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Valmet appoints nomination board

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Valmet appoints nomination board

September 28, 2015 - 19:53

ESPOO, Finland, Sept 23, 2015 (Globe Newswire)

Valmet's four largest registered shareholders according to Euroclear on September 1, 2015, have named the following persons as their representatives in Valmet's Nomination Board:

Kari Järvinen, Managing Director (Solidium Oy)

Martin Oliw, Partner (Cevian Capital Partners Ltd)

Roger Hagborg, Investment Advisory Professional (Triton)

Risto Murto, CEO (Varma Mutual Pension Insurance Company)

Bo Risberg, Chairman of Valmet's Board of Directors, will serve as the Nomination Board's expert member.

Valmet's Annual General Meeting decided on March 26, 2014 to establish a Nomination Board for the time being. Nomination Board will prepare proposals on members of the Board of Directors and their remuneration for the Annual General Meeting. The next Annual General Meeting is planned to be held on March 22, 2016.

Valmet is the leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries. Valmet's vision is to become the global champion in serving its customers.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. The strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production. Valmet's advanced automation solutions range from single measurements to mill wide turnkey automation projects.

Valmet's net sales in 2014 were approximately EUR 2.5 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.