Fortum Corporation's President and CEO Tapio Kuula has been diagnosed with metastasis of a malignant tumour in the medical examination of his upper arm pains during the weekend. The needed medical treatment and its duration will be decided on the basis of additional examinations. He will start his sick leave immediately.
During Tapio Kuula's leave of absence, Fortum CFO Markus Rauramo will assume responsibility for the duties of President and CEO.
Senior Vice President, Corporate Communications
For additional information, please contact:
Sari Baldauf, Chairman of the Board, Fortum Corporation:
Call-back requests tel. +358 10 45 24121/ Gun Wangel, Executive assistant
Helena Aatinen, Senior Vice President, Corporate Communications, Fortum Corporation,
tel. +358 10 45 20480
NASDAQ OMX Helsinki
Fortum's purpose is to create energy that improves life for present and future
generations. We provide sustainable solutions that fulfil the needs for low
emissions, resource efficiency and energy security, and deliver excellent value
to our shareholders. Our activities cover the generation, distribution and
sales of electricity and heat as well as related expert services.
Fortum's operations focus on the Nordic countries, Russia, Poland and the
Baltics. In the future, the integrating European and fast-growing Asian energy
markets provide additional growth opportunities. In 2012, Fortum’s sales
totalled EUR 6.2 billion and comparable operating profit was EUR 1.7 billion.
We employ approximately 10,400 people. Fortum’s shares are quoted on NASDAQ OMX
Further information: www.fortum.com