Jussi Linnaranta to join Metsäliitto Cooperative’s Board of Directors

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Metsä Group Stock Exchange Release, 2 November 2016 at 6:30 p.m. EET

At a meeting held on 2 November 2016, the Supervisory Board of Metsä Group’s parent company, Metsäliitto Cooperative, elected Jussi Linnaranta, Master of Science (Agriculture and Forestry), to be a new member of Metsäliitto Cooperative’s Board of Directors as of 1 January 2017. Linnaranta has a long time experience from forestry as well as from positions of trust in Metsäliitto. He has been a member of the Supervisory Board since 2004.

Mikael Aminoff, metsäneuvos (Finnish honorary title), will be leaving the Board of Directors.  Aminoff has been a member of the Board since 2008.

The meeting also decided to pay the following fees to the Chairman and members of the Board of Directors in 2017: the fee paid to the Chairman of Metsäliitto Cooperative’s Board will be EUR 7,000 per month, and the monthly fee for Board members will be EUR 4,000. The monthly fee paid to the chair of the Audit Committee will be EUR 1,200 and to the chair of Compensation Committee EUR 1,000.

 

METSÄ GROUP

 

For further information, please contact:
Miika Arola, Group General Counsel, tel. +358 10 465 4205



www.metsagroup.com

Metsä Group is a forerunner in bioeconomy utilising renewable wood from sustainably managed northern forests. Metsä Group focuses on wood supply and forest services, wood products, pulp, fresh forest fibre paperboards and tissue and cooking papers.

Metsä Group’s sales totalled EUR 5.0 billion in 2015, and it employs approximately 9,600 people. The Group operates in some 30 countries. Metsäliitto Cooperative is the parent company of Metsä Group and is owned by approximately 116,000 Finnish forest owners.

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