Market announcement
Arco Vara AS
Category
Other corporate action
Date
15.07.2024 09:00:00
Title
Arco Vara AS uueks juhatajaks sai Kristina Mustonen
Message
Arco Vara nõukogu valis Arco Vara AS-i uueks juhatajaks Kristina Mustoneni. Vastavalt nõukogu otsusele algavad Kristina Mustoneni volitused 15. juulist 2024 ning kehtivad neli aastat. Kristina Mustonen on omandanud Estonian Business Schoolis magistrikraadi ärijuhtimise erialal. Ta töötas Maxima Eestis aastatel 2007-2020 ostujuhina, kaks aastat hiljem ostuosakonna juhina ning alates 2015. aastast kommertsosakonna juhina. Kristina Mustonen on töötanud ka Bauhof Groupis kommertsosakonna juhina ning olnud HKScan Estonias juhatuse liige ja Baltikumi äridirektor. 2023. aastal naases Kristina Mustonen Maxima jaeketti, täites seal tegevjuhi rolli kuni 2024. aasta veebruarini. Kristina Mustoneni peamisteks eesmärkideks Arco Varas on bilansimahu kasvatamine vähemalt 100 miljoni euroni ning omakapitali tootluse tõstmine 20%-ni aastas. Arco Vara AS uus juht Kristina Mustonen: "Olen põnevil võimalusest juhtida Arco Vara jätkuva edu ja kasvu poole. Ettevõtte keskendumine uuenduslikele arendusprojektidele ja pühendumus kvaliteetsete elamispindade pakkumisele ühtib minu kirega kasvu edendamise ja väärtuse loomise vastu." Tarmo Sild, Arco Vara nõukogu esimees: "Tahame Arco Vara keerata rohkem näoga klientide poole. Finantsid on olemas, inseneeria on olemas, nüüd tuleb rohkem rõhku pöörata meie klientide vajadustele. Kristina on juhtinud ettevõtteid, mis on edukad ainult tänu sellele, et need on olnud näoga inimese poole. Ta on selleks tööle pannud suuri tiime, seejuures on tema silmavaade raha ja distsipliini osas väga selge." Uus juhataja ei oma Arco Vara AS-i aktsiaid. Nõukogu otsusega kutsutakse Arco Vara AS senine juhataja Miko Niinemäe ettevõtte juhatusest tagasi 31.08.2024. Tiina Malm Finantsjuht Arco Vara AS Tel: +372 614 4630 tiina.malm@arcovara.com (https://www.globenewswire.com/Tracker?data=ubj1SK5s7QpuXWlDix3gOlPOimeTzFI04mnq FaeOqlaEIU-Aagh7d35LTo3YvSJ2A9qHjhdmf5FHWiY2lin_7cGIjeAkNb4ss5_SQxTnTfQ=)
Title
Kristina Mustonen appointed as the new manager of Arco Vara AS
Message
The Supervisory Board of Arco Vara has appointed Kristina Mustonen as the new manager of Arco Vara AS. According to the decision of the Supervisory Board, Kristina Mustonen's authority will take effect on July 15 2024 and will be valid for four years. Kristina Mustonen holds a Master's degree in Business Administration from the Estonian Business School. She worked at Maxima Eesti from 2007 to 2020, initially as a Purchase Manager, later as Head of Purchase Unit, and from 2015 as Chief Commercial Officer. Kristina Mustonen has also served Bauhof Group as a Chief Commercial Officer and HKScan Estonia as a Board Member and Commercial Director for Baltics. In 2023, she returned to Maxima as CEO until February 2024. Kristina Mustonen's main priorities at Arco Vara are increasing the balance sheet to at least 100 million euros and raising the annual ROE to 20%. Kristina Mustonen, Chairman of the Management Board of Arco Vara: "I am excited about the opportunity to lead Arco Vara towards continued success and growth. The company's focus on innovative developments and commitment to providing high- quality living spaces aligns with my passion for promoting growth and creating value." Tarmo Sild, Chairman of the Supervisory Board of Arco Vara: "We want to turn Arco Vara towards a more customer-centric approach. We have the finances and engineering, now we need to focus more on our customers' needs. Kristina has led companies that are successful because they put people first. She has built large teams to achieve this and has a clear vision when it comes to finance and discipline." The new manager does not own shares of Arco Vara AS. Accoring to the decision of the Supervisory Board, Miko Niinemäe will be recalled from the Management Board of Arco Vara AS as of August 31, 2024. Tiina Malm CFO Arco Vara AS Tel: +372 614 4630 tiina.malm@arcovara.com (https://www.globenewswire.com/Tracker?data=ubj1SK5s7QpuXWlDix3gOlPOimeTzFI04mnq FaeOqlaEIU-Aagh7d35LTo3YvSJ2A9qHjhdmf5FHWiY2lin_7cGIjeAkNb4ss5_SQxTnTfQ=)