The President & CEO and the Deputy CEO

The Board of Directors appoints a President for the Group who is also its Chief Executive Officer. The President & CEO is in charge of the day-to-day management of the company and its administration, in accordance with the company's Articles of Association, the Finnish Companies Act, and the instructions of the Board of Directors. He is assisted in this work by the Board of Management. The President & CEO's service terms and conditions are specified in writing in his service contract. Effective from 1 November 2015, the President & CEO of the company is Mr Jaakko Eskola. Mr Eskola succeeded Mr Björn Rosengren, who was appointed CEO of Sandvik, a global engineering group based in Sweden. The deputy to the President & CEO, as of 1 November 2015, is Mr Pierpaolo Barbone, President, Services.

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