Management Board

The Management Board is a governing body which represents and manages the Company in its daily activity in accordance with the law and the Articles of Association. The Management Board has to act in the best economic interests of the Company. According to the Articles of Association, Harju Elekter’s Management Board may have 1-5 members who are elected by the Supervisory Board for a period of three years. The Supervisory Board appoint also the chairman and the members as well as remove a member of the Management Board. Every member of the Management Board may represent the Company in all legal acts.

At its 16 March 2020 meeting, the Supervisory Board of AS Harju Elekter appointed Tiit Atso, Member of the Management Board and CFO, as the Chairman of the Management Board of the company, effective from 04 May 2020. The Management Board of the company has two members: Tiit Atso (Chairman) and Aron Kuhi-Thalfeldt (Member, Head of Real Estate and Energy Services).

The member of the Board is remunerated according to the contract of service. The member of the Board is entitled to receive a severance payment in the amount of 8 months’remuneration of a member of the Management Board.

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

Tiit Atso

Chairman of the Management Board

Education: Tallinn University of Technology
Career:
2012 – 2014 AS Viru Keemia Grupp, project finance manager
2014 – 2015 AS Harju Elekter, chief economist
2015 – 2020 AS Harju Elekter, CFO of the Group

Participation in the management bodies of business organisations:
AS Harju Elekter Elektrotehnika, AS Harju Elekter Teletehnika, Energo Veritas OÜ – Chairman of the Supervisory Board; OÜ Skeleton Technologies Group – Member of the Supervisory Board; Harju Elekter UAB,  Telesilta Oy, Harju Elekter AB, Harju Elekter Services AB – Chairman of the Management Board; Harju Elekter Oy – Vice Chairman of the Management Board; Harju Elekter Kinnteistöt Oy – Member of the Management Board

Tiit Atso does not own Harju Elekter shares.

Aron Kuhi-Thalfeldt

Member of the Management Board, Head of Real Estate and Energy Services

Haridus: Tallinn University of Technology
Career:
2003 – 2007 AS Harju Elekter, Construction and Energy Services department engineer
2007 –          AS Harju Elekter,  Head of Real estate and Energy Services department

Participation in the management bodies of business organisations:
Harju Elekter Kiinteistöt Oy – Chairman of the Management Board

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