The Board of Directors is responsible for the administration and the proper organization of the operations of the Company. The duties and accountability of the Board are determined primarily under the Articles of Association and the Finnish Limited Liability Companies Act. The Board’s meetings procedure and duties are described in the charter adopted by the Board for each year.
Board members are elected annually by the AGM based on a proposal put forward by the Board’s Nomination Committee. The Articles of Association contain no mention of any special order of Board member appointments. The Board comprises 5–7 members, all of whom possess the particular competence and independence consistent with the position. The term of Board members begins at the end of the General Meeting at which they were elected and ends at the end of the General Meeting first following their election. The Board of Directors elects a chairman and deputy chairman from among its number.
The Board conducts an annual evaluation of the independence of its members in accordance with recommendation 15. A member of the Board is required to submit to the Company the information necessary to conduct the evaluation of independence. A Board member is also required to notify the Company of any changes in information relating to independence.
Juha Kylämäki, chairman of the Board of Directors, b. 1962
Farm entrepreneur, broiler meat producer
Law student
Niels Borup, deputy chairman, b. 1964
Farm entrepreneur, pork and milk producer
M.Sc. (Econ. & Bus. Admin.)
Teija Andersen, b. 1957
Managing director of Adviso TMA Oy
M.Sc. (Agr. & For.), e MBA
Gunilla Aschan, b. 1960
Farm and forestry entrepreneur, beef producer
Farm & Forest Department, manager, Nordea Sweden
M.Sc. (Agriculture, Econ.)
Tero Hemmilä, b. 1967
Managing director of Yara Suomi Oy
M.Sc. (Agr. & For.)
Henrik Treschow, b. 1946
MBA
FoodMan Advisor AB
All members of the Board of Directors, except Tero Hemmilä, are independent of the Company. All members of the Board of Directors, except Gunilla Aschan, are independent of the Company’s major shareholders.
The members of the Board of Directors are presented in more
detail
here