Fiskars Corporation
Inside information
October 16, 2025 at 12.30p.m. (EEST)
Inside information: Fiskars Corporation appoints Jyri Luomakoski as President
and CEO
The Board of Directors of Fiskars Corporation has appointed MBA Jyri Luomakoski
(b. 1967) as President and CEO of Fiskars Corporation. He has served as interim
President and CEO of Fiskars Corporation since May 8, 2025. In connection with
the appointment, Luomakoski has resigned from his position on the Board of
Directors of Fiskars Corporation.
Jyri Luomakoski has over 20 years of experience in international industry and
executive roles. He served as President and CEO of Uponor Corporation from 2008
to 2021, and before that as the company's CFO and Deputy CEO. Luomakoski has
been a member of the Board of Directors of Fiskars Corporation since 2016 and
has served as Vice Chair since 2018. He has previously served in multiple Board
roles in different companies and currently serves as Chair of the Board of YIT
Corporation.
The appointment was based on Luomakoski's experience and alignment with the
company's strategic objectives.
“Jyri Luomakoski has strong financial and industrial expertise as well as solid
experience in leading a listed company. He knows the company well and has
demonstrated determined and forward-looking leadership throughout his career. In
the Board's view, Luomakoski is the best possible choice to lead the Fiskars
Group into its next phase of development,” says Chairman of the Board Paul
Ehrnrooth.
Jyri Luomakoski says he is highly motivated to continue developing the company
as President and CEO.
“I am grateful to the Board for the trust they have placed in me. Fiskars Group
is an iconic company with deep roots and a significant role in both our economy
and culture. Our Group includes world-class brands, strong expertise, and
commitment. I look forward to continuing to work with our teams to develop our
company on its change journey,” says Luomakoski.
FISKARS CORPORATION
Media and Investor Contacts:
Paul Ehrnrooth, Chairman of the Board
Essi Lipponen, Director, Investor Relations, tel. +358 40 829 1192
Fiskars Group in brief
Fiskars Group (FSKRS, Nasdaq Helsinki) is the global home of design-driven
brands for indoor and outdoor living. Since 1649, we have designed products of
timeless, purposeful, and functional beauty, while driving innovation and
sustainable growth. In 2024, Fiskars Group's global net sales were EUR 1.2
billion and we had close to 7,000 employees. We have two Business Areas (BA),
Vita and Fiskars.
BA Vita offers premium and luxury products for the tableware, drinkware, jewelry
and interior categories. Its well-known brands include Georg Jensen, Royal
Copenhagen, Wedgwood, Moomin Arabia, Iittala and Waterford. In 2024, BA Vita's
reported net sales were EUR 605 million. Already 50% of BA Vita's net sales
comes from direct-to-consumer sales, comprising approximately 500 stores and
approximately 60 e-commerce sites.
BA Fiskars consists of the gardening and outdoor categories, in addition to the
scissors and creating, as well as cooking categories. The brands include Fiskars
and Gerber. In 2024, BA Fiskars' net sales were EUR 547 million.
Read more: fiskarsgroup.com