Timo chairman22 Oct 2025 19:34
Https://faron.com/investors/governance/board-committees/
Shareholders’ Nomination Board
The nomination committee considers succession planning for Directors and other senior executives in the course of its work, bearing in mind the challenges and opportunities facing the Company and the skills and expertise needed on the Board in the future, and makes recommendations to the Board concerning formulating plans for succession for both Executive and Non-Executive Directors and in particular for the key roles of Chairman and Chief Executive Officer.
The Shareholders’ Nomination Board prepares and presents proposals to the Annual General Meeting on the number, composition and remuneration of the members of the Board as well as the Chair of the Board of Directors.
Faron’s Shareholders’ Nomination Board consists of three members, which represent the Company’s shareholders. The Chair of Faron’s Board of Directors, Mr. Tuomo Pätsi, will serve as an expert in the Nomination Board without being a member.
As of 5 November 2024, the nomination committee comprises Timo Syrjälä representing himself as Chair and Erkka Kohonen, representing Varma Mutual Pension Insurance Company, and Joonas Haakana, representing UMO Capital, as the other members