Enn Pant to join the Supervisory Board, Janek Stalmeister becomes the new CEO


Tallinn, 2014-11-11 15:30 CET (GLOBE NEWSWIRE) -- Enn Pant to join the Supervisory Board, Janek Stalmeister becomes the new CEO

The Supervisory Board of AS Tallink Grupp has accepted the resignation letter of the Chairman of the Management Board, Chief Executive Officer Enn Pant, effective from 1st of January 2015. The Supervisory Board will propose to the Special Shareholders General Meeting to elect Mr. Pant as a member of the Supervisory Board and sees him as the new Chairman.

According to Enn Pant, the CEO of AS Tallink Grupp since 1996, the decision to resign does not mean he would retreat from Tallink in general. „During those 18 years I have built a magnificent company and put together a fantastic team. Janek is absolutely the right person to successfully lead the company. I will continue to participate in developing the business strategy for Tallink, just in the Supervisory Board“, added Pant.

The Supervisory Board of AS Tallink Grupp elected on 11.11.2014 the Group’s member of the Management Board and Chief Financial Officer Mr. Janek Stalmeister (born 1974) as the Chairman of the Management Board and the Chief Executive Officer of AS Tallink Grupp, effective from 1st of January 2015. 

Janek Stalmeister said, that it is a large responsibility to guide such a powerful company. „I have worked in Tallink since 1999 and participated in the rapid development of this enterprise. With this experience I wish to strengthen the leading position of the company even further“, added Stalmeister.

Janek Stalmeister joined Tallink in 1999. Throughout the years he has been in the positions of the Financial Advisor, Treasurer and Financial Director, from 2009 he has been a member of the Management Board and the Chief Financial Officer. Janek Stalmeister has graduated from the Faculty of Economics from the International University „LEX“, Estonia, in 1999. Before joining Tallink Grupp he was the head of the External Debt Service at the Estonian Ministry of Finance from 1994 to 1997. Janek has a direct shareholding of 45 000 shares in AS Tallink Grupp.

Enn Pant has been the CEO of AS Tallink Grupp since 1996, from 1992 to 1996 he was the Secretary General of the Ministry of Finance of Estonia. He is the Chairman of the Supervisory Board of AS Infortar. Enn Pant graduated from the Faculty of Economics, University of Tartu, Estonia in 1990. Enn Pant has a direct shareholding of 3 951 913 shares in AS Tallink Grupp.

         Harri Hanschmidt
         Head of the Finance Department
         
         AS Tallink Grupp
         Sadama 5/7. 10111 Tallinn
         Tel +372 640 8981
         E-mail harri.hanschmidt@tallink.ee