Exel Composites' Group Management Team reinforced - Kim Sjödahl appointed SVP Product and Technology Development

EXEL COMPOSITES PLC   STOCK EXCHANGE RELEASE 5.1.2012 at 11.10 1 (1)

EXEL COMPOSITES’ GROUP MANAGEMENT TEAM REINFORCED – KIM SJÖDAHL APPOINTED SVP PRODUCT AND TECHNOLOGY DEVELOPMENT

Mr. Kim Sjödahl, 37, has been appointed Senior Vice President Product and Technology Development and member of Exel Composites Plc’s Group Management Team as of 1 February 2012. He holds an M.Sc. in Mechanical Engineering, majoring in composite technology and product development, from the Chalmers University of Technology (Gothenburg, Sweden). 

Mr. Sjödahl has been employed by Exel Composites since 1997. His earlier position is VP Product Development for Exel Composites’ units in Finland and Germany.

“Kim Sjödahl will reinforce Exel Composites’ drive to further develop our global technical sales organization and customer driven product development. His expertise in composite technology and product development as well as extensive experience of managing the customer technical interface are excellent assets to the Company”, Mr. Vesa Korpimies, CEO of Exel Composites, says.

Exel Composites Management Group members are Mr. Vesa Korpimies, President and CEO, Mr. Ilkka Silvanto, CFO, Mr. Callum Gough, SVP Operations and Mr. Kim Sjödahl, SVP Product Development and Technology.

Vantaa, 5 January 2012

Exel Composites Plc

Vesa Korpimies

President and CEO

FURTHER INFORMATION:
Vesa Korpimies, President and CEO, Exel Composites Plc,
tel. +358 50 590 6754, or email vesa.korpimies@exelcomposites.com

Ilkka Silvanto, CFO, Exel Composites Plc, tel. +358 50 598 9553, or email ilkka.silvanto@exelcomposites.com

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NASDAQ OMX Helsinki Ltd.
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www.exelcomposites.com

EXEL COMPOSITES IN BRIEF 

Exel Composites is a technology company which designs, manufactures and markets composite profiles and tubes for industrial applications. The Group is the leading composite profile manufacturer in the world and concentrates on growing niche segments.

The core of the operations is based on own, internally developed composite technology, product range based on it and a strong market position in selected segments with a strong quality and brand image. Profitable growth is pursued by a relentless search for new applications and development in co-operation with customers. The personnel’s expertise and high level of technology play a major role in Exel Composites’ operations.

Exel Composites Plc share is listed in the Small Cap segment of NASDAQ OMX Helsinki Ltd.