Componenta Oyj — Board/Management Information 2017

Aug 4, 2017

Changes in Componenta’s Corporate Executive Team

Changes in Componenta’s Corporate Executive Team

Componenta Corporation Stock Exchange Release on 4 August 2017 at 13:15

Sabri Özdoğan, Managing Director of Componenta Turkey, has left the Corporate Executive Team of Componenta on 4 August 2017 following the sale of the shareholding in the Turkish company. Componenta Corporation signed an agreement to sell its shareholding in Componenta Dökümcülük Ticaret ve Sanayi A.S. to Döktaş Metal Sanayi ve Ticaret A.Ş. on 4 August 2017. 

SVP, Forging Business Sweden Mikael Schill has also left Corporate Executive Team of Componenta on 17th July 2017 as Componenta Wirsbo AB and Componenta Arvika AB were declared bankrupt.

As of 4 August 2017, Componenta’s Corporate Executive Team consist of CEO Harri Suutari, CFO Marko Karppinen, SVP Cast Components Business Area Pasi Mäkinen and Group General Counsel Tuula Rainto.

Helsinki, 4 August 2017

COMPONENTA CORPORATION

Harri Suutari

President and CEO

For further information, please contact:

Harri Suutari

President and CEO

tel. +358 10 403 2200

Componenta is an international technology company. Componenta specializes in supplying cast and machined components to its global customers, who are manufacturers of vehicles, machines and equipment. The company’s share is listed on Nasdaq Helsinki.