Management Board

The Company has a 3-member Management Board. Andres Allikmäe, the Chairman of the Managing Board and CEO of the Company, will continue work on the basis of the 3-years contract of service agreed on the 05.05.2017 and the mandate given to him. In addition to him the CFO of the AS Harju Elekter, Tiit Atso, and the Head of Real Estate and Energy Services, Aron Kuhi-Thalfeldt, were appointed as members of the Managing Board. The mandate of the new members of the Managing Board started on 01.11.2016 and it will end on 31.10.2019.

The competence and authority of the Management Board are listed in the Articles of Association and there are no specialities nor agreements concluded which state otherwise. The member of the Board is remunerated according to the contract of service. The chairman of the Board is entitled to receive a severance payment in the amount of 10 months’ and two members in the amount of 8 months’ remuneration of a member of the Management Board.

The everyday business activities of the Group are managed by the Chairman of the Management Board /CEO. The Chief Financial Officer and the Head of Real Estate and Energy Services of the Group are responsible for managing their domains in the whole Group. The members of the Managing Board participate in the work of the management and control bodies of the Group’s subsidiaries. Outside of Estonia compliance with good corporate governance is ensured by the local managements of the companies.

At 31 December 2017, the members of the Management Board owned in accordance with their direct and indirect ownerships totally 1.3% of AS Harju Elekter shares.

 

Chairman of the Management Board

 
Andres Allikmäe, born 7.02.1957
 
Education
Tallinn University of Technology (TUT), engineer
Career
1982 − 1991 Harju Elekter, engineer and head of department
1991 − 1999 Managing director of AS Harju Elekter Cable Harnesses Factory
1999 − Member of the Board and CEO of AS Harju Elekter
Participation in the management bodies of business organisations:
AS Harju Elekter Elektrotehnika, AS Harju Elekter Teletehnika, Energo Veritas OÜ − Ch of the Supervosory Board; Rifas UAB, Harju Elekter Kiinteistöt Oy, Harju Elekter AB, Sebab AB, Grytek AB− Ch of the Management Board; Satmatic Oy, Finnkumu Oy, Telesilta Oy - Member of the Management Board
 
Andres Allikmäe owns 225,000 of Harju Elekter shares. He has direct participation 1.27%. He doesn’t have indirect holdings.
 

Members of the Management Board


Tiit Atso
(11.12.1982)

Education: Tallinn University of Technology (TUT)
Career:
2012 - 2014 AS Viru Keemia Grupp, project finance manager
2014 - 2015 AS Harju Elekter, chief economist
2015 -         AS Harju Elekter, CFO of the Group
Participation in the management bodies of business organisations:
AS Harju Elekter Teletehnika, AS Energo Veritas OÜ, AS Harju Elekter Elektrotehnika, Skeleton Technologies Group OÜ, Floorin AS - member of the Supervisory Board; Satmatic Oy, Finnkumu Oy, Rifas UAB, Harju Elekter Kiinteistöt Oy, Telesilta Oy, Sebab AB, Grytek AB - member of the Management Board

Tiit Atso does not ownes Harju Elekter shares.


Aron Kuhi-Thalfeldt (05.09.1981)

Haridus: Tallinn University of Technology (TUT)
Career:
2003 - 2007 AS Harju Elekter, Construction and Energy Services dept engineer
2007 - AS Harju Elekter,  Head of Real estate and Energy Services dept
Participation in the management bodies of business organisations:
Harju Elekter Kiinteistöt Oy - member of the Management Board

Aron Kuhi-Thalfeldt owns 11,000 of Harju Elekter shares. He has direct participation 0.06%. He doesn’t have indirect holdings.