Friday, March 31, 2017
Raute Corporation’s Annual General Meeting on March 28, 2017 confirmed the Financial Statements for January 1 to December 31, 2016 and discharged the members of the Board of Directors and President and CEO from liability.
The Annual General Meeting decided according to the proposal of the Board of Directors to distribute a dividend of EUR 1.00 per a series A and K share, with the payment date April 6, 2017. The record date is March 30, 2017.
The Annual General Meeting elected the Board of Directors for the next term of office ending at the Annual General Meeting in 2018. Mr. Erkki Pehu-Lehtonen was elected Chairman of the Board of Directors, Mr. Mika Mustakallio was elected Vice-Chairman of the Board of Directors and Mr. Joni Bask, Ms. Laura Raitio, Mr. Pekka Suominen and Mr. Patrick von Essen were elected members of the Board of Directors.
The Annual General Meeting elected authorized public accountants PricewaterhouseCoopers Oy as auditors with Mr. Markku Launis (Authorized Public Accountant) as the principal auditor.
The Annual General Meeting decided that the remuneration to the Chairman of the Board continues to be 40,000 euros and to the Vice-Chairman of the Board and Board members 20,000 euros for the term of office. The Board members’ traveling expenses will be compensated according to the company’s travel policy. The compensation to the company’s auditors will be paid on the basis of reasonable invoicing approved by the company.
Tags: 2017, annual general meeting, confirmation, Financial Statements, March 28, members of the Board of Directors, president and CEO, Raute Corporation
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