Teleste Corporation’s Board of Directors establishes a Personnel and Remuneration Committee
Teleste Corporation
Stock exchange release
September 6, 2023, at 15:00 EEST
TELESTE CORPORATION´S BOARD OF DIRECTORS ESTABLISHES A PERSONNEL AND REMUNERATION COMMITTEE
The Board of Directors of Teleste Corporation has decided to establish a Personnel and Remuneration Committee to assist the Board of Directors in matters pertaining to the personnel and remuneration. The Board of Directors of Teleste Corporation elected Timo Luukkainen as Chairman and Heikki Mäkijärvi and Kai Telanne as members of the Personnel and Remuneration Committee.
The purpose of the Committee is to contribute to the development and allocation of Teleste's strategically important capabilities and human resources and to provide the Board of Directors with relevant information on the current state of the employees and future objectives.
The Personnel and Remuneration Committee does not have an independent decision-making power, but it is a preparatory body. The Board of Directors makes the decisions within its competence collectively.
TELESTE CORPORATION
Board of Directors
Inquiries for more information:
Esa Harju
CEO, Teleste Corporation
Tel. +358 2 2605 611
[email protected]
About Teleste
Teleste offers an integrated product and service portfolio that makes it possible to build and run a better networked society. Our solutions bring television and broadband services to you, secure your safety in public places and guide your use of public transport. With solid industry experience and drive for innovations, we are a leading international company in broadband, security and information technologies and related services. We connect with our customers through a global network of offices and partners. In 2022, Teleste's net sales reached EUR 165 million and it had approximately 860 employees. Teleste is listed on Nasdaq Helsinki. For more information, visit www.teleste.com.
