Chief financial officer Timo Karttinen has asked to step down from Fortum's executive management through internal job rotation. He will continue working on Fortum's strategic growth projects. Following Mr. Karttinen's resignation from his CFO duties, Mr. Markus Rauramo, executive vice president, City Solutions has been appointed chief financial officer of the company as of 1 March 2017.

Mr. Per Langer has been appointed Executive Vice President, City Solutions as of 1 March 2017. Currently Mr. Langer is Senior Vice President, Technology and New Ventures. Both Executive Vice Presidents will be members of Fortum's Executive Management and report to President and CEO Mr. Pekka Lundmark.