Group Executive Committee

The task of the Group Executive Committee is overall management of Outokumpu's business. Committee members have extensive authority in their individual areas of responsibility and their duty is to develop the Group's operations in line with the targets set by the Board of Directors and the CEO. The Group Executive Committee consists of seven members appointed by the Board of Directors. The members of the committee hold the positions of the CEO and the Deputy CEO, Executive Vice President – General Stainless, Executive Vice President – Specialty Stainless, Executive Vice President – Supply Chain Management, Executive Vice President – Group Sales & Marketing, Executive Vice President – Chief Financial Officer, and Executive Vice President - Human Resources. By May 1, 2010 the responsibilities of EVP – General Stainless will be distributed among the other Executive Committee members The Group Executive Committee typically meets twice each month.

See Executive Committee.

Shares and options of the Group Executive Committee members February 2, 2010
  Shares Options
2003A
Options
2003B
Options
2003C
Share-based
inventive
programme
2007–2009
Share-based
incentive
programme
2008–2010
Share-based
incentive
programme
2009–2011
Share-based
incentive
programme
2010–2013
Juha Rantanen 35 000 - - 17 500 15 500 16 500 33 000 33 000
Karri Kaitue 12 380 - - 15 000 7 500 8 000 15 500 15 000
Jamie Allan 2 000 - - - 2 100 5 500 10 000 9 000
Bo Annvik - - - 10 000 5 300 5 500 10 000 9 000
Pekka Erkkilä 14 000 - - 15 000 5 300 5 500 10 000 -
Pii Kotilainen 1 500 - - - - - 10 000 9 000
Esa Lager 18 000 - - 10 000 5 300 5 500 10 000 9 000
Kari Parvento 1) - - - - - - 7 000 9 000
Total 82 880 - - 67 500 41 000 46 500 98 500 84 000

Notes:

1) Employed by Outokumpu as of May 1, 2010 at the latest.

Text size