EFORE PLC Stock Exchange Release August 29, 2018 16:00
Changes in Efore Plc’s Management Team
Alessandro Leopardi, Executive Vice President of Efore Digital Light ja Digital Power Business Lines and CEO of Efore Italy will leave the company by October 26th at the latest, to assume a new position in Italy.
“I would like to thank Alessandro for his strong contribution in the company and wish him all the best in his new role” says Jorma Wiitakorpi, President and CEO of Efore.
After the departure of Mr Leopardi, Digital Light and Digital Power Business Lines will for the time being be led by Jorma Wiitakorpi, CEO of Efore Group. At the same time, Carlo Rosati, Finance and Administration Manager in Efore Italy will be appointed as a member of the Executive Management Team and as the interim CEO of Efore Italy.
EFORE PLC
Jorma Wiitakorpi
President and CEO
For further information please contact Jorma Wiitakorpi, President and CEO, tel. +358 40 175 8510.
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Nasdaq Helsinki Oy
Principal media
Efore Group
Efore is an international Group which develops and produces demanding power products. Efore's head office is based in Finland and its R&D functions are located in Finland, Sweden, Italy and China. Sales and marketing operations are located in Europe, United States and China. In the financial year ending in December 2017, consolidated net sales totalled EUR 69.9 million and the Group's personnel averaged 432. The parent company's share is quoted on the Nasdaq Helsinki Ltd.
www.efore.com