Governing Bodies and Ownership
Posti’s governance model includes the General Meeting with the highest decision-making power, the Board of Directors which is responsible for the proper organization and supervision of operations and the President and CEO who is responsible for operational management. In addition, there is a Supervisory Board.
In Posti, the Finnish State exercises the shareholder’s decision-making power. The State’s direct ownership of Posti Group Corporation is 100 percent, after the Finnish State Business Development Company’s (Vake Oy) holdings in Posti Group Corporation were transferred back to the State of Finland on December 18, 2020.
Posti Group Corporation is classified as a company with market-based operations in which the owner has a strategic interest. The owner's objective is to ensure the best financial performance possible at any given time. Profitability and long-term growth in shareholder value are the key indicators of success in this respect.
List of the group companies (Posti's Financial Review 2020, p. 72)