Why Fortum Oyj's (HEL:FORTUM) CEO Pay Matters To You [Yahoo! Finance News]
FORTUM OYJ CP UNSP/ADR (FOJCY)
NASDAQ:AMEX Investor Relations:
www3.fortum.com/about-us/investors/focus
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Source: Yahoo! Finance News
In 2015 Pekka Lundmark was appointed CEO of Fortum Oyj HEL:FORTUM Check out our latest analysis for Fortum Oyj How Does Pekka Lundmark's Compensation Compare With Similar Sized Companies? At the time of writing, our data says that Fortum Oyj has a market cap of €20b, and reported total annual CEO compensation of €2.1m for the year to December 2018. While we always look at total compensation first, we note that the salary component is less, at €1.0m. We looked at a group of companies with market capitalizations over €7.2b and the median CEO total compensation was €3.4m. We took a wide range because the CEOs of massive companies tend to be paid similar amounts - even though some are quite a bit bigger than others). Most shareholders would consider it a positive that Pekka Lundmark takes less in total compensation than the CEOs of most other large companies, leaving more for shareholders. However, before we heap on the praise, we should delve deeper to understand business performance. Y
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