The Board of Directors appoints the President and CEO. The President and CEO is responsible for the day-to-day management of the company in accordance with the guidelines and instructions given by the Board of Directors and informs the Board of Directors of the development of the company’s business and financial situation. The President and CEO is responsible for ensuring that the company’s accounting is legally compliant and that its financial affairs have been arranged in a reliable manner.
Kai Öistämö has been the President and CEO of Vaisala as well as the Chair of Vaisala Management Group since October 1, 2020. He was born in 1964 and holds a Ph.D. degree in computer science.
The President and CEO is the Chair of the Leadership Team. The Leadership Team comprises eight members. The Leadership Team meets at least once a month to assist the President and CEO in developing and implementing the strategy, managing operational business, as well as preparing matters handled by the Board. The Leadership Team draws up annual operational and financial plans as well as targets related to these plans, monitors the implementation of the plans, and prepares major investments and acquisitions. The President and CEO is responsible for the decisions made by the Leadership Team.
Members of the Leadership Team are responsible for implementing the decisions in their own areas of responsibility. Members of the Leadership Team are the President and CEO, the Executive Vice Presidents of both business areas, the Chief Financial Officer, the Executive Vice President of Operations, the Executive Vice President of Operational Excellence, the Executive Vice President of Human Resources, as well as the Group General Counsel. The General Counsel acts as secretary to the Leadership Team.
On November 3, 2022, Vaisala appointed Heli Lindfors as Chief Financial Officer as Kaarina Muurinen will be retiring. Heli Lindfors, M.Sc. (Econ.), will start in her position latest on May 1, 2023.
Corporate Governance Statement 2022
President and CEO, Chair of the Leadership Team
Executive Vice President, Industrial Measurements Business Area
Executive Vice President, Human Resources
Chief Financial Officer
Executive Vice President, Operational Excellence
Executive Vice President, Operations
Executive Vice President, Weather and Environment Business Area
Executive Vice President, Group General Counsel