Board of Directors

Updated: March 2nd, 2022.

The duties and responsibilities of the Board of Directors are primarily determined in accordance with the Articles of Association and the Finnish Limited Liability Companies Act.

According to the Articles of Association, the Annual General Meeting elects three to eight members to the Board of Directors of Trainers’ House. The term of the members of the Board of Directors ends at the end of the next Annual General Meeting. The Board elects a chairperson from among its members. During the term 2021–2022, there were four members.

Jari Sarasvuo has been the Chairperson of the Board since 2021. The Board’s work is organized in accordance with the Board’s rules of procedure in force at the time. The members of the Board of Directors and the shareholdings in the company are presented on page 50 of annual report 2021.

Meetings

The Board convened 14 times in 2021. The attendance rate at Board meetings was 93%.

Board remuneration

The Annual General Meeting of 2021 decided on a remuneration of EUR 3,500 per month for the Chairperson of the Board and EUR 1,500 per month for the members of the Board. There is no separate meeting fee.

JARI SARASVUO

Chairperson of the Board. Member of the Board since 2013.
Year of birth: 1965
Education: Studies in Economics

Essential work experience

Trainers’ House Plc, CEO, 2008–2010
Trainers’ House Plc, Chairperson of the Board, 1990-2007
Trainers’ House Plc, Entrepreneur since 1990
Entrepreneur since 1990.

Other essential positions of trust

Hannoa Oy, Chairperson of the Board 2017-
Holdings in the company: Directly and through a controlled company; 7,377,621 shares.
Jari Sarasvuo is not independent of the company or its significant shareholders within the meaning of the Corporate Governance Code, as he is responsible for the company’s operational marketing and owns 36.9% of Trainers’ House Plc’s shares.

AARNE AKTAN

Member of the Board since 2006.
Year of birth: 1973
Education: B.Sc. (Econ.)

Essential work experience

Synlab Oy, CEO 2019-
Pihlajalinna Oy, CEO 2016-2017
Talentum Oyj, CEO 2011-2016
Quartal Oy, CEO 1998–2011
Kauppamainos Bozell Oy, Communications Manager 1997–1998

Other essential positions of trust

Smartum Oy, Chairperson of the Board 2019-
Intera Equity Partners III Oy, Member of the Board 2016-
Solteq Plc, Member of the Board 2015-
Great Expectations Capital Oy, Chairperson of the Board 2007-
Holdings in the company: Directly and through a controlled company; shares 604,200 shares.
A member of the Board is independent of the company and significant shareholders.

JARMO HYÖKYVAARA

Board member since 2011
Year of birth: 1965
Education: MBA

Essential work experience

Smartum Oy, Chairperson of the Board 2013-2018
Member of the Board, 1995-2009, 2011-2012
CEO 2003-2007
The Orange Company Oy, Chairperson of the Board 2013-

Other essential positions of trust

Maria 01, Member of the Board 2016-
Helsinki Chamber of Commerce, Education and Labor Committee 2020-
Finnish Entrepreneurs, Competence Committee 2020-

Holdings in the company: 120,000 shares through a controlled company.

A member of the Board is independent of the company and significant shareholders.

ELMA PALSILA

Member of the Board since 2020
Year of birth: 1993
Education: M.Sc. (Econ.)

Essential work experience

Trainers’ House Plc, Change Project Manager 2019-
Trustmary Finland Oy, Director of Customer Experience Research, 2017-2018
Trustmary Finland Oy, Customer Experience Specialist, 2016-2017
Pörssi ry, Training Course Coach, 2016

Holdings in the company: No holdings

Elma Palsila is not independent of the company or its significant shareholders within the meaning of the Corporate Governance Code, as she works in the company as a change project manager.