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Corporate Governance

The Vaisala Group's corporate governance system is based on the Finnish Limited Liability Companies Act and Vaisala Oyj's Articles of Association. The company complies with the recommendations and instructions for listed companies issued by NASDAQ OMX Helsinki Ltd and the Finnish Financial Supervisory Authority.
 
The Vaisala Group's parent company, Vaisala Oyj (Business ID 0124416-2), is incorporated and domiciled in Finland. The company's A shares are listed on NASDAQ OMX Helsinki Ltd.
 
Vaisala complies with the Finnish Corporate Governance Code published by the Securities Market Association on June 15, 2010. The code is available on the Securities Market Association website  www.cgfinland.fi. The company's policy deviates from the recommendation concerning the term of Board members in accordance with the latter part of the Code’s Comply or Explain principle.
 
Vaisala Board established an audit committee in its meeting on February 8, 2012. The committee consists of the committee's chairman and two members.
 

Vaisala Board Of Directors


In 2011, the memebers of  Vaisala's Board of Directors were (from the left): Timo Lappalainen, Raimo Voipio (chairman), Stig Gustavson, Mikko Voipio, Maija Torkko, Yrjö Neuvo and Mikko Niinivaara.