Alma Media will combine its Human Resources and Corporate Communications functions under Elina Kukkonen, currently Executive Vice President, Communications and Brand. Merja Ristilä, responsible for HR, leaves the Group Management Team on 31 October as her position is discontinued. From 1 November, the team has nine members.
HR is not the first function Alma has folded into another this year
In March, Alma said General Counsel Mikko Korttila will retire in early 2027 after holding the role since 2007, and that the corporate planning function under him will move to Group Finance before year-end. Senior legal counsel Tiina Kerttula succeeds him on 1 January 2027.
“By combining our Human Resources and Communications functions, we are streamlining our organization and strengthening our ability to execute our strategy,” says Kai Telanne, President and CEO of Alma Media
Alma is streamlining from a position of rising profit
First-half revenue grew 4.9% to EUR 171.0 million, and adjusted operating profit rose 16.9% to EUR 44.8 million. In the second quarter alone, revenue rose 5.0% to EUR 87.9 million, and adjusted operating profit rose 15.6% to EUR 24.4 million, or 27.7% of revenue. All business segments improved their results. The leaner management team is an efficiency move, not a repair job.
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Alma Media will combine its Human Resources and Corporate Communications functions under Elina Kukkonen, currently Executive Vice President, Communications and Brand. Merja Ristilä, responsible for HR, leaves the Group Management Team on 31 October as her position is discontinued. From 1 November, the team has nine members.
HR is not the first function Alma has folded into another this year
In March, Alma said General Counsel Mikko Korttila will retire in early 2027 after holding the role since 2007, and that the corporate planning function under him will move to Group Finance before year-end. Senior legal counsel Tiina Kerttula succeeds him on 1 January 2027.
“By combining our Human Resources and Communications functions, we are streamlining our organization and strengthening our ability to execute our strategy,” says Kai Telanne, President and CEO of Alma Media
Alma is streamlining from a position of rising profit
First-half revenue grew 4.9% to EUR 171.0 million, and adjusted operating profit rose 16.9% to EUR 44.8 million. In the second quarter alone, revenue rose 5.0% to EUR 87.9 million, and adjusted operating profit rose 15.6% to EUR 24.4 million, or 27.7% of revenue. All business segments improved their results. The leaner management team is an efficiency move, not a repair job.
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