Changes to the Board of Directors of Aspo Leipurin Ltd
ASPO PlcÂ Â Â Â Â Â Â Â Â Â Â Â STOCK EXCHANGE RELEASE Â Â Â Â January 22, 2014, at 13:00.
The Board of Directors of Leipurin Ltd, a company owned by Aspo, has been
reinforced through the appointment of three specialist members outside the
Jukka Havia (45), M.Sc. (Econ.); Kaisa Poutanen (59), D.Sc. (Tech.); and Matti
Tikkakoski (60), M.Sc. (Econ.) have been appointed to the Board as new members.
Aki Ojanen (52), eMBA, CEO of Aspo Group, will continue as Chairman of the
Board, with Matti Lappalainen (65), M.Sc. (Econ.) continuing as a member. The
new Board of Directors will start operating from February 1, 2014.
Since 2010, Jukka Havia has worked as the Chief Financial Officer at Tikkurila
Oyj. Previously, he worked as the deputy CEO and Chief Financial Officer at
Ruukki Group Oyj.
Kaisa Poutanen is an expert in food and nutrition sciences who has specialized
in grain technology and the health impact of grain products. Currently, she is
working as an academy professor at VTT Technical Research Centre of Finland and
the University of Eastern Finland.
Matti Tikkakoski has worked in international positions of leadership at
HuhtamÃ¤ki Oyj and as the CEO of Atria Plc from 2006 to 2010. Currently, he is
Chairman of the Board of Altia Plc.
Aki Ojanen, who continues as Chairman of the Board, is the CEO of Aspo Group and
acts as Chairman of the Boards of all Aspo's Group companies. In addition, he is
a member of the Board of Directors of 3StepIT Group Oy and SGN Group Oy.
Matti Lappalainen will continue as a member of the Board of Leipurin Ltd. He has
previously worked as the Group CEO of Vaasan & Vaasan Oy and Chairman of the
Board of Apetit Plc.
Paul Taimitarha (55), a previous member of the Board, was appointed as the CEO
of Leipurin Ltd in August 2013. He has previously worked as the CEO of Fazer
Bakeries and Fazer Amica.
"Outside specialists play an important part in the management system of the
conglomerate Aspo in supporting operational growth and development in the Boards
of each business function. Expertise in the food and bakery industry is
represented in the Board of Leipurin Ltd by Matti Lappalainen and Kaisa
Poutanen, whereas Jukka Havia and Matti Tikkakoski represent competence in
international business development and financial administration in a listed
company and expertise in trading in Russia.
As we stated in November 2013, Aspo is reviewing the preconditions for listing
Leipurin Ltd as a separate company on the Helsinki Stock Exchange's main list.
As part of this review and preparation process, it is natural to significantly
reinforce the Board of Directors of Leipurin Ltd," says Aki Ojanen.
Aki Ojanen, CEO of Aspo Plc and Chairman of the Board of Leipurin Ltd, phone
+358 9 5211 or +358 400 106 592, email@example.com.
NASDAQ OMX Helsinki
Aspo is a conglomerate that owns and develops business operations in the
Northern Europe and growth markets focusing on demanding B-to-B customers. Our
strong company brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - aim
to be the market leaders in their sectors. They are responsible for their own
operations, customer relationships, and the development of these. Together they
generate Aspo's goodwill. Aspo's Group structure and business operations are
continually developed without any predefined schedules. www.aspo.com
Leipurin serves the bakery industry and other food industry by providing product
development services, raw materials needed for baking, and equipment from
individual machines to full-scale baking lines. Leipurin operates in Finland,
Russia, the Baltic countries, Poland, Ukraine, Belarus, and Kazakhstan. In
Russia, its operations cover all geographic areas. In its procurement
operations, Leipurin operates both internationally and by developing local
procurement. In 2012, Leipurin's net sales were EUR 131 million.
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Source: Aspo Oyj via GlobeNewswire