Raisio to reorganise its Brands Division
8/22/2012 4:15 AM EST
Raisio
Company Announcement
Raisio to reorganise its Brands Division
Raisio plc Stock Exchange Release 22 August 2012
RAISIO TO REORGANISE ITS BRANDS DIVISION
Raisio Brands Division will be divided into two new divisions commencing August
22, 2012. The new divisions are Consumer brands and Licensed brands.
Paul Simmonds has been appointed as Vice President of the Consumer brands
Division. The new division consists of Western Europe, Northern Europe and
Eastern Europe food businesses. Paul Simmonds was previously responsible for
the Western Europe food business.
Vincent Poujardieu has been appointed as Vice President of the Licensed brands
Division. In the beginning phase the division will consist of Benecol of which
Vincent Poujardieu has been previously responsible. He also continues as Vice
President of the Group’s business development.
Paul Simmonds and Vincent Poujardieu will report to CEO Matti Rihko.
Reorganisation will not affect Raisio’s financial reporting. Reported divisions
continue to be Brands and Raisioagro.
RAISIO PLC
Heidi Hirvonen
Communications and IR Manager
tel. +358 50 567 3060