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Basware Oyj (BAS1V.HE)

BAS1V.HE on Helsinki Stock Exchange

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Summary

Name Age Since Current Position

Ilkka Sihvo

56 2018 Chairman of the Board

Vesa Tykkylainen

58 2016 Chief Executive Officer

Michael Ingelog

47 2018 Vice Chairman of the Board

Niclas Rosenlew

46 2017 Chief Financial Officer

Paul Taylor

61 2016 Senior Vice President, Global Sales

Jane Broberg

52 2015 Senior Vice President, Human Resources

Ilari Nurmi

43 2018 Senior Vice President, Business Development and Alliances

Mikko Pilkama

46 2018 Senior Vice President, Products

Jussi Vasama

44 2017 Senior Vice President, Customer Services

Eric Wilson

43 2018 Senior Vice President, North America

Klaus Andersen

54 2018 Chief Technology Officer

Lars Madsen

44 2016 Chief Marketing Officer

David Bateman

44 2016 Director

Daryl Rolley

48 2018 Director

Asko Schrey

61 2018 Director

Tuija Soanjarvi

63 2013 Independent Director

Biographies

Name Description

Ilkka Sihvo

Mr. Ilkka Sihvo has served as Chairman of the Board of Directors of Basware Oyj since March 15, 2018. He was Independent Vice Chairman of the Company's Board from February 16, 2012 until March 15, 2018. He previously served as Chief Executive Officer of the Company between 2005 and December 31, 2011. He has been with the Company from 1989 and joined the Company's Executive Team in 2005. From 2000 until 2004, he served as Chief Financial Officer and he was Member of the Company's Board of Directors between 1990 and 2004. In addition, he held consulting and management positions at Basware Oyj from 1989 to 1999. He has been CEO of Softaforce from 2012 and of Solaforce Oy from 2014. He holds Master of Science degree in Economics and Master of Science degree in Technology (Engineering).

Vesa Tykkylainen

Mr. Vesa Tykkylainen has been Chief Executive Officer at Basware Oyj since September 26, 2016. He was Senior Vice President, Network of the Company from January 2016 until September 26, 2016. Prior to Basware, Vesa Tykkylainen was Vice President, Liquid Core Business Line at Nokia Networks (2013-2016). He was also Head of Core Platforms, Nokia Solutions & Networks, 2012-2013; Head of Microwave Transport & Optical Networks Business Lines, Nokia Siemens Networks, 2010-2012; Head of Microwave Transport Business Line, Nokia Siemens Networks, 2008-2010; Head of GSM & WCDMA Product Management, Nokia Siemens Networks, 2007-2008; Vice President GSM & WCDMA Product Management, Nokia Networks, 2006-2007; Vice President, WCDMA Product Management, Nokia Networks, 2004-2005; Vice President & General Manager, Technology Modules, Nokia Networks, 2002-2004; Vice President & General Manager, IP Radio Networks, Nokia Networks, 2000-2001. He holds a BSc in Telecommunications.

Michael Ingelog

Mr. Michael Ingelog has been Vice Chairman of Basware Oyj since March 15, 2018. He has been Independent Director of the Company's Board since February 13, 2015. He has studied Economics and Business Administration at Uppsala University in Sweden. Ingelog has been an entrepreneur and a private investor in to Financial Technology and Venture Capital. He was CEO, Credit Suisse Group in the Nordic region until August 2014. He was Head of Global Markets division in the Nordic region, Deutsche Bank, 2006-2010 and Head of Sales for Holland, Deutsche Bank, 2008-2010. Ingelog is a board member in a number of businesses both in the UK and in the Nordic region.

Niclas Rosenlew

Mr. Niclas Rosenlew has been Chief Financial Officer of Basware Oyj since December 8, 2014. He previously was CFO, Smart Devices Business Unit at Microsoft (2014) and at Nokia (2013). He was also Head of Finance, Smart Devices Products and Portfolio at Nokia (2011-2012), Head of Finance, Strategy & Business Development and Quality for North America & China Business Unit at Nokia (2009-2011), Head of Finance, Strategy & Business Development, CDMA Business Unit at Nokia (2007-2009), Director, Mergers & Acquisitions at Nokia (2003-2007), and Vice President, Nordic Investment Banking at Deutche Bank (2000-2003), Associate, Investment Banking at Enskilda Securities (1997-2000). He holds Master of Science degree in Finance.

Paul Taylor

Mr. Paul Taylor has been appointed Senior Vice President, Global Sales of Basware Oyj, effective as of June 1, 2016. Prior to Basware, he was Senior Vice President EMEA, AspenTech (2008-2016), Vice President & General Manager EMEA, Borland (2006-2008), Senior Vice President Worldwide Sales Ops, Vitria Technology (2002-2006), Senior Vice President & General Manager EMEA, Commerce One (1999-2002) Region Manager, Lotus Development Co. (1994-1999). He has over 25 years of leadership experience in enterprise software sales, with specific domain expertise in telecommunications, e-commerce and process industries. His experience includes cross-functional and international business environments where he has held several executive roles in major, global organizations. He has business studies.

Jane Broberg

Mrs. Jane Broberg has been Senior Vice President, Human Resources at Basware Oyj since June 2, 2015. She previously was Interim Head of Group's Human Resources at the Company from April 16, 2015 until June 2, 2015. Before that, she was Vice President, Global Human Resources at the Company (2013-2015). Previously, she was HR Director Europe - Global Professional Services, Basware, 2010-2013; Senior Program Lead Capability & Resource, BP Plc, 2008-2010; Senior HR Manager - Professional Services, SAP UKI Ltd, 2006-2008; SAP Consulting Practice & HR Manager¸ ICM UK Ltd, 1999-2001; SAP Consulting Partner & Practice Manager, Oil & Gas, MAS/IBM UK Ltd, 1996-1998; SAP Consulting Partner & Senior SAP Sales and Distribution Consultant, MAS/IBM UK Ltd, 1995-1996; PA Consulting & SAP Education Strategy Consultant, MAS/IBM UK Ltd, 1995-1995; SAP R/2 Education Consultant, Mobil Oil Company Ltd (UK), 1992-1995. She has business studies.

Ilari Nurmi

Mr. Ilari Nurmi has been appointed Senior Vice President, Business Development and Alliances at Basware Oyj effective as of June 1, 2018. He has previously been Senior Vice President, Purchase-to-Pay at Basware Oyj since January 1, 2016. He has previously been Senior Vice President, Products and Services at Basware Oyj from 2013. He was Vice President, Product Marketing, Nokia, 2011-2012; Vice President, Nokia Eseries Marketing, Nokia, 2009-2011; Vice President, Nokia Eseries Go To Market, Nokia, 2008-2009; Director, Product Management, Software Platforms, Nokia, 2007 Director, Product Management, S60 Platform, Nokia, 2005-2006; Director, Mobile Applications and Services, Nokia, 2001-2005; Business development manager, Nokia, 2000-2001; Business analyst, Nokia, 1998-2000. He was also Board member, Innofactor Oyj, 2013-2018. He holds a M.Sc. in Engineering.

Mikko Pilkama

Mr. Mikko Pilkama has been appointed Senior Vice President, Products at Basware Oyj, effective as of June 1, 2018. He has previously been Senior Vice President, Network & Financing Services at Basware Oyj since May 1, 2017. He was also Vice President, Banking Services, CGI, 2016-2017; Senior Vice President, Financial Services, Nets, 2012-2015; Executive Vice President, Luottokunta, 2008-2012; Global Head of Nokia Experiences Business Unit, Nokia, 2006-2008; CFO, Imaging Business Unit, Nokia, 2002-2005; Senior Business Controller, Nokia, 1995-2002. He is Board member of Agrifutura Oy and Pilkama Oy. He holds a M.Sc. in International Economics.

Jussi Vasama

Mr. Jussi Vasama has been appointed Senior Vice President, Customer Services at Basware Oyj, effective as of May 2, 2017. He joined the Company in 2007. He was previously Country Manager, Finland & Vice-president, Customer Services, Basware, 2014-2017; Vice-president, Post-Delivery Services, Basware, 2013-2014; Vice-president, Extended Support, Basware, 2012-2013; Director, Extended Professional Services, Basware, 2010-2012; Senior Account Manager, Basware, 2007-2010; Senior Consultant, Vectia Ltd, 2005-2007; Consultant, Vectia Ltd, 2001-2004; Assistant Consultant, Vectia Ltd, 2000-2001. He has a M.Sc. in Technology.

Eric Wilson

Mr. Eric Wilson has been Senior Vice President, North America at Basware Oyj since January 4, 2018. Mr. Wilson joined Basware in 2016. Mr. Wilson holds a BS in Business Administration. He previously was Vice President, Purchase-to-Pay, Basware, 2016-2018; COO, Verian, 2011-2016; Vice President, Client Services, Verian, 2006-2011; Director, Client Operations, InterDyn, 1999-2006; Analyst, Accenture (Andersen Consulting), 1997-1999.

Klaus Andersen

Mr. Klaus Andersen has been appointed Chief Technology Officer of Basware Oyj effective as of September 2018. Andersen joined Basware from Itiviti, where he has been Executive Vice President, Global Engineering since 2015. Prior to Itiviti, Andersen served in various senior management roles in SimCorp, a provider of integrated investment management solutions. Andersen has over 20 years of experience from software R&D, with a focus on SaaS transformations and operational efficiency.

Lars Madsen

Mr. Lars Madsen has been appointed Chief Marketing Officer at Basware Oyj, effective as of February 1, 2016. He holds a M.Sc. in Business & Quality Management. He previously was Marketing Director, Canon UK & Ireland, 2014-2016; Program Director - EMEA Corporate Transformation Program, Canon Europe, 2014-2014; Business Strategy & Development Director EMEA, Canon Europe, 2009-2014; Strategic Planning Manager EMEA, Canon Europe, 2007-2009; Strategic Project Manager, Canon Spain, 2006-2007; Change Manager, Nokia 4PL, Solectron Europe, 2004-2006; Implementation Manager, European Program Office, Canon Europe, 2001-2004.

David Bateman

Mr. David Bateman has been Member of the Board of Directors of Basware Oyj since March 15, 2016. He has also been Senior Advisor, Alternative Finance, Arrowgrass since 2015 and CEO, Founder of Captec Systems ltd since 2013. He previously was COO, Partner, Arrowgrass Capital Partners, 2007-2011; and Equity Finance, Merrill Lynch, 2005-2007. He is Director and Senior Advisor of Arrowgrass entities and Director and Board Member of Captec systems Ltd, as well as Ambassador, Amantani. He has BA and MA in Management Studies from Cambridge University.

Daryl Rolley

Mr. Daryl T. Rolley has been Director of Basware Oyj since March 15, 2018. Mr. Rolley has BS in Chemical Engineering and MBA. He has been Chief Commercial Officer, PRGX Global, Inc., since 201. Previously, he was Executive Vice President and Chief Revenue Officer, Realpage, Inc., 2015-2016; Executive Vice President and General Manager, Ventyx, Inc., 2013-2015; Senior member of management team, Ariba, Inc., 2004-2012.

Asko Schrey

Mr. Asko Schrey has been Director of Basware Oyj since March 15, 2018. Mr. Schrey holds M.Sc. in Industrial Economics and LLM. He has been President and CEO, Accountor Group since 1999. Previously, he was Member of Board and President, Helsinki Stock Exchange, 1998-1999; COO, Helsinki Exchanges, HEX Ltd., 1997-1998 and Member of Board, Realia Plc, 2015-2017.

Tuija Soanjarvi

Ms. Tuija Soanjarvi has served as Independent Member of the Board of Basware Oyj since February 14, 2013. She holds Master of Science degree in Economics. She previously worked at Itella Corporation as Senior Vice President, Chief Financial Officer (2005-2011), at Elisa Corporation as Executive Vice President, Chief Financial Officer (2003-2005), at TietoEnator Oyj as Senior Vice President, Chief Financial Officer (1990-2003), at Tietotehdas Corporation as Finance manager (1987-1990) and as Internal Auditor (1986-1987). She is currently Board member and Chair of audit committee, Edgeware AB, 2018-; Board member, Metsahallitus Metsatalous Oy, 2016-; Board member, Nixu Oyj, 2015-; Chair of board of federation, The Finnish Orienteering Federation, 2017-; Board member and audit committee member, VR-Group Ltd, 2012-; Board member and Chair of audit committee, Metsahallitus, 2011-;and previously she was Board member, Silta Oy, 2012-2018; Board member and Chair of audit committee, Affecto Plc, 2011-2017.