The company’s management team consists of the following members: Juho Nummela, President and CEO, acting as the chairman; Petri Härkönen, Deputy CEO, Chief Financial Officer; Juha Inberg, Chief R&D and Technology Officer; Tiina Kautonen, Chief Human Resources Officer; Marko Mattila, Chief Sales, Service and Marketing Officer; Tapio Mertanen, Service Director; Katja Paananen, Chief Responsibility Officer; Miika Soininen, Chief Digital Officer and Tommi Väänänen, Chief Operations Officer. The company management has a regular management liability insurance.
The management team’s remuneration consists of:
- A fixed monthly salary (including fringe benefits) based on the requirements of the role and the person’s experience.
- A short-term performance bonus, the purpose of which is to provide encouragement and remuneration for the achievement of the goals set out in the annual business strategy, and on a non-recurring basis for any other particularly good performance (paid annually).
- A long-term performance bonus which is usually a share-based bonus.
- A supplementary pension benefit which is paid in addition to the statutory pension. Paid to the directors responsible for finance and strategy.
The principles regarding the short-term performance bonus are consistent between the CEO and the rest of the management team, and it has been explained in more detail in the remuneration report. The members of the management team are involved in long-term performance bonuses. You can find more information about them on Ponsse's website in a section “Incentive plans” and in the Corporate Governance Statement. The CEO has his own share-based incentive plans and the rest of the management team is part of the key employee plan.
The salaries and fringe benefits of the other members of the Management Team amounted to 1,404,633.54 euros in 2024. Performance bonus and profit-sharing payments amounted to 251,093.87 euros and supplementary pensions were paid 243,977.00 euros in 2024. 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 six (6) months. If the Company terminates the agreement, the Company shall pay the salary determined for the notice period.
|
Period |
Salary and fringe benefits, EUR |
Performance bonus, long-term incentice schemes and profit sharing, EUR |
Supplementary pension, EUR |
Total remuneration paid, EUR |
CEO |
1.1.-31.12.2023 |
554 885,35 |
443 321,93 |
245 924,00 |
1 244 131,28 |
Other management team members |
1.1.-31.12.2023 |
1 404 633,54 |
251 093,87 |
243 977,00 |
1 899 704,41 |
Total |
1 959 518,89 |
694 415,80 |
489 901,00 |
3 143 835,69 |