Changes in Oriola-KD's Group Management Team

19-Aug-2011 - Finland

"Oriola-KD's pharmacy chain in Sweden, Kronans Droghandel, moves into a new phase with focus on improved profitability and operational stability. Mr Jonas Levin, Marketing Director of Kronans Droghandel has been appointed Acting Managing Director of the pharmacy chain on 15 August 2011. Mr Jo Langmoen has simultaneously been appointed Senior Advisor for Oriola-KD's retail business in Sweden and member of the Board of Directors of Kronans Droghandel Apotek AB. Ms Cecilia Marlow, member of Oriola-KD's Group Management Team and Managing Director of Kronans Droghandel Apotek AB resigns on 15 August 2011. The search for a new Managing Director starts immediately. During the past three years we have accomplished a lot and have today a well known pharmacy chain with 200 pharmacies. I want to thank Cecilia Marlow for her efforts in taking over the acquired pharmacy chain and launching retail operations in Sweden", said Eero Hautaniemi, President and CEO of Oriola-KD Corporation.

Jonas Levin has worked as Marketing Director of the Kronans Droghandel pharmacy chain since 1 October 2009. Jo Langmoen served as President and CEO of the Tamro Group until July 2009. Cecilia Marlow joined the Oriola-KD Group on 4 August 2008 to prepare the pharmaceutical retail operations in Sweden in connection with the state's pharmacy monopoly deregulation in 2009.

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