Teuvo Salminen to join CapMan as an Advisor
(Thomson Reuters ONE) - CapMan Press Release 30 September 2009 9.10 a.m.Teuvo Salminen, Deputy to the President and CEO of Pöyry PLC, hasbeen invited to join CapMan's Advisor Network as an Advisor beginningin January 2010.Teuvo Salminen (born 1954) has been with the Pöyry Group since 1985,serving in a number of positions, including as CFO and a member ofthe Group's Executive Committee. He has also been responsible forPöyry's Construction and Infrastructure & Environment businessgroups. Salminen was appointed Deputy to the President and CEO ofPöyry PLC in 1999. Salminen will resign from his present duties as ofthe beginning of 2010, but he will continue on a part-time basis inPöyry's service at least until the end of 2010."I am delighted to welcome Teuvo to the CapMan Advisor Network.Active ownership and industrial approach are central principles inCapMan's investment operations, and our broad-based Advisor Networkis a part of this proactive approach. We very much value Teuvo'sindustry know-how and the long-term commitment he has made toCapMan's development by being a member of our Board of Directors andnow also an advisor," says Heikki Westerlund, CEO of CapMan Plc."Becoming a CapMan Advisor represents a new and interesting stage inmy career. As an advisor, I hope that I will be able to leverage theknowledge and experience I have built up over my 25 years with Pöyry.Over that time, I have been involved in developing Pöyry into aninternational company active in a number of fields, and I know thatCapMan and the companies in its portfolio are faced with similar setsof challenges. It has been a major step for me to make this change,however the fact that I know well CapMan and its key personsfacilitated my decision," says Teuvo Salminen.Salminen has a M.Sc. (Econ.) from the Helsinki School of Economic andis a certified public accountant. He was a member of the Board ofDirectors of YIT Corporation between 2001 and 2009, and has beenChairman of the Board of Directors of Holiday Club Resorts Oy since2008. Salminen has been a member of CapMan's Board of Directors since2001 and Vice Chairman since 2005.For further information, please contact:Heikki Westerlund, CEO, CapMan Plc, Senior Partner, tel. +358 207 207504 or +358 50 559 6580Teuvo Salminen, tel. +358 400 420 285CapMan www.capman.comCapMan is one of the leading alternative asset managers in the Nordiccountries and Russia and manages private equity funds withapproximately EUR 3.5 billion in total capital. CapMan has sixinvestment areas (CapMan Buyout, CapMan Technology, CapMan LifeScience, CapMan Russia, CapMan Public Market and CapMan Real Estate),and each of them has a dedicated team and funds. Altogether CapManemploys over 150 people in Helsinki, Stockholm, Copenhagen, Oslo andMoscow. CapMan was established in 1989 and its B shares are listed onthe Helsinki Stock Exchange since 2001.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 30.09.2009 - 08:10 Uhr
Sprache: Deutsch
News-ID 6399
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