Petri Niemisvirta - Sampo OYJ President

SAXPY Stock  USD 20.91  0.12  0.57%   

President

Mr. Petri Kalervo Niemisvirta was Member of the Group Executive Committee and Chief Executive Officer of Mandatum Life Insurance Company Limited at Sampo Oyj since 2001. He previously held the positions of Managing Director of Evli Life Ltd, Product Manager of Sampo Life Insurance Company Limited and Life Insurance Sales Manager for Sampo Life Insurance CompanyKaleva Mutual Insurance Company . He has also served as Member of the Board of Directors at BenCo Insurance Holding B.V. in Netherlands since 2009, Chairman of the Board of Alma Media Corporation since 2018 and Chairman of the Board of Kaleva Mutual Insurance Company since 2014 . In addition, he was Member of Finance Finland, Life Insurance Executive Committee Finland Chamber of Commerce and Confederation of Finnish Industries EK, Finance and Tax Commission. He is Member of the Board of Varma Mutual Pension Insurance Company and Topdanmark AS since 2001.
Age 48
Tenure 23 years
Phone358 1051 60100
Webhttps://www.sampo.com
Niemisvirta graduated from Turun Yliopisto with a Master of Legal Letters degree in 1996.

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.
The company has accumulated 4.22 B in total debt with debt to equity ratio (D/E) of 0.37, which is about average as compared to similar companies. Sampo OYJ has a current ratio of 0.66, 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 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.

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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 based in Helsinki, Finland. Sampo Oyj is traded on OTC Exchange in the United States. Sampo OYJ [SAXPY] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Sampo OYJ 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
Anne Brunila, Independent Director
Ingrid Holthe, Head of If Business Area Private, Member of the Executive Committee
Bjorn Wahlroos, Chairman of the Board
John Lapvetelainen, Group CIO, Member of the Executive Committee
Kari Stadigh, Chairman of the Executive Committee, CEO and Presidentident
Johanna Lamminen, Director
Petri LLM, Member Committee
Morten Thorsrud, Group EVP - Head of Business Area Industrial, If P&C Insurance Ltd, Member of the Executive Committee
Peter Johansson, Group CFO and Member of Group Managing Director Committee
Ricard Wennerklint, Group Executive VP, Member of Group Managing Director Committee, Managing Director of If PandC Insurance Ltd (Sweden), Deputy Maning Director of If PandC Insurance Holding, Deputy CEO of If PandC Insurance and Acting Head of Bus. Area Private of If PandC Insurance
Petri Niemisvirta, Head of Life Insurance, Member of Group Managing Director Committee, Managing Director of Mandatum Life Insurance Company Limited and President of Life Insurance
Per Sorlie, Independent Director
Jannica Fagerholm, Independent Director
Fiona Clutterbuck, Director
Adine Axen, Independent Director
Eira PalinLehtinen, Independent Vice Chairperson of the Board
Knut Alsaker, Member of the Executive Committee, CFO of If P&C Insurance
Ivar Martinsen, Group Executive VP and Head of Commercial Bus. Area of If PandC
Jarmo Salonen, Head of Investor Relations and Group Communications
Johan Brjesson, Group HR
VeliMatti Mattila, Independent Director
Sami Taipalus, Head Relations
Christian Clausen, Director
Maria Silander, Media Mang
Torbjorn Magnusson, President and CEO of If P&C Insurance Ltd, Member of the Executive Committee
Risto Murto, Director
Antti Makinen, Director
Adine GrateAxen, Independent Director
Timo Vuorinen, Group EVP, Head of Business Area Baltic and Russia, If P&C Insurance; Managing Director of If P&C Insurance Company Ltd; Member of the Executive Committee

Sampo 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 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.

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Please note, there is a significant difference between Sampo OYJ's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sampo OYJ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sampo OYJ's 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.