Board of Directors

The Board of Directors is responsible for directing the company’s business operations to ensure optimal returns on investments made in the company and to its shareholders over the long term.

Principal duties of the Board of Directors

  • Responsible for the company’s governance and the appropriate organisation of its operations
  • Convenes the Annual General Meeting
  • Steers and monitors the company’s operational management
  • Appoints and dismisses the President & CEO
  • Approves the President & CEO’s employment agreement and benefits
  • Approves the members of the Group Executive Team and decides on their remuneration
  • Approves the company’s risk management principles
  • Confirms the company’s long-term strategic and financial targets
  • Approves the budget
  • Decides on significant individual investments and on acquisitions, divestments and real estate transactions

The Board meets as often as necessary. The Board has a quorum when more than half of its members are present at the meeting. The Board assesses its operations annually.

In accordance with the Articles of Association, the Board consists of 3–7 members, whose term of office ends at the close of the next Annual General Meeting after their election. The majority of the Board members must be independent of the company and its significant shareholders.

Jaakko Eskola

Chair of the Board

b. 1958

Senior Advisor to the Board, Wärtsilä Corporation

Education: MSc (Tech.)

Varma Mutual Pension Insurance Company: Chair of the Board
Finnish Foundation for Share Promotion: Board member
Cargotec Corporation: Board member
Neles Corporation: Chair of the Board
Suominen Corporation: Chair of the Board
Virala Acquisition Company Oy: Board member

Jaakko Eskola joined Wärtsilä 23 years ago. During his time with the company, he has been responsible for customer financing for energy business operations, power plant project development and international sales, and for marine business operations for ten years. For the past five years, he has served as the CEO of Wärtsilä. Before joining Wärtsilä, Jaakko worked in international banking for 14 years. He has extensive experience working for an international technology company specialising in services, and in digital transformation and global business arrangements.

Shareholding in Enersense: 0

Dependent on a significant shareholder
Independent of the company

Member of the Board of Enersense International Plc since 2021

Markku Kankaala

b. 1963

Entrepreneur, board professional

Education: engineer, mechanical and metal engineering

PM Ruukki Oy, family business: owner, Managing Director and Chair of the Board
MBÅ Invest Oy: Chair of the Board
Afarak Group Plc (formerly (Ruukki Group): founder and long-term (24 years) Board member until 17 March 2017.

Markku is a North Ostrobothnian entrepreneur and person of influence. He has been a board member in around 50 companies.

Shareholding in Enersense: 1,200 shares directly, and 2,753,072 shares indirectly through MBÅ Invest Oy, an entity in which he exercises influence

Dependent on a significant shareholder
Independent of the company

Member of the Board of Enersense International Plc since 2020

Petri Suokas

b. 1973

Education: vocational qualification in construction

Suotuuli Oy: owner, Managing Director and Chair of the Board
Siementila Suokas Oy: owner, Managing Director and Chair of the Board
Tilasiemen Oy: shareholder, Vice Chair of the Board
MBÅ Invest Oy: Board member

Entrepreneur Petri Suokas is the first private individual to have built their own industrial-scale wind power plant in Finland. He has experience in building and securing permits for wind power plant sites. He has been a member of the Board of Tilasiemen Oy since 2007. During that time, the company has developed into Finland’s largest seller of grain and grass seeds in terms of market share. He owns Siementila Suokas Oy, an agricultural limited liability company that produces grain, grass and legume seeds in an area of more than 700 hectares.

Shareholding in Enersense: 2,753,072 shares indirectly through MBÅ Invest Oy and 240,860 shares indirectly through Siementila Suokas Oy, which are entities in which he exercises influence

Dependent on a significant shareholder
Independent of the company

Member of the Board of Enersense International Plc since 2020

Herkko Plit

b. 1970

CEO and Founding Partner, P2X Solutions Oy

Education: MSc (Tech.), technical physics

Herkko is the CEO of P2X Solutions Oy and its Founding Partner. A visionary in the energy sector, he is currently creating a hydrogen market in Finland. He has previously played a key role in creating an open gas market and in founding the Baltic Connector company, as well as serving as its CEO. He has extensive international experience in the energy sector and in managing complex major projects and serving in managerial positions in companies such as TVO and Fortum. He also has considerable experience in public administration and the field of politics, having worked for the Ministry of Economic Affairs and Employment of Finland and the EU Commission.

Shareholding in Enersense: 0

Independent of the company and its significant shareholders

Member of the Board of Enersense International Plc since 2020

Päivi Jokinen

b. 1968

International B2B professional

Education: MSc (Econ.)

InCap Corporation: Board member
European Women on Boards: Chair
Board Professionals Finland: Board member
BoCap Group: Advisory Council member

Päivi is a Partner and the Managing Director at Avant Advisors, a consultancy specialising in direct recruitment and career services. She has worked for international industrial companies and consulting firms, most recently as the director of the consumer packaging business at Stora Enso. She has special expertise in marketing, sales, strategic planning, innovation cultures and communication. Thanks to her many foreign assignments, she has extensive international experience and excellent language skills.

Shareholding in Enersense: 0

Independent of the company and its significant shareholders

Member of the Board of Enersense International Plc since 2020

Sari Helander

b. 1967

CFO, Head of Group Functions, Ramirent Group

Education: MSc (Econ.)

Evli Bank Plc: Board member
Netum Oy: Board member

Sari serves as the CFO and Head of Group Functions at Ramirent Group. Before joining Ramirent Group, she was a Partner and Managing Director at Greenstep Oy. Sari has extensive experience in demanding financial and business management positions in international companies. She served as the CFO of Posti Group for several years, and in various financial management positions at Nokia Group. She has served as a board member in several companies.

Shareholding in Enersense: 0

Independent of the company and its significant shareholders

Member of the Board of Enersense International Plc since 2020

Sirpa-Helena Sormunen

b. 1959

General Counsel, Uniper SE

Education: LLM (trained on the bench)

Nammo AS: Board member

Sirpa-Helena has extensive experience in corporate restructuring, corporate law and integration. She also has expertise in corporate governance, compliance and the solving of contract disputes and issues. She is strongly business-driven and has served in managerial positions in international companies in Finland and abroad, including Fortum, TeliaSonera and Nokia’s network business.

Shareholding in Enersense: 1,900 shares

Independent of the company and its significant shareholders

Member of the Board of Enersense International Plc since 2021

CEO

Jussi Holopainen

The Board appoints the President & CEO and decides on their remuneration and other benefits. The President & CEO is responsible for the company’s day-to-day management. Principal duties of the President & CEO:

  • Managing the company’s business operations in accordance with the strategy determined by the Board of Directors
  • Presenting matters for processing by the Board of Directors
  • Implementing decisions made by the Board
  • Other duties in accordance with the Limited Liability Companies Act