F-Secure Oyj Management
Management criteria checks 1/4
F-Secure Oyj's CEO is Timo Laaksonen, appointed in Jun 2022, has a tenure of 1.83 years. total yearly compensation is €501.00K, comprised of 84.2% salary and 15.8% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth $27.72K. The average tenure of the management team and the board of directors is 1.8 years and 2.3 years respectively.
Key information
Timo Laaksonen
Chief executive officer
€501.0k
Total compensation
| CEO salary percentage | 84.2% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.008% |
| Management average tenure | 1.8yrs |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | €501k | €422k | €22m |
| Sep 30 2023 | n/a | n/a | €26m |
| Jun 30 2023 | n/a | n/a | €29m |
| Mar 31 2023 | n/a | n/a | €28m |
| Dec 31 2022 | €358k | €180k | €30m |
Compensation vs Market: Timo's total compensation ($USD542.91K) is below average for companies of similar size in the US market ($USD2.20M).
Compensation vs Earnings: Timo's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Timo Laaksonen (62 yo)
1.8yrs
Tenure
€501,000
Compensation
Mr. Timo T. Laaksonen, M.Sc. (Econ.), served as Executive Vice President of Consumer Security at WithSecure Oyj (formerly known as F-Secure Oyj) since 2021 until 2022. He serves as President & Chief Execut...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 1.8yrs | €501.00k | 0.0077% $ 27.7k | |
| VP of Product Engineering & Director | 1.3yrs | €14.38k | no data | |
| Chief Financial Officer | 1.8yrs | no data | 0.0013% $ 4.8k | |
| Chief Technology Officer | 1.8yrs | no data | no data | |
| Senior Vice President of Corporate Development | 1.8yrs | no data | 0.021% $ 77.3k | |
| Chief Marketing Officer | 1.8yrs | no data | 0.0049% $ 17.5k | |
| Chief People & Culture Officer | 1.8yrs | no data | no data | |
| Senior Vice President of Services | less than a year | no data | 0.0013% $ 4.6k | |
| Chief Revenue Officer | less than a year | no data | no data | |
| Chief Product Business Officer | 1.3yrs | no data | no data | |
| Chief Information Security Officer | no data | no data | no data |
1.8yrs
Average Tenure
51yo
Average Age
Experienced Management: FSRO.F's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| VP of Product Engineering & Director | 1.1yrs | €14.38k | no data | |
| Director | 2.3yrs | €43.15k | 34.37% $ 123.7m | |
| Independent Chairman of the Board | 2.3yrs | €95.85k | 0.057% $ 203.6k | |
| Independent Director | 2.3yrs | €48.15k | 0.0061% $ 21.8k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2.3yrs | €48.15k | 0.0061% $ 21.8k | |
| Independent Director | 2.3yrs | €54.51k | 0.0077% $ 27.6k | |
| Director | less than a year | no data | no data |
2.3yrs
Average Tenure
56yo
Average Age
Experienced Board: FSRO.F's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/07 06:02 |
| End of Day Share Price | 2024/01/09 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
F-Secure Oyj is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Veikkopekka Silvasti | Danske Bank |
| Waltteri Rossi | Danske Bank |
| Marianne Palmu | Inderes Oy |