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2012-10-17 16:00:00 CEST 2012-10-17 16:00:02 CEST REGULATED INFORMATION Comptel - Company AnnouncementComptel Renews its Executive BoardComptel Corporation Stock exchange release, October 17 2012 at 5 pm Comptel Renews its Executive Board In order to execute its growth strategy and improve profitability, Comptel has reorganized its Sales Leadership team and Executive Board by establishing a Chief Market Operations Officer (CMO) role and reducing the number of Executive Board members from twelve to seven. Mr. Mauro Carobene, SVP Europe West, will be appointed as CMO as of November 1, 2012. The business area leaders will be part of the CMO Leadership team. They will also be part of the extended Executive Board, meeting quarterly. The following appointments will take place as of November 1, 2012 Mr. Mika Korpinen will move from the Head of Asia-Pacific business area to the Head of Middle East and Africa business area. Mr. Sami Ahonen, SVP Legal & M&A will become the Head of Europe East business area. Mr. Kevin Taylor Head of UKBI cluster will become the Head of Europe West business area Mr. Diego Becker will continue as the Head of Americas business area Mr. Timo Koistinen will move from the Head of Europe East position to hold an interim position as the Head of Asia Pacific business area, while a search for a permanent Head is under way. After this assignment Mr. Koistinen will assume the role of Head of Enterprise Sales for Comptel, reporting to the CMO. The current Head of Middle East and Africa business area - Mr. Veqar Islam has decided to step down from his position due to family and health reasons. He will support the new Head of the business area, Mr. Mika Korpinen, until the end of year 2012 and after which he will leave the company. As of November 1, 2012, the members of Executive Board are, Mr. Juhani Hintikka (CEO). Mr. Mauro Carobene (CMO), Mr. Mikko Hytönen (CFO), Mr. Antti Koskela (CTO), Mr. Kari Onniselkä (Services), Ms. Niina Pesonen (HR) and Ms. Ulla Koivukoski (Marketing and Communications). “I'm confident that these changes will further improve our operating mode and support the successful execution of our growth strategy,” says Juhani Hintikka, the President and CEO. Comptel amends its future disclosure policy regarding Executive Board appointments to announce only the changes of the President and CEO and members of the Board of Directors. COMPTEL CORPORATION Juhani Hintikka President and CEO Distribution: NASDAQ OMX Helsinki Major media Since 1986, Comptel has helped more than 280 service providers across 85 countries meet over one billion subscribers' communications and infotainment needs. Comptel's solutions are built on an event - analysis - action strategic framework that leverages the company's strengths in event data processing and advanced predictive analytics to enable real-time action. Comptel's service fulfillment, mediation, charging and policy control, and predictive social analytics products with implementation and professional services enable service providers to enhance customer engagement and, in turn, create revenue, reduce costs and lessen churn. Comptel has a global team of nearly 700 professionals, and net sales were EUR 77 million in 2011. For more information, visit www.comptel.com. |
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