President and CEO
The Board of Directors appoints the President and CEO. The President and CEO is in charge of the management of the company’s business operations and governance in accordance with the Articles of Association, the Finnish Companies Act and the instructions given by the Board. The President and CEO is assisted in the management of the group by the Management Group. The President and CEO of DT is Hannu Martola. The Board decides on the service terms and conditions of the President and CEO, specified in writing. Currently the President and CEO has indefinite term with 6 months’ period of notice, and salary for the period of notice should the Company give notice, in addition to which he is entitled to severance pay equivalent of 12 months’ fixed salary.
The President and CEO is responsible for the day to day management of the company, which consists of managing and controlling the company’s business in accordance with instructions and decisions issued by the Board of Directors.
The President and CEO may not carry out unusual or extensive actions without the specific approval of the Board of Directors, except in situations in which not carrying out the action would cause essential damage to the operations of the company and the approval of the Board of Directors cannot be obtained in time. The Board of Directors must be immediately notified of such actions, for which there was no time to wait for the Board’s approval.
The main responsibilities of the President and CEO are:
- to be responsible for the day to day management of the company;
- to approve business plans and performance objectives and control their implementation;
- to ensure the effective functioning of the Board of Directors and to ensure that the members of the Board of Directors receive proper and adequate information;
- to see to it that the accounting and bookkeeping of the company complies with the law and that the financial matters are being handled in a reliable manner;
- to report accurately and precisely following the instructions given by the Board of Directors;
- to implement decisions made by the Board of Directors and the General Meeting; and
- to ensure on his/her part that the company respects its legal obligations and regulations.
The Management Group (MG) consists of seven members. The MG assists the President and CEO in managing the group. The fundamental purpose of the MG is to direct and develop DT’s business activities in a way that the strategic targets proposed by MG and approved by the Board of Directors will be achieved.
MG is carrying out its fundamental purpose by:
- defining company’s strategic objectives and strategy based on the board’s guidelines
- developing the mission, vision and value system of the company
- managing and measuring the implementation of the strategy
- creating a management system that supports profitability, responsibility and continuous improvement
- foreseeing and analysing the development of the business environment and reacting to the strategic change
- creating prerequisites and resourcing the operations of the company to improve competitiveness and to reach customer satisfaction
- making decisions of important development projects as well as resolving on refocusing and resourcing of the projects
The President and CEO acts as a chairman of the MG and the CFO acts as the secretary of the MG. Members of the MG are Hannu Martola (President and CEO), Petri Hiljanen (CFO), Jyrki Still (CTO), Kari Hyvärinen (VP, Security and Industrial Business Unit), Chen Wu (VP, Medical Business Unit), Kai Utela (VP, Operations) and Han Ming (HR Director).
The MG meets regularly once a month and in addition to the regular meetings, the MG meets specifically to discuss the strategy, planning, results and project reviews, and other issues if necessary.
The ownership of the company’s shares of Management Group members are shown in the section insiders.
Management group bio
|Name||Year of birth||Position|
|Chen Wu||1974||VP, Medical Business Unit|
|Hyvärinen Kari||1965||VP, Security and Industrial Business Unit|
|Utela Kai||1966||VP, Operations|
|Han Ming||1976||Director, HR|
Hannu Martola has acted as a President and CEO since 2007 and member of the Company’s board of directors (2007-2015). He has previously acted as the CEO at VTI Technologies Oy (2001–2007) and at several management positions (1992-2000). Hannu Martola has been the chairman of the board of directors of Powernet International Ltd since 2012, Beddit Ltd since 2007 and Expedir Oy since 1985. In addition, he has acted as a member of the board of directors of Okmetic Oyj (2009-2016), a chairman of the board of directors at Powernet International Ltd and member of board of directors (2008-2012) as well as member of the board of directors at Ecocat International Oyj and Ecocat Oy (2004-2013). Hannu Martola holds a Master of Science degree in Engineering and an Executive MBA degree.
Petri Hiljanen has acted as the CFO of the Company since 2012 and in 2007–2010. He has also acted at management positions at Havator Oy (2011–2012), at Nordic Restructuring Oy at management positions (6/2010–12/2010), as the CFO and controller at Sesca Accounting and Control Oy (01/2010–10/2010) and as the CFO at Polar Electro Group subsidiaries (1999–2006). Petri Hiljanen holds a Master of Science degree in Economics and Business Administration.
Chen Wu has acted as the VP of the Medical business unit of the Company since 2007. Prior to this, he has acted at managerial positions at the Company (2005-2007) and at various positions at the Company in China and Finland (1999-2005) Chen Wu holds Ph.D degree in Technology and an Executive MBA degree.
Kari Hyvärinen has acted as the VP of the Security and Safety business unit of the Company since 2008. Prior to this, he has acted as a sales manager at Targetor Oy (2007-2008), and as the CEO of Selmic Ltd (2005-2007) as well as worked in various managerial positions and acted as the VP of Environics Oy (2004-2005) and in various engineering and managerial positions at Oy L M Ericsson Ab (1991-2004). Kari Hyvärinen holds a Master of Science degree in Electrical Engineering.
Kai Utela has acted as the VP of Operations of the Company since 2010. Prior to this, he has worked in various managerial positions at VTI Technology Oy (1996-2010) and at managerial positions at Nordberg-Lokomo Oy (1994-1996). In addition, Kai Utela has been the chairman of the board of directors at Koskitech Oy since 1989. Kai Utela holds a Master of Science degree in Production Technology and an MBA degree.
Han Ming has acted as the HR Director of the Company since 2011. Prior to this, she has acted as the Regional HR Manager at Media Monitors (2009-2011), as the HR and Administration Manager at Stokvis Tapes (Beijing) Co., Ltd (2008-2009), as a HR Officer for North and Northeast Region at Grundfos Pump (Shanghai) Co., Ltd Beijing Branch (2002-2008) and as a HR Specialist at Beijing Hanhua Real Estate Corporation (1999-2002). Han Ming holds a Master of Science degree in Engineering and an MBA degree.
Jyrki Still has acted as the CTO of the Company since 2008 and in 2001-2008 he has worked in various positions in China and Finland at the Company. Prior to this, he has worked in several management positions in electronics manufacturing companies in the United States, such as Sanmina-SCI, Hadco and South-Bay Circuits. Jyrki Still has been a member of the board at TactoTek Inc., since 2013. In addition, he has acted as a member of the board of Finnish Business Council Beijing (2009-2013). Jyrki Still holds a Master of Science degree in Industrial Engineering & Operations Management.