Ahlstrom reorganises business structure to drive profits
November 05, 2014 - Finland
Beginning from January 1, 2015, Finnish nonwovens producer, Ahlstrom will reorganise its business structure and organization for faster execution and stronger accountability within business areas.
According to Ahlstrom, the aim of the change is to accelerate profitability improvement.
Ahlstrom's new organizational structure will consist of three business areas: Filtration, Building and Energy, and Food and Medical.
These business areas will have stronger operational alignment, including responsibility for sales and marketing, technical customer service, product development and operations.
"The changes in operational and management structure will help to clarify the priorities for each business,” Marco Levi, CEO at Ahlstrom, said.
He added, “I believe that we can facilitate faster execution and optimize our resources by strengthening accountability in the business areas close to our customers and markets."
Alongside, Ahlstrom is also recomposing its executive management team with immediate effect.
Sakari Ahdekivi, CFO will be responsible for Finance and Controlling, Information Technology and Communications
Ulla Bono, Executive Vice President – Legal has been named as General Counsel and Fulvio Capussotti, EVP, Building and Energy is responsible for the wallcovering, flooring and composite businesses.
Omar Hoek, EVP, Food and Medical will head food packaging, masking tape and medical businesses.
Jari Koikkalainen, EVP, Filtration will be looking after transportation filtration and advanced filtration businesses
Nadia Stoykov, EVP will be in charge of Commercial Excellence, Customer Service and Sourcing and Päivi Leskinen has been appointed as Executive Vice President, Human Resources.
Paul Stenson has been appointed as EVP, responsible for Filtration Product Development and Roberto Boggio has been named EVP, Operations, Food and Medical.
Arnaud Marquis will assume the role of Vice President, Wallcover and Poster businesses, reporting to Fulvio Capussotti.
Ahlstrom's three new business areas, Filtration, Building and Energy, and Food and Medical, will form the new financial reporting segments of the company.
The company plans to publish restated financial segment information before publishing its January-March 2015 interim report on April 28, 2015. (AR)
According to Ahlstrom, the aim of the change is to accelerate profitability improvement.
Ahlstrom's new organizational structure will consist of three business areas: Filtration, Building and Energy, and Food and Medical.
These business areas will have stronger operational alignment, including responsibility for sales and marketing, technical customer service, product development and operations.
"The changes in operational and management structure will help to clarify the priorities for each business,” Marco Levi, CEO at Ahlstrom, said.
He added, “I believe that we can facilitate faster execution and optimize our resources by strengthening accountability in the business areas close to our customers and markets."
Alongside, Ahlstrom is also recomposing its executive management team with immediate effect.
Sakari Ahdekivi, CFO will be responsible for Finance and Controlling, Information Technology and Communications
Ulla Bono, Executive Vice President – Legal has been named as General Counsel and Fulvio Capussotti, EVP, Building and Energy is responsible for the wallcovering, flooring and composite businesses.
Omar Hoek, EVP, Food and Medical will head food packaging, masking tape and medical businesses.
Jari Koikkalainen, EVP, Filtration will be looking after transportation filtration and advanced filtration businesses
Nadia Stoykov, EVP will be in charge of Commercial Excellence, Customer Service and Sourcing and Päivi Leskinen has been appointed as Executive Vice President, Human Resources.
Paul Stenson has been appointed as EVP, responsible for Filtration Product Development and Roberto Boggio has been named EVP, Operations, Food and Medical.
Arnaud Marquis will assume the role of Vice President, Wallcover and Poster businesses, reporting to Fulvio Capussotti.
Ahlstrom's three new business areas, Filtration, Building and Energy, and Food and Medical, will form the new financial reporting segments of the company.
The company plans to publish restated financial segment information before publishing its January-March 2015 interim report on April 28, 2015. (AR)