Cargotec Management

Management criteria checks 2/4

Cargotec's CEO is Casimir Lindholm, appointed in Apr 2023, has a tenure of 1.25 years. total yearly compensation is €710.82K, comprised of 73.1% salary and 26.9% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth $101.73K. The average tenure of the management team and the board of directors is 5.3 years and 0.2 years respectively.

Key information

Casimir Lindholm

Chief executive officer

€710.8k

Total compensation

CEO salary percentage73.1%
CEO tenure1.3yrs
CEO ownership0.003%
Management average tenure5.3yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Casimir Lindholm's remuneration changed compared to Cargotec's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

€370m

Dec 31 2023€711k€520k

€347m

Sep 30 2023n/an/a

€171m

Jun 30 2023n/an/a

€93m

Mar 31 2023n/an/a

€27m

Dec 31 2022€61kn/a

€24m

Sep 30 2022n/an/a

€83m

Jun 30 2022n/an/a

€273m

Mar 31 2022n/an/a

€258m

Dec 31 2021€57kn/a

€247m

Compensation vs Market: Casimir's total compensation ($USD771.79K) is below average for companies of similar size in the US market ($USD6.67M).

Compensation vs Earnings: Casimir's compensation has increased by more than 20% in the past year.


CEO

Casimir Lindholm (53 yo)

1.3yrs

Tenure

€710,817

Compensation

Mr. Casimir Lindholm, M.Sc. (Econ.), MBA, serves as President & Chief Executive Officer of Cargotec Corporation since April 01, 2023 and serves as its Interim President of Kalmar since August 16, 2023. He...


Leadership Team

NamePositionTenureCompensationOwnership
Casimir Lindholm
President & CEO1.3yrs€710.82k0.0032%
€ 101.7k
Aki Vesikallio
Vice President of Investor Relationsno datano datano data
Camilla Orko
Vice President of Ethics & Compliance5.3yrsno datano data
Outi Aaltonen
Senior VP11.3yrsno data0.026%
€ 799.8k
Mikko Pelkonen
Senior Vice President of Human Resources10.9yrsno data0.11%
€ 3.5m
Stephen Foster
Senior Vice President of Financeno datano datano data
Mikael Laine
Senior Vice President of Strategy10.3yrsno data0.053%
€ 1.6m
Scott Phillips
President of Hiab5.3yrsno data0.094%
€ 2.9m
Soili Mäkinen
Senior Vice President of Sustainable Business Development1.5yrsno data0.039%
€ 1.2m
Heidi Gustafsson
Executive Assistant to the CFO & Senior VP of Corporate Communicationsno datano datano data
Barry McGrane
Senior Vice President of Loader Cranes Light & Mediumno datano datano data
Michael Bruninx
Senior Vice President of Services - Hiabno datano datano data

5.3yrs

Average Tenure

58.5yo

Average Age

Experienced Management: CYJB.F's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ritva Sotamaa
Independent Director1.3yrs€58.45k0.0019%
€ 59.2k
Olli Herlin
Chairmanless than a year€92.49k0.29%
€ 9.1m
Raija-Leena Hankonen-Nybom
Independent Director1.3yrs€68.75k0.0014%
€ 42.3k
Luca Sra
Independent Directorless than a yearno datano data
Tuija Pohjolainen-Hiltunen
Independent Directorless than a yearno datano data
Eric Alström
Independent Directorless than a yearno datano data
Jukka Moisio
Vice Chairmanless than a yearno datano data

0.2yrs

Average Tenure

64yo

Average Age

Experienced Board: CYJB.F's board of directors are not considered experienced ( 0.2 years average tenure), which suggests a new board.


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.