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HomeAll newsMost read newsBusiness Leaders Biography
Age : 64
Public asset : 15,758,321 USD
Linked companies : Sampo Oyj - Nokia Oyj
Biography : Kari Henrik Stadigh is a Finnish businessperson who has been at the helm of 11 different companies.

Sampo Oyj Changes In Sampo Group's Executive Management

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02/07/2019 | 02:57am EST
TIDMSAMPO 
 
   SAMPO PLC           STOCK EXCHANGE RELEASE     7 February 2019 at 9:40 
pm 
 
 
 
   Changes in Sampo Group's executive management 
 
   The Group CEO and President of Sampo Kari Stadigh will retire on 31 
December 2019. He also steps down as Chairman of If P&C Insurance Board 
of Directors as of 7 February 2019. 
 
   Sampo's Board of Directors has today appointed Torbjörn Magnusson, 
the CEO of If, to succeed him as Group CEO and President of Sampo Group, 
effective 1 January 2020. Magnusson will take over as Chairman of If P&C, 
effective immediately. 
 
   Furthermore, the Nomination Board of Nordea has today proposed to the 
AGM that Torbjörn Magnusson be elected as the Chairman of the Board 
of Nordea. Björn Wahlroos has informed Nordea's Nomination Board of 
his intention to step down from the Board at the next AGM. 
 
   Torbjörn Magnusson will immediately start focusing on his new 
responsibilities. The Sampo and If Boards have therefore today appointed 
Morten Thorsrud, the Head of If Business Area Private, to succeed him as 
the CEO of If, effective immediately. Thorsrud will in turn be succeeded 
by Ingrid Janbu Holthe as Head of If BA Private. She is currently SVP 
for Sales & Services Norway of If BA Private and will at the same time 
become a member of the Group Executive Committee of Sampo Group. 
 
   The Nomination Committee of Topdanmark has today nominated Ricard 
Wennerklint, the Deputy CEO of If, to be elected Chairman of the Board 
of Topdanmark. He will succeed Torbjörn Magnusson, who resigns from 
the Board. 
 
   All CV:s are appended. 
 
   Further information 
 
   For the media, further information is available at the press conference 
held today. Languages used at the press conference are English and 
Finnish. No interviews are given prior to the press conference. 
 
   For investors and analysts, further information is available at the 
English-language conference call held today. 
 
   Press conference 
 
   7 February at 1:00 Finnish time 11:00 am UK time) 
 
   Restaurant Palace (10(th) floor), Eteläranta 10, Helsinki 
 
   Available for the media: 
 
   Björn Wahlroos, Chairman of the Board 
 
   Kari Stadigh, Group CEO and President 
 
   Torbjörn Magnusson, future Group CEO and President 
 
   To attend the press conference and for interview requests please contact 
Mirko Hurmerinta via e-mail, mirko.hurmerinta@sampo.fi 
 
   The press conference can also be followed as a live webcast at 
www.sampo.com/result. A recorded version will later be available at the 
same address. 
 
   Conference call 
 
   7 February at 5:00 Finnish time (3:00 pm UK time) 
 
   To attend the conference call, please call +44 (0)333 300 0804, +1 631 
913 1422, +46 (0)8 5664 2651 or +358 (0)9 8171 0310. Confirmation code: 
69958632#. 
 
   Group CEO and President Kari Stadigh, future Group CEO and President 
Torbjörn Magnusson, Group CFO Knut Arne Alsaker and Head of IR and 
Group Communications Jarmo Salonen will attend the conference call. 
 
   The conference call can also be followed live at www.sampo.com/result. A 
recorded version will later be available at the same address. 
 
   SAMPO PLC 
 
   The Board of Directors 
 
   Additional information 
 
   Jarmo Salonen 
 
   Head of Investor Relations and Group Communications 
 
   tel. +358 50 424 0030 
 
   Mirko Hurmerinta 
 
   IR & Communications Specialist, Media Relations 
 
   tel. +358 10 516 0032 
 
   Distribution: 
 
   Nasdaq Helsinki 
 
   London Stock Exchange 
 
   The principal media 
 
   Financial Supervisory Authority 
 
   www.sampo.com 
 
   ANNEX 
 
   Curriculum Vitaes, 7 February 2019 
 
   BJÖRN WAHLROOS 
 
   Chairman of the Board, Sampo plc 
 
   Born 1952 
 
   EDUCATION 
 
   Hanken School of Economics 
 
 
   -- Ph.D. (Econ) 1979 
 
   -- M.Sc. (Econ) 1975 
 
   -- B.Sc. (Econ) 1974 
 
 
 
   CAREER 
 
   Sampo plc 
 
 
   -- Group CEO and President 2001-2009 
 
   -- Member of the Sampo Group Executive Committee 2001-2009 
 
 
   Mandatum Bank plc 
 
 
   -- Chairman and CEO 1998-2000 
 
 
   Mandatum & Co Ltd 
 
 
   -- Vice Chairman and CEO 1997-1998 
 
   -- President and Senior Partner 1992-1997 
 
 
   Union Bank of Finland 
 
 
   -- Executive Vice President and Member of the Executive Committee 1989-1992 
 
   -- Senior Vice President and Member of the Board of Management 1987-1988 
 
   -- First Vice President and Deputy Member of the Board of Management 
      1985-1987 
 
 
   Kellogg Graduate School of Management, Northwestern University, Evanston, 
Illinois 
 
 
   -- Visiting Associate Professor of Managerial Economics and Decision 
      Sciences 1983-1984 
 
 
   Brown University, Providence, Rhode Island 
 
 
   -- Visiting Assistant Professor of Economics 1980-1981 
 
 
   Hanken School of Economics 
 
 
   -- Professor of Economics 1979-1985 
 
   -- Assistant Professor and Lecturer in Finance 1974-1979 
 
 
   POSITIONS OF TRUST 
 
   Sampo plc 
 
 
   -- Chairman of the Board 2009- 
 
   -- Board Member 2001-2009 
 
 
   Nordea Bank Abp 
 
 
   -- Chairman of the Board 2011- 
 
   -- Vice Chairman of the Board 2009-2011 
 
   -- Board Member 2008-2009 
 
 
   UPM-Kymmene Corporation 
 
 
   -- Chairman of the Board 2008- 
 
 
   The Mannerheim Foundation 
 
 
   -- Board Member 2007- 
 
 
   Finnish Business and Policy Forum EVA 
 
 
   -- Board Member 2005- 
 
 
   The Research Institute of the Finnish Economy ETLA 
 
 
   -- Board Member 2005- 
 
 
   Several other charitable institutions. 
 
   PREVIOUS POSITIONS OF TRUST 
 
   Hanken School of Economics 
 
 
   -- Chairman of the Board 2009-2018 
 
 
   Sampo Bank plc 
 
 
   -- Chairman of the Board of Directors 2005-2007 
 
   KARI STADIGH 
 
   Born 1955 
 
   CURRENT POSITION 
 
   Sampo Group 
 
 
   --  Group CEO and President 7 April 2009 - 31 December 2019 
 
 
   Sampo plc 
 
 
   -- Managing Director 7 April 2009 - 31 December 2019 
 
 
   EDUCATION 
 
   Hanken School of Economics 
 
 
   -- BBA 1980 
 
 
   Helsinki University of Technology 
 
 
   -- Master of Science (Eng.) 1979 
 
 
   CAREER 
 
   Sampo plc 
 
 
   -- Deputy CEO 2001-2009 
 
 
   Sampo Life Insurance Company Limited 
 
 
   -- President 1999-2001 
 
 
   Nova Life Insurance Company Ltd 
 
 
   -- President 1996-1998 
 
 
   Jaakko Pöyry Group 
 
 
   -- President and COO 1991-1996 
 
 
   JP-Finance Oy 
 
 
   -- President 1985-1991 
 
 
   POSITIONS OF TRUST 
 
   Nokia Corporation 
 
 
   -- Board Member 2011- 
 
   -- Member of Personnel Committee 2011 - 
 
   -- Member of Corporate Governance and Nomination Committee 2014 - 
 
 
   Waypoint Group Holdings SA 
 
 
   -- Board Member 2015- 
 
 
   Mandatum Life Insurance Company Limited 
 
 
   -- Chairman of the Board 2001- 
 
 
   PREVIOUS POSITIONS OF TRUST 
 
   If P&C Insurance Holding Ltd 
 
 
   -- Chairman of the Board 2002-2019 
 
 
   Nordea Bank AB (publ) 
 
 
   -- Board Risk Committee, Chairman 2011-2018 
 
   -- Board Member 2010-2018 
 
 
   Alma Media plc 
 
 
   -- Chairman 2005-2011 
 
 
   Aspo plc 
 
 
   -- Chairman 2000-2008 
 
   TORBJÖRN MAGNUSSON 
 
   Born 1963 
 
   POSITION AS OF 1 JANUARY 2020 
 
   Sampo Group 
 
 
   -- Group CEO and President 
 
 
   Sampo plc 
 
 
   -- Managing Director 
 
 
   EDUCATION 
 
   The Royal Institute of Technology, Stockholm 
 
 
   -- Licentiate of Engineering 1990 
 
   -- M.Sc. degree (Engineering Physics) 1987 
 
 
 
   CAREER 
 
   If P&C Insurance Holding Ltd 
 
 
   -- President and CEO 2002-2019 
 
   -- Member of the Group Management 2001-2019 
 
 
   If P&C Insurance Ltd 
 
 
   -- Head of Commercial Business Division 2001-2002 
 
   -- Head of Commercial Products 1999-2001 
 
 
   Skandia P&C 
 
 
   -- Head of P&C Support and Chief Actuary 1998-1999 
 
   -- Chief Controller 1996-1997 
 
 
   Mercantile & General Reinsurance, London 
 
 
   -- Chief Non-Life Actuary 1995-1996 
 
   -- Deputy Actuary 1994-1995 
 
 
   Skandia International 
 
 
   -- Non-life Actuary 1990-1993 
 
 
   Arthur Andersen & Co 
 
 
   -- Information Systems Consultant 1988-1989 
 
 
   POSITIONS OF TRUST 
 
   Nordea Bank Abp 
 
 
   -- Board Member 2018- 
 
 
   Topdanmark A/S 
 
 
   -- Chairman of the Board 2017- 
 
   -- Deputy Chairman of the Board 2015-2017 
 
   -- Board Member 2014-2015 
 
 
   If P&C Insurance Holding Ltd 
 
 
   -- Chairman of the Board 2019- 
 
   -- Board Member 2008-2019 
 
 
   Insurance Europe 
 
 
   -- Vice President 2013- 
 
 
   Swedish Insurance Federation 
 
 
   -- Board Member 2009- 
 
   -- Chairman 2006-2009 
 
 
   Swedish Insurance Employer Association 
 
 
   -- Board Member 2009- 
 
   -- Chairman 2006-2009 
 
 
   PREVIOUS POSITIONS OF TRUST 
 
   If P&C Insurance Ltd, Sweden 
 
 
   -- Chairman of the Board 2002-2019 
 
 
   Academedia 
 
 
   -- Board Member 2011-2016 
 
 
   Aleris 
 
 
   -- Board Member 2009-2010 
 
   MORTEN THORSRUD 
 
   Born 1971 
 
   CURRENT POSITION 
 
   If P&C Insurance Holding Ltd 
 
 
   -- President and CEO 2019- 
 
 
   Sampo plc 
 
 
   -- Member of the Sampo Group Executive Committee 2006- 
 
 
   EDUCATION 
 
   Norwegian School of Management 
 
 
   -- Master of Business and Economics 1996 
 
 
 
   CAREER 
 
   If P&C Insurance Ltd (publ) 
 
 
   -- Group Executive Vice President, Head of BA Private 2013-2019 
 
   -- Head of BA Industrial 2005-2013 
 
   -- Head of Industrial Underwriting and Claims 2004-2005 
 
   -- Head of Corporate Strategy 2002-2004 
 
 
   McKinsey & Company, Inc. Norway/Europe 
 
 
   -- Associate Partner 2001-2002 
 
   -- Engagement Manager 1999-2001 
 
   -- Associate 1997-1999 
 
   -- Junior Associate 1996-1997 
 
 
 
   POSITIONS OF TRUST 
 
   Finance Norway (Finans Norge, FNO) 
 
 
   -- Member of the Executive Committee of P&C Insurance, 2018- 
 
   -- Chairman of the Executive Committee of P&C Insurance, 2016-2018 
 
   -- Member of the Executive Committee of P&C Insurance, 2013-2016 
 
   RICARD WENNERKLINT 
 
   Born 1969 
 
   CURRENT POSITION 
 
   If P&C Insurance Holding Ltd 
 
 
   -- Member of the Board 2019- 
 
 
   If P&C Insurance Ltd (publ) 

(MORE TO FOLLOW) Dow Jones Newswires

02-07-19 0256ET

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