Lassila & Tikanoja - Changes board/management/auditors

Changes in Lassila & Tikanoja’s management

Helsinki, Finland, 2012-09-07 07:05 CEST (GLOBE NEWSWIRE) -- 

Lassila & Tikanoja plc   Stock exchange release   7 September 2012 at 8.05 a.m.


Lassila & Tikanoja will reorganise its business divisions and reporting
segments to support the shift in core business focus and priorities. From 1
January 2013, L&T's reporting segments are Environmental Services, Industrial
Services, Facility Services, and Renewable Energy Sources. The Renewable Energy
Sources division reports to the Vice President of Industrial Services. With the
change in the divisional structure, the Group Executive Board has been changed
as follows: 

Petri Salermo (QBA) has been appointed Vice President, Environmental Services,
effective from 1 January 2013. Mr. Salermo (born 1970) has served in a number
of executive positions in the Environmental Services division since 2004. He is
currently responsible for the division's business operations in southern
Finland. Pekka Ojanpää, President and CEO, will continue as the acting Vice
President, Environmental Services, in addition to performing his own duties,
until the end of 2012. 

Ville Rantala (M.Sc. Econ.) has been appointed Vice President, Industrial
Services from 1 January 2013. Mr. Rantala (born 1971) is currently L&T's Chief
Financial Officer and Vice President, Renewable Energy Sources. A new CFO will
be appointed later. 

Petri Myllyniemi (M.Sc. Econ.; B.Sc. Eng.) has been appointed Vice President,
Facility Services, effective from 7 January 2013. Mr. Myllyniemi (born 1964)
joins L&T from ISS Palvelut Oy, where he served as the director of the Uusimaa
region customer accounts business unit. 

All three Vice Presidents report to President and CEO Pekka Ojanpää.

Other members of the Group Executive Board are Antti Tervo, Chief Procurement
Officer; Tuomas Mäkipeska, Business Development Director; and Kirsi Matero, HR
Director. 

For the time being, Juha Simola and Henri Turunen will continue to act as the
Vice Presidents of the current Property Maintenance and Cleaning and Office
Support Services divisions and as members of the Group Executive Board. 


LASSILA & TIKANOJA PLC

Pekka Ojanpää
President and CEO


For more information, please contact Pekka Ojanpää, President and CEO, tel.
+358 10 636 2810. 


Lassila & Tikanoja specialises in environmental management and facility and
plant support services. L&T employs 10,000 persons, with operations in Finland,
Sweden, Latvia and Russia. Net sales in 2011 amounted to EUR 652 million. L&T
is listed on NASDAQ OMX Helsinki. 

Distribution:
NASDAQ OMX Helsinki
Major media
www.lassila-tikanoja.com