Tieto appoints Kimmo Alkio as President and CEO

Stock exchange release 26 July 2011 at 12.05 pm EET

Tieto Corporation’s Board of Directors has appointed Kimmo Alkio President and CEO as of 1 November 2011. Alkio joins Tieto from F-Secure Corporation where he has been working as the President and CEO since 2006.

Kimmo Alkio (born 1963) is a Finnish citizen and holds a BBA degree from Texas A&M University and Executive MBA degree from Helsinki University of Technology. Alkio has been a member of Tieto’s Board of Directors and its Remuneration Committee since 2009. He will resign from the Remuneration Committee immediately.

Kimmo Alkio has over 20-years experience from senior positions in various large and smaller product- and service-oriented technology companies. Prior to his current position as the President and CEO of F-Secure, he has worked in Nokia Corporation (2005–2006) as the Vice President for the Consulting & System Integration business and as a member of the Global Services Business Unit management team within Networks. Between 2001 and 2005, Alkio worked in F-Secure as the Chief Operating Officer and before 2001, he worked 14 years in Digital Equipment Corporation and Compaq Computer in numerous management positions with both European and global responsibilities in the headquarter operations in Switzerland, Germany and the United States.

“I am pleased to announce the appointment of Kimmo Alkio as Tieto’s new President and CEO. Kimmo has vast experience from the IT industry in various global management positions. He has also gained experience as a CEO of a listed company, which was one of the key criteria in our CEO selection process. Furthermore, Kimmo has an excellent track record as a leader. Having been a Board member in Tieto for two years he already knows the company well, which is a clear advantage,” says Markku Pohjola, Chairman of the Board.

“I take on my new role as the President and CEO of Tieto with a great deal of enthusiasm. The company has a well established position in the Northern European IT services market, which serves as a solid foundation for future results and expansion. I also expect to personally bring a good degree of global experience for our future competitiveness and operational execution. I look forward to working with our customers and employees in creating customer experiences that take us to a successful and innovative future,” states Kimmo Alkio.

Kimmo Alkio’s CV and photo are available on Tieto's website at www.tieto.com/Appointments.

 

For further information, please contact:
Markku Pohjola, Chairman of the Board, tel. +358 50 1654

 

Press conference at 2.30 pm EET

Tieto will introduce the new President and CEO to media, analysts and investors in a press conference today, 26 July at 2.30 pm EET in Tieto’s headquarters, address Aku Korhosen tie 2, Helsinki, Finland. Markku Pohjola and Kimmo Alkio will be present in the meeting, which will be held in Finnish.

International conference call at 4.00 pm EET

The company will arrange an international conference call hosted by Markku Pohjola and Kimmo Alkio starting at 4.00 pm EET (3.00 pm CET, 2.00 pm UK time). Participants may access the conference directly at the following telephone numbers: UK Toll: +44 (0)20 7136 6283, US callers +1 718 354 1385, code 4169279. Lines are to be reserved ten minutes before the start of conference call.

An on-demand audiocast of the conference will also be published on Tieto's website later during the day. A replay will be available until 2 August in the following numbers: UK Toll: +44 (0)20 7111 1244, US callers: +1 347 366 9565, access code: 4169279#.

 

TIETO CORPORATION

DISTRIBUTION
NASDAQ OMX Helsinki
NASDAQ OMX Stockholm
Principal Media

 

Tieto is the leading IT service company in Northern Europe providing IT and product engineering services. Our highly specialized IT solutions and services complemented by a strong technology platform create tangible business benefits for our local and global customers. As a trusted transformation partner, we are close to our customers and understand their unique needs. With about 18 000 experts, we aim to become a leading service integrator creating the best service experience in IT. www.tieto.com

 

Published on: 
26 July 2011
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