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Markus Pietikainen appointed Vice President, Group Treasury and Financial Services in Wartsila.

Europe Intelligence Wire

| November 23, 2009 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Hugin)

Wartsila Corporation, Press Release, November 23, 2009 at 10.00 a.m.

Mr Markus Pietikainen (MSc, Economics) (34) has been appointed Vice President, Group Treasury and Financial Services as from 1 January 2010. Effective from the same date, the Group Treasury and Wartsila Development & Financial Services (WDFS) will operatively merge to achieve synergies in financial operations and services. Mr Pietikainen will report to Raimo Lind, Executive Vice President & CFO.

The current Vice President, Group Treasury, Heikki Horstia will, in line with his employment contract, retire after 30 years of service with the company at the end of February …

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