Konecranes Nomination Board Proposes Board Composition and Compensation
Konecranes Plc's Shareholders' Nomination Board has announced its proposals for the company's Board of Directors' composition and compensation ahead of the upcoming Annual General Meeting.
The Shareholders' Nomination Board of Konecranes Plc has proposed changes to the composition and remuneration of the company's Board of Directors. The Board proposes that the number of members of the Board of Directors be confirmed as seven.
The proposal includes the re-election of current members Teuvo Rintamäki, Anders Ekblom, Henrik Ehrnrooth, Niklas Halla, Peter Sarlin, and Christopher Wertanen. Lena Nielander is proposed as a new member. The current Chairman and Deputy Chairman are proposed to continue in their roles.
Furthermore, the Nomination Board suggests that the annual compensation for Board members remain unchanged. The proposal is for an annual compensation of EUR 42,000 for the Chairman, EUR 30,000 for the Deputy Chairman, and EUR 24,000 for other members. Meeting fees are also proposed to remain at the same level as the previous term.
These proposals will be presented at Konecranes' Annual General Meeting, scheduled for a later date in 2024. The Annual General Meeting will make the final decisions regarding the Board members and their compensation.