5.5.2022

Carola Lindholm Elected as Chair of the Board of Directors of Castrén & Snellman

Partner Carola Lindholm, co-head of our Mergers & Acquisitions service, has been elected as the new Chair of Castrén & Snellman’s Board of Directors. Carola succeeds Pauliina Tenhunen, who leaves the position on her own initiative and will focus her attention on heading the Corporate Governance and Restructuring & Insolvency services. Pauliina has held a leadership position in our firm for over ten years, first for six years as Managing Partner and another five years as Chair of the Board.

Carola Lindholm has been a member of the Board since 2017. She will be Castrén & Snellman’s third con-secutive female Chair of the Board—before Pauliina Tenhunen, the Board was helmed by Merja Kivelä.

‘My warmest congratulations to Carola on her new position. Our company has grown by well over a third over the last two years, and we have taken over the leading position of a new era in the market. Under the leadership of Carola and her colleagues, we have become our clients’ strategic adviser in some of Finland’s most significant transactions. Our Board will gain an energetic and inspiring leader in Carola, and she will guide our firm to be in a position to help our clients face the challenges the future brings’, says Pauliina Tenhunen.

‘I accept the position as Chair of the Board of Directors with excitement, and I am honoured to succeed Pauliina’, says Carola Lindholm. ‘The operating environment of companies is seeing major changes, and our clients are faced with increasingly high demands. There has never been more demand for the services our firm provides, and we will do everything in our power to offer to our clients the best support in the market. My important task is to amplify our firm’s unique culture of working together and caring as well as the cooperation with our clients.’

In Castrén & Snellman’s annual general meeting, Jarno Tanhuanpää was elected as a new member of the Board of Directors. Anders Forss, Sakari Salonen, Tero Tuomisto and Outi Tähtinen continue as members of the Board. Anders Forss, Sakari Salonen and Jarno Tanhuanpää are also members of the firm’s Management Group. Sakari Lukinmaa continues as the Managing Partner of Castrén & Snellman.

According to the financial statements adopted by the annual general meeting of 20 April 2022, the firm’s turnover for the 1 February 2021–31 January 2022 financial period was EUR 66.2 million. Compared to the previous financial period, the turnover grew by 27%. In 2021, Castrén & Snellman became the largest law firm in Finland in terms of lawyers based in the country.