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The Board of Directors of Vaisala Corporation decides on the compensation of the President and CEO. The Board of Directors also decides on management compensation, based on a proposal from the President and CEO.
The current performance-based compensation system comprises:
- a bonus scheme, with a maximum bonus corresponding to 4-6 months' pay
- a profit and share-based incentive program (term and conditions of which have been published in a stock exchange release October 29, 2004)
- Vaisala Oyj 2000 warrant program ended on January 31, 2006.
The salaries and other benefits paid to the President and CEO are listed in the President & CEO section. Vaisala does not have a full-time Chairman of the Board.
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