EoW May 2010

corporate news

New chairman Mr Pentti Hätälä (left) with Mr Peter Roos ▲ ▲

Time for change With the company’s chief executive officer, Mr Pentti Hätälä, having reached the age of 65, the Maillefer board of directors has announced key changes within its board and management team. On 17 th December 2009, the directors chose to elect Mr Hätälä to the active position of chairman of the board of the Maillefer Group. Consequently on the same date, Mr Peter Roos was promoted to CEO. The changes took effect on 1 st January 2010. Mr Hätälä leaves his executive position after more than 30 years of serving the plastics and wire and cable industries. He joined Nokia Machinery in Finland over 20 years ago, and moved up the company’s ranks before becoming Maillefer’s CEO in 2001. In his new role as chairman of the board, Mr Hätälä will continue to offer his valuable input in steering the company forward. As Maillefer’s current CEO, Mr Roos benefits from over 20 years of experience in the European automotive industry, including several years in key management positions. He joined Maillefer over a year ago as operations officer and has worked closely with Mr Hätälä during that same period. Maillefer SA – Switzerland Fax : +41 21 691 2143 Email : info@maillefer.net Website : www.mailleferextrusion.com

New name for Tyco Telecommunications Tyco Telecommunications, a business unit of Tyco Electronics Ltd concerned in undersea communications tech- nology, has changed its name to Tyco Electronics Subsea Communications (TE SubCom). “Our new name enables us to more closely align ourselves with our parent company, Tyco Electronics,” said David Coughlan, CEO of TE SubCom. management team remains unchanged and TE SubCom maintains the existing company headquarters, research and development laboratories, manu- facturing facilities, ships and depots located worldwide. Tyco Electronics Subsea Communications (TE SubCom) – USA Website : www.subcom.com The company’s

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EuroWire – May 2010