Changes in Amer Sports structure and leadership team

Amer Sports Corporation                           
STOCK EXCHANGE RELEASE
November 29, 2016 at 9:00 a.m.

Changes in Amer Sports structure and leadership team

In line with Amer Sports strategy to accelerate growth in Connected Devices and Services, the company is establishing a Connected Devices and Services Category, covering Amer Sports’ digital services and technologies, as well as Sports Instruments (Suunto). Amer Sports’ Chief Digital Officer Heikki Norta is appointed President, Amer Sports Connected Devices and Services. Mikko Moilanen, President of Sports Instruments and member of Amer Sports Executive Board, has decided to leave the company to pursue his career outside of Amer Sports. His last day at Amer Sports will be December 31, 2016. 

Simultaneously, to pursue on-going integration and scale & synergy, Amer Sports completes its global omni-channel Go to Market model and integrates the Go to Market organization under one global leadership. Michael White, currently Amer Sports’ Chief Commercial Officer and General Manager, EMEA and Americas, will assume the direct responsibility also for the Asia Pacific region as Chief Commercial Officer. Matt Gold, currently General Manager for Asia Pacific and member of Amer Sports Executive Board, has decided to leave the company to pursue his career outside of Amer Sports. His last day at Amer Sports will be February 17, 2017.

Mr. Norta and Mr. White will continue as members of the company Executive Board and they both continue to report to Heikki Takala, President & CEO of Amer Sports. The new positions are effective immediately.

“These changes are another logical step as we pursue our integration and strategic acceleration on our 2020 glidepath,” says Heikki Takala, President & CEO of Amer Sports. “I want to thank Mikko Moilanen and Matt Gold for their significant contributions to the company over the past years.”

For further information, please contact:
Heikki Takala, President and CEO, tel. +358 20 712 2510

DISTRIBUTION
Nasdaq Helsinki
Main media
www.amersports.com

AMER SPORTS
Amer Sports (www.amersports.com) is a sporting goods company with internationally recognized brands including Salomon, Wilson, Atomic, Arc’teryx, Precor, Suunto and Mavic. The company’s technically advanced sports equipment, footwear and apparel improve performance and increase the enjoyment of sports and outdoor activities. The Group’s business is balanced by its broad portfolio of sports and products and a presence in all major markets. Amer Sports shares are listed on the Nasdaq Helsinki stock exchange (AMEAS).

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