STOCK EXCHANGE RELEASE
June 18, 2007
The Board of Directors of Rapala VMC Corporation ("Rapala") have
appointed Mr. Hannu Murtonen and Mr. Tom Mackin as members of the
Group's Executive Committee with immediate effect.
Hannu Murtonen has been in charge of Rapala's distribution companies
in East Europe and from now on he is also in charge of Group
distribution companies in Finland, Sweden, Norway, Denmark,
Switzerland, Hungary, Thailand, China, South Korea and Malaysia.
Tom Mackin is President of Rapala's distribution company in the USA,
which is the largest single market for the Group.
Other members of the Executive Committee and their responsibilities
are as follows:
Jorma Kasslin, Chief Executive Officer
Jouni Grönroos, Chief Financial Officer
Olli Aho, Company Counsel and Investor Relations
King Ming (William) Ng, Head of Chinese Manufacturing Operations &
Hong Kong Office
Juhani Pehkonen, Head of Lure Business
Stanislas de Castelnau, Head of Fishing Hook Business and
distribution in France"One of the cornerstones in our strategy for profitable growth is the
leading distribution network in the industry. These appointments
reflect the importance of sales & marketing and distribution to our
business," states Jorma Kasslin, CEO of Rapala.
RAPALA VMC CORPORATION
Jorma Kasslin
Chief Executive Officer
For further information:
Jouni Grönroos, Chief Financial Officer, tel. +358 9 7562 540
Olli Aho, Company Counsel, tel. +358 9 7562 540
Distribution:
Helsinki Stock Exchange
Main Media
Rapala VMC Corporation is a leading fishing tackle company and the
global market leader in the fishing lures, treble hooks and fishing
related knives and tools. The Group also has a strong global position
in other fishing categories. The Group has its own distribution
companies in all the main markets and the largest distribution
network in the industry. The main manufacturing facilities are
located in Finland, France, Estonia and China. The Group brand
portfolio includes the leading brand in the industry,
Rapala, and other global brands like VMC, Storm, Blue Fox, Luhr
Jensen, Williamson and Marttiini. The Group, with net sales of EUR
227 million in 2006, employs more than 4,000 people in 29 countries.