Fiskars - Changes board/management/auditors

President and CEO of Fiskars to change – Teemu Kangas-Kärki appointed interim President and CEO

Fiskars Corporation
Stock Exchange Release
February 15, 2017 at 08:30 a.m. EET

President and CEO of Fiskars to change – Teemu Kangas-Kärki appointed interim
President and CEO 

Kari Kauniskangas, President and CEO of Fiskars Corporation, has today
announced he will resign from his position. The Board of Directors of the
company has appointed Teemu Kangas-Kärki interim President and CEO as well as
President, SBU Functional. Teemu Kangas-Kärki is the deputy to the CEO and
Fiskars’ Chief Operating Officer. The Board of Directors will start the
recruitment process to select a new President and CEO for the company. 

“I have been the President and CEO of Fiskars for nearly ten years and have had
the privilege to lead Fiskars’ transformation from a holding company to a
leading consumer goods company with several globally recognized brands. Fiskars
is a unique company and it has been extraordinary to build the future of
Finland’s oldest company. I feel that now is the right time for me to leave the
company. Our financial performance was strong last year and we took major steps
forward on our strategic journey”, said Kari Kauniskangas. 

“Kari Kauniskangas has successfully taken Fiskars forward as the company has
grown both organically and through acquisitions and built global businesses and
brands. We will continue to develop Fiskars into a world-class consumer goods
company with a family of iconic lifestyle brands, aiming to achieve our
long-term financial targets”, said Paul Ehrnrooth, Chairman of the Board. “On
behalf of the entire board, I want to extend our warm thank you to Kari for his
contribution and wish him well in the future. We will now proceed to search for
a new CEO.” 

“Fiskars is well positioned in the marketplace today. I feel privileged to have
been asked to lead the company during this transition period. Together with the
entire Fiskars team, we will continue to execute our strategy in the new
structure”, said Teemu Kangas-Kärki. 


FISKARS CORPORATION


Board of Directors


Further information:
Paul Ehrnrooth, Chairman, Board of Directors
Maija Taimi, Head of Corporate Communications and Sustainability
Tel. +358 204 39 5031, communications@fiskars.com



Fiskars – Making the everyday extraordinary
Fiskars serves consumers and customers around the world with a brand portfolio
of globally recognized brands including Fiskars, Gerber, Iittala, Royal
Copenhagen, Waterford, and Wedgwood. Building on our mission to create a family
of iconic lifestyle brands, Fiskars’ vision is to create a positive, lasting
impact on our quality of life. Please visit www.fiskarsgroup.com for more
information.

Attachments:

20170215 President and CEO of Fiskars to change_eng.pdf