Changes in Tikkurila Management Board
Tikkurila Oyj
Stock Exchange Release
December 2, 2011 at 2:30 p.m. (CET+1)
Tikkurila will change the composition of the Management Board of Tikkurila Group
as of January 1, 2012. The number of Management Board members will decline from
eight to five. From the beginning of next year, Tikkurila Management Board will
comprise of the following persons:
Erkki Järvinen, President and Chief Executive Officer, Chairman of Tikkurila
Management Board
Janno Paju, Chief Commercial Officer
Jukka Havia, Chief Financial Officer
Petri Miettinen, Group Vice President, Supply Chain Management and HSEQ
Kenneth Sundberg, Group Vice President, Research and Development
Antti Kiuru, Group's General Counsel, will continue as the secretary of
Tikkurila Management Board.
The changes in the Management Board composition will have no effect on
Tikkurila's external reporting structure.
Janno Paju will be responsible for the sales and marketing operations of
Tikkurila Group. Directors of geographical areas and Group Marketing will report
to him.
It has been agreed, that of the current Tikkurila Management Board members, Ilpo
Jousimaa, head of SBU Central Eastern Europe, will resign from Tikkurila as of
December 2, 2011. Arto Lehtinen, head of SBU Finland, will continue being
responsible for the sales and marketing operations in Finland.
These changes in the Management Board target to speed up decision-making and to
increase the efficiency of operations. On November 24, 2011, Tikkurila announced
that a group-wide program has been started aiming at more flexible organization
and cost structure, as well as at streamlining all operations.
Tikkurila Oyj
Erkki Järvinen
For further information, please contact:
Tikkurila Oyj
Erkki Järvinen, President and CEO
Mobile +358 400 455 913,erkki.jarvinen@tikkurila.com
Tikkurila provides consumers and professionals with user-friendly and
sustainable solutions for surface protection and decoration. Tikkurila wants to
be the leading paint company in the Nordic area as well as in Russia and other
selected Eastern European countries. - Tikkurila inspires you to color your
life.
www.tikkurilagroup.com