Raisio’s CEO has resigned
Matti Rihko stepped down as Raisio PLC’s CEO on 3 January 2017, a position he held since 2006.
Rihko and Raisio's board of directors agreed that he could renounce his position with immediate effect.
The Raisio board said it has appointed Jarmo Puputti as interim CEO.
In addition to that role, Puputti will continue his duties as managing director of the Finnish group’s feed and grain trade division, Raisioagro, said the board.
Matti Perkonoja, chairman of the Raisio board, noted the impact Rihko made during his 10 year tenure: “Since 2006, Raisio shareholders have nearly tripled the value of their investment due to the share price increase and the nine years of increased dividends.”