Company management

09.02.2024

President and CEO

Kesko has a managing director who is the President and CEO. Kesko's President and CEO is Jorma Rauhala,Master of Science (Economics). He became Kesko's President and CEO on 1 February 2024.

The President and CEO's duty is to manage Kesko Group's operations in accordance with the instructions and orders issued by the Company's Board of Directors and to report to the Board developments in the Company's business operations and financial situation. He is also responsible for organising the Company's day-to-day governance and for the company's accounting complying with legislation and financial matters being organised in a reliable manner. The President and CEO also chairs the Group Management Board.

The President and CEO is elected by the Board of Directors. The Board has decided the terms and conditions of the President and CEO's service contract. A written managing director's service contract, approved by the Board, has been made between the Company and the President and CEO.

Group Management board

Kesko Group has a Group Management Board, the Chair of which is Kesko's President and CEO.

Group Management Board members and areas of responsibility areas at 1 February 2024

	Member of Group Management Board since	Responsibility area
Jorma Rauhala, President and CEO and president of the building and technical trade division	5 Feb. 2013	Kesko's President and CEO Building and technical trade
Ari Akseli, President of the grocery trade division	15 Nov. 2017	Grocery trade
Sami Kiiski, President of the car trade division, head of Kesko’s sports trade, CEO of Intersport Finland Oy	1 June 2023	Car trade
Jukka Erlund, Executive Vice President, CFO	1 Nov. 2011	Finance and Accounting, IT, Risk Management, M&A
Riikka Joukio, Executive Vice President	12 Apr. 2021	Corporate Responsibility and Public Affairs
Matti Mettälä, Executive Vice President	1 Oct. 2012	Human Resources
Karoliina Partanen, Executive Vice President, Communications	1 Oct. 2020	Communications, Brand and Stakeholder Relations

Mikko Helander acted as Kesko Corporation's Managing Director and Kesko Group's President and CEO from 1 January 2015 until he retired on 31 January 2024.

Matti Virtanen was a member of the Group Management Board until 31 May 2023.

* Helander became Kesko's Executive Vice President and Group Management Board member on 1 October 2014. As from 1 January 2015, he is Kesko's President and CEO and Chairman of the Group Management Board.

The Group Management Board does not have any powers under law or the Articles of Association. The Group Management Board's duty is to discuss Group-wide development projects and Group-level policies and procedures. In addition, the Group Management Board discusses the Group's and the division parent companies' business plans, profit performance and matters dealt with by Kesko's Board of Directors, in whose preparation it also participates. The Group Management Board typically meets 14–18 times a year.