Fiskars appoints Teemu Kangas-Kärki as President of its Home business area

Fiskars Corp.       Stock Exchange Release           March 2, 2012 at 11.00 EET

Fiskars has appointed Teemu Kangas-Kärki as President of its Home business area. Teemu Kangas-Kärki, who has held the position of Chief Financial Officer at Fiskars since 2008, will assume his new duties immediately. The search for a new CFO has begun. In the mean time, Jyri Virrantuomi, Vice President, Finance, has been appointed acting CFO for Fiskars Group.

“As the Nordic region’s market leader in its field and host to a number of prestigious brands, Fiskars Home’s ambition is to become a globally leading consumer goods company for Scandinavian design. I am confident that Teemu Kangas-Kärki’s proven leadership skills will strengthen the clarity of direction of Fiskars Home’s roadmap and accelerate the expansion of our Home business outside the Nordic home markets,” said Kari Kauniskangas, President and CEO of Fiskars Group.

Jaakko Autere, former President of the Home business area, has decided to leave the company for personal reasons.

Fiskars Home offers a wide range of products for the kitchen, the table and the home, with a broad portfolio of respected brands such as Iittala, Fiskars, Arabia and Hackman. Going forward, the focus for Fiskars Home is shifting towards new market openings in Central Europe and Asia. At the end of 2011, there were around 170 Iittala stores, outlets and shop-in-shops in Europe and Asia.


Kari Kauniskangas

President and CEO

Further information:
President and CEO Kari Kauniskangas, tel. +358 204 39 5500

Fiskars is a leading global supplier of consumer products for the home, garden and outdoors. The group has a strong portfolio of respected international brands, including Fiskars, Iittala and Gerber. Founded in 1649 and listed on NASDAQ OMX Helsinki, Fiskars is Finland’s oldest company. Fiskars recorded net sales of EUR 743 million in 2011, and employs some 3,400 people in over 20 countries.