KESKO CORPORATION STOCK EXCHANGE RELEASE 5.2.2013 AT 09.15 1(1)
Arja Talma, M.Sc. (Econ.), eMBA, 50, has been appointed Senior Vice President
responsible for the Kesko Group's store sites and capital expenditures. Terho
Kalliokoski, M.S. (Econ.), 51, has been appointed Rautakesko Ltd's President.
Jorma Rauhala, M.Sc. (Econ.), 47, has been appointed Kesko Food Ltd's President.
Arja Talma has been a member of the Corporate Management Board since 2005, first
as Kesko Corporation's CFO and from 2011, Rautakesko Ltd's President. At the end
of 2012, the capital in real estate owned by Kesko was â‚¬1.4 billion and lease
liabilities were â‚¬2.3 billion, and the total area of store sites owned and
leased by Kesko was approximately 4.1 million square metres. In the next five
years, Kesko's capital expenditures will total approximately â‚¬1.0-1.5 billion,
especially in Russia.
Terho Kalliokoski has been a member of the Corporate Management Board and Kesko
Food Ltd's President since 2005, before which he was Kesko Corporation's Vice
President for Real Estate. In 2012, the net sales of the building and home
improvement trade were â‚¬2,827 million, Rautakesko is the fifth largest building
and home improvement trade chain in Europe and it operates in eight countries.
In Finland, the K-rauta, Rautia and K-maatalous retailers with their personnel
are responsible for the operations of the building and home improvement stores
and the agricultural stores.
Jorma Rauhala is Vice President for the K-citymarket chain's food trade, before
which he was Kespro Ltd's Managing Director starting from 2007. Rauhala joined
the Kesko Group in 1992. In 2012, the net sales of the food trade were â‚¬4,311
million. More than 900 K-food retailers are responsible for serving K-food store
customers in Finland. In 2012, Kesko Food expanded its operations into Russia.
Starting from 5 February 2013, Kesko's Corporate Management Board is composed of
Matti HalmesmÃ¤ki, Chair; Jorma Rauhala, food trade; Minna Kurunsaari, home and
speciality goods trade and Kesko's customer information and e-commerce projects;
Terho Kalliokoski, building and home improvement trade; Pekka Lahti, car and
machinery trade; Arja Talma, store sites and capital expenditure; Jukka Erlund,
CFO, accounting, finance and IT management; and Matti MettÃ¤lÃ¤, human resources
and stakeholder relations.
Photos of the members of the Corporate Management Board can be downloaded from
Further information is available from President and CEO Matti HalmesmÃ¤ki, Kesko
Corporation, tel. +358 1053 22201.
Vice President, Corporate Communications
NASDAQ OMX Helsinki
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Source: Kesko Oyj via Thomson Reuters ONE