Kesko Oyj Management

Management criteria checks 4/4

Kesko Oyj's CEO is Jorma Rauhala, appointed in Feb 2013, has a tenure of 11.83 years. total yearly compensation is €1.54M, comprised of 28.2% salary and 71.8% bonuses, including company stock and options. directly owns 0.06% of the company’s shares, worth $4.47M. The average tenure of the management team and the board of directors is 4.9 years and 6.7 years respectively.

Key information

Jorma Rauhala

Chief executive officer

€1.5m

Total compensation

CEO salary percentage28.2%
CEO tenure11.8yrs
CEO ownership0.06%
Management average tenure4.9yrs
Board average tenure6.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jorma Rauhala's remuneration changed compared to Kesko Oyj's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€417m

Jun 30 2024n/an/a

€427m

Mar 31 2024n/an/a

€472m

Dec 31 2023€2m€434k

€496m

Sep 30 2023n/an/a

€524m

Jun 30 2023n/an/a

€561m

Mar 31 2023n/an/a

€591m

Dec 31 2022€2mn/a

€610m

Sep 30 2022n/an/a

€630m

Jun 30 2022n/an/a

€615m

Mar 31 2022n/an/a

€597m

Dec 31 2021€2mn/a

€572m

Sep 30 2021n/an/a

€524m

Jun 30 2021n/an/a

€544m

Mar 31 2021n/an/a

€477m

Dec 31 2020€1mn/a

€433m

Sep 30 2020n/an/a

€409m

Jun 30 2020n/an/a

€345m

Mar 31 2020n/an/a

€335m

Dec 31 2019€1mn/a

€328m

Compensation vs Market: Jorma's total compensation ($USD1.60M) is below average for companies of similar size in the US market ($USD7.98M).

Compensation vs Earnings: Jorma's compensation has been consistent with company performance over the past year.


CEO

Jorma Rauhala (59 yo)

11.8yrs

Tenure

€1,539,455

Compensation

Mr. Jorma Rauhala, M.Sc. (Econ.), serves as President, Chief Executive Officer and Managing Director of Kesko Oyj since February 01, 2024 and serves as its President of Building and Technical Trade since N...


Leadership Team

NamePositionTenureCompensationOwnership
Jorma Rauhala
President11.8yrs€1.54m0.060%
$ 4.5m
Anu Hamalainen
Executive VPless than a yearno datano data
Ari Akseli
President of Grocery Trade & Member of Group Management Board7.1yrsno data0.033%
$ 2.5m
Matti Mettala
Executive VP of HR & Member of Group Management Board12.2yrsno data0.030%
$ 2.3m
Karoliina Partanen
EVP of Communications4.2yrsno data0.017%
$ 1.3m
Lasse Luukkainen
EVP of Legal & Sustainability4.9yrsno datano data
Sami Kiiski
President of Building & Technical Trade Division and Member of Group Management Board1.5yrsno data0.0034%
$ 252.5k
Johanna Ali
President of the Car Trade Division & Member of Group Management Boardless than a yearno datano data
Arto Hiltunen
Chief Information Officer & VP of IT Management16yrsno datano data
Hanna Jaakkola
Vice President of Investor Relationsno datano datano data
Riikka Toivonen
Head of K Publicityno datano datano data
Heikki Ala-Seppälä
Group Treasurerno datano datano data

4.9yrs

Average Tenure

55.5yo

Average Age

Experienced Management: KKOY.F's management team is considered experienced (4.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Fagernäs
Independent Deputy Chairman6.7yrs€70.20k0.0075%
$ 556.6k
Timo Olavi Ritakallio
Independent Director3.7yrs€57.70k0.0012%
$ 88.2k
Esa Kiiskinen
Chairman of the Board15.8yrs€114.60k0.12%
$ 8.9m
Jannica Fagerholm
Independent Director8.7yrs€74.40k0.0030%
$ 223.4k
Piia Karhu
Independent Director6.7yrs€55.90k0.0015%
$ 111.3k
Jussi Perala
Director3.7yrs€52.90k0.058%
$ 4.3m
Pauli Jaakola
Directorless than a yearno datano data

6.7yrs

Average Tenure

61yo

Average Age

Experienced Board: KKOY.F's board of directors are considered experienced (6.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 07:46
End of Day Share Price 2024/10/29 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Kesko Oyj is covered by 20 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Anna SchumacherBNP Paribas Exane
Robert JoyceBNP Paribas Exane