Fiskars - Changes board/management/auditors

Fiskars appoints Ulrik Garde Due as President of Living business unit and member of the Fiskars Executive Board

Fiskars Corporation
Stock Exchange Release
January 18, 2016 at 11:00 EET

Fiskars appoints Ulrik Garde Due as President of Living business unit and
member of the Fiskars Executive Board 

Fiskars has announced the appointment of Ulrik Garde Due as President of the
Living business unit. Ulrik Garde Due brings to the position more than 25 years
of experience in luxury consumer goods, with a highly successful track record
of building and reviving major consumer brands. Starting today, he will be a
member of the Fiskars Executive Board and report to Kari Kauniskangas,
President and CEO of Fiskars Corporation. 

Fiskars Living offers a wide range of products for table-top, giftware and
interior décor. Its international brands, such as Iittala, Royal Copenhagen,
Waterford and Wedgwood are known for their beautiful design as well as premium
luxury. 

“Fiskars’ Living is today the global leader in the premium living business. As
we continue to develop and grow the business further, it was important to find
the right person to lead the effort. We are very excited to welcome Ulrik Garde
Due to the team," said Kari Kauniskangas. "His extensive experience in luxury
brands, proven business skills, as well as background in revitalizing consumer
brands into some of the world’s best known brands will help in strengthening
our position, developing the brands and further improving our business." 

“Fiskars has a strong portfolio of iconic brands and a clear global ambition.
I’m excited to join Fiskars to strengthen the consumer experience across
different categories, such as tableware, giftware, interior décor and beyond”,
said Ulrik Garde Due. “Fiskars’ Living products are part of many consumers’
lives and stand for quality, craftsmanship and design. Today the living product
categories are fragmented with many players. We have a great opportunity to
build and leverage common success factors while respecting each of the brands
and their unique characteristics,” continued Ulrik Garde Due. 

Ulrik Garde Due brings with him years of experience with well-recognized luxury
brands, such as Georg Jensen, Burberry and Celine. As the President and CEO at
Georg Jensen, the Danish maker of jewellery, silverware and living products,
Ulrik Garde Due was responsible for the company turnaround and building it into
a global luxury lifestyle brand. At Burberry Ulrik Garde Due was part of the
management team responsible for revitalizing the classic British brand. He
joins Fiskars from the position of Chief Executive Officer of Temperley London,
the British luxury fashion brand. 

As of the beginning of February 2016, Fiskars’ Living business unit consists of
the Scandinavian Living business and English & Crystal Living business. The
Scandinavian Living business consists of the Iittala, Royal Copenhagen,
Rörstrand and Arabia brands. The English & Crystal Living business (currently
WWRD) includes the iconic brands Waterford, Wedgwood, Royal Doulton, Royal
Albert and Rogaška. 

Ulrik Garde Due will lead the English & Crystal Living business and Päivi
Paltola will continue to manage the Scandinavian Living business and report to
Garde Due. He will lead the further integration of the Living business unit,
with focus on developing the brands and embracing their unique strengths, while
pursuing common success factors, such as in-store excellence, omni-channel
presence as well as common platforms and processes. 

Born in Denmark, Ulrik Garde Due has studied business and marketing in
Copenhagen, Paris and London. 


A photo of Ulrik Garde Due can be downloaded at:
http://fiskarsgroup.com/media/image-bank 


FISKARS CORPORATION


Kari Kauniskangas
President and CEO


Further information:
Head of Corporate Communications and Corporate Responsibility Maija Taimi, tel.
+358 204 39 50 31, communications@fiskars.com 



Fiskars – celebrating centuries of pride, passion and design. Every day.
Established in 1649 as an ironworks in a small Finnish village, Fiskars has
grown to be a leading consumer goods company with globally recognized brands
including Fiskars, Iittala, Gerber, Wedgwood and Waterford. With iconic
products, strong brands and global ambitions, Fiskars’ mission is to enrich
people’s lives in home, garden and outdoor. Fiskars’ products are available in
more than 100 countries and the company employs around 8,600 people in 30
countries. Fiskars is listed on Nasdaq Helsinki. www.fiskarsgroup.com

Attachments:

20160118 President Living appointed_eng.pdf