Helsinki, 2013-02-05 09:30 CET (GLOBE NEWSWIRE) -- AFFECTO PLC -- STOCK EXCHANGE RELEASE -- 5 FEBRUARY 2013 at 10.30
Proposals of Affecto's Nomination Committee
The Annual General Meeting in 2012 resolved to appoint a shareholders' Nomination Committee to prepare proposals concerning members of the Board of Directors and their remuneration for the following Annual General Meeting. The three largest shareholders, Cantell Oy, OP Fund Management Company and Mika Laine appointed Aaro Cantell, chairman of Affecto's Board of Directors, Samuli Sipilä, managing director of OP Fund Management Company, and Mika Laine as members of the Nomination Committee.
The Nomination Committee proposes for the Annual General Meeting, planned to be held on 9 April 2013, that the number of board members would remain six and the following current board members would be re-elected for the next term: Aaro Cantell (chairman), Jukka Ruuska (vice chairman), Tuija Soanjärvi and Lars Wahlström. Magdalena Persson and Olof Sand would be elected as new board members.
Magdalena Persson, b. 1971, is Senior Director for Enterprise Partnerships at Microsoft Western Europe. Earlier she has worked in various management positions at e.g. Mando Group, SamSari, Microsoft and WM-Data Business Partner. She has a Licentiate of Economics and Management degree.
Olof Sand, b. 1963, is the CEO of Anticimex Ab. Earlier he has served as the CEO of Proact IT Group AB (publ) (2005-2012) and in various management positions at e.g. Acando, ABB Communications and Tele2. He is an engineer, additionally AMP (Harvard), IFL (Stockholm) and MBA (Uppsala).
The Nomination Committee proposes that the amount of fees for the board members would remain unchanged: EUR 1 800 monthly fee for the members, EUR 2 500 for the Vice-Chairman and EUR 3 200 for the Chairman. A fee of EUR 250 shall be paid for participation in committee meetings, save for meetings of the Nomination Committee. The monthly fees would be partially paid with Affecto shares (40% shares, 60% cash).
Affecto Plc
Hannu Nyman
Senior Vice President, M&A, IR
www.affecto.com
Additional information:
Aaro Cantell, Chairman of the board, tel. +358 400 706 072
Hannu Nyman, SVP M&A, IR, tel +358 205 777 761