Management Team´s remuneration

Management Team´s remuneration

 

The company's Management Team consists of the following members: the acting chairman President and CEO Juho Nummela, Deputy to the CEO (as of 1 June 2020) and CFO Petri Härkönen, Technology and R&D Director Juha Inberg, Sales, Service and Marketing Director Marko Mattila (as of 1 June 2020), Service Director Tapio Mertanen, Director of Human Resources Paula Oksman, Director of Digital Services and IT Miika Soininen (as of 1 December 2020), Deputy to the CEOand Sales and Marketing Director Jarmo Vidgren (until 31 May 2020), and Supply Chain Director Tommi Väänänen. The company management has regular management liability insurance.

The salaries and fringe benefits of the other members of the Management Team amounted to 978,662.84 euros in 2020. Performance bonus and profit-sharing payments amounted to 287,919.00 euros in 2020. The retirement age of the members of Management Team is 65 and pensions are determined according to existing legislation. The Management Team members' period of notice is 6 months. If the Company terminates the agreement, the Company shall pay the salary determined for the notice period.

 

 

Period

Salary and fringe benefits

Performance bonus and profit sharing

Taxable income

Nummela Juho

1 January – 31 December 2020

500,400.00

375,356.93

875,756.93

Other Management Team Members

1 January – 31 December 2020

978,662.84

287,919.00

1,266,581.84

Total

 

1,479,062.84

663,275.93

2,142,338.77