Proposals by Ahlstrom's Nomination Board to the Annual General Meeting 2015
(Thomson Reuters ONE) -
Ahlstrom Corporation STOCK EXCHANGE RELEASE January 28, 2015 at 9.30
Proposals by Ahlstrom's Nomination Board to the Annual General Meeting 2015
Ahlstrom's Shareholders' Nomination Board has made its proposal on the
composition and remuneration of the Board of Directors of the company.
Number of Board Members
The Nomination Board proposes that the number of Board members be seven. The
Board members are elected for the period ending at the close of the next Annual
General Meeting.
Composition of the Board of Directors
The Nomination Board proposes that Lori J. Cross, Anders Moberg, Markus Rauramo
and Panu Routila be re-elected. Esa Ikäheimonen, Board member since 2011, and
Daniel Meyer, Board member since 2013, have informed that they are no longer
available for re-election. Therefore, it is proposed that Alexander Ehrnrooth
(b.1974), Johannes Gullichsen (b.1964) and Jan Inborr (b.1948) be elected as new
members of the Board.
Alexander Ehrnrooth, M.Sc.(Econ.), MBA, is President & CEO of Virala Oy Ab and
Vimpu Intressenter Ab. He is Vice Chairman of the Board of Fiskars Corporation,
a Board member of Wärtsilä Corporation and Munksjö Oyj, and Chairman of the
Board of Aleba Corporation and Belgrano Idiomas Oy.
Johannes Gullichsen, B.Sc.(Engineering), MBA, is Board Member of Antti Ahlström
Perilliset Oy, Vice Chairman of Walter Ahlström Foundation, and an entrepreneur.
He has worked in senior positions at RAM Partners Oy, eQ Bank Oy, and has been a
Board member of Ahlström Capital Oy, RAM Partners Oy and RAM Partners
Alternative Strategies plc.
Jan Inborr, B.Sc.(Econ.), is Chairman of the Board of Antti Ahlström Perilliset
Oy and Board member of Enics AG, where he also was Chairman during 2004-2009. He
has been Board member of Vacon Oyj during 2002-2015 and Chairman during
2004-2011. He has been Deputy CEO of Ahlstrom Group 1994-2000 and held several
other senior positions in Ahlstrom Group during 1972-2000. He has been Board
member of Ahlstrom Corporation during 2001-2010 and CEO of Ahlström Capital Oy
during 2001-2008.
All nominees are considered independent of the Company and of the significant
shareholders of the Company, except for Panu Routila, who is not independent of
the significant indirect shareholder Ahlström Capital Oy, where he is President
and CEO; and Alexander Ehrnrooth, who is not independent of the Company's
significant shareholder Vimpu Intressenter Ab, where he is the President & CEO
and member of the Board.
All nominees have given their consent to the election. In addition, the nominees
have brought to the attention of the Nomination Board that if they become
elected, they will elect Panu Routila as Chairman and Jan Inborr as Vice
Chairman of the Board. The CV's of the proposed Board members are available on
the website of the company at www.ahlstrom.com.
Board Remuneration
The Nomination Board proposes that the remuneration of the Board members remains
unchanged. The remunerations are as follows:
Chairman EUR 84,000 per year
Vice Chairman EUR 63,000 per year
Chairman of the Audit Committee EUR 63,000 per year
Members EUR 42,000 per year
In addition, the proposed remuneration for attendance at Board meetings is EUR
1,500 per meeting for Board members residing outside Finland. As regards the
permanent Board committees and the Nomination Board, the proposed remuneration
for attendance at committee and the Nomination Board meetings is EUR 1,500 per
meeting. Travel expenses are reimbursed in accordance with the Company's travel
policy.
The Nomination Board comprises representatives of the three largest shareholders
of Ahlstrom as of May 31, 2014 and in addition, the Chairman of the company's
Board of Directors and a person nominated by the Board of Directors.
Nomination Board
Thomas Ahlström (Chairman), Alexander Ehrnrooth (Vimpu Intressenter Ab), Risto
Murto (Varma Mutual Pension Insurance Company), Panu Routila (Chairman of
Ahlstrom's Board) and Anders Moberg (member of Ahlstrom's Board).
For more information, please contact:
Liisa Nyyssönen
Vice President, Communications
Tel. +358 10 888 4757
Ahlstrom in brief
Ahlstrom is a high performance fiber-based materials company, partnering with
leading businesses around the world to help them stay ahead. Our products are
used in a large variety of everyday applications, such as filters, medical gowns
and drapes, diagnostics, wallcoverings, flooring and food packaging. We have a
leading market position in the businesses in which we operate. In 2013,
Ahlstrom's net sales amounted to EUR 1 billion. Our 3,500 employees serve
customers in 24 countries. Ahlstrom's share is quoted on the NASDAQ OMX
Helsinki. More information available at www.ahlstrom.com.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ahlstrom Oyj via GlobeNewswire
[HUG#1889991]
Unternehmensinformation / Kurzprofil:
Datum: 28.01.2015 - 08:30 Uhr
Sprache: Deutsch
News-ID 367371
Anzahl Zeichen: 5980
contact information:
Town:
Helsinki
Kategorie:
Business News
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