Nov 18, 2007

Huhtamaki hunts new CEO as Takanen departs


Huhtamaki, the Finnish consumer and speciality packaging group, is looking for a new chief executive following the resignation of Heikki Takanen.

Chief financial officer Timo Salonen will fill the role as an interim measure while the group, which is reviewing its UK consumer goods business, hunts for a new chief.

Huhtamaki has also appointed Clay Dunn, executive vice president Americas, as chief operating officer. The executive vice presidents of the firm's European rigid, flexibles, films and moulded fibre divisions, as well as of the Asia-Oceania-Africa regions, will report to Dunn.

The firm said these appointments would remain in place until it appointed a new chief executive.

Huhtamaki chairman Mikael Lilius said the firm would continue to move in the strategic direction reported in an interim statement on 25 October.

The group said at the time that it wanted to expand its flexible and films businesses globally and would target investment on North America and Asia. Huhtamaki is also reviewing its operations in South Africa.

Huhtamaki Group reported sales of £1.6bn (€2.3bn) in 2006.
Source: packagingnews

No comments: