Management

The Chairman of the Board

Pekka Paasikivi
b. 1944, Finnish citizen, B.Sc. (Eng.)

Board memberships:
Chairman of the Board, Kemira, since 2007
Chairman of the Board, Oras Invest since 2004
Member of the Board, Foundation of Economic Education since 2003

Career history:
Various positions at Oras companies, e.g. Managing Director, President and CEO and Chairman of the Board of Oras

Members of the Board

Ulla Litzen
b. 1956, Swedish citizen, M.Sc. (Econ.),
MBA (Massachusetts Institute of Technology)

Board Memberships:
Member of the Board, Husqvarna AB since 2010
Member of the Board, NCC since 2008
Member of the Board, Oras Invest since 2006
Member of the Board, Alfa Laval since 2006
Member of the Board, Boliden 2005
Member of the Board, Atlas Copco since 1999
Member of the Board, SKF since 1998

Career history:
President W Capital Management AB
2001-2005, a wholly owned company by the Wallenberg foundation
Managing Director and Member of the Management Group, Investor 1996-2001

Annika Paasikivi
b. 1975, Finnish citizen, BA International Business (EBS London), MSc Global Politics (University of Southampton)

Board Memberships:
Member of the Board, Finow, since 2007
Member of the Board, Oras Invest since 2004

Career history:
COO, Friitala Fashion, 2009 - 06/2010
CEO, Finow since 2007
Russian Exports, Varova 2003-2005
Production Development Project Assistant, AB
Grundfos Environment Finland 2001-2002
Trainee Consultant, Horvath & Partner GmbH 1999

Kaj Paasikivi
b. 1968, Finnish citizen, B.Sc. (Business Admin. Woodbury University),
MBA (Helsinki School of Economics)

Board memberships:
Member of the Board, Oras Invest since 2010
Chairman of the Board, NextStone since 2007
Member of the Board, Oras since 2006

Career history:
Partner, NextStone since 2007
Marketing Manager, Uponor Oyj, North America,  2003-2006
Business Intelligence Analyst, Kone Oyj, 1997-2003
Various projects at Oras, 1990-1995

Eerik Paasikivi
b. 1983, Finnish citizen
Student at the Turku School of Economics

Board memberships:
Member of the Board, Oras Invest Oy, since 2010
Member of the Board, Erkki Paasikiven säätiö (foundation), since 2008, Vice Chairman of the Board, since 2010
Chairman of the Board, Wate Oy, since 2007

Career history:
Managing Director, Wate Oy, since 2010
Assistant Tax Advisor, Veropaja Oy, 2008 - 2010
Tax Assistant, Corporate Taxation, PriceWaterhouseCoopers Oy, 2007

Vesa Puttonen
b. 1966, Finnish citizen, D.Sc. (Econ.)

Board memberships:
Chairman of the Board, Taaleritehdas,
Asset Management, since 2010
Member of the Board, Rocla since 2007
Member of the Board, Oras Invest since 2006

Career history:
2001- Helsinki School of Economics, Professor in Finance
1999-2001 Conventum Fund Management, Managing Director
1998-1999 HEX Helsinki Exchanges, Senior Vice President
1993-1998 Helsinki School of Economics, Associate Professor in Finance