President of Fiskars' Home Business Area resigns
Fiskars Corporation Stock exchange release August 18, 2009 at 10.30 AM
PRESIDENT OF FISKARS' HOME BUSINESS AREA RESIGNS
Tero Vähäkylä, Managing Director of Fiskars Corporation's subsidiary, Iittala
Group Ltd, has resigned and will leave the company effective immediately. The
search for a successor to lead Fiskars' Home Business Area has been started. In
the mean time, Fiskars' President & CEO, Kari Kauniskangas, will act as the
subsidiary's interim Managing Director.
"Tero Vähäkylä has been Managing Director of the Iittala Group since 2000, and
during his time the company has strengthened its position as the leading
Scandinavian homeware company and expanded its business internationally. I would
like to thank Tero for a job well done and wish him all the best for the
future," says President & CEO Kari Kauniskangas.
The Fiskars Home Business Area specializes in modern Scandinavian design for the
kitchen and home. The business area has a strong position on its home markets in
Finland, Sweden, Norway, and Denmark through its Arabia, Hackman, Iittala,
Fiskars, BodaNova, Höganäs Keramik, Rörstrand, Raadvad, and Høyang-Polaris
brands. Internationally, the focus has been on generating growth through the
Iittala brand and Iittala stores.
Further information:
President & CEO Kari Kauniskangas, tel. +358 9 6188 6222
FISKARS CORPORATION
Kari Kauniskangas
Fiskars is a leading global supplier of consumer products for the home, garden
and outdoors. The group has a strong portfolio of trusted international brands,
including Fiskars, Iittala, Gerber, Silva, and Buster. Associated company,
Wärtsilä Corporation, is also an important part of the group, and forms one of
Fiskars' operating segments, together with the Americas, EMEA, and Other.
Founded in 1649 and listed on NASDAQ OMX Helsinki, Fiskars is Finland's oldest
company. Fiskars recorded net sales of EUR 697 million in 2008, and employs some
3,800 people.
www.fiskars.fi