text:
Cargotec's governance and management are based on the Finnish Limited Liability Companies Act and Securities Markets Act, the rules and guidelines of Nasdaq Helsinki Ltd, as well as the company's Articles of Association and Code of Conduct. Cargotec complies with the Finnish Corporate Governance Code of 2015, available on the Securities Market Association's website at www.cgfinland.fi.
Cargotec's Shareholders' meeting is convened by the Board of Directors and held in the company's domicile, Helsinki, Finland.
The Annual General meeting (AGM) is held annually within three months of the closing of the financial period, on a day designated by the Board. An extraordinary Shareholders' meeting in respect of specific matters shall be held when considered necessary by the Board, or when requested in writing by a company auditor or by shareholders representing at least 10 percent of all the issued shares of the company.
The issues decided on by the AGM include the adoption of the financial statements, distribution of profit, granting of release from liability to the members of the Board of Directors and to the CEO, the election of and remuneration payable to the members of the Board and auditor. The Shareholders' meeting also has the right to amend the Articles of Association, and make decisions and authorise the Board of Directors to make decisions on the acquisition of treasury shares, on share issues and on option programmes.
Notice of the Shareholders' meeting is published as a stock exchange release and on Cargotec's website. This notice includes the agenda for the meeting, proposals made by the Board and the Board Committees to the meeting and instructions regarding registration and attendance. The names of candidates for the Board of Directors are published in connection with the notice of the Shareholders' meeting, if the candidates have given their consent to their election and the proposal has been made by the Board Nomination and Compensation Committee, or if the proposal is supported by shareholders representing at least ten percent of the total voting rights of the company. The names of any candidates appointed after the notice has been issued will be published separately if the aforementioned conditions are met. Furthermore, the Board Audit and Risk Management Committee's proposal for the auditor will be published in a similar manner.
It is the company's aim that all members of the Board and the CEO be present at the Shareholders' meeting, and that a candidate standing for the Board for the first time attend the Shareholders' meeting deciding on the election, unless he or she has a substantive reason to be absent.
Shareholders' meeting
Shareholders have the right to attend the Shareholders' meeting if they have been entered into the register of shareholders at least eight working days before the meeting and if they have declared to the company their intention to attend in the manner specified in the notice of the Shareholders' meeting. Holders of nominee-registered shares can also attend the Shareholders' meeting by registering themselves in the register of shareholders on a temporary basis. A shareholder can attend the Shareholders' meeting either in person, or via a representative authorised by the shareholder.
Shareholders have the right to raise issues under the purview of the Shareholders' meeting for consideration by the Meeting, if they so request in a written notification to the Board in good time for the matter to be included in the notice of the Shareholders' meeting. The date, by which Cargotec's Board of Directors must be notified of matters to be considered at the Shareholders' meeting, is published annually on the company website. With regard to the AGM 2020, to be held on 17 March 2020, the deadline was 8 January 2020.
In the Shareholders' meeting, all shareholders have the right to raise questions and propose resolutions regarding issues on the agenda.
Cargotec has two share classes, each with different voting rights. In the Shareholders' meeting, each class A share carries one vote, as does each set of ten class B shares, with the provision that each shareholder is entitled to at least one vote.
Shareholders registered in Cargotec's shareholder register on the record date of the dividend payment are entitled to dividend. In dividend distribution, class B shares earn a higher dividend than class A shares. The difference between dividends paid on the two classes of shares is a minimum of one (1) cent and a maximum of two and a half (2.5) cents.
Cargotec's Board of Directors includes a minimum of six and a maximum of twelve members. Board members are elected by the AGM for a term of office that expires at the end of the first AGM following their election. The Board elects the Chairman and Vice Chairman from among its members. The majority of Board members shall be independent of the company and significant shareholders.
The Board's composition shall support the overall goal of implementing Cargotec´s strategy. According to the Board's diversity principles, board diversity is not a static concept but evolves over time and reflects the operations strategy and the future needs of the company. The diversity factors include work experience in our strategic business areas and of the cultures in which we operate, as well as educational background, age and gender. Both genders shall be represented in Cargotec's board. The company's goal is to have a more balanced representation of genders on the Board. There shall be both genders in the Board, the target being at least two directors representing each gender. The Nomination and Compensation committee shall pay attention to the diversity criteria, when identifying and proposing new candidates to the Board, as well as when proposing re-election of current members.
The Annual General Meeting held on 19 March 2019 appointed Ilkka Herlin, Tapio Hakakari, Jorma Eloranta, Peter Immonen, Teresa Kemppi-Vasama, Johanna Lamminen, Kaisa Olkkonen, Teuvo Salminen and Heikki Soljama as Board members.
The Board confirms Cargotec's strategy and will monitor its implementation. As stipulated in the Finnish Limited Liability Companies Act and the Articles of Association, the Board is responsible for the management and proper organisation of the company's operations as well as representing the company. The Board has compiled a written charter for its work that defines its main duties and operating principles. The Board's responsibilities include approving the company's annual, half-year and interim financial statements and ensuring that the supervision of accounting and the control of the company's financial matters is properly organised. The Board decides on significant loans, acquisitions and investments and approves the annual and long-term business plans and budgets as well as risk management principles. Violations against Cargotec's Code of Conduct are reported to the Board annually. The Board approves the long- and short-term incentive programmes and their outcome. The Board appoints Cargotec's CEO and determines the related terms of employment. As defined in the Board annual plan, the Board has theme meetings in which issues associated with one business area at a time or other current theme are discussed.
The Board reviews its own performance and procedures once a year through internal self-assessment. Moreover, the Board conducts an annual assessment of the independence of its members. According to the assessment conducted in March 2019, the members of the Board are independent of the company and, with the exception of Ilkka Herlin and Peter Immonen, also independent of significant shareholders in the company.
The Board has set up two committees to improve the efficiency of board work: the Audit and Risk Management Committee and the Nomination and Compensation Committee. The Board nominates the members and Chairman of the Committees from among its members and confirms the Committees' charters. The Committees have no autonomous decision-making power, but prepare issues which will be resolved by the Board.
The Audit and Risk Management Committee's duty is to supervise the financial reporting executed by the management, and to monitor the financial statement and interim reporting process. In accordance with its charter, the committee supervises the adequacy and appropriateness of the company's internal control, internal audit and risk management, the development of operative and strategic risks and risk management, and handles Corporate Audit plans and reports. Furthermore, the committee prepares a proposal to the Annual General Meeting regarding the election and fees of the external auditor, defines and monitors the nonaudit services performed by the auditing firm to ensure the auditor's independence, and supervises the statutory audit of financial statements and consolidated financial statements. Violations against Cargotec's Code of Conduct are reported to the committee quarterly. The committee also reviews the Corporate governance statement.
The committee consists of a minimum of three Board members. In addition, the CEO, CFO and director of Audit & Assurance as well as representatives of the auditing firm attend the meetings. The directors of Group Control, Treasury, Taxes, Legal, Risk Management and Ethics & Compliance report to the committee on a regular basis. If the matters to be dealt with so require, the committee convenes without the presence of the company's management. The committee conducts annual internal self assessments to review its own performance.
In its organising meeting on 19 March 2019 the Board elected Teuvo Salminen as chairman of the committee, while Ilkka Herlin and Kaisa Olkkonen were elected as members of the committee. Committee members are independent of the company and, with the exception of Ilkka Herlin, independent of major shareholders.
The Nomination and Compensation Committee prepares a proposal to Cargotec's Annual General Meeting concerning the composition and remuneration of the Board of Directors. The committee shall see to having representatives of both genders included as candidates in the search and evaluation process of Board members to achieve the gender proportion target set for Cargotec's Board. The committee prepares a proposal to the Board regarding the appointment of the CEO and the terms of employment, and prepares the nomination and remuneration issues of other top management members as needed before Board approval. The committee handles and prepares Cargotec's pay strategy and the long- and short-term incentive programmes and follows their outcome and functionality.
The Nomination and Compensation Committee consists of a minimum of three Board members. The Committee convenes as needed but at least three times a year. The CEO attends the committee meetings, except when he is the subject of discussion.
In its organising meeting on 19 March 2019, the Board elected Ilkka Herlin as chairman of the Nomination and Compensation Committee, while Jorma Eloranta, Tapio Hakakari and Peter Immonen were elected as members of the Committee. Committee members are independent of the company.
born 1959, Finnish,
D.Ph. D.Sc. (Tech) h.c.,
D.Sc. (Agr & For) h.c.
Ownership of shares 31 Dec 2019*:
2,940,067 A shares
6,209,207 B shares
*direct ownership and the ownership of controlled corportions
Member and Chairman of the Board 2005–
Chairman of Nomination and Compensation Committee
Member of Audit and Risk Management Committee
Independent of the company.
Significant shareholder (Wipunen varainhallinta oy)
Not independent of significant shareholders (Member of the Board of Mariatorp Oy).
Chairman of the Board, Wipunen varainhallinta oy 2005–
Managing Director, Security Trading Oy 1987–2000
Member of the Board, KONE Corporation 1990–2000
Chairman of the Board
University of Tampere 2018–
Finnish-Chinese Trade Association 2009–2017
Member of the Board
Foundation for a Living Baltic Sea; also co-founder, Chairman 2008–2017, member 2017
WIP Asset Management Ltd 2005–, Chairman 2000–2005
Mariatorp Oy 2015–
Finnish Foundation for Share Promotion 2005–2011
John Nurminen Foundation 2005–2008
Chairman of the Advisory Board, Aleksanteri Institute 2017, Vice Chairman 2011–2017
born 1953, Finnish, LL.M.
Ownership of shares 31 Dec 2019:
160,245 B shares
Member of the Board 2005– and Vice Chairman 2009–
Member of Nomination and Compensation Committee.
Independent of the company and significant shareholders
Interim President and CEO, Cargotec Corporation 10/2012–2/2013
Director, Secretary to the Board, KONE Corporation 1998–2006
Director Administration, KCI Konecranes Plc 1994–1998
Employed by KONE Corporation 1983–1994
Chairman of the Board:
Svenska Handelsbanken AB (publ), Branch Operation in Finland 2019–, member 2016–
Consti Yhtiöt Oy 2015–
Enfo Oyj 2007–2017
Opteam Yhtiot Oy 2013–2017, member 2011–2017
Esperi Care Oy 2006–2010
Member of the Board:
Hollming Oy 2008–2015
Etteplan Oyj 2004–2014
Martela Oyj 2003–2013
Havator Holding Oy 2007–2010
born 1954, Finnish, M.Sc. (Econ.), Authorised Public Accountant examination 1983
Ownership of shares 31 Dec 2019:
9 767 B shares
Member of the Board 2010–
Chairman of Audit and Risk Management Committee
Independent of the company and significant shareholders
Advisor, CapMan Plc 2010–2011
Employed by Pöyry Plc 1985–2009:
Group Executive Vice President, Deputy to the President and CEO 1999–2009
Head of Infrastructure & Environment Business Group 1998–2000
Head of Construction Business Group 1997–1998
Chief Financial Officer 1988–1999
Manager of Finance and Accounting 1985–1988
Chairman of the Board:
Glaston Corporation 2018–, Vice Chairman 2014–2018, member 2010–
Havator Oy 2010–
T2H Oy hall pj 2018–
Vice Chairman of the Board:
Pöyry Plc 2016–, member 2015–
CapMan Plc 2005–2013, member 2001–2005
Member of the Board:
Evli Bank Plc 2010–
3Step It Group Oy 2016–
Holiday Club Resorts Oy 2015–, chairman 2008–2015
Tieto Corporation 2010–2016
YIT Corporation 2001–2009 and 2014–2016
b. 1951, Finnish,
M.Sc. (Tech), D.Sc. (Tech.) h.c.
Ownership of shares 31 Dec 2019:
9,526 B shares
Member of the Board of Directors 2013–
Member of the Nomination and Compensation Committee
Independent of the company and largest shareholders
President and CEO, Metso Corporation 2004–2011
President and CEO, Kvaerner Masa-Yards Inc. 2001–2003
President and CEO, Patria Industries Group 1997–2000
Deputy Chief Executive, Finvest Group and Jaakko Pöyry Group 1996
President, Finvest Ltd 1985–1995
Chairman of the Board:
Stora Enso Oyj 2017–, Vice Chairman 2016–2017
Neste Corporation 2012–2018, Vice Chairman 2011
Uponor Corporation 2014–2018, Vice Chairman 2012–2014, member 2005–2018
Suominen Corporation 2011–2017
Vice Chairman of the Board:
The Finnish Fair Foundation 2013–, member 2012–
born 1959, Finnish, M.Sc. (Econ.)
Ownership of shares 31 Dec 2019*:
54,652 B shares
*direct ownership and the ownership of controlled corportions
Member of the Board 2005–
Member of Nomination and Compensation Committee
Independent of the company
Dependent of significant shareholders (Member of the Board of Wipunen varainhallinta oy and Mariatorp Oy).
Chairman of the Board 1995–2001 and 2005–,
managing director 2002–2005, WIP Asset Management Oy
Deputy Chairman of the Board:
Foundation for a Living Baltic Sea 2008–2016
Member of the Board:
Alma Media Corporation 2018–
Mariatorp Oy 2015–
Wipunen varainhallinta oy 2005–
Dasos Capital Oy 2010–
Finsilva Oyj 2015–
Finnish Shareholders Association 1988–2013
Born 1970, M.Pol.Sc. (social psychology), MBA
Ownership of shares 31 Dec 2019:
935 B shares
Member of the Board 2017–
Independent of the company and largest shareholders
Executive Chairman of the Board, Kemppi Oy 2014–
CEO, Kemppi Oy 2017
Manager, BD & MI, Kemppi Oy 2009–2014
CEO, Chairman of the Board, Auro Invest Oy 2007–
Various positions at Finnish Red Cross 1997–2009
Consultant, Accenture 1996–1997
Chairman of the Board:
Kemppi-Yhtiöt Oy 2012–
Member of the Board:
Kemppi Group Oy 2012–
Kempower Oy 2018–
LUT University, Vice Chairman of Board 2018–
Chairman of the Executive Committee, Association for Finnish Work 2015–
Born 1966, D. Sc. (Tech.), MBA
Ownership of shares 31 Dec 2019:
935 B shares
Member of the Board 2017–
Independent of the company and largest shareholders
CEO, Gasum Ltd 2014–
Executive Vice President and deputy to CEO, Gasum Ltd 2013–2014
CEO, Danske Bank Finland 2012–2013
CFO, Danske Bank Finland 2011–2012
CFO, deputy to CEO, Evli Bank Plc, Finland 2005–2011
CFO, SSH Communication Security Corporation, Finland 1999–2005
Director, Finnetcom Oy, Finland 1996–1999
Chairman of the Board:
Gasum AS 2014–
Member of the Board:
Sampo Plc 2019–
Finnish Foundation for Technology Promotion 2014–
Evli Bank Plc 2015–2019
Tieto Plc 2016–2019
born 1964, LL.M
Ownership of shares 31 Dec 2019:
1,225 B shares
Member of the Board 2016–
Member of the Audit and Risk Management Committee 2016–
Independent of the company and largest shareholders
CEO, SSH Communications Security Oyj 2017–
Employed by Nokia Corporation:
Vice President, Government Relations 2012–2016
Vice President, EU Representative Office, Corporate Relations and Responsibility 2010-2012
Vice President, Legal and IP, Services 2008–2010
Vice President, Legal, Multimedia 2004–2007
Various leadership positions at Nokia Mobile Phones 1999–2004
Chairman of the Board:
SSH Communications Security Oyj 2016
Member of the Board:
Enfo Oyj 2016–
John Nurminen Foundation 2017–
Finland-China Trade Association, Finland 2012–2016
Finnish Centre for New Enterprises, Finland 2012–2016
Digital Europe (the European ICT sector trade association) 2012–2016
Morelex Oy 2014–
3D Bear Oy 2016–
Board member, Finnish Information Security Cluster ry 2017–
Chair, Business Europe Internal Market Committee 2015–2016
Vice Chair, Digital Economy Commission of the International Chamber of Commerce (ICC)2012–2016
born 1954, M.Sc. (Power electronics)
Ownership of shares 31 Dec 2019:
1,225 B shares
Member of the Board 2016–
Independent of the company and largest shareholders
Employed by ABB Group 1980–2015:
Group Senior Vice President, ABB Ltd. Switzerland 2010–2015
Group Senior Vice President, ABB China Ltd. 2006–2010
Group Senior Vice President, ABB Oy, Finland 2003–2005
COE Manager, Cruise and Ferry, ABB Oy, Finland, 1995–2003
Member of the Board:
Koja Yhtiöt Oy 2016–
Koja Oy 2016–
Aker Arctic Technology Oy 2018–
The Board appoints Cargotec's CEO and determines the related terms of employment. The CEO is responsible for ensuring that the targets, plans, guidelines and goals set by the Board are carried out within Cargotec. According to the Finnish Limited Liability Companies Act, the CEO ensures that the accounting practices of the company comply with the law and that financial matters are handled in a reliable manner. The employment terms of the CEO are defined in a written employment contract.
Cargotec's CEO is Mika Vehviläinen, (b. 1961), M.Sc., Master of Science (Economics).
Supporting the CEO in his duties, the Leadership Team (the Executive Board until 25 April 2019) is responsible for business development and the Company's operational activities in accordance with targets set by the Board of Directors and the CEO. The Leadership Team also defines operative principles and procedures in accordance with guidelines set by the Board. The Leadership Team convenes regularly and concentrates on the strategic issues of the group and the business areas. On the agenda there are regular reports and questions concerning the development of the financials, governance, human resources, corporate responsibility and development projects. The CEO acts as Chairman of the Leadership Team.
The members of the Leadership Team are
Mika Vehviläinen, CEO
Mikko Puolakka, Executive Vice President, CFO
Stefan Lampa, President, Kalmar Mobile Solutions
Antti Kaunonen, President, Kalmar Automation Solutions
Scott Phillips, President, Hiab
Michel van Roozendaal, President, MacGregor
Outi Aaltonen, Senior Vice President, General Counsel (Secretary of the Leadership Team)
Carina Geber-Teir, Senior Vice President, Communications
Mikael Laine, Senior Vice President, Strategy
Soili Mäkinen, CIO
Mikko Pelkonen, Senior Vice President, Human Resources
On 25 April 2019, Cargotec simplified its leadership structure and combined its former Executive Board and Extended Executive Board to form a new Cargotec Leadership Team.
b. 1961, Finnish, M. Sc. (Econ.)
Ownership of shares 31 Dec 2019:
111,694 B shares
Employed by Cargotec 2013–
Chairman of the Leadership Team 2019–
Chairman of the Executive Board 2013–2019
Prior work experience:
President and CEO, Finnair Plc 2010–2013
COO, Nokia Siemens Networks 2007–2009
Employed by Nokia, holding different positions 1991–2007
Key positions of trust:
Member of the Board:
Danfoss A/S 2018–
Vice Chairman of the Board:
Elisa Corporation 2014–2018, member 2012–2018
Vacon Plc 2010–2014, member 2009
Executive Vice President, CFO
b. 1969, Finnish, M.Sc. (Econ)
Ownership of shares 31 Dec 2019:
19,363 B shares
Employed by Cargotec 2016–
Member of the Leadership Team 2019–
Member of the Executive Board 2016–2019
Prior work experience:
CFO, Outotec Oyj 2010–2016
CFO, Elcoteq SE 2007–2010
Director Finance Europe, Elcoteq SE 2004–2007
Manager Finance, Elcoteq AG 2001–2003
Operations Controller, Huhtamaki Oyj 1999–2001
Manager Finance, Leaf Poland Sp. Z.o.o. 1997–1999
Various treasury positions in Huhtamaki in Switzerland and Finland 1995–1997
Key positions of trust:
Member of the Board of Directors, Okmetic Oyj 2012–2016
President, Kalmar Mobile Solutions
b. 1964, Swedish, EMBA
Ownership of shares 31 Dec 2019:
12,385 B shares
Employed by Cargotec 2019–
Member of the Leadership Team 2019–
Member of the Executive Board 2019–
Prior work experience:
CEO, KUKA Robotics (Germany) 2015–2019
Employed by ABB 1992–2015:
Global Head, Robots & Applications 2011–2015
Several leadership positions in Robotics and R&D in Spain, Mexico, USA and Sweden
President, Kalmar Automation Solutions
b. 1959, Finnish, Doctor of Technology (Dr.Tech)
Ownership of shares 31 Dec 2019:
11,099 B shares
Employed by Cargotec 2015–
Member of the Leadership Team 2019–
Member of the Executive Board 2016–2019
Prior work experience:
Voith, Germany 2007–2015
Metso (Neles, Valmet and Kajaani), Finland and China 1986–2007
Tampere University of Technology, Finland, Professor 1998–2007 (part time)
Tampere University of Technology, Finland 1983–86
Key positions of trust:
Member of the Board
Glaston Corporation 2018–
Jiangsu Rainbow Heavy Industries Co., Ltd. 2017–
Foundation of the Tampere University of Technology 2014–2018
Special honors
Honorary doctorate from Petrozavodsk State University, Russia on 14 September, 2005
President, Hiab
b. 1966, US Citizen, MBA, B.Sc (Ind.Tech.)
Ownership of shares 31 Dec 2019:
12,385 B shares
Employed by Cargotec 2018–
Member of the Leadership Team 2019–
Member of the Executive Board 2018–2019
Prior work experience:
Vice President and CEO Mining, General Electric 2016–2018
President Global Equipment, Sandvik Mining 2013–2016
President Loading & Hauling, Sandvik Mining 2012–2013
Executive Director of the Board of Directors, Freeman Financial Corporation Ltd. 2008–2012
Chairman of the Board, Signal Capital Group Ltd. 2007–2009
Managing Director and further positions, Caterpillar Inc. 1991–2006
President, MacGregor
b. 1963, Dutch citizen, M. Sc. (Aerospace Eng.), MBA
Ownership of shares 31 Dec 2019:
20,321 B shares
Employed by Cargotec 2015–
Member of the Leadership Team 2019–
Member of the Executive Board 2015–2019
Prior work experience:
Vice President and General Manager, Ingersoll Rand, Thermo King Division, Global Marine, Rail and Bus Businesses (Belgium) 2013 – 2015
Vice President, Ingersoll Rand, Services, Contracting and Aftermarket, EMEIA (Belgium) 2010 – 2012
Managing Director, United Technologies Fire & Security (Netherlands) 2007 – 2009
President, Europe, Danaher Motion (Germany) 2004 – 2006
Vice President, North Europe Region, Johnson Controls (Belgium) 2000 – 2004
Several positions in Honeywell 1991 – 2000
Senior Vice President, General Counsel
b. 1965, Finnish, LL.M
Ownership of shares 31 Dec 2019:
5,920 B shares
Employed by Cargotec 2005–
Member of the Leadership Team 2019–
Member of the Extended Executive Board 2013–2019
Prior work experience:
SVP, General Counsel, Cargotec 2005–
VP, Senior Legal Counsel, KONE Oyj 2003-2004
Legal Counsel, Partek Oyj Abp 1989-2002
Senior Vice President, Communications
b. 1972, Finnish, M. Sc. (Pol)
Ownership of shares 31 Dec 2019:
875 B shares
Employed by Cargotec 2018–
Member of the Leadership Team 2019–
Member of the Extended Executive Board 2018–2019
Prior work experience:
Chief Communications Officer, Member of the Executive Board, OP Financial Group 2009–2018
Chief Communications Officer, Mutual pension insurance company Varma 2002–2009
Communications Manager, Press Officer, Mutual pension insurance company Varma-Sampo 2001–2002
Press Officer, Ministry of Social Affairs and Health, Finland 1999–2001
Head of International Relations, University of Vaasa 1999
Senior Vice President, Strategy
b. 1964, Finnish, M.Sc. (Econ.)
Ownership of shares 31 Dec 2019:
13,837 B shares
Employed by Cargotec 2014–
Member of the Leadership Team 2019–
Member of the Executive Board 2014–2019
Prior work experience:
President & CEO, Moventas Group 2012–2013
SVP, Business Development and Corporate Functions, Moventas Group 2008–2012
CEO, YAP Solutions Oy 2005–2008
CFO, Senior Vice President, deputy CEO, TeliaSonera Corporation /TeliaSonera Finland 2003–2005
Employed by Sonera Oyj holding different positions 1996–2002
CFO, Oy Mikrolog Ltd 1995–1996
Key positions of trust:
Member of the Board, Aspo Plc 2016–
CIO, Senior Vice President, Digitalisation
b. 1960, M.Sc. (Econ.)
Ownership of shares 31 Dec 2019:
11,078 B shares
Employed by Cargotec 2006–
Member of the Leadership Team 2019–
Member of the Executive Board 2018–2019
Prior work experience:
CIO, Cargotec, 2006–
CIO, MacGregor, 1993–2006
Senior Vice President, Human Resources
b. 1970, Finnish, B.A.
Ownership of shares 31 Dec 2019:
36,899 B shares
Employed by Cargotec 2013–
Member of the Leadership Team 2019–
Member of the Executive Board 2013–2019
Prior work experience:
Vice President of Human Resources, Nokia Siemens Networks, Mobile Broadband 2012–2013, Network Systems 2009–2012, Greater China 2006–2009
Head of Human Resources, Nokia Networks, North America 2004–2006
Employed by Nokia, holding different HR positions 1997–2004
The Annual General Meeting (AGM) decides on the remuneration of members of the Board of Directors, on the basis of a proposal made by the Board's Nomination and Compensation Committee (NCC). In determining such remuneration, the committee takes account of the Board members' responsibilities and obligations towards the company. Furthermore, the committee compares the Board's remuneration packages to those paid by other companies of the same size operating in a comparable business environment.
Cargotec's compensation and benefits policy is applied in determining the total remuneration of the CEO and Executive Board. The policy is approved by the Board of Directors. Based on a proposal by the NCC, the Board decides on the annual base salary, short-term incentive programmes and benefits of the CEO and the Executive Board. In addition, the Board of Directors decides on long-term incentive programmes and on the target group and allocation of such programmes based on a proposal by the NCC.
Based on the decision of the AGM of 19 March 2019, the Board's annual remunerations are as follows:
• Chairman: EUR 85,000
• Vice Chairman: EUR 60,000
• Chairman of the Audit and Risk Management Committee: EUR 60,000
• Other Board members: EUR 45,000
In addition, a fee of EUR 1,000 is paid for attendance of meetings of the Board and its committees.
The Board members receive from the company only remuneration related to their Board and Committee memberships and Board work. Board members are not included in Cargotec's short-term or long-term incentive programmes. Of the total annual remuneration, 30 percent is paid in Cargotec's class B shares and the rest in cash. The shares are purchased at market price on a yearly basis. Board members must keep the shares they have obtained as annual remuneration under their ownership for at least two years from the day they obtained them.
The total remuneration structure of the CEO and Executive Board comprises a fixed base salary including fringe benefits and incentive plans, for which both short- and long-term targets have been defined. The variable salary component consists of a share-based incentive programme linked to the company's long-term targets, as well as short-term incentive programme. Relevant market practices are closely followed when defining the remuneration elements.
Cargotec Executive Board remuneration consists of the following elements:
|Remuneration element
|Base salary
|Fixed salary including taxable fringe benefits
|Short-term Incentives (STI)
|2017 annual bonus programme performance targets:
|Long-term Incentives (LTI)
| 2017 share-based incentive programme: Performance period 2017–2018 + ownership and value creation period 2019; in total 3-year long-term incentive programme.Performance period includes two measuring periods, both lasting for one calendar year. Performance targets for measuring period 2017:
After the end of the performance period, the Board of Directors will confirm the cumulative amount of rewards earned from the measuring periods 2017 and 2018, and potential rewards from the performance period 2017–2018 will be paid partly in Cargotec's class B shares and partly in cash in 2019 (the cash portion of the reward will cover the tax and tax-like payments arising from the reward). The shares paid as reward may not be transferred during an approximate one-year ownership and value creation period established for the shares.
Target (maximum) number of net shares allocated for the performance period 2017–2018:
period 2017–2018:
Share ownership recommendation for the Executive Board members: One-year gross base salary, the recommendation is to be fulfilled through refraining from transferring shares received under the Cargotec share-based incentive programmes.
Claw-back provision: Board of Directors may decide to cut or cancel rewards and recover already delivered rewards from the participant in case of misconduct.
In addition to the 2017 share-based incentive programme, there are two earlier established long-term incentive programmes:
|Restricted shares
|As a part of total remuneration, additional restricted shares can be granted to selected Executive Board members. Gross reward, before deduction for the applicable taxes and employment related expenses, is in range of 20–100% of the annual base salary. Threshold level for financial performance is set by the Board. One-year earning period is followed by one-year restriction period.
|The CEO is entitled to a supplemental pension benefit. According to the pension agreement, the CEO is entitled to retire between the age of 60–65. A EUR 500,000 contribution has been paid in 2017 to insurance company administering the pension benefit. Any additional contributions to the CEO's supplemental pension benefit are approved by the Board of Directors (pension contributions are subject to performance criteria set by the Board of the Directors). Other Finnish members of the Executive Board are entitled to a statutory pension. Their retirement age is determined in accordance with the statutory pension scheme in Finland. Hiab and MacGregor Business Area Presidents have supplemental defined contribution pension plans, following the local market practice.
|Severance pay
|The members of the Executive Board have a period of notice of 6 months and are entitled to compensation, for termination of employment, corresponding to 6 to 12 months' salary.
Board fees:
Remuneration statement 2018
Information on Board members:
CVs of the Board members
Insider register
Cargotec applies the insider guidelines of Nasdaq Helsinki Ltd, in addition to which Cargotec's Board has approved internal insider regulations that are based on the stock exchange guidelines.
Cargotec maintains a list of its Managers and their closely associated persons. Cargotec's Managers include the members of the Board of Directors, the CEO and other members of Cargotec Leadership Team. The Managers and their closely associated persons are obliged to notify Cargotec and the Finnish Financial Supervisory Authority of every transaction conducted on their own account relating to Cargotec's financial instruments. Cargotec will publish each notification in the form of a stock exchange release.
Project-specific insiders
Persons who, on the basis of an employment or other contract, work for the company and obtain insider information associated with a specific project, are entered in the company's project-specific insider register, which is established when necessary.
Trading rules
Trading in Cargotec financial instruments is prohibited on the person's own account or for the account of a third party
(i) if a person possesses inside information,
(ii) regarding Managers, during a period of 30 days prior to the publication of Cargotec's annual or interim reports (closed window),
(iii) regarding persons having access to full Cargotec financials, especially persons engaged with preparing Cargotec's annual or interim reports, during a period of 30 days prior to the publication of such report, (extended closed window) or
(iv) regarding project-specific insiders, for the duration of the project until the project is published or otherwise terminated.
Insider management
The General Counsel of Cargotec is responsible for the overall insider management in Cargotec, including necessary training. Corporate Legal is responsible for maintaining the list of Managers and the project-specific insider lists and informing the insiders on their insider status and of closed windows. Corporate Communications is responsible for disclosing the transactions of the Managers and their closely associated persons.
The objective of Cargotec's internal control is to ensure that its operations are efficient and profitable, that risk management is adequate and appropriate, and that financial and other information produced is reliable. Cargotec's internal control is based on the company's Code of Conduct and internal controls. With respect to the financial reporting process, these are supported by Cargotec's policies and guidelines, as well as its internal financial reporting process and communication. Cargotec's internal control policy, which is approved by the Board of Directors, specifies the applicable control principles, procedures and responsibilities. The company SpeakUp Line gives an opportunity to confidentially and anonymously raise concerns of possible misconduct or other matters that may not be in line with company values and policies.
Similarly to other Cargotec operations, responsibility for internal control is divided into three tiers. The line management is principally responsible for internal control. This is backed by corporate support functions, which define instructions applicable across the company and supervise risk management. Internal and external audits form the third tier, their task being to ensure that the first two tiers function effectively.
Cargotec's Corporate Audit is an assurance and consulting function that operates separately from the operative organisation and reports to the Board Audit and Risk Management Committee and, administratively, to the CEO. Corporate Audit takes account of the major risks identified in the company's risk map when developing the audit plan and monitors the mitigation of selected risks. The audits of the operations of subsidiaries and business units assess the effectiveness of internal control and risk management, as well as compliance with operating principles and guidelines. Furthermore, Corporate Audit audits and assesses financial reporting processes and compliance with the related control measures in Cargotec units. It regularly reports on its findings and audit activities to the company management and the Board Audit and Risk Management Committee.
At Cargotec, risk management forms part of the internal control operations. Approved by the Board of Directors and based on Cargotec's values, the risk management policy specifies the objectives and principles of the risk management as well as the responsibilities involved. A core principle is continuous, systematic and preventive action taken to identify risks, define the company's risk appetite, assess and handle risks and, if they materialise, deal with them effectively. The CEO and the Executive Board are responsible for the methods, implementation and supervision of risk management, and report on these to the Board of Directors. Cargotec's risk management is spread across units and corporate support functions that assign responsibility for risk management and that are in charge of identifying, managing and reporting risks. Financial risks are managed centrally by the Corporate Treasury, and reported on for corporate management and the Board of Directors on a regular basis.
Cargotec's risk management aims at anticipating risks involved in operations and managing them in the appropriate manner. The purpose of this is to support the values, strategy and goals, and the continuity of operations.
Cargotec's global operations require comprehensive risk management. Cargotec defines a risk as any internal or external threat or uncertainty which may prevent or jeopardise operations and the achievement of company objectives.
At Cargotec, risk management is part of internal control operations. The key principle is continuous, systematic and preventive action taken to identify risks, define the company's risk appetite, assess and manage risks and, should they materialise, deal with them effectively.
The objectives and principles of risk management are defined in the Cargotec risk management policy approved by the Board of Directors. Cargotec's risk management is spread across units and corporate support functions that assign responsibility for risk management and which are in charge of identifying, managing and reporting risks.
The Board of Directors is responsible for ensuring sufficient risk management and control. The Board is also responsible for defining Cargotec's risk appetite, that is, the level of risk accepted, on an overall basis. The Board shall receive relevant and timely reporting on risks and risk management as defined in the risk management policy, and it can mandate the Audit and Risk Management Committee of the Board to assist in the practical oversight role.
The President and CEO and the Executive Board are responsible for the methods, implementation and supervision of risk management, and report on these to the Board of Directors.
As far as it is possible and practical, risk management is conducted within business units and support functions as part of day-to-day processes. Identification, assessment, treatment planning and reporting are part of Cargotec's planning and decision-making processes. Follow-up of risks and risk management actions forms part of the management and follow-up of the company's operations as a whole. Each Cargotec employee is responsible for identifying, assessing and managing risks in his or her area of responsibility, and for reporting any significant risks to the relevant managers.
The role of the corporate risk management function is to develop and coordinate the overall risk management framework and process. This function supports the businesses in implementing risk management and performs certain specified tasks, such as the coordination of global insurance programmes.
Creating optimum shareholder and customer value is the underlying principle guiding Cargotec's operations. Cargotec aims to keep a keen eye on growth, profitability and cash flow, while simultaneously ensuring strong position as a technology forerunner and market leader.
To align with Cargotec's business strategy Cargotec's tax strategy is to support business operations through sustainable tax management by identifying and delivering simple, flexible, cost- and tax-efficient solutions for Cargotec business to increase shareholder value and guarantee appropriate taxes to be paid on time in each country of operations.
Cargotec Tax Department works actively to identify and manage business, technical and reputational risks concerning tax issues early enough to create a stable platform for business operations. Cargotec's businesses are engaged in tax matters already in the planning phase to ensure alignment and appropriate compliance of tax rules and regulations. Cargotec Tax Department communicates transparently to improve engagement and understanding of tax matters.
Cargotec Tax Department has defined its processes and agreed accountabilities and responsibilities of tax matters with business operations to safeguard that all tax issues are managed in line with existing regulations.
Cargotec Tax Department works together with Cargotec's business areas to create solutions that support achievement of business targets and takes shareholder value into account as a whole.
Cargotec Tax Department respects existing regulation set to listed companies and supports the needs of business operations following the Cargotec governance rules.
Cargotec's tax management is based on transparent communication and identifying Cargotec's obligations and rights. Cargotec Tax Department makes all reasonable efforts to comply with the existing rules. Tax evasion is forbidden.
The statutory external audit for the financial period includes auditing of accounting records, financial statements, and administration. In addition to the auditor's report issued annually, the auditors report to the Board on their audit findings on a regular basis. Cargotec's financial period is the calendar year.
According to the Articles of Association, the company has at least one and a maximum of three auditors. The auditors must be public accountants authorised by the Central Chamber of Commerce. They are elected annually by the AGM and their assignment expires at the end of the first AGM following the election. PricewaterhouseCoopers Oy has acted as Cargotec's auditor since the beginning of the company's first financial period, 1 June 2005. The latest competitive bidding round for corporate audit services was arranged by the Board Audit and Risk Management Committee in autumn 2011.
The AGM of 19 March 2019 elected PricewaterhouseCoopers Oy as Cargotec's auditor, in accordance with a proposal by the Audit and Risk Management Committee. PricewaterhouseCoopers nominated Authorised Public Accountant Markku Katajisto as its principal auditor. Auditors' fees are compensated against an invoice approved by the company.
|Audit fees
|Tax advice
|Other services


text:
'The Grand Domestic Revolution—User's Manual' (GDR) investigates the domestic space and its (changing) use through a variety of methods and disciplines, traversing the fields of art, design, architecture, urban planning, activism and theory. A number of artists and other practitioners contribute to this endeavour. Residents from 2009-2011 include Sepake Angiama, Paul Elliman, and Doris Denekamp who utilized neighbourhood and online research to create prototypes and interventions around the theme of (Green) Cooperativsm. Wietske Maas and Travis Meinolf experimented with Home Production; while 'interor' infrastuctural interventions for the furniture, library and hallways were created by ifau & Jesko Fezer, Mirjam Thomann and Graziela Kunsch. Current themes and residents from February–October 2011 include Kyohei Sakaguchi and Kateřina Šedá who will each investigate forms of usership in architectures; home and housing rights with Maria Pask and Nazima Kadir; the question of invisible and domestic labour taken up by Werker Magazine; Agency will continue its deliberations on copyright issues of domestic THINGS (gardens and textiles); and keywords in relations to food service work will be workshopped with Xu Tan. Parallel to this, the Read-in activity continues. Initiated by artist Annette Krauss and theatre maker, Read-in is an open reading group inhabiting a different neighbour's home for every session.
The GDR library constitutes the backbone of our ongoing 'living research' and thus grows over time. The library offers points of engagement with the project and consists of different research materials such as books, articles, images and DVDs (artist's video, films) that are available for viewing when visiting the apartment. The first installment was done by the GDR team and was later adapted by Sao Paulo-based artist Graziela Kunsch who suggested that the GDR team create thematic selections.
'The Grand Domestic Revolution-User's Manual' is a long-term project developed as Casco's contribution to 'Utrecht Manifest: Biennial for Social Design'. The project deals with the evolutionary and collaborative process of "living" research in the contemporary domestic and private sphere – particularly in relation to the spatial imagining (or the built environment). It aims at re-articulating while exercising the notions of the social, the public and, eventually, the commons.
TOWN MEETINGS has its genealogy in past regular GDR events from 2009–2010. These include Home Cinema, where the screening of films that touch upon different aspects of domesticity, neighbourhood organisation, urban planning and alternative politics, take place; Thursday Night Supper, occasions for cooking, eating and discussion with various guests, and the midterm manifestation GDR GOES ON which consisted of a series of events over four days in domestic, private, and public spaces in Utrecht.
Since August 2010, the GDR team have undertaken research in order to connect with the local neighbourhood on questions relating to peoples' social conditions and material environments. Questionnaires, interviews, and conversations are the methods used to explore the themes and problems addressed in GDR, such as self-organised governance, co-operative living, and spatial organisation in and from the domestic sphere.
Alexander Lavrentiev and John E. Bowlt, A constructed Life, Thames and Hudson, 1988 Alexander Alberro and Sabeth Buchmann, Art after Conceptual Art, MIT Press, 2006
Alexander Alberro and Sabeth Buchmann, Art after Conceptual Art, MIT Press, 2006
Barbara Ehrenreich, Maid to Order, Harpers Magazine, 2000
Bell Hooks, Feminist Theory, South End, 1984
Bell Hooks, Feminism is for everybody, South End, 2000
Christine de Pizan, The Book of the City of Ladies, Penguin Books, 1999
Iratxe Jaio and Klaas van Gorkum, Stay Inside. Close Windows and Doors, Consonni, 2009
Are you bothered by NOISE FROM YOUR NEIGHBOUR?
Saturday 30 April 2011 (Queen's Day!) 13.00-17.00h
GDR apartment, Bemuurde Weerd o.z.18b.
With Angel Nevarez & Valerie Tevere (New York) and Patricia Sousa (Rotterdam & DAI/Artez, Arnhem)
GDR apartment facade
GDR apartment facade close up - with 'speaking trumpets', project by Angel Nevarez & Valerie Tevere
'speaking trumpets', project by Angel Nevarez & Valerie Tevere from inside GDR apartment
'speaking trumpets', project by Angel Nevarez & Valerie Tevere from inside GDR apartment
Detail from 'speaking trumpets', project by Angel Nevarez & Valerie Tevere from inside GDR apartment
Directed view from 'speaking trumpets', project by Angel Nevarez & Valerie Tevere
sound souvenir exchange' by Patricia Sousa
sound souvenir exchange' by Patricia Sousa
sound souvenir exchange' by Patricia Sousa
sound souvenir exchange' by Patricia Sousa
sound souvenir exchange' by Patricia Sousa
6 June 2011, 11.03 — posted by Casco

subset: commoncrawl


text:
Donate from your Pay
Workplace Giving is a simple way to donate to charities direct from your pay, and get your donations matched. Most companies match donations, so you could double your impact, giving your charity even more support!
To complete your workplace giving donation, you have been taken to Good2Give's secure portal. If you have completed your donation,
If something went wrong,
restart your Good2Give session
Help Davidson RFS reach their target
Donations big & small make a difference
Donate now using your credit card or PayPal account using our secure payment gateway and receive a tax deductible receipt emailed directly to you
Donating from your pay means companies can match donations, plus there's no need to keep tax receipts. Most companies match donations, so you could double your impact, giving your charity even more support!
saving changes, please wait..
page successfully updated
error saving changes
file size exceeds 512kb.
Davidson RFS
$33,336 of AUD $20,000 team's target.
Raised by 0 people in days for Macquarie University (Health)
Biggest Supporters
Richard Stewart
John Davie
Davidson RFS
Davidson RFS
There is nothing to show from any feeds at the moment.
There are no current donations or activities for this user.
Macquarie University (Health)
Macquarie University houses Australia's largest MND research facility, as well as the MND Clinic which treats 10% of MND patients in Australia. All researchers work together in the one facility, on the one topic, with one aim: To stop MND.
Created by
Davidson RFS
for Macquarie University (Health)
Activity Tracker
Recent Supporters
AUD $460 of AUD$1,504 target
0 people in days
AUD $33,336 of AUD$20,000 target
0 people in days
Please make sure you are LOGGED IN. You can only join a Team Leader page if you are logged in and have an Individual page created. If you do, it will be displayed here once you've logged in. If you don't, please return to the 'home page' and follow instructions on how to create your Individual page.


text:
Fulton City HS (FCHS) Class of 1947 Alumni List
Help us Update the Fulton City HS 1947 Class List by adding any names missing from the list below:
Registered Alumni
1947 Class List
Know Fulton City HS Class of 1947 graduates that are NOT on this List? Help us Update the 1947 Class List by adding missing names.
1947 Fulton High School Yearbook
1947 Fulton High School Yearbook
Click here to view at Classmates.com®
Reunions and Fulton City High School News
More 1947 alumni from Fulton City HS have posted profiles on Classmates.com®. Click here to register for free at Classmates.com® and view other 1947 alumni.
Missing some friends from Fulton City High that graduated with you in 1947? Check the list below that shows the Fulton City class of '47.
We also encourage you to keep up to date on news and reconnect with Fulton City High School alumni.


text:
Overcoming The World
January 1, 2015
"For whatever is born of God overcomes the world. And this is the victory that has overcome the world—our faith. Who is he who overcomes the world, but he who believes that Jesus is the Son of God?" - 1 John 5:4-5
Today, everything seems to be so uncertain and we wonder what is going to happen next. We need to be people of faith in this uncertain world. We cannot look to man. We must look to God. God is still in charge. He is Sovereign, and nothing can happen that will ever escape His notice. What God allows may not be pleasant, but you can know that His love never changes. You can know this, He is coming again and He is coming soon. If you are a child of God, you are born of God, and you have overcome the world. You are in Christ Jesus!
For more resources from Above & Beyond Fellowship, visit www.abidingabove.org.


text:
Dublin City Gallery The Hugh Lane
Located in Dublin's city centre, Dublin City Gallery The Hugh Lane, originally called The Municipal Gallery of Modern Art, houses one of Ireland's foremost collections of modern and contemporary art. The original collection, donated by the Gallery's founder Sir Hugh Lane in 1908, has now grown to include over 2000 artworks, ranging from the Impressionist masterpieces of Manet, Monet, Renoir and Degas to works by leading national and international contemporary artists. The Gallery presents dynamic schedules of temporary exhibitions, seminars and public lectures, publications and educational projects.
The Hugh Lane's role as a leading museum of modern and contemporary art was enhanced with the acquisition of the entire contents of Francis Bacon's Studio, donated by Bacon's sole heir John Edwards. The studio, located at 7 Reece Mews, London, was relocated to Dublin in 1998 and opened to the public on 23 May 2001. It provides invaluable insight into the artist's life, inspirations, unusual techniques and working methods. Never before has an artist's studio been so thoroughly catalogued and reconstructed.
The Gallery's wide range of activities both within and outside the Gallery includes an annual series of lectures by artists, philosophers and art historians. A lively education and outreach programme has forged strong links with local school and community groups with activities ranging from Kids Club workshops, adult education courses and the ever-popular Sunday lecture series.
The website will be permanently closed shortly, so please retrieve any content you wish to save.


text:
Agaves & Arids
Bananas, Gingers & Aroids
Climbing Plants
Cloud Pruned, Bonsai & Niwaki Trees
Gifts for Gardeners
Ginkgo biloba
Grasses & Grass Like
Half, Quarter & Full Standards
Hardy Palm Trees
Hedging & Screening
Japanese Maples
Olive Trees
Pleached & Espalier Screening
Tree Ferns & Ferns
All Gardens
Architectural & Colonial Gardens
Balcony Gardens
Coastal Gardens
Cottage Garden
Exposed Gardens
Japanese Garden
Jungly Gardens
Patio & Courtyard Gardens
Prairie Gardens
Roof Gardens
Screening or Lose Your Neighbour
Shady Gardens
Small Town Garden
Sunny Gardens
Water Garden
Windy Garden
Woodland Gardens
Fargesia 'Jiuzhaigou 1'
Fargesia robusta 'Campbell'
Phyllostachys aurea
Sarcococca confusa
Trachycarpus fortunei
Fargesia nitida 'Black Pearl'
Ginkgo biloba 'Troll'
Nandina domestica
Phyllostachys bambusoides 'Holochrysa'
Phyllostachys nigra 'Henonis'
Phyllostachys aurea 'Koi'
Nandina domestica 'Woods Dwarf'
Schizophragma hyd. 'Shiro Fuka fukurin fu'
Kalopanax septemlobus syn pictus
Phyllostachys vivax f. aureocaulis 'Huangwenzhu'
Acacia baileyana 'Purpurea'
Paulownia fortunei
Cordyline australis 'Pink Champagne'
Canna 'Stuttgart'
Polystichum setiferum 'Plumosum Densum'
Osmunda regalis
Dryopteris buschiana (crassirhizoma)
At Big Plant Nursery we love conifers, often overlooked these days conifers have such a wide range of forms, colours and textures. We have chosen a selection ranging Cupressus, the quintessential Italian Cypress through to Pines, Thujas and of course Taxus the well known Yew tree.
Conifers feature in all types of garden from hot mediterranean vistas with Pinus pinea ,the Umbrella pine, traditional English scenes with fastigate yew and clipped Thuja hedges and if you have space the wonderful monkey puzzel, Araucaria araucana.
Contemporary gardens would be laking without the compact neat forms of Pinus mugo making statments in both ball and mound shapes, a great alternative to box balls.
Most conifers are hardy and tolerant of a wide range of soils, can be used as specimens, container plants, wind breaks and of course hedges.
Araucaria araucana Monkey Puzzle Tree
Monkey Puzzle
The Monkey Puzzle Tree is instantly recognisable and a well known feature in many gardens throughout the country. Botanically known as Araucaria araucana, the Money Puzzle Tree originates from Chile where it grows in impressive forest groups. Ara...
from £34.50


text:
The Eastern Partnership countries and visa-free travel
Since the very launch of the European Neighbourhood Policy (ENP) in 2003, mobility and the progressive removal of obstacles to the free movement of people have been part of the EU's strategy towards neighbouring countries. In its Wider Europe Communication of March 2003, the European Commission's pledged to "examine wider application of visa free regimes" for citizens of the countries concerned. The overall aims of the ENP are to forge closer ties with Europe's neighbours and help them achieve stability and prosperity.
In December 2008, following the Russian-Georgian war, the European Commission designed the Eastern Partnership (EaP), a framework for more intensive cooperation between the EU and its Eastern neighbours. Of Swedish and Polish inspiration, the new initiative was formally inaugurated by EU leaders in Prague in May 2009. Among other things, the EaP aims to the promote mobility of citizens from the six Eastern partner countries – Moldova, Ukraine, Georgia, Armenia, Azerbaijan and Belarus – through visa facilitation and readmission agreements. At the same time, it foresees "full visa liberalisation as a long term goal." The Joint Declaration of the Prague EaP Summit reads:
"Supporting mobility of citizens and visa liberalisation in a secure environment is another important aspect of the Eastern Partnership. It will promote mobility of citizens of the partner countries through visa facilitation and readmission agreements; the EU (...) will also take gradual steps towards full visa liberalisation as a long term goal for individual partner countries on a case-by-case basis provided that conditions for well-managed and secure mobility are in place."
In practical terms, the steps leading to visa liberalisation are similar to those that the Western Balkan countries had to take. First, a partner country has to negotiate and implement visa facilitation and readmission agreements with the EU. After that, the EU offers a so-called "visa dialogue". As part of this dialogue, an "action plan for visa liberalisation" can be offered after a while.
The action plan lists the requirements that the country needs to meet to qualify for visa-free travel. The conditions are grouped under four "blocks" of issues: document security including biometrics; illegal immigration including readmission; public order and security; and external relations and fundamental rights.
Most of the requirements are the same as for the Western Balkans, and the Commission wanted to call the list of requirements a "visa roadmap" – just as it did for the Balkans. However, EU member states insisted on a different name, fearing that the process for the Balkans had set a precedent that they would have to follow: it was fast, and it was successful, ending with the lifting of the visa requirement for every participating country. They insisted that visa liberalisation process for the EaP countries remain "long term" and open-ended. This obviously clashes with the idea that the process is technical and merit-based.
Apart from carrying a different name, the action plans for the EaP countries envisage two phases of implementation: the first focusing on the adoption of the legal framework, plans and strategies, and the second dealing with their actual implementation.
In 2011, the front-runner countries in the visa liberalisation process have been Moldova and Ukraine. Both countries already received action plans for visa liberalisation – Ukraine in November 2010 and Moldova in January 2011. In September 2011, the Commission issued the first progress reports for Ukraine and Moldova, noting that in both countries "work is still under way on several pieces of draft legislation, strategies and action plans."
Georgia comes next. EU-Georgia visa facilitation and readmission agreements entered into force in March 2011. A visa dialogue should be the next step, but is not likely to be offered before the spring of 2012. The action plan will follow afterwards.
Visa-free travel with Belarus, Armenia and Azerbaijan is even further away: negotiations of visa facilitation and readmission agreements with these three countries are yet to begin. Concerning Belarus, the Commission was authorised by the member states in February 2011 to open negotiations of visa facilitation and readmission agreements, after which it submitted a formal invitation to the Belarusian authorities. To date, the Belarusian government has not responded. Meanwhile, the EU continues to impose travel restrictions on Belarusian officials and companies linked to the regime in reaction to the deterioration of the country's record on human rights, democracy and rule of law. With regard to Azerbaijan and Armenia, the Commission asked the Council for a mandate to open negotiations for visa facilitation and readmission agreements with Azerbaijan and Armenia in September 2011.
While Russia is part neither of the ENP nor the Eastern Partnership, it is very much interested in visa-free travel with the EU. A visa dialogue with Russia was agreed in April 2007 and opened in September of the same year (following the entry into force of visa facilitation and readmission agreements in June 2007). The EU and Russia are currently negotiating an agreement on the "common steps" that Russia will have to undertake to qualify for visa-free travel ("common steps" being yet another name for "visa roadmap" or "action plan for visa liberalisation"). At the end of July 2011, the Commission also proposed to extend a local border traffic regime for the inhabitants of parts of Kaliningrad to the entire Kaliningrad enclave and parts of Poland.
Visa liberalisation for EaP countries is supposed to remain a "gradual" process. By stalling for time, EU member states are undermining their own interests. The reforms that the EaP countries are required to implement will turn them into partners who help protect the EU's external borders and contribute to the EU's security. The faster they work, the better for the EU.
(This text reflects the situation in September 2011.)
The road to visa-free travel
Excerpts from EU policy documents. European Neighbourhood Policy/Eastern Partnership countries (including relations between the EU and Russia) (August 2011)
ESI activities
- ESI in Brussels: Visa Liberalisation for Ukraine (7 December 2011)
- ESI briefs Eastern Partnership Civil Society Forum on visa project (7 October 2010)
- "Warsaw: Visa-free travel for the EU's East?", Warsaw, 26 November 2010
- Warsaw: ESI participates in launch of visa-free coalition, Warsaw, 25 November 2010
- ESI in Kiev: Visa-free travel with the EU is achievable for Ukraine, 11 June 2010
- ESI in Moldova: Visa-free travel is in reach, 29 April 2010
ESI advocacy
- Stefan Batory Foundation // Europe Without Barriers, "Learning from the Western Balkans Experience", by Alexandra Stiglmayer, Batory Foundation Policy Brief (January 2011).
- Europe without Barriers; Center for Peace, Conversion and Foreign Policy of Ukraine, "Visa-free Travel with the EU is Achievable", by Alexandra Stiglmayer in, "Visa-free Europe for the Eastern Partnership: A Way to Achieve", Kiev (2010).
Useful Links – Websites
- European External Action Service (EEAS), Eastern Partnership
- European Commission, DG Home Affairs, Eastern Partnership
- Eastern Partnership Civil Society Forum
- Eastern Partnership Community (Analytical portal from the Centre for Eastern Studies)
- "Europe without Barriers" (Ukrainian NGO)
- "Coalition for a European Continent Undivided by Visa Barriers" (coalition of more than 30 NGOs from Europe working towards visa-free travel in the EaP countries)
- "No Visa" project by PASOS, the Policy Association for an Open Society, which brings together think tanks from CEE and Central Asia
"Where Europe ends"
"Where Europe Ends" is a 50 minutes documentary produced by Romanian Academic Society and Mrakonia Film, with the support of Black Sea Trust and Friederich Ebert Stiftung, on the consequences of EU enlargement on the border areas of EU adjoining countries Moldova and Ukraine.
There is also a policy report in addition to the film.


text:
- News
- Business
- Sports
- Entertainment
- Lifestyle
- Health
- Travel
- Technology
OTTAWA — One is a left-wing academic from the West Coast, the kind of oilsands industry-unfriendly elite Prime Minister Stephen Harper's Conservatives tend to view with contempt.
The other is a Saskatchewan farmer, fervently anti-abortion and a skeptic of climate change science.
But New Democratic Party MP Kennedy Stewart, who is seriously considering a bid to become B.C.'s official Opposition leader, and Conservative Brad Trost are collaborating to bring greater democracy to Parliament.
Stewart's motion to introduce electronic petitions that will force MPs to debate issues of importance to the public will be voted on Wednesday.
The populist measure, already endorsed by Reform party founder Preston Manning, has the backing of Trost and a number of other Conservatives.
And next week MPs will vote on a Stewart-backed motion from Trost, which is intended to remove Harper's steely grip on the process of selecting MPs to chair parliamentary committees.
These two motions, combined with Conservative MP Michael Chong's more sweeping bid to give caucus a greater ability to boot out leaders, are part of a growing movement here.
They want to respond to Parliament's tainted public image as a $451-million-a-year playpen populated by individuals who often behave like trained seals, stage-managed by young staffers in their respective leaders' offices.
Trost said the NDP MP's bill is an important tool to reverse apparent public apathy and cynicism that is partly manifested in low voter turnout at election time.
"There are vastly more people who will show up for causes rather than political parties, so there's a disconnect there," Trost told The Vancouver Sun Monday while standing beside Stewart near the entrance of the much-vilified House of Commons.
"Issues still matter to people. Parties and the system — not so much."
Stewart, a rookie MP on leave from his post as a Simon Fraser University political science professor, said there is significant potential for greater public participation.
"There's a hunger but, as Brad said, they don't know how to access politics."
Stewart's motion has had a cool reception from the government.
During debate Monday, Tory MP Joe Preston defended the current system, which dates back to the Magna Carta of 1215.
MPs are required to table any paper petition on any matter if it is physically signed by at least 25 Canadians. The government then has 45 days to table an official written response.
Stewart's motion calls for a parliamentary committee to spend a year studying web-based electronic petitions that would force a parliamentary debate — though not a vote.
Stewart has suggested a threshold of perhaps 50,000 names, along with a requirement that at least five or perhaps 10 MPs be required to endorse the petition before it is OK'd for open discussion.
Despite those safeguards, Preston warned that the system could open the door to "frivolous" and even "divisive" debates orchestrated by "special interests."
"To date, these debates (in Britain) have included national issues such as health care and pension increases as well as special interests such as eliminating welfare benefits for the convicted 2011 London rioters, heart surgery at a local hospital, and the elimination of the badger cull," Preston said.
He also cited abuses in the U.S. "We the People" system, which has required official responses to petitions calling for a nationalized Twinkie industry and the construction of a $850-quadrillion ($850,000,000,000,000,000) "Death Star" space station capable of destroying entire planets.
Despite that official rebuff, Stewart said he's counting on the support of frustrated members of Harper's 162-person caucus to pass his motion.
That frustration became public last year when a number of MPs condemned moves by Harper's office to stifle B.C. Conservative Mark Warawa's efforts to push through a motion condemning sex-selection abortion.
Trost said he's confident he'll also get majority support for his motion calling for a preferential-ballot vote by all MPs at the start of each parliamentary session to choose committee chairmen.
Harper, despite condemning the practice in opposition, has since 2006 dictated who gets chairman posts, which mean a $11,300 stipend on top of the MPs' $160,200 base salary.
Taking control out of the prime minister's hands is widely seen as an important step in boosting the independence and potential clout of committees and the ordinary MPs who sit as members.
Stewart has seconded both Trost's motion and a more sweeping initiative by Tory Michael Chong, who has proposed a bill that includes provisions for a leadership review if a petition is signed by at least 15 per cent of caucus members.
A bare majority of MPs would then be able in a vote to trigger a party leadership selection process. The bill, if passed, would tip the power balance that is now overwhelmingly on the side of the prime minister.
Chong's bill is still in its early stages and is expected to be up for second-reading debate in May.
Stewart, who is edging closer to a decision on whether to leave Parliament Hill to seek the B.C. NDP leadership, said in a speech Monday the three proposals are part of "package that would bring real change to how we do business in this place."
Trost said he has no trouble finding common cause with a parliamentary colleague with whom he has, politically speaking, almost nothing else in common.
"This crosses the political spectrum. It's neither a left nor right issue."


text:
- ~ Jesse Davidson
- ~ Juanita Rasmussen
Data supplied by CREB®�s MLS® System. CREB® is the owner of the copyright in its MLS® System. The listing data displayed is deemed reliable but is not guaranteed accurate by CREB®. Data last updated on February 28, 2020 2:31 PM.
The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®,
Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA®) and identify the quality of services provided by real estate professionals who are members of CREA®. Used under license.
Show More...
Enter your email address to receive emails from Tom & Krista Waterhouse about properties and listings in your area. By registering, you agree to our terms of use and that real estate professionals and lenders may contact you about your inquiry, which may involve use of artificial means and prerecorded/artificial voices. Consent can be withdrawn at any time by clicking the "unsubscribe" link contained in the email. Visit our terms of use for further information. Tom & Krista Waterhouse, #130, 703 64th Avenue SE , Calgary, AB , email@example.com


text:
"The strait that surpasses all straits…The Bosporus with one key opens and closes two worlds, two seas."
Strolling Through Istanbul, John Freely (2000)
The Bosporus forms a natural border between the European and the Asian part of Istanbul, while also connecting the Black Sea with the Sea of Marmara. It is 32 km long and is one of the world's narrowest straits. It is also one of the most significant global shipping routes, with 24 hour traffic of cargo ships, container vessels, oil tankers, sea fishing boats and cruisers.
The volume of maritime traffic in the Bosporus has increased eleven-fold since the beginning of the 20th century. In recent years the Bosporus has also become an important oil transit route, which poses a significant environmental threat. A ship passes by approximately every ten minutes. "1.5 million people travel daily through the straits." (Today's Zaman, 24 June 2008).
Two bridges cross the Bosporus: the first was completed in 1973; the second, Fatih Sultan Mehmet Bridge, was completed in 1988. Both are over 1 km long. Plans for a third road bridge have already been approved by the Ministry of Transportation.
Another major construction project is the Marmaray Railway line, which will connect the European and the Asian sides under the Bosporus by train. The tunnel will connect Uskudar with the historic Eminonu. In total, the rail line will be over 76 km long, of which 13.6 km will be underground. Work started in May 2004 and is expected to be completed in 2012.
The Bosporus
October 2008


text:
Welcome to camelcamelcamel, a free Amazon price tracker!
Our free Amazon price tracker monitors millions of products and alerts you when prices drop, helping you decide when to buy.
How do we help you save money?
There are three major ways:
Amazon Price Drop Alerts
Amazon Price History Charts
Browser Addons
Signing up is quick and makes using the site more convenient. It's also free!
Have a Google, Facebook, or Twitter account? You're welcome to sign in with those, too.
Supported Amazon Countries
Don't shop at Amazon United States? Choose your preferred Amazon country here.
Popular Products
Check out these recently popular deals on camelcamelcamel. See what Camel users have been buying lately! (more info)
All-new Fire TV Cube, hands-free with Alexa built in, 4K Ultra HD, streaming media player, released 2019
Top Amazon Price Drops
Big price drops! The products below are selected from categories that you frequently track products in and have had large price drops since the last price update. See more price drops.
Amazon.com Discounts by Category
These lists are a great way to start your Amazon price tracking experience with camelcamelcamel. Use the links below to find a product you want to buy at Amazon, then come back here and put the product's URL into our search box to look up its price history and/or create a price watch.
|Baby Products
|Save 75%+
|Blu-ray & DVD
|Save 75%+
|Save 60%+
|Save 75%+
|Save 75%+
|Home & Kitchen
|Save 75%+
|iPod & MP3
|Save 75%+
|Video Games - 3DS
|Save 75%+
|Video Games - PS3
|Save 75%+
|Video Games - PSP
|Save 75%+
|Video Games - Wii
|Save 75%+
|Video Games - Xbox 360
|Save 75%+


text:
Trying to stay active and healthy as a retired distance runner and a current cancer patient
Friday, August 10, 2012
One more on testosterone levels
7 comments:
- jamie said...
Best wishes with it all, Damon. You've explored many avenues, hopefully this will have some positive results.
- August 10, 2012 at 7:19 PM
- Jeff Farbaniec said...
It certainly sounds like the injections are taking things in the right direction for you. I'm going to be interested in hearing what your doctor has to say about taking things into your own hands and whether he agrees with the direction you've taken. Or, maybe your PCP isn't your doctor anymore?
BTW, shoot me the link for the trophy wife. :)
- August 13, 2012 at 10:30 AM
- Damon said...
I have a physical scheduled for the middle of next month. Assuming that I have insurance coverage and I go to the physical, I honestly expect that my doc might "fire" me as a patient. He still isn't happy with me eating a paleo diet, he doesn't like the fact that I don't want to take statins and that I consider them dangerous. He mas mad a few years ago when I wouldn't take cipro as my back-up antibiotic when I went to Costa Rica for a week. I made him find a different antibiotic because I won't take fluoroquinolones, which have been associated with spontaneous tendon ruptures, especially in (pseudo)athletes. My PCP went to a very famous medical school in Baltimore and thinks that his patients should do only what he tells them to do.
It's not like I got the testosterone illegally. I simply had to find a doctor who approached my symptoms a bit more openly. But, my PCP isn't going to like it at all, if I know him as well as I think I do.
- August 13, 2012 at 2:37 PM
- nutritionalis said...
- This comment has been removed by a blog administrator.
- August 20, 2012 at 9:44 AM
- Jeff Farbaniec said...
Sounds like you should probably fire your PCP if he doesn't fire you first. Any chance of finding a new PCP with an outlook that's better aligned with your own?
- August 20, 2012 at 3:17 PM
- Unknown said...
- This comment has been removed by a blog administrator.
- September 6, 2012 at 6:36 AM
- karen said...
- This comment has been removed by a blog administrator.
- October 3, 2012 at 3:53 AM


text:
I've been thinking recently about some wrestlers that PWG, and bring in to add even more variety. With Sami Calihann debuting already, and Michael Elgin Debuting on the 25TH, I was thinking of people to add to the roster so heres a very short list, and a list i hope people on here will add to.
-Chikara Wrestlers such as the Colony, Quack, Kingston ect.
-Jay Lethal
-Johnny Gargano
Please feel free to continue this list, and maybe we can get some of these wrestlers booked.


text:
- Author: Kathy Keatley Garvey
Extension Apiculturist Eric Mussen (right), a member of the UC Davis Department of Entomology faculty, touches on these subjects in the latest edition of from the UC Apiaries, a bimonthly newsletter he's been writing since 1976.
Mussen, who will be the keynote speaker at the 120th annual California State Beekeepers' Association, set Nov. 17-19 in San Diego, keeps beekeepers informed.
His topic at the state beekeepers' meeting? "Glimpses of California's Beekeeping Future." He'll speak at 10:30 a.m. on Tuesday, Nov. 17 at the convention headquarters, the Hilton Resort and Spa.
Mussen, who was named the California Beekeeper of the Year in 2006, won the American Association of Professional Apiculturists' Award of Excellence in Extension Apiculture in 2007. In 2008 he received the Distinguished Achievement Award in Extension from the Pacific Branch of the Entomological Society of America.
A noted authority on honey bees, Mussen has been interviewed by Good Morning, America, the Lehrer Hour, National Public Radio, California Heartland, New York Times and the Los Angeles Times, among other media.
Other UC Davis speakers at the conference will be breeder-geneticist Susan Cobey, manager of the Harry H. Laidlaw Jr. Honey Bee Research Facility and assistant professor and native pollinator specialist Neal Williams.
Cobey, who was named the association's California Young Beekeeper of the Year in 1986, will speak Nov. 17 on "Update on Stock Improvement." Williams will discuss his work as the UC Davis new native pollinator specialist on Nov. 18.
Meanwhile, hot off the presses, is the September-October edition of from the UC Apiaries. You can read the current edition and back editions, 1994-2009, here. There's no charge to download the newsletters.
The doctor (Mussen has a Ph.D. in entomology from the University of Minnesota, St. Paul) is in.


text:
|Message view
|« Date » · « Thread »
|« Date » · « Thread »
|asfgit <...@git.apache.org>
|[GitHub] struts-examples pull request #13: there is not exists 2.5.12
|Mon, 10 Jul 2017 06:33:45 GMT
Github user asfgit closed the pull request at: https://github.com/apache/struts-examples/pull/13 --- If your project is set up for it, you can reply to this email and have your reply appear on GitHub as well. If your project does not have this feature enabled and wishes so, or if the feature is enabled but not working, please contact infrastructure at email@example.com or file a JIRA ticket with INFRA. --- --------------------------------------------------------------------- To unsubscribe, e-mail: email@example.com For additional commands, e-mail: email@example.com
|View raw message


text:
University of Rochester undergraduate Amanda Chen '14 has been named a 2013-14 Barry M. Goldwater Scholar. She is among 272 recipients selected from a pool of 1,107 mathematics, science, and engineering students who were nominated by the faculties of colleges and universities nationwide. Chantel Gaudet '14, a chemical engineering and applied mathematics major, received an honorable mention. Chen is 26th Rochester student to be named a Goldwater Scholar since 2000, with six students receiving honorable mentions during this period.
A native of Danville, Calif., Chen is working toward a bachelor of science degree in biomedical engineering with a minor in chemical engineering. Her impressive academic credentials include being named a 2012 participant in the German Academic Exchange Service-Research Internships in Science & Engineering Scholarship (DAAD-RISE) program. Through the internship, she spent last summer working in Bremen, Germany, conducting research on developing boron lipid-containing liposomes as carriers for therapeutic drug delivery and gene therapy at Jacobs University in Professor Detlef Gabel's Lab. While in Germany, Chen was selected to give a presentation on her research at the DAAD-RISE Alumni & Scholars Conference in Dresden.
Chen's first experience in a laboratory setting was as a research assistant in Professor Jack Werren's Lab. Additionally, she participated in a Research Experiences for Undergraduates (REU) program at Clemson University in summer 2011, where she researched electrochemical properties of polymer ultra-capacitors in Professor Mark Roberts' Lab. Chen has also spent the last two years working in Professor Danielle Benoit's Lab, where she studies therapeutic biomaterials.
An active member of Rochester's student chapter of the Biomedical Engineering Society, in October 2012 Chen gave a platform presentation on her research at the organization's national conference, held in Atlanta, Ga. Next year, she will serve as the chapter's secretary, while holding a leadership position as president of Tau Beta Pi, Rochester's engineering honor society. Chen also was elected to Phi Beta Kappa as a junior and was given the Outstanding Junior Award by the Department of Biomedical Engineering, which recognizes academic excellence and achievement.
Outside of the lab, Chen is a workshop leader for chemistry and biomedical engineering classes. Chen also has advanced her study of the oboe through lessons at the Eastman School of Music and participation in the River Campus Symphony Orchestra, and in fall 2011, she won the River Campus Concerto Competition.
The Goldwater Scholarship, which is endowed by the U.S. Congress in honor of the late Sen. Barry M. Goldwater, is a competitive fellowship for undergraduate students in science, math, and engineering. Nearly all Goldwater Scholars intend to pursue a doctoral degree. The scholarship is worth up to $7,500 per year. Since its first award in 1989, the Foundation has bestowed over 6,550 scholarships worth approximately 40 million dollars. Each year, 10 to 20 sophomores and juniors compete for the four University nominations to the national competition. Applicants must rank in the top quartile of their class while demonstrating outstanding research skills, potential for advanced study in their fields, and a strong commitment to the pursuit of research-oriented careers.