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Fortum’s Board Elections and Strategic Decisions: A Look at the Company’s Future in the Energy Sector.

Fortum’s Board Composition Decided at General Meeting

Fortum’s Board Elections and Strategic Decisions: A Look at the Company’s Future in the Energy Sector.

Fortum recently held a general meeting where nine individuals were elected to the board. Mikael Silvennoinen was chosen as the chairman, and Essimari Kairisto was appointed as the vice president. In addition, Ralf Christian, Luisa Delgado, Jonas Gustavsson, Marita Niemelä, Prank Paavola, Johan Söderström, and Vesa-Pekka Takala were elected as members of the board.

At the meeting, discharge from liability for the 2023 financial year was granted to all board members and the CEO. The board approved a dividend of EUR 1.15 per share for shareholders. Furthermore, authorization was granted to the board to make decisions regarding the acquisition of Fortum’s own shares. This authorization allowed for a maximum purchase of 20 million shares. This decision revoked an earlier authorization granted at Fortum’s annual general meeting in 2023.

During this general meeting, Fortum also announced that it would be giving up its state seat on its board when Maia Strandberg left his position.

Overall, this general meeting was significant in that it marked several important decisions for Fortum’s future growth and success. With new leadership in place and authorization to acquire more shares, Fortum is well-positioned to continue innovating and expanding its operations in various energy sectors.

In conclusion, Fortum’s recent general meeting saw important changes to its board composition and corporate strategy. With new leadership in place and authorization to acquire more shares, Fortum is poised for continued growth and success in the energy sector.

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