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Vaisala's President and CEO is appointed by the Board. The CEO manages the company in accordance with the instructions and orders given by the Board, and informs the Board of the development of the company's business and financial situation. The CEO is also responsible for organizing the company's management.
Holdings of the permanent insiders
President & CEO
| Pekka Ketonen, b. 1948, D, Tech.(h.c.) | ||
| Domicile: Helsinki, Finland Principal occupation: President & CEO, Vaisala Oyj Employment history: Teleste Oy: 1971-1991, latest position CEO Other simultaneous positions of trust: Technical Research Centre of Finland (VTT): Chairman of the Board, Elisa Oyj: Board Member, Technology Industries of Finland: Board Member, Confederation of Finnish Industries: Board Member Corporate Management Group Chairman as of: 1992 Salaries and other compensation: Basic salary and other compensation EUR 615 000 Compensation in shares and share warrants during fiscal year 2005: - |
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Retirement age and benefits: 65 years, according to Finnish law. Notice period, severance pay and conditions of other severance compensations: 6 months for the employee, 12 months for the employer, compensation equal to the salary. |
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