Corporate governance

Board of Executives

Board of Executives

The execute power in the company is held by the chief executive officer. The CEO is appointed and instructed by the Board of Directors.

The President and CEO of Honkarakenne is Mr. Marko Saarelainen.

The CEO is responsible for the practical management and planning of the Group’s business operations. The CEO is responsible for preparing strategically significant measures and implementing the measures decided by the Board. In addition, the CEO ensures that the Group’s corporate governance functions properly and is responsible for ensuring that the company’s accounting is in accordance with the law and that financial management is arranged in a reliable manner. The key employment terms of the CEO are determined in a written service contract, approved by the board that includes the financial benefits.

The CEO is paid fixed monthly salary and merit bonuses according to the financial profit of Honkarakenne Group. In accordance with the rules on the short-term incentive bonus for senior management, the CEO may receive a maximum of 60% of his/her salary as an incentive bonus in the year under review. Honkarakenne Oyj’s CEO chairs the Executive Group, whose members are the directors from different operational departments. The task of the Executive Group is to assist the CEO in the operational management and planning of the Group’s business. The Executive Group convenes at least 12 times a year and holds additional meetings as required.

The directors are paid fixed monthly salary and merit bonuses according to the financial profit of Honkarakenne Group. The Board of Directors approves the Executive Group’s bonus scheme annually.

Executives

Marko Saarelainen, born 1967

CEO since 2015

Finnish citizen

Education: Hokusei Gakuen University, Sapporo; Sapporo Int’l Language Institute, Sapporo

Background add

Previous work experience

Honkarakenne Oyj, CEO 2015–; Honka Japan Inc., CEO 1996–
Honka Japan Inc. 1991–

Key positions of trust

Board memberships: Ice Sports Team Hawks, Vice-Chairman 2021–; Finnish Log House Industry, Chairman 2018–, Member 2017–; Finnish Association for Manufacturers of Prefabricated Houses, 2015–2020; Honkarakenne Oyj, 2009–2014; Finnish Chamber of Commerce in Japan 1996–, Vice-Chairman 2008–2009, Chairman 2009–

Juha-Matti Hanhikoski, born 1984

Vice President, Production since 2020

Finnish citizen

Education: Bachelor of Engineering

Background add

Previous work experience

Honkarakenne Oyj: Vice President, Production 2020-, Factory Manager 2020, Quality Manager 2016–2020
Skaala Oy: Production Manager 2015–2016
Honkarakenne Oyj: Manager, Quality & Environment 2013–2015, Development Manager 2009–2013, Development Engineer 2008–2009

Sanna Huovinen, born 1978

Vice President, Marketing since 2019

Finnish citizen

Education: Master of Science (Econ.)

Background add

Previous work experience

Honkarakenne Oyj: Marketing Director 2017–, Marketing Manager (Export) 2016–2017, Marketing Manager (Finland) 2012–2016

Kesko Oyj: Web Chief Editor 2010–2012, Account Manager 2007–2009, Communications Officer 2004–2007

Maarit Jylhä, born 1967

Chief Financial Officer since 2021

Finnish citizen

Education: Master of Science (Econ.)

Background add

Previous work experience

Honkarakenne Oyj: CFO 2021–,
Destia Oy: Group Financial Development manager 2019-2021, Group Financial manager 2011-2019
Honkarakenne Oyj: Financial manager 2002-2011, Group controller 2000-2002, Orion-yhtymä Oyj: Financial planner 1999, Accountant 1996-1999, Accounting secretary 1995-1996.

Petri Perttula, born 1971

Vice President, Operations Finland since 2021

Finnish citizen

Education: Master of Science (Building Construction Technology)

Background add

Previous work experience

Honkarakenne Oyj: Vice President, Operations Finland 2021-, Stora Enso Wood Products Oy: Director, New Business Development 2018-2021, Senior Vice President, Head of Building Solutions 2014-2017
Ruukki Contruction Oy: Business director 2011-2014, Vice president 2008-2011
Rautaruukki Oyj: Sales director 2006-2008, Business manager 2005-2006
Rannila Steel Oy: Business Manager 2001-2005, product manager 2000-2001

Key positions of trust

Board memberships: Raute Corporation 2022-,

Eino Eikali, born 1967

Vice President, Product since 2022

Finnish citizen

Education: Master of Science

Background add

Previous work experience

Honkarakenne Oyj: Product Director 2021–.
Kontiotuote Oy: B2C Director 2020-2020, Global Sales Director, 2013-2020.
Honkarakenne Oyj: Vice President, Planning, sales support and R&D functions 2009-2013, Vice President, Marketing and R&D 2008-2009, Vice President, R&D 2005-2007, R&D Manager 2000-2005
Jaakko Pöyry Consulting Oy: Consultant for wood products 1996-2000
Construction Materials Industry Association: Project engineer 1994-1996

Key positions of trust

Finnish Log House Association HTT ry, Member in the EU Group, 2018–2020,

Finnish Log House Association HTT ry, Chairman of the technical group, 2010–2013

Maarit Taskinen, born 1967

Business Development Manager since 2019

Finnish citizen

Education: Master of Arts

Background add

Previous work experience

Honkarakenne Oyj: Business Development Manager 2019–, Sales Manager 2019-2019.
Tikkurila Oyj: Director, Sales Support 2016-2018, Export Director 2012-2016, Commercial Director, OOO Tikkurila, St. Petersburg, 2009-2012, Sales Director, Deco East, 2005-2009, Sales Manager, Deco East, 2004-2005, Project Manager, Export East, 2003-2004, Export Coordinator, Export East, 1993-2003

Management shareholding

See management shareholding

Executives' transactions

Read stock exchange releases on executives' transactions