Ahlstrom's CEO Jukka Moisio Resigns

Ahlstrom Corporation STOCK EXCHANGE RELEASE 28.02.2008

 

Ahlstrom Corporation's President and CEO Jukka Moisio has announced that after serving the company for 17 years, he will resign from Ahlstrom's service in order to take on new challenges. Moisio will step down from his role as Ahlstrom's CEO immediately, but will remain at Ahlstrom's disposal until August 28, 2008.

 

As of today, Ahlstrom's Board of Directors has appointed B.Sc. Risto Anttonen (born 1949), Senior Vice President, Commercial Operations, to act as interim CEO. Risto Anttonen joined Ahlstrom in 1991 and has held several senior executive positions in the company.

 

The Board of Directors has initiated the search for a new CEO.

 

Ahlstrom's Chairman of the Board, Peter Seligson:

 

"I would like to warmly thank Jukka Moisio for his excellent contribution to Ahlstrom during these years, and especially in recent years for implementing the growth investments and actions to improve profitability. The company is now well positioned for the future and for achieving the goals set. I am also confident that the Ahlstrom team, led by Risto Anttonen, is fully committed to the implementation of the strategy."

 

 

Further information on February 28, 2008:

 

11.00 - 13.00 Finnish time:

Peter Seligson, Chairman of the Board, tel. +358 50 1493

 

11.00 - 14.00 Finnish time:

Risto Anttonen, CEO at interim, tel. +358 10 888 4166

 

13.00 - 14.00 Finnish time:

Jukka Moisio, tel. +358 10 888 4700

 

Distribution:
OMX Nordic Exchange Helsinki
Main media
www.ahlstrom.com

 

 

Ahlstrom is a global leader in the development, manufacture and marketing of high performance fiber-based materials. Nonwovens and specialty papers, made by Ahlstrom, are used in a large variety of everyday products, such as filters, wipes, flooring, labels, and tapes. Based upon its unique fiber expertise and innovative approach, the company has a strong market position in several business areas in which it operates. Ahlstrom's 6,500 employees serve customers via sales offices and production facilities in more than 20 countries on six continents. In 2007, Ahlstrom's net sales amounted to EUR 1.8 billion. Ahlstrom's share is listed on the OMX Nordic Exchange Helsinki. The company website is www.ahlstrom.com.