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Governance and management of new Orion

Mr Erkki Etola was elected Vice Chairman of the Board of Directors of the new Orion Corporation. Also the following committees were established, composed of the board members as follows:
Audit committee:
Vesa Puttonen (Chairman)
Eero Karvonen
Heikki Vapaatalo
Compensation committee:
Matti Kavetvuo (Chairman)
Erkki Etola
Leena Palotie
R&D committee:
Leena Palotie (Chairman)
Eero Karvonen
Matti Kavetvuo
Heikki Vapaatalo.
Additionally, the Board shall have a Nomination committee, into which the members will be elected later.
Based on an evaluation, the Board of Directors has determined that all the members are independent of the company and its significant shareholders. The company here means both the current Orion Corporation and the new Orion Corporation resulting from the demerger.
Orion Group management organisation as of 1 July 2006
A management organisation has been confirmed for the new Orion Group by the Board of Directors, effective as of 1 July 2006. The business operations of the Orion Group will consist of the following Business Divisions: Proprietary Products, Specialty Products, Animal Health, Fermion and Orion Diagnostica. Functions supporting the divisions are Global Sales, Supply Chain, Research and Development, Business Support, Finance and Administration, and Corporate Functions.
The following persons with their respective responsibility areas have been appointed to the
Executive Management Board
Jukka Viinanen, President and CEO, Orion Corporation, Chairman of the Executive Management Board
Esa Heinonen, Senior Vice President, Research and Development
Markku Huhta-Koivisto, Senior Vice President, Fermion Oy and Supply Chain 
Olli Huotari, Senior Vice President, Corporate Functions
Pekka Kaivola, Senior Vice President, Global Sales
Jari Karlson, Chief Financial Officer (CFO)
Timo Lappalainen, Senior Vice President, Proprietary Products, Animal Health and Business Support
Jaakko Rissanen, Senior Vice President, Orion Diagnostica Oy
Riitta Vartiainen, Senior Vice President, Specialty Products
The members of the Executive Management Board will report to Jukka Viinanen, President and CEO.
Orion Corporation
Jukka Viinanen                                             Olli Huotari
President and CEO                                       General Counsel
Helsinki Exchanges
Orion Corporation
Corporate Administration
Orionintie 1A, 02200 Espoo