Changes in Huhtamaki Group Executive Team

HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 22.10.2015 AT 08:15

Changes in Huhtamaki Group Executive Team

Olli Koponen (56), Executive Vice President, Molded Fiber and a member of the Group Executive Team, has been appointed Executive Vice President, Flexible Packaging as of October 22, 2015. Olli continues as a member of the Group Executive Team reporting to CEO Jukka Moisio. Olli holds a M.Sc. (Eng., Process and Information Technology) from Oulu University. He has an extensive career and broad experience within the Group since 1990 and prior to heading the Molded Fiber business segment he held several leadership positions with Huhtamaki for example in Finland, Turkey, Hong Kong and Russia.

Following Olli's appointment to head the Flexible Packaging segment, Petr Domin (49), Managing Director, Molded Fiber Europe, has been appointed as interim Executive Vice President, Molded Fiber reporting to CEO Jukka Moisio as of October 22, 2015. Petr holds an Executive MBA from The Nottingham Trent University in the UK and a M.Sc. (Eng., Pulp and Paper) from the Pardubice University in the Czech Republic. Petr has been with Huhtamaki since 1990 and he has held several management positions within the Group's molded fiber business.

Shashank Sinha (50), Executive Vice President, Flexible Packaging and a member of the Group Executive Team has decided to leave Huhtamaki to pursue new career opportunities outside the Company.

"I would like to take the opportunity to congratulate both Olli and Petr for their new assignments. It pleases me that we can fill both positions from within the Group. In addition I would like to thank Shashank for his contribution and wish him all the best in his future challenges," says Jukka Moisio, CEO.

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

Jukka Moisio (Chairman), Chief Executive Officer;
Thomas Geust, Chief Financial Officer;
Sami Pauni, Senior Vice President, Corporate Affairs and Legal, Group General Counsel;
Teija Sarajärvi, Senior Vice President, Human Resources;
Clay Dunn, Executive Vice President, North America;
Olli Koponen, Executive Vice President, Flexible Packaging; and
Eric Le Lay, Executive Vice President, Foodservice Europe-Asia-Oceania


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


HUHTAMÄKI OYJ
Group Communications


Huhtamaki is a global specialist in packaging for food and drink. With our network of 69 manufacturing units and 23 sales offices in 34 countries, we're well placed to support our customers' growth wherever they operate. Mastering three distinctive packaging technologies, approximately 16,700 employees develop and make packaging that helps great products reach more people, more easily. In 2014 our net sales totaled EUR 2.2 billion. The Group has its head office in Espoo, Finland and the parent company Huhtamäki Oyj is listed on NASDAQ OMX Helsinki Ltd. Additional information is available at www.huhtamaki.com.