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Changes in Fortum Corporation’s Management Team

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FORTUM CORPORATION STOCK EXCHANGE RELEASE 29 November 2011 at 11.00 EET

Maria Paatero-Kaarnakari, Senior Vice President, Corporate Strategy and Research & Development at Fortum Corporation, will leave her current position to be appointed as Senior Vice President, Fortum Asia, as of 1 February 2012. In her new position, Maria Paatero-Kaarnakari’s main responsibility is to initiate and develop a future growth platform for Fortum in India. She will be placed in Delhi. With this change Maria Paatero-Kaarnakari will leave Fortum Management Team. She will continue to report to Tapio Kuula, President and CEO of Fortum Corporation.   

Anne Brunila, Executive Vice President, Corporate Relations and Sustainability, will also take the responsibility of Corporate Strategy as of 1 January 2012 and her title will be Executive Vice President, Corporate Relations and Strategy.

Per Langer, Executive Vice President, Heat Division, will take the responsibility of Corporate Research and Development and Innovation as of 1 January 2012. 


Fortum Corporation
Anne Brunila
Executive Vice President, Corporate Relations and Sustainability
Tel. +358 10 45 20970

Distribution:
NASDAQ OMX Helsinki
Key media
www.fortum.com

 

Fortum
Fortum's purpose is to create energy that improves life for present and future generations. We provide sustainable solutions that fulfil the needs for low emissions, resource efficiency and energy security, and deliver excellent value to our shareholders. Our activities cover the generation, distribution and sales of electricity and heat as well as related expert services.

Fortum's operations focus on the Nordic countries, Russia, Poland and Baltic Rim area. In the future, the integrating European and fast-growing Asian energy markets provide additional growth opportunities. In 2010, Fortum’s sales totalled EUR 6.3 billion and comparable operating profit was EUR 1.8 billion. We employ approximately 10,500 people. Fortum’s shares are quoted on NASDAQ OMX Helsinki.

Further information: www.fortum.com

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