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2011-09-30 11:30:00 CEST 2011-09-30 11:30:45 CEST REGULATED INFORMATION Rautaruukki - Company AnnouncementRautaruukki to enlarge its Corporate Executive BoardRautaruukki Corporation Stock exchange release 30 September 2011 at 12.30 EEST Ruukki is to enlarge its Corporate Executive Board to speed up and improve the effectiveness of management decision-making and the implementation of decisions to strengthen its market position. The business environment is changing increasingly faster and it is important to improve the company's capability to react by effectively combining experience and expertise in different parts of the business. The present members of the Corporate Executive Board - Sakari Tamminen, President & CEO and Chairman of the Executive Board; Markku Honkasalo, CFO; Olavi Huhtala, EVP, Ruukki Metals; Tommi Matomäki, EVP, Ruukki Construction and Marko Somerma, EVP, Ruukki Engineering - will remain on the Board after 1 October 2011. Effective from 1 October 2011, Somerma will also assume responsibility for corporate strategic planning. Mikko Hietanen, EVP, Business Development, will assume responsibility for risk management and for business development projects as of 1 October 2011 and report to President & CEO Sakari Tamminen. The Corporate Executive Board will be enlarged with four new members: Eija Hakakari MSc (Educ), 50, serves as SVP, Human Resources. She joined Ruukki in 2008 and has a strong track record in organisational development, HR development and HR management in an international business environment. Toni Hemminki MSc (Tech), 36, is SVP, Technology, Energy and Environment at Ruukki and joined the company in 2001. A distinguished international expert in his field, his ability has been widely used also outside Ruukki. Taina Kyllönen MSc (Econ), 44, is SVP, Marketing and Communications as of 1 October 2011. She has in-depth expertise in international marketing, brand- building, communications and investor relations. Kyllönen joined Ruukki as VP, Corporate Communications in 2004 and has served as SVP, Marketing at Ruukki since 2007. Ismo Platan BSc (IT), 57, is SVP, Supply Chain Management, IT and Operational Excellence (OPEX). He joined Ruukki in 2003 and is a long-line expert in IT and international operational process development. The Corporate Executive Board consists of the following members as of 1 October 2011: Sakari Tamminen, President & CEO and Chairman of the Corporate Executive Board Markku Honkasalo, CFO Tommi Matomäki, EVP, Ruukki Construction Marko Somerma, EVP, Ruukki Engineering and CSO Olavi Huhtala, EVP, Ruukki Metals Eija Hakakari, SVP, Human Resources Toni Hemminki, SVP, Technology, Energy and Environment Taina Kyllönen, SVP, Marketing and Communications Ismo Platan, SVP, Supply Chain Management, IT and OPEX Olli Huuskonen LLM, 50, SVP, General Counsel, acts as secretary to the Corporate Executive Board and, effective from 1 November 2011, as secretary to the Board of Directors. The new Corporate Executive Board replaces the existing Corporate Executive Board and Extended Executive Board. Photos of members of the Corporate Executive Board can be found in the image bank on our website. For further information, please contact: Sakari Tamminen, President & CEO, tel. +358 20 592 9075 Rautaruukki Corporation Atte Kaksonen External Communications Manager Rautaruukki supplies metal-based components, systems and integrated systems to the construction and engineering industries. The company has a wide selection of metal products and services. Rautaruukki has operations in 27 countries and employs 11,700 people. Net sales in 2010 totalled EUR 2.4 billion. The company's share is quoted on NASDAQ OMX Helsinki (Rautaruukki Oyj: RTRKS). The Corporation uses the marketing name Ruukki. DISTRIBUTION: NASDAQ OMX Helsinki Main media www.ruukki.com [HUG#1551135] |
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