Suominen Corporation's Nomination Board Composition
Suominen Corporation has announced the nominees for its Shareholders’ Nomination Board, representing the three largest registered shareholders. This board plays a vital role in preparing proposals concerning the company’s Board of Directors.
Nominated Key Members
The individuals nominated are as follows:
- Jyrki Vainionpää, President & CEO of A. Ahlström Oy, nominated by Ahlstrom Capital B.V.
- Mikael Etola, CEO of Etola Group Oy, nominated by Etola Group Oy
- Peter Seligson, Chair of the Board of Directors of A. Ahlström Oy, nominated by Oy Etra Invest Ab.
In addition, Charles Héaulmé, who chairs Suominen’s Board of Directors, will serve as the fourth member of the Nomination Board.
Responsibilities and Nomination Process
The eligible shareholders for appointing these members were determined based on their registered holdings in the company’s shareholder register as of a recent date. The Nomination Board is responsible for preparing proposals regarding the number, composition, and remuneration of the Board of Directors, which will be presented at the Annual General Meeting.
These proposals must be submitted to the Board of Directors by February 1, prior to the Annual General Meeting, allowing for adequate review before significant corporate governance decisions are made.
About Suominen Corporation
Suominen Corporation is a leader in manufacturing nonwovens for a variety of applications, including wipes. The company is dedicated to innovation and sustainability within the nonwovens sector. In 2023, Suominen reported net sales of EUR 450.9 million, backed by a committed team of nearly 700 professionals across Europe and the Americas. The company's shares are traded on Nasdaq Helsinki under the ticker SUY1V.
Contact Details
If you have any questions, please contact Anni Luoma, Interim Head of Legal at Suominen Corporation, at tel. +358 (0)10 214 300 for assistance.
Frequently Asked Questions
What is the role of the Shareholders’ Nomination Board?
The Nomination Board is responsible for preparing proposals regarding the composition and remuneration of the Board of Directors for the Annual General Meeting.
Who are the current members of the Nomination Board?
The current members are Jyrki Vainionpää, Mikael Etola, Peter Seligson, and Charles Héaulmé.
When does the Nomination Board submit its proposals?
The Nomination Board must submit its proposals by February 1 before the Annual General Meeting.
What industries does Suominen Corporation operate in?
Suominen Corporation operates in the nonwovens industry, producing items like wipes and various roll goods.
How can I contact Suominen Corporation for more information?
You can reach out to Anni Luoma, Interim Head of Legal, at +358 (0)10 214 300 for any inquiries related to the company.
