Componenta appoints new President and CEO

The Board of Directors of Componenta Corporation has appointed Harri Suutari as President and CEO of Componenta Corporation. The appointment becomes effective immediately. Harri Suutari has been the Chairman of the Board but has now resigned from his Board position. 

Heikki Lehtonen, the previous President and CEO of Componenta Corporation, will during the transition period be available to carry out certain duties as determined by the President and CEO. Heikki Lehtonen will continue for the time being as the Chairman of the Board of Componenta Dökümcülük A.S.                                        

The Componenta Board of Directors has elected Matti Ruotsala, the previous Vice Chairman of the Board, as the new Chairman of the Board and Olavi Huhtala as the new Vice Chairman of the Board. 

Helsinki, 16 November 2015 

COMPONENTA CORPORATION
 

Board of Directors

For further information, please contact:

Matti Ruotsala
Chairman of the Board of Directors
Tel +358 400 487052 or +358 50 5908201

Harri Suutari
President and CEO
Tel +358 400 384937

Distribution:

NASDAQ OMX Helsinki Oy
Main media
www.componenta.com

Componenta is a metal sector company with international operations and production plants located in Finland, Turkey, the Netherlands and Sweden. The net sales of Componenta were EUR 495 million in 2014 and its share is listed on Nasdaq Helsinki. The Group employs approx. 4,250 people. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers, who are manufacturers of vehicles, machines and equipment.