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Board of Directors

In accordance with Vaisala Oyj's Articles of Association, the Vaisala's Board of Directors comprises at least three (3) and at most six (6) members. According to current practice, the Board comprises six (6) members. All Board members are appointed by the Annual General Meeting. The Board chooses a Chairman and a Vice Chairman from its members.

Term of office of members of the Board

In deviation from recommendation no. 12 of the Corporate Governance Recommendation for Listed Companies, the term of office of members of the Board is not one year. According to the Articles of Association, the term of office is 3 years. The term of office begins after the meeting in which the member is elected, and ends after three (3) subsequent Annual General Meetings.

Meetings of the Board

The Board of Directors had 9 meetings in 2007. An average of 94 per cent of the Board members were present at the meetings.

Members of the Board

Raimo Voipio
Chairman

Born 1955. M.Sc. (Eng.)
Member of Vaisala’s Board of Directors since 1989, Chairman since 1994. Voipio's term as Board Chairman ends in 2008. Fees were 20.000 euros in 2007.
Principal occupation: board memberships in technology companies. Previous employment history contains various product marketing positions at Nokia Oyj, and in private telephone companies.
Board member in Space System Finland Oy and IST International Security Technology Oy.

Yrjö Neuvo
Vice Chairman

Born 1943. Ph.D. Cornell University
Member of Vaisala's Board of Directors since 1989, term ends in 2010. Fees were 20.000 euros in 2007.
Principal occupation: various specialist tasks. Previously as Technology Advisor in Nokia Oyj 2006-2007, member of Nokia Group Executive Board in 1993–2005, where responsible for product development of mobile phones. National Research Professor in Academy of Finland, 1984–1992.
Member of the Board of Directors in Metso Oyj. Chairman of the Board in The Foundation of Technology, and Vice Chairman in Metropolia Polytechnic. Member of the Advisory Board of Tampere University of Technology, and Chairman of the Board at Artemis European Technology Platform, as well as of Scientific Advisory Board at VTT Technical Research Centre of Finland. Member of Cornell University Council, of the Finnish Science Centre Foundation (Heureka), and in the Board of the Millennium Prize Foundation. Chairman of the Board at Finnish Centre of Expertise Program.

Stig Gustavson
Member

Born 1945. M. Sc. (Eng), Dr. Tech. (h.c.)
Member of Vaisala's Board of Directors since 2006, term ends in 2009. Fees were 20.000 euros in 2007.
Principal occupation as Chairman of Konecranes Plc Board. Previously employed at KONE Oyj, Sponsor Oy, RAY and Wärtsilä Oyj. President and CEO in Konecranes in 1994-2005.
Chairman of the Board at Dynea Oy, Svenska Handelsbanken (Finland), Tammet Oy, Arcada Foundation and Cramo Oyj.  Board memberships in Fastems Oy and Mercantila Ab. Chairman of the Supervisory Board of Tampere Technical University and member of the Supervisory Board of the Varma Mutual Pension Insurance Company.

Mikko Niinivaara
Member

Born 1950. M. Sc. (Eng)
Member of Vaisala's Board of Directors since 2002, term ends in 2008. Fees were 20.000 euros in 2007.
Principal occupation as President and Country Manager at ABB Oy. Previous employment as President at ABB Industry 1999-2001, Division Director of ABB Ltd Zürich in 1993-1998. Various managerial positions at ABB Group 1984-1993.
Board Member at ABB Oy, Member of Executive Board and Chairman of the Competitiveness Working group at Technology Industries of Finland. Board Member at Confederation of Finnish Industries, Energiaforum ry, Board Member of Advisory Board at Helsinki University of Technology.

Maija Torkko
Member

Born 1946. M.Sc. (Econ.), LL.M.
Member of Vaisala's Board of Directors since 2007, term ends in 2010. Fees in 2007 were 20.000 euros.
Previous work experience at Nokia Oyj as CFO until 2006.

Mikko Voipio
Member

Born 1960. M. Sc. (Eng)
Member of Vaisala's Board of Directors since 1994, term ends in 2009. Fees in 2007 were 20.000 euros.
Principal occupation as Scientist, previously in Research and Development positions in software and telecom business.
Member of the Board at Fontus Oy and at Novametor Oy. 

The secretary of the Vaisala Board of Directors is Matti Kari, L.LM, Attorney at Law