Walki Group announced changes in Executive Team

   Moscow. Jan 13, 2010. /Lesprom Network/. Walki Group announced the following changes in its Group Executive Team. Timo Finnström, currently Vice President Finance and CFO, is appointed Vice President Sourcing and Business Development. In this role he will be responsible both for the Group's sourcing and procurement function, as well as for the Group level business development activities. Timo will continue to be a member of the Group Executive Team and he will be located at the Group head office in Espoo, Finland.

Since August 2009, Mikael Nováky has been in charge of both Group Sourcing and the Business Area Paper Packaging on an interim basis. In future, he will continue to lead the Paper Packaging business as Vice President and General Manager - Paper Packaging.

Anu Suikkanen is appointed Vice President Finance and CFO and a member of the Group Executive Team. She is joining Walki Group from Finndomo Oy, where she has worked as CFO. In addition to her role as CFO, Anu Suikkanen will also be in charge of the Group's Human Resources and Information Technology activities and she will be located in the head office in Espoo.

There will be a transfer period of several months in the handover of responsibilities between Finnström and Suikkanen, as well as between Nováky and Finnström. Both Finnström and Suikkanen report to the Group's CEO Leif Frilund.

Now the Group Executive Team consists of the following persons; Leif Frilund (Chairman), Timo Finnström, Mikael Nováky, Mats Holti, Anu Suikkanen, Wolfgang Thissen and Jarkko Tuominen.

Walki Group produces wrappings for the paper and metal industries, food and consumer packaging materials, decorative and functional laminates, barrier liners for solid and corrugated packaging, composite materials for the insulation and construction industries as well as technical papers.