President & CEO

Vaisala’s President and CEO is appointed by the Board. The CEO manages the company in accordance with the instructions and orders given by the Board, and informs the Board of the development of the company’s business and financial situation. The CEO is also responsible for organizing the company’s management.

Holdings of the permanent insiders

President & CEO Kjell Forsén, b. 1958, Lic.Sc. (Technology) Domicile: Espoo, Finland Principal occupation: President & CEO, Vaisala Oyj Employment history: Ericsson, since 1986, several managerial positions within the company, both in Finland and abroad. Latest position President of Ericsson Finland. Other simultaneous positions of trust: Helvar Oy Ab, Board Member; Technology Industries of Finland, Board Member.
Corporate Management Group Chairman as of: 2006 Salaries and other compensation: Basic salary in 2008 was 326.000 euros and other compensation 72.000 euros. Compensation in shares and share warrants during fiscal year 2008: - Retirement age and benefits: 62 years Notice period, severance pay and conditions of other severance compensations: 6 months for the employee, 12 months for the employer, compensation equal to the salary.