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Friday, 17 February 2017

Kotipizza Group Oyj: Changes in Kotipizza Group's Executive Board

Kotipizza Group Oyj    

Published: 07:03 CET 17-02-2017 /GlobeNewswire /Source: Kotipizza Group Oyj / : PIZZA /ISIN: FI4000157235

Kotipizza Group Oyj: Changes in Kotipizza Group's Executive Board

Kotipizza Group Oyj


Stock Exchange Release 17 February 2017 at 8.05 am (EET)


Changes in Kotipizza Group's Executive Board


Olli Väätäinen has resigned from his position as Chief Operating Officer of Kotipizza Group Oyj and member of the Executive Board. Väätäinen will take up the position of CEO for Solteq Oyj.


Väätäinen will stay in his position until 31 March, 2017. The company will begin immediately the search process for a new COO.


Kotipizza Group Oyj

Tommi Tervanen, CEO

 

 

More information:

Tommi Tervanen, CEO

tel. +358 207 716 743

 

Timo Pirskanen, CFO

tel. +358 207 716 747

 

Kotipizza Group in brief

Kotipizza is a Finnish pizza chain founded in 1987. At the end of financial year 2015, the number of restaurants stood at 257 restaurants. In 2015, the sales of Kotipizza restaurants were EUR 77.3 million. Kotipizza Group net sales were EUR 56.4 million for the financial year 2015 with a comparable EBITDA of EUR 5.03 million respectively.



Changes in Kotipizza Group's Executive Board



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: Kotipizza Group Oyj, Hermannin rantatie 8, Helsinki 00580, Suomi
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