Solomon R. Guggenheim Foundation Elects Carl Gustaf Ehrnrooth

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THE SOLOMON R. GUGGENHEIM FOUNDATION ELECTS CARL GUSTAF EHRNROOTH TO BOARD OF TRUSTEES



(NEW YORK, NY – September 26, 2008) — Carl Gustaf Ehrnrooth, 39, of Helsinki, Finland, was elected to the Board of Trustees of the Solomon R. Guggenheim Foundation at the Board’s September 23 meeting in New York. The announcement of Ehrnrooth’s election was made by William L. Mack, the Foundation’s Chairman, who said:

“Our Board is becoming increasingly international––a fitting reflection of the Foundation’s oversight of a global network of museums. Carl Gustaf is a passionate collector, patron, and champion of the arts, and will be a wonderful addition to our Board.”

Mr. Ehrnrooth is a private investor with Corbis Investments S.A., which is controlled by his family and whose core holdings include global consulting and engineering firm Poyry Plc and leading Finnish textile and clothing design company Marimekko Plc. He is also a controlling shareholder and Chairman of the Board of Ekoport Ltd., a waste management company involved in creating energy from various waste materials, a member of the board of Confido Capital, and a former member, Board of Directors, of Amanda Capital Private Equity Fund and Mandatum Bank.

Mr. Ehrnrooth’s involvement in the art world includes serving as a founding member and Vice Chairman, Board of Trustees, of the Kiasma Museum of Contemporary Art Foundation. Additionally, he is closely associated with the Mairea and Maire Gullichsen Foundations––where his wife serves on the Boards of Directors––and both of which oversee important international art collections.

Mr. Ehrnrooth, who has been collecting Finnish and Scandinavian 20th century art for twenty years, has a personal collection of over 500 works focusing on the art of Finland, Sweden, Norway, Denmark, and Iceland. Recently, he began adding European and American contemporary art to his collection and began the process of converting the old stables of Wanantaka, his family’s estate, into a private museum for his contemporary art collection. A selection of Finnish works from Mr. Ehrnrooth’s collection were on exhibit at Pro Artibus, a museum in Tammisaari, a town west of Helsinki during September 2008.

Mr. Ehrnrooth studied Economics at the Swedish School of Economics, and business administration, computer science, and environmental law at the University of Helsinki. He, his wife Maire, and their two children, reside in Helsinki, Finland, and in the South of France.


#1100
September 26, 2008
FOR ADDITIONAL INFORMATION:
Betsy Ennis, Director, Media and Public Relations
Solomon R. Guggenheim Museum
Telephone: 212 423 3842
E-mail: bennis@guggenheim.org