Brief: Piippo Reaches Settlement Agreement With Former CEO

Piippo Oyj

27/06/2019 07:27

June 27 (Reuters) - Piippo Oyj  PIIPPO.HE :
    * SAID ON WEDNESDAY REACHED SETTLEMENT AGREEMENT WITH FORMER
CEO
KARI HIRVONEN IN ORDER TO AVOID GOING TO COURT
    * ACCORDING TO AGREEMENT HIRVONEN WILL PAY TOTAL
COMPENSATION OF
EUR 132,070 TO CO AND BOTH PARTIES WILL DROP FURTHER CLAIMS
    * THIS AGREEMENT OR FINDINGS OF INTERNAL INVESTIGATION WILL
HAVE
NO EFFECT ON PREVIOUSLY COMMUNICATED SHORT-TERM OUTLOOK

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE2W0TSq
 Further company coverage:  PIIPPO.HE  
   


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