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2011-01-14 08:00:00 CET 2011-01-14 08:00:50 CET REGULATED INFORMATION Citycon Oyj - Changes board/management/auditorsMichael Schönach Appointed Citycon's Head of Finnish Operations and Member of the Corporate Management CommitteeCITYCON OYJ Stock Exchange Release 14 January 2011 at 9:00 hrs Michael Schönach, M.Sc. (Econ.), MBA, (b. 1975) has been appointed Citycon Oyj's Executive Vice President, Finnish Operations and member of the Corporate Management Committee. Schönach is Austrian citizen, but was born and has studied in Finland. He will take up his position on 1 March 2011. Harri Holmström, Vice President of Citycon's Baltic Operations will continue as acting VP of Finnish Operations until then. Michael Schönach will join Citycon from the position of CEO of Catella Property Oy and Catella Corporate Finance Oy. Prior to that he held various positions at Deutsche Bank AG, with responsibility for, among others, real estate related investment banking advisory in the Nordic countries, Russia and CIS, Poland and the Baltic countries. Further, Schönach has several years of experience from working on the financial market at J.P. Morgan in London."Citycon has a portfolio of strong shopping centres that can be further developed together with the tenants and other stakeholders. The company has excellent possibilities to continue its profitable growth and I am very excited about the opportunity to develop Citycon's business operations in Finland", says Michael Schönach. Helsinki, 14 January 2011 CITYCON OYJ Petri Olkinuora CEO For further information, please contact: Eero Sihvonen, Executive VP, CFO Tel. +358 20 766 4459 or mobile +358 50 557 9137 eero.sihvonen@citycon.fi Distribution: NASDAQ OMX Helsinki Major media www.citycon.com [HUG#1479651] |
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