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Timo Hiekkaranta to leave Suominen Corporation

Suominen Corporation  Stock Exchange Release  27 May 2015 at 9:00 (EEST)

Mr Timo Hiekkaranta, Senior Vice President of Suominen’s Convenience business area and a member of Suominen’s Corporate Executive Team, has decided to leave Suominen to pursue his career outside the company.

Timo Hiekkaranta will continue in his current role at Suominen until end of August. Suominen has initiated the search of his successor.

“I want to warmly thank Timo for the excellent work in leading our Convenience business area. His contribution has been essential as we have transformed Suominen into what it is today – a dynamic, global company fully focused on nonwovens. We will miss Timo dearly, but also want to wish him the best of success in his new challenges,” says Nina Kopola, President & CEO of Suominen Corporation.

In case the new Senior Vice President for Convenience business area has not been appointed by the end of August, Nina Kopola will act temporarily as the head of the business area.

Suominen Corporation
Nina Kopola, President & CEO

For further information, please contact:
Nina Kopola, tel +358 10 214 300

Distribution:
NASDAQ Helsinki
Main media
www.suominen.fi

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 approximately 600 people in Europe and in the Americas. Suominen’s net sales in 2014 amounted to MEUR 401.8 and operating profit excluding non-recurring items to MEUR 26.9 (continuing operations). The Suominen share (SUY1V) is listed in NASDAQ OMX Helsinki Stock Exchange. Read more at www.suominen.fi.