Board of Directors
According to F-Secure’s Articles of Association, F-Secure’s Board of Directors will consist of a minimum of three (3) and a maximum of seven (7) members. The Board of Directors is responsible for F-Secure’s strategy and overseeing and monitoring F-Secure’s business. The CEO, assisted by the Leadership Team of F-Secure, are responsible for managing F-Secure’s business and implementing its strategic and operational targets. The term of office of the members of the Board of Directors expires at the end of the first Annual General Meeting following their election.
To create openness, one member of the Board of Directors is proposed to be elected from among F-Secure personnel. An election is arranged annually for F-Secure personnel and each permanent F-Secure employee is eligible to stand as a candidate. The representatives of the Board of Directors interview three persons who have obtained the highest number of votes in the elections and choose a candidate from amongst them to be proposed for election as a member of the Board by the Annual General Meeting. As an employee of the company, the Board member elected from among F-Secure personnel does not participate in any matters that relate to, for example, leadership appointment (or dismissal), remuneration or other terms of employment or service, or industrial action, as the Board may handle from time to time.
Independence of the Board
The Board of Directors has evaluated the independence of its members of the company and of significant shareholders. All members are independent of the Company’s major shareholders with the exception of Risto Siilasmaa, who is himself a significant shareholder of the Company. All members are independent of the Company with the exception of Katja Kuusikumpu, who is an employee of the Company.
The Board of Directors may establish permanent committees to assist the Board of Directors in the preparation and performance of the Board of Directors’ duties and responsibilities and determine their sizes, compositions and tasks. In addition to permanent committees, the Board of Directors may in individual cases appoint ad hoc committees for the preparation of specific matters.
Audit Committee
The Audit Committee monitors and evaluates risk management, internal controls, IT strategy and practices, financial reporting as well as auditing. The Audit Committee also prepares a proposal for the election of an auditor to the Board of Directors and regularly considers the need for a separate internal audit function. Members of the Audit Committee must have broad business knowledge, as well as sufficient expertise and experience with respect to the committee’s area of responsibility and the mandatory tasks relating to auditing. From among its members, the Board elected Petra Teräsaho (Chair), Pertti Ervi and Cornelia Schaurecker as members of the Audit Committee.
Personnel and Nomination Committee
The Personnel and Nomination Committee prepares material and instructs with issues related to the composition and compensation of the Board of Directors and remuneration of the other members of the top management of the company. The Committee assists in the preparation of Board proposals to the shareholders related to these matters, as governed by the Finnish Limited Liability Companies Act. The Personnel and Nomination Committee is neither a decision-making nor an executive body. Personnel and Nomination Committee calls in experts to its meetings when necessary for the issues to be discussed. Materials of Committee meetings are made available for all members of the Board of Directors. The Personnel and Nomination Committee convenes at least two times a year as notified by the Chair of the Committee. From among its members, the Board elected Pertti Ervi (Chair), Alessandro Adriani and Roxana Diaconescu as members of the Personnel and Nomination Committee.
Chair of the Board since 2022
Chair of the Personnel and Nomination Committee since 2024
Member of the Audit Committee since 2022
Finnish citizen
Gender: Male
Main occupation: Independent management consultant and a professional board member
Ervi holds a Bachelor of Science degree in electronics and several management studies.
Board member since 2022
Chair of the Board’s Audit Committee since 2022
Finnish citizen
Gender: Female
Main occupation: Transmeri Group, CFO
Paulig Group, member of the Board of Directors since 2020, and Chair of Audit Committee
Teräsaho holds a Master of Science in Accounting and Finance
Board member since 2025
Indian citizen
Gender: Male
Main occupation: Director of Engineering, Scam Protection at F-Secure.
Mittal holds a Bachelor of Engineering degree in Computer Science and Engineering.
Board member since 2025
Member of the Audit Committee since 2025
Austrian citizen
Gender: Female
Main occupation: Senior Executive Advisor, Bain & Company
Schaurecker’s educational background includes studies at Hanken School of Business, Johannes Kepler University and the University of Hohenheim.
Board member since 2024
Finnish citizen
Gender: Male
Main occupation: Nokia, President, Mobile Networks
Uitto holds a degree of Master of Science in Industrial Management and a degree of Master of Science in Operations Management from Michigan Technological University
Board member since 2025
Member of the Personnel and Nomination Committee since 2025
Italian citizen
Gender: Male
Main occupation: SVP, British Telecom
Adriani holds MBAs from CUOA Business School and Henley Business School along with a BA in Economics from Siena University and Reading University.
Board member since 2025
Member of the Personnel and Nomination Committee since 2025
Romanian citizen
Gender: Female
Main occupation: CTO, SilverRail Technologies
Diaconescu has a Masters degree from the University Politehnica Bucharest and a doctorate in computer science from Norwegian University of Technology and Natural Science (NTNU).