CEO and Management Committee

The CEO is in charge of the company's line operations in accordance with the instructions and regulations issued by the Board of Directors. Hannu Penttilä has been the company's CEO since 1 March 2001. The Board of Directors appoints the company's CEO and decides on the terms and conditions of his executive post, which are set forth in a written CEO agreement. Apart from the chief executive officer, the Board of Directors appoints the executive vice presidents and the other members of the Management Committee. Maisa Romanainen, director of the Department Store Division and Pekka Vähähyyppä, chief financial officer, have acted as the company's executive vice presidents since 6 November 2008.

The Group's Management Committee comprises the CEO, the executive vice presidents, the other directors of the divisions, the development director for the Group's international operations, as well as the director of legal affairs, who acts as secretary to the Management Committee. Headed by the CEO, the Management Committee is responsible for directing line operations and for preparing strategic and financial plans.

The shareholdings and share options of the members of the Management Committee including organizations under their control are shown in the Insider Register. Information on the main job experience of the members of the Management Committee are shown under the heading Information on the members of the Management Committee.

 

Hannu Penttilä (b. 1953) LL.M., CEO. Joined Stockmann's 1978, at the present position since 2001.	Pekka Vähähyyppä (b. 1960) M.Sc.(Econ.), EMBA, Executive Vice President, CFO. Joined Stockmann's 2000, at the present position since 2008.	Maisa Romanainen (b. 1967) M.Sc.(Econ.), Executive Vice President with responsibility for the Department Store Division. Joined Stockmann's 1996, at the present position since 2008.
Göran Bille (b. 1955) B.Sc.(Econ.), CEO, Lindex. Joined Stockmann's 2007, at the present position since 2004.	Nina Laine-Haaja (b. 1961) EMBA, Managing Director, Seppälä. Joined Stockmann's 1986, at the present position since 2012.	Lauri Veijalainen (b. 1968) Development Director for the Group's international operations. At Stockmann's 2010, at the present position since 2010.
Jukka Naulapää (b. 1966) LL.M., Director, legal affairs. Joined Stockmann's 1998, at the present position since 2006.