Finlandia University

“Mr. Michael a. Lahti mr. John j. Perras mr. Eric sauey ms. Julie badel jeanne kemppainen mr. Paul knuti shelby hamar rev. Peter vorhes mr. Daniel niemi mr. Ross rinkinen mr. Stephen nikander dr. John niska ms. Marilyn clark ms. Kathleen harmon”

“No review was or will be conducted.”

“The board of trustees determines the president's salary. Salary decisions have been linked to recent historical data internally as well as local and cohort comparatives, also taking market factors and internal financial considerations into account. When a change in compensation or any terms of employment is made for the president, the board of trustees sends human resources a copy of the letter that was sent to the president informing him of the change. Human resources then completes an internal form documenting the change and the form is required to be signed off by human resources, executive vp of business, and the president.”

“The president determines compensation for the executive vp's. Salary decisions for these leaders have been linked to recent historical data internally as well as local and cohort comparatives, also taking market factors and internal financial considerations into account. For compensation terms of employment changes made for all other employees (including the executive vps), the direct supervisor completes the aforementioned form and includes any supplemental documentation. Approval must be made on the form by signature from the supervisor, the executive vp overseeing the unit the employee works, the executive vp for business, human resources, and the president.”

“Governing documents are kept in the library and are available upon request.”

“Mannerheim, inc. - consolidated for financial statement 0 mannerheim, inc. - consolidated for financial statements 0 rounding 0 net loss from reconciliation of subsidiary 0”