Fiskars Corporation
Stock exchange release
February 5, 2026 at 8.27 a.m. EET
Change in the Fiskars Group Leadership Team
As part of Fiskars Group's transition into a structure based on two
operationally independent Business Areas, the Group makes a change in the
Fiskars Group Leadership Team. As of today, Aamir Shaukat, who has served as
EVP, Group Operations and Sustainability as well as Chief Operations Officer in
BA Vita, will fully focus on his role in BA Vita. Aamir Shaukat will report to
Daniel Lalonde, CEO of Vita, and will no longer be part of the Fiskars Group
Leadership team. The role of EVP, Group Operations and Sustainability will be
discontinued, and Aamir Shaukat's Group duties will move under the Group's CFO,
Jussi Siitonen.
“With our Business Areas in charge of executing the core business, it is clear
that operations development also needs to be run by the Business Areas. We have
announced today that BA Vita is taking steps to reset its performance, and
Aamir's role in this journey is essential. I want to thank Aamir for his
valuable contributions in the Leadership Team and look forward to continuing
working with him,” says Jyri Luomakoski, President and CEO of Fiskars Group.
“After this change, the composition of the Group Leadership Team better reflects
the new way of operating; two independent Business Areas supported by the parent
company,” Luomakoski concludes.
As of today, the Fiskars Group Leadership Team consists of the following
members:
· Jyri Luomakoski, Fiskars Group's President and CEO
· Jussi Siitonen, Group CFO & deputy to the President and CEO of Fiskars Group
· Dr. Steffen Hahn, CEO of Fiskars
· Daniel Lalonde, CEO of Vita
FISKARS CORPORATION
Jyri Luomakoski
President & CEO
Further information:
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