Changes in Fortum’s Management

Markus Rauramo (43), M.Sc., Political Sciences, has been appointed as the new Chief Financial Officer (CFO) at Fortum Corporation. He will be a member of Fortum Management Team and will report to President and CEO Tapio Kuula. Markus Rauramo joins Fortum from Stora Enso, where he has held various managerial and leadership positions since 1993, most recently as CFO. Markus Rauramo will start at Fortum in August 2012 and as a CFO on 1 September 2012.

Fortum’s long-time CFO, Juha Laaksonen, will retire according to his terms of employment at the beginning of 2013.