Outokumpu's Shareholders' Nomination Board composition

Outokumpu Oyj
Stock exchange release
October 3, 2017 at 9.00 am EET 


Outokumpu’s Shareholders’ Nomination Board consists of the representatives of the four largest shareholders registered in the shareholders’ register of the company on October 1. In addition, Jorma Ollila, Outokumpu’s Chairman of the Board of Directors, acts as an expert member in the Nomination Board. The Nomination Board has been established to annually prepare proposals on the composition of the Board of Directors and director remuneration for the Annual General Meeting. 

On October 1, 2017 the four largest shareholders of Outokumpu were Solidium Oy, Varma Mutual Pension Insurance Company, The Social Insurance Institution of Finland and Ilmarinen Mutual Pension Insurance Company, and they have appointed the following representatives to the Nomination Board:

  • Antti Mäkinen, Managing Director at Solidium Oy
  • Pekka Pajamo, CFO at Varma Mutual Pension Insurance Company
  • Tuula Korhonen, Investment Director at The Social Insurance Institution of Finland
  • Timo Ritakallio, President and CEO at Ilmarinen Mutual Pension Insurance Company

The Nomination Board will submit its proposals to Outokumpu’s Board of Directors on January 31, 2018 at the latest. The proposals will be published as a part of the notice to the Annual General Meeting. 

For more information: 

Investors: Tommi Järvenpää, tel. +358 9 421 3466, mobile +358 40 576 0288

Media: Reeta Kaukiainen, tel. +358 50 522 0924 

Outokumpu Group



Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless by 2020, through our competitive edge of customer orientation and efficiency. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki.
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