| FORTUM Stock | | | EUR 14.26 0.04 0.28% |
CEO
Mr. Markus Heikki Erdem Rauramo was Chief Financial Officer and Member of the Executive Management at Fortum Oyj since March 1, 2017. He was previously Member of the Management Team and Executive Vice President, City Solutions at Fortum Oyj from April 1, 2016. Before that, he was Executive Vice President, Heat, Electricity Sales and Solutions Division at the Company, from March 1, 2014 and was Member of the Management Team of the Company since September 1, 2012. He served as Chief Financial Officer of Fortum Oyj, from September 1, 2012 until March 1, 2014. He also served as Acting President and Chief Executive Officer of the Company from March 25, 2013 until the second half of November 2013. Prior to this, he was Chief Financial Officer and Member of the GET at Stora Enso Oyj, Senior Vice President Group Treasurer at Stora Enso International, Vice President Strategy and Investments at Stora Enso Oyj, Vice President Head of Funding at Stora Enso Financial Services and held several financial tasks at Enso Oyj . He is Member of the Board of Wartsila Oyj Abp and Teollisuuden Voima Oyj and Vice Chairman of the Supervisory Board of Uniper SA. He holds a MS degree in Economics and Political History. since 2020.
| Age | 55 |
| Tenure | 5 years |
| Phone | 358 10 4511 |
| Web | https://www.fortum.com |
Fortum Oyj Management Efficiency
The company has return on total asset
(ROA) of
0.018 % which means that it generated a profit of $0.018 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.2099) %, meaning that it generated substantial loss on money invested by shareholders. Fortum Oyj's management efficiency ratios could be used to measure how well Fortum Oyj manages its routine affairs as well as how well it operates its assets and liabilities.
Fortum Oyj has accumulated 7.76
B in total debt with debt to equity ratio
(D/E) of 0.72, which is about average as compared to similar companies. Fortum Oyj has a current ratio of 1.01, suggesting that it
is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist Fortum Oyj until it has trouble settling it off, either with new capital or with free cash flow. So, Fortum Oyj's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fortum Oyj sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fortum to invest in growth at high rates of return. When we think about Fortum Oyj's use of debt, we should always consider it together with cash and equity.
Similar Executives
Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Germany, the United Kingdom, Russia, the Netherlands, the Baltic Rim area, and internationally. Fortum Oyj was founded in 1998 and is headquartered in Espoo, Finland. Fortum operates under UtilitiesRenewable classification in Finland and is traded on Helsinki Exchange. It employs 20184 people. Fortum Oyj (FORTUM) is traded on Helsinki Exchange in Finland and employs 7,830 people.
Management Performance
Fortum Oyj Leadership Team
Elected by the shareholders, the Fortum Oyj's board of directors comprises two types of representatives: Fortum Oyj inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fortum. The board's role is to monitor Fortum Oyj's management team and ensure that shareholders' interests are well served. Fortum Oyj's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fortum Oyj's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Anders Egelrud, Managing Vrme | |
| Risto Penttinen, Senior Vice President Strategy, People and Performance; Member of the Executive Management Team | |
| Bernhard Gunther, Chief Financial Officer, Member of the Executive Management | |
| Per Langer, Executive Vice President City Solutions; Member of the Executive Management Team | |
| Heli Kurki, Head Communications | |
| VeliMatti Reinikkala, Independent Director | |
| Erkki KariKoskinen, Head Markets | |
| Philipp Rosler, Independent Director | |
| KlausDieter Maubach, Independent Deputy Chairman of the Board | |
| Tiina Tuomela, Executive Vice President Generation; Member of the Executive Management Team | |
| Kim Ignatius, Independent Director | |
| Anja McAlister, Independent Director | |
| SirpaHelena Sormunen, General Counsel, Member of the Executive Management Team | |
| Essimari Kairisto, Independent Director | |
| Ensio Visnen, Head Unit | |
| Matti Lievonen, Independent Chairman of the Board | |
| Eveliina MSc, VP People | |
| Mikael Ronnblad, Executive Vice President Consumer Solutions, Member of the Executive Management Team | |
| Nora LLM, Gen Directors | |
| Arto Raty, Senior Vice President Corporate Affairs and Communication; Member of the Executive Management Team | |
| Arun Aggarwal, Senior Vice President Business Technology; Member of the Executive Management | |
| Ingela M, VP Communications | |
| Markus Rauramo, President, Chief Executive Officer, Member of the Executive Management | |
| Alexander Chuvaev, Executive Vice President Russia Division; General Director of PAO Fortum, Member of the Executive Management Team | |
| Pekka Lundmark, President, Chief Executive Officer, Member of the Executive Management | |
| Eva Hamilton, Independent Director | |
| Per M, Ex Solutions | |
Fortum Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fortum Oyj a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Other Information on Investing in Fortum Stock
Fortum Oyj financial ratios help investors to determine whether Fortum Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fortum with respect to the benefits of owning Fortum Oyj security.