Nokian Tyres appoints Teemu Kangas-Kärki to CFO and Jukka Kasi to Vice President, Products and Technologies
Nokian Tyres plc Stock Exchange Release June 4, 2018, 10:00 a.m.
Mr. Teemu Kangas-Kärki (M.Sc., Economics) has been appointed Nokian Tyres’ new Chief Financial Officer (CFO). He will take up the position on July 16, 2018. Kangas-Kärki has served in various international business and corporate financial positions since 1992, most recently in Fiskars Plc. Simultaneously, Nokian Tyres has appointed Mr. Jukka Kasi (MSc., Electronics) to Vice President, Products and Technologies, starting October 1, 2018. Both Kangas-Kärki and Kasi will be members of Nokian Tyres management team and report to the President & CEO Hille Korhonen.
– Teemu Kangas-Kärki has a strong background as a CFO. His financial expertise and familiarity with the consumer goods and retail business in Europe and USA will be a major asset to us as we are aiming at doubling our sales in North America and growing our sales by 50% in Central Europe in the next 5 years, as well as maintaining our market leader positions in Nordics and Russia, says Hille Korhonen, President & CEO of Nokian Tyres.
Mr. Kasi will be responsible for leading and developing Nokian Tyres’ global Product Management, Advance Development and R&D functions. Kasi has extensive experience in research and development and product management in various companies, most recently in Danfoss Drives as Vice President, Products & Segments.
– We are delighted to get Jukka into our team. He has proven track record of leading product management, operations, and R&D in global industrial business. We want to ensure that Nokian Tyres continues to be a leader in innovation in terms of both products and solutions, says Korhonen.
Teemu Kangas-Kärki’s and Jukka Kasi’s photos and CVs are available at www.nokiantyres.com/company/investors/corporate-governance/the-groups-management-team/
Nokian Tyres plc
Päivi Antola
Vice President, Corporate Communications and Investor Relations
Further information: Ms. Hille Korhonen, President & CEO, tel. +358 10 401 7733
Distribution: Nasdaq Helsinki Ltd, the media, and www.nokiantyres.com
Nokian Tyres is the world’s northernmost tyre manufacturer. The company promotes and facilitates safe driving in demanding conditions. It supplies innovative tyres for cars, trucks and special heavy machinery mainly in areas with special challenges on tyre performance: snow, forests and harsh driving conditions in different seasons. Nokian Tyres’ product development is consistently aiming for sustainable solutions for safety and the environment, taking into account the whole life cycle of the tyre. A part of the Nokian Tyres group, the tyre chain Vianor has approximately 1,500 stores in 26 countries. In 2017 Nokian Tyres had approximately 4,600 employees and net sales of approximately 1,6 billion euros. Nokian Tyres’ share is listed on the Nasdaq Helsinki. Further information: www.nokiantyres.com
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