The supervisory board of AS Tallinna Sadam (hereinafter: Tallinna Sadam) decided
to extend the term of office of the member of the management board - CCO Margus
Vihman by three years. Margus Vihman's next term of office starts on 1(st)
November 2024 and lasts until 31(st) October 2027.
The supervisory board also decided to bring the business development function to
the management board level and appointed Rene Pärt, the current head of business
development, as the fourth member of the management board. Rene Pärt will start
his term of office on 1(st) May 2024, and it lasts until 30(th) April 2029.
Riho Unt, chairman of the supervisory board of Tallinna Sadam, explained that
due to the long-term slump in east-west trade, it is essential to pay attention
to new business areas and the successful implementation of the port's growth
projects. Consequently, by bringing the business development function to the
management board level, we would like to emphasize the importance of growth
throughout the Tallinna Sadam group. "Rene's responsibility as a new member of
the management board is to lead the development of the group's business
strategy, to lead and manage activities that support growth and new business
areas, as well as to create the necessary environment for the introduction of
green and digital innovation and new technologies."
Riho Unt noted that the management board member - CCO Margus Vihman will
continue on the management board for the next three years and the main focus of
his activities is maximizing the opportunities of existing business lines,
restoring profitability and supporting customers and together with them looking
for development opportunities for the effective use of the resources of Tallinna
Sadam to maximize the value-creation.
Margus Vihman has been a member of the management board of Tallinna Sadama since
2016 and he is a member of the supervisory board of Tallinna Sadam associate
Green Marine. Margus Vihman has a master's degree in international business
management from the Estonian Business School. Previously, Vihman was sales
director at Krimelte OÜ, regional sales director at construction company Ruukki,
and CEO of a sub-organization at construction chemicals company Henkel
Makroflex. Margus Vihman owns 22,486 Tallinna Sadama shares.
Rene Pärt is the head of business development of Tallinna Sadam since 2021 and
he is a member of the supervisory boards of the subsidiaries TS Laevad and TS
Shipping. Rene has a BA in logistics from Tallinn University of Technology and
is currently taking a masters study in business management in Aston University.
Pärt has worked in the international logistics corporation Kühne+Nagel as a
business development manager and in the shipping group DFDS Baltic as a sales
and partner relations manager. Rene Pärt owns 4,000 Tallinna Sadama shares
through his company RP Finance OÜ.
The chairman of the management board Valdo Kalm and management board member -
CFO Andrus Ait also belong to the management board of Tallinna Sadama.
Tallinna Sadam is one of the largest cargo- and passenger port complexes in the
Baltic Sea region. In addition to passenger and freight services, Tallinna Sadam
group also operates in shipping business via its subsidiaries - OÜ TS Laevad
provides ferry services between the Estonian mainland and the largest islands,
and OÜ TS Shipping charters its multifunctional vessel Botnica for icebreaking
and offshore services in Estonia and projects abroad. Tallinna Sadam group is
also a shareholder of an associate AS Green Marine, which provides waste
management services.
Additional information:
Marju Zirel
Head of Investor Relations
Tel. +372 53 42 6591
E-mail: m.zirel@ts.ee (mailto:m.zirel@ts.ee)
|