LAROX CORPORATION COMPANY ANNOUNCEMENT 15.12.2009 at 10.00 am
CHANGE OF THE CEO AT LAROX
Larox Corporation's Board of Directors and Mr. Toivo Matti Karppanen, President
and CEO of Larox, have today agreed that the term of office of Mr. Karppanen
will end at the end of 2009. The decision is based on mutual understanding. Mr.
Karppanen has been working for Larox since 18 years, and the last ten years as
President and CEO.
The Board has appointed Mr. Juhana Ylikojola (48) Larox Corporation's new
President and CEO, as of January 1, 2010. Mr. Ylikojola has been working for
Larox since 1997 and is heading currently the aftermarket services of Larox.
Larox Corporation
The Board of Directors
For further information:
Mr. Timo Vartiainen
Chairman of the Board
Phone +358 (0) 207 687 305
Fax +358 (0) 207 687 413
timo.vartiainen@larox.com
www.larox.com
Distribution NASDAQ OMX Helsinki Ltd., Central Media
Larox develops, designs and manufactures industrial filters and is a leading
technology company in its field. Larox is a full service solution provider in
filtration for separating solids from liquids. It supplies comprehensive
aftermarket services throughout the lifespan of the Larox solution. Companies
world-wide in mining and metallurgy, chemical processing and related industries
benefit from the Larox technologies. Larox operates in over 40 countries and has
about 600 employees. Larox has production facilities in Finland and in China,
and the Group is headquartered in Lappeenranta, Finland. Net sales in 2008
totaled 208.0 million euros, of which more than 93 % were generated by exports
and the company's foreign operations.