Kesko Oyj (KESKOA.HE)

16.44 -0.26 (-1.56%) At close: 06:29PM EEST

Kesko Oyj

TyOepajankatu 12
Helsinki 00580
Finland
358 10 5311
https://www.kesko.fi

Sector(s): Consumer Defensive
Industry: Grocery Stores
Full-time employees: 18,247

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jorma Rauhala M.Sc. (Econ.)	President, CEO, MD, Member of Group Management Board & President of Building and Technical Trade	729.6k	N/A	1965
Mr. Jukka Erlund eMBA, M.B.A., M.Sc., M.Sc. (Econ.)	CFO, Executive VP & Member of Group Management Board	N/A	N/A	1974
Mr. Ari Akseli M.Sc. (Econ.)	President of Grocery Trade & Member of Group Management Board	N/A	N/A	1972
Mr. Matti Antero Mettala	Executive VP of HR & Member of Group Management Board	N/A	N/A	1963
Ms. Karoliina Partanen	EVP of Communications, Brand & Stakeholder Relations and Member of Management Board	N/A	N/A	1977
Ms. Riikka Joukio eMBA, M.Sc. (Tech.)	Executive VP of Sustainability & Public Affairs and Member of Group Management Board	N/A	N/A	1965
Mr. Sami Kiiski M.Sc.	President of Building & Technical Trade Division and Member of Group Management Board	N/A	N/A	1976
Johanna Ali M.Sc.	Acting President of the Car Trade Division & Member of Group Management Board	N/A	N/A	1977
Mr. Arto Hiltunen eMBA, M.Sc., M.Sc. (Econ.)	Chief Information Officer & VP of IT Management	N/A	N/A	1958
Ms. Hanna Jaakkola M.Sc.BA.	Vice President of Investor Relations	N/A	N/A	N/A

Amounts are as of 31 December 2023, 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

Kesko Oyj engages in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, and Poland. The company operates through Grocery Trade, Building and Technical Trade, and Car Trade divisions. The Grocery Trade segment comprises wholesale and B2B trade of groceries, and retail of home and specialty goods under the K-retailer brand; and operates store retail chains under the K-Citymarket, K-Supermarket, K-Market, and Neste K grocery brand. The Building and Technical Trade segment operates wholesale, retail, and B2B trade of building and home improvement, and HEPAC and electrical products and services, as well as trades in leisure goods under the K-Rauta, K-Bygg, Byggmakker, and Onninen brands. The Car Trade segment engages in the import, market, and retail Volkswagen, Audi, SEAT, CUPRA, Bentley, and Porsche passenger cars, as well as Volkswagen and commercial vehicles; purchase of used cars business; operates leasing business for private and corporate customers; and services, which includes repair and maintenance, and sale of spare parts and accessories, as well as charging network for electric vehicles under the K- Lataus name. Kesko Oyj was founded in 1940 and is headquartered in Helsinki, Finland.

Corporate governance

Kesko Oyj’s ISS governance QualityScore as of 29 April 2024 is 7. The pillar scores are Audit: 4; Board: 5; Shareholder rights: 8; Compensation: 7.

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.