Edition:
United States

Metsa Board Oyj (METSA.HE)

METSA.HE on Helsinki Stock Exchange

5.85EUR
26 Sep 2016
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Summary

Name Age Since Current Position

Kari Jordan

60 2005 Chairman of the Board

Mika Joukio

52 2014 Chief Executive Officer, Chairman of the Corporate Management Team

Martti Asunta

61 2008 Vice Chairman of the Board

Markus Holm

49

Ari Kiviranta

53 2015 Senior Vice President, Production and Technology; Member of the Corporate Management Team

Seppo Puotinen

61 2015 Senior Vice President, Marketing and Sales; Member of the Corporate Management Team

Susanna Tainio

41 2015 Senior Vice President, Human Resources; Member of the Corporate Management Team

Sari Pajari

48 2011 Senior Vice President, Business Development; Member of the Corporate Management Team

Mikael Aminoff

65 2010 Director

Kai Korhonen

65 2008 Independent Director

Kirsi Komi

53 2010 Independent Director

Liisa Leino

56 2009 Independent Director

Juha Niemela

70 2007 Independent Director

Veli Sundback

70 2013 Independent Director

Erkki Varis

68 2009 Independent Director

Katri Sundstrom

2015 Vice President, Investor Relations

Biographies

Name Description

Kari Jordan

Mr. Kari Jordan has been Chairman of the Board of Directors of Metsa Board Oyj (formerly M-real Oyj) since 2005. He holds Finnish honorary title (Vuorineuvos). He also chairs the Nomination and Compensation Committee of the Company. Mr. Jordan is President and Chief Executive Officer (CEO) of the Metsa Group (since 2006) and CEO of Metsaliitto Cooperative (since 2004) and Vice Chairman of the Board of the company since 2005. He holds a number of board assignments including Chairman of the Boards of Metsa Tissue Corporation (since 2004) and Metsa Fibre Oy (since 2006 and Member since 2004). He is also Member of the Board of Confederation of Finnish Industries EK since 2005 (Vice Chairman 2009-2011 and 2013-2014) and Member of its Executive Committee since 2015. He has also been Chairman of the Central Chamber of Commerce since 2012 and Member of the Board between 2007 and 2011. In addition, has been Vice Chairman of the Board and Member of the Working Group of Finnish Forest Industries Federation (since 2014 and earlier 2005-2009), and Member of the Board (2012-2013), as well as Chairman of the Board and the Federation’s Working Group (2009-2011). He also served (2006-2012) as Member on the Supervisory Board of Varma Mutual Pension Insurance Company and has been Chairman of the company’s Board (since 2014) and Chairman of Supervisory Board (since 2015) and was its Vice Chairman in 2013. He holds several positions of trust in foundations and non-profit associations. Mr. Jordan has obtained a Master of Science degree in Economics.

Mika Joukio

Mr. Mika Joukio has been appointed Chief Executive Officer and Chairman of the Corporate Management Team of Metsa Board Oyj effective as of October 1, 2014. He joined from Metsa Tissue Corporation where he was CEO from 2012 until 2014. He no longer serves as Member of the Management Team, Deputy Chief Executive Officer, Senior Vice President and Head of Consumer Packaging of M-real Oyj, effective as of February 2012. He has held this position since 2009. He was previously Member of the Management Team, Senior Vice President and Head of Consumer Packaging of the Company since November 2006. He joined the Company’s Management Team in 2006 and started in the Company in 1990. He has held various positions in management and development tasks at Metsa-Serla and M-real since 1990, including positions such as Assistant Production Manager between 1990 and 1996 and Production Manager between 1996 and 2001 at Metsa-Serla Tako Board Mill. He was Vice President and Mill Manager at the M-real Aanekoski Board Mill between 2001 and 2004, Senior Vice President of Corporate Logistics and Supply Chain between 2004 and 2005, Vice President and Mill Manager of M-real Kyro Board and Paper Mill between 2005 and 2006 and Vice President and Mill Manager at M-real Kyro Board and Paper Mill and M-real Tako Board Mill during 2006. He holds a Master of Science degree in Technology and a Master of Business Administration degree.

Martti Asunta

Mr. Martti Asunta has served as Vice Chairman of the Board of Directors of Metsa Board Oyj (formerly M-real Oyj) since 2008. He is also Member of the Company’s Nomination and Compensation Committee. His other Board assignments include Chairman of the Boards positions at Metsaliitto Cooperative (since 2008), Pelelrvo-Media Oy (since 2013) and Pellervo-Seura (since 2010, Member since 2008), as well as Member of the Boards positions at Metsa Fibre Oy (since 2008) and Metsa Tissue Corporation (since 2008). He has also been Member of the Board of Finnish Agri-Agency for Food and Forest Development since 2012 and Chairman of Cooperative Council of Finland since 2013. Mr. Asunta has obtained a Master of Science degree in Forestry. He also holds Metsaneuvos (Finnish honorary title).

Markus Holm

Mr. Markus Holm no longer serves as Chief Financial Officer (CFO) and Member of the Corporate Management Team of Metsa Board Oyj (formerly M-real Oyj), effective as of September 16, 2016. He has held this position since January 1, 2014. He joined Metsa Board from Metsa Tissue Corporation where he has worked as CFO from 2008 to 2013. He joined Metsa Group in 2008. Prior to that, he worked as Finance and ICT Director at GlaxoSmithKline Oy from 2005 until 2008, and in various managerial positions in finance, treasury, global sourcing and investor relations at Huhtamaki Oyj from 1994 until 2004 and in Finland in Brazil from 1999 until 2002. Mr. Holm holds a Master of Science degree in Economics.

Ari Kiviranta

Mr. Ari Kiviranta has been appointed Senior Vice President, Production and Technology at Metsa Board Oyj, effective as of January 1, 2015. He has been Member of the Corporate Management Team of the Company since January 1, 2014. He no longer serves as Senior Vice President, Head of Cartonboard Business Area at Metsa Board Oyj, effective as of January 1, 2015. He has held this position since January 1, 2014. He worked in Metsa-Serla (present Metsa Board) from 1993 until 1995 and re-joined in 1999. His latest position was Managing Director and Vice President, Mill Manager at Metsa Board Zanders GmbH (2012-2013). He has earlier also held the positions of Vice President, R&D, Consumer Packaging Business area (2008-2012) and mill manager, M-real Kyro and M-real Tako (2009-2010) at M-real Corporation. He was Head of Production at M-real Zanders GmbH (2004-2008); Vice President, R&D at M-real Corporation (2001-2004); Manager, Process Development at Metsa-Seria Corporation (1999-2001); Manager, Product Development at Valmet Corporation (1997-1999) and USA, Manager, R&D at Valmet Corporation (1995-1997) as well as Development Manager at Metsa-Seria Paper and Board Ltd. (1993-1995). He holds a Doctorate of Science in Technology.

Seppo Puotinen

Mr. Seppo Puotinen has been appointed Senior Vice President, Marketing and Sales at Metsa Board Oyj, effective as of January 1, 2015. He has been Member of the Corporate Management Team of the Company since January 1, 2014. He no longer serves as Senior Vice President, Head of Linerboard and Paper Business Area at Metsa Board Oyj, effective as of January 1, 2015. He has held this position since January 1, 2014. Before that, he has been Senior Vice President, Head of Paper and Pulp business area, and Member of the Corporate Management Board of Metsa Board Oyj (formerly M-real Oyj) since 2005. He also served as Vice President and Mill Manager at Metsa Board Husum from 2009 until 2014. Mr. Puotinen worked for Metsa-Serla Corporation (currently Metsa Board Corp) between 1986 and 2000, and held various positions in business development, marketing and operational responsibility, including Vice President, Cartons Division, Corrugated and Folding Carton operations (1986-1999). He rejoined the Company in October 2004 as Executive Vice President, Corporate Strategy & Sales Services, a position he held until 2005. In the meantime, he was Managing Director, Finland, Russia and the Baltic Countries at SCA Packaging Finland Oy (2000-2002) and President of SCA’s Containerboard Division (2002-2004). Mr. Puotinen holds a Licentiate degree in Technology.

Susanna Tainio

Ms. Susanna Tainio has been Senior Vice President, Human Resources and Member of the Corporate Management Team at Metsa Board Oyj since January 1, 2015. She was previously Vice President, Human Resources at the Company from 2012 until 2014. She also served as VP, Human Resources Paperboard business area, and Group HRD Services at Metsa Group (2012). She was VP, Human Resources, Consumer Packaging business area (2011-2012). She was previously Head of HR Development at Oy Sinebrychoff Ab (2011) and HR Development Manager at the company (2007-2011). She holds Phil. Lic. (Comm) degree.

Sari Pajari

Ms. Sari Pajari has been Senior Vice President, Business Development and Member of the Corproate Management Team of Metsa Board Oyj (formerly M-real Oyj) since April 1, 2011. She joined Metsa Group in 2007 as Director, Group ICT at Metsaliitto Group (2007-2009) and was later on appointed its CIO, Senior Vice President (2009-2011). Prior to that, Ms. Pajari was Principal Consultant and Business Development Executive at IBM Corporation (2002-2007). In the past, she also served as Principal Consultant at PwC Management Consulting (2000-2002) and held various positions (Consultant, Senior Consultant, Vice President) at Jaakko Poyry Consulting in Finland and the United States (1990-2000). She has been Member of the Board of Directors of Tieto Corporation since 2012. Ms. Pajari holds a Master of Science degree in Technology.

Mikael Aminoff

Mr. Mikael Aminoff has been Member of the Board of Directors of Metsa Board Oyj (formerly M-real Oyj) since 2010. He also serves as Member of the Company’s Nomination and Compensation Committee. His other board assignments include Member of the Board of Directors position at Metsaliitto Cooperative (since 2008) and Member of the Supervisory Board position at Metsaliitto Cooperative (since 2001). Mr. Aminoff is Agriculture and Forestry entrepreneur. He holds a Master of Science degree in Forestry.

Kai Korhonen

Mr. Kai Korhonen has served as Independent Member of the Board of Directors of Metsa Board Oyj (formerly M-real Oyj) since 2008. He also serves as Chairman of the Company’s Audit Committee. Mr. Korhonen is a former Senior Executive Vice President of Stora Enso Oyj (1998-2007). In the past, he also served as Member of the Supervisory Board of Ilmarinen Mutual Pension Insurance Company (2006-2008) and as Vice Chairman of the Board of Finnish Forest Industries Federation (2006-2007). He was also Member of the Board of American Forest & Paper Association (2000-2003) and Member of the Board of German Pulp and Paper Association (1995-2000). He holds a Master of Science degree in Engineering and an Executive Master of Business Administration degree.

Kirsi Komi

Ms. Kirsi Komi has been Independent Member of the Board of Directors of Metsa Board Oyj (formerly M-real Oyj) since 2010. She also serves as Member of the Company’s Auditing Committee. Ms. Komi is a former General Counsel and Member of the Executive Board of Nokia Siemens Networks (2007-2010). Prior to that, she was Vice President, Legal, at Nokia Corporation, and served as Member of its Networks Business Group (NET) Leadership Team and other NET senior management forums (1999-2007). She was also Legal Counsel at Nokia Corporation (1992-1999). Ms. Komi chairs the Board of Finnish Red Cross Blood Service (since 2011) and she has been Member of the Board since 2010. Apart from this, she is Vice Chairman of the Board of Patria Plc (since 2011) and Member of the Board of Citycon Oyj (since 2011) and Chairman of the Board of Docrates Oy (since 2011). She has also served as Member of the Boards of Martela Corporation and Finnvera Oyj since 2013, as well as Bittium Oyj since 2015. She holds a Master of Laws degree.

Liisa Leino

Ms. Liisa Leino has been Independent Member of the Board of Directors of Metsa Board Oyj (formerly M-real Oyj) since 2009. She also serves as Member of the Company’s Nomination and Compensation Committee. Ms. Leino is Chief Executive Officer (since 2011) and full-time Chairman of the Board (since 2006) of Leinovalu Oy. Apart from that, she holds a number of directorships and has served as Member of the Boards of The Federation of Finnish Technology Industries (since 2011), Cadmatic Oy (since 2015) and Elomatic Oy (since 2011). She is also Supervisory Board Member of Finnish Business and Policy Forum EVA (since 2010) and serves as Deputy Member of the Board of Varma Mutual Pension Insurance Company (since 2011). She was previously Member of the Boards of Confederation of Finnish Industries EK (2011-2012), Rautaruukki Corporation (2007-2014) and Alko Oy (2009-2011). Ms. Leino holds a Master of Science degree in Nutrition. She also holds Finnish honorary title, Teollisuusneuvos.

Juha Niemela

Mr. Juha Antti Niemela has been Independent Member of the Board of Directors of Metsa Board Oyj (formerly M-real Oyj) since March 13, 2007. He also serves as Member of the Company’s Nomination and Compensation Committee. Mr. Niemela is a former Chief Executive Officer of UPM-Kymmene Corporation (1996-2004). His most recent board assignments include Chairman of the Board of Green Resources AS (2009-2015) and Veikkaus Oy (2001-2011), as well as Member of the Board of Powerflute Oyj (2005-2013). He was also Member of the Board of MeritaNordbanken Plc (1998-1999). Mr. Niemela has obtained a Master of Science degree in Economics and a Doctorate of Sciences h.c. degree in Economics and Technology. He also holds Finnish honorary title, Vuorineuvos.

Veli Sundback

Mr. Veli Sundback has served as Independent Member of the Board of Directors of Metsa Board Oyj since March 26, 2013. He is Member of the Audit Committee. He holds a Master of Laws degree. Previously, he served at Nokia Corporation as Member of the Executive Board, Executive Vice President, Corporate Relations and Responsibility (1996-2008), at the Ministry for Foreign Affairs as Secretary of State (1993-1996), held various positions in the Ministry for Foreign Affairs, diplomatic offices in Brussels and Geneva (1969-1993). He has served on the Boards of Directors of Vaaka Partners, as Chairman of the Board (since 2010), IYF as Member of the Board (2009-2014), Finnair Plc as member of the Board (2004-2012), Huhtamaki Oyj as Chairman of the Board (1999-2005), Confederation of Finnish Industries (EK) as Member of the Board (2004-2008) and The Federation of Finnish Technology Industries as Member and Vice Chairman of the Board (2004-2007). He is Ambassador.

Erkki Varis

Mr. Erkki Varis has been Independent Member of the Board of Directors of Metsa Board Oyj (formerly M-real Oyj) since 2009. He also serves as Member of the Company’s Audit Committee. Mr. Varis is a former President and Chief Executive Officer (CEO) of Oy Metsa-Botnia Ab (1997-2008). In the past, he also served as Member of the Metsaliitto Group Executive Management Team (2002-2008), Managing Director of Oy Metsa-Rauma Ab (1994-1996) and Deputy to CEO of Oy Metsa-Botnia Ab (1990-1994). He was also Member of the Board of Pohjolan Voima Oy (2000-2009) and Chairman of the Board of Botnia SA (Uruguay) from 2005 until 2008. Mr. Varis holds a Master of Science degree in Engineering.

Katri Sundstrom

Basic Compensation