Change in Tieto’s Leadership Team

Tieto Corporation STOCK EXCHANGE RELEASE 20 March 2015 13.30 EET

Tieto is announcing changes in the Telecom, Media and Energy Industry Group. Kolbjørn Haarr, Executive Vice President, Head of Telecom, Media and Energy and New Markets, has decided to pursue opportunities outside Tieto. 

In addition to his current role, Lasse Heinonen, Executive Vice President, CFO, will be acting Head of Telecom, Media and Energy as well as New Markets. New Markets comprises go-to-market activities outside the company’s core markets Finland, Sweden and Norway. These changes will take effect as of today 20 March 2015.

“I want to thank Kolbjørn for his contribution during the years with Tieto. In his latest position, he has well managed both the challenging Telecom, Media and Energy (TME) Industry Group as well as the optimization of our New Markets businesses. Thanks to Kolbjørn’s leadership the TME business is being reshaped and is gradually starting to stabilize – with the longer-term ambition for growth. I wish him the best of luck in his future endeavors”, says Kimmo Alkio, President and CEO.

Further information for investors:
Tanja Lounevirta, Head of Investor Relations, +358 50 321 7510, tanja.lounevirta (at) tieto.com

Further information for media:
Kia Haring, Head of External Communications, Tieto Corporation, tel. +358 40 765 3700, kia.haring(at)tieto.com

TIETO CORPORATION

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Tieto is the largest IT services company in the Nordics providing full lifecycle IT services. We also provide global product development services for companies in the communications and embedded technologies arena. Through industry insight, technology vision, and innovative thinking, Tieto proactively strives to inspire and engage our customers in finding new ways of accelerating their business.

Building on a strong Nordic heritage, Tieto combines global capabilities with local presence. Headquartered in Helsinki, Finland, Tieto has over 13 000 experts in more than 20 countries. Turnover is approximately EUR 1.5 billion. Tieto’s shares are listed on NASDAQ in Helsinki and Stockholm. www.tieto.com