22 Oct 2008, Press release
Dynea appoints new members to Group Management and restructures European regional organisation
Dynea has reorganised its Group management and restructured its European organisation to further develop its strategic direction and to be better equipped to meet the challenges of uncertainty in the markets.
Dynea Group Management
The following appointments have been made in Dynea Group Management:
Mr Ilpo Koivisto has been appointed Executive Vice President and Chief Financial Officer; Ms Nina Kopola, Executive Vice President and President Dynea Europe;
Mr Per Haga, Executive Vice President and President Dynea Asia Pacific; and
Mr Sigve Sporstøl, Executive Vice President, Global Market Applications. All report to Dynea President and CEO Roger Carlstedt.
Region Europe
Following the divestment of Dynea North America in 2007, the role of Dynea’s operations in Europe in fulfilling Dynea’s strategic vision has become even more significant. “In the immediate future we must respond to the challenging situation caused by the prevailing uncertainty in the markets, without sacrificing our future,” Roger Carlstedt emphasises.
To achieve the required momentum and respond to the both short-term as well as long-term challenges, Dynea’s new regional structure in Europe will be built on a functional basis, as follows:
• Operations, headed by Senior Vice President Dr. Ralph Peter Theuer
• Sales & Marketing, headed by Senior Vice President Dr. John Machin
• Market Applications, headed by Senior Vice President Dr. Klaus Hofmann
• Procurement, headed by Group Vice President Mr Tarje Braaten
• Finance, headed by Senior Vice President Mr Jukka Ylinen
Dynea’s Brazilian operations continue to report to the President Dynea Europe.
“Our industry is facing difficult times, but we are confident that by focusing on our core strengths – Dynea’s geographical footprint and strong market presence, our technology offerings and our deep know-how and experience of our customers’ processes – we will be able to stay competitive and serve our customers in the future, too,” says Roger Carlstedt, President and CEO. Dynea will continue to focus on improving its earnings profile while increasing its share of low-emission and non-formaldehyde resin technologies in its portfolio.
For more information, please contact:
Roger Carlstedt, President and CEO, tel. +358 10 585 2030
Nina Kopola, Executive Vice President and President Europe, tel. +358 10 585 2018
Sigve Sporstøl, Executive Vice President, Market Applications, tel. +358 10 585 2021
Dynea in brief
Dynea is a leading provider of adhesion and surfacing solutions with a turnover of
€ 888.0 million in 2007. Dynea has operations in 24 countries in Europe, the Asia Pacific region and South America. With some 40 production units, Dynea employs 2,300 persons. Dynea is controlled by the European private equity firm IK Investment Partners’ 1997 and 2000 funds.