Changes in Huhtamaki Group Executive Team

HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 19.7.2013 AT 08:15

Timo Salonen (55), CFO and a long-term member of the Group Executive Team has decided to leave the Company at his own request. "I would like to take the opportunity to thank Timo for his long service with the Company and contribution to the Group's current success, as well as wish him all the best in his future challenges," says Jukka Moisio, CEO.

Thomas Geust (40), M.Sc. (Econ.), has been appointed as Director, Finance and member of the Group Executive Team reporting to Jukka Moisio, CEO, as of October 1, 2013. He joins Huhtamaki from ABB Group, where his latest position was Global Controller for the Business Unit Marine & Cranes, located in Switzerland. Prior to ABB, Thomas Geust has worked in various financial positions in Schneider Electric, Lexel Group and KPMG.

Following the aforementioned changes the members of the Group Executive Team are

Jukka Moisio (Chairman), Chief Executive Officer;
Thomas Geust, Director, Finance (as of October 1, 2013);
Sari Lindholm, Senior Vice President, Human Resources;
Clay Dunn, Executive Vice President, North America;
Suresh Gupta, Executive Vice President, Flexible Packaging;
Olli Koponen, Executive Vice President, Molded Fiber;
Eric Le Lay, Executive Vice President, Foodservice Europe-Asia-Oceania; and
Peter Wahsner, Executive Vice President, Films.

For further information, please contact:
Jukka Moisio, CEO, tel. +358 10 686 7801

HUHTAMÄKI OYJ
Group Communications

Huhtamaki Group is a leading manufacturer of consumer and specialty packaging with 2012 net sales totaling EUR 2.3 billion. Foodservice and consumer goods markets are served by approximately 14,400 people in 64 manufacturing units and several sales offices in 31 countries. The parent company, Huhtamäki Oyj, has its head office in Espoo, Finland and its share is quoted on NASDAQ OMX Helsinki Ltd. Additional information is available at www.huhtamaki.com.