“Vesa Alatalo’s resignation surprised us. Vesa has performed excellently and under his management the group began energetically making the changes required by the new strategy. I want to wish Vesa the best of luck in his new and demanding position,” comments the chairman of the board Reijo Järvinen.
The Board of Directors appointed Topi Karppanen as acting CEO starting from September 1, 2014. Karppanen has been a member of the board of Vaahto Group Plc Oyj since 2010 and has strong industrial background.
“Topi has been a member of the board and thus knows the company well. I believe that Topi’s solid experience helps him to succeed in this position. Under Topi’s management we will continue the work Vesa Alatalo began in deploying the strategy,” says Järvinen.
The board of directors will start the search for a new permanent CEO immediately.
Vaahto Group is a globally operating high technology company serving process industry in the fields of pulp and paper machinery and process machinery.
