CHANGES IN THE POLICY COMMITTEE
Rapala VMC Corporation
Stock Exchange Release
11/26/2021 at 5:00 PM
RAPALA VMC CORPORATION: CHANGES IN THE EXECUTIVE COMMITTEE
The implementation of the new ONE RAPALA VMC strategy is progressing much faster and is well ahead of schedule. A key element of the new ONE RAPALA VMC strategy is that our leaders work more closely with our business units around the world, with as few management levels as possible in between. To further simplify the management structure and maintain the current pace of transition, HR in Helsinki will now be supporting more regional Rapala VMC teams with a European focus.
In connection with these changes in the emphasis on the Group’s human resources management, Tiina Rolig, the Group’s Chief Human Resources Officer, has decided to seek opportunities elsewhere and leave Rapala VMC and the Management Team before the end of November.
RAPALA VMC CORPORATION
Nicolas Warchalowski
Managing director
For more information, contact:
General Counsel Olli Aho, +358 9 7562 540
Distribution: Nasdaq Helsinki and major media
About Rapala VMC Corporation
The Rapala VMC Group is the world’s leading fishing tackle company and the global market leader in lures, triple hooks and fishing knives and tools. The Group also has a strong global position in other fishing categories and Rapala’s distribution network is the largest in the fishing industry. The main production facilities are located in Finland, France, Estonia, Russia, Indonesia and the United Kingdom. Rapala VMC Group’s brand portfolio includes the industry’s leading brand Rapala and other global brands such as VMC, Sufix, Storm, Blue Fox, Luhr Jensen, Williamson, Dynamite Baits, Mora Ice, StrikeMaster, Marttiini, Peltonen and 13 Fishing outside the United States and Okuma in Europe and Russia . The Group’s turnover in 2020 was EUR 261 million and it employs about 2,100 people in 42 countries. Rapala VMC Corporation ‘s share has been listed and traded on the Nasdaq Helsinki Stock Exchange since 1998.