Timo Karppinen appointed as Ponsse Plc's Executive Director, Corporate Development and Strategy
PONSSE PLC STOCK EXCHANGE RELEASE 18 OCTOBER 2010 AT 11:00 A.M.
Timo Karppinen appointed as Ponsse Plc's Executive Director, Corporate
Development and Strategy
Timo Karppinen (46), (M.Soc.Sc.), has been appointed as Ponsse Plc's Executive
Director, Corporate Development and Strategy as of 1 January 2011.
The area of responsibility of the Executive Director, Corporate Development and
Strategy is the development of the supervision and reporting of the Ponsse
Group, the development of management processes and the development of the
company's cost structure and purchasing operations together with the operational
management. Timo Karppinen will act in the company's strategy working group and
participate in the activities of Ponsse's Board of Directors as an expert
member. Timo Karppinen will report the Chairman of Ponsse Plc's Board of
Directors. Karppinen will be located in Vieremä.
Timo Karppinen transfers to the position of Ponsse Plc's Executive Director,
Corporate Development and Strategy from the service of Nokia Corporation, where
he has worked in various financial management positions both in Finland and
abroad for more than 20 years. His most recent areas of responsibility were the
Head of Finance, Nokia North America in 2008-2010, Head of Finance, Nokia Asia
2005-2008 and Head of Finance, Nokia China 2000-2005.
From the perspective of the growth and further development of Ponsse Plc Timo
Karppinen's solid experience will play an important role in the management and
development of the company's extensive international operations.
Vieremä, 18 October 2010
PONSSE PLC
Einari Vidgrén
Chairman of the Board
FURTHER INFORMATION
Juho Nummela, President and CEO, Ponsse Plc, tel. +358 400 495 690
DISTRIBUTION
Nasdaq OMX Helsinki Ltd
Principal media
www.ponsse.com