Management changes at STX Finland

Having managed to achieve a profit in the challenging market situation in 2011, the primary target set for STX is to secure similar development over the years to come. By consolidating sales and marketing into a corporate level activity, STX Finland believes it can better reach its strategic targets by focusing on diversification, differentiation and customer relationship management.

Timo Suistio has been appointed EVP, CMO of STX Finland. He is tasked with enhancing the functioning capacity of sales and marketing and boosting the order book of the shipyards to ensure long-term operation of the company.

Jari Anttila has been appointed EVP, COO of STX Finland. He is tasked with ensuring cost-efficient implementation of company projects, exploiting the resources of both Turku and Rauma shipyards. Mr Anttila will also continue as director of the Turku Shipyard.

Toivo Ilvonen has been appointed director of the Rauma Shipyard.

Tapani Pulli has been appointed deputy director of the Turku Shipyard. He will continue as vice-president, strategic planning.

Mr Suistio and Mr Anttila will report in their duties to president and chairman of STX Finland Oy, Su-Jou Kim; Mr Ilvonen and Mr Pulli will report to EVP, COO Jari Anttila

The changes are effective from 1 March 2012.