Componenta - Changes board/management/auditors

Componenta renew its organization and strengthens One Componenta approach

Componenta Corporation Stock Exchange Release 14 January 2010 at 15.00

Componenta develops its way to operate and strengthens One Componenta approach
according to its strategic goal to become the leading European cast component
supplier. To secure effective supply chains serving customers through
specialized business units and logistic centers Componenta business management
including business units will be reorganized. The Group's customer business
areas are also divided into segments and dedicated sales management,
engineering and product development resources have been appointed in them. 

The Componenta business operations will be organized into four operational
areas, Finland, Sweden, Holland and Turkey, which are led by Senior Vice
Presidents. Operational development functions and processes, Supply chain
management, development of foundry and machine shops technology, purchasing and
internal sourcing, strengthen the operational areas and Operations management
and add value to the customers. 

The following appointments have been made in the management and in the
development of the foundry and machine shop operations. 

Yrjö Julin has been appointed Chief Operating Officer and the member of
Componenta Executive Team, being responsible for Operations management at
Componenta. He reports to Heikki Lehtonen, President and CEO of Componenta,
acting also as a deputy for CEO. 

Olli Karhunen has been appointed Senior Vice President, Operations, Finland,
Hakan Göral has been appointed Senior Vice President, Operations, Turkey,
Michael Sjöberg has been appointed Senior Vice President, Operations, Sweden
and Patrick Steensels has been appointed Senior Vice President, Operations, the
Netherlands. The senior vice presidents have a business responsibility of
operations in respective country and they report to Yrjö Julin. 

Michael Sjöberg is also responsible for Supply chain management in Componenta.
Tapio Rantala has been appointed Vice President, Foundry technology
development. He acts also as Business Unit Director, Pietarsaari foundry. Juha
Alhonoja has been appointed Vice President, Machining technology development.
He continues also in his position of Business Unit Director, Främmestad machine
shop. Henk Klever has been appointed as Vice President, Purchasing. Lütfi Erten
has been appointed Vice President, Internal sourcing. All Vice Presidents in
Operations development report to Yrjö Julin. 

The above mentioned changes will be valid as from 1 February 2010.

As from February 2010 the Corporate Executive Team (CET) of Componenta
Corporation comprises the following members: President and CEO Heikki Lehtonen,
COO Yrjö Julin, Hakan Göral, SVP, Operations Turkey, CFO Mika Hassinen, Anu
Mankki, SVP, HR and Communication Director Pirjo Aarniovuori, as a Secretary.
CET supports the President and CEO in executing the corporate strategy, by
following the business development, initiating the actions and defining
operative principles and methods. 

The Extended Corporate Executive Team, focusing on development and deployment
of corporate strategy, consists of above mentioned CET members, Senior Vice
Presidents of Operations, Vice Presidents of Operations, Senior Vice Presidents
of Sales and  Engineering Director. 

Enhanced way to operate in sales and product development

Componenta will enhance the management of customer interface through advanced
customer segmentation by formulating business segments and dedicating sales
management and product development resources to customers in construction and
mining, agriculture, machine building, wind power, heavy trucks and automotive.
The enhanced customer focus will allow us to be more customer and market aware,
and serve the customers in more dedicated manner. 

The following appointments have been made in sales management and engineering. 

Antti Lehto has been appointed Vice President, Sales and Product Development,
Off-road and Central Europe. Lauri Eklin has been appointed Vice President,
Sales and Product Development, Power and Nordic. 
Jari Leino has been appointed Vice President, Sales and Product Development,
Heavy trucks. Hakan Göral, Senior Vice President, Operations Turkey is in
charge of sales and product development in Turkey. All mentioned report to
President and CEO Heikki Lehtonen. 

Hein Strijbos has been appointed Engineering Director to lead the development
of engineering way to operate and capabilities development through which we
ensure the One Componenta interface to customers, management and coordination
of engineering projects and development of engineering resources.  Hein
Strijbos reports to President and CEO Heikki Lehtonen. 


Helsinki, 14 January 2010  

COMPONENTA CORPORATION

Heikki Lehtonen
President and CEO





Further information:

Heikki Lehtonen
President and CEO
tel. +358 10 403 00



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 681 million in 2008. The Group employs approx.
3,800 people. Componenta's shares are quoted on the NASDAQ OMX Helsinki.
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. 
Componenta  Corporation 
Panuntie 4,
FI-00610 Helsinki , Finland
Tel. +358 10 403 00, Fax +358 10 403 2721
www.componenta.com

Attachments:

release_14012010.pdf