Skano Group
Changes in the Management Board of Skano Group AS

DGAP-News: Skano Group /

12.12.2013 / 16:44

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Pärnu, 2013-12-12 16:44 CET (GLOBE NEWSWIRE) -- Hereby Skano Group informs that
the Chairman of the Management Board Mr Andres Kvistik has given his
resignation notice today at Supervisory Board meeting. 



Andres Kivistik has been working as the Chairman of the Management Board in
Skano Group over 6 and half years. He managed the company well during
economical crisis and has helped to increase its market share and turnover (the
turnover of the 3rd quarter in 2013 exceeded 5mEUR for the first time during
history of Skano). At the same time his business interests have grown in his
companies which demands more his time and devotion, therefore he is not able to
continue leading full time Skano Group as the Chairman of the Management Board. 

The Supervisory Board accepted Andres Kivistik's resigning request as the
Chairman of the Management Board of Skano Group AS (including all
subsidiaries). Mr. Andres Kivistik's co-operation with Skano Group AS will
continue until 31st of December 2013. 

The Supervisory Board decided to appoint for the new Chairman of the Management
Board Mr Martin Kalle who currently is member of the Management Board and CFO.
Martin Kalle joined Skano Group in the beginning of 2013 and has worked earlier
as the Management Board Member in Magnum AS, Ehitus Servis AS (Bauhof) and
PriceWaterHouseCoopers AS. Martin has done his bachelor degree in economics in
Estonian Business School. Martin Kalle holds 4331 shares of Skano Group AS. 


         Martin Kalle
         CEO/CFO
         +3724478331
         martin.kalle@skano.com
News Source: NASDAQ OMX


End of Corporate News

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Language:    English       
Company:     Skano Group   
 
 
             Estonia       
ISIN:        EE3100092503  
 
 
End of News    DGAP News-Service  
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