Board of Directors

Sanna Suvanto-Harsaae

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)

Per Sjödell

Deputy Chair
b. 1972, B.sc (econ)

Member of the Board since 2018
Member of the Strategy Committee

Employment history:

Red City PR (since 2015): Chairman of the Board of Directors
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:

Founder and Chairman of the Board of Directors: Red City PR SARL
Chairman of the Board of Directors: Nordic Morning Oy
Chairman of the Board of Directors: Identity Works AB
Member of the Board of Directors: Project Soar NGO
Member of the Board of Directors: Abury Collection
Member of the Board of Directors: TeenZapp Ltd
Founder: TEDx Marrakesh

Per Sjödell

Raija-Leena Hankonen

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)

Harri Hietala

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

Sirpa Huuskonen

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)

Frank Marthaler

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

Pertti Miettinen

Employee Representative
b. 1968

Member of the Board since 2018

Employment history:

Posti Group Corporation (since 2015): National Chief Shop Steward
Finnish Post and Logistics Union PAU (2002–2015): Working Conditions Specialist
Posti Group Corporation (1995–2002): Postal Worker

Pertti Miettinen

Minna Pajumaa

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

Hanna Vuorela

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

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.

Members of the Board of Directors will receive a monthly remuneration and a meeting fee as follows: The Chairman of the Board of Directors is paid EUR 3,650, Deputy Chair of the Board of Directors EUR 2,350 and members of the Board of Directors are each paid EUR 2,100. A meeting attendance fee of EUR 600 per meeting is paid to all Members of the Board of Directors, and the meeting fee will be paid in double for the Board members residing outside Finland. No Board remuneration will be paid for the member of the Board of Directors employed by Posti Group.

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:

- 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;
- preparation of the remuneration policy and remuneration report;
- follow up of the group’s people strategy; and
- consideration of the competences required by the Board in its work and assistance in preparing nomination suggestions for Board of Directors’ members.

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.

Board of Directors

See Also