CEO of Finnair Topi Manner leaving the company
Aug 18, 2023, 12:04 pm
#1
Original Poster
Join Date: May 2012
Location: GVA (HEL)
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CEO of Finnair Topi Manner leaving the company
Aug 18, 2023, 12:19 pm
#2
Moderator, Finnair
Join Date: May 2011
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Classic move. Make som big changes, leave before the full effects can be seen.
I guess we can anticipate spend based system going live just before march 1...
I guess we can anticipate spend based system going live just before march 1...
Aug 18, 2023, 12:22 pm
#3
Join Date: Oct 2010
Location: Switzerland
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Absolutely atrocious.
Aug 18, 2023, 12:37 pm
#4
Join Date: Nov 2013
Location: HEL
Programs: AY, SK, TK
Posts: 7,628
Nothing new. In Finland we dont have great builder CEOs. We have only great costcutters and managers by prkl and managers by efficiency and scrutiny.
Awesome country for reap and rape companies
Awesome country for reap and rape companies
Aug 18, 2023, 12:38 pm
#5
Join Date: Jan 2006
Location: Helsinki-Vantaa APT, Finland
Programs: AY LUMO
Posts: 6,074
He said adios.
Aug 18, 2023, 1:06 pm
#6
Moderator, Finnair
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Can we expect renumerations to be reduced by 3:2 for going adios?
Aug 18, 2023, 1:14 pm
#7
Join Date: Jul 2010
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What he likely achieved was company survive and become profitable, although that can always be fabricated to make FY bonuses look good, but still, AY still flies.
I'm quite certain he had vision of different Finnair at 100 years and as that is not likely occurring soon, why not downshift in quiet local telco company.
Aug 18, 2023, 3:28 pm
#8
FlyerTalk Evangelist
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Aug 18, 2023, 3:37 pm
#9
Join Date: Jan 2014
Posts: 2,685
Well, in all fairness his tenure in AY definitely did not go as planned. Two crises and contact firefighting with no real light in the end of tunnel (I.e. current strategy is to survive, as growth is almost impossible until Russian airspace opens).
What he likely achieved was company survive and become profitable, although that can always be fabricated to make FY bonuses look good, but still, AY still flies.
I'm quite certain he had vision of different Finnair at 100 years and as that is not likely occurring soon, why not downshift in quiet local telco company.
What he likely achieved was company survive and become profitable, although that can always be fabricated to make FY bonuses look good, but still, AY still flies.
I'm quite certain he had vision of different Finnair at 100 years and as that is not likely occurring soon, why not downshift in quiet local telco company.
Anyway, he made the right moves despite the whining here, and the fact that AY didn't go bankrupt / do another rescue rights issue but posted highest ever quarterly operating profits despite Russian airspace is (partly) a sign of that. As a taxpayer, I can only hope the next CEO continues this, even if it's sometimes not the best as a passenger.
Aug 18, 2023, 3:57 pm
#10
Join Date: Jan 2011
Location: Europe
Posts: 1,526
Mr. Topi you will surely not be missed. I wonder how this guy gets these top positions.. 
Aug 18, 2023, 9:14 pm
#11
Join Date: Aug 2023
Location: West middle lands
Posts: 1
I worked for wallac in Türku love Finland and the people shame the companies get .... on !
Aug 18, 2023, 11:14 pm
#12
Join Date: Feb 2007
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I like CEOs who leave the boat before you realize that the course you have taken was dangerous. Any clown can cut costs, but a company like AY needs a strategy to make profits in the medium and long term. Did Topi also sell all valuable assests? That would fit into the picture.
But my experience tells me it is not getting any better, the customer is simply an annoying and expensive evil. One should get rid of this cost factor quickly. And increase the salaries of the management.
But my experience tells me it is not getting any better, the customer is simply an annoying and expensive evil. One should get rid of this cost factor quickly. And increase the salaries of the management.
Aug 19, 2023, 1:34 am
#13
Join Date: Feb 2001
Location: HEL
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Posts: 961
I wouldn't attribute AY's recent success to him (only), as the whole market is booming. The market situation doesn't only bring in record revenue, it has also enabled AY to lease out their excess capacity. AY is still lacking a long-term strategy.
Aug 19, 2023, 1:38 am
#14
Join Date: Jul 2010
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revenue wise AY is 50% more than Elisa with at least possibility for growth, Elisa has intentionally stayed in comfort zone just churning money so for someone who was planning to conquer the world for AY, Elisa is stay-at-home-dad-move with nice pay. Unless of course now Elisa starts to expand.
Aug 19, 2023, 1:42 am
#15
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