Structural, leadership changes for 'the new Nokian'

NOKIA, Finland—Nokian Tyres P.L.C. is reorganizing the group's management structure to strengthen its "go-to-market execution," the Finnish tire maker said in an Aug. 24 news release.

As part of the move, the company is combining its Passenger Car Tyres commercial operations under one leadership, with increasing strategic and operational synergies across the geographical areas.

Effective as of September, Anna Hyvonen, executive vice president in charge of North America, Nordics and the distribution arm Vianor will be appointed executive vice president of passenger car tires and Vianor.

Bahri Kurter, who served as executive vice president, Central Europe, is leaving the company to pursue his career outside of Nokian, according to the company.

Manu Salmi will continue his position as executive vice president of heavy tires and the Nokia factory.

Nokian said the restructuring move will improve operational efficiency and collaboration.

The process, it added, will focus on building "the new Nokian Tyres" as the company invests in a new European capacity and exits Russia.