Vaahto Group Plc Oyj - Company Announcement

Vesa Alatalo appointed as CEO of Vaahto Group Plc Oyj

Helsinki, Suomi, 2014-01-16 08:00 CET (GLOBE NEWSWIRE) -- 

VAAHTO GROUP PLC OYJ STOCK EXCHANGE RELEASE 16 January 2014 at 9:00 am

Vesa Alatalo appointed as CEO of Vaahto Group Plc Oyj

The Board of Directors of Vaahto Group Plc Oyj has appointed Vesa Alatalo
(B.Sc. (Eng.) and MBA), as the new Chief Executive Officer of the Company.
Alatalo commences his duties as the CEO on 16 January 2014. 

Vesa Alatalo (born 1970) transfers to Vaahto Group from the position of Head of
Waste to Energy business segment at Konecranes Finland Oy. Prior to the
position of Head of Waste to Energy, Alatalo's positions at Konecranes have
included Head of Workstation Lifting Systems, product director for Light
Lifting products, and managing director of Konecranes Lifting Systems GmbH,
Austria (2012-2013). Alatalo transferred to Konecranes Finland Oy from the
position of Country Manager for Finland of the Industrial Sales Division at
Osakeyhtiö SKF Aktiebolag. Before transferring to Osakeyhtiö SKF Aktiebolag,
Alatalo has held the position of product line manager at Sandvik Mining and
Construction Oy and various management positions at Orbis Oy, including the
position of managing director of Orbis Solutions (Hong Kong) Ltd., China
(2001-2003) and member of board of directors of the same (2001-2006). 

Alatalo has received the degree of Master of Business Administration from the
University of Wales and the degree of B.Sc.(Eng.), (Machine Automation and
Robotics) from the Institute of Technology, Jyväskylä. 

Vesa Alatalo does not hold shares in Vaahto Group Plc Oyj either personally or
through controlled entities. 

Vesa Alatalo is the brother of Sami Alatalo, who is a member of the Board of
Directors of Vaahto Group Plc Oyj. As a member of the Board of Directors, Sami
Alatalo has not taken and will not take part in the decisions concerning the
position or the remuneration of the new CEO. 

Ari Viinikkala, the previous Chief Executive Officer of Vaahto Group Plc Oyj,
held the position until 15 January 2014. 



Lahti, 16 January 2014

VAAHTO GROUP PLC OYJ

Board of Directors




         Information:
         Reijo Järvinen, Chairman of the Board, Vaahto Group Plc Oyj, +358 400
715968