Sep 30, 2009. Teuvo Salminen, Deputy to the President and CEO of Pöyry PLC, will at his own request step aside from his present position as of the beginning of 2010. At the same time, his membership in the Group Executive Committee will end. However, Teuvo Salminen has committed himself to continuing, at least until the end of 2010, as a part time advisor to ensure a smooth transition and knowledge transfer.

Stehendes Holz

Pöyry's deputy president and CEO to step aside in 2010

Sep 30, 2009. /Lesprom Network/. Teuvo Salminen, Deputy to the President and CEO of Pöyry PLC, will at his own request step aside from his present position as of the beginning of 2010. At the same time, his membership in the Group Executive Committee will end. However, Teuvo Salminen has committed himself to continuing, at least until the end of 2010, as a part time advisor to ensure a smooth transition and knowledge transfer, the company said in a press release received by Lesprom Network. After joining Pöyry in 1985, Teuvo Salminen, M.Sc. (Econ.), CPA initially acted as the company's Chief Financial Officer, and later on he headed also the Construction and Infrastructure & Environment business groups. Since 1989 he has been a member of the Group Executive Committee, and in 1999 he was appointed Deputy to the President and CEO. "In his various positions Teuvo Salminen has played a key role in developing Pöyry into an international company with diversified operations. During the past few years his role in our strategy process as well as in our mergers and acquisitions activities has been especially important", says Henrik Ehrnrooth, Chairman of the Board of Pöyry PLC. "We would certainly have appreciated his presence in the operational management still for many years, but after 25 years of Pöyry career I do understand and support his decision. However, Teuvo Salminen will still be available to carry out special assignments where his broad Pöyry experience and industry understanding is of great value." As of 1 January 2010 Teuvo Salminen will gradually also take up the position as Advisor of the private equity company CapMan Plc.