Teleste Corporation
Press release
July 11, 2024, at 3:00 p.m. EEST

Mervi Kerkelä Hiltunen appointed as Teleste's new CFO and management team member

Turku, Finland - 11 July 2024 - Teleste Corporation is pleased to announce the appointment of Mervi Kerkelä-Hiltunen (MSc. Econ) as the company's new Chief Financial Officer, effective October 2024. In her new role, she will also join Teleste's management team.

Mervi Kerkelä-Hiltunen has over 25 years of diverse experience in financial management within international business across various industries. In her previous roles, she has developed strong expertise in advancing comprehensive financial operations and driving organizational change. Prior to joining Teleste, she served as the CFO of QPR Software Plc.

"Teleste's broadband network, public safety and information technologies present a unique opportunity to address critical issues such as climate change, urbanization, and digitalization through the company's strategic initiatives. This greatly inspires me as I take on my new role as part of Teleste's top team. I am eager to leverage my previous experience while also embracing new learning opportunities to advance Teleste's strategy," says Mervi Kerkelä-Hiltunen.

"We warmly welcome Mervi Kerkelä-Hiltunen to Teleste to implement our strategy. Her diverse and international experience in finance and business development will be invaluable as she begins her journey with us. We are thrilled to have her bolster the management of our group's business and finance," says Teleste's CEO Esa Harju.

Inquiries for more information:

Esa Harju, CEO
Tel. +358 2 2605 611
investor.relations@teleste.com

About Teleste
Teleste offers an integrated product and service portfolio that makes it possible to build and run a better networked society. Our solutions bring television and broadband services to you, secure your safety in public places, and guide your use of public transport. With solid industry experience and drive for innovations, we are a leading international company in broadband, security and information technologies and related services. We connect with our customers through a global network of offices and partners. In 2023, Teleste's net sales reached EUR 151,3 million and it had approximately 800 employees. Teleste is listed on Nasdaq Helsinki. For more information, visit www.teleste.com.