Creating material science innovations for a green and healthy environment.

OUR
COMPANY

BIG IMPACT
WHERE IT MATTERS MOST

Eagle Filters Group is a material science company that aims to enable a green and healthy environment.

Eagle provides high performance filtration solutions that cut CO2 emissions and increase profitability of the energy industry. Eagle’s technology improves performance and energy efficiency while cutting costs. The technology is being used by some of the world’s largest energy utilities.

Eagle’s advanced filtration media enables improved and reliable filtration efficiency with significantly reduced pressure loss, at a competitive cost. These proprietary materials provide opportunities to expand to several new filtration application areas, including HVAC, automotive as well as industrial filtration, providing further opportunities for improving performance and energy efficiency, as well as cutting CO2 emissions.

THE
TEAM

Management Team

Jarkko Joki-Tokola

Managing Director, CEO

Jarkko Joki-Tokola, (M.Sc. Eng.) has worked as a Co-Founder in CRF Health and Lifeline Ventures. He has been employed in new business development role in his early career at Fortum and Teliasonera, and has lived and worked in the US for nearly 10 years.

Lassi Noponen

Managing Director

Lassi Noponen is a co-founder of Eagle Filters Group and Proventia Group Oy. His has worked as an investment banker and energy industry executive. By education, Lassi is a Master of Law and M.Sc. (Mgmt) from London Business School. Lassi has been named to Cleantech Scandinavia Hall of Fame.

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Timo Linnainmaa

Managing Director, CFO

Timo Linnainmaa is the co-founder of Eagle Filters Group. Timo has worked in the cleantech area since 2002 as a researcher, advisor and investor. He previously acted as CEO of Cleantech Invest (later named Eagle Filters Group). By education, Timo is a M.Sc. (Industrial Engineering and Management).

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Board of Directors

Matti Vuoria

Chairman of the Board

Elected to the Board in 2016

Independent of the Company and the major shareholders

After a decade of service as the CEO of VARMA Mutual Pension Insurance Company Matti Vuoria retired in 2014. He is currently Chairman of the Board at YIT Oyj. His previous board positions include Stora Enso Oyj, Wartsilä Oyj, Sampo Oyj, Orion Oyj and Danisco (Denmark) as well as Nordic Investment Bank. He was the full-time Chairman of Fortum Oyj for five years during 1998-2003. Matti Vuoria is a member of the Swedish Academy of Engineering Sciences.

James Penney

Board Member

Elected to the Board in 2016

Independent of the Company and the major shareholders

James Penney is the Chairman of London based Darwin Property Investment Management Limited and chairs the Investment Committee. In 2015 Darwin Property Investment Management Limited was named ‘Alternative Investment Manager of the Year’ at European Pension Awards and ‘Alternatives Manager of the Year’ by LAPF Investment Awards. James Penney is also the owner and MD of Darwin Consulting. Prior to founding Darwin Consulting, James Penney had an academic career including undergraduate and doctoral studies at Trinity College, Cambridge, as Principal Lecturer at Westminster College, Oxford and as a Sloan Fellow at London Business School from which he has a M.Sc. in Management Studies.

Markku Hämäläinen

Board Member

Elected to the Board in 2022

Major shareholder and independent of the company

Markku Hämäläinen has extensive experience of building and managing material science companies. Markku acted as the CEO of Kotkamills Oy, a Finnish paper industry company located in south–east Finland, until the company was sold for appx EUR 425 million in 2021. Prior to this he was the Managing Director of Papierfabrik Scheufelen GmbH in Germany and, before that, employed by Stora Enso Oyj in various production and R&D positions in Finland. Markku has a doctoral degree in Paper Technology from the University of Lappeenranta in Finland.

Lassi Noponen

Board Member

Elected to the Board in 2010

Major shareholder and not independent of the company

Lassi Noponen is a co-founder of Eagle Filters Group and Proventia Group Oy. His has worked as an investment banker and energy industry executive. By education, Lassi is a Master of Law and M.Sc. (Mgmt) from London Business School. Lassi has been named to Cleantech Scandinavia Hall of Fame.

Jarkko Joki-Tokola

Board Member

Elected to the Board in 2022

Major shareholder and not independent of the company

Jarkko Joki-Tokola, (M.Sc. Eng.) is the CEO of Loudspring Plc. He has previously worked as a Co-Founder in CRF Health and Lifeline Ventures. He has been employed in new business development roles in his early career at Fortum and Teliasonera, and has lived and worked in the US for nearly 10 years.