Stock Exchange Release
September 27, 2013 at 11.45 am (CET+1)
Kemira`s President and CEO Wolfgang Büchele announced today that he will resign from his current position as Kemira`s President and CEO to become the CEO of Linde AG. Linde, a German gases and engineering company, had revenue of EUR 15,280 million and 61,965 employees in 2012. It has been agreed that Büchele will continue as Kemira`s President and CEO until April 30, 2014.
Kemira Oyj`s Chairman of the Board Jukka Viinanen: "While I regret the departure of Wolfgang, I respect his decision to take the position as the CEO of Linde. Wolfgang has brought Kemira extensive and broad industrial knowledge combined with international experience and network. During his period as the President and CEO, Wolfgang successfully started a significant structural change in Kemira to become a profitable water quality and quantity management focused company. I would like to take the opportunity to thank Wolfgang for the valuable work he did as a CEO. With its strong Management Board and experienced Board of Directors, Kemira will continue to implement the started change initiatives and focus to deliver on our strategy."
Kemira Board of Directors has already initiated the search for the new President and CEO.
For more information, please contact
Jukka Viinanen, Chairman of the Board
Tel. +358 50 552 3292
Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise and chemicals that improve our customers` water, energy and raw material efficiency. Our focus is on pulp & paper, oil & gas, mining and water treatment. In 2012, Kemira had annual revenue of EUR 2.2 billion and around 4,900 employees. Kemira shares are listed on the NASDAQ OMX Helsinki Ltd.
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Kemira Oyj via Thomson Reuters ONE