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Ahlstrom appoints new Chairman of the Board as part of business strategy

According to Pertti Korhonen, now is the best time to change the Chairman of the Board to serve the best interests of Ahlstrom.

7th October 2014

Innovation in Textiles
 |  Helsinki

Medical/Hygiene, Packaging, Interiors, Sustainable

The Board of Directors of Ahlstrom Corporation has elected Robin Ahlström as new Chairman of the Board following the resignation of Pertti Korhonen.

Robin Ahlström has served as Vice Chairman of the Board since 2014 and as member of the Board since 2013. In his new role, Ahlström will also become a member of the Shareholders' Nomination Board.

Best time for change

Ahlstrom has gone through a major change and sharpened its business portfolio to become a leading manufacturer of high performance fibre based materials, the company reports.

According to Pertti Korhonen, now is the best time to change the Chairman of the Board in order to serve the best interests of Ahlstrom and its shareholders.  Ahlstrom is advancing the implementation of its strategy to the next stage, a part of which was the appointment of a new CEO, who started in June this year.

Strategy implementation

“We would like to thank Pertti Korhonen for his outstanding contribution to Ahlstrom. Korhonen has served as Chairman of the Board of Ahlstrom since 2013, as Vice Chairman from 2011 to 2013 and as a Board member from 2011. During his time on the Board, Ahlstrom has gone through a considerable transformation,” said Robin Ahlström, Vice Chairman of the Board of Ahlstrom.

“The most important milestones in the implementation of the strategy have been the divestment of the Home and Personal wipes business and the demerger of specialty papers, the Label and Processing business,” he said.

“Korhonen has also led the process of selecting the new company management that will now concentrate on Ahlstrom's next development phases. We will continue the implementation of the long-term strategy and focus on the objectives set for the company.”

Ahlstrom

Ahlstrom is a high performance fibre based materials company, partnering with leading businesses around the world.

The company aims to grow with a product offering for clean and healthy environment. Its materials are used in everyday applications such as filters, medical fabrics, life science and diagnostics, wall coverings and food packaging.

In 2013, Ahlstrom's net sales from the continuing operations amounted to EUR 1 billion. The company’s 3,500 employees serve customers in 24 countries.

www.ahlstrom.com

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