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Matti Lievonen Chairman |
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Main occupation: Non-executive Director Primary work experience: President & CEO, Neste Corporation 2008-2018; President of the Fine and Speciality Papers Division at UPM-Kymmene Corporation and number of other senior positions at UPM 1986–2008 and prior to that at ABB, Member of UPM-Kymmene's Executive Board 2002–2008 Key positions of trust: Member of the Board of European Business Leaders' Convention and Solvay SA; Member of the Supervisory Board of Suomen Messut Osuuskunta and the Finnish Business and Policy Forum (EVA) |
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Klaus-Dieter Maubach Deputy Chairman |
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Main occupation: Managing Partner, maubach.icp GmbH Primary working experience: CEO of Encavis AG (former Capital Stage AG) 2015-2016; Member of the Management Board and CTO of E.ON SE 2010-2013; CEO of E.ON Energie AG 2007-2010 and Member of the Management Board 2006-2007; CEO of Avacon AG 2003-2006 and Member of the Management Board 2001-2003; CEO and Member of the German Executive Committee of Fortum Group in Elektrizitätswerk Wesertal GmbH 2000-2001, Managing Director 1998-2000 and Corporate head of department 1998; Head of technical planning of Energieversorgung Offenbach AG 1996-1998 and Head of dispatching centre 1995-1996; Research assistant, head of system optimization at University of Wuppertal 1989-1994 Key positions of trust: Chairman of the Supervisory Board of Klöpfer & Königer GmbH & Co KG; Member of the Supervisory Board of ABB Deutschland AG and Encavis AG; Member of the Board of Directors of Axpo Power AG; Chairman of the Advisory Board and shareholder of SUMTEQ GmbH |
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Heinz-Werner Binzel Born 1954, nationality: German
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Main occupation: Independent consultant Primary work experience: Member of the Executive Board, procurement and sale of electricity, gas, and water of RWE Energy AG 2003–2005; CFO of RWE Solutions AG 1999–2002, CEO in 2002–2003, and Member of the Executive Board 1999-2003; several senior executive positions in Germany and the USA with NUKEM GmbH 1981–1999 Key positions of trust: Member of the Supervisory Board and Chairman of the Audit Committee of TÜV Rheinland Holding AG |
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Eva Hamilton Born 1954, nationality: Swedish |
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Main occupation: Independent consultant Primary work experience: CEO of Sveriges Television (SVT) 2006–2014, Head of SVT Fiction 2004–2006, Head of SVT News 2000–2004, and Head of Foreign Correspondent in Brussels 1993–1996; News Reporter at Aftonbladet 1978–1979, Svenska Dagbladet 1979–1988 and Dagens Industri 1988–1989 Key positions of trust: Chairman of the Board of Nexiko Media AB; Member of the Board of Kungliga Dramatiska Teatern AB, LKAB, Stockmanngroup, IVA (Royal Swedish Academy of Engineering) and Arholma Landsort AB; Chairman of Näringslivsrådet and Swedish Film & TV Producers Association |
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Kim Ignatius Born 1956, nationality: Finnish Independent member of Fortum's Board of Directors since 2012
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Main occupation: Non-executive Director Primary working experience: Chief Financial Officer in 2008-2016 and Executive Vice President in 2017 of Sanoma Corporation; Executive Vice President and CFO of TeliaSonera AB 2003–2008; Executive Vice President and CFO of Sonera Oyj 2000–2002; Group CFO of Tamro Oyj 1997–2000 Key positions of trust: Member of the Board and Chairman of Audit and Remuneration Committees of Rovio Entertainment Corporation |
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Essimari Kairisto Born 1966, Finnish and German citizen
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Main occupation: Independent consultant Primary working experience: Member of the Executive Board/CFO in 2013-2016 at Hochtief Solution AG; General Manager Finance/CFO of Sasol O&S Group International 2008-2013; Managing Director and CFO of Sasol Germany GmbH 2007-2013; Managing Director/CFO of Lahmeyer International GmbH 2004-2007; Head of Special Purpose Controlling of RWE Solutions AG 2003-2004; Head of Commercial Services Infrastructure Management of RWE Solutions AG & RWE Industrie-Lösungen GmbH 2002-2003; several management positions in Germany, Norway and US at Schlumberger Konzern 1995-2001 Key positions of trust: Member of the Supervisory Board, the Board of Partners, and the Audit Committee of Freudenberg Global Technology Group |
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Anja McAlister Born 1960, nationality: Finnish |
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Main occupation: Independent consultant Primary work experience: Executive Vice President, Head of Strategy, Transformation, and HR of Pöyry PLC in 2017 and President of Energy Business Group in 2015–2017; Vice President at Pöyry Management Consulting Oy 2014–2015; Managing Director of Renewa Oy 2013; Senior Vice president, Head of Energy Business at UPM Group 2004–2013; Senior Vice President, Head of the Management Consulting Northern Europe of Electrowatt-Ekono Oy (part of the Pöyry Group) 2000–2004; Industrial Counsellor, Head of Energy Policy and Analyses team of Ministry of Trade and Industry, Finland 1998–2000; Operations Manager and Managing Director of Kymppivoima Oy 1995–1998; Senior Consultant at Energia-Ekono Oy 1993–1995; Technical Manager at Sheffield Heat and Power Ltd., UK 1990–1993; Operations Manager of MW biomass CHP plant of City of Kuopio, Finland 1984–1989 |
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Veli-Matti Reinikkala Born 1957, nationality: Finnish |
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Main occupation: Non-executive Director Primary work experience: President of Region Europe in 2015 and Member of the Group Executive Committee of ABB Group in 2006–2015, President of the Process Automation division in 2006–2014, Head of Business Area Process Automation in 2005; Manager of Automation Technologies Division at ABB China 2003–2004; Business Area Manager of ABB Drives & Power Electronics 2002; Manager at ABB Drives 1996–2002; CFO of ABB Industry Oy 1994–1996; various positions in paper and packaging companies in Finland before 1994 Key positions of trust: Chairman of the Board of Cramo Plc, Member of the Board of UPM-Kymmene Corporation |
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Board of Directors
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 ten 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.
Assesment
As part of its duties, the Board of Directors conducts an annual self-assessment in order to further develop its work. In accordance with the Finnish Corporate Governance Code, the Board of Directors also annually evaluates which of the directors are independent of the company and which are independent of its significant shareholders.
Board of Directors in 2018
The Annual General Meeting on 28 March 2018 re-elected Matti Lievonen as Chairman, Kim Ignatius, Heinz-Werner Binzel, Eva Hamilton, Anja McAlister, and Veli-Matti Reinikkala. In addition, Klaus-Dieter Maubach was elected as new Deputy Chairman and Essimari Kairisto as new member to the Board of Directors until the end of the Annual General Meeting in 2019.
The Chairman, the Deputy Chairman and the members of the Board of Directors are independent of the company and of the company’s significant shareholders.