2014-08-19 07:00:00 CEST

2014-08-19 07:00:35 CEST


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Pöyry - Company Announcement

Pöyry PLC : Pöyry further streamlines its business operations and introduces changes to its Group Executive Committee


Pöyry further streamlines its business operations and introduces changes to its
Group Executive Committee

PÖYRY PLC          Company Announcement 19 August 2014 at 08:00 am

Pöyry continues to streamline its business operations and adjusts its management
structure with a view to improving efficiency.

Alexis Fries, President and CEO will act as Chairman of Pöyry's Regional
Operations.

Marcelo Cordaro, 51, BSc, MSc and DSc in Electrical Engineering, currently
President of Pöyry's operations in Brazil is additionally appointed as President
Regional Operations Latin America and member of the Group Executive Committee
reporting to the President and CEO. Marcelo Cordaro joined the Pöyry Group in
2008. Before that he was the Marketing and Supply Chain Director at Braskem S.A.
(2005-2008) and held several positions as a management consultant for Booz Allen
Hamilton (2004-2005) and McKinsey & Company (1996-2004).

Nicholas Oksanen, 47, MSc in Engineering (Paper Technology and Economics),
currently President of Pöyry's Pulp and Paper Business Unit is additionally
appointed as President Industry Business Group and member of the Group Executive
Committee reporting to the President and CEO. Nicholas Oksanen joined the Pöyry
Group in 1993 and has held several management positions in the Industry Business
Group.

Richard Pinnock, currently Executive Vice President Group Strategic Growth is
appointed Executive Vice President Global Sales and Project Management with the
responsibility for strengthening the Group's global sales and project
management. He will also continue to develop the Group's Large Projects
Competence Centre. The Project Management Services Business Unit, currently part
of the Industry Business Group, will be integrated under the Global Sales and
Project Management Function. Richard Pinnock continues as a member of the Group
Executive Committee reporting to the President and CEO.

Pasi Tolppanen, President Regional Operations Northern Europe, President of
Pöyry's operations in Finland and member of the Group Executive Committee, and
Marcelo Cordaro are both appointed as Vice Chairmen Regional Operations
supporting the President and CEO in promoting the regional business model,
successfully implemented in Northern Europe, to other Key Countries of Pöyry.

The Regional Operations Alpine Arc and Central Europe will be combined into one
region, Central Europe, which includes three of Pöyry's Key Countries:  Germany,
Switzerland and Austria. The respective Country Presidents will report directly
to Alexis Fries, President and CEO and Chairman Regional Operations.

The Mining and Metals Business Unit, currently part of the Industry Business
Group, will be integrated into the Regional Operations Northern Europe.

The Regional Operations Asia Pacific comprising of local operations in China and
Thailand will be integrated into the Energy Business Group.

The changes will be effective immediately.

Martin Bachmann, Chairman Regional Operations and President Regional Operations
Alpine Arc and Asia-Pacific, and Martin Kuzaj, President Regional Operations
Central Europe, President Regional Operations Latin America and President
Industry Business Group will leave the Pöyry Group. We would like to thank them
both for their valuable contributions to the Pöyry Group and wish them all the
best for the future.

Additional information:
Alexis Fries, President & CEO, Pöyry PLC
Tel. +41 44 355 5525

Pöyry is an international consulting and engineering company. We serve clients
globally across the energy and industrial sectors and locally in our core
markets. We deliver strategic advisory and engineering services, underpinned by
strong project implementation capability and expertise. Our focus sectors are
power generation, transmission & distribution, forest industry, chemicals &
biorefining, mining & metals, transportation and water. Pöyry has an extensive
local office network employing about 6,000 experts. Pöyry's net sales in 2013
were EUR 650 million and the company's shares are quoted on NASDAQ OMX Helsinki
(Pöyry PLC: POY1V).

DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Main Media
www.poyry.com



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