HELSINKI - The Nomination and Remuneration Committee of Sampo plc's Board of Directors has recommended adjustments to board remuneration and a reduction in board size for the upcoming Annual General Meeting (AGM) scheduled on April 23, 2025. The proposed changes include an increase in annual fees for the Chair, Vice Chair, and other board members, as well as additional fees for the Chair and members of the Audit Committee.
According to the committee's proposal, the Chair's annual fee would rise to EUR 243,000 from EUR 235,000, and the Vice Chair's fee would increase to EUR 140,000 from EUR 135,000. Other board members would receive EUR 108,000, up from EUR 104,000. The Chair of the Audit Committee would see an additional annual fee of EUR 30,000, increased from EUR 29,000, with other Audit Committee members receiving an additional EUR 6,800, up from EUR 6,600.
The committee also suggests decreasing the number of board members from nine to eight. It recommends re-electing seven current members: Christian Clausen, Steve Langan, Risto Murto, Antti Mäkinen, Markus Rauramo, Astrid Stange, and Annica Witschard. Georg Ehrnrooth and Jannica Fagerholm are not seeking re-election. Sara Mella is proposed as a new candidate for the board. The committee further proposes Antti Mäkinen for the Chair and Risto Murto for the Vice Chair of the Board.
The information is based on a press release statement from Sampo plc, detailing the committee's propositions, including the professional background of the new board member nominee, Sara Mella. These proposals will be presented for approval at the AGM, marking a potential shift in the governance structure of the company.
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