The developer behind the popular Angry Birds game, Rovio Entertainment, made it known on Monday, June 10th that they had hired Teemu Suila as their new Chief Operating Officer. Suila is an old hand when it comes to decision-making, as prior to joining Rovio Entertainment he was working as a senior level executive in different departments of the Nokia Siemens Networks and Nokia since 1995 when he joined the Finnish mobile maker. Besides this, prior joining Rovio, Sailu also helped Nokia in streamlining and developing its operations and strategies.
Rovio CEO, Mikael Hed, was quite happy with the appointment of Sailu and he said that, “Teemu’s competence in strategic planning and execution is essential to raise Rovio’s operations to the next level. Rovio’s board and staff are delighted to welcome such an outstanding leader to our team.”
On the other hand, new COO Teemu Suila was also quite excited to join Rovio and he stated, “I am thrilled to join the talented Rovio team in growing the company as a major player in the Entertainment industry. The company has been growing fast and it is crucial that we drive our activities in an effective and efficient manner, without losing the entrepreneurial and artistic spirit.”
Sailu will now utilize his two decades of experience at Rovio. It is important to mention here that weeks before the appointment of Sailu, Rovio declared that it hired CEO Mika Ihamuotila from famous designing company Marimekko, who is also an experienced entrepreneur and a fourth board-level director. These two high-level appointments suggest that Rovio is looking to launch a IPO.
Currently, Rovio has more then, 650 staff members in its headquarters in Finland, Espoo, United States, South Korea, Japan, Sweden and Tamapere. Sales of the company for the year 2012 were close to $195 million and the game developing company has witnessed a increase of 101 percent in its earnings a year before.
As far as the former COO of Rovio, Harri Koponen is concerned he has been given a new role as one of the investors of Rovio.
Koponen said in a statement that, “I’m proud to have had the possibility to contribute to a company like Rovio. My expertise was needed to take the business to this point and now is a good time to pass over the reins. I will stay in the family by moving over into business development to Rovio’s main shareholders investment company.”
Photo: PocketGamer
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