Waleed Elgohary
Chair of the Board of DirectorsChair of the Board of Directors, Chair of the M&A Committee, Chair of the Remuneration Committee
Born 1976, JD and MBA from Richard Ivey school of Business and the University of Western Ontario. BA degrees in Mechanical Engineering and Biology from McMaster University, Canadian citizen.
Partner, Apollo Global Management
Independent of Purmo Group Plc, dependent of a significant shareholder of Purmo Group Plc as he is a Director in Project Grand Bidco (UK) Limited.
Career history:
Trevor Mills
Member of the Board of DirectorsMember of the Board of Directors, Member of the M&A Committee, Member of the Remuneration Committee
Born 1966, BA (Comms) & LLB (JD), US citizen
Partner, Apollo Global Management
Independent of Purmo Group Plc, dependent of a significant shareholder of Purmo Group Plc as he has an employment relationship with a party who exercises indirect control in Project Grand Bidco (UK) Limited.
Career history:
Jordan Lubkeman
Member of the Board of DirectorsMember of the Board of Directors, Member of the Audit Committee, Member of the Remuneration Committee
Born 1993, BA (Ecology), US citizen
Principal, Apollo Global Management
Independent of Purmo Group Plc, dependent of a significant shareholder of Purmo Group Plc as she is a Director in Project Grand Bidco (UK) Limited.
Career history:
John Peter Leesi
Member of the Board of DirectorsMember of the Board of Directors, Member of the M&A Committee, Member of the Audit Committee
Chief Executive Officer of Purmo Group Plc
Born 1961, BBA (with advanced studies in international finance), Swedish citizen
Dependent of Purmo Group Plc, where he is the CEO. Independent of significant shareholders of Purmo Group Plc.
Prior positions of trust:
Matts Rosenberg
Member of the Board of DirectorsMember of the Board of Directors, Chair of the Audit Committee, Member of the M&A Committee
Born 1977. Ph.D. (Econ.), Finnish citizen
Independent of Purmo Group Plc, dependent of a significant shareholder of Purmo Group Plc as he is a Director in Project Grand Bidco (UK) Limited.
Career history:
• CEO, Rettig Group (2019–)
• Interim CFO, Purmo Group Plc (2023)
• Deputy CEO & Head of Core Investments, Rettig Group (2018–2019)
• COO, Rettig Group (2016–2018)
• Deputy CEO & CFO, Fortaco Group (2014–2016)
• Investment Professional, IK Partners (2005–2013)
Current positions of trust:
• Purmo Group Plc, member of the Board (2024–)
• Aktia Bank Plc, member of the Board, member of the Audit Committee and member of the Remuneration and Corporate Governance Committee (2024–)
• Terveystalo Plc, Vice Chair of the Board and member of the Audit Committee (2022–)
Prior positions of trust:
• Purmo Group Ltd, member of the Board (2016–2021)
• Nordkalk Corporation, Chair of the Board (2018–2021) and member of the Board (2016–2018)
• Alandia Försäkring, Chair of the Board (2020–2021)
The Board comprises of 3-10 members. The Annual General Meeting elects the members of the Board, including the Chairman and the Vice Chairman of the Board. The Board convenes in accordance with a schedule agreed in advance and also as required.
The Board deals with all matters pertaining to its area of responsibility in accordance with Finnish law, the Articles of Association, the Finnish Corporate Governance Code, the rules of Nasdaq Helsinki Ltd as well as other rules and regulations applicable to publicly listed companies in Finland.
The Board is responsible for:
The Board may establish specific committees to assist the Board in the preparation and performance of the Board’s duties and responsibilities and determine their sizes, compositions and tasks. The Board committees do not have independent decision-making authority in matters within the authority of the Board, but they assist the Board by preparing such matters.
The Audit Committee shall have a minimum of three (3) members. The majority of the committee members must be independent of the company, and at least one must be independent of the company’s significant shareholders. The committee as a whole must have the expertise and experience required for the performance of the duties and responsibilities of the committee.
Key responsibilities:
Furthermore, the duties of the Audit Committee include monitoring the quality and integrity of the interim and half-yearly reports and the financial statements.
Members of the Audit Committee: Matts Rosenberg (the Chair of the Audit Committee), Jordan Lubkeman and John Peter Leesi.
The Mergers and Acquisitions (M&A) Committee shall have a minimum of three (3) members. The Committee members shall have the expertise and experience required for the performance of the Committee duties and responsibilities.
Key responsibilities:
Members of the M&A Committee: Waleed Elgohary (the Chair of the M&A Committee), Trevor Mills, Matts Rosenberg and John Peter Leesi.
The Remuneration Committee shall have a minimum of three (3) members. The majority of the committee members must be independent of the company. The Company’s CEO or any other executive director may not be a member of the Committee. The committee members must have the expertise and experience required for the performance of the duties and responsibilities of the committee.
Key responsibilities:
Members of the Remuneration Committee: Waleed Elgohary (the Chair of the Remuneration Committee), Jordan Lubkeman and Trevor Mills.
