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2011-10-04 10:00:00 CEST 2011-10-04 10:00:04 CEST REGULATED INFORMATION Nurminen Logistics Oyj - Changes board/management/auditorsChanges in Nurminen Logistics top management and organizationNurminen Logistics Plc Stock Exchange Release 4 October 2011 at 11 a.m. Nurminen Logistics reorganizes its operations in order to strengthen the support of implementation the company strategy. The management of the business operations is sharpened and developed by dividing the operations into business units. The reorganization also helps to clarify the responsibilities in the management of the company. The reorganization does not include any adjustment needs in personnel costs. As a part of reorganization a new Executive Board will be formed. Members of the new Executive Board are President and CEO Topi Saarenhovi, Senior Vice President Janne Lehtimäki (area of responsibility: Forwarding and Value Added Services), Artur Poltavtsev (Railway Logistics), CFO Antti Sallila (Finance, Mergers and Acquisitions), Senior Vice President Harri Vainikka (Transit Logistics and Partnerships) and Senior Vice President Hannu Vuorinen (Special Transports and Projects). The changes in the Executive Board are effective immediately with the exception that Janne Lehtimäki will start in his new position on 1 November 2011. Senior Vice President Jorma Kervinen has decided to leave Nurminen Logistics. The new members of the Executive Board are Janne Lehtimäki and Artur Poltavtsev. Janne Lehtimäki (b. 1970) is currently working as a director of a business unit at Kuehne + Nagel. He has also held several other positions in the same company since 2000. Lehtimäki holds a BSc Eng degree. At Nurminen Logistics Lehtimäki is responsible for i.e. developing the operations of company's logistics centre in Vuosaari. Artur Poltavtsev (b. 1970) is currently working as the General Director of Nurminen Logistics' Russian subsidiary OOO Huolintakeskus. He will continue also in this position. Poltavtsev has held several positions at Nurminen Logistics since 1997. He holds a Master's degree in political science. - The new organization and Executive Board create better premises to develop Nurminen Logistics' profitability and competitiveness as the responsibility for service products, their content and development is sharpened. The changes support our strategy to seek for growth in Russia and other CIS countries, President and CEO Topi Saarenhovi says. NURMINEN LOGISTICS PLC Topi Saarenhovi President and CEO Further information: Mr. Topi Saarenhovi President and CEO Tel. +358 10 545 2431 DISTRIBUTION NASDAQ OMX Helsinki Ltd Major Media www.nurminenlogistics.com Nurminen Logistics Plc Nurminen Logistics provides high-quality logistics services, such as railway transports, terminal services, forwarding and special and heavy transports. The company has collected logistics know-how from three centuries, starting in 1886. Nurminen Logistics' main market areas are Finland, the Baltic Sea region, Russia and other CIS countries. The company's share is listed on NASDAQ OMX Helsinki. |
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