Finland-based nonwovens manufacturer Suominen’s three largest registered shareholders Ahlstrom Capital BV, Etola Group Oy, and Oy Etra Invest Ab have nominated members Lasse Heinonen and Mikael Etola to the Shareholders’ Nomination Board.

Heinonen, president and CEO of A Ahlstrom Oy, was appointed by Ahlstrom Capital BV, while Etola, CEO, Etola-Yhtiot, was appointed by Etola Group Oy and Oy Etra Invest Ab, Suominen said in a press release.

Jaakko Eskola, chair of Suominen’s board of directors, serves as the third member of the nomination board. The shareholders entitled to appoint members to the nomination board were determined on the basis of the registered holdings in the company’s shareholders’ register on September 1, 2023.

In its organising meeting on September 4, 2023, the nomination board elected Heinonen as the chair of the nomination board. The nomination board decided to invite Peter Seligson, chair of the board of directors of A Ahlstrom Oy, to attend the nomination board’s meetings as an advisor.

The shareholders’ nomination board prepares the proposals on the number, composition, and remuneration of the members of the board of directors to the Annual General Meeting. The nomination board shall submit its proposals to the board of directors no later than February 1, 2024 prior to the Annual General Meeting.