Apetit Plc, Stock Exchange Release, 19 September 2014 at 8:30 a.m.

The Board of Directors of Apetit Plc has appointed Juha Vanhainen (born 1961), M. Sc. (Eng.) as the CEO of Apetit Plc. He will take up the post as CEO of Apetit Plc on 2 April, 2015. Currently he is Executive Vice President and member of the Group Leadership Team at Stora Enso Oyj.

Deputy Chairman of the Board of Directors Veijo Meriläinen, who was appointed CEO of Apetit Plc on 29 April 2014, will continue as CEO, while also taking care of his duties in the Board of Directors, until Juha Vanhainen takes up the post.

Aappo Kontu, Chairman of the Board of Directors: "The Apetit Group's business areas occupy a strong market position, which has improved steadily over recent years. However, we have faced challenges in achieving the targeted growth and in the profitability of certain Food Business product groups. Therefore we are very pleased that Juha Vanhainen will be joining the company as our new CEO. He has very solid and versatile management experience and a proven track record in a notable international process industry company operating in a challenging environment. He has also achieved excellent results in the field of representing the interests of Finnish business communities. I believe he will facilitate the new development trend that we are pursuing and help achieve the targeted regeneration in our company."   

Juha Vanhainen, CEO of Apetit Plc as of 2 April 2015: "Apetit is a Finnish food industry company operating in the Food business and Grains and Oilseeds business that is in a very interesting phase of regeneration. The company's operations cover the entire food production chain from primary production to the consumer table. This provides a good starting point to transform Apetit into a Finnish food industry success story. I am really looking forward to working with the skilled and experienced employees at Apetit and taking Apetit forward together."

Juha Vanhainen's CV and photo are attached to this release.

Apetit Plc


Board of Directors



FOR MORE INFORMATION

Aappo Kontu, Chairman of the Board of Directors, Apetit Plc, tel. +358 44 425 2210
Juha Vanhainen, CEO of Apetit Plc as of 2 April, 2015. tel. +358 40 541 8178
Veijo Meriläinen, CEO of Apetit Plc, tel. +358 50 521 4061


DISTRIBUTION  

NASDAQ OMX Helsinki Ltd. Main Media, www.apetitgroup.fi


Delightfully satisfying flavours and service experiences.  Apetit Plc is a Finnish food company whose mission is to offer delightfully satisfying flavours and service experience. We are well known for our frozen vegetables and frozen ready meals, fresh fish and fish products, ready-to-use fresh fruit and vegetable products and grains and vegetable oils. The Group's shares are quoted in NASDAQ OMX Helsinki  Ltd. In 2013 our net sales was EUR 387 million and our average number of personnel was 782.

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