Board of Directors
Board Chair
Board Professional
b. 1966, B.Sc. (Business Administration)
Member of the Board since 2020
Chair of the Personnel Committee
Chair of the Strategy Committee
Member of the Audit Committee
Employment history:
- Reckitt Benckiser Scandinavia AS (2004-2008): Managing Director Scandinavia
- Synoptik International Retail (2001-2004): Director of Marketing and Business development
- Procter & Gamble Europe (1998-2001): European Marketing Manager
Board memberships:
- Chairman of the Board: Altia Plc (since 2013), BoConcept AS (since 2016), TCM Group A/S (since 2016), Nordic Pet Care Group AS (since 2012), Babysam AS (since 2008), Isadora AB (since 2019)
- Member of the Board: SAS AB Scandinavian Airlines (since 2013), Harvia Plc (since 2020), Broman Group/Motonet (since 2016)
Deputy Chair
Board Professional
b. 1972, B.sc (econ)
Member of the Board since 2018
Member of the Strategy Committee
Employment history:
- Fiskars, Sweden AB, (2012–2015): Managing Director
- Pocket Shop AB (2010–2012): CEO
- H&M (2008–2010): Global Marketing Director (CMO)
- GANT AB (2005–2008): Managing Director Gant Sweden
Board memberships:
- Chairman of the Board of Directors: Identity Works, Linneverket Group, Red City PR, Rainbow Foundation
- Deputy Chair: Project Soar
- Member of the Board of Directors: Swedavia, Spendrups, Carismar, Abury
Board Member
Board Professional
b. 1960, M.Sc. (Econ.), APA-certificate
Member of the Board since 2020
Chair of the Audit Committee
Employment history:
- KPMG Oy Ab (2001–3/2019): Lead Audit Partner
- KPMG Oy Ab (2016–2018): Chairman of the Board
- KPMG Oy Ab (2010–2016): CEO
- KPMG Oy Ab (2006–2010): Head of Audit, Member of the Group Management Team
- KPMG Oy Ab (2005–2006): Head of Financial Services Group
- KPMG Brazil, Sao Paulo (2003–2005): Transfer as an IFRS Advisor
- KPMG Oy Ab (1987–2003): Various positions in Audit practice
- Corporate accountant, controller, financial analyst roles 1981–1987
Board memberships:
- Chairman of the Board: Brigadeiro Holding Oy (since 2008)
- Member of the Board: Savonlinna Opera Festival (since 2018), Deaconess Foundation (since 2019), Danske Bank A/S, Member of Audit Committee and Remuneration Committee (since 2020)
- Chairman of the Supervisory Board: Jalmari and Rauha Ahokas Medical Foundation (since 2018)
Board Member
Partner
b. 1958, Master of Laws with court training, Master of Laws (Helsinki)
Member of the Board since 2020
Member of the Personnel Committee
Employment history:
- Labour agreements and legal services SOPLA (2020-): partner
- Ministry of Economic Affairs and Employment (2014-2020): Cooperation ombudsman, Cooperation ombudsman’s office
- Labour agreements and legal services SOPLA (2013-2014): partner
- Service Sector Employers PALTA (2011-2013): vice managing director, employment market director, general counsel
- Association of Support Service Industries and the Employer’s Association TIKLI (2004-2011): managing director
- Employers’ Association Allianssi (1998-2003): managing director
- Energy Industries in Finland FINERGY (1997-1998): deputy director
- Finnish Employers’ Central Association STK and Confederation of Finnish Industry and Employers (1986-1997): collaborative agreement agency in the collaborative agreements department
- Employers’ General Team and Food Industry’s Employers’ association (1988): agent (assigned by STK)
- Positions as judge, tax agency and law firm partner 1980-1986
Board Member
HR Director
b. 1961, LL.M (Helsinki University)
Member of the Board since 2020
Member of the Personnel Committee
Employment history:
- Tokmanni Group (since 2016): HR Director and member of the executive team
- ISS Palvelut Oy (2004–2016): HR Director and member of the executive team
- Engel Palvelut Oy (2002–2004): HR manager
- Metropolitan Area Council (today HSY) (1997–2002): Administrative Manager
- Finnish Foreign Trade Law Office Ltd (1995–1997): Legal Counsel
- Union for Municipal Employees, KVL ry (today Jyty ry) (1988–1995): Labour lawyer / Negotiator for Collective Labour Agreements
- Helsinki Municipal Officer´s Union, HKVT ry (1987–1988): Organization Secretary
Board memberships:
- Member of the Board: Helsinki Regional Chamber of Commerce (since 2018), Mäntsälän Yrityskehitys Ltd (since 2017)
Board Professional
b. 1964, Lic.oec. HSG
Member of the Board since 2018
Member of the Audit Committee
Member of the Strategy Committee
Employment history:
- Swiss Post Solutions (2007–2014): CEO
- Swiss Post (2001–2007): Director of Strategic Account Management and Director of Group Sales Committee
Board memberships:
- Member of the Board of Directors: Aletsch Bahnen AG, C-Level Media AG, CR Kommunikation and AG Trendcommerce Group AG
Government Ownership Steering Department, Senior Financial Adviser
b. 1963, M. Sc. (Econ.), CEFA
Member of the Board since 2019
Member of the Personnel Committee
Member of the Audit Committee
Employment history:
- Government Ownership Steering Department (2017–), Senior Financial Adviser Government Ownership Steering Department (2009–2017), Senior Financial Counsellor
- HSH Norbank AG (2004–2008), Client Executive, Structured Corporate Finance (2004-2008)
- HSH Norbank AG (2002–2004), Project Manager, Export and Project Finance (2002-2004)
- Skandinaviska Enskilda Banken AB (1998–2002), Vice President, Export and Project Finance
- Suomen Vientiluotto Oy (1996–1998) Regional Representative, Singapore mission
- Suomen Vientiluotto Oy (1994–1996), Assistant Regional Representative, Hongkong mission
Board memberships:
- Member of the Board: Gasum Ltd
Board Member
Vice President, Strategic Development
b. 1973, M.Sc. (Eng.)
Member of the Board since 2020
Member of the Strategy Committee
Employment history:
- Uponor Corporation (since 2015): Vice President, Strategic Development
- Microsoft Corporation (2014-2015): Director, Strategy, Microsoft Devices Group
- Nokia Corporation (2010-2014): Director, Strategy, Corporate Development
- Nokia Corporation (2009-2010): Director, Operational Development, Devices Quality & Delivery
- Nokia Corporation (2006-2007): Senior Manager; Strategy and Business Analysis, Mobile Devices Business Unit, Enterprise Solutions
- FUSIONONE Inc., San Jose, CA, USA (1999-2005): Director, Business Development
- McKinsey & Company (1998-1999): Consultant
- Nokia Mobile Phones (1997-1998): Channel Logistics Analyst
Employee Representative
b. 1970
Member of the Board since 2020
Employment history:
- Posti Group Corporation (since 2018): National Chief Shop Steward
- Posti Group Corporation (2007-2017): Regional Chief Shop Steward
- Posti Group Corporation (2004-2007): Regional Shop Steward
- Posti Group Corporation (1998-2007): Postal worker
Board memberships
- Chair of the Board: Finnish Post and Logistics Union PAU, 1. Vice-Chairman (2017-)
- Member of Board of Directors: Posti Group Corporation Occupational Well-being Foundation (2017-), Posti Group Corporation Personnel Fund (2013-)
Board of Directors
Posti’s General Meeting elects members of the Board of Directors and appoints its Chair and Deputy Chair. The Board of Directors is composed of six to ten members. The term of office for members of the Board of Directors is one year and it ends at the close of the following Annual General Meeting.
The Board of Directors evaluates its members’ independence on an annual basis, and re-evaluates it as necessary. The Board also conducts an annual self-evaluation of its operations and working methods. According to the evaluation that was made in February 2020, all Board members other than Minna Pajumaa, who has an employment relationship with the Ownership Steering Department of the Prime Minister’s Office, are independent of the shareholders, and based on the Board of Directors’ overall evaluation, all Board members are independent of the company except Pertti Miettinen, who has an employment relationship with a Group company
The duties of Posti’s Board of Directors are determined in the Companies Act and the Articles of Association together with the Board’s Charter and the Decision-Making Policy approved by the Board of Directors.
Audit Committee
The Board of Directors elects 3–4 members to the Audit Committee. The members shall have the qualifications necessary to perform the responsibilities assumed by the Committee, which include, among others:
- oversight and review of the company’s financial reporting system;
- monitoring and review of effectiveness of the internal control systems, internal audit and risk management policies;
- monitoring and review of the related party transactions;
- oversight of the statutory audit as well as consideration of the audit report, possible audit minutes as well as the additional Audit Committee report prepared by the auditor;
- preparing a proposal for appointment of the auditor;
- assessing independence of the auditor and oversight of the additional services offered by the auditor; and
- steering and monitoring activities of the Chief Compliance Office and the Internal Auditor.
Personnel Committee
The Board of Directors elects 3-4 members to the Personnel Committee. The members shall have the qualifications necessary to perform the responsibilities assumed by the Committee, which include, among others:
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- preparation of decisions concerning the appointments and remuneration of the President and CEO and the executive management;
- preparation of the outlines of the group’s remuneration, bonus and incentive schemes, and ensuring that they are fair and competitive; and
- preparation of the remuneration policy and remuneration report.
Strategy Committee
The Board of Directors elects 3-4 members to the Strategy Committee. The members shall have the qualifications necessary to perform the responsibilities assumed by the Committee, which include, among others
- acquisitions or divestments requiring Board’s approval or being otherwise strategically significant;
other significant strategic transactions or measures, including significant changes in the business portfolio, being subject to Board approval;
regular review of the Company’s strategy to the Board; and
proposals for significant amendments to the Company’s strategy or its implementation.