Tapio Kuula - Nokian Tyres Director

NKRKY Stock  USD 4.80  0.04  0.84%   

Director

Mr. Tapio Teuvo Kuula has served as Independent Deputy Chairman of the Board at Nokian Tyres plc since April 10, 2017. He was Independent Member of the Board of Directors of Nokian Tyres plc since April 8, 2015. He is Chairman of the Companys Personnel and Remuneration Committee. He holds a MS degree in Economics and a MS degree in Electrical Engineering, as well as BS degree in Economics. He also holds Honorary Doctor in Technology from Lappeenranta University of Technology. He previously was President and Chief Executive Officer of Fortum Corporation, President of Fortum Power and Heat Oy, Senior Vice President at Fortum Corporation and President of the Power and Heat Sector at Fortum Oyj, among others. He serves as CoChairman of the Board of Northern Dimension Business Council and Member of the Board of Fortum Corporationrationration. since 2017.
Age 59
Tenure 7 years
Phone358 1040 17000
Webhttps://www.nokiantyres.com

Nokian Tyres Management Efficiency

The company has return on total asset (ROA) of 0.0504 % which means that it generated a profit of $0.0504 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1147) %, meaning that it generated substantial loss on money invested by shareholders. Nokian Tyres' management efficiency ratios could be used to measure how well Nokian Tyres manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 128.4 M in total debt with debt to equity ratio (D/E) of 0.28, which may suggest the company is not taking enough advantage from borrowing. Nokian Tyres Plc has a current ratio of 2.39, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Nokian Tyres until it has trouble settling it off, either with new capital or with free cash flow. So, Nokian Tyres' 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 Nokian Tyres Plc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nokian to invest in growth at high rates of return. When we think about Nokian Tyres' use of debt, we should always consider it together with cash and equity.

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Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, Russia, the rest of Europe, Asia, the Americas, and internationally. Nokian Renkaat Oyj was founded in 1898 and is headquartered in Nokia, Finland. Nokian Tyres operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 4927 people. Nokian Tyres Plc [NKRKY] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Nokian Tyres Plc Leadership Team

Elected by the shareholders, the Nokian Tyres' board of directors comprises two types of representatives: Nokian Tyres inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nokian. The board's role is to monitor Nokian Tyres' management team and ensure that shareholders' interests are well served. Nokian Tyres' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nokian Tyres' outside directors are responsible for providing unbiased perspectives on the board's policies.
Tommi Heinonen, Head of Americas business area, Member of the Management Team
Tytti Bergman, Senior Vice President People & Culture; Member of the Management Team
Hannu Teininen, VP of Sales and Logistics
Juha Pirhonen, Head of Research & Development, Member of the Management Team
Heikki Allonen, Independent Director
Petteri Wallden, Independent Chairman of the Board
Jaana Klinga, Sec Counsel
Tapio Kuula, Director
Esa Eronen, Vice President Production Service; Member of the Management Team
Andrei Pantioukhov, Vice President Russian operations; General Manager of Nokian Tyres Russia; Member of the Management Team
Ville Nurmi, VP of HR
Mitsuhira Shimazaki, Director Sales
Pontus Stenberg, VP of Sales
George Rietbergen, Independent Director
Ari Lehtoranta, CEO and Pres
Veronica Lindholm, Independent Director
Kari Jordan, Independent Deputy Chairman of the Board
Paivi MA, Investor Communications
Anna LicTech, Tyres Car
Anne Leskela, CFO, Vice President Finance and Control & Investor Relations, Member of the Management Team
Mark Earl, Vice President Americas Business Area; Member of the Management Team
AnttiJussi Tahtinen, Vice President Marketing and Communications; Member of the Management Team
Teemu KangasKarki, CFO, Member of the Management Team
Hannu Penttila, Independent Director
Hille Korhonen, Independent Director
Manu Salmi, Vice President Procurement; Member of the Management Team
Peter Chia, Plant Director
Alexej Bagh, Vice President CEO of Vianor, Member of the Management Team
Heikki Mattsson, Vice President ICT; Member of the Management Team
Pekka Vauramo, Independent Director
Paivi M, VP HR
Raimo Lind, Director
Jukka Kasi, Vice President Products and Technologies; Member of the Management Team
Bahri Kurter, Senior Vice President Central Europe; Member of the Management Team
Frans Westerlund, Vice President CIO and Processes; Member of the Management Team
Reija MSc, Head Marketing
Timo Tervolin, Vice President Strategy and Corporate Development; Member of the Management Team
Hannu Liitsola, Interim Head of Business Area Central Europe
Inka Mero, Director
Susanna Tusa, Head of Legal & Compliance, Member of the Management Team
Teppo Huovila, Vice President Quality and Process Development; Member of the Management Team
Paivi Antola, Vice President Investor Relations & Corporate Communications; Member of the Management Team
Anna Hyvonen, Head of Vianor and Partner Distribution, Member of the Management Team
Tarja Kaipio, Vice President of Human Resources, Member of the Management Team
MSc MSc, Chief Officer

Nokian Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Nokian Tyres 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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Please note, there is a significant difference between Nokian Tyres' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nokian Tyres is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nokian Tyres' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.