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 April 18, 2019.
Esa Härmälä, M.Sc. (Agric.)
Anastasia Zoteeva, CEO, Rusatom Energy International
Pekka Erkkilä, M.Sc. (Tech)
Jussi Lehto, CEO, Keravan Energia & Voimaosakeyhtiö SF
Seppo Siljama, CEO, Septem Partners
Stefan Storholm, CEO, Katternö Kärnkraft
Anton Dedusenko, Deputy CEO, JSC Rusatom Energy International
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, Chairman of the Board of Directors, East Office of Finnish Industries
Fennovoima management team
Joachim Specht is Fennovoima’s CEO. He has previously worked at PreussenElektra and he has an almost 30-year experience in the nuclear industry.
Chief Operating Officer Timo Okkonen is responsible for leading the Utility Operations division at Fennovoima. He has previously worked at Inspecta Group and has a deep understanding of nuclear technology and plant safety.
Project Director Jouni Takakarhu is in charge of project management. Takakarhu has been previously employed by Pöyry, Borealis and Neste Oil.
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 Aki Markkola is responsible for the company’s legal affairs. Markkola has previously served as Destia’s General Counsel, and he has a solid working experience with large projects.
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 and administration. 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.
Chief Information Officer Mikko Virtanen is responsible for the company’s information technology and management systems, and their development. He has previously worked at Tekla and Quattrogemini and has a wide experience in construction projects and information management solutions.
Oversight Director Vesa Ruuska is in charge of evaluation of Fennovoima management system, risk management, safety culture, as well as environment, health and safety (EHS) management. In his role as the Responsible Manager Ruuska’s responsibility is to ensure that the Hanhikivi 1 project complies with nuclear safety regulations. He has been previously employed by Posiva and STUK in nuclear safety related positions.
Utility Operations Director Janne Liuko is responsible for accessing plant delivery safety, planning, implementation, and operational readiness. He has more than 10 years of working experience in the nuclear industry. Before Fennovoima he has worked for Fortum and STUK.
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 for various permits and licenses.
Fennovoima’s organizational structure is presented in the figure below.