Fiskars Corp. Stock Exchange Release Sept 12, 2014 at 10:00 EET
Teemu Kangas-Kärki, currently President of Fiskars’ Home business area, has been appointed as the Group’s Chief Operating and Financial Officer (COO and CFO) as of immediately. In conjunction with this, he becomes deputy to the CEO and a member of the Group’s Executive Board. Teemu Kangas-Kärki worked as Fiskars Group’s CFO from 2008 to 2012.
The role of Chief Operating Officer is new within Fiskars. In addition to his responsibilities over the company’s financial operations as CFO, Teemu Kangas-Kärki will also be in charge of strategic alignment and prioritization across the company. Furthermore, he will lead the planning of the group’s proposed structural changes together with the CEO. Fiskars announced today plans to dissolve the current business areas, Home and Garden, and create new business region structures. In the meantime, Teemu Kangas-Kärki will also continue to lead the Home business area.
“Teemu is a seasoned and trusted leader with a proven track record of driving strategic change and delivering results. I am happy to welcome him back to the corporate leadership team and look forward to continue leveraging his expertise in ensuring companywide alignment with our growth strategy.” says Kari Kauniskangas, Fiskars President and CEO. “I would also like to take this opportunity to thank Jyri Virrantuomi for leading the Group’s finance operations and the whole finance team for their hard work and dedication during this transition period.”
FISKARS CORPORATION
Kari Kauniskangas
President and CEO
Further information:
President and CEO Kari Kauniskangas, tel. +358 204 39 5500
Fiskars 365 – celebrating centuries of pride, passion and design. Every day.
Established in 1649 as an ironworks in a small Finnish village, Fiskars has grown to be a leading global supplier of consumer products for the home, garden and outdoors. Available in more than 60 countries, Fiskars products solve everyday problems, making daily home, garden and outdoor projects easier and more enjoyable through superior performance and design. Fiskars is listed on NASDAQ OMX Helsinki, and the company’s net sales were 799 million euro in 2013. The Group’s key international brands are Fiskars, Iittala and Gerber. www.fiskarsgroup.com/365
