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STOCK EXCHANGE RELEASE 9 Dec 2016

Pöyry PLC: Pöyry introduces changes to its Group Executive Committee

PÖYRY PLC          Company Announcement 9th December 2016 at 08:30am EET

Pöyry introduces changes to its Group Executive Committee

Pöyry continues to simplify and strengthen its business operations and adjusts its management structure.

Markku Oksanen, 58, PhD in Engineering , currently President, Hydropower Business Unit in its Energy Business Group, is appointed as President, Regional Operations Northern Europe, reporting to Martin à Porta, President and CEO of Pöyry PLC. Markku joined the Pöyry Group in 2010 and has held several management positions in Pöyry Finland Oy. Before joining Pöyry, Markku held executive level positions in a number of international consulting companies.

Martin à Porta, President and CEO, will act as President of Pöyry's Management Consulting Business Group. The intention is to further increase client focus by building on the deep expertise and profound insight that we have within the energy and forest industry. Our ambition is to create 'gamechanger' concepts and value adding services that meet current and future client needs whilst contributing to profitable growth.

Pasi Tolppanen, Executive Vice President,Regional Operation Northern Europe and Managing Director, Pöyry Finland Oy, and Erik Olsson, President of Pöyry's Management Consulting Business Group will step down from their roles after a handover period where they will support the CEO in ensuring seamless continuation of the business. Both Pasi and Erik have contributed strongly with their business drive to elevate their units to the current level. We would like to warmly thank both of them for their valuable contribution to Pöyry and wish them all the best for the future.

Following these changes, which will be effective immediately, Pöyry's Group Executive Committee is reduced to five members.

Members of the Pöyry PLC's Group Executive Committee as of 9 December 2016:

  • Martin à Porta, President and CEO, Chairman Regional Operations (acting), President Management Consulting Business Group (acting)
  • Anja McAlister, Executive Vice President, Head of Transformation and Strategy
  • Richard Pinnock, Executive Vice President, President Energy Business Group and Global Sales and Project Management
  • Nicholas Oksanen, Executive Vice President, President Industry Business Group
  • Juuso Pajunen, Executive Vice President and Chief Financial Officer

More details of Pöyry's governance and management are available on www.poyry.com.

Additional information:
Martin à Porta , President & CEO, Pöyry PLC
Tel. +358 10 33 226 29

Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and provide local services in our core markets. We deliver management consulting and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry's net sales in 2015 were EUR 575 million and the company's shares are quoted on Nasdaq Helsinki (Pöyry PLC: POY1V).

DISTRIBUTION:
Nasdaq Helsinki
Major media
www.poyry.com