Lassila & Tikanoja - Changes board/management/auditors

Change in Lassila & Tikanoja's management

Helsinki, Finland, 2011-03-22 08:00 CET (GLOBE NEWSWIRE) -- Lassila & Tikanoja
plc   Stock exchange release   22 March 2011 9.00 am 


M.Sc. (Econ.) Ville Rantala has been appointed as Managing Director of L&T
Biowatti Oy and Vice President, Renewable Energy Sources division, as of 22
March 2011. Rantala will also continue as CFO of Lassila & Tikanoja plc. He
will report to Jari Sarjo, President and CEO. 

Tomi Salo, Managing Director of L&T Biowatti, will not continue in the company.

As of 22 March 2011, the members of the Group Executive Board are:

- Jari Sarjo, President and CEO
- Jorma Mikkonen, Vice President, Environmental Services
- Inkeri Puputti, HR Director
- Ville Rantala, CFO, Vice President, Renewable Energy Sources
- Juha Simola, Vice President, Property Maintenance
- Henri Turunen, Vice President, Cleaning and Office Support Services


LASSILA & TIKANOJA PLC

Jari Sarjo
President and CEO


For additional information, please contact Ville Rantala, CFO, tel. +358 50 385
1442. 

Lassila & Tikanoja specialises in environmental management and property and
plant support services and is a leading supplier of wood-based biofuels,
recovered fuels and recycled raw materials. With operations in Finland, Sweden,
Latvia and Russia, L&T employs 8,700 persons. Net sales in 2010 amounted to EUR
598 million. L&T is listed on NASDAQ OMX Helsinki. 

Distribution:
NASDAQ OMX Helsinki
Major media
www.lassila-tikanoja.com