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2007-12-17 07:30:00 CET 2007-12-17 08:29:31 CET REGULATED INFORMATION TietoEnator Oyj - Changes board/management/auditorsTietoEnator appoints Hannu Syrjälä as President and CEOTietoEnator's Board of Directors has appointed Hannu Syrjälä as the Group's new President and CEO. Mr Syrjälä will start in his new position by 15 February 2008 and his office will be located in Finland. Åke Plyhm, who has worked as interim CEO since 16 October, will resume his previous position as the Deputy CEO. Hannu Syrjälä (41 years old) was born in Kangasniemi, Finland, and holds an M. Sc. degree in Economics. He will join TietoEnator from General Electric Company in the USA where he has held the position of Vice President and General Manager, GE Healthcare Life Support Solutions since 2003. In the past ten years, Mr. Syrjälä has held different senior executive positions in Instrumentarium and General Electric Company. During his career in these companies, he has worked in treasury and investor relations positions as well as in global sales and marketing management. Mr. Syrjälä also has profound experience of mergers and acquisitions and a sound track record in managing turnarounds and restructuring of businesses."TietoEnator's Board's decision to choose Hannu Syrjälä as the CEO is based on an extensive review of potential candidates. In the selection process we placed special emphasis on the person's leadership capabilities, international experience, as well as ambition and enthusiasm to take up new challenges. Mr. Syrjälä fulfils this criterion perfectly with his experience in different functions, markets and cultures. I am confident that under Mr. Syrjälä's leadership TietoEnator will be able to achieve its ambitious growth and profitability targets," says Matti Lehti."Developing the quality of TietoEnator's services as well as the competencies of our employees are essential in ensuring state of the art customer service"."I am extremely thrilled about returning to Europe and taking over the position of CEO in TietoEnator. TietoEnator is a dynamic, modern company, and one of the largest IT service providers in Europe. The Company has built an excellent position in its main market segments and has a strong customer focused culture with deep expertise in high value added IT services. TietoEnator has not recently been able to meet its financial targets and needs to return to profitable growth. The company is currently re-assessing its short-term priorities and focus on strengthening its growth platforms. I want TietoEnator to be the best partner for its customers in managing their digital information needs. For our employees, we want to be a company of their choice," says Hannu Syrjälä. The curriculum vitae of Hannu Syrjälä can be found on TietoEnator's website at www.tietoenator.com/appointments. For further information: Matti Lehti, Chairman of the Board of Directors, TietoEnator, tel. +358 400 816 405 Hannu Syrjälä, tel. +1 608 628 8935 Reeta Kaukiainen, EVP, Communications and Investor Relations, tel. +358 9 8626 3276, +358 50 522 0924 International conference call at 2.00 pm (EET) An international conference call in English will be held today, 17 December starting at 2.00 pm EET (1.00 pm CET, 12.00 pm UK time). Conference call will also be available as live audio webcast on www.tietoenator.com/presentations. The call will be hosted by Chairman of the Board of Directors Matti Lehti and TietoEnator's new President and CEO Hannu Syrjälä. Callers may access the conference directly at the following telephone numbers: US callers: +1 866 966 5335, non-US callers: +44 20 3023 4402, no code. Lines to be reserved ten minutes before start of conference call. An on-demand audiocast of the conference will also be published at www.tietoenator.com later during the same day. A replay will be available until 24 December 2007 in the following numbers: US callers: +1 866 583 1035, non-US callers: +44 20 8196 1998, access code: 141 833#. Press conference in Helsinki, Finland A press conference (in Finnish) will be held today 17 December at 11.00 am EET at Radisson SAS Royal Hotel, cabinet Iceland (address: Runeberginkatu 2, Helsinki). After the conference Mr. Lehti and Mr. Syrjälä will be available for media interviews. TIETOENATOR CORPORATION DISTRIBUTION Helsinki Stock Exchange Stockholmsbörsen Principal Media TietoEnator is among the leading architects in building a more efficient information society and one of the largest IT services providers in Europe. TietoEnator specializes in consulting, developing and hosting its customers' business operations in the digital economy. The Group's services are based on a combination of deep industry-specific expertise and the latest information technology. TietoEnator has about 16 000 experts in close to 30 countries. www.tietoenator.com |
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