People: Vacon Oyj (VAC1V.BE)
VAC1V.BE on Berlin Stock Exchange
52.23EUR
23 May 2013
52.23EUR
23 May 2013
Price Change (% chg)
€-0.10 (-0.19%)
€-0.10 (-0.19%)
Prev Close
€54.23
€54.23
Open
€52.23
€52.23
Day's High
€52.23
€52.23
Day's Low
€52.23
€52.23
Volume
--
--
Avg. Vol
0
0
52-wk High
€54.50
€54.50
52-wk Low
€31.51
€31.51
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Panu Routila |
49 | 2013 | Chairman of the Board |
Vesa Laisi |
56 | Chief Executive Officer, President, Chairman of the Executive Management Team | |
Heikki Hiltunen |
51 | 2012 | Deputy Chief Executive Officer, Executive Vice President Market Operations, Member of Executive Management Team |
Mika Vehvilainen |
52 | 2012 | Vice Chairman of the Board |
Pia Aaltonen-Forsell |
39 | 2013 | Chief Financial Officer, Member of the Executive Management Team |
Jukka Kasi |
47 | 2012 | Executive Vice President Product Operations, Executive Management Team |
Tuula Hautamaki |
49 | 2012 | Senior Vice President of Human Resources, Member of Executive Management Team |
Sebastian Linko |
39 | 2012 | Secretary of Executive Management Team, Director, Corporate Communications and IR |
Jaana Klinga |
2013 | Secretary to the Board | |
Pekka Ahlqvist |
67 | 2004 | Director |
Jari Eklund |
50 | 2001 | Director |
Jan Inborr |
65 | 2013 | Director |
Juha Kytola |
49 | 2010 | Director |
Riitta Viitala |
54 | 2008 | Director |
Biographies
| Name | Description |
|---|---|
Panu Routila |
Mr. Panu Routila has served as Chairman of the Board of Directors of Vacon Oyj since March 26, 2013. He has been Member of the Company's Board since 2010. He is President and Chief Executive Officer of Ahlstrom Capital Oy. He has served as Chairman of the Company's Audit Committee. Earlier in his carrier, he served as Managing Director of Alteams Oy, a Kuusakoski Group company from 2002 to 2007, and as Director of Outokumpu Copper's Drawn Products division from 1995 to 2002. He also held various managerial positions at Partek from 1986 to 1995. Mr. Routila is Chairman of the Board of Directors of Enics AG, Elbi Elektrik and AC Cleantech Management Oy. In addition, he serves as Member of the Board of Directors of A&R Carton AB and Ripasso Energy AB. He holds a Master of Science degree in Economics. |
Vesa Laisi |
Mr. Vesa Laisi serves Chief Executive Officer, President and Chairman of the Executive Management Team of Vacon Oyj. He was appointed President of the Company on July 1, 2002. He has been Chairman of the Company's Executive Management Team since 2002. Prior to that, he was Director, Sales and Marketing of Vaisala Corporation (from 2000 to 2002). He also held managerial positions at ABB Industry Oy, including Vice President (from 1995 to 2000), Profit Center Manager (from 1993 to 1995) and Director of Sales and Marketing (from 1988 to 1993). Earlier in his carrier, he was Product Engineer at Stromberg UK Ltd (between 1986 and 1988) and Development Engineer at Stromberg Electronics factory (from 1982 to 1986). Mr. Laisi is Chairman of the Board of Directors of Finnfacts and serves on the Board of The Federation of Finnish Technology Industries, The Switch Engineering Oy and VNT Management Oy. He holds Master of Science degrees in Engineering and Economics. |
Heikki Hiltunen |
Mr. Heikki Hiltunen has served as Executive Vice President of Market Operations of Vacon Oyj since January 5, 2012. He has also been Member of the Company’s Executive Management Team since 2002 and Deputy to Chief Executive Officer of the Company since 2009. He was Executive Vice President of Products and Markets at Vacon Oyj from 2006 until January 5, 2012. He joined Vacon Oyj in 2002. Prior to that, he was Managing Director of Tellabs Oy and Vice President & General Manager for Europe, the Middle East, and Africa (EMEA) of Tellabs International (from 2000 to 2002). Earlier in his carrier, he served as Sales, Marketing and Research & Development Director at Honeywell Industrial Automation in Finland, the United States and Germany (from 1992 to 2000), and held various positions in Project, Research & Development and Product Marketing at Ahlstrom Automation Oy (between 1986 and 1992). Mr. Hiltunen serves as Member of the Board of Directors of Exel Composites Plc and Chairman of Hockey-Team Vaasan Sport Oy. He holds a Bachelor of Science degree in Engineering. |
Mika Vehvilainen |
Mr. Mika Vehvilainen has served as Vice Chairman of the Board of Directors at Vacon Oyj since March 27, 2012 and as Member of the Board of Directors in the Company since 2009. He also serves as Member of the Company's Remuneration and Nomination Committee. Mr. Vehvilainen is Chief Executive Officer of Finnair Oyj. Prior to this, he was Chief Operating Officer of Nokia Siemens Networks. In the past, he has held several management positions in sales, marketing, strategy, and business development with Nokia in Asia, North America, and Europe since 1991. Mr. Vehvilainen serves on the Boards of Ilmarinen Mutual Pension Insurance Company. He is also Member of the Supervisory Board of The Finnish Fair Corporation and Member of the Board of Directors of Service Sector Employers PALTA ry. He holds a Master of Science degree in Economics. |
Pia Aaltonen-Forsell |
Ms. Pia Aaltonen-Forsell has been appointed Chief Financial Officer and Member of the Executive Management Team of Vacon Oyj, effective as of no later than May 1, 2013. She joined the Company from Stora Enso, where she has held several managing positions in finance and control including Senior Vice President (SVP) Group Controller, and her latest position as SVP Finance, Information Technology (IT) and Mergers & Acquisitions, Building and Living Business Area. She holds a Master's degree in Social Sciences. |
Jukka Kasi |
Mr. Jukka Kasi has served as Executive Vice President Product Operations of Vacon Oyj since January 5, 2012. He has also been Member of the Company’s Executive Management Team since 1997. He was Vice President of Corporate Development in the Company from January 12, 2009 until January 5, 2012. He is also Vice President of Vacon Drives Finland. He was also Managing Director of Vacon Suzhou Drives Co. Ltd (from 2006 to 2008). He joined the Company in 1997 and held such positions as Vice President, Component Customers (from 2003 to 2006) and Vice President, Research & Development (from 1999 to 2003), among others. Earlier in his carrier he was employed by the ABB Group and served as Product Development Manager at ABB Transmit Oy (from 1996 to 1997), Project Manager at ABB Power (from 1994 to 1996) and Product Designer at ABB Small AC drives (from 1990 to 1992). Mr. Kasi holds a Master of Science degree in Engineering. |
Tuula Hautamaki |
Ms. Tuula Hautamaki has served as Senior Vice President of Human Resources of Vacon Oyj since January 5, 2012. She has also been Member of the Company's Executive Management Team since 2000. She was Vice President of Human Resources, Information Technology and Process Development of the Company from January 1, 2004 until January 5, 2012. She also served as Vice President of Process Development of the Company between 2000 and January 1, 2004. Ms. Hautamaki joined Vacon in 2000. Previously, she served as Process Development Manager at ABB Substation Automation Oy (from 1996 to 2000), Quality Manager at ABB Transmit Oy (from 1994 to 1996), Product Manager at ABB Power Oy (from 1991 to 1994) and Design Engineer at ABB Voimansiirto Oy (from 1989 to 1991). She holds Master of Science degrees in Economics and Engineering. |
Sebastian Linko |
Mr. Sebastian Linko has served as Secretary of Executive Management Team and Director of Corporate Communications and Investor Relations at Vacon Oyj since January 5, 2012. He has been employed by the Company since 2008. He previously was Director, Corporate Communications at Enfo Plc (from 2002 to 2008), Communications Consultant at Communications Agency Sanakunta Ltd (from 2000 to 2002), Journalist at Newspaper Turun Sanomat (2001) and Communications Trainee at Eurofacts Ltd (2001). He holds a Masters degree in Political Science. |
Jaana Klinga |
Ms. Jaana Klinga has been appointed Secretary to the Board at Vacon Oyj effective from January 1, 2013. She was previously General Counsel at the Company from 2011. |
Pekka Ahlqvist |
Mr. Pekka Ahlqvist has served as Member of the Board of Directors of Vacon Oyj since 2004. During the course of his carrier, he spent several years with Wartsila Corporation and held such positions as Vice President, Automation from 2006 to 2007, Vice President, Power Plants from 2001 to 2006 and President of Wartsila NSD Finland Oy from 1999 to 2001. He also worked for ABB Group in Finland, China, and Thailand between 1987 and 1999 and has held managerial positions at Oy Kymi- Stromberg Ab, Instrumentarium Oy, Oy Stromberg Ab and Teollisuussaato Oy between 1972 and 1986. Mr. Ahlqvist serves as Member of the Board of Directors of Pemamek Oy. He holds a Master of Science degree in Engineering and a Master of Business Administration degree. |
Jari Eklund |
Mr. Jari Eklund has served as Member of the Board of Directors of Vacon Oyj since 2001. He was also Member of the Company's Remuneration and Nomination Committee until March 27, 2012, when he became Member of the Audit Committee. Mr. Eklund serves as Investment Director at Tapiola Insurance Group. He joined the Tapiola Group in 1993. Prior to that, he was Research Manager at Kansallis-Osake-Pankki from 1988 to 1993 and served as Assistant at University of Vaasa from 1987 to 1988. Mr. Eklund is Member of the Board of Directors of Seligson & Co Oyj and is Deputy Member of the Board at Mortgage Society of Finland, and Member of the Supervisory Board of Ilkka-Yhtyma Oyj. He holds a Master of Science degree in Economics. |
Jan Inborr |
Mr. Jan Inborr has served as Member of the Board of Directors of Vacon Oyj since 2002. He was Chairman of the Company's Board until March 26, 2013. He has also served as Chairman of the Remuneration and Nomination Committee of the Company. In addition, he serves as Chief Executive Officer of Soldino Oy. Previously, he held various positions within the Ahlstrom companies between 1972 and 2008. Mr. Inborr serves as Chairman of the Board of Directors of Antti Ahlstromin Perilliset Oy and Member of the Boards of Enics AG, BaseN Oy, Mervento Oy and Webforum Europe Ab. He holds a Bachelor of Science degree in Economics. |
Juha Kytola |
Mr. Juha Kytola has served as Member of the Board of Directors of Vacon Oyj since 2010. He has served as Member of the Audit Committee since March 27, 2012. He is Chief Executive Officer of Wartsila Finland Oy and Director at Delivery Center Ecotech, global environmental technologies. He joined Wartsila in 1989 and served as Research and Development Manager for 4-stroke engines and development from 2003 to 2005. Mr. Kytola is Chairman of Ostrobothnia Chamber of Commerce and Member of the Board of Directors of Oy Merinova Ab. He holds a Master of Science degree in Engineering. |
Riitta Viitala |
Ms. Riitta Viitala has served as Vice Chairman of the Board of Directors of Vacon Oyj since March 27, 2012 and as Member of the Board of Directors of Vacon Oyj since 2008. She has served as Member of the Remuneration and Nomination Committee of the Company since March 27, 2012. She is Professor, Head of Department of Management at University of Vaasa. She joined the University in 1999. Prior to that, she was Training Manager at Chydenius Institute of the University of Jyvaskyla from 1997 to 1998 and held education and development positions at the Central Ostrobothnia and Helia Universities of Applied Science from 1989 to 1996. In addition, she served as Personnel Development Manager at the Finnish Postal Service from 1983 to 1989 and as Administration Manager at Tapio Laakso Oy from 1982 to 1983. Ms. Viitala holds Board Member positions at Ilkka-Yhtyma Oyj, I-Mediat Oy, Vaasan Sahko Oy and the Vaasa division of the Ostrobothnia Chamber of Commerce. She has obtained a Doctorate in Philosophy degree in Economics. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Panu Routila |
25,000 |
Vesa Laisi |
452,000 |
Heikki Hiltunen |
344,000 |
Mika Vehvilainen |
23,000 |
Pia Aaltonen-Forsell |
-- |
Jukka Kasi |
-- |
Tuula Hautamaki |
-- |
Sebastian Linko |
-- |
Jaana Klinga |
-- |
Pekka Ahlqvist |
21,000 |
Jari Eklund |
25,000 |
Jan Inborr |
44,000 |
Juha Kytola |
25,000 |
Riitta Viitala |
23,000 |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Panu Routila |
0 | 0 |
Vesa Laisi |
0 | 0 |
Heikki Hiltunen |
0 | 0 |
Mika Vehvilainen |
0 | 0 |
Pia Aaltonen-Forsell |
0 | 0 |
Jukka Kasi |
0 | 0 |
Tuula Hautamaki |
0 | 0 |
Sebastian Linko |
0 | 0 |
Jaana Klinga |
0 | 0 |
Pekka Ahlqvist |
0 | 0 |
Jari Eklund |
0 | 0 |
Jan Inborr |
0 | 0 |
Juha Kytola |
0 | 0 |
Riitta Viitala |
0 | 0 |

