Arto Tiitinen, President and CEO of Ponsse Oyj, will start as CEO of Keskisuomalainen Oyj on June 1, 2008. The Ponsse board will appoint a new CEO in the course of spring.

“Having worked with agricultural and forestry machinery for 22 years, I find it’s time to look for new challenges. Regarding Ponsse, the targets and goals set for the four-year period have been achieved – the time has come to transfer my duties to my successor during the coming spring. Ponsse has excellent staff and excellent customers,” CEO Arto Tiitinen says. “We shared the success story of Ponsse with Arto, and succeeded in developing our operations into a top class international forest machine company. Our personnel have developed the unique Ponsse-style efficiency in their work and competence development. The company is well placed for strong financial performance, and this is a good basis for the future,” says Einari Vidgrén, Ponsse Chairman.