HKScan Corporation Stock exchange release 28 November 2018 at 12:00 EET
HKScan’s Board of Directors has appointed M.Sc. (agr. econ.) Tero Hemmilä (51) as HKScan Corporation’s President and CEO. Hemmilä transfers to the position of HKScan’s President and CEO from his current role as Commercial Director of the Nordic area at Yara. Hemmilä will start at HKScan no later than in March 2019. For the time being, the tasks of HKScan Corporation’s President and CEO will be carried out by Reijo Kiskola, HKScan’s Chairman of the Board of Directors.
Tero Hemmilä has served as Commercial Director of the Nordic area at Yara from 2015. Prior to this, he was Country Manager of Yara Finland from 2010 to 2015. Hemmilä has worked for HKScan Group between 1997 and 2010 in different roles, among others as SVP in charge of meat business and primary production and as SVP Strategy and Development. Furthermore, Hemmilä has served in HKScan’s Board of Directors from 2011 to 2016.
“We are delighted to begin working together with Tero Hemmilä. Tero represents the versatile food and meat business expertise that is needed in a change situation. I am confident that he will be able to quickly drive reforms that improve the company’s profitability. I warmly welcome Tero to HKScan,” says Reijo Kiskola, Chairman of HKScan’s Board of Directors.
“HKScan’s From Farm to Fork strategy is clear and strong, but its implementation has not yielded the desired change in the company’s profitability. We will set a stronger focus on actions that improve the company’s cost-competitiveness. We still have much to do in improving production efficiency and stabilising the operations at the Rauma unit. HKScan has strong consumer brands, a large selection of great products and a strong place on the consumer’s dinner table. I firmly believe that, together with the personnel, we will be able to improve the company’s competitiveness,” says HKScan’s next President and CEO Tero Hemmilä.
Chairman of the Board of Directors
For more information, please contact the HKScan Media Service Desk, tel. +358 10 570 5700 or by e-mail to email@example.com
HKScan is a Nordic meat and meals company. We employ over 7 300 professionals in striving to serve the world´s most demanding consumers, maintaining quality throughout the full chain of operations, From Farm to Fork. HKScan produces, markets and sells high-quality, sustainably produced pork, beef, poultry and lamb products, as well as charcuterie and meals, with strong consumer brands, including HK®, Scan®, Rakvere®, Kariniemen®, Rose®, Pärsons® and Tallegg®. Our customers are the retail, food service, industrial and export sectors, and our home market comprises of Finland, Sweden, Denmark and the Baltics. We export to close to 50 countries. In 2017, HKScan had net sales of EUR 1.8 billion, making us one of Europe’s leading meat and meals companies. www.hkscan.com