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2010-07-05 08:00:00 CEST 2010-07-05 08:00:02 CEST REGLERAD INFORMATION Marimekko - Changes board/management/auditorsCHANGES IN MARIMEKKO'S MANAGEMENTMarimekko Corporation STOCK EXCHANGE RELEASE 5 July 2010 at 9 a.m. CHANGES IN MARIMEKKO'S MANAGEMENT Piia Rossi, Director for Marimekko's own retail stores in Finland and member of the Management Group, has announced her resignation from the company as of 16 August 2010. Päivi Lonka, currently Director of international sales and own stores aboard, has been appointed Sales Director and will assume responsibility of all Marimekko Corporation's wholesale and retail sales operations as of 16 August 2010. Marimekko has previously announced that as of 1 July 2010 all product lines will have one Creative Director, and as of 1 November 2010, all product lines will be managed by one Product Director. Now responsibility of all wholesale and retail sales operations will be assumed by one Sales Director. With these measures, the company aims at a more consolidated and functioning structure in order to support stronger growth. From 16 August 2010, Marimekko Group's Management Group will be composed of Mika Ihamuotila as Chairman, with members Thomas Ekström (finance and administration), Malin Groop (marketing), Minna Kemell-Kutvonen (design), Päivi Lonka (sales), Niina Nenonen (clothing, bags and accessories) and Helinä Uotila (production, purchases and interior decoration). MARIMEKKO CORPORATION Group Communications Piia Pakarinen Tel. +358 9 758 7293 Fax +358 9 755 3051 E-mail: piia.pakarinen@marimekko.fi DISTRIBUTION: NASDAQ OMX Helsinki Ltd Principal media Marimekko's web site: www.marimekko.com Marimekko, established in 1951, is a leading Finnish textile and clothing design company renowned for its original prints and colours. The company designs and manufactures high-quality clothing, interior decoration textiles, bags and other accessories. Marimekko products are sold in about 40 countries. Products with Marimekko designs are also manufactured under licence in various countries. In 2009, the company's net sales amounted to EUR 72.5 million, of which international sales accounted for 27.3%. The Group employs about 370 people. The company's share is quoted on NASDAQ OMX Helsinki Ltd. |
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