Board of Directors

Board of Directors

The Board of Directors is in charge of the company’s management and of organising the operations as appropriate. The Board validates the principles concerning the company’s strategy, organisation, accounting and financial control and appoints the company’s CEO. The Board has confirmed the written agenda for its work, which determines the matters that should be handled by the board. The CEO is responsible for executing the company’s strategy and managing current matters in accordance with the instructions and regulations issued by the Board.

According to the company’s articles of association, the Board of Directors has at least three actual members, with seven being the maximum. The annual general meeting will make the decision concerning the board members and their number. The Board will elect a chair from among its members during its term of office. The term of office of the board members will end at the end of the annual general meeting that comes first after the election.

In addition, the Board of Directors has established an Audit Committee, Remuneration Committee and a Shareholders’ Nomination Board to assist the Board of Directors in the preparation and management of its duties and responsibilities.

TIMUR KÄRKI

CHAIRMAN OF THE BOARD OF DIRECTORS; CHAIRMAN OF THE REMUNERATION COMMITTEE, M.SC. (TECH.), BORN 1971

Timur Kärki has served as member and a Chairman of the Board of Directors since the Extraordinary General Meeting held on 11 December 2019. Kärki is one of the founders of Gofore and served as CEO from 2010–2019 and Head of Project Management from 2002–2010. Kärki previously worked as Technology Director at Wireless Artificial Intelligence Services Oy (2001–2002), as Production Manager and Senior Software Specialist (1999–2001) at Tietovalta / TJ Group, and as an expert for Sonera Oy (1997–1999). Kärki has been a member of the Board of Ilves Hockey Oy since 2017.

MAMMU KAARIO

CHAIRMAN OF THE AUDIT COMMITTEE, LAWYER TRAINED ON THE BENCH AND MBA, BORN 1963

Mammu Kaario has been a Board member since 2020. Kaario has a long experience as venture capitalist and private equity investor as well as investment banker. She is a member of the Board of Directors, amongst others, in the following companies: Aspo Oyj, CapMan Oyj, Ponsse Oyj and Robit Oyj.

STEFAN BAGGSTRÖM

MEMBER OF THE AUDIT COMMITTEE, MASTER OF SCIENCE (TECHNOLOGY), BORN 1973

Stefan Baggström has been a Board member since 2019. He works as a business manager, responsible for the health and wellbeing sector, and as a solutions architect at Gofore. Baggström has previous board experience with Movendos Oy. Previously, Baggström has held various roles in software development at Movendos Oy (2012–2016), GE Healthcare Finland Oy (2014–2015), and Nokia Oyj (1997–2012).

SAMI SOMERO

MEMBER OF THE NOMINATION, REMUNERATION AND AUDIT COMMITTEES, MASTER OF ARTS, BORN IN 1975

Sami Somero has been a Board member since 2014. Somero is a private investor and board member of several growth companies. Somero has been CEO of Nurmiranta Holdings Oy since 2002 and CEO of Central Office Finland Oy since 2011. Somero previously served as COO of Cybercom Finland Oy (2008–2010) and in business director positions at Almare and Plenware Groups (1999–2008). Somero has held the positions of trust as Chairman of the Board of Nurmiranta Holdings Oy since 2002 and the Chairman of the Board of Tamturbo Oy since 2011. He is a Board member at VividWorks Oy, Anders Innovations Oy, Central Office Finland Oy, Taipuva Consulting Oy since 2011, 7bros Oy since 2014, Nonono.io Oy since 2015 and Shoop Commerce Oy since 2016. Previously a Board member at Leadin Oy (2015–2017), for several companies in the Almare and Plenware Groups (1999–2008).

JUHA ETELÄNIEMI

A MEMBER OF THE REMUNERATION COMMITTEE, BACHELOR OF BUSINESS ADMINISTRATION, BORN 1977

Juha Eteläniemi has been a Board member since 2020. Eteläniemi works as a CIO for Oy Karl Fazer Ab. Prior to joining Fazer, Eteläniemi has worked, amongst others, at OpusCapita and Citycon performing managerial duties for digital and information technology management. Eteläniemi has more than 20 years’ experience of different IT related responsibilities including Chief Information Security Officer and project management responsibilities in international business organisations.