Management Team

Santeri Heinonen

Chief Human Resources Officer
Member of the Management Team since 2023
Born 1974
Finnish citizen
Master of Science (Economics)
Company shareholding: 0 shares

Work experience:

  • Senior Manager, Global Talent Development, Valmet Oyj, 2013-2023
  • Manager, Compensation & Benefits, Metso Shared Services Oy, 2009-2012
  • HR Controller, Metso Paper Oy, 2005-2009
  • Business accounting, Global Service Operations, Metso Paper Oy, 2003-2004
  • Various HR roles, Metso Paper Oy, 2000-2003

Lasse Holopainen

General Counsel and Board Secretary
Member of the Management Team since 2022
Born 1981
Master of Laws
Finnish citizen
Company shareholding: 0 shares, 40 000 2022 A1 options, 40 000 2022 B1 options, 60 000 2022 A3 options and 60 000 2022 B3 options

Work history

  • Senior Licensing Manager, Nokia Technologies 2017-2021
  • Senior Legal Counsel, Nokia Corporation, 2015-2017
  • Director of Operations and Legal, Tuxera Inc, 2013-2015
  • Associate Lawyer, Roschier,Attorneys Ltd, 2009-2013

Teemu Lindberg

Executive Vice President, Production Scaling
Member of the Management Team since 2022
Born 1976
Master of Science (Engineering)
Finnish citizen
Company shareholding: 90 shares, 100 000 2022 A3 options and 100 000 2022 B3 options

Work history

  • Refining Director, UPM Kymmene Plc (Biorefining Business Area) 2016–2022
  • Production and Technology Director, UPM Kymmene Plc (Biofuels Strategic Business Unit) 2013–2016
  • Technology Manager (Biofuels) and Process Manager (Lappeenranta Biorefinery Project) UPM Kymmene Plc 2010–2013.
  • Production Manager, Yara International ASA 2008–2010
  • Production Technology Specialist, Kemira Grow-How Plc 2004–2008
  • Production Manager, Scantarp Oy 2003–2004
  • Process Design Engineer, Neste Engineering Ltd, Fortum Plc 2001–2003

Allan Andersen

Chief Sales Officer
Member of the Management Team since 2022

Born 1973
Danish citizen

Company shareholding: 0 shares and 100 000 2022 A2 options and 100 000 2022 B2 options

Work history

  • Director of Sales, EMEA Distributors & Golf Specialty, 2019–2022
  • Director, Go-to-Market & Commercial Optimization, 2018–2019
  • Chief of Staff, Global Revenue of Under Armour between 2016–2018 
  • Director, International Business Development of Under Armour between 2013–2016
  • Sales Director, Latin America of Adidas Latin America S.A. between 2010–2013
  • Head of Latin Excellence Project of Adidas Latin America S.A. between 2006–2010
  • Senior Key Account Manager of Adidas Latin America S.A. between 2004–2006
  • Product Manager of Adidas Nordic between 2001–2004

Shahriare Mahmood

Chief Sustainability Officer
Member of the Management Team since 2021
Born 1976
Finnish and Bangladeshi citizen
Doctor of Science (Tech)
Company shareholding: 0 shares, 3 000 2018 options, 55 000 2022 A3 options and 55 000 2022 B3 options

Work history

  • R&D and Sustainability Director, Reima, 2016-2020
  • Production Manager, Environmental and REACH Coordinator, MASI Company Oy, 2009-2016
  • Production Manager, MASI Company AS, 2007-2009
  • Production Manager, Sangar Valga Vabrik AS, (Estonia), 2004-2006
  • Factory Manager, Opex Group, Kanchpur, Dhaka (Bangladesh), 2003-2004
  • Project Manager, Unique Group, Gazipur, Dhaka (Bangladesh), 2002–2003
  • Sales Engineer, Greenmac International Pte Ltd, Dhaka (Bangladesh), 2001-2002
  • Production Engineer, Imperial Group, Hariharpara, Fatullah, Narayanganj (Bangladesh), 1999-2001

Juha Salmela

Chief Technology Officer, Co-founder
Member of the Management Team since 2014
Member of the Board of Directors since 2014
Born 1973
Finnish citizen
Master of Science degree
Not independent of the company, independent of major shareholders
Company shareholding: 1 960 322 shares and 8 000 2020 B options

Work history

  • Researcher, Team Manager, and Principal Investigator at VTT Technical Research Centre of Finland Ltd between 1997 and 2014
  • Expat at the University of British Columbia in Canada between 2004 and 2005

Petri Poranen

Chief Operating Officer since 2021
Member of the Management Team since 2018
Served as the Company’s Chief Financial Officer between 2018 and 2021
Born 1973
Finnish citizen
Studied Accounting
Company shareholding: 0 shares and 14 132 options (of which 5 000 are 2020 B options and 9 132 are 2018 options)

Work history

  • Site Director Panel Factory at Porkka Finland Oy between 2012 and 2015
  • Division Business Controller at Porkka Finland Oy between 2009 and 2015 and between 2002 and 2007
  • Consultant at PMPConsulting Oy between 2015 and 2018
  • Division Business Controller at Huurre Group Oy between 2008 and 2010
  • Group Business Controller at Huurre Group Oy between 2006 and 2008

Positions of trust

  • Chair of the Board of Directors of PMPConsulting Oy since 2015
  • Member of the Board of Directors of Colia Norge AS since 2015
  • Member of the Board of Directors of Suomen Kotikylmiö Oy between 2015 and 2018
  • Member of the Board of Directors of Colia Scandinavia AB between 2015 and 2019

Ben Selby

Interim CEO, Chief Financial Officer
Member of the Management Team since 2021
Born 1983
British and Finnish citizen
Master of Arts degree
Company shareholding: 0 shares and 10 950 options (of which 5 950 are 2020 A options and 5 000 2020 B options)

Work history

  • Vice President of Investor Relations and Treasury at Basware between 2017 and 2021
  • Head of Investor Relations at Basware between 2016 and 2017
  • Director at Bank of America Merrill Lynch during 2015
  • Vice President at Bank of America Merrill Lynch between 2012 and 2015
  • Associate at Bank of America Merrill Lynch between 2008 and 2012
  • Analyst at Bank of America Merrill Lynch between 2005 and 2008