Board of Directors Front pageInvestorsGovernanceBoard of DirectorsThe 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: 6,105 shares Dependent on a significant shareholder Independent of the company Member of the Board of Enersense International Plc since 2021 Sirpa-Helena Sormunen Vice Chairman of the Board 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: 14,110 shares Independent of the company and its significant shareholders Member of the Board of Enersense International Plc since 2021 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: 12,210 shares directly, and 2,253,072 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: 1,221 shares 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: 3,052 shares 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: 854 shares Independent of the company and its significant shareholders Member of the Board of Enersense International Plc since 2020 CEOJussi HolopainenThe 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
