New Appointment at Panostaja Oyj: Mikko Moilanen Becomes the CEO of Grano Group Oy

Panostaja Oyj Stock Exchange Bulletin, Changes in Management       December 10, 2018     10:00 am

New Appointment at Panostaja Oyj: Mikko Moilanen Becomes the CEO of Grano Group Oy

M.Sc. (Tech.) Mikko Moilanen (born 1965) has been invited to become the new CEO of Grano Group Oy. Moilanen will assume the position of CEO immediately.

Moilanen has previously worked as the CEO of Suunto Oy and in many management positions at Nokia Oyj. He has extensive experience in the management of organizations and the development of performance. Grano’s current CEO Jaakko Hirvonen will remain in special duties supporting Moilanen until his retirement. “I’m very excited about the opportunity to take the reins of Grano’s on-going development to becoming the strongest player in the field,” Moilanen says.

“We wish to thank Jaakko for seeing us through the company’s growth phase and to extend a warm welcome to Mikko as a new member of the Grano family,” says Juha Sarsama, Chairman of Grano’s Board of Directors.

Panostaja Oyj

Juha Sarsama

CEO

Further information:

CEO Juha Sarsama +358 40 774 2099

CEO Mikko Moilanen, Grano Group 9

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.