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KONECRANES NOMINATION AND COMPENSATION COMMITTEE'S PROPOSAL FOR COMPOSITION AND COMPENSATION OF THE BOARD OF DIRECTORS

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KONECRANES PLC  STOCK EXCHANGE RELEASE   February 4, 2010 at 9.00 a.m.          
KONECRANES NOMINATION AND COMPENSATION COMMITTEE'S PROPOSAL FOR COMPOSITION AND 
COMPENSATION OF THE BOARD OF DIRECTORS                                          

PROPOSAL ON BOARD COMPOSITION                                                   

Konecranes's Nomination and Compensation Committee proposes to the Annual       
General Meeting of Shareholders on March 25, 2010 the number of Board members be
eight.                                                                          

The Committee proposes that all current Board members be re-elected as members  
of the Konecranes Board of Directors for a term until the close of the Annual   
General Meeting in 2011: Mr Svante Adde, Mr Tomas Billing, Mr Kim Gran, Mr Stig 
Gustavson, Mr Tapani Järvinen, Mr Matti Kavetvuo, Ms Malin Persson and Mr Mikael
Silvennoinen.                                                                   

The Committee's aim is to see to that the number of the directors and the       
composition of the board shall make it possible for the board to discharge its  
duties in an efficient manner. The composition shall take into account the needs
of the company operations and the development stage of the company.             

CVs of the proposed Board members are attached.                                 

All candidates have given their consent to the election.                        

With the exception of Mr Stig Gustavson, the candidates are deemed to be        
independent of the company under the Finnish Corporate Governance Code. Mr      
Gustavson is deemed dependent of the company based on the Board's overall       
evaluation relating to his former and current positions in Konecranes combined  
with his substantial shareholding in the Company.                               

All candidates are independent of significant shareholders of the company.      

COMPENSATION OF THE BOARD OF DIRECTORS                                          

The Nomination and Compensation Committee proposes that the remuneration payable
to the members of the Board to be elected at the Annual General Meeting for the 
term until the close of the Annual General Meeting in 2011 be unchanged from    
2009 as follows: Chairman of the Board EUR 100,000, Vice Chairman of the Board  
EUR 64,000 and other Board Members EUR 40,000. The Committee proposes that      
approximately 40 percent of the annual remuneration be paid in Konecranes's     
shares purchased from the market. The remuneration may be paid also by          
transferring company's own shares based on the authorisation given to the Board 
of Directors. In case the purchase of shares cannot be carried out due to       
reasons related to either the company or the Board member, the annual           
remuneration shall be paid fully in cash. In addition, compensation of EUR 1,500
per meeting is proposed for attendance at Board committee meetings. No          
remuneration will be paid for Board members employed by the Company. Travel     
expenses of Board members are compensated for against receipt.                  


KONECRANES PLC                                                                  


Miikka Kinnunen                                                                 
Director, Investor Relations                                                    


FURTHER INFORMATION                                                             
Miikka Kinnunen, Director, Investor Relations tel. +358 (0)20 427 2050          


Konecranes is a world-leading group of Lifting Businesses™, serving a broad     
range of customers, including manufacturing and process industries, shipyards,  
ports and terminals. Konecranes provides productivity-enhancing lifting         
solutions as well as services for lifting equipment and machine tools of all    
makes. In 2008, Group sales totaled EUR 2,103 million. The Group has 9,700      
employees, at 485 locations in 43 countries. Konecranes is listed on the NASDAQ 
OMX Helsinki Ltd (symbol: KCR1V).                                               


DISTRIBUTION                                                                    
NASDAQ OMX Helsinki                                                             
Media                                                                           
www.konecranes.com                                                              


ATTACHMENT:                                                                     

ADDITIONAL INFORMATION RELATING TO THE PROPOSAL BY THE NOMINATION AND           
COMPENSATION COMMITTEE FOR COMPOSITION OF THE BOARD OF DIRECTORS                

Stig Gustavson b. 1945                                                          
Chairman of the Board since 2005                                                
Board member since 1994 and member of the Nomination and Compensation Committee 
since 2006                                                                      
Dependent of the company                                                        
Independent of significant shareholders                                         
M.Sc. (Eng.), Dr.Tech. (hon.)                                                   

Primary working experience                                                      
President and CEO, KCI Konecranes Plc 1994 - 2005; President, KONE Cranes       
division 1988 - 1994. Holder of various executive positions at KONE Corporation 
1982 - 1988, Sponsor Oy 1978 - 1982, RAY (Raha-Automaattiyhdistys) 1976 - 1978  
and Wärtsilä Oy Ab 1970 - 1976                                                  

Other current key positions of trust                                            
Chairman of the Board: Handelsbanken Regional Bank Finland, Dynea Oy, Arcada    
Foundation, Cramo Plc, The Technology Academy Foundation; Vice-Chairman of the  
Board, Oy Mercantile Ab; Member of the Board, Vaisala Corp-; Member of the      
Supervisory Board, Varma Mutual Pension Insurance Company and Senior Industrial 
Advisor of IK Investment Partners                                               

Shares 2,036,772                                                                


Svante Adde b. 1956                                                             
Board member since 2004 and Member of the Audit Committee since 2004 and        
Chairman since 2008                                                             
Independent of the company and significant shareholders                         
B.Sc. (Econ. and Business Administration)                                       
                                                                                
Primary working experience                                                      
Managing Director: Pöyry Capital, London 2007 -, and Compass Advisers, London   
2005 - 2007; Chief Financial Officer, Ahlstrom Corporation 2003 - 2005; Managing
Director, Lazard London and Stockholm 2000 - 2003; Director: Lazard London 1989 
- 2000 and Citibank 1979 - 1989                                                 

Other current key positions of trust                                            
Board member, Meetoo AB                                                         

Shares 4,395                                                                    

Tomas Billing b. 1963                                                           
Board member since 2009 and member of the Nomination and                        
Compensation Committee since 2009                                               
Independent of the company and significant shareholders                         
Graduate degree in Business Administration from Stockholm School of Ecomics     

Primary working experience                                                      
President: Nordstjernan AB 1999 - and Hufvudstaden AB 1997 - 1999; Director, AB 
Custos 1996 - 1997; President, Monark Bodyguard (subsidiary to Monark Stiga)    
1994 - 1996; Investment Manager, Proventus AB 1989 - 1994; Fixed Income         
Salesman, Salomon Brothers International Ltd 1987 - 1989                        

Other current key positions of trust:                                           
Chairman of the Board: NCC AB, Nordstjernan Industriutveckling AB and Välinge   
Flooring Technology AB                                                          

Shares 10,961                                                                   


Kim Gran b. 1954                                                                
Board member since 2007 and member of Audit Committee since 2007                
Independent of the company and significant shareholders                         
B.Sc. (Econ)                                                                    

Primary working experience                                                      
President and CEO, Nokian Tyres plc since 2000; Vice President, Nokian Tyres,   
Car and Van tyres 1995 - 2000                                                   

Other current key positions of trust                                            
Chairman of the Board, The Rubber Manufacturers' Association; Vice Chairman,    
Chemical Industry Federation of Finland; Member of the Boards, Finnish-Russian  
Chamber of Commerce (FRCC) and YIT Plc; Supervisory Board member, Ilmarinen     
Mutual Pension Insurance Company                                                

Shares 2,940                                                                    


Tapani Järvinen b. 1946                                                         
Board member since 2009 and member of the Audit Committee since 2009            
Independent of the company and significant shareholders                         
Lic. Sc. (Tech.)                                                                

Primary working experience                                                      
President and CEO, Outotec Oyj 2006 - 2009. Prior to this he has held diverse   
top management positions in Outokumpu including President and CEO, Outokumpu    
Technology, Finland 2003 - 2006, Executive Vice President and Member of the     
Group Executive Committee, Outokumpu Oyj, Finland 2000 - 2005 and General       
Manager and CEO, Compañía Minera Zaldívar, Chile 1994 - 2000                    

Other current key positions of trust                                            
Chairman of the Board, the Finnish-Latin American Trade Association; Member of  
the Board, Okmetic Oyj, Normet Corp., Association of Finnish Steel and Metal    
Producers, dragon Mining NL and International Copper Association (ICA);         
Chairman,  Laatukeskus Excellence Finland; Chairman of the Industry Council,    
Technology Academy of Finland (TAF)                                             

Shares 1,201                                                                    


Matti Kavetvuo b. 1944                                                          
Board member since 2001 and member of the Audit Committee 2004 - 2008 and       
Chairman of the Nomination and Compensation Committee since 2009                
Independent of the company and significant shareholders                         
M.Sc. (Eng.), B.Sc. (Econ.)                                                     

Primary working experience                                                      
CEO, Pohjola Group Plc 2000 - 2001; CEO of Valio Ltd 1992 - 1999; CEO, Orion    
Corporation 1985 - 1991; President, Instrumentarium Corp. 1979 - 1984           

Other current key positions of trust                                            
Chairman of the Board, Orion Corporation 2004 -; Member of the Board, Alma Media
Corporation 2000 - and Lassila&Tikanoja Plc 2008-, 1998 - 2001, 1984 - 1988     

Shares 3,856                                                                    


Malin Persson b. 1968                                                           
Board member since 2005 and member of the Nomination and Compensation Committee 
since 2005                                                                      
Independent of the company and significant shareholders                         
M.Sc. (Eng.)                                                                    

Primary working experience                                                      
President and CEO, Volvo Technology Corporation. Previously holder of various   
positions including Vice President, Corporate Strategy and Business Development,
AB Volvo; Vice President, Business & Logistics Development, Volvo Logistics     
Corp.                                                                           

Other current key positions of trust                                            
Chairman of the Council, Technology Management and Economics at the Chalmers    
University of Technology; Member of the Board, Hexpol AB, Volvo Trucks AB, Volvo
Technology Transfer AB and Universeum AB.                                       

Shares 2,856                                                                    


Mikael Silvennoinen b. 1956                                                     
Board member since 2008 and member of the Audit Committee since 2008            
Independent of the company and significant shareholders                         
Master of Economics (Finance and Accounting)                                    

Primary working experience                                                      
President and CEO, Pohjola Bank Plc since 1997 - ; Executive positions in       
Pohjola Group 1989 - 1997; Group Treasurer, Wärtsilä Group 1986 - 1989          

Other current key positions of trust                                            
Chairman of the Board, Pohjola Insurance Group Plc and a member of the Steering 
Committee, Unico Banking Group                                                  

Shares: 1,640

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