Pekka Kuusniemi to start as Raisio’s President and CEO on 1 November 2017

Raisio plc, Stock Exchange Release, 30 October 2017, at 8:30 a.m. Finnish time

PEKKA KUUSNIEMI TO START AS RAISIO’S PRESIDENT AND CEO ON 1 NOVEMBER 2017

Raisio’s Board of Directors appointed Pekka Kuusniemi as President and CEO of the Group in June 2017 and he will assume his duties on 1 November 2017. Pekka Kuusniemi will join Raisio from the Oras Group where he served as President and CEO.

Pekka Kuusniemi says that his key tasks will be to promote profitable growth in line with the Group's strategy in Finland and abroad, and to increase shareholder value. “I look forward to working at Raisio. I think the company has significant growth potential with its skilled professionals, strong balance sheet, well-known brands and ability to develop products meeting consumer trends.” Pekka Kuusniemi brings his international experience in leadership and in the development of business and brands to the company.

Jarmo Puputti, interim CEO from the beginning of January 2017, will end his employment at Raisio at the end of October 2017. “Pekka Kuusniemi will start at a good company that has the potential to grow into an internationally significant brand company. I want to thank all Raisio employees as well as our partners for good cooperation.”

Raisio’s Board of Directors would like to express their appreciation to Jarmo Puputti for his excellent work as Raisio’s interim CEO. “Under his leadership, Raisio renewed its strategy and continued with its focus on the company's core operations. We wish Jarmo all the best in his future endeavours.”

RAISIO PLC

Heidi Hirvonen
Communications and IR Manager 
Tel. +358 50 567 3060

Raisio plc

Raisio is an international food and feed company focusing on wellbeing and profitable growth. The core of Raisio’s strategy consists of plant-based, healthy and responsible branded products. Benecol is an international success story in cholesterol lowering. Our well-known local brands include Elovena, Nordic, Fox’s and Pedro as well as cattle feed Maituri and Baltic Blend fish feeds. We promote sustainable food chain and develop innovations to enhance wellbeing. Raisio plc’s shares are listed on Nasdaq Helsinki Ltd. In 2016, the Group's net sales totalled EUR 436 million and comparable EBIT was EUR 50.7 million. The Group employs some 1,400 people. For more information on Raisio go to www.raisio.com/en

Distribution
Nasdaq
Key media
www.raisio.com