Marko Karppinen appointed CFO of Componenta

Componenta Corporation Stock Exchange Release on 20.10.2016 at 11.00

Marko Karppinen, 45, has been appointed CFO of Componenta Corporation as of 20 October 2016. He reports to CEO and President Harri Suutari and continues as a member of the Corporate Executive Team. Previously, he has worked as Senior Vice President, Development.

Markku Honkasalo has decided to move to another position outside Componenta Group as of 1.12.2016.

“I thank Markku Honkasalo for his contribution when trying together to save highly leveraged Componenta. Marko Karppinen has worked with me already at Ponsse and PKC Group as CFO. I’m happy to have him to lead Componenta’s turnaround with me,” says CEO and President Harri Suutari.

Helsinki, 20 October 2016

COMPONENTA CORPORATION

Harri Suutari
President and CEO

For further information, please contact:

Harri Suutari
President and CEO
tel. +358 10 403 2200

Componenta is a metal sector company with international operations and production plants located in Finland, Turkey and Sweden. The net sales of Componenta were EUR 495 million in 2015 and its share is listed on Nasdaq Helsinki. The Group employs approx. 3 700 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.