Bloomberg News

Finnish Companies Are Adding Female Board Members, Report Shows

May 03, 2012

The number of female board members in Finnish listed companies increased by 20 percent from a year ago, according to the country’s Chamber of Commerce.

Women now constitute 22 percent of all board members in Finnish companies, compared with 18 percent in spring 2011, the Helsinki-based organization said in a report published today.

The average annual salary for chief executive officers in companies with large market capitalization amounted to about 1 million euros ($1.3 million), two thirds of it in fixed salary and one third in incentive bonuses, according to the organization. The number does not include long-term incentive programs, it said.

To contact the reporter on this story: Kasper Viita in Helsinki at kviita1@bloomberg.net

To contact the editor responsible for this story: Tasneem Brogger at tbrogger@bloomberg.net


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