Pihlajalinna Plc:Leena Niemistö will leave operative management and focuses on board positions - Aarne Aktan starts as EVP C&S segment at Pihlajalinna 29.4.2016

Pihlajalinna Plc Stock Exchange release 29.4.2016 at 8.00 a.m. (EEST)

Leena Niemistö will leave operative management and focuses on board positions - Aarne Aktan starts as EVP C&S segment at Pihlajalinna 29.4.2016

Pihlajalinna's Deputy CEO since 2013 and EVP of Private Clinics and Specialized Care segment since 2014 Leena Niemistö has announced the company that she will concentrate on her board positions and leave her operative management positions in Pihlajalinna Plc. Niemistö will resign her positions as Deputy CEO, EVP C&S segment and group management team.  She will continue as Senior Adviser especially in M&A.

Niemistö is currently the Chairman of the Board of Directors of Pihlajalinna Plc and Finnish National Opera, Vice Chairman of the Board of Directors of Stockman Plc and a member of the Board of Directors of Elisa Plc, Suomen Messut Osuuskunta and Svenska Handelsbanken Finland among others. Niemistö is also the Chairman of the Ars Fennica Foundation jury and an active investor and advisor to many Finnish startup companies.

Aarne Aktan starts at Pihlajalinna on 29 April, 2016. He will take on the position of EVP Private Clinics and Specialized Care business segment. Aktan will start as the CEO of Pihlajalinna on 8 August when Mikko Wirén will become a member of the Pihlajalinna Board of Directors.

Leena Niemistö: "I want to warmly thank all Pihlajalinna employees, colleagues and business partners. It has been great to be involved in developing of the Dextra and Pihlajalinna growth story. We are today one of the leading social and healthcare service providers in Finland and I'm very proud of this accomplishment. There is an excellent team in the company that will continue this work and I will contribute to the success of the company from now on via the Board of Directors."

Aarne Aktan: "This is an excellent opportunity to orientate myself more deeply to C&S segment business operations before I start as Pihlajalinna's CEO in August. I can also learn about the social and healthcare sector much more quickly when working together with Mikko Wirén for three months in the operative leadership."

Further information:

Leena Niemistö, Chairman of the Board of Directors, Pihlajalinna Plc, + 358 50 597 9505

Aarne Aktan, EVP, Private Clinics & Specialized Care (CEO from 8 August 2016), Pihlajalinna Plc, + 358 40 342 4440

Terhi Kivinen, SVP, Communications, Marketing and IR, Pihlajalinna Plc, +358 40 848 4001, terhi.kivinen@pihlajalinna.fi

Distribution

Nasdaq Helsinki Oy

Key media

investors.pihlajalinna-konserni.fi   

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