Suominen Oyj - Changes board/management/auditors

Changes in Suominen’s organization and Corporate Executive Team

Helsinki, Finland, 2016-10-26 15:01 CEST (GLOBE NEWSWIRE) -- Suominen
Corporation  Stock Exchange Release 26 October 2016 at 4:00 pm (EEST) 

Changes in Suominen’s organization and Corporate Executive Team

Suominen announces organizational changes that will also have an impact on the
Corporate Executive Team. 

Suominen has decided to eliminate the current geographical split of its
Operations function and form a unified Global Operations function to ensure
global approach to customers. Moreover, to elevate Suominen’s manufacturing to
the next level, Suominen will establish a new global function of Operational
Excellence. 

Mimoun Saïm, currently Senior Vice President, Operations EMEA, has been
appointed Senior Vice President, Global Operations. Larry L. Kinn, currently
Senior Vice President, Operations Americas, has been appointed Senior Vice
President, Operational Excellence. Both Mr. Saïm and Mr. Kinn continue as
members of Suominen’s Corporate Executive Team, reporting to Nina Kopola,
President & CEO of Suominen. 

“A key element in the execution of our strategy is the implementation of
standardized global processes. This organizational change allows Global
Operations to focus even stronger on Manufacturing and Supply on global basis,
while Operational Excellence concentrates on enhancing our Process Technology
and Health, Safety, Environment and Quality, among other manufacturing support
functions”, Nina Kopola, President & CEO, says. 


The organizational change will be effective as of 1 April 2017.

Suominen Corporation
Nina Kopola, President & CEO

For additional information, please contact
Nina Kopola, President & CEO, tel. +358 10 214 300


Suominen in brief

Suominen manufactures nonwovens as roll goods for wipes as well as for medical
and hygiene products. The end products made of Suominen’s nonwovens – wet
wipes, feminine care products and swabs, for instance – bring added value to
the daily life of consumers worldwide. Suominen is the global market leader in
nonwovens for wipes and employs over 600 people in Europe and in the Americas.
Suominen’s net sales in 2015 amounted to EUR 444.0 million and comparable
operating profit to EUR 31.2 million. The Suominen share (SUY1V) is listed in
Nasdaq Helsinki Stock Exchange (Mid Cap). Read more at www.suominen.fi. 

Distribution:

Nasdaq Helsinki
Main media
www.suominen.fi