Metsäliitto Osuuskunta
Mikael Silvennoinen to join Metsäliitto Cooperative’s Board of Directors

DGAP-News: Metsäliitto Osuuskunta

06.11.2014 / 08:00

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Metsä Group Stock Exchange Release 6 November 2014 at 9:00 am


At a meeting held on 5 November, the Supervisory Board of Metsä Group's parent
company, Metsäliitto Cooperative, elected Mikael Silvennoinen (58), M.Sc.
(Econ.), to be a new member of the Board of Directors as of 1 January 2015.
Silvennoinen currently works as the Chairman of the Board of Directors for
executive search company IMS Talent. Before his current position, Silvennoinen
had a long career with the Pohjola Group, most recently (1997-2013) as the
President and CEO of Pohjola Bank Plc. 

In accordance with the rules of the Cooperative, Eino Halonen, who has been a
member of the Board of Directors since 2006, will resign having turned the age
of 65. 

The meeting also resolved to pay the following remuneration to the chairman and
members of the Board of Directors in 2015: the monthly remuneration  to the
chairman of the Cooperative's Board will be EUR 6,700 (EUR 5,800 in 2014) and
the monthly remuneration for Board members will be EUR 3,700 (EUR 3,200 in
2014). 


METSÄ GROUP
Group Communications

Further information:
Miika Arola, Group General Counsel, Metsä Group, tel. +358 (0)10 465 4205
Reeta Kaukiainen, SVP Communications, Metsä Group, tel. +358 (0)10 465 4541,
+358 (0)50 522 0924 


www.metsagroup.com

Metsä Group is a responsible forest industry group whose products' main raw
material is renewable and sustainably grown northern wood. Metsä Group focuses
on tissue and cooking papers, consumer packaging paperboards, pulp, wood
products, and wood supply and forest services. Its high-quality products
combine renewable raw materials, customer-orientation, sustainable development
and innovation. Metsä Group's sales totalled EUR 4.9 billion in 2013, and it
employs approximately 11,000 people. The Group operates in some 30 countries.
Metsäliitto Cooperative is the parent company of Metsä Group and is owned by
approximately 123,000 Finnish forest owners.
News Source: NASDAQ OMX



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Language:    English                 
Company:     Metsäliitto Osuuskunta  
 
 
             Finland                 
ISIN:        FI0002001611            
 
 
End of News    DGAP News-Service  
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