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Sampo plc has a Managing Director who is simultaneously Group CEO and President of Sampo Group. The Board of Directors elects and releases the Group CEO, and decides on Croup CEO's terms of employment and other compensation.
The Group CEO of Sampo Group is in charge of the daily management of Sampo, subject to the instructions and control of the Board of Directors. The Group CEO is empowered to take extraordinary and broad-ranging actions, taking into account the scope and nature of Sampo's operations, only upon authorisation by the Board of Directors. The Group CEO ensures the legal compliance of Sampo's accounting and the trustworthy organisation of asset management.
The Managing Director of Sampo plc and the CEO and President of Sampo Group is Mr. Kari Stadigh.
According to Mr. Stadigh's service contract, the notice period is six months. Mr. Stadigh is not entitled to any severance compensation. Mr. Stadigh's service contract entitles him to a defined contribution pension.
More detailed information regarding Group CEO's salary and pension agreements can be found in Sampo's Remuneration Report.