Huhtamäki Oyj (0K9W.IL)

37.00 +1.00 (+2.78%) At close: 05:41PM BST

Huhtamäki Oyj

Revontulenkuja 1
Espoo 02100
Finland
358 1068 67000
https://www.huhtamaki.com

Sector(s): Consumer Cyclical
Industry: Packaging & Containers
Full-time employees: 17,968

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Charles Heaulme B.B.A.	CEO & Pres	2.06M	N/A	1966
Mr. Thomas Geust M.Sc. (Econ)	Chief Financial Officer	156.46k	N/A	1973
Kristian Tammela	VP of Investor Relations	N/A	N/A	N/A
Mr. Sami Pauni LL.M.	EVP of Corp. Affairs & Legal, Group Gen. Counsel and Interim EVP of Sustainability & Comm.	N/A	N/A	1974
Mr. Ingolf Thom	Exec. VP of HR & Safety	N/A	N/A	1975
Mr. Olli Koponen M.Sc., B.Sc.	Sr. VP of Total Productive Manufacturing	N/A	N/A	1959
Mr. Wouter van Tol	Head of Corp. Responsibility	N/A	N/A	N/A
Ms. Katariina Hietaranta	Head of External Communications	N/A	N/A	1968
Ms. Marina Madanat	Exec. VP of Strategy & Bus. Devel.	N/A	N/A	1979
Ms. Ann O'Hara	Pres of North America	N/A	N/A	1970

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Huhtamäki Oyj provides packaging solutions in the United States, Germany, India, the United Kingdom, Australia, Thailand, China, South Africa, Russia, the United Arab Emirates, Findland, and internationally. It operates through Foodservice Europe-Asia-Oceania, North America, Flexible Packaging, and Fiber Packaging segments. The company offers beverage-to-go packaging solutions, which includes single and double-wall paper, coffee, and cold drinks cups, cup carriers, lids, accessories and short run prints customized paper cups; food-to-go packaging solutions includes trays, containers, clamshells, scoops, bowls, wraps, and various other accessories for take-away and dining; and egg trays, egg cartons, fruit trays, and wine bottle separators. In addition, it provides beverage packaging, such as multilayer films, wrappers, labels, pouches and various reclose and print options for coffee, tea, juice, energy drink, and alcoholic beverage packaging; packaged food comprising stand up pouches, food pouches, multilayer packaging, and foils for ice cream, soups, biscuits, confectionary, dry foods, and other retail foods. The company also offers ready-to-eat pet food packaging, such as retort pouches and barrier laminates, as well as open and reclosable bags, and pouches in aluminum foil and non-foil transparent structures; packaging and labels for personal and home care products including tube laminates for toothpaste and other tubes, blister packaging materials, and pharmaceutical packaging. Further, it provides disposable food trays for read-to-eat meals; and offers single-use tableware products, such as plates, bowls, cups, and napkins under the Chinet brand. The company serves food and beverage companies, quick service and fast casual restaurants, foodservice operators, fresh produce packers, and retailers. Huhtamäki Oyj was founded in 1920 and is headquartered in Espoo, Finland.

Corporate governance

Huhtamäki Oyj’s ISS governance QualityScore as of 1 October 2023 is 4. The pillar scores are Audit: 6; Board: 1; Shareholder rights: 1; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.