Markku Honkasalo appointed CFO of Componenta

Componenta Corporation Stock Exchange Release 14.12.2015 at 8.45

Markku Honkasalo, 51, has been appointed CFO of Componenta Corporation and a member of the Corporate Executive Team being responsible for Componenta’s finance and treasury functions. Honkasalo reports to CEO and President Harri Suutari. Honkasalo will start in his position on December 14, 2015.

Markku Honkasalo has a strong and extensive experience in leading finance and treasury functions. At the latest, he has worked as CFO of Rautaruukki Corporation (2011–2013) and CFO of Valmet Corporation (2013–2015). Honkasalo holds LL.M. and eMBA degrees and is also trained at the bench. 

“Markku Honkasalo brings strong finance and financing know-how to Componenta, and will act in a key role when improving profitability and strengthening financial position of the company,” says CEO and President Harri Suutari.

Componenta’s current CFO Henri Berg moves back to his previous position as VP, Finance and Controlling of Componenta Corporation.

Helsinki, 14 December 2015

COMPONENTA CORPORATION

Harri Suutari

President and CEO

For further information, please contact:

Harri Suutari

President and CEO

tel. +358 400 384 937

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 the NASDAQ OMX 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.