CEO and the possible deputy to the CEO
The President and Chief Executive Officer (CEO) is responsible for the company’s
operational management, in which the objective is to secure significant and sustainable
growth in the value of the company for its shareholders.
The CEO prepares decisions and other matters for the meetings of the Board of Directors,
develops the Group’s operations in line with the targets agreed with the Board of Directors,
and ensures the proper implementation of Board decisions. The CEO is also responsible for
ensuring that the existing legislation and applicable regulations are observed throughout
the Group. The deputy to the CEO, if one has been appointed, is responsible for attending
to the CEO’s duties in the event that the CEO is prevented from doing so. Currently, no
deputy to the CEO has been appointed.
Leadership Team and Business Area Boards
The Outokumpu Leadership Team, chaired by the CEO, is a reporting and decision-making forum for steering and managing Outokumpu’s corporate agenda in support of the CEO. The Outokumpu Leadership Team consists of the CEO, his/her deputy (if one has been appointed) and other key members of senior management.
Each Outokumpu business area is steered by a Business Area Board, chaired by the CEO.
The Business Area Boards consist of the CEO, the Chief Financial Officer, the Head of
the respective business area and selected other key members of senior management.
The decision-making authorities of the Leadership Team and the Business Area Boards
follow from the authority of the CEO. It is the duty of these bodies to run and develop
the Group’s operations in line with the strategy and targets set by the Board of Directors.
The Leadership Team and the Business Area Board meetings are convened by the CEO or
his/her order. Minutes shall be kept for each meeting.
The Leadership Team and the Business Area Boards typically meet once a month.