F Secure : Appoints Samu Konttinen as President and CEO

02 July 2016

F-Secure Appoints Samu Konttinen as President and CEO

CEO Christian Fredrikson resigns to pursue new career opportunity.

Helsinki, Finland - June 2, 2016: Christian Fredrikson, President and CEO of F-Secure Corporation, has resigned to pursue a leadership opportunity outside the company. The F-Secure Board of Directors has appointed Samu Konttinen as new President and CEO, effective 1 August 2016. Konttinen joined F-Secure in 2005 and has held a wide range of senior management positions in the company, including Executive Vice President of Sales and Marketing, and Executive Vice President of F-Secure's Consumer Business. Most recently he served as Executive Vice President Corporate Security Business. Since 2009 he has been a member of the Leadership team.

'The Board and I are pleased to announce the appointment of Samu as President and CEO of F-Secure. In his more than a decade with F-Secure he has proven his ability to drive innovation, and ensure a steady strategy execution that delivers growth. I'm confident that his winning attitude and relentless focus on execution will further speed up F-Secure's transformation to the leading European cyber security company,' says Risto Siilasmaa, Chairman of the F-Secure Board of Directors.

'I'm excited to take the role as President and CEO of F-Secure,' says Samu Konttinen. 'Thousands of companies and millions of people around the world already trust us to defend them against cyber attacks. With our strategy, we are well positioned for further growth. I'm proud that we employ some of the brightest minds in the security industry, and together with them, I'm looking forward to taking advantage of the new opportunities in the connected world.'

F-Secure aims to capitalize on the opportunities driven by increasing digitization by increasing investments in the fastest growing corporate security markets, which include managed endpoint security services sold through the reseller channel as well as cyber security services. Investments in consumer security will continue at a level that targets profitable growth. To enable execution of the growth strategy, F-Secure is actively recruiting highly talented security professionals, rising cyber security talents and skilled sales personnel. The company also aims pursue growth through mergers and acquisitions.

Christian Fredrikson became the CEO of F-Secure in January 2012. He led F-Secure through a critical period of transition, during which the company has refocused on security, divested its personal cloud storage business, and acquired a Nordic security consultancy and services company to pave the way to becoming a cyber security leader.

'We thank Christian for his dedication and commitment to the company over the past four and a half years, and wish him the best in his future endeavors,' says Siilasmaa.

About F-Secure

F-Secure is a European cyber security company with decades of experience in defending enterprises and consumers against everything from opportunistic ransomware infections to advanced cyber attacks. Its comprehensive set of services and award-winning products use F-Secure's patented security innovations and sophisticated threat intelligence to protect tens of thousands of companies and millions of people. F-Secure's security experts have participated in more European cyber crime scene investigations than any other company in the market, and its products are sold all over the world by over 200 operators and thousands of resellers.

Founded in 1988, F-Secure is listed on the NASDAQ OMX Helsinki Ltd.

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F-Secure media relations

Sandra Proske
+ 49 176 70036664