David Nuutinen, President and CEO of Cloetta, has due to private reasons decided to leave Cloetta as of 1 September. Danko Maras, CFO, will assume the position as interim President and CEO. The Board of Directors will immediately initiate a process to find a permanent CEO.
Good sales growth and improved operating profit. Cloetta’s sales were up in the quarter, both organically and through acquisitions. Operating profit (EBIT) for the quarter improved and amounted to SEK 142m (130).
Cloetta’s Board of Directors has decided to appoint David Nuutinen to President and CEO of Cloetta AB. He will assume the position as of 20 July, 2015. David Nuutinen is currently President Cloetta Finland and will succeed Bengt Baron who, after six year as CEO of Cloetta and Leaf, has decided to leave the company.