Componenta - Changes board/management/auditors

Changes in Componenta’s Executive Management Team – Sweden business area to be divided into two separate businesses

Componenta Corporation Stock Exchange Release 22.8.2016 at 9.30

Componenta’s Sweden business area will be divided into two separate business,
the Främmestad machine shop business and the Wirsbo forge business. As part of
the change, the following appointments have been made. 

Fredric Lindahl, 45, has been appointed Managing Director of Componenta
Främmestad AB and a member of the Corporate Executive Team. He will start in
his position on 22 August, 2016. Previously he has worked as Key Account
Manager at Componenta. 

Mikael Schill, 38, has been appointed Managing Director of Componenta Wirsbo AB
and Componenta Arvika AB and a member of the Corporate Executive Team. He will
start in his position on 22 August, 2016. Previously, he has worked as Business
Unit Controller, Componenta Wirsbo AB and Componenta Arvika AB. 

They both report to CEO and President Harri Suutari.

“Dividing the Sweden business area proved to be advisable as these are two
separate business units without any joint activities. Also, the measure will
increase the top management focus on development of these business units and
make the management structure leaner,” says CEO and President Harri Suutari. 

Juha Alhonoja, SVP, Sweden business area, has decided to pursue his career
outside Componenta Group. 



Helsinki, 22 August 2016

COMPONENTA CORPORATION



Harri Suutari

President and CEO



For further information, please contact:

Harri Suutari
President and CEO
tel. +358 400 384 937



Componenta is a metal sector company with international operations and
production plants located in Finland, Turkey, the Netherlands and Sweden. The
net sales of Componenta were EUR 495 million in 2015 and its share is listed on
Nasdaq Helsinki. The Group employs approx. 4,250 people. Componenta specializes
in supplying cast and machined components and total solutions made of them to
its global customers, who are manufacturers of vehicles, machines and
equipment.