Cargotec Management

Management criteria checks 2/4

Cargotec's CEO is Casimir Lindholm, appointed in Apr 2023, has a tenure of 1.33 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 $107.66K. The average tenure of the management team and the board of directors is 5.3 years and 0.3 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
Jun 30 2024n/an/a

€346m

Mar 31 2024n/an/a

€370m

Dec 31 2023€711k€520k

€347m

Sep 30 2023n/an/a

€119m

Jun 30 2023n/an/a

€40m

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 ($USD793.15K) is below average for companies of similar size in the US market ($USD6.66M).

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%
$ 107.7k
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%
$ 848.0k
Mikko Pelkonen
Senior Vice President of Human Resources11yrsno data0.11%
$ 3.7m
Stephen Foster
Senior Vice President of Financeno datano datano data
Mikael Laine
Senior Vice President of Strategy10.3yrsno data0.053%
$ 1.7m
Scott Phillips
President of Hiab5.3yrsno data0.094%
$ 3.1m
Soili Mäkinen
Senior Vice President of Sustainable Business Development1.6yrsno data0.039%
$ 1.3m
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 Director1.4yrs€58.45k0.0033%
$ 109.6k
Olli Herlin
Chairmanless than a year€92.49k0.29%
$ 9.7m
Raija-Leena Hankonen-Nybom
Independent Director1.4yrs€68.75k0.0030%
$ 100.4k
Luca Sra
Independent Directorless than a yearno data0.0013%
$ 44.4k
Tuija Pohjolainen-Hiltunen
Independent Directorless than a yearno data0.0015%
$ 50.0k
Eric Alström
Independent Directorless than a yearno data0.0015%
$ 50.0k
Jukka Moisio
Vice Chairmanless than a yearno datano data

0.3yrs

Average Tenure

64yo

Average Age

Experienced Board: CYJB.F's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.