Tue September 27 09:00 am 2016 in category Stock exchange releases
Nokian Tyres’ President and CEO to change
Nokian Tyres plc Stock Exchange Release 27 September 2016 09.00 a.m.
Nokian Tyres’ President and CEO Ari Lehtoranta has resigned his position in order to pursue new opportunities outside of Nokian Tyres. He continues in his present position until the end of 2016. Company’s Board of Directors will start the recruitment process to select a new President and CEO for the company.
- I want to thank Ari Lehtoranta for his contribution in leading and developing the Company. Nokian Tyres’ position in the market is strong and the outlook positive. Several significant strategic development projects are under way in the Company. Most important among these has been the increase in sales in the Company’s growth markets Central Europe and North America. Company’s management and personnel are highly skilled, and now we will select a new and best possible CEO for the Company, says Petteri Walldén, Nokian Tyres’ Chairman of the Board of Directors.
- Nokian Tyres is in excellent condition. Our customers are satisfied with our products and services. I am proud of our personnel and their capability. I will continue my work in full until the end of the year. At this point, however, I already want to thank everybody at Nokian Tyres and the Board of Directors for excellent cooperation, says Ari Lehtoranta.
Teleconference on 27 September at 1:00 p.m. EET
Chairman of the Board Petteri Walldén and CEO Ari Lehtoranta will be answering questions in a teleconference that will be arranged today, 27 September at 1:00 p.m. EET. You can participate in the telephone conference by calling one of the numbers below 5–10 minutes before the scheduled starting time:
Nokian Tyres plc
Chairman of the Board of Directors
Further information: Chairman of the Board Petteri Walldén, tel. +358 10 401 7476
Distribution: Nasdaq Helsinki, the media and www.nokiantyres.com