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People: UPM-Kymmene Oyj (UPM1V.HE)

UPM1V.HE on Helsinki Stock Exchange

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Reinikkala, Veli-Matti 

Mr. Veli-Matti Reinikkala has served as Independent Member of the Board of Directors at UPM-Kymmene Corporation since March 27, 2007. He is also Chairman of the Company's Remuneration Committee. He has been President of ABB Region Europe during 2015 and Member of the Group Executive Committee of ABB Ltd from 2006 to 2015. He was Head of ABB Process Automation Division from 2006 until 2014. He was Business Area Manager for ABB Process Automation in 2005. He acted as Automation Division Manager of ABB China between 2003 and 2004, as well as Manager for ABB Drives from 1997 until 2002. He was Chief Financial Officer of ABB Industry from 1994 to 1996. Before 1994, he held various positions within paper and packaging companies in Finland. He is Board Member of Quant AB. He holds an Executive Master of Business Administration degree.

Basic Compensation

Total Annual Compensation, EUR 95,000
Restricted Stock Awards, EUR --
Long-Term Incentive Plans, EUR --
All Other, EUR --
Fiscal Year Total, EUR 95,000

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --