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Raisio to reorganise its Brands Division

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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

 

 

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