Alma Media Oyj: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Alma Media Oyj's President and CEO Comments Ruling by Court of Appeal
Alma Media Oyj announced that The Helsinki Court of Appeal has imposed a fine of 15 day-fines on Mr. Kai Telanne, Alma Media's President and Chief Executive Officer (CEO) for to discrimination at work in connection with the termination of the director contract of Ms. Johanna Korhonen in the autumn of 2008. One member of the Court of Appeal would not have imposed a penalty. The charges were heard in the District Court in the spring of 2011, and the District Court dismissed the charges. Mr. Telanne commented that the director contract with Johanna Korhonen was not terminated on the grounds stated by her and he does not consider the ruling by the Court of Appeal as fair and just. Mr. Telanne will examine the grounds of the ruling carefully and consider an application to the Supreme Court for a leave to appeal.
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