Committees of the Valmet's Board of Directors
The Board of Directors of Valmet Corporation has held its organizing meeting after the Annual General Meeting 2015. The Board of Directors has noted that all Board members are independent of the company and independent of the company's significant shareholders. Valmet's definition of Board members' independence complies with the Finnish Corporate Governance Code.
In its organizing meeting, the Board of Directors of Valmet Corporation has elected the members of the Audit Committee and the Remuneration and HR Committee from amongst its members.
The members of the Audit Committee are Lone Fønss Schrøder (Chairman), Friederike Helfer and Erkki Pehu-Lehtonen.
The members of the Remuneration and HR Committee are Bo Risberg (Chairman), Mikael von Frenckell and Pekka Lundmark.
Eija Lahti-Jäntti will participate in the meetings of Valmet's Board of Directors as the personnel representative elected by Valmet's personnel groups in Finland. She will participate in the meetings of Valmet's Board of Directors as an invited expert, and her term of office is the same as the Board members' term.
Further information, please contact:
Rasmus Oksala, General Counsel, Valmet Corporation, tel. +358 10 672 0026
Hanna-Maria Heikkinen, Vice President, Investor Relations, Valmet Corporation, tel. +358 10 672 0007
VP, Investor Relations
Valmet Corporation is a leading global developer and supplier of services and technologies for the pulp, paper and energy industries. Our 10,500 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day.
Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. Our strong technology offering includes entire pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production.
Valmet's net sales in 2014 were approximately EUR 2.5 billion. Valmet's objective is to become the global champion in serving its customers.
Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.
Follow Valmet IR in Twitter www.twitter.com/valmetir