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. Previously President of Ericsson Finland. Employed by Ericsson since 1986, several managerial positions, both in Finland and abroad.
Board member at Helvar Oy Ab, and at Technology Industries of Finland.
Salaries and other compensations: Basic salary in 2008 was 326.000 euros and other compensation 72.000 euros. There was no compensation in shares or share warrants during fiscal year 2008.
Retirement age is 62 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.