Mika Joukio, M. Sc. (Eng.), born in 1964, started as the Compnay's Chief Executive Officer on 1st October 2014. The CEO is responsible for the daily management of the Company’s administration according to the guidelines and instructions given by the Board. In addition, the CEO is responsible for ensuring that the Company’s accounting has been carried out according to applicable laws and that asset management has been organised in a reliable manner. The CEO manages the Company’s daily business and is responsible for controlling and steering the businesses.

The CEO has a written contract approved by the Board. The Board monitors the CEO’s performance and provides a performance evaluation once a year.

The contractual retirement age of the CEO is 62 years. The Company has commissioned an additional pension insurance policy for the CEO, covering the period between the contractual and statutory retirement age of 63 years and entitling the CEO to receive a pension compensation equal to 60 per cent of his salary at the time of retirement. According to Finnish pension legislation, a person has the option to retire between the ages of 63 to 68. The combined cost to the Company of the statutory pension contributions and voluntary pension insurance policies of the CEO amounted in 2015 to EUR 328,450 . In case the service relationship of the CEO is terminated prior to retirement, the CEO is entitled to a free policy.

The Board appoints and discharges the CEO. The Board can discharge the CEO without a specific reason. The CEO can also resign from his assignment. The mutual term of notice is six months. The Board may, however, decide to discharge the CEO without a period of notice. When the service contract of the CEO is terminated by the Board, the CEO is entitled to receive discharge compensation equal to his 12-month salary.

Deputy to the CEO

The Board can at its discretion appoint a Deputy to the CEO. The Deputy to the CEO is responsible for carrying out the CEO's tasks when the CEO in unable to perform his duties. For the time being no Deputy to the CEO has been appointed.

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See Also

Corporate management team

In the operative management of Metsä Board, the CEO is assisted by a Corporate Management Team, which consists of Mika Joukio, CEO, together with function heads Ari Kiviranta (Production and Technology), Seppo Puotinen (Marketing and Sales), Markus Holm (Finance), Sari Pajari (Business Development) and Susanna Tainio (Human Resources), who are all reporting to the CEO.

Each Corporate Management Team member has a written employment or service contract. With the exception of the CEO, members of the Corporate Management Team have no extraordinary pension arrangements which would deviate from applicable pension legislation. With the exception of the CEO, the term of notice of Corporate Management Team members is six months.

The Corporate Management Team’s tasks and responsibilities include planning investments, specifying and preparing the Company’s strategic guidelines, allocating resources, controlling routine functions as well as preparing several matters to be reviewed by the Board.

The Corporate Management Team convenes at the Chairman's invitation once a month, as a rule, and also otherwise when necessary.

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Mika Joukio, CEO

​b.1964
MSc (Tech), MBA
CEO

Key working experience:

  • Various positions in management tasks at Metsä-Serla and M-real (now Metsä Board) since 1990
  • Vice President and Mill Manager, M-real Äänekoski Board Mill (2001–2004)
  • Senior Vice President, Corporate Logistics and Supply Chain (2004–2005)
  • Vice President and Mill Manager, M-real Kyro Board and Paper Mill (2005–2006)
  • Vice President and Mill Manager, M-real Kyro Board and Paper Mill and M-real Tako Board Mill (2006)
  • M-real Corporation (now Metsä Board), Head of Consumer Packaging (2006–2012)
  • Metsä Tissue Corporation, CEO (2012–2014)

Shares owned in Metsä Board Corporation 31 Dec 2014: 68,552 B shares.

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Markus Holm

b. 1967
M.Sc. (Econ)
Chief Financial Officer

Joined Metsä Group in 2008 and Metsä Board in 2014. Member of the Corporate Management Team as of 2014. 

Main positions:

  • Huhtamäki Oyj, various managerial positions in finance, treasury, global sourcing and investor relations (1994–2004) in Finland and Brazil (1999–2002)
  • GlaxoSmithKline Oy, Finance and ICT Director (2005-2008)
    Metsä Tissue Corporation, Chief Financial Officer (2008–2013)
  • Metsä Board Corporation, Chief Financial Officer (2014–)

Shares owned in Metsä Board Corporation 31 Dec 2014: 16,660 B shares.

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Ari Kiviranta

b. 1963
D.Sc. (Tech)
Senior Vice President, Production and Technology

Worked in Metsä-Serla (present Metsä Board) in 1993–1995 and joined the company again in 1999. Member of the Corporate Management Team since 2014.

Main positions:

  • Metsä-Serla Paper and Board Ltd. (present Metsä Board), Development Manager (1993–1995)
  • Valmet Corporation, USA, Manager, R&D (1995–1997)
  • Valmet Corporation, Manager, Product Development (1997–1999)
  • Metsä-Serla Corporation, Manager, Process Development (1999–2001)
  • M-real Corporation (present Metsä Board), Vice President, R&D (2001–2004)
  • M-real Zanders GmbH, Head of Production (2004–2008)
  • M-real Corporation, Vice President, R&D, Consumer Packaging business area (2008–2012) and mill manager, M-real Kyro and M-real Tako (2009–2010)
  • Metsä Board Zanders GmbH, Vice President, Mill Manager (2012–2013)
  • Metsä Board Zanders GmbH, Managing Director (2012–2013)
  • Metsä Board Corporation, Senior Vice President, Head of Cartonboard business area (2014)
  • Metsä Board Corporation, Senior Vice President, Production and Technology (2015–)

Shares owned in Metsä Board Corporation 31 Dec 2014: no ownership.

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Sari Pajari

b. 1968
M.Sc. (Tech)
Senior Vice President, Business Development

Joined Metsä Group in 2007 and Metsä Board in 2011. Corporate management team member as of 2011.

Main positions:

  • Jaakko Pöyry Consulting, various positions (Consultant, Senior Consultant, Vice President) in Finland and USA (1990–2000)
  • PwC Management Consulting, Principal Consultant (2000–2002)
  • IBM Corporation, Principal Consultant and Business Development Executive (2002–2007)
  • Metsäliitto Group, Director, Group ICT (2007–2009)
  • Metsäliitto Group, CIO, Senior Vice President (2009–2011)
  • Metsä Board Corporation, Senior Vice President, Business Development (2011–)
  • Tieto Corporation, member of the Board (2012–)

Shares owned in Metsä Board Corporation 31 Dec 2014: 9,000 B shares.

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Seppo Puotinen

b. 1955
Lic Tech
Senior Vice President, Marketing and Sales

Worked in Metsä-Serla in 1986–2000 and joined Metsä Board again in 2004. Corporate management team member as of 2005.

Main positions:

  • Metsä-Serla Corporation, various positions in business development, marketing and operational responsibility: i.e. Vice President, Cartons Division, Corrugated and Folding Carton operations (1986–1999)
  • SCA Packaging Finland Oy, Managing Director, Finland, Russia and the Baltic countries (2000–2002)
  • SCA, President, Containerboard Division (2002–2004)
  • M-real Corporation, Executive Vice President, Corporate Strategy & Sales Services (2004–2005)
  • Metsä Board Corporation, Senior Vice President, Head of Linerboard and Paper business area (2005–2014)
  • Metsä Board Corporation, Senior Vice President, Marketing and Sales (2015–) and Vice President and Mill Manager, Metsä Board Husum (2009–)

Shares owned in Metsä Board Corporation 31 Dec 2014: 1,000 A shares, 45,000 B shares.

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Susanna Tainio

b. 1975
Phil. Lic. (Comm)
Senior Vice President, Human Resources

Joined Metsä Board in 2011. Member of the Corporate Management Team as of 2015.

Main positions:

  • Oy Sinebrychoff Ab, Human Resources Development Manager (2007–2011)
  • Oy Sinebrychoff Ab, Head of HR Development (2011)
  • Metsä Board Corporation, Vice President, Human Resources, Consumer Packaging business area (2011–2012)
  • Metsä Board Corporation, Vice President, Human Resources, Paperboard business area, and Group HRD Services at Metsä Group (2012)
  • Metsä Board Corporation, Vice President, Human Resources (2012–2014)
  • Metsä Board Corporation, Senior Vice President, Human Resources (2015–)

Shares owned in Metsä Board Corporation 31 Dec 2014: no ownership

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