Chief Executive Officer

  1. Is responsible for the day-to-day management of the company and the Group in accordance with the Articles of Association, the Limited Liability Companies Act and instructions issued by the Board of Directors.
  2. Reports to the Board of Directors and the Supervisory Board.
  3. Is responsible for drawing up and presenting the Group’s strategy and business plans to the Board of Directors for approval.
  4. Regularly informs the Board of Directors of the company’s operations and financial position.
  5. Presents matters to be decided on by the Board of Directors, unless this is delegated to the Business Area Director concerned.
  6. Acts as the presenter of the Committees of the Board of Directors.

A more detailed description of the division of duties between the Chief Executive Officer and the Board of Directors is provided in the Standing Orders of the Board of Directors (Appendix 2) and in the Standing Orders of the management team in charge of Vapo Oy’s energy business (Appendix 5).

Information on the remuneration and terms of employment of the Chief Executive Officer is provided in the section “Remuneration of Senior Management”.

The Managing Director, with effect from 29.5.2017 shall be:

Vesa Tempakka, b. 22.7.1963, M.Sc. (Econ.)
Relevant work experience: Tetra Pak: several positions 1993-2008, DeLaval Finland: Managing Director 2008-2012, K.Hartwall Oy Ab: CEO 2012 -2017 

Does not hold any shares in the company.