Mikko Helander - Kesko Oyj Chairman

KESKOB Stock  EUR 19.18  0.06  0.31%   

Chairman

Mr. Mikko Helander was Chairman of the Group Management Board and President and Chief Executive Officer of Kesko Oyj since January 1, 2015. Before that, he was Deputy Managing Director and Member of the Group Management Board of the Company since October 1, 2014. He has also served at Confederation of Finnish Industries EK as member of the Board since 2016 and Deputy Chair of the Board 2016 and since 2019, Finland Chamber of Commerce as member of the Board since 2016, Finnish Commerce Federation as Chair of the Board since 2018, member of the Board 20152017 and Deputy Chair of the Board 2015, Ilmarinen Mutual Pension Insurance Company as member of the Board since 2015 and Chair of the Board since 2016, Finnish Business and Policy Forum EVA as member since 2015, Finnish Fair Corporation as Board member since 2015, East Office of Finnish Industries Oy as member of the Board 20152018. He served at Metsa Fibre Oy as member of the Board 20082014, German Pulp and Paper Association as member of the Board 20132014, Myllykoski Paper Oy as Vice Chair of the Board 20072012, Finnish Forest Industries Federation as member of the Board 20072011. He was employed by Kesko Corporation since 2014. He previously served at Metsa Board Corporation as Chief Executive Officer 20062014, Metsa Tissue Corporation as Chief Executive Officer 20032006, Valmet Corporation as Head of Converting Machinery Division and member of the companys Management Board 19992003, Vice President for the Calender Business Unit 19971999, Head of Operations 19941997, Head of Project Department at Valmet Jarvenpaa 19931994, Managing Director of Kasten Hovik 19901993, Valmet Paper Machinery Inc., Production Manager at Valmet Jarvenpaa 19871990, Valmet Corporation as Project Engineer 19841987. He holds MS degree in Technology and holds Vuorineuvos . since 2015.
Age 59
Tenure 9 years
Phone358 10 5311
Webhttps://www.kesko.fi

Kesko Oyj Management Efficiency

The company has return on total asset (ROA) of 0.0687 % which means that it generated a profit of $0.0687 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2314 %, meaning that it generated $0.2314 on every $100 dollars invested by stockholders. Kesko Oyj's management efficiency ratios could be used to measure how well Kesko Oyj manages its routine affairs as well as how well it operates its assets and liabilities.
Kesko Oyj has accumulated 206.4 M in total debt with debt to equity ratio (D/E) of 1.11, which is about average as compared to similar companies. Kesko Oyj has a current ratio of 1.0, suggesting that it may not be capable to disburse its financial obligations in time and when they become due. Debt can assist Kesko Oyj until it has trouble settling it off, either with new capital or with free cash flow. So, Kesko 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 Kesko Oyj sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kesko to invest in growth at high rates of return. When we think about Kesko Oyj's use of debt, we should always consider it together with cash and equity.

Similar Executives

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CHAIRMAN Age

Matti LievonenFortum Oyj
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Anssi VanjokiElisa Oyj
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KlausDieter MaubachFortum Oyj
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The company operates through Grocery Trade, Building and Technical Trade, and Car Trade segments. The company was founded in 1940 and is headquartered in Helsinki, Finland. Kesko B operates under Grocery Stores classification in Finland and is traded on Helsinki Exchange. It employs 17120 people. Kesko Oyj (KESKOB) is traded on Helsinki Exchange in Finland and employs 17,841 people.

Management Performance

Kesko Oyj Leadership Team

Elected by the shareholders, the Kesko Oyj's board of directors comprises two types of representatives: Kesko Oyj inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kesko. The board's role is to monitor Kesko Oyj's management team and ensure that shareholders' interests are well served. Kesko 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, Kesko Oyj's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lasse Luukkainen, Group General Counsel, Company Secretary, Member of the Management Board
Jannica Fagerholm, Independent Director
Ari Akseli, President of the Grocery Trade Division, Member of the Group Management Board
Toni Pokela, Director
Jorma Rauhala, President - Building and Technical Trade Division, Deputy to President and Chief Executive Officer, Member of the Group Management Board
Peter Fagernas, Independent Deputy Chairman of the Board
eMBA MBA, Ex CFO
Karoliina Partanen, Executive Vice President - Communications, Brand and Stakeholder Relations, Member of the Group Management Board
Jukka Erlund, Chief Financial Officer, Executive Vice President, Member of the Group Management Board
MSc eMBA, Ex Board
Ari M, Pres Board
Mikko Helander, Chairman of the Group Management Board, President, Chief Executive Officer
Matti Kyytsonen, Independent Director
Hanna MScBA, VP Relations
Johan Friman, Executive Vice President and President Car Trade, Member of the Management Board
Esa Kiiskinen, Chairman of the Board
Matti Mettala, Executive Vice President, Human Resources, Corporate Responsibility and Regional Relations; Member of the Group Management Board
Matti Naumanen, Director
Anni Ronkainen, Executive Vice President Chief Digital Officer, Member of the Group Management Board
Piia Karhu, Independent Director
MSc MSc, President, Board
eMBA MSc, Chief Management

Kesko 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 Kesko 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 Kesko Stock

Kesko Oyj financial ratios help investors to determine whether Kesko 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 Kesko with respect to the benefits of owning Kesko Oyj security.