Press Release: Antti Vasara new President & CEO of VTT Ltd

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The board of VTT Technical Research Centre of Finland Ltd has chosen D.Tech Antti Vasara as its new President & CEO from 1 November 2015.

Antti Vasara (49 years) is currently on the leadership team of Tieto Corporation, as Executive Vice President, Product Development Services.  Before Tieto Corporation he has worked for Nokia in several roles such as Senior Vice President Nokia Eseries Business Unit, SVP Product Development and Vice President Corporate Strategy. Before he was CEO of a software firm and has been a management consultant at McKinsey & Company. In addition to several management positions in Finland and internationally, he has long experience of serving on Boards of Directors of both listed and unlisted companies.

Aaro Cantell, the Chairman of VTT's Board of Directors, gave the following comments on the recruitment: "We are delighted with our selection. Antti has long and varied experience of P&L responsibilities in Finnish and international companies. He is familiar with building and leading customer-oriented businesses with the help of skilled experts, and understands the opportunities provided by technology in creating new commercial value. We believe that that under his leadership, VTT will be developed into a more agile and customer-oriented partner of domestic and international companies and to become a more prominent catalyst in Finland's technology sector."

"VTT is a highly regarded institution that has been building Finnish well-being for over 70 years. It is a great honour to be continuing this work alongside VTT's experienced technology-sector specialists. I want to be involved in raising the level, appreciation and impact of research, development and innovation abroad and in Finnish society. Achieving economic growth by developing and bringing together world-class expertise in new ways is a major challenge in times like these, but I think that, in Finland, VTT is exceptionally well equipped to perform that," says Antti Vasara.

For more information, please contact:

Aaro Cantell, Chairman of the Board, tel. +358 400 706072
Antti Vasara, forthcoming President & CEO, tel.
+358 40 556 5776

Photo: Antti Vasara

Further information on VTT:

Olli Ernvall
Senior Vice President, Communications
358 20 722 6747
olli.ernvall@vtt.fi
www.vtt.fi

VTT Technical Research Centre of Finland Ltd is the leading research and technology company in the Nordic countries. We use our research and knowledge to provide expert services for our domestic and international customers and partners, and for both private and public sectors.  We use 4,000,000 hours of brainpower a year to develop new technological solutions.

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