Presentation of proposed Board of Directors' members
Annual General Meeting, 25 March 2022
The Nomination Board proposes to the Annual General Meeting that Petri Helsky, Reima Kerttula, Helena Nordman-Knutson, Jouko Peussa and Kirsi Sormunen be re-elected as members of the Board of Directors for the term ending at the closure of the Annual General Meeting of 2023. The Nomination Board also proposes that Jouni Heinonen be elected as new member of the Board of Directors.
Jouni Heinonen (born 1960) is Managing Partner at the consulting firm HVD Partners in Switzerland. Previously Jouni Heinonen has served, among others, as CEO of the Swiss composites manufacturer Gurit. He holds a Master’s degree in Mechanical Engineering.
The Nomination Board further proposes Reima Kerttula to be re-elected as Chairman of the Board of Directors for the term ending at the closure of the Annual General Meeting of 2023.
All nominees are independent of the Company and its major shareholders and have given their consent for the election.
Reima Kerttula
Proposed for re-election
Jouni Heinonen
Proposed to be elected as a new member
Petri Helsky
Proposed for re-election
Helena Nordman-Knutson
Proposed for re-election
Jouko Peussa
Proposed for re-election
Kirsi Sormunen
Proposed for re-election
Born 1955, M.Sc. (Eng.)
Finnish citizen
Chairman of the Board since 2016
Member of the Board since 2009
Holdings: 23,618 Exel Composites shares* (on 31 December 2021)
* Includes shares owned through life insurance
Previous main positions
Member of the Board of Directors and co-owner, Amerplast Ltd.
Amerplast Ltd., COO of the holding company, Managing Director of the operative companies
Senior Vice President, Flexibles, Suominen Corporation
President & CEO, Tamfelt Corporation
President, Metso Fabrics Inc.
Senior Vice President, Paper and Board Business Line, Metso Paper Inc.
Independence
Independent of the Company and its major shareholders
Born 1960, M.Sc (Mechanical Eng.)
Swiss and Finnish citizen
Managing Partner, HVD Partners GmbH
No Exel Composites holdings
Key professional experience
Chairman of the Board, Solifos AG
Operating Partner, Humatica AG
CEO & member of the Board, Plumettaz SA
CEO, Gurit Holding AG
COO, Gurit Composite Technologies
CEO & member of the Board, Nextrom Holding SA
Key positions of trust (current)
Chairman of the Board of Directors, SAMP Srl
Chairman of the Board of Directors, Finnester Oy
Member of the Board of Directors, Astera Solutions GmbH
Independence
Independent of the Company and its major shareholders
Born 1966, M.Sc. (Eng.), M.Sc. (Econ.)
Finnish citizen
CEO of Suominen Corporation
Member of the Board since 2016
Holdings: 8,868 Exel Composites shares (on 31 December 2021)
Previous main positions
CEO, Metsä Tissue
Member of Management Board, Metsä Group
Member of Management Board, Kemira
President, Asia-Pacific Region, Kemira
President, Paper Segment, Kemira
Key positions of trust (current)
Member of the Board, Algol Chemicals Oy
Independence
Independent of the Company and its major shareholders
Born 1964, M.Sc (Pol. Sciences), M.Sc (Econ.)
Finnish citizen
Advisor and Senior Consultant, Safir Communication
Member of the Board since 2017
Holdings: 7,726 Exel Composites shares (on 31 December 2021)
Previous main positions
Executive Director, Partner, Hallvarsson & Halvarsson
Sales Director and Senior Consultant, Springtime
Head of Telecom Research, Pareto Öhman
Head of Telecom Research and partner, Öhman Fondkommission
Head of Telecom Research, SEB
Key positions of trust (current)
Member of the Board, Chairman of the Audit Committee, Alimark Group
Member of the Board, Lexington Group
Member of the Board, SFF Sveriges Finansanalytikers Förening
Member of the Board, Royal Academy of Science
Member of the Board, Nidoco Group
Independence
Independent of the Company and its major shareholders
Born 1957, Licentiate of Technology
Finnish citizen
Member of the Board since 2016
Holdings: 8,868 Exel Composites shares (on 31 December 2021)
Previous main positions
Director, Innovation & Technology, Ingersoll Rand Compression Technologies
Technology Director, Ingersoll Rand Compressed Air Systems and Services
Engineering Director EMEA, Ingersoll Rand Industrial Technologies
Engineering Director ESA, Ingersoll Rand Industrial Technologies
Independence
Independent of the Company and its major shareholders
Born 1957, M.Sc (Econ)
Finnish citizen
Member of the Board since 2020
Holdings: 3,125 Exel Composites shares (on 31 December 2021)
Previous main positions
Member of the Board of Directors, DNA
Member of the Board of Directors, Talvivaara Plc
Member of the Board of Directors, Sitra
Member of the Board of Directors, VR Group
Member of the Board of Directors, Neste Oyj
Head of Nokia Bridge, Vice President, CSR, Nokia
Vice President, Sustainability/CSO, Nokia Oyj
Finance Director/CFO, Nokia Americas
Finance Director, Nokia Telecommunications
Group Treasurer, Nokia
Key positions of trust (current)
Member of the Board, Unicef Finland
Senior Advisor, Directors’ Institute of Finland, DIF
Advisory Board Member, Lappeenranta University of Technology
Independence
Independent of the Company and its major shareholders