Elcoteq's Board of Directors consists of the following eight members.
Mr. Martti Ahtisaari
born 1937, Teacher Training Course Graduate, University of Oulu
Independent member of Elcoteq’s
Board of Directors since 2000; member of the Audit and Compensation Committees
Work experience: Mr. Ahtisaari forged a prestigious career as a diplomat working for both Finland’s Ministry for Foreign Affairs and for the United Nations. Mr Ahtisaari was President of Finland between 1994 and 2000. After leaving office he has held posts in various international organizations and trusts. Mr Ahtisaari also holds honorary doctorates from a number of universities.
Other key posts: board chairman of Crisis Management Initiative
Mr. Heikki Horstia
born 1950, BSc (Econ.)
Vice President, Group Treasurer of Wärtsilä Corporation
Independent member of Elcoteq’s Board of Directors since 1991; member of the Audit and Compensation Committees
Work experience: Mr. Horstia has had a career in the financial management of industrial enterprises (Teollisuuden Voima Oy, Oy Lohja Ab, Metra Corporation) since 1976,
and has occupied management and board positions in the electronics industry since 1983.
Mr. Eero Kasanen
born 1952, DBA
Rector of the Helsinki School of Economics and Professor of Finance
Independent member of Elcoteq’s Board of Directors since 2001; member of the Audit and Compensation Committees
Work experience: Professor of the Helsinki School of Economics since 1989
Other key posts: Dr. Kasanen is a board member of several companies, for example Kaleva Mutual Insurance Company. He is also chairman of the boards of directors of the Helsinki School of Economics Holding Ltd and Finland Post Corporation.
Mr. Antti Piippo
born 1947, BSc (Eng.)
Founder and principal shareholder of Elcoteq
Chairman of Elcoteq’s Board of Directors since 1991 and Chairman of the Board of Directors again since 2003. Chairman of the Working and Nomination Committees.
Work experience: Mr. Piippo has held management positions in the electronics industry since 1971, first in Aspo Oy (1971–1984) and then in Oy Lohja Ab (1984–1991). He was head of the electronics divisions of both companies.
Other key posts: supervisory board member of Varma Mutual Pension Insurance Company and chairman of the board of Piippo Oy, Gallery Kalhama & Piippo Contemporary Oy, Nordic Solutions Oy and Bossa Kulttuuriravintola Oy.
Mr. François Pauly
born 1964, MBA
General Manager of Sal. Oppenheim jr. & Cie S.C.A
Independent member of Elcoteq’s Board of Directors since 2008; member of the Audit and Compensation Committees
Work experience: Mr. Pauly has long experience on international financial markets and has held different management positions at Dexia Banking Group, both in Luxembourg and Italy.
Other key posts: Mr. Pauly is Chairman of the Board at Pharma w/Health Management Company S.A. and a board member of several companies: La Luxembourgeoise, Cobepa, BIP Investment Partners and Management & Capitali S.p.A.
Mr. Henry Sjöman
born 1950, BSc (Eng.)
Founder-shareholder of Elcoteq
Member of Elcoteq’s Board of Directors since 1991; member of the Working and Nomination Committees
Work experience: Mr. Sjöman has worked in the electronics industry since 1974 and has held various management positions in Elcoteq and its predecessors since 1984.
Mr. Juha Toivola
born 1947, Master of Arts
Independent member of Elcoteq’s Board of Directors since 1997; Deputy Chairman of the Board in 1997–2001 and again since 2003; Chairman of the Board in 2001–2003.
Chairman of the Audit and Compensation Committees, member of the Working Committee
Work experience: Mr. Toivola has over 30 years of experience from both Finnish and international industrial corporations and the insurance sector. Between 1971 and 1995 Mr Toivola worked for Fiskars Corporation, and between 1996 and 2001 he was Managing Director of Industrial Insurance Company Ltd and Deputy Managing Director of the Sampo Group.
Other key posts: Mr. Toivola is a board member or board chairman of several companies. He is also a member of the Association of Finland’s Board Professionals.
Mr. Jorma Vanhanen
born 1959, MSc (Eng.)
Founder-shareholder of Elcoteq
Member of Elcoteq’s Board of Directors since 1991; member of the Working and Nomination Committees
Work experience: Mr. Vanhanen has held various management positions
in Elcoteq and its predecessors since 1985.