markus Heikki Erdem Rauramo, M. Sc. (Econ. and Pol.Hist.), served as the Chairman of Supervisory Board at Uniper SE since March 29, 2021. He has been Independent Director of Sampo Oyj since May 19, 20...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Markus Rauramo
President & CEO
5.9yrs
€1.80m
0.016% € 2.9m
Tiina Tuomela
Chief Financial Officer
3.3yrs
no data
0.0053% € 990.4k
Ingela Ulfves
Vice President of Investor Relations & Financial Communications
no data
no data
no data
Kati Levoranta
Executive VP of Legal & General Counsel
1yr
no data
no data
Heli Kurki
Head of Publicity & Communications
no data
no data
no data
Karin Nyberg
Executive Vice President of People
1.1yrs
no data
no data
Alexander Chuvaev
Head of the Russia Division
16.7yrs
no data
no data
Mikael Rönnblad
Executive Vice President of Consumer Solutions
9.1yrs
no data
0.0029% € 529.6k
Simon-Erik Ollus
Executive VP of Corporate Customers & Markets
5.3yrs
no data
0.0016% € 304.8k
Nebahat Albayrak
Executive Vice President of Sustainability & Corporate Relations
4.9yrs
no data
0.0012% € 217.4k
Mika Paavilainen
VP and Head of Corporate M&A
no data
no data
no data
Peter Strannegård
Executive Vice President of Renewables and Decarbonisation Business Unit
3.3yrs
no data
0.0010% € 193.3k
4.9yrs
Average Tenure
58yo
Average Age
Experienced Management: 1FORT's management team is considered experienced (4.9 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Vesa-Pekka Takala
Independent Director
3.2yrs
€105.00k
0.00080% € 148.7k
Mikael Silvennoinen
Independent Chairman
3.2yrs
€179.00k
0.0024% € 436.7k
Mika Anttonen
Director
less than a year
no data
no data
Jonas Gustavsson
Independent Deputy Chairman
3.2yrs
€111.00k
0.00080% € 148.7k
Ralf Christian
Independent Director
4.3yrs
€115.00k
0.00091% € 169.1k
Luisa de Andrade Delgado
Independent Director
5.2yrs
€92.00k
0.00082% € 152.4k
Emmanuelle Verger-Chabot
Director
less than a year
no data
no data
Marita Niemela
Independent Director
3.2yrs
€86.00k
0.00071% € 131.9k
Johan Soderstrom
Independent Director
3.2yrs
€90.00k
no data
Stefanie Kesting
Independent Director
1.2yrs
€89.00k
no data
3.2yrs
Average Tenure
60yo
Average Age
Experienced Board: 1FORT's board of directors are considered experienced (3.2 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/11 03:05
End of Day Share Price
2026/06/11 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Fortum Oyj is covered by 33 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.