Betolar Plc

Company Release

3 June 2024 at 12:10 PM EEST

Betolar Plc: Mikko Wirkkala appointed as CFO of Betolar Plc

Mikko Wirkkala (M.Sc. Econ.) has been appointed as company's new Chief Financial Officer and a member of the Management Team. He will start in his position no later than 3 September 2024 and will report to CEO Tuija Kalpala. Riikka Ylikoski, the company's current CFO, will continue in her current role until mid-July. In the interim, Soila Söderström, the company's General Counsel and a member of the Management Team, will undertake the additional responsibilities of the CFO.

Mikko Wirkkala has held demanding international financial leadership roles, having served at Neste Corporation from 2008 to 2024, and brings prior financial experience from Fortum Corporation. Presently, Mikko is the Vice President of Group Finance at Neste, where he is responsible for e.g. the group's external reporting, global financial processes and Corporate Sustainability Reporting Directive (CSRD) implementation. Additionally, he has been earlier in several business unit leadership teams, including Renewable Products, and participated in M&A projects.

"I warmly welcome Mikko to Betolar! Mikko's arrival at Betolar comes at a pivotal time as we forge ahead with our growth strategy. His extensive experience in various areas of finance and his insights into renewable products are invaluable assets for our team. He is a proven leader, known for his ability to drive success and results." says CEO Tuija Kalpala.

"I am excited to join Betolar's important phase in creating sustainable solutions to mining and construction industry", says Wirkkala. 

Betolar Plc

More information

Tuija Kalpala, President and CEO, Betolar, tuija.kalpala@betolar.com,+358 50 567 6608

Certified Adviser:

Aktia Alexander Corporate Finance Oy, +358 50 520 4098

About Betolar

Betolar Plc is a pioneering Finnish materials technology company driving the green transition in mining and construction. Betolar's mission is to help reduce CO₂ emissions and the use of virgin natural resources.

Betolar develops low-carbon and waste-free solutions for the mining and metals industries, and its Geoprime® solution produces i.a. the world's lowest-emission hollow-core slabs. Betolar's AI-powered Data Platform turns industrial side streams into value, accelerates solution development and builds global markets for side streams.

Betolar was founded in 2016 and is domiciled in Kannonkoski, Finland. Betolar is listed on the Nasdaq First North Growth Market. For more information, visit www.betolar.com