Sanoma Corporation, Stock Exchange Release, 18 September 2015 at 9:45 CET+1

Sanoma today announced that Harri-Pekka Kaukonen will step down as Chief Executive Officer effective immediately. Sanoma’s Board of Directors has named Chief Financial Officer Kim Ignatius to serve as interim CEO.

"Harri-Pekka has been a strong leader since joining the company in 2011 and one who has managed Sanoma through challenging times and rapid market transition," said Antti Herlin, Chairman of the Board. "His departure is by mutual agreement and the Board is grateful for his valuable contribution to the company. The changes made during Harri-Pekka’s tenure have built a solid foundation for Sanoma’s future. Our priority now is to identify a leader who can leverage our company's assets and leadership team to drive the next stage of Sanoma’s transformation.”

"I would like to thank all of Sanoma’s employees for their hard work during my tenure as CEO," added Harri-Pekka Kaukonen. “I feel privileged to have led this company and am very proud of everything we’ve accomplished.”  

Harri-Pekka Kaukonen joined Sanoma as CEO in January 2011 from Fazer Group. Prior to that he worked for McKinsey & Company.

Additional information

Press contacts:

Hanna Johde
tel. +358 40 673 8977

The Netherlands
Sandra van Vreedendaal
tel. +31 6 12 15 74 92

Investor Relations:

Olli Turunen
tel. +358 40 552 8907

Get the world. Sanoma helps people access and understand the world.

We believe in a world full of opportunities, feelings, reactions and inspiration. A world that you can reach, influence, explore and share. We want to make it yours.

Sanoma is a front running consumer media and learning company in Europe. In Finland and the Netherlands we are the market leading media company with a broad presence across multiple platforms. Our main markets in learning are Belgium, Finland, the Netherlands, Poland and Sweden. In 2014, Sanoma’s net sales totalled EUR 1.9 billion. Sanoma is listed on the Nasdaq Helsinki stock exchange.