Panostaja Oyj                       Stock Exchange Bulletin, changes in management            Nov 8, 2018    14.15

The Current CEO of Grano to Leave His Duties

Jaakko Hirvonen, the current Chief Executive Officer of Panostaja´s investment Grano, will be retired. The time of his retirement will be determined later. At that time he will leave his duty of Grano´s CEO.

The board of Grano has started the search process for a new CEO. Jaakko Hirvonen will continue as CEO till the new CEO will start on his duty. 


Panostaja Oyj

Juha Sarsama
CEO


For further information, please contact Juha Sarsama +358 40 774 2099


Panostaja is an investment company developing Finnish SMEs in the role of an active majority shareholder. The company aims to be the most sought-after partner for business owners selling their companies as well as for the best managers and investors. Together with its partners, Panostaja increases the Group's shareholder value and creates Finnish success stories. Panostaja has a majority holding in nine investment targets. Panostaja’s shares (PNA1V) are quoted on the Nasdaq Helsinki Stock Exchange. In the 2017 financial year, the Group’s net sales totaled MEUR 193.2.

www.panostaja.fi