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Governance

Principles of Governance

byelaws.jpgHonkarakenne Oyj follows the governance rules set by the Finnish General Corporation Laws, Helsinki Stock Market, Central Chamber of Commerce, and Confederation of Finnish Industry and Employers.

General Meeting

The highest managing organ of Honkarakenne Oyj is the general meeting. It is assembled once a year. The agenda of the meeting is set by the Finnish General Corporation Laws and the corporate byelaws.

Yhtiojarjestys.pdf Corporate Byelaws (in Finnish)

Board of Directors

The Board of Directors is responsible of the governance and proper operations of Honkarakenne Oyj. There are 3–8 members in the board according to the corporate byelaws. The members are selected in the annual general meeting. The term of the board ends in the next general meeting.

The members are paid a monthly fee of 1,200 euro and the chairman a monthly fee of 5,000 euro. The fees are according to the decision of the general meeting on Apr. 3, 2009. Additionally, the members are paid for the travel expenses and expense allowances according to the Finnish law.

The board was assembled 15 times in 2008. All the members were present in all meetings.

Board Members (since Apr. 3, 2009)

Lasse Kurkilahti © Kemira Oyj

Lasse Kurkilahti
Chairman

  • Born in 1948
  • M.Sc. (Econ.), Turun kauppakorkeakoulu, 1971
  • Raisio Yhtymä Oyj, CEO, 2000-2001; Elcoteq Network Oyj, CEO 2001-2003; Kemira Oyj, CEO 2004-2007
  • Board memberships: SRV Yhtiöt Oyj, vice-chairman, 2006-;
    Reachlaw Oy, chairman, 2008-; FIM Oy 2008-
  • Knight, First Class, of the Order of the Lion of Finland, 1997; Honorary Mining Counsellor, 2006
  • The member is independent of the company and the principal shareholders
  • Holds 33,000 Honkarakenne B shares
Tomi Laamanen

Tomi Laamanen  

  • Born in 1968
  • M. Sc. (Tech.) 1993, M. Sc. (Econ.) 1997, Doctor of Technology 1997, Doctor of Economic Sciences 2002
  • City of Helsinki Transport Services 1990–1991, Hewlett-Packard 1991–1992, VTT 1992, Innopoli 1992–1993, Helsinki University of Technology 1993–2004, various duties
  • Helsinki University of Technology, Professor of Strategic Management 1997-
  • Board memberships: SSH Communications Security Oyj, Systems Garden Oy, Stratwin Oy, Emtele Oy, Halton Group Oy, Helsingin Seudun Osuuspankki Oyj, Honkarakenne Oyj 2007-
  • Strategic consultation in over 20 companies, number of research projects for Finnish Academy, Tekes, and Sitra
  • The member is independent of the company and the principal shareholders
  • Holds 1,200 Honkarakenne B shares
Mauri Niemi

Mauri Niemi   

  • Born in 1945
  • Engineer 1968, Leadership Training Programme 1976, Management Institute 1984, Harward University Graduate School (International Senior Management Program) 1989
  • Insinöörirakentajat Oy, Managing Director 1982-1985; OMP-Yhtymä Oy, Managing Director 1985-1986; Maa- ja Vesirakennus Haka Oy, Managing Director 1989; Haka Oy, Int'l Operations Director, Deputy Executive Officer 1989-1994; Skanska Suomi Oy, Managing Director 1994-2000; Skanska Oy, Chief Executive Officer 2001-2004; Privatum Oy, Chairman of the Board 2004-
  • Board memberships: Normek Oy 1994-, AI-Yhtiö Oy 2005-, Honkarakenne Oyj 2006-, Kuvataideakatemia 2007-, HUS Kiinteistöt 2008-
  • The member is independent of the company and the principal shareholders
  • Holds 9,000 Honkarakenne B shares 
    Privatum Oy holds 20,000 Honkarakenne B shares
Marko Saarelainen

Marko Saarelainen

  • Born in 1967
  • Hokusei Gakuen University, Sapporo, 1987; Sapporo Int’l Language Institute, Sapporo, 1991
  • Honka Japan Inc. 1991-; Honka Japan Inc., CEO 1996-
  • Board memberships: KK Finland Village, 1994-; Finnish Chamber of Commerce in Japan 1996-, vice-chairman 2008-2009, chairman 2009-
  • Holds 4,880 Honkarakenne B shares
Mauri Saarelainen

Mauri Saarelainen

  • Born in 1949
  • Vocational Qualification in Business and Administration 1969, Engineer 1976
  • Honkarakenne Oy, since 1969: Sales Manager, Design Manager, Export Manager
  • Deputy Executive Officer, Honkarakenne Oy, 1986-1994
  • Chief Executive Officer, Honkarakenne Oyj, 1994-2004
  • Board memberships: Metsäteollisuus ry, PW-Windows Oy
  • Holds 10,456 Honkarakenne A shares and 23,960 B shares
Pirjo Ruuska

Pirjo Ruuska

  • Born in 1956
  • Civil Engineer 1979; Entrepreneur Examination 2006
  • Honkarakenne Oyj: Designer, Delivery Operator 1981-2005; Managing Director, Epira Oy 2004-; Managing Director, Puulaakson Puru Oy 2005
  • Board memberships: Saarelaisten sukuseura ry 2003; Epira Oy 2004-; Puulaakson Puru Oy 2005
  • The member is independent of the company and the principal shareholders
  • Holds1,530 Honkarakenne A shares and 76,216 B shares