Remedy Entertainment Plc Stock Exchange Release November 10, 2023 at 9.00 a.m. EET
Changes in Remedy’s Core Management Team
Remedy Entertainment Plc (“Remedy”) has today resolved to change the composition and roles of its Core Management Team as described in this release.
Remedy’s Chairman of the Board of Directors, Markus Mäki has acted as Chief Product and Technology Officer in the company’s Core Management Team. This role will be separated into two core management positions as follows:
1. Markus Mäki assumes the role of Chief Product Officer. In this role, he will be in charge of managing Remedy’s game portfolio and guiding the game projects in development.
2. Mika Vehkala has been appointed as Chief Technology Officer. Vehkala joined Remedy in 2016 and has acted as Technology Director since 2019. As Chief Technology Officer (CTO), Vehkala will be in charge of the Northlight® game engine and tools technology, the related team as well as other technology initiatives that Remedy has. He will report directly to CEO Tero Virtala. Vehkala’s CV and picture will be available later today on Remedy’s Investor site at https://investors.remedygames.com/company/core-management-team/.
“During the past years we have built our multi-project model and developed our production process. This year we have started a phase in which we will also start launching new games and providing post-launch support to them. Forming these two separate roles ois a natural part of this development. As Alan Wake 2 has just been successfully launched, this is also a good time to implement the change. I warmly welcome Mika to Remedy’s Core Management Team. Mika has a long and diverse experience in game development and related technologies. He deeply understands Northlight and how to take it further to serve Remedy’s future needs”, Remedy’s CEO Tero Virtala said.
As of November 10, 2023, Remedy’s Core Management Team will comprise the following members and roles:
Tero Virtala, Chief Executive Officer
Markus Mäki, Chief Product Officer
Sami Järvi, Creative Director
Terhi Kauppi, Chief Financial Officer
Johannes Paloheimo, Chief Commercial Officer
Christopher Schmitz, Chief Operations Officer
Mika Vehkala, Chief Technology Officer
REMEDY ENTERTAINMENT PLC
Veli-Pekka Puolakanaho, Head of Corporate Development and IR
Phone: +358 50 430 0936
Remedy in brief
Remedy Entertainment Plc is a pioneering, globally renowned video game company founded in 1995 and headquartered in Finland with an office in Stockholm, Sweden. Known for its story-driven and visually stunning action games, Remedy has created multiple successful, critically acclaimed franchises such as Control, Alan Wake and Max Payne. Remedy also develops its own Northlight® game engine and tools technology that powers many of its games. Remedy’s shares are listed on Nasdaq Helsinki’s official list.