New Business Structure and Appointments in the Dynea Group
Dynea Group is implementing a new business structure for its global operations. Dynea's businesses - panel board, industrial resins, wood and specialty adhesives, and paper overlays - will merge into four regional structures: Europe, North America, Asia Pacific and South America.
With these changes it is important to ensure that Dynea retains and continues to develop its business line applications and customer focus. Accordingly, a business applications promoting structure will be implemented to complement the regions. This will be managed on group level through a new global market organization, headed by Mr. Randy Schwartzhoff who has been appointed Executive Vice President, Global Market Applications. He will be a member of Group Management, reporting to Mr. Roger Carlstedt, CEO.
The Dynea Group Management also includes Mr. Filip Frankenhaeuser, continuing as Executive Vice President and CFO, Mr. David Foot, continuing as Executive Vice President, and Mr. Tom Vestli continuing as Executive Vice President.
The following appointments have been made: Mr Tom Vestli, Executive Vice President, has also been appointed President, Dynea Europe, responsible for the region Europe and region South America. Mr. Garry McClean has been appointed President Dynea North America, and will report to Tom Vestli. Mr. Per Haga has been appointed President Dynea Asia Pacific, and will report to Roger Carlstedt.
All changes and appointments are effective as of March 21st 2005.
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