Under the Companies Act, the Board of Directors is responsible for the management of the company and proper organisation of operations. The General Meeting elects the members of the Board of Directors. According to the Articles of Association, Scanfil plc’s Board of Directors shall include a minimum of three and a maximum of seven regular members. The Board of Directors elects a Chairman from among its members. The Board of Directors is responsible for deciding on significant matters relating to business strategy, investments, organisation and finance, as well as supervising the company’s management and operations. The Board of Directors shall also ensure that supervision of the company’s accounts and asset management is properly organised.
Board of Directors Charter
The tasks and responsibilities of the Board of Directors of Scanfil plc are defined based on the Companies Act, other applicable legislation, the Articles of Association, good governance recommendations and the Board’s charter. The Board carries out an annual review of its operations, and regular reviews of the work of the CEO and the Management Team. The main duties of the Board of Directors of Scafil plc include the following:
- Confirmation of the company’s business strategy and supervision of its implementation.
- Annual confirmation of the major business targets and monitoring of the Group’s profit trends.
- Making decisions concerning investments of strategic importance within the Group.
- Discussing and approving the financial statements and interim reports.
- Appointing and releasing the CEO, and defining the terms and remuneration principles for the position.
- Making decisions concerning the incentive systems for the management and the personnel.
- Monitoring and management of the main risks of the company’s operations.
- Confirmation of the company’s values and operating principles.
The Board of Directors
Harri Takanen (born 1968), Member of Board since 2013, Professional Board Member. Harri Takanen has worked for Sievi Capital plc as CEO 2007 – 2011. He was CEO of Scanfil plc and Scanfil EMS ltd. during 1.1.2012-31.3.2013. He has served Scanfil Group since 1994, for example as Director of operations in China, Scanfil (Hangzhou) Co., ltd’s Managing Director, Technology Director, Director of Customer Relations, Customer Service Manager and Plant Manager of Sievi mechanics. Harri Takanen holds Master’s degree in Engineering. Not independent of the company and major shareholders. As Chairman of the Board and based on the overall independence assessment, Harri Takanen is not independent of the company and owns more than 10% of all the company’s shares.
Chairman of the Board: Titanium Oyj
Member of Board of Directors: Jussi Capital Oy
Chairman of the Board
Bengt Engström (born 1953), Member of the Board since 2015. Bengt Engström has held a number of executive positions at several companies, both in Sweden and globally, for example at Whirlpool, Bofors AB, Duni AB and Fujitsu. Bengt Engtströn holds a Mechanical Engineer’s degree. Independent of the company and major shareholders.
Chairman of Board of Directors: Nordic Flanges, Real Holding AB, BEngström AB, BEngströmFörvaltning AB
Member of Board of Directors: Bure Equity AB, ScandiNova Systems AB, KTH Executive School, CBF Holding Aps
Christina Lindstedt (born 1968), Member of the Board since 2016. CEO in QleanAir Scandinavia AB. Christina Lindstedt has held a number of executive positions at AB Electrolux, Sony Ericsson and Sony, both in Sweden and globally. Primarily she has served as a Business/Product area head for businesses such as eg; smartphones, washing machines, automatic lawn mowing and New Business Areas. In addition, she has been responsible for establishing global sourcing operations in China. Christina Lindstedt holds a Master’s Degree of Business Administration and Commercial law. Independent of the company and major shareholders.
Member of Board of Directors: Handicare Group AB (Publ), Swedish Lorry Parts AB
Juha Räisänen (1958), Member of Board since 2020, Managing Partner at Valuenode GmbH. Juha Räisänen has held a number of executive positions globally at ICL-Fujitsu, Nokia, SanDisk, KONE and Aliaxis, based in Finland, Singapore, Hong Kong, Shanghai, Brussels and currently in Vienna. Primarily he has served as a sales, manufacturing, supply chain, sourcing & procurement, quality and safety head for businesses such as IT systems & software, mobile phones, telecom networks, semiconductors (NAND flash memory products), elevators, escalators & automatic doors and plastic pipes & fittings. Juha Räisänen holds a Master’s Degree of Industrial Engineering & Management. Independent of the major shareholders. Independent of the company during 23 April – 30 November 2020. Not independent of the company as of 30 November 2020 due to a consulting assignment between the company and related party of a Board Member based on which the Board Member receives or has received compensation for non-board services during the past year (Recommendation 10 (c)).
Member of the Board of Directors: LumiDental Oy