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CapMan announces changes to the composition of its Board of Directors


CapMan Plc Stock Exchange Release 8 August 2013 at 9.00 a.m. EEST

CapMan announces changes to the composition of its Board of Directors

Heikki Westerlund stepped down from CapMan’s Board of Directors on 7 August 2013 following his appointment as CEO. Karri Kaitue, Vice Chairman of the Board, was elected Chairman and Nora Kerppola, a board member, Vice Chairman.  

As of 7 August 2013, the composition of CapMan’s Board of Directors is as follows:

Karri Kaitue (LL. Lic.) (Chairman)
Claes de Neergaard (M.Sc. Econ.)
Koen Dejonckheere (MBA, M.Sc. Eng.)
Nora Kerppola (MBA)
Ari Tolppanen (M.Sc. Eng.) 


As of 7 August 2013, the members of the committees are as follows:

Audit Committee
Karri Kaitue (Chairman)
Nora Kerppola

Nomination Committee
Koen Dejonckheere (Chairman)
Ari Tolppanen

Remuneration Committee
Nora Kerppola (Chairman)
Koen Dejonckheere
Claes de Neergaard


The Board of Directors has decided, in accordance with the Finnish Corporate Governance Code’s Recommendation 22, that due to the overall small size of the Board, the Audit Committee and the Nomination Committee comprise two members.  


For further information, please contact:
Karri Kaitue, Chairman of the Board, CapMan Plc, tel. +358 40 501 5054


Linda Tierala
Manager, Communications and IR

Principal media

CapMan Group is one of the leading private equity firms in the Nordic countries and Russia, with assets under management of €3.3 billion. CapMan has five key investment partnerships – CapMan Buyout, CapMan Russia, CapMan Credit, CapMan Public Market, and CapMan Real Estate – each of which has its own dedicated investment team and funds. Altogether, CapMan employs 105 people in Helsinki, Stockholm, Oslo, Moscow and Luxembourg. CapMan was established in 1989 and has been listed on the Helsinki Stock Exchange since 2001.