Management

Last updated: January 3, 2022

The President and CEO manages the Group and its businesses with the support of the Global Executive Team. 

President and Chief Executive Officer add_circle_outline

The President and CEO manages the Group and its businesses. According to the Companies Act the President and CEO is in charge of the day-to-day management of the Company in accordance with the instructions and orders given by the Board and is responsible for ensuring that the book-keeping of the Company complies with the law and that the financial administration is arranged in a reliable manner. The President and CEO is responsible for the achievement of the goals, plans and objectives set by the Board. The President and CEO is the Chairman of the GET.

Charles Héaulmé (born 1966), B.Sc. (Business Administration), has acted as the Group President and CEO of Huhtamaki as of April 26, 2019. Before joining the Company, Charles Héaulmé acted in several different roles in Tetra Pak Group, latest position being Vice President Europe and Central Asia. Further information on the President and CEO Charles Héaulmé as well as his shareholding in the Company is available later in this statement in connection with information on other GET members.

Certain key conditions of the written Service Agreement between the Company and the President and CEO Charles Héaulmé, President and CEO’s remuneration and information on the pension arrangement of the President and CEO are available in the Remuneration Report for Governing Bodies and published in connection with the Directors’ Report and available in section Remuneration.

On December 21, 2021, it was announced that the President and CEO Charles Héaulmé has been diagnosed with a cancer and is taking a leave of absence from early January 2022, to undergo treatment. He is expected back in the second quarter of 2022. Thomas Geust, CFO, has been appointed as interim Deputy CEO of Huhtamäki Oyj, effective January 1, 2022. Thomas reports to the Board of Directors and assumes the duties of the CEO until the end of Charles’ leave of absence.

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President and CEO Charles HéaulméHoldings of Huhtamaki shares and option rights by the President and CEOFurther information on the remuneration of the President and CEO

Interim Deputy CEO Thomas Geust Holdings of Huhtamaki shares and option rights by the Interim Deputy CEOFurther information on the remuneration of the Interim Deputy CEO

Global Executive Team add_circle_outline

The GET supports the President and CEO in the management of the Group and its businesses. It addresses and follows the implementation of the Group strategy and overall financial performance as well as the fulfillment of significant projects and set targets. The GET has no formal status under company law. The GET consists of the President and CEO as the Chairman and the executives approved by the Board. The GET members report to the President and CEO. Each GET member has a clear operational responsibility within a Global function or a business segment. The GET convenes at least once a month.

The following persons belong to the GET:

Charles Héaulmé
Thomas Geust
Marco Hilty 
Eric Le Lay
Ann O'Hara
Thomasine Kamerling
Marina Madanat
Sami Pauni
Ingolf Thom
Antti Valtokari

(Updated January 10, 2021)

Shares owned by the GET members on Dec 31, 2020

Charles Héaulmé 15,000
Thomas Geust 16,000
Thomasine Kamerling 0
Eric Le Lay 10,464
Marina Madanat 0
Sami Pauni 5,375
Antti Valtokari 0
GET Total 60,631

The shareholdings include the Company’s shares owned by the GET members and by any potential corporations over which a GET member exercises control. GET members do not own any shares in any other Group companies than the Company.

Up-to-date information of the shares owned by the GET members can be found here.

Information on the remuneration of the GET members is available in section Remuneration.

On December 21, 2021, it was announced that the President and CEO Charles Héaulmé has been diagnosed with a cancer and is taking a leave of absence from early January 2022, to undergo treatment. He is expected back in the second quarter of 2022. Thomas Geust, CFO, has been appointed as interim Deputy CEO of Huhtamäki Oyj, effective January 1, 2022. Thomas reports to the Board of Directors and assumes the duties of the CEO until the end of Charles’ leave of absence. Eric Le Lay, President Fiber Foodservice EAO, has been appointed as interim Chief Operating Officer effective January 1, 2022. Eric reports to the Board of Directors on the said position until the end of Charles’ leave of absence. The two Business Segment Presidents Marco Hilty, President Flexible Packaging, and Ann O’Hara, President North America, will report to Eric.

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Global Executive Team membersGlobal Executive Team members' holdings of Huhtamaki shares and option rightsFurther information on Global Executive Team members' remuneration