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Insiders' holdings

Further information on reporting insiders’ holdings is available on page Transactions of Managers. Until further notice the transactions will be reported as Stock Exchange releases.

Management shareholding until July 2, 2016

Nokian Tyres holdings and options holdings of the President and CEO and controlled corporations, December 31, 2018

  Number of shares Stock options 2013
2013C
Hille Korhonen, President and CEO 40,308 -

Duties and responsibilities and Nokian Tyres holdings and options holdings of the Group’s management team and controlled corporations, December 31, 2018

 

Number of shares

Stock options 2013
2013C

Päivi Antola
Investor Relations & Corporate Communications

0

0

Tytti Bergman
People & Culture

50

0

Mark Earl
Americas Business Area

0

0

Esa Eronen
Supply Chain & Sustainability

16,541

0

Anna Hyvönen
Nordics Business Area and Vianor Business Unit

19,117

0

Teemu Kangas-Kärki
Finance

0

0

Jukka Kasi
Products & Technologies

0

0

Andrei Pantioukhov
Russia and Asia Business Area

63,588

0

Manu Salmi
Nokian Heavy Tyres Business Unit

24,003

15,000

Timo Tervolin
Strategy & M&A

8,865

0

Susanna Tusa
Legal & Compliance

5,507

4,000

Antti-Jussi Tähtinen
Marketing

14,555

0

Frans Westerlund
IT & Processes

2,775

0

 

Table 1. Long-term incentives

 

Performance Share Plan 2016 (maximum)

 

Performance Share Plan 2019 (maximum)

 

Performance

period 2017

Performance

period 2018

 

Performance period

2019–2020

Performance period

2019–2021

President and CEO

70,000

55,000

 

250%

250%

Other management team

216,875

194,500

 

100%–200%

100%–200%

 

Maximum share rewards defined as pieces of shares

 

Maximum share rewards defined as % of annual base salary

Table 2. Remuneration paid to the Board members in 2018 (cash basis)

 

Position on the Board

Fixed annual fee, €**

Meeting remuneration fees, €

Committee meeting remuneration fees, €

Total remuneration fees, €

Shares acquired with a fixed annual fee, number of shares

Share holdings of the Board, number of shares

Petteri Walldén

Chairman

90,000

6,000

6,000

102,000

1,348

20,865

Kari Jordan *

Deputy Chairman, Chairman of the Personnel and Remuneration Committee

67,500

4,800

3,600

75,900

1,011

1,011

Heikki Allonen

member

45,000

6,000

3,000

54,000

674

1,867

Raimo Lind

Chairman of the Audit Committee

67,500

6,000

5,400

78,900

1,011

3,862

Veronica Lindholm

member

45,000

6,000

6,000

57,000

674

1,867

Inka Mero

member

45,000

6,000

3,000

54,000

674

3,260

George Rietbergen

member

45,000

7,800

600

53,400

674

1,204

Pekka Vauramo *

member

45,000

4,800

2,400

52,200

674

674

Total

 

450,000

47,000

30,000

527,400

6,740

34,610

 * member since April 10, 2018

** 50% of the annual remuneration to be paid in cash and 50% in company shares

President and CEO and management team

Table 3: Salaries and financial benefits paid to the President and CEO and the company’s other management team members in 2018 (cash basis)

 

 

Annual salary, € (including fringe benefits)

Performance based bonuses, € (based on year 2017)

Signing fees, €

Severance package, €

Total value of share-based bonus, €*

Total, €

Share-based bonus paid in shares, number of shares

President and CEO

693,240

411,540

0

0

2,497,082

3,601,862

32,381

Other members of the management team

2,580,611

753,063

31 915

0

6,714,353

10,079,941

98,771

* According to the stock exchange price of the assignment date of March 26, 2018 / August 31, 2018 the payment for the performance period of 2017 of the share-based incentive plan