TECNOTREE APPOINTS KAJ HAGROS AS PRESIDENT AND CEO AS OF NOVEMBER 1, 2010
Tecnotree Corporation STOCK EXCHANGE RELEASE
16 September 2010 at 08.30 am
TECNOTREE APPOINTS KAJ HAGROS AS PRESIDENT AND CEO AS OF NOVEMBER 1, 2010
The Board of Directors of Tecnotree has appointed Mr. Kaj Hagros as President
and CEO of the company as of November 1, 2010. The interim President and CEO Mr.
Eero Mertano will leave his position on October 31.
Prior to joining Tecnotree, Kaj Hagros served as Managing Director and Chief
Operating Officer at Fox Mobile Group, a wholly-owned division of News
Corporation (NASDAQ: NWS).
”Kaj Hagros brings in an unusually broad telecom IT expertise accumulated
through management positions in large organizations such as Nokia and News Corp,
as well as entrepreneurial growth companies. This coupled with his global
exposure and inspirational leadership makes the profile the board was looking
for. We are convinced Kaj has the skill set to further build Tecnotree as a core
IT solutions supplier for telecom operators and service providers across our key
markets in Europe, Africa, Middle-East, Latin America and Asia-Pacific”, says
Hannu Turunen, Chairman of the Board.
Hannu Turunen adds: "The whole Board of Directors joins me in thanking Eero
Mertano for his years at Tecnotree in various executive positions. He has been
deeply involved in developing the company and its operations. His dedication and
contribution throughout the years has been exceptional. The Board wishes him
every success in the future pursuits he has chosen."
Kaj Hagros comments on his appointment: ”I am excited about this opportunity and
will put my experience and energy in growing the business to the next level. The
role of the telecom operators has fundamentally changed during the past years,
and I see that Tecnotree is ideally positioned to help operators address new
opportunities in the converging world.”
Biography of Kaj Hagros
Kaj Hagros (39) has over 15 years of experience in the software and mobile
industries with management positions in sales, marketing, and operations in
Europe, US and Asia-Pacific. During last 9 months he has advised the Tecnotree
strategy process. Prior to joining Tecnotree, Kaj Hagros served as Managing
Director and Chief Operating Officer at Fox Mobile Group, a wholly-owned
division of News Corporation (NASDAQ: NWS). Earlier Hagros worked for 6 years
for First Hop, and continued with Airwide Solutions that acquired the company.
Kaj Hagros began his career at Nokia Networks, ending his 7-year-tenure as the
Head of Strategy and Business Development for Mobile Internet Applications.
Hagros has a M.Sc. (Eng) degree in at the Helsinki University of Technology and
the Trium MBA from the London School of Economics and Political Science, the
Paris HEC School of Management and from New York University's Leonard N. Stern
School of Business. Kaj Hagros is Finnish by nationality, and lives in Helsinki
with his wife and two children.
TECNOTREE CORPORATION
Board of Directors
FURTHER INFORMATION
Hannu Turunen, Chairman of the Board, tel. +358 40 7586615
DISTRIBUTION
NASDAQ OMX Helsinki Ltd.
Main media
www.tecnotree.com
About Tecnotree
Tecnotree, founded in 1978, is one of the leading suppliers of Business and
Operations Support Systems (BSS/OSS) and Value Added Services (VAS) for telecom
operators worldwide. Tecnotree markets and sells its products and services
through its own organisation, as well as through global and local partners, and
has supplied its products to more than 120 customers around the world.
Headquartered in Espoo, Finland, Tecnotree has about 800 employees working in 15
locations worldwide. The company is listed on the main list of NASDAQ OMX
Helsinki Ltd with the trading code TEM1V. For more information on Tecnotree
visit www.tecnotree.com
