Stock exchange release
August 26, 2009
New President appointed for Fiskars' Home Business Area
NEW PRESIDENT APPOINTED FOR FISKARS' HOME BUSINESS AREA Jaakko Autere, M.Sc. (Econ), has been appointed President of Fiskars' Home Business Area. He will report to Fiskars Corporation's President and CEO, Kari Kauniskangas. Mr. Autere is currently the Managing Director of Orkla AS - Biscuit Division, based in Sweden. He has a long track record in the fast-moving consumer goods industry and has extensive experience in working with international premium brands. Jaakko Autere will assume his duties at Fiskars during the first quarter of 2010 at the latest. Fiskars' President & CEO will act as the business area's interim President until then. "I'm excited about the prospect of working with the leading Scandinavian design brands, and the opportunity to lead Fiskars Home Business Area into a new stage of its development," says Jaakko Autere. The Fiskars Home Business Area specializes in modern Scandinavian design for the kitchen and home. The business area has a strong position on its home markets in Finland, Sweden, Norway, and Denmark through its Arabia, Hackman, Iittala, Fiskars, BodaNova, Höganäs Keramik, Rörstrand, Raadvad, and Høyang-Polaris brands. Internationally, the focus has been on generating growth through the Iittala brand and Iittala stores. Further information: Kari Kauniskangas, President & CEO, tel. +358 9 6188 6222 Jaakko Autere, tel. +46 708 961 000 FISKARS CORPORATION Kari Kauniskangas President and CEO Fiskars is a leading global supplier of consumer products for the home, garden and outdoors. The group has a strong portfolio of trusted international brands, including Fiskars, Iittala, Gerber, Silva, and Buster. Associated company, Wärtsilä Corporation, is also an important part of the group, and forms one of Fiskars' operating segments, together with the Americas, EMEA, and Other. Founded in 1649 and listed on NASDAQ OMX Helsinki, Fiskars is Finland's oldest company. Fiskars recorded net sales of EUR 697 million in 2008, and employs some 3,800 people. www.fiskars.fi