Helsinki, Finland, 2012-11-05 08:00 CET (GLOBE NEWSWIRE) --
Ixonos Plc Stock Exchange Release 5 November 2012 9:00
CEO OF IXONOS PLC WILL CHANGE
Ixonos Plc has grown from a domestic software subcontracting company to an international creative solutions company that utilizes mobility and cloud technologies. The company has gone through a substantial change during the past year including downsizing the operations and focusing its strategy. During that change Ixonos has been able to win new substantial international customers. The change project is over to a large extent and the company is moving towards a new phase of international growth.
Kari Happonen, The CEO and President of Ixonos Plc will leave his post as of today, November 5th 2012. According to the CEO’s executive agreement, the notice period for a CEO is six months. During that six months period Happonen will continue as an advisor for the Board of Directors. The Board of Directors would like to thank Happonen for carrying through the change process and for his strategic insight that has help the company in its transformation and redirection towards an international company
The Board of Directors has nominated MSc (engin.) Timo Kaisla (43) the Director of Connected Devices service area as an interim CEO for the company.
The search of the new CEO has been started and the process is expected to be carried out rapidly.
IXONOS PLC
Board Of Directors
Additional Information:
Ixonos Plc, Pertti Ervi, Chairman of the Board, tel. +33 6 85 83 91 53
Ixonos Plc, Timo Leinonen, CFO, Senior Vice President, Tel.+358 400 793 073, email. timo.leinonen@ixonos.com
Distribution:
NASDAQ OMX Helsinki
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