The CEO and possible deputy CEO of the Company are appointed by the Company’s Board of Directors.
The CEO is tasked with managing the Group’s business activities and administration in accordance with the Articles of Association, the Finnish Limited Liability Companies Act and instructions provided by the Board of Directors. The CEO is accountable to the Board of Directors for the implementation of the objectives, plans, procedures and goals laid down by the Board. The Management Team supports the CEO in the management of the Company.
The Company’s CEO does not serve on the Board but attends its meetings and provides monthly reports to the Board on the Group’s financial performance, financial position, solvency and market position. He or she also presents the materials of the financial statements and interim reports to the Board. The CEO furthermore reports to the Board on the implementation of the Board’ s resolutions and on the measures and outcomes to which these have given rise.
Group Management Team
The Group Management Team of HKScan Group supports the CEO in management, preparation of business plans, strategy, policies and other important matters and in reaching strategic and operative targets. The members of the Group Management Team are appointed by the Board of Directors.