Suominen Corporation - Stock Exchange Release 3.8.2018 at 8.15 am EEST

President & CEO of Suominen Corporation changes

Suominen Corporation has appointed Mr. Pekka Ojanpää as the new President & CEO of the Company. Ojanpää works currently as the President & CEO of Lassila & Tikanoja Plc and starts as Suominen’s President & CEO latest on 3 February 2019.

Suominen’s current President & CEO Mrs Nina Kopola will leave her position as President & CEO. Tapio Engström, CFO, has been appointed as Suominen’s interim President & CEO as of 3 August 2018.

The Board of Directors of Suominen thanks Nina Kopola for her contribution for Suominen. At her leadership, the company has transformed into the leading player in its field, purely focused on nonwovens. The Board of Directors sees that Suominen has great opportunities for profitable growth in future, and believes that Pekka Ojanpää is the right person to accelerate these opportunities.

“Suominen has taken right measures in recent years and the company has a strong market position. The ambitious growth targets, as well as its global reach provide me with an exciting challenge”, says Pekka Ojanpää.

Ojanpää (born 1966) is Master of Science (Econ.) and prior to working as President & CEO of Lassila & Tikanoja Plc, has worked, among others, in executive positions at Kemira Oyj and Nokia Corporation. Ojanpää is also member of Board of Directors of Technopolis Plc and member of Supervisory Board of Ilmarinen Mutual Pension Insurance Company. 

Suominen Corporation
Board of Directors

For further information, please contact:

Jan Johansson, Chair of the Board of Directors
Risto Anttonen, Deputy Chair of the Board

Interview requests: Anu Heinonen, VP, Corporate Communications & IR, tel. +358 40 723 6279

Distribution:
Nasdaq Helsinki
Main media
www.suominen.fi

Suominen in brief

Suominen manufactures nonwovens as roll goods for wipes as well as for medical and hygiene products. The end products made of Suominen’s nonwovens – wet wipes, feminine care products and swabs, for instance – bring added value to the daily life of consumers worldwide. Suominen is the global market leader in nonwovens for wipes and employs over 650 people in Europe and in the Americas. Suominen’s net sales in 2017 amounted to EUR 426.0 million and operating profit to EUR 15.0 million. The Suominen share (SUY1V) is listed in Nasdaq Helsinki Stock Exchange (Mid Cap). Read more at www.suominen.fi.