President and CEO and the Exel Leadership Team
Paul Sohlberg
President and CEO
Mikko Rummukainen
CFO
Juha Honkanen
EVP, Engineered Solutions Business Unit
Kari Loukola
EVP, Industrial Solutions Business Unit
Kim Sjödahl
SVP, Technology and Sustainability
Johanna Tuomisto
SVP, People & Culture
Born 1977, LL.M
President and CEO
Joined the company in March 2023
Member of the Exel Leadership Team since 2023
Finnish citizen
Previous main positions
Senior Vice President, Separation Business Line at Metso Outotec
Executive Vice President and President of the Minerals Processing Business Area at Outotec
President of Outotec in North and Central America
Various positions at Elektrobit Plc
Areas of responsibility
- Creation of added value to the Group and shareholders
- Managing and developing the Group’s business operations to achieve profitable growth
- Developing the corporate strategy
- Implementing the Board of Directors’ decisions
- Developing and maintaining a well-functioning organization
- Customer and investor relationships
- Other responsibilities of the President and CEO
Born 1978, D.Sc. (Tech.)
CFO
Joined the company in 2011
Member of the Exel Leadership Team since 2019
Finnish citizen
Previous main positions
SVP, Business Development, Exel Composites
Vice President, Business Development, Exel Composites
Business Unit Manager, Exel Composites
Project Manager, August Associates
Researcher, Helsinki University of Technology
Areas of responsibility
- Accounting and Treasury
- Business Controlling
- Investor Relations
- Information and Communications Technology
- Legal matters
- Risk Management
- Business development
- Secretary to the Company’s Board of Directors
Born 1979, M.Sc. (Eng.)
EVP, Engineered Solutions Business Unit
Joined the company in 2007
Member of the Exel Leadership Team since 2024
Finnish citizen
Previous main positions
Business Unit Manager Finland, Exel Composites
Factory Manager, Exel Composites
Production Manager, Exel Composites
Head of R&D, North Europe, Exel Composites
Areas of responsibility
- Leading Engineered Solutions Business Unit
Born 1962, M.Sc. (Eng.), M.Sc. (Econ.)
Joined the company in 2013
Member of the Group Management Team 2013-2023 and since 2025
Finnish citizen
Previous main positions
SVP, Exel Wind Program
SVP, General Manager of Exel Composites N.V. (Belgium)
SVP Exel Composites Americas – President of DSC Inc. SVP, Sales & Marketing, Exel Composites Plc
Head of Business Development, Nokia Siemens Networks Japan
Head of OSS Product Management, Nokia Siemens Networks
Head of Middleware Business Line, Nokia Siemens Networks
Head of Service Management Business Line, Nokia
Areas of responsibility
- Leading Industrial Solutions Business Unit
Born 1974, M.Sc. (Eng.)
SVP, Technology and Sustainability
Joined the company in 1997
Member of the Exel Leadership Team since 2012
Finnish citizen
Previous main positions
SVP, R&D and Technology, Exel Composites
VP, Product Development, Finnish and German units, Exel Composites
Areas of responsibility
- Group-wide development of products, product platforms and product technology and tooling
- Leading, coordinating and developing product development activities in the Group
- Leading R&D and IPR management activities
- Leading Group’s sustainability activities
Born 1966, LL.M
SVP, People & Culture
Joined the company in 2023
Member of the Exel Leadership Team since 2023
Finnish citizen
Previous main positions
HR Director, Nanoform Finland Plc
HR Director, Thermo Fisher Scientific Oy
SVP, Administration, Finnvera Oyj
Director, Legal & HR, Partner, Evli
Areas of responsibility
- People aspects in strategy development and execution
- Talent development
- Leadership development
- Culture
Duties of the President and CEO and the Exel Leadership Team
The President and CEO is appointed by the Board to run the Company on a day-to-day basis in compliance with existing laws and regulations, as well as instructions and decisions given by the Board. Since duties of the Board include supervision of the managing director, Exel Composites’ President and CEO shall not be elected as member of the Board. The areas of responsibility of the President and CEO include, in addition to the above mentioned legal requirements, and implementing the Board’s decisions, specifically also securing growth of the business, acquisitions and strategic projects, the increase in shareholder value, profitability and efficiency of operations, and investments within the limits defined by the Board.
The Board of Directors has adopted Rules of Procedure for the Managing Director containing guidelines and instructions regarding the Company’s day-to-day management.
The President is supported by the Exel Leadership Team and is also a member of it. The Exel Leadership Team includes, in addition to President and CEO, CFO, EVP, Engineered Solutions Business Unit, EVP, Industrial Solutions Business Unit, SVP, Technology and Sustainability and SVP, People & Culture. President and CEO makes a proposal for the Exel Leadership Team members and the Board of Directors approves the final composition of the Team. President and CEO also directs the Exel Leadership Team’s activities. The Exel Leadership Team meets ten to twelve times a year in regular monthly management meetings. Its duties include, in addition to daily running of the business and development of all areas of the business, also drawing up business and strategic plans and implementing them.
President and CEO presents the remuneration of the other members of the Exel Leadership Team to the Board, which makes the decision on the remuneration.
Exel Composites’ Board of Directors has approved the principles of a performance-based bonus system for the Group’s top management.