The Board of Directors of Ahlstrom Corporation, provider of innovative fibre-based materials with a function in everyday life, has appointed Sakari Ahdekivi as the interim President & CEO with immediate effect. Sakari succeeded Marco Levi due to the announced merger plan between Ahlstrom and Munksjö Oyj. The merger will create a global leader in sustainable and innovative fibre-based solutions (more than 90 per cent produced from renewable fibres), with leading global positions in the main product areas decor, filtration and release liners. The combined company will be better positioned to serve customers and will have a strengthened position in the value chain through increased size, the press release mentions.
Sakari currently serves as the Chief Financial Officer of Ahlstrom and will continue serving his role and will be a member of the management team of the combined Ahlstrom-Munksjö.
Also Read – Ahlstorm unveils financial results for first nine months of 2016
On the other hand, the company achieved a remarkable turnaround in profitability, resulting in significant value growth for the shareholders during Marco’s leadership. He created a truly customer-driven culture and an inspiring team spirit at Ahlstrom.
Hans Sohlström, Chairman of Board Directors – Ahlstrom said, “I’m pleased that Sakari Ahdekivi will lead Ahlstrom through the transition period until the planned merger with Munksjö will be completed during the first-half of 2017.”
