Frankis Group Oyj has elected new members to its executive team. Timo Pirskanen has been named as Chief Financial Officer, Olli Väätäinen as Chief Operating Officer, Anssi Koivula as Chief Procurement Officer, and Antti Isokangas as the Group's first Chief Communications Officer. Tommi Tervanen continues as Chief Executive Officer.

Tervanen will take on the main responsibility for developing new restaurant concepts for Frankis Group Oyj, as well as developing its existing brands. The new management team will start its work on 26 January, 2015. Concurrently, Olli Väätäinen will also leave his position on the Board of Directors of Frankis Oyj.

Mr. Väätäinen will be replaced on the Board by Mikael Autio, Investment Manager at Sentica Partners Oy.