Altia replaces CEO

25 November, 2013

Altia Plc has released CEO Antti Pankakoski. He has been CEO since 2007. He left last Wednesday, November 21.

The official statement says: ”Altia has recently clearly fallen behind its financial targets and lost market share. Performance has decreased during the past two years. The company needs new leadership to meet the set goals in challenging market and operational environment,” says board chairman, Matti Tikkakoski.
The board has started the search for a new CEO. of the Executive management team member, senior Vice President Hannu Tuominen has taken over the CEO’s responsibilities until the vacancy is filled.
Tikkakoski says:  “We want to thank Antti Pankakoski for his long term efforts and dedication into developing Altia a leading alcoholic beverage company in the Nordic and Baltic countries.”





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