President and CEO

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. 

Kjell Forsén

Born 1958, L. Tech.
Vaisala's President and CEO, as well as Chair of the Management Group as of October 1, 2006. Previous employment at Ericsson, since 1986, where he had several managerial positions within the company, both in Finland and abroad. The latest position was President of Ericsson Finland.
Board member at Helvar Oy Ab, and at Technology Industries of Finland.

Salaries and other compensations

Basic salary in 2007 was 261.000 euros and other compensation 23 000 euros.
There was no compensation in shares or share warrants during fiscal year 2006.
Retirement age is 63 years, according to the Finnish law. The President and CEO has a compensation based retirement plan.

Notice period, severance pay and conditions of other severance compensations are 6 months for the employee, 12 months for the employer, compensation equal to the salary.