President and CEO and the Exel Leadership Team

Paul Sohlberg

President and CEO

Mikko Rummukainen

CFO

Juha Honkanen

EVP, Engineered Solutions Business Unit

Kathy Wang

EVP, Industrial Solutions Business Unit

Kim Sjödahl

SVP, Technology and Sustainability

Johanna Tuomisto

SVP, People & Culture

Born 1977, LL.M
President and CEO

Joined the company in March 2023
Member of the Exel Leadership Team since 2023
Finnish citizen

Previous main positions

Senior Vice President, Separation Business Line at Metso Outotec

Executive Vice President and President of the Minerals Processing Business Area at Outotec

President of Outotec in North and Central America

Various positions at Elektrobit Plc

Areas of responsibility

  • Creation of added value to the Group and shareholders
  • Managing and developing the Group’s business operations to achieve profitable growth
  • Developing the corporate strategy
  • Implementing the Board of Directors’ decisions
  • Developing and maintaining a well-functioning organization
  • Customer and investor relationships
  • Other responsibilities of the President and CEO

Born 1978, D.Sc. (Tech.)
CFO

Joined the company in 2011
Member of the Exel Leadership Team since 2019
Finnish citizen

Previous main positions

SVP, Business Development, Exel Composites
Vice President, Business Development, Exel Composites
Business Unit Manager, Exel Composites
Project Manager, August Associates
Researcher, Helsinki University of Technology

Areas of responsibility

  • Accounting and Treasury
  • Business Controlling
  • Investor Relations
  • Information and Communications Technology
  • Legal matters
  • Risk Management
  • Business development
  • Secretary to the Company’s Board of Directors

Born 1979, M.Sc. (Eng.)
EVP, Engineered Solutions Business Unit

Joined the company in 2007
Member of the Exel Leadership Team since 2024
Finnish citizen

Previous main positions

Business Unit Manager Finland, Exel Composites
Factory Manager, Exel Composites
Production Manager, Exel Composites
Head of R&D, North Europe, Exel Composites

Areas of responsibility

  • Leading Engineered Solutions Business Unit

Born 1982, B.Sc. (Eng.), B.Sc. (International Trade)
EVP, Industrial Solutions Business Unit

Joined the company in 2014
Member of the Exel Leadership Team since 2024
Chinese citizen

Previous main positions

Business Unit Manager China, Exel Composites
Head of Supply chain Asia-Pacific, Exel Composites
Head of Purchasing and Logistic, ABB Electrical Machines, China

Areas of responsibility

  • Leading Industrial Solutions Business Unit

Born 1974, M.Sc. (Eng.)
SVP, Technology and Sustainability

Joined the company in 1997
Member of the Exel Leadership Team since 2012
Finnish citizen

Previous main positions

SVP, R&D and Technology, Exel Composites
VP, Product Development, Finnish and German units, Exel Composites

 

Areas of responsibility

  • Group-wide development of products, product platforms and product technology and tooling
  • Leading, coordinating and developing product development activities in the Group
  • Leading R&D and IPR management activities
  • Leading Group’s sustainability activities

Born 1966, LL.M
SVP, People & Culture

Joined the company in 2023
Member of the Exel Leadership Team since 2023
Finnish citizen

Previous main positions

HR Director, Nanoform Finland Plc
HR Director, Thermo Fisher Scientific Oy
SVP, Administration, Finnvera Oyj
Director, Legal & HR, Partner, Evli

Areas of responsibility

  • People aspects in strategy development and execution
  • Talent development
  • Leadership development
  • Culture

Duties of the President and CEO and the Exel Leadership Team

The President and CEO is appointed by the Board to run the Company on a day-to-day basis in compliance with existing laws and regulations, as well as instructions and decisions given by the Board. Since duties of the Board include supervision of the managing director, Exel Composites’ President and CEO shall not be elected as member of the Board. The areas of responsibility of the President and CEO include, in addition to the above mentioned legal requirements, and implementing the Board’s decisions, specifically also securing growth of the business, acquisitions and strategic projects, the increase in shareholder value, profitability and efficiency of operations, and investments within the limits defined by the Board.

The Board of Directors has adopted Rules of Procedure for the Managing Director containing guidelines and instructions regarding the Company’s day-to-day management.

The President is supported by the Exel Leadership Team and is also a member of it. The Exel Leadership Team includes, in addition to President and CEO, CFO, EVP, Engineered Solutions Business Unit, EVP, Industrial Solutions Business Unit, SVP, Technology and Sustainability and SVP, People & Culture. President and CEO makes a proposal for the Exel Leadership Team members and the Board of Directors approves the final composition of the Team. President and CEO also directs the Exel Leadership Team’s activities. The Exel Leadership Team meets ten to twelve times a year in regular monthly management meetings. Its duties include, in addition to daily running of the business and development of all areas of the business, also drawing up business and strategic plans and implementing them.

President and CEO presents the remuneration of the other members of the Exel Leadership Team to the Board, which makes the decision on the remuneration.

Exel Composites’ Board of Directors has approved the principles of a performance-based bonus system for the Group’s top management.