Board of Directors

For more information about a member of the board, click on the photo or name.

The Board of Directors is responsible for the company’s strategic development and for supervising and steering the company’s business and  management. Further, under the Articles of Association and in line with the Companies Act, the Board of Directors represents the company and is responsible for the proper arrangement of the control of the company’s accounts and finances. The Board of Directors is also responsible for defining the company’s mission and values.
 
The Board of Directors comprises five to eight members who are elected at the Annual General Meeting for a one-year term of office expiring at the end of the first Annual General Meeting following the election. The Annual General Meeting also elects the Chairman and the Deputy Chairman of the Board of Directors.
 

Board of Directors in 2016

Until the Annual General Meeting held on 5 April 2016, the Board of Directors comprised the following eight members: Chairman Sari Baldauf, Deputy Chairman Kim Ignatius, Minoo Akhtarzand, Heinz-Werner Binzel, Eva Hamilton, Tapio Kuula, Petteri Taalas and Jyrki Talvitie.
 
The Annual General Meeting on 5 April 2016 re-elected Chairman Sari Baldauf, Deputy Chairman Kim Ignatius, Minoo Akhtarzand, Heinz-Werner Binzel, Eva Hamilton, Tapio Kuula and Jyrki Talvitie, and, in addition, Veli-Matti Reinikkala, was elected as new member to the Board of Directors until the end of the Annual General Meeting in 2017.
 
The Chairman, the Deputy Chairman and the members of the Board of Directors were, with the exception of Tapio Kuula (Mr. Kuula acted as President and CEO of Fortum until 31 January 2015), independent of the company and all were independent of the company’s significant shareholders. Three members, including the Chairman, are female and five members are male.
 
The Board of Directors met 15 times, and the attendance rate was 99%.
 

2/21/2017