Altia CFO to leave company

31st August, 2018 by Amy Hopkins

Finnish drinks group Altia is on the hunt for a new chief financial officer (CFO) as current incumbent Matti Piri prepares to step down.

Matti Piri has announced his resignation from Altia

Piri will continue in his position as member of the executive management team “until further notice”, but will leave the company before the end of February 2019.

Altia has launched a recruitment drive for a new CFO.

“Matti has had a significant role in the development of Altia to become a leaner and financially stronger company,” said Pekka Tennilä, Altia CEO.

“Matti also played a central role in Altia’s successful initial public offering. I want to thank Matti for his strong contribution during the past five years in Altia’s transformation into the leading Nordic spirits and wine brand house, and wish Matti great success in his new position.”

In the first half of this year, Altia reported a net sales total of €160 million (US$183.4m).

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