Board of Directors

Corporate Governance

Members of the Board of Directors

Members of the Board during the term of office that started at the end of the annual general meeting in the financial year 2018 and will end at the end of the annual general meeting to be held in the financial year 2019 are presented below.

All members of the Board are independent of the company and all members of the Board, excluding Reima Rytsölä and Kaj-Gustaf Bergh, are independent of significant shareholders.

Juha Laaksonen, B.Sc. (Econ.), born in 1952, Chairman of the Board since 2017 and a member since 2016. He has last served Fortum Corporation as the Executive Vice President and CFO in 2000–2012. Juha Laaksonen is the Chairman of the Board of Directors of Caruna Networks Oy and member of the Board of Directors of Taaleri Plc. He has previously served as a member of the Board of Directors of Sponda Plc and Kemira Oyj. In addition, he is the Chairman of the Board of Directors of Alfred Kordelin Foundation.

Reima Rytsölä, M.Soc.Sc., CEFA, AMP, born 1969, Board member since 2015, Vice Chairman of the Board since 2018. He currently works for the Varma Mutual Pension Insurance Company as the Chief Investment Officer. Previously, he has held the position of Senior Executive Vice President, Head of Banking and the Member of the Group Executive Committee at Pohjola Bank Plc, with group-level responsibility for major corporate and institutional customers, as well as other management and investment positions at Pohjola Bank Plc and its subsidiaries. Reima Rytsölä is a member of the Board of Kojamo Plc and HYY Group Ltd.

Kaj-Gustaf Bergh, LL.M., B.Sc. (Econ.), born 1955, Board member since 2018, is the Managing Director of Föreningen Konstsamfundet r.f. Previously he has worked in management positions at Bankers Ane Gyllenberg Oy, Skandinaviska Enskilda Banken, Oy Bensow Ab and Ky von Konow & Co. Bergh holds several positions of trust and he is, among others, the Chairman of the Board of Directors of Mercator Invest Ab, Julius Tallberg Corp.  and KSF Media Holding Ab, and member of the Board of Wärtsilä Corporation, Stockmann plc, Ramirent Plc, Mercator Capital Ab and JM AB. Bergh has previously held also the position of Chairman of the Board of Directors in Sponda Plc.

Hannu Leinonen, M.Sc. (Civil Eng.), born 1962, Board member since 2018, has worked for a long time in the construction industry, including as CEO & President of Destia Group Plc, Destia Ltd and YIT Corporation. In addition, he has held several management positions in Telecom Finland and Sonera Ltd, Skanska Oy and Skanska Etelä-Suomi Oy, and Haka Oy and PKS Haka Oy. Leinonen is a member of the Board of Directors of Build Care Oy.

Helena Liljedahl, BSc in Business and Administration, born 1969, Board member since 2017. She serves currently KF Fastigheter AB, a Swedish real estate development company and a subsidiary of KF Co-operative Union, as the Chief Executive Officer. She has previously served as the Chief Executive Officer of KF Fastigheter Centrumhandel AB which owns and administers shopping centers and supermarket properties, Head of Commercial Development at IKEA Centers Russia, Deputy CEO at the development consultant company Centrumutveckling AB and Asset Manager at Alecta Investment Management AB, the largest mutual pension company in Sweden. Helena Liljedahl is member of the Board of Directors of Folksam Mutual Insurance Company (Folksam Sak).

Pekka Ojanpää, born 1966, Board member since 2014. He is the President and CEO of Lassila & Tikanoja Plc. He has previously held various positions at Kemira Plc, most recently as President of Municipal & Industrial Business and a member of the Management Board. In addition, he has worked for Nokia in various management duties in Finland and Hungary. Pekka Ojanpää is a member of the Supervisory Board of Ilmarinen Mutual Pension Insurance Company.

Christine Rankin, BSc in Business Administration and Economics, APA, born 1964, Board member since 2017. She is the CFO of Cherry AB, a Swedish gaming company. She has previously served as Vice President, Finance at Serneke Group, Head of Corporate Control of Spotify and before that held several managerial positions at PricewaterhouseCoopers AB, as Partner, Head of Business Unit, Head of US Capital Markets Group and Head of Mobility.

Duties of the Board of Directors

The Board of Directors of Technopolis is responsible for the company’s management and the proper organization of the company´s operations. The Board must always promote the company’s interests and comply with the legislation, official regulations and norms of the society. The Board´s operating procedures and main duties have been defined in the Board’s Charter.

The Board´s duties include deciding on the company’s strategy and major organizational solutions, approving the budget and the guidelines governing the company´s risk management and internal control, deciding on exceptional and far-reaching matters within the field of activities of the company, appointing the CEO and the Management Team members, deciding on their salaries and other benefits, deciding on succession plans for key personnel, major investments and sales of assets, making proposals to the Annual General Meeting on the distribution of profits and monitoring the company’s financial situation and risk position.

The Board annually assesses its own work and success.

Election of Board Members and Term of Office

The composition of the Board of Directors of Technopolis needs to be in line with the requirements of the industry and market conditions. The CEO may not be a member of the Board of Directors.

According to the Articles of Association, the company’s Board of Directors comprises at least four and at most seven members. The annual general meeting elects the Board members. A Shareholders’ Nominating Committee prepares proposals on the composition and remuneration of the Board of Directors to the Annual General Meeting.

According to the Articles of Association, the annual general meeting elects the Chairman and the Vice-Chairman of the Board.

The term of a Board member will expire at the end of the next annual general meeting following their election.

Information on the holdings of the Board members

Last updated 6.7.2018