karvinenStora Enso paid Karvinen 2.4 million, Sundström half a million

Summary:
Stora Enso's former CEO Jouko Karvinen was paid EUR 2.37 million last year in salary, bonuses and pension, according to the company's balance sheet, published on Tuesday.
Karvinen's base salary was EUR 655 000. Short and long-term incentive bonuses totaled EUR 1.4 million. Voluntary pension plans cost the company EUR 316 000. Karvinen did not receive a severance payment, because he left the company on his own accord. Karvinen's successor "Kalle" Sundström's annual salary as CEO last year was EUR 384 000. It was paid for five months. The wage per month amounted to just under EUR 77 000. Sundström has received a five per cent wage increase, compared to its predecessor. Sundström received a total of EUR 131 000 in statutory and voluntary pension benefits.