The combination of Alma Media and Talentum makes headway,

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
The combination of Alma Media and Talentum makes headway, Talentum will have a new CEO

Alma Media Corporation           Stock Exchange Release                 15 January 2016 at 2:00 p.m. THE COMBINATION OF ALMA MEDIA AND TALENTUM MAKES HEADWAY, TALENTUM WILL HAVE A NEW CEO In accordance with the combination plan concluded between Alma Media and Talentum, Talentum’s business operations and Alma Media’s Financial Media and Business Services will be combined to form a new business unit in the course of 2016. In connection to this, the following decisions have been taken: Aarne Aktan, CEO of Talentum Ltd, will step down after the financial statements for 2015 are released on 12 February 2016. Aktan will continue to work for Talentum until the end of June 2016, acting as CEO of Talentum’s Swedish subsidiary. “I thank Aarne Aktan for his contribution to Talentum and excellent collaboration. In his position as CEO, he has been efficient and produced results. Working in collaboration with his management team, Aarne has brought Talentum’s business operations in Finland back on a growth path, in the face of a difficult market situation. I am also delighted that he will continue to work in the position of CEO of Talentum Sweden until the end of June, ensuring that the Swedish subsidiary will be put back on track in a manner similar to that of the Finnish business operations”, comments Kai Telanne, Chair of the Talentum Ltd Board and President and CEO of Alma Media. “Talentum has been a great and rewarding project, and one to be completed in the course of the spring. I am proud of our accomplishments over the past four years. The combination of Alma Media and Talentum is quite something, and there would have been many interesting positions at Alma also. I will announce my plans for the future in the course of the spring”, says Aarne Aktan. “My work will continue in the coming spring in the Swedish press business, where my target will be to improve profitability.” As of 13 February 2016, Juha-Petri Loimovuori will act as CEO of Talentum Ltd; he is also CEO of Kauppalehti Ltd. The following individuals, forming the Management Team of the new business unit to be formed following the combination, will be responsible for the unit’s operations: Arno Ahosniemi (editorial staff); Tuomas Hämäläinen (content sales); Tiina Järvilehto (media sales); Otto Mattsson (Kauppalehti Information Services); Tapio Teppo (Talentum Events) and Pia Ruusukivi (digital development). The Management Team will be supplemented later. The Management Team will begin work on 13 January 2016. As part of the combination process, the companies have agreed on transfers of undertaking regarding certain operations of Talentum Media Ltd and Talentum Ltd. Of the business operations of Talentum Media Ltd, editorials, media sales and circulation sales will be transferred to Kauppalehti Ltd through the transfer of undertaking. Similarly, of the operations of Talentum Ltd, customer services and marketing will be transferred to Kauppalehti Ltd through transfer of undertaking. These transfers of undertaking will take place on 1 February 2016. After the transfers of undertaking, Talentum will continue its current business operation, publishing its media and acquiring corresponding services in the form of outsourced services from Kauppalehti Ltd under a separate service contract, adhering to the current cost structure. In connection with the transfers of undertakings, starting from 1 February 2016, approximately 170 Talentum employees will be transferred as employees retaining their current terms and conditions to the employment of Kauppalehti Ltd. The transfers of undertaking to be carried out will have no significant effect on Alma Media’s or Talentum’s profit or balance sheet. ALMA MEDIA CORPORATION Rauno Heinonen Vice President, Corporate Communications and Investor Relations More information: Kai Telanne, President and CEO, Alma Media Ltd, tel. +358 10 665 3500 Juha-Petri Loimovuori, Senior Vice President, Financial Media and Business Services, Alma Media, tel. +358 010 665 2360 Distribution: Nasdaq Helsinki, Main Media, www.almamedia.fi Alma Media in brief Alma Media is a media company focusing on digital services and publishing. In addition to news services, the company’s products provide useful information related to lifestyle, career and business development. The services of Alma Media have expanded from Finland to the Nordic countries, the Baltics and Central Europe. In 2014, the company employed an average of 1,830 professionals (excluding deliverers), of whom approximately one quarter worked outside Finland. Alma Media’s revenue in 2014 totalled approximately EUR 295 million. Alma Media’s share is listed on Nasdaq Helsinki. Read more at www.almamedia.com.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Feeding Families Foundation Gains $121,500 for NYC Push

Updated Category News Views 5

Holy smokes, here comes some good news in the nonprofit corners! Feeding Families Foundation just got a hefty $121,500 boost from the Association of Contracting Plumbers of the City of New York Inc. This ain't just some pocket change; it's a full-fledged lifeline that helps them keep on delivering meals to parents who are practically living at their kid’s hospital...

Continue Reading
NOAA Taps ICEYE US for Game-Changing SAR Satellite Data

Updated Category News Views 6

The Strategic Move to SAR Data Imagine this: You’re in the thick of a hurricane, where visibility goes out the window, and traditional satellite data chokes under the crushing weight of clouds and nightfall. That's the precise chaos ICEYE US is cutting through with its Synthetic Aperture Radar (SAR) technology. The latest scuttlebutt is that NOAA's getting cozy with...

Continue Reading
RxWellness Hits Inc. 5000—Four Straight Wins Impress

Updated Category News Views 6

RxWellness Spine & Health Continues to Impress Well, not many companies can boast about snagging a spot on the Inc. 5000 list four years in a row, but here we are with RxWellness Spine & Health doing just that. Sitting pretty at No. 1,230 nationally—and that's no small feat—these folks are making waves in the healthcare industry. Securing the No. 135 spot in...

Continue Reading
WellLink Advisory Board Eyes Future of Healthcare Innovation

Updated Category News Views 3

Strategic Collaboration for Healthcare Evolution Ready to shake things up in healthcare, WellLink is setting the stage with its brand new Advisory Board. This move isn’t just about having fancy titles sitting around a conference table — it's about grabbing onto the future with both hands and figuring out just what the heck the healthcare industry needs next....

Continue Reading
Cabot Wilds: Nova Scotia's Next Luxury Golf Haven

Updated Category News Views 7

Breaking New Ground in Golf and Luxury Cabot and the Bragg family are cooking up something extraordinary in Cumberland County, Nova Scotia. The new luxury lifestyle and golf destination, Cabot Wilds, promises to be more than just a retreat—it's a bold statement on how to marry nature, luxury, and community. Set to open in late 2027, this expansive 2,500-acre resort will...

Continue Reading
NY Sheriffs' Court Battle: Immigration Policies Under Fire

Updated Category News Views 5

Sheriffs Clash with State Over Immigration Policies In a tense showdown reminiscent of an old-time standoff, 15 New York county sheriffs have drawn their battle lines against the state’s capricious maneuvers by pushing a federal court to hit the brakes on Albany’s newly minted immigration rule. The so-called “Local Cops, Local Crimes Act” is catching serious heat,...

Continue Reading
FC2 Condom Educates NYC on Health and Wellness

Updated Category News Views 9

Union Square Becomes a Hub of Interactivity The heart of NYC pulsed with purpose as FC2 Female Condom set up shop in Union Square, using the iconic location as a stage for a different kind of celebration. Clear Future, the manufacturer behind FC2, marked Global Female Condom Day with an event unlike any other. It wasn't just about the product—it was a call to educate...

Continue Reading
MSP360 Unveils Free Proxmox Backup: A Game Changer?

Updated Category News Views 8

Backing Up: New Paths for Proxmox Users Ever get that feeling of uncovering something truly worth its weight in gold? That's what MSP360 just dropped on us, with their new backup solution for Proxmox that won’t cost you a dime upfront. They're calling it the Community Edition, and it’s not only free, but it comes with all the bells and whistles for protecting those...

Continue Reading
CSS Revamps Identity, Emphasizing Senior Living Tech

Updated Category News Views 5

CSS Takes a Bold Step with a Fresh Brand Identity Every now and then, you see a company shake off the old coat and put on a polished new one. That's what CSS is doing with its updated brand, staking its claim as a heavyweight tech player in the senior living sector. No small feat, given the challenges stacked against these aging communities—tasked with keeping...

Continue Reading
BMAP Expands: Bridging Borders in Legal Advocacy

Updated Category News Views 4

Breaking Down BMAP's Unique Approach Just when you thought you've seen it all, along comes LMU Loyola Law School swinging the doors wide open with their Binational Migrant Advocacy Project, or as we’re affectionately calling it, BMAP. It's a mouthful, sure, but ain't it something? This project isn't just another feather in academia's cap—it's a relentless counterpunch...

Continue Reading

Top 5 Most Recently Viewed Articles

Discover AC Immune's Innovations at AD/PD 2025 Event

Updated Category News Views 309

Exciting Presentations by AC Immune at the Upcoming AD/PD 2025 AC Immune SA (NASDAQ: ACIU), a forefront clinical-stage biopharmaceutical company, is gearing up for significant presentations at the International Conference on Alzheimer’s and Parkinson’s Disease (AD/PD™ 2025). Scheduled from April 1 to April 5 in Vienna, Austria, this pivotal event highlights the...

Continue Reading
Nvidia Soars to Greater Heights: A $4 Trillion Milestone

Updated Category News Views 219

Nvidia's Historic Achievement: The First $4 Trillion Company Nvidia, a leading force in the world of AI chips, has achieved an unprecedented milestone in the financial landscape, reaching a remarkable $4 trillion in market capitalization. This significant rise showcases both the company's expansion and the increasing importance of AI technologies in today's economy. On a...

Continue Reading
Mesa Laboratories Advances Financial Strategy for Growth

Updated Category News Views 210

Mesa Laboratories Advances Financial Strategy for Growth Mesa Laboratories, Inc. (NASDAQ: MLAB), a prominent player in the life science tools industry, has recently taken significant steps to strengthen its financial position. This follows the execution of a comprehensive financial strategy aimed at optimizing its capital structure. The company has made the strategic...

Continue Reading
Stantec Begins Major Rehabilitation of Toronto's Gardiner Expressway

Updated Category News Views 494

Stantec Engages in Toronto’s Gardiner Expressway Rehabilitation EDMONTON, Alberta and NEW YORK and TORONTO — Stantec, recognized as a global leader in sustainable design and engineering, has embarked on a significant project awarded by the City of Toronto. This initiative involves Owner’s Engineer/Technical Advisory Services (OETA) for the F.G. Gardiner Expressway...

Continue Reading
Exciting Launch of Edible Garden's Innovative Pickle Party

Updated Category News Views 294

Edible Garden Unveils Innovative Pickle Party Line Edible Garden AG Incorporated, a pioneer in controlled environment agriculture and sustainable produce, is stirring excitement with the launch of its new Pickle Party product line. This groundbreaking offering is not just any pickle; it has been labeled the world's first functional pickle. Designed to meet the demands of...

Continue Reading