Changes in Raute Group's Executive Board
RAUTE CORPORATION STOCK EXCHANGE RELEASE DECEMBER 19, 2022 at 9:30 a.m.
CHANGES IN RAUTE GROUP’S EXECUTIVE BOARD
Raute Corporation’s Executive Vice President, Human Resources, Mr. Marko Hjelt will leave his position by mutual agreement with the company. He will step down from the position immediately and will leave the company by the end of this year.
Related to the earlier announced organization structure effective 1 January 2023, the company has initiated a search process for a Chief People Officer. Ms. Mia Könnilä has been appointed Raute Corporation’s interim Chief People Officer and Member of the Executive Board as of 19 December 2022. Ms. Mia Könnilä has been working with Raute since 2021 and is currently heading Raute Finland HR function.
“I want to thank Marko for the commitment and work in the Executive Board and the company over the past years and wish him best of success in the future. I warmly welcome Mia to join the Executive Board in her interim role”, says Mika Saariaho.
RAUTE CORPORATION
Mika Saariaho
President and CEO
FURTHER INFORMATION:
Mika Saariaho, President and CEO, tel. +358 40 154 9393
DISTRIBUTION:
Nasdaq Helsinki Ltd, main media, www.raute.com
RAUTE IN BRIEF:
Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood, LVL (Laminated Veneer Lumber) and sawn timber. Its technology offering covers the entire production process for veneer, plywood and LVL and special measurement equipment for sawn timber. As a supplier of mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in Lahti, Finland. The company’s other production plants are located in Kajaani, Finland, the Vancouver area of Canada, in Changzhou, China and in Pullman, Washington, USA. Raute’s net sales in 2021 were EUR 142.2 million. The Group’s headcount at the end of 2021 was 802. More information about the company can be found at www.raute.com.