Understanding the Nomination Board Structure at Siili Solutions
The Composition of Siili Solutions Plc's Nomination Board
Siili Solutions Plc is renowned for its innovative approach in AI-powered digital development. A key component of its governance structure is the Shareholders’ Nomination Board, which plays a crucial role in shaping the leadership of the company. This board comprises five members, representing both the shareholders and the expertise within Siili.
Who Makes Up the Nomination Board?
The composition of the Shareholders’ Nomination Board is determined by the four largest shareholders of Siili Solutions Plc, each with the right to nominate one representative. In addition to these nominees, the Chair of the Board of Directors takes an essential position as the fifth member, offering valuable insights and expertise.
Responsibilities of the Nomination Board
The primary function of the Shareholders’ Nomination Board is to prepare proposals for the Annual General Meeting (AGM). These proposals include the number of directors to be appointed, the selection of candidates, and their associated remuneration. By engaging in this preparatory work, the Nomination Board ensures that the company is led by qualified individuals who align with Siili's strategic goals.
Members of the Shareholders’ Nomination Board
As of its recent meetings, the members of the Nomination Board are:
- Heikki Westerlund, representing Lamy Ltd.
- Niko Syrjänen, from Elo Mutual Pension Insurance Company.
- Timo Luhtaniemi, associated with Erina Oy.
- Esko Torsti, representing Ilmarinen Mutual Pension Insurance Company.
- Harry Brade, serving as the Chair of the Board of Directors for Siili Solutions Plc.
During their last organizing meeting, Heikki Westerlund was elected as the Chair of the Nomination Board. This leadership role will influence the strategic direction of Siili Solutions as they prepare for the upcoming AGM.
Upcoming Proposals and Future Governance
The Nomination Board is tasked with submitting its recommendations regarding the AGM to the Board of Directors by a specific deadline. This proactive approach reflects Siili's commitment to strong governance and accountability. With a deadline set for January 31, 2025, the board is working diligently to ensure that the proposals align with shareholders' interests and the company's growth trajectory.
About Siili Solutions Plc
Siili Solutions is a standout player in the digital transformation space, powered by artificial intelligence technologies. The company focuses on enabling its clients to achieve sustainable growth and operational efficiency through cutting-edge digital solutions. Operating mainly in Finland, the Netherlands, the United Kingdom, and Germany, Siili continues to adapt and thrive in an ever-changing digital landscape. Since its inception in 2005, the company has shown consistent and profitable growth, becoming a trusted partner for numerous organizations looking to leverage digital advancements.
Contact Information
For more details about the latest developments and initiatives at Siili Solutions, you can reach out to Harry Brade, the Chair of the Board of Directors, via telephone at +358 40 844 6704.
Frequently Asked Questions
What is the role of the Nomination Board at Siili Solutions?
The Nomination Board prepares proposals for the AGM regarding board member selections and their remuneration.
Who are the members of the Nomination Board?
The board consists of Heikki Westerlund, Niko Syrjänen, Timo Luhtaniemi, Esko Torsti, and Harry Brade.
When will the Nomination Board submit their proposals?
The proposals will be submitted to the Board of Directors by January 31, 2025.
How does Siili Solutions contribute to digital transformation?
Siili Solutions offers AI-driven digital development services, helping clients innovate and grow in various industries.
What markets does Siili Solutions operate in?
Siili operates primarily in Finland, the Netherlands, the United Kingdom, and Germany.
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