Administration
Report on Panostaja Oyj’s Corporate Governance Statement
In its operations and the organization of its administration, Panostaja Oyj complies with the Finnish Corporate Governance Code. The Code is available at the website maintained by the Securities Market Association at www.cgfinland.fi.
Panostaja Oyj, Corporate Governance Statement 2025
Panostaja Oyj, Corporate Governance Statement 2024
Management Team
Tapio Tommila, b. 1978
M.Sc. (Econ.)
CEO since 2019
CFO 2015-2018
Deputy Managing Director 2015-2018
Investment Director 2008-2015
Previous work experience: Deloitte Corporate Finance Oy, PricewaterhouseCoopers Oy
Otherpositions of trust: Member of the Supervisory Board of Fennia Mutual Insurance Company
Heikki Korelin, b. 1986
M.Sc. (Econ.)
CFO since 2024
Heikki Tukiainen, b. 1974
M.Sc. (Tech.)
Develoment Director since 2024
Niko Skyttä, b. 1982
M.Sc. Eng.
Investment Director since 2020
Previous work experience: Investment Manager Panostaja Oyj, Controller Fiskars Group
Board
Juha Sarsama, b. 1965
Tarja Pääkkönen, b. 1962
D.Sc. (Tech.) (business strategies), M.Sc. (Tech.) (building technology) and Partner at Boardman Oy
Previous work experience: Head of Sales and Marketing unit and Management Group member of Itella Oyj group 2005−2010, Nokia Mobile Phones Management Group member of Nokia Oyj and several global Senior Vice President level positions in Europe, USA and Asia 1994−2004
Other positions of trust: Member of the board and the remuneration committee of SATO Plc, member of the board and the Remuneration Committee of United Bankers Plc, member of the Board of GRK Infra Plc and Chairman of the Personnel and Remuneration Committee.
Independent of the company and of major shareholders
Mikko Koskenkorva, b. 1982
Bachelor of Computer Science, CEO of Treindex Oy
Previous work experience: IT Manager of Jyki Group Oy 2018–2023, IT Project Manager of Pajakulma Oy 2008–2018
Other positions of trust:
Board member of Johtopanostus Oy, Board member of Treindex Oy, Board member and CEO of Oy Koskenkorva Ab.
Independent of the company.
Tommi Juusela, b. 1973
Bachelor of Laws, LL.M. (Columbia University), independent advisor
Previous work experience:
Neste Oyj, Vice President, member of the management team of the Sales and Business unit 2016–2018, Director, Sales 2014–2016; Nokia Oyj, several managerial positions in sales, marketing and strategy 2006–2014, Shearman & Sterling LLP, Associate, 2002–2004 (London), International Associate 1999–2000 (New York)
Other positions of trust:
Chairman of the John Nurminen Foundation, Chaiman of the Board of Baltic Sea Services Oy, Board member of Algol Technics Oy, Board member of Elpac Oy
Independent of the company and its major shareholders.
Saga Forss, b. 1969
Annual General Meeting
Panostaja Oyj’s highest decision-making body is the Annual General Meeting. Every year, the Annual General Meeting confirms the Company’s financial statement, decides on the dividends to be paid and on the granting of discharge from liability of the Board members and the CEO, and on the election of the Board members and auditors and the fees to be paid to them. The Annual General Meeting is convened by the Board of Directors.
Remuneration
Reward Policy determines the principles for rewarding Panostaja Oyj’s Board of Directors (hereinafter referred to as “Board”) and CEO (hereinafter referred to as “CEO”). Where necessary, the principles applicable to the CEO will also be applied to the Executive Vice President.
Remuneration Report 2024 has been created in accordance with the Finnish Corporate Governance Code.
Inner Circle
When looking back the history of Panostaja insider register note that Panostaja A share and Panostaja B share were combined into current Panostaja share on 14.11.2008.
Inner Circle →
Audit
The auditors elected by the AGM are responsible for the statutory auditing of the companies belonging to the Panostaja Group. In 2024, Authorised Public Accountants Deloitte Oy operated as auditor in the parent company and the Group, with Hannu Mattila acting as the leading auditor.
Audit →