Board of Directors

 The Board of Directors' term of office starts at the Annual General Meeting where the board is elected, and ends at the following Annual General Meeting. The majority of the Board members must be independent of the company and at least two members in the said majority must be independent of the company's major shareholders.

The charter and tasks of the Board of Directors are described in the Administrative Instructions.


Year 2016
Raute Corporation's Annual General Meeting held on March 31, 2016 elected six members to the Board of Directors. As Chairman of the Board was elected M.Sc. (Eng.) Erkki Pehu-Lehtonen, as Vice-Chairman of the Board M.Sc. (Econ.) Mika Mustakallio and as Board Members M.Sc. (Eng.) Joni Bask, M.Sc. (Eng.), Master of Laws, MBA Päivi Leiwo, and M.Sc. (Econ.) Pekka Suominen and M.Sc. (Eng.) Patrick von Essen.

The Annual General Meeting of 2016 set the following remunerations for Board members for the term 2016/2017: EUR 40 thousand to the Chairman of the Board and EUR 20 thousand to Board members.

Members of the Board of Directors 2016

 

Erkki Pehu-Lehtonen, b. 1950

Chairman of the Board 2009-.
Member of the Board 2009-.
Chairman of the Board's Appointments Committee.
Independent of the company and of major shareholders.

Finnish citizen.

M.Sc. (Eng.)

Principal occupation:
Senior Advisor to the Board, Pöyry Plc 2008-2010, retired.

Erkki Pehu-Lehtonen was Senior Adviser to the Board of Pöyry Plc in 2008-2010 and Pöyry Plc's President and CEO in 1999-2008. He was President of Jaakko Pöyry Oy, a subsidiary of Pöyry Plc, in 1996-1999 and Executive Vice President of the comapny in 1994-1996. Before joining the Pöyry Group, he held top management positions at, among others, Neles-Jamesbury, Inc. and Valmet Paper Machinery Inc.

Main simultaneous positions of trust: No simultaneous positions of trust.

Remuneration in 2016: EUR 40 thousand
Attendance at Board meetings in 2016: 12/12

Share-based remunerations: No share-based remunerationste

Raute share Dec. 31, 2016: 1,000 Raute series A shares.

 
 

Mika Mustakallio, b.1964

Vice-Chairman of the Board 2012-.
Member of the Board 2004-.
Member of the Board's Appointments Committee.
Dependent on the company and on major shareholders.

Finnish citizen.

M.Sc.(Econ.),CEFA.

Principal occupation:
President, MORS Software Oy 2006-.

Mika Mustakallio has been President of MORS Software Oy since 2006 and a bank risk management specialist. Since 2001, as an entrepreneur, he has been creating innovative real-time risk management systems for banks. Prior to this, during the years 1995-2000 he worked at Svenska Handelsbanken as the head of risk control and in 1991-1995 at Price Waterhouse as a consultant.

Main simultaneous positions of trust: No simultaneous positions of trust.

Remuneration in 2016: EUR 20 thousand
Attendance at Board meetings in 2016: 12/12

Share-based remunerations: No share-based remunerations

Raute shares Dec. 31, 2016: 57,580 Raute series K shares and 26,270 Raute series A shares

 

Joni Bask, b.1975

Member of the Board 2012-.
Independent of the company, dependent on major shareholders.

Finnish citizen.

M.Sc. (Eng.).

Principal occupation: Systems Engineering Manager, Varian Medical Systems Finland Oy 2013-.

Joni Bask has held various product development and management positions at Varian Medical Systems Finland Oy as of 2003.

Main simultaneous positions of trust: No simultaneous positions of trust.

Remuneration in 2016: EUR 20 thousand
Attendance at Board meetings in 2016: 12/12

Share-based remunerations: No share-based remunerations

Raute shares Dec. 31, 2016: 17,250 series K shares and 4,450 Raute series A shares

 
 

Patrick von Essen, b. 1963

Member of the Board 2016-.
Independent of the company and of major shareholders.

Finnish citizen.

M.Sc. (Eng.)

Principal occupation: President and CEO of Dovre Group Plc 2014-.

Patcik von Essen has previously held senior business development and project management positions at Fiskars Corporation (2012–2014), Neste Jacobs Oy (2011–2012), Pöyry Group Oyj (1999–2011) and ABB Service Oy (1998–1999). 

Main simultaneous positions of trust:
Member of the Board of Directors of Etteplan Oyj 2014-.

Remuneration in 2016: EUR 13 thousand

Attendance at Board meetings in 2016: 8/8

Share-based remunerations: No share-based remunerations

Raute shares at Dec. 31, 2016: 100 Raute series A shares

 
 

Päivi Leiwo, b. 1964

Member of the Board 2014-.
Independent of the company and of major shareholders.

Finnish citizen.

Master of Law, MBA

Principal occupation:
Chair of the Board of Oilon Oy 2009-.

Päivi Leiwo has worked as a lawyer for Oilon Oy in 1989–2009 and as full-time Chair of the Board of Oilon Oy 2009–.

Main simultaneous positions of trust: 
The Federation of Finnish Technology Industries, Member of the Board 2012–; Finpro Oy, Chairman of the Board 2016–; Central Chamber of Commerce, Vice-Chairman of the Board 2016–.

Remuneration in 2016: EUR 20 thousand
Attendance at Board meetings In 2016: 11/12

Share-based remunerations: No share-based remunrations.

 
 

Pekka Suominen, b. 1976

Member of the Board 2010-.
Independent of the company, dependent on major shareholders.

Finnish citizen.

M.Sc. (Econ.)

Principal occupation:
Business Manager, Talent Events Oy 2007-2012.

Main simultaneous positions of trust: Member of the Board: FBN Perheyrityspalvelut Oy 2014-; Member, Family business delegation of the Finnish Family Firms Association 2015-; Member, Finnish Family Firms Association, Interest representation working group 2015-; Chairman, Next Level successor activity working group 2016-.

Remuneration in 2016: EUR 20 thousand
Attendance at Board meetings in 2016: 12/12

Share-based remunerations: No share-based remunerations

Raute shares Dec. 31, 2016:48,000 Raute series K shares and 62,429 Raute series A shares

 

Year 2015

Raute Corporation's Annual General Meeting held on March 24, 2015 elected six members to the Board of Directors. As Chairman of the Board was elected M.Sc. (Eng.) Erkki Pehu-Lehtonen, as Vice-Chairman of the Board M.Sc. (Econ.) Mika Mustakallio and as Board Members M.Sc. (Eng.) Joni Bask, M.Sc. (Eng.) Risto Hautamäki, Master of Laws, MBA Päivi Leiwo, and M.Sc. (Econ.) Pekka Suominen.

Year 2014
Raute Corporation's Annual General Meeting held on March 31, 2014 elected six members to the Board of Directors. As Chairman of the Board was elected M.Sc. (Eng.) Erkki Pehu-Lehtonen, as Vice-Chairman of the Board M.Sc. (Econ.) Mika Mustakallio and as Board Members M.Sc. (Eng.) Joni Bask, M.Sc. (Eng.) Risto Hautamäki, Master of Laws, MBA Päivi Leiwo, and M.Sc. (Econ.) Pekka Suominen.

Year 2013
Raute Corporation's Annual General Meeting held on April 8, 2013 elected six members to the Board of Directors. As Chairman of the Board was elected M.Sc. (Eng.) Erkki Pehu-Lehtonen, as Vice-Chairman of the Board M.Sc. (Econ.) Mika Mustakallio and as Board Members M.Sc. (Eng.) Joni Bask, M.Sc. (Eng.) Risto Hautamäki, M.Sc. (Eng.) Ilpo Helander, and M.Sc. (Econ.) Pekka Suominen.

Year 2012
Raute Corporation's Annual General Meeting held on April 16, 2012 elected six members to the Board of Directors. As Chairman of the Board was elected M.Sc. (Eng.) Erkki Pehu-Lehtonen, as Vice-Chairman of the Board M.Sc. (Econ.) Mika Mustakallio and as Board Members M.Sc. (Eng.) Joni Bask, M.Sc. (Eng.) Risto Hautamäki, M.Sc. (Eng.) Ilpo Helander, and  M.Sc. (Econ.) Pekka Suominen.

Year 2011
Raute Corporation's Annual General Meeting held on April 13, 2011 elected six members to the Board of Directors. As Chairman of the Board was elected M.Sc. (Eng.) Erkki Pehu-Lehtonen, as Vice-Chairman of the Board Researcher Sinikka Mustakallio and as Board Members M.Sc. (Eng.) Risto Hautamäki, M.Sc. (Eng.) Ilpo Helander, M.Sc. (Econ.) Mika Mustakallio, and  M.Sc. (Econ.) Pekka Suominen

Year 2010
Raute Corporation's Annual General Meeting held on March 31, 2010 elected six members to the Board of Directors. As Chairman of the Board was elected M.Sc. (Eng.) Erkki Pehu-Lehtonen, as Vice-Chairman of the Board Researcher Sinikka Mustakallio and as Board Members M.Sc. (Eng.) Risto Hautamäki, M.Sc. (Eng.) Ilpo Helander, M.Sc. (Econ.) Mika Mustakallio, and  M.Sc. (Econ.) Pekka Suominen.

Year 2009
Raute Corporation's Annual General Meeting held on April 2, 2009 elected six members to the Board of Directors. As Chairman of the Board was elected M.Sc. (Eng.) Erkki Pehu-Lehtonen, as Vice-Chairman of the Board Researcher Sinikka Mustakallio and as Board Members M.Sc. (Eng.) Risto Hautamäki, M.Sc. (Eng.) Ilpo Helander, M.Sc. (Econ.) Mika Mustakallio, and  M.Sc. (Eng.) Panu Mustakallio.