25.03.2014
Itella Corporation's Annual General Meeting (AGM) was held in Helsinki on March 25, 2014. The AGM adopted the financial statements for 2013, as well as discharged the members of the Supervisory Board and the Board of Directors and the President and CEO.
Board of Directors
Itella's Board of Directors consists of eight members.
The AGM re-elected the following Board members: M.Sc. (Econ.) Arto Hiltunen, Country Director Jussi Kuutsa, CFO Päivi Pesola, Executive Vice President Riitta Savonlahti and Managing Director Suvi-Anne Siimes.
The AGM elected Mölnlycke Health Care's Global Supply Chain Planning Director Petri Järvinen, Google Deutschland GmbH's Director, Retail Petri Kokko and Senior Financial Specialist Marja Pokela from the Government Ownership Steering as new members of the Board of Directors.
Arto Hiltunen will continue as the Chairman and Päivi Pesola as the Vice Chairperson.
Supervisory Board
Itella's Supervisory Board consists of twelve members.
The AGM re-elected MP Ritva Elomaa (True Finns), MP Lars-Erik Gästgivars (The Swedish People´s Party), MP Maria Guzenina-Richardson (Social Democratic Party), student Sari Moisanen (the Left Alliance), MP Outi Mäkelä (National Coalition Party), entrepreneur Reijo Ojennus (True Finns), MP Mauri Pekkarinen (Centre Party), MP Raimo Piirainen (Social Democratic Party), MP Tuomo Puumala (Centre Party), Executive Manager Teuvo V. Riikonen and MP Kimmo Sasi (National Coalition Party) as members of Supervisory Board.
MP Satu Haapanen (the Greens of Finland) was elected as a new member of the Supervisory Board.
Mauri Pekkarinen will continue as the Chairman of Supervisory Board. Satu Haapanen was elected as the Vice Chairperson.
Dividends
The AGM approved the Board of Directors' proposal regarding the payment of dividends. Dividends will not be paid and the profit for the period will be transferred to deductions from retained earnings.
Auditor
PricewaterhouseCoopers Oy, a firm of authorized public accountants, was elected as Itella's new auditor, with Merja Lindh, Authorized Public Accountant, as the principal auditor.
Remuneration
Board of Directors will receive a monthly compensation and a meeting compensation. Supervisory Board will receive a meeting compensation.
Further information President and CEO Heikki Malinen and the Secretary of the Board of Directors Pekka Leskinen, tel. +358 20 452 3366 (MediaDesk)
Itella is your first choice for postal, logistics and e-commerce services. We manage the flow of commerce and everyday life in 11 countries. Our net sales in 2013 amounted to EUR 1,977 million. We employ approximately 26,000 members of staff. We deliver corporate services under the Itella brand, while the Posti brand is used for services targeted at consumers in Finland. www.itella.com.