Leena Mörttinen to join Metsäliitto Cooperative’s Board of Directors
Metsä Group Stock Exchange Release, 5 November 2015 at 17.15 EET
At a meeting held on 5 November 2015, the Supervisory Board of Metsä Group’s parent company, Metsäliitto Cooperative, elected Leena Mörttinen, Doctor of Social Sciences (Econ.) to be a new member of Metsäliitto Cooperative’s Board of Directors as of 1 January 2016. Mörttinen is the Executive Director of Family Business Network Finland. She has previously worked as the Director of the Competitiveness and Growth division of the Confederation of Finnish Industries (EK) and has held several managerial positions at Nordea Bank.
Saini Jääskeläinen, an entrepreneur in farming and forestry, has announced that she will be leaving the Board of Directors. Jääskeläinen has been a member of the Board since 2005.
The meeting also decided to pay the following fees to the Chairman and members of the Board of Directors in 2016: the fee paid to the Chairman of Metsäliitto Cooperative’s Board will be EUR 6,700 per month, and the monthly fee for Board members will be EUR 3,700. The monthly fee paid to the chair of the Audit Committee will be EUR 1,200. The fees remain unchanged compared to 2015.
For further information, please contact:
Miika Arola, Group General Counsel, tel. +358 10 465 4205
Metsä Group is a responsible forest industry group whose products’ main raw material is renewable wood from sustainably managed northern forests. Metsä Group focuses on tissue and cooking papers, fresh forest fibre paperboards, pulp, wood products, and wood supply and forest services. Its high-quality products combine renewable raw materials, customer-orientation, sustainable development and innovation. Metsä Group’s sales totalled EUR 5 billion in 2014, and it employs approximately 9,800 people. The Group operates in some 30 countries. Metsäliitto Cooperative is the parent company of Metsä Group, and it is owned by approximately 120,000 Finnish forest owners.