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2010-10-28 13:00:00 CEST 2010-10-28 13:01:36 CEST REGULATED INFORMATION Amer Sports - Changes board/management/auditorsAmer Sports: Jussi Siitonen appointed new CFOAmer Sports Corporation STOCK EXCHANGE RELEASE October 28, 2010 at 2:00 pm Amer Sports' Senior Vice President, Finance Jussi Siitonen has been appointed new CFO (Chief Financial Officer) of Amer Sports as of January 1, 2011 as the current CFO, Executive Vice President Pekka Paalanne will retire. At the same time, Mr Siitonen will become member of the Executive Board. He will report to Amer Sports' President and CEO Heikki Takala. Siitonen joined Amer Sports on December 1, 2009 from Stora Enso Oyj where he worked in several finance, controlling and project management positions for 18 years. Pekka Paalanne joined Amer Sports in 1997 as the CFO of the company. He has been the deputy CEO since 2004 and the Executive Vice President since 2007."We want to thank Pekka for his great contribution to the company. Pekka has had a pivotal role in the company development during these 14 years and he showed strong commitment to the company by extending his tenure beyond his defined retirement date", says Heikki Takala, President and CEO of Amer Sports. For further information, please contact: Heikki Takala, President and CEO, tel. +358 9 7257 8210 DISTRIBUTION: NASDAQ OMX Helsinki Major media www.amersports.com AMER SPORTS Amer Sports (www.amersports.com) is one of the world's leading sports equipment companies with internationally recognized brands including Salomon, Wilson, Precor, Atomic, Suunto, Mavic and Arc'teryx. All Amer Sports companies develop and manufacture technically advanced products that improve the performance of active sports participants. The Group's business is balanced by its broad portfolio of sports and presence in all major markets. Amer Sports' shares are quoted on the NASDAQ OMX Helsinki. [HUG#1456572] |
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