Suominen?s Board of Directors has decided on the company?s new organization model and new responsibilities of the Executive Management Team members, effective from January 1, 2024. Suominen's Business Areas continue to be Americas and EMEA. Suominen has no reportable segments.

The business of Suominen continues to consist of one operating segment. The Business Areas will be responsible for Sales and Production in their respective regions and will be headed by Markku Koivisto, EVP, EMEA & CTO and Thomas Olsen, EVP, Americas. Jonni Friman, EVP, Transformation Management Office will assume responsibility for Operational Excellence, Sourcing and Supply Chain Management.

He will also continue with his current responsibilities in leading improvement projects and strategy execution. Mimoun Saïm, SVP, Operations will be appointed SVP, Operational Excellence, reporting to Jonni Friman. Composition of Suominen's Executive Management Team as of January 1, 2024: Tommi Björnman, President and CEO, Janne Silonsaari, CFO, Jonni Friman, EVP, Transformation Management Office, Markku Koivisto, EVP, EMEA & CTO, Klaus Korhonen, EVP, HR & Legal, Thomas Olsen, EVP, Americas.