Ricard Wennerklint - Sampo Oyj Managing Director

SAMPO Stock  EUR 39.89  0.24  0.61%   

Managing Director

Mr. Ricard Wennerklint has served as Executive Director of If PC Insurance Holding Ltd and Member of the Group Executive Committee at Sampo Oyj since 2019. He previously served as Deputy Chief Executive Officer of If PC Insurance Holding Ltd and Member of the Group Executive Committee at Sampo Oyj from 2008 till 2019. He was Member of the Executive Committee of Sampo Oyj since 2005. He previously held the positions of Senior Vice President and Head of Business and Financial Control with If PC Insurance Ltd., Head of Control with Skandia PC and Head of Financial Control and Financial Controller with TryggHansa. He has also served as Member of the Boards of Directors of, If PC Insurance AS in Estonia since 2003. He is Board Member of Nobia AB since 2014 and Chairman of the Board of Topdanmark AS since 2019 . He has also been Board Member of If PC Insurance Holding Ltd since 2019 and Chairman of the Board of If PC Insurance AS, Estonia since 2017 . He completed Advanced Management Program, Executive Education at Handelshogskolan i Stockholm, graduated in Business and Finance from Handelshogskolan i Stockholm, and studied at the Department of Soviet and East European Studies at the University of Uppsala. since 2019.
Age 54
Tenure 5 years
Phone358 1051 60100
Webhttps://www.sampo.com

Sampo Oyj Management Efficiency

The company has return on total asset (ROA) of 0.0232 % which means that it generated a profit of $0.0232 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.134 %, meaning that it generated $0.134 on every $100 dollars invested by stockholders. Sampo Oyj's management efficiency ratios could be used to measure how well Sampo Oyj manages its routine affairs as well as how well it operates its assets and liabilities.
Sampo Oyj A has accumulated 4.22 B in total debt with debt to equity ratio (D/E) of 37.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Sampo Oyj A has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Sampo Oyj until it has trouble settling it off, either with new capital or with free cash flow. So, Sampo 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 Sampo Oyj A sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sampo to invest in growth at high rates of return. When we think about Sampo Oyj's use of debt, we should always consider it together with cash and equity.
Sampo Oyj, through its subsidiaries, provides life and non-life insurance products and services in Finland, Sweden, Norway, Denmark, and the Baltic countries. Sampo Oyj was founded in 1909 and is headquartered in Helsinki, Finland. Sampo Plc operates under Insurance - General classification in Finland and is traded on Helsinki Exchange. It employs 9824 people. Sampo Oyj A (SAMPO) is traded on Helsinki Exchange in Finland and employs 13,490 people.

Management Performance

Sampo Oyj A Leadership Team

Elected by the shareholders, the Sampo Oyj's board of directors comprises two types of representatives: Sampo Oyj inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sampo. The board's role is to monitor Sampo Oyj's management team and ensure that shareholders' interests are well served. Sampo 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, Sampo Oyj's outside directors are responsible for providing unbiased perspectives on the board's policies.
KnutArne Alsaker, CFO Committee
Morten Thorsrud, President and Chief Executive Officer of If P&C Insurance Holding Ltd, Member of the Group Executive Committee
Ricard Wennerklint, Deputy Managing Director of If P&C Insurance Holding Ltd; Member of the Group Executive Committee
Maria Silander, Media Mang
Torbjorn Magnusson, Head of P&C Insurance, Managing Director of If P&C Insurance Holding Ltd, Member of the Group Executive Committee
Ingrid Holthe, Group Executive Vice President, Head of Business Area Private, If P&C Insurance Ltd, Member of the Group Executive Committee
Johan Brjesson, Group HR
John Lapvetelainen, Group Chief Investment Officer, Member of the Group Executive Committee
Petri LLM, Member Committee
Sami Taipalus, Head Relations

Sampo 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 Sampo 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Sampo Stock

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