Fennovoima’s governance is based on openness and responsibility. This applies to management, administration, finances, and other operations. The annual general meeting carries the ultimate responsibility for the company.
The annual general meeting names five to eleven ordinary members and four deputy members for the Board of Directors for a period of one year at a time. The CEO manages the company, assisted by the management team.
The structure, responsibilities, and operations of the Fennovoima organization have been arranged to meet the requirements of the Nuclear Energy Act and other laws and decrees binding on the company. Fennovoima’s operations have been divided into departments. The head of each department is also a member of the management team. The Board ensures that the CEO, named by the Board, handles his or her duties in compliance with the applicable rules and regulations, and works in the best interest of the company.
Fennovoima also has four committees named by the Board: the Nuclear Safety Committee, the Project Execution Committee, the Finance Committee, and the Nominating Committee. The Committees supervise the progress of the project, identify development targets, and monitor the achievement of project objectives.
Fennovoima’s Board of Directors
Fennovoima Oy’s annual general meeting nominated the Board at its meeting on March 23, 2018.
Esa Härmälä, M.Sc. (Agric.)
Anastasia Zoteeva, CEO, Rusatom Energy International
Pekka Erkkilä, Senior Advisor, Outokumpu
Jussi Lehto, CEO, Keravan Energia & Voimaosakeyhtiö SF
Seppo Siljama, CEO, Septem Partners
Stefan Storholm, CEO, Katternö Kärnkraft
Djurica Tankosic, President, Global Nuclear, WorleyParsons Europe Limited
Konstantin Kryazhevskikh, Chief Legal Officer, Rusatom Energy International
Juha Mäkitalo, Senior Partner, Asianajotoimisto Mäkitalo Rantanen & Co Oy
Arto Räty, Senior Vice President, Corporate Affairs and Communications, Fortum
Ilkka Salonen, CEO, East Office of Finnish Industries
Fennovoima management team
Chief Executive Officer Toni Hemminki started in this position in October 2014. He came to the company from SSAB, which is one of the owners of Fennovoima.
Chief Development Officer Timo Okkonen is responsible for leading Fennovoima development program. He has previously worked at Inspecta Group and has a deep understanding of nuclear technology and plant safety.
Project Director Minna Forsström is in charge of project management. Forsström has been previously employed by Pöyry and Gustav Paulig, among others.
Chief Financial Officer Otso Torniainen is responsible for the company’s finances and funding. Torniainen has been previously employed by Empower IM Oy, Fortum, and E.ON, among others.
Chief Legal Officer Wilhelm Guthwert is responsible for the company’s legal issues. He has been previously employed by Pöyry and Roschier Asianajotoimisto Oy.
Communications Director Sakari Kotola is responsible for the company’s communications and public relations. Before joining Fennovoima, he held several communications, stakeholder and marketing positions at Nokia.
Human Resources Director Eija Salo is responsible for the company’s human resources. She has been previously employed by Lite-On Mobile Oy and in business management training and consulting positions in Executive Education Oy, a company of the Aalto University.
Nuclear Safety Director Janne Liuko is responsible for nuclear safety. He has worked in the nuclear industry for more than ten years at Fortum, STUK and Fennovoima.
Corporate Security Director Vesa Ruuska is responsible for ensuring that the safety regulation is complied with in the project. He has been previously employed by Posiva and STUK in nuclear safety related positions.
Quality Director Olli Virtanen is responsible for the company’s management and quality management systems, and their development. He was previously a director at Carement Oy, where he was responsible for energy issues.
For photos of the Fennovoima management team, please click here.
Fennovoima’s organizational structure
At present, Fennovoima’s operations focus on the supervision of nuclear power plant design, quality and project management, and the application of various permits and licenses. The largest department in the Fennovoima organization at present – at the licensing phase – is the project department, with the nuclear safety and quality departments, in particular, closely supporting its operations.
Fennovoima’s organizational structure is presented in the figure below.