Composition of Huhtamaki's Shareholders' Nomination Board
Huhtamäki Oyj has officially established its Shareholders' Nomination Board, comprising key stakeholders tasked with influencing the company's governance structure.
Members of the Nomination Board
The Nomination Board includes representatives from the four largest shareholders of the company, which signifies the importance of stakeholder representation in Huhtamaki's decisions. Here are the confirmed members:
- Susanna Pettersson (Chair), representing The Finnish Cultural Foundation.
- Markus Aho, appointed by Varma Mutual Pension Insurance Company.
- Esko Torsti, appointed by Ilmarinen Mutual Pension Insurance Company.
- Jonna Ryhänen, appointed by Elo Mutual Pension Insurance Company.
- Pekka Vauramo, serving as an expert member and Chair of the Board of Directors of Huhtamäki Oyj.
Rights and Responsibilities
Each of the largest shareholders maintains the right to appoint one member to the Nomination Board. This structure promotes fair representation and balance in decision-making. The Chair of the Board of Directors brings expertise to the group as an expert member.
The selection of board members follows the company's shareholder register status as of May 31 each year, ensuring that the most relevant stakeholders remain involved.
Role of the Shareholders' Nomination Board
The Nomination Board plays a critical role in preparing proposals for the Annual General Meeting, as well as any necessary Extraordinary General Meetings. These proposals include recommendations for the election and remuneration of Board of Directors members.
Contact Information for Insights
For any inquiries regarding this board and its operations, please reach out to:
Sami Pauni, Executive Vice President, Sustainability, Corporate Affairs and Legal, tel. +358 (0)10 686 7167.
About Huhtamaki
Huhtamaki is a prominent global provider of sustainable packaging solutions, committed to protecting consumer products worldwide. Their innovative offerings cater to food and beverage safety while promoting hygiene and reducing food waste. Huhtamaki’s values are grounded in care, daring innovation, and delivery of effective solutions.
With over a century of dedicated history, the company operates in 36 countries with around 18,000 professionals working across 102 locations. In 2024, Huhtamaki achieved impressive net sales of EUR 4.1 billion. The firm is publicly traded on the Nasdaq Helsinki, with its headquarters located in Espoo, Finland.
Frequently Asked Questions
What is the purpose of Huhtamaki's Shareholders' Nomination Board?
The board prepares proposals for the Annual General Meeting regarding the election and remuneration of Board members.
Who can appoint members to the Nomination Board?
The four largest shareholders of Huhtamaki have the right to appoint one member each.
How is the Chair of the Nomination Board determined?
The Chair is appointed from the representatives of the largest shareholders, ensuring experienced leadership.
What is the significance of the expert member?
The expert member, typically the Chair of the Board of Directors, provides valuable insights to guide nomination decisions.
How does Huhtamaki promote sustainability?
Huhtamaki focuses on creating sustainable packaging solutions that minimize waste and ensure product safety.
