Cargotec Management

Management criteria checks 3/4

Cargotec's CEO is Casimir Lindholm, appointed in Apr 2023, has a tenure of 1.08 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 $165.22K. The average tenure of the management team and the board of directors is 6.5 years and 5.2 years respectively.

Key information

Casimir Lindholm

Chief executive officer

€710.8k

Total compensation

CEO salary percentage73.1%
CEO tenure1.1yrs
CEO ownership0.003%
Management average tenure6.5yrs
Board average tenure5.2yrs

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 ($USD759.18K) is below average for companies of similar size in the US market ($USD8.39M).

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


CEO

Casimir Lindholm (52 yo)

1.1yrs

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 & CEO1.1yrs€710.82k0.0032%
€ 165.2k
Mikko Puolakka
Executive VP & CFO8yrsno data0.083%
€ 4.2m
Aki Vesikallio
Vice President of Investor Relationsno datano datano data
Camilla Orko
Vice President of Ethics & Compliance5.1yrsno datano data
Outi Aaltonen
Senior VP11.1yrsno data0.026%
€ 1.3m
Mikko Pelkonen
Senior Vice President of Human Resources10.8yrsno data0.11%
€ 5.6m
Stephen Foster
Senior Vice President of Financeno datano datano data
Mikael Laine
Senior Vice President of Strategy10.1yrsno data0.053%
€ 2.7m
Scott Phillips
President of Hiab5.1yrsno data0.094%
€ 4.8m
Soili Mäkinen
Senior Vice President of Sustainable Business Development1.3yrsno data0.039%
€ 2.0m
Heidi Gustafsson
Executive Assistant to the CFO & Senior VP of Corporate Communicationsno datano datano data
Pekka Reijonen
Vice President of Treasuryno datano datano data

6.5yrs

Average Tenure

57yo

Average Age

Experienced Management: CYJB.Y's management team is seasoned and experienced (6.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Johanna Lamminen
Independent Director7.2yrs€74.20k0.0035%
€ 177.4k
Ritva Sotamaa
Independent Director1.2yrsno data0.0019%
€ 96.1k
Jaakko-Veikko Eskola
Independent Chairman of the Board3.2yrs€118.34k0.0063%
€ 319.3k
Olli Herlin
Vice Chair18.8yrs€92.49k0.29%
€ 14.7m
Tapio Kolunsarka
Independent Director1.2yrs€59.45k0.00054%
€ 27.5k
Kaisa Olkkonen
Independent Director8.2yrs€75.20k0.0039%
€ 200.3k
Teresa Kemppi-Vasama
Independent Director7.2yrs€79.20k0.0035%
€ 177.4k
Raija-Leena Hankonen-Nybom
Independent Director1.2yrs€68.75k0.0014%
€ 68.6k

5.2yrs

Average Tenure

59yo

Average Age

Experienced Board: CYJB.Y's board of directors are considered experienced (5.2 years average tenure).


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