Sotkamo Silver Management
Management criteria checks 2/4
Sotkamo Silver's CEO is Mikko Jalasto, appointed in Sep 2022, has a tenure of 1.92 years. total yearly compensation is SEK3.25M, comprised of 64.6% salary and 35.4% bonuses, including company stock and options. directly owns 0.087% of the company’s shares, worth SEK240.01K. The average tenure of the management team and the board of directors is 2.3 years and 2.8 years respectively.
Key information
Mikko Jalasto
Chief executive officer
SEK 3.3m
Total compensation
| CEO salary percentage | 64.6% |
| CEO tenure | 1.9yrs |
| CEO ownership | 0.09% |
| Management average tenure | 2.3yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
More Unpleasant Surprises Could Be In Store For Sotkamo Silver AB's (NGM:SOSI) Shares After Tumbling 28%
Jun 27
We Like These Underlying Return On Capital Trends At Sotkamo Silver (NGM:SOSI)
Jun 27Is Sotkamo Silver (NGM:SOSI) A Risky Investment?
May 22Sotkamo Silver AB's (NGM:SOSI) 48% Price Boost Is Out Of Tune With Revenues
Apr 29Sotkamo Silver AB's (NGM:SOSI) Shares Climb 27% But Its Business Is Yet to Catch Up
Mar 15Sotkamo Silver's (NGM:SOSI) Earnings Are Of Questionable Quality
Feb 22Is Sotkamo Silver (NGM:SOSI) Using Too Much Debt?
Dec 23Is Sotkamo Silver (NGM:SOSI) A Risky Investment?
Jul 29Further Upside For Sotkamo Silver AB (NGM:SOSI) Shares Could Introduce Price Risks After 33% Bounce
Apr 17Is Sotkamo Silver (NGM:SOSI) Using Debt In A Risky Way?
Apr 14Does Sotkamo Silver (NGM:SOSI) Have A Healthy Balance Sheet?
Oct 22Downgrade: The Latest Revenue And EPS Forecasts For Sotkamo Silver AB (NGM:SOSI)
Aug 03There's Been No Shortage Of Growth Recently For Sotkamo Silver's (NGM:SOSI) Returns On Capital
Jul 22Does Sotkamo Silver (NGM:SOSI) Have A Healthy Balance Sheet?
Apr 01Returns At Sotkamo Silver (NGM:SOSI) Are On The Way Up
Feb 20Sotkamo Silver (NGM:SOSI) Takes On Some Risk With Its Use Of Debt
Dec 06There's Been No Shortage Of Growth Recently For Sotkamo Silver's (NGM:SOSI) Returns On Capital
Oct 19Sotkamo Silver (NGM:SOSI) Has A Somewhat Strained Balance Sheet
Jun 02Investors Will Want Sotkamo Silver's (NGM:SOSI) Growth In ROCE To Persist
May 07Loss-Making Sotkamo Silver AB (NGM:SOSI) Set To Breakeven
Mar 12We Think Sotkamo Silver (NGM:SOSI) Has A Fair Chunk Of Debt
Feb 05Share Price Aside, Sotkamo Silver (NGM:SOSI) Has Delivered Shareholders A 24% Return.
Dec 30Sotkamo Silver AB's (NGM:SOSI) Shift From Loss To Profit
Nov 25
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -SEK 16m |
| Mar 31 2024 | n/a | n/a | SEK 35m |
| Dec 31 2023 | SEK 3m | SEK 2m | SEK 27m |
| Sep 30 2023 | n/a | n/a | SEK 6m |
| Jun 30 2023 | n/a | n/a | -SEK 32m |
| Mar 31 2023 | n/a | n/a | -SEK 55m |
| Dec 31 2022 | SEK 876k | SEK 725k | -SEK 28m |
Compensation vs Market: Mikko's total compensation ($USD307.76K) is about average for companies of similar size in the Swedish market ($USD284.09K).
Compensation vs Earnings: Mikko's compensation has increased whilst the company is unprofitable.
CEO
Mikko Jalasto (48 yo)
1.9yrs
Tenure
SEK 3,251,000
Compensation
Mr. Mikko Jalasto serves as Chief Executive Officer of Sotkamo Silver AB since September 16, 2022 and has been its MD. Mr. Jalasto served as President of Sotkamo Silver AB since September 2022. Mr. Jalasto...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & MD | 1.9yrs | SEK 3.25m | 0.087% SEK 240.0k | |
| Group Chief Financial Officer | 2.8yrs | no data | 0.066% SEK 180.0k | |
| Chief Operating Officer | 1.9yrs | no data | 0.020% SEK 53.9k | |
| Chief Sustainability Officer | 3.6yrs | no data | 0.0088% SEK 24.0k |
2.3yrs
Average Tenure
49.5yo
Average Age
Experienced Management: SOSI's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 1.3yrs | SEK 222.00k | 0.037% SEK 101.7k | |
| Independent Director | 3.3yrs | SEK 399.00k | no data | |
| Independent Chairman of the Board | 6.6yrs | SEK 632.00k | no data | |
| Independent Vice Chairman of the Board | 4.3yrs | SEK 417.00k | no data | |
| Independent Director | 2.3yrs | SEK 364.00k | no data | |
| Director | less than a year | no data | no data |
2.8yrs
Average Tenure
67yo
Average Age
Experienced Board: SOSI's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.