Management of the Group

President and CEO

The Board of Directors elects the company’s President and CEO and decides on the terms of the President and CEO’s employment agreement. The terms are specified in a written contract which is approved by the Board of Directors. The Audit and Remuneration Committee of the company handles and prepares matters related to the terms of the employment agreement and the remuneration of the President and CEO. The President and CEO is responsible for the day-to-day management and development of the Group in accordance with the instructions and orders of the Board of Directors. The President and CEO is also responsible for keeping the Board up to date with regard to the development of the company’s business and financial situation.

Tiina Alahuhta-Kasko has been the company’s President since 9 April 2015 and President and CEO since 11 April 2016.

Subsidiary administration

The members of the subsidiaries’ Boards of Directors are elected from amongst the Marimekko Group’s executive management.

Management Group

The company’s business operations have been divided into a number of responsibility areas, the directors of which form the company’s Management Group. The company’s President and CEO acts as the Chairman of the Management Group. The Board of Directors appoints the members of the Management Group and decides on their remuneration. The Audit and Remuneration Committee of the company handles and prepares matters related to the terms of the employment agreements and remuneration of senior management. The Management Group has no authority based on law or the Articles of Association.

The Management Group reviews business matters and procedures affecting the entire Group. The Management Group also reviews the operating plans and business development of the various business areas. The Management Group convenes every two weeks on average. Information on the members is presented under Management Group.