The Board of Directors of Ahlstrom Corporation has confirmed the following appointments:
Jukka Moisio, President of the FiberComposites division and member of the Corporate Executive Team (CET) has been appointed Executive Vice President and deputy to the CEO starting 15 September, 2003.
B. Sc. (Econ.) Svante Adde has been appointed Chief Financial Officer and CET member starting 15 September, 2003. He succeeds Chief Financial Officer Bjarne Mitts, who has been appointed President and CEO of Oy Rettig Ab.
Svante Adde was previously a Managing Director of Lazard, the global investment banking group. Since 1989, he was responsible for Nordic Corporate Finance, based in London. From 2000 he was also the Managing Director of Lazard AB in Stockholm.
Mr. Adde's responsibilities within Ahlstrom Corporation include group financing, accounting and control, corporate planning and internal audit, as well as financial communications.
- Svante Adde's expertise and experience support in an excellent way Ahlstrom's plans concerning IPO and forthcoming growth ambitions, says Juha Rantanen, President & CEO of Ahlstrom Corporation.
Juha Rantanen, President & CEO,
tel. +358 10 888 4700
Svante Adde,
tel. +44 7767 471 787
Ahlstrom in brief
Ahlstrom is a leader in high performance fiber-based materials serving niche markets worldwide. Our fiber solutions are used in a large variety of everyday products for the environment, health care, transport, packaging and home & office. The company, whose heritage spans more than 150 years, is headquartered in Helsinki, Finland, employs approximately 6 600 people and serves customers with sales networks and production facilities in more than 20 countries on five continents. Today, annual net sales of Ahlstrom's fiber solutions business are more than EUR 1.8 billion (US$ 1.8 billion). The company website is