/Annual report 2009
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. The President's 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. |
|
Kjell Forsén (b. 1958), President and CEO Kjell Forsén has been Vaisala's President and CEO, as well as Chair of the Management Groups since October 1, 2006. Before joining Vaisala, he was President of Ericsson Finland, and prior to that worked in Ericsson in managerial positions, both in Finland and abroad (1986-2006). Salaries and other compensations in 2009: Basic salary 422.000 euros and other compensation 194.000 euros. There was no compensation in shares or share warrants during 2009. |
 |