Board of Directors and its Committees

Board of Directors

Markku Pohjola

Chair
b. 1948, B.Sc. (Econ.)

Member of the Board since 2017.

Chair of the Personnel Committee.

Employment history:

Previously held several executive positions in Nordea and its predecessor banks in 1972–2008, most recently CEO of Nordea Bank of Finland and Deputy Group CEO of Nordea
Partner: Boardman Ltd
Active entrepreneur in forestry

Board memberships:

Chair of the Board: Koskitukki Oy, Koskisen Oy, Rangunkorpi Oy
Member of the Board and Chair of the Remuneration Committee: Onvest Ltd
Member of the Board: Financial Supervisory Authority (FIN-FSA)

Suvi-Anne Siimes

Deputy Chair

Managing Director, Finnish Pension Alliance TELA
b. 1963, Licentiate of Political Science, (Econ.)

Member of the Board since 2013.

Member of the Personnel Committee.

Employment history:

Finnish Pension Alliance TELA (since 2011): Managing Director
Pharma Industry Finland (2007–2011): Managing Director
Finnish Co-operative for Pharmaceutical Injury Indemnities (2010–2011): Managing Director
Several positions in European organizations in the pharmaceutical sector (2007–2011)
Member of Parliament (1998–2007)
Left Alliance (1998–2006): Chair

Board memberships:

Member of the Board: Yrjö Jahnsson Foundation
Delegation member: Institutum Romanum Finlandiae Foundation

Suvi-Anne Siimes

Eero Hautaniemi

b. 1965, M. Sc. (Econ.)

Member of the Board since 2017.

Member of the Audit Committee.

Employment history:

Oriola-KD Corporation (2006–2017): President and CEO
GE Healthcare Finland Oy (2004–2005): President
GE Healthcare IT (2003–2004): General Manager and Vice President of Oximetry, Supplies and Accessories business area
Instrumentarium Corporation: Various positions in financial and business management in Finland and in the United States

Petri Järvinen

Chief Supply Chain Officer
Vapo Group
b. 1964, M.Sc. (Tech.)

Member of the Board since 2014.

Member of the Audit Committee.

Employment history:

Vapo Group (since 2018): Chief Supply Chain Officer
Coop Sverige (2016-2018): Executive Director, Supply Chain, Logistics and Quality
Mölnlycke Health Care (2013–2016): Global Supply Chain Planning Director
Nokia (2007–2013): Global Supply Chain Development Director roles
Unilever (1996–2006): several Director roles in European Supply Chain
Unilever Finland (1993–1995): Logistics Manager
Kymmene Corporation (1990–1993): Logistics Development Manager

Petri Järvinen

Frank Marthaler

Board Professional
b. 1964, Lic.oec. HSG

Member of the Board since 2018.

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: Trendcommerce Group
Member of the Board of Directors: C-Level Media
Member of the Board of Directors: Aletsch Bahnen

Frank Marthaler

Pertti Miettinen

National Chief Shop Steward of Posti Group Corporation, Finnish Post and Logistics Union PAU (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

Marja Pokela

Senior Financial Specialist, Government Ownership Steering Department
b. 1955, BBA, M.Sc. (Adm.)

Member of the Board since 2014.

Member of the Audit Committee.

Employment history:

Prime Minister’s Office, Government Ownership Steering Department (since 2007): Senior Financial Specialist
Ministry of Transport and Communications (2006–2007): Senior Administrative Officer
Tax Office for Major Corporations (2001–2006): Tax Inspector
Hackman Oyj / Designor Oy Ab (1999–2001): Financial Manager
Marimekko Oyj (1997–1999): CFO
Valtameri Osakeyhtiö (1988–1997): Financial Manager

Board memberships:

Member of the Board: Tapio Oy

Marja Pokela

Per Sjödell

Board Professional
b. 1972, B.sc (econ)

Member of the Board since 2018.

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:

Chairman of the Board of Directors: Nordic Morning Oy
Chairman of the Board of Directors: Lyko Group AB
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

Per Sjödell

Arja Talma

Board Professional
b. 1962, MSc (Econ.), eMBA

Member of the Board since 2016.

Chair of the Audit Committee.

Employment history:

Kesko Corporation (2013–2015), Senior Vice President, Store Sites and Investments
Rautakesko Ltd (2011–2013), President
Kesko Corporation (2005–2011), Senior Vice President, Chief Financial Officer
Kesko Corporation (2004–2005), Vice President, Corporate Controller
Oy Radiolinja Ab (2001–2003), Executive Vice President

Board memberships

Chair of the Board: Serena Properties AB
Chair of the Board: Onvest Oy
Member of Board of Directors: Aktia Bank Plc, Metso Corporation, Mehiläinen Llc and Verkkokauppa.com

Arja Talma

The duties of Posti Group Corporation's Board of Directors are specified in the Companies Act, the Articles of Association, and the Guidelines for Decision Making approved by the Board of Directors. According to these documents, the Board is responsible for controlling and supervising senior management, appointing and dismissing the CEO, approving the company's strategic goals and risk management principles, and ensuring the performance of the company's management system. The Board has adopted written rules and procedures which lay out the Board's key responsibilities and working principles.

Posti Group Corporation's Annual General Meeting appoints the members of the Board of Directors and elects the Chair and Deputy Chair. The Board has between five and nine members. The members are elected for a one-year period at a time. The terms of office end at the close of the AGM following their election.

The Board of Directors evaluates its performance and working methods on an annual basis. It also assesses the performance and working methods of the CEO.

Audit Committee

The Board of Directors elects a minimum of three and a maximum of four of its members to the Audit Committee. The members have the qualifications necessary to perform the responsibilities assumed by Committee, the duties of which include:

the preparation, control, review, and assessment of risk management policies, internal control systems and
internal audit;
organizing financial reporting and auditing;
examining financial statements with the auditors before submitting them for review to the Board of Directors;
submitting a proposal concerning the appointment of the auditor;
assessing the independence of the auditor and the additional services offered by the auditor;
steering and monitoring the activities of the Compliance Officer.

Members of the Audit Committee in 2018 are Arja Talma (Chair), Eero Hautaniemi, Frank Marthaler and Marja Pokela.

Personnel Committee

The Board of Directors elects a minimum of three and a maximum of four of its members to the Personnel Committee (previously the Remuneration and Nomination Committee). The members have the qualifications necessary to perform the responsibilities assumed by the Committee, the duties of which include:

preparation of decisions concerning the appointments and remuneration of executive management;
preparation of the outlines for the remuneration, bonus, and incentive schemes and ensuring that they are fair and competitive;
preparation of the outlines of the group’s remuneration, bonus and incentive schemes;
follow up of the group’s people strategy;
discusses the competences required by the Board in its work and assists in preparing nomination suggestions for Board of Directors’ members.

Members of the Personnel Committee in 2018 are Markku Pohjola (Chair), Petri Järvinen, Suvi-Anne Siimes and Per Sjödell.

Board of Directors and its Committees