English

PROPOSALS ON THE BOARD COMPOSITION AND DIRECTOR REMUNERATION BY SHAREHOLDERS? NOMINATION COMMITTEE

Report this content 
OUTOKUMPU OYJ  STOCK EXCHANGE RELEASE  JANUARY 27, 2006 AT 10.30 AM


PROPOSALS ON THE BOARD COMPOSITION AND DIRECTOR REMUNERATION BY
SHAREHOLDERS’ NOMINATION COMMITTEE OF OUTOKUMPU

In its meeting today, the Shareholders’ Nomination Committee of
Outokumpu has decided to propose to the 2006 Annual General
Meeting that the Board of Directors be composed of 8 members
(earlier 10), and that in accordance with consents received, Evert
Henkes, Jukka Härmälä, Ole Johansson, Juha Lohiniva, Anna Nilsson-
Ehle, Leena Saarinen and Soili Suonoja of the current members be
re-elected, and that Taisto Turunen be elected as a new member of
the Board of Directors. The Committee further proposes that Jukka
Härmälä be elected as the Chairman and Ole Johansson as the Vice
Chairman of the Board of Directors.

Furthermore, the nomination committee has decided to propose to
the Annual General Meeting, that the remuneration to the members
of the Board of Directors would be as follows:

                         Monthly fee,        Meeting fee,
                         EUR                 EUR
                         
Chairman                 4 500               500
Vice Chairman            3 000               500
Other Board members      2 400               500

The Outokumpu Board will incorporate the proposals into the Annual
General Meeting notice, which will be published later.

For further information, please contact:

Markku Tapio, Ministry of Trade and Industry, Chairman of the
Shareholders’ Nomination Committee, tel. +358 9 1606 3598
       
       
OUTOKUMPU OYJ
Corporate Management


Ingela Ulfves
Vice President - Investor Relations
tel. + 358 9 421 2438, mobile +358 40 515 1531, fax +358 9 421 2125
e-mail: ingela.ulfves@outokumpu.com
www.outokumpu.com

Subscribe