Scandinavian Tobacco Group's CFO Leaves the Company after Nine Years
March 08 2018 - 2:11AM
Company Announcement
No. 4/2018
|
Copenhagen, 8 March 2018
Scandinavian Tobacco Group's CFO
Leaves the Company after Nine Years
Scandinavian Tobacco Group A/S announces that
Chief Financial Officer (CFO) Sisse Fjelsted Rasmussen has decided
to leave the company after more than nine years as CFO to take up a
position outside the Company.
CEO of Scandinavian Tobacco Group Niels
Frederiksen says: "I would like to thank Sisse for her leadership
and significant contribution to the company since 2008. As CFO, she
has been a valuable part of Scandinavian Tobacco Group's Executive
Management, and I wish her the best of luck in her future
career."
Scandinavian Tobacco Group continues to have a strong leadership
team and the Company will now initiate a search to fill the
position of CFO. The Company and Sisse Fjelsted Rasmussen have made
an agreement that she will stay in her current role until the end
of May, but will be available to the Company until the end of
August 2018.
This change to the Executive Management has no impact on the
financial outlook for 2018.
For further information, please contact:
For investor enquiries: Torben Sand, Head of
Investor Relations, phone: +45 7220 7126 or
torbensand@st-group.com
For media enquiries: Simon
Mehl Augustesen, Director of Group Communications, phone: +45 7220
7152 or simon.augustesen@st-group.com
About
Scandinavian Tobacco Group
Scandinavian Tobacco Group A/S is a world leading manufacturer of
cigars and pipe tobacco with annual production of three billion
cigars and 5,000 tonnes of pipe and fine-cut tobacco.
Scandinavian Tobacco Group holds market-leading positions in
several categories and has a portfolio of more than 200 brands
providing a complementary range of established global brands and
local champions.
The Group employs 7,300
people in the Dominican Republic, Honduras, Nicaragua, Indonesia,
Europe, New Zealand, Australia, Canada and the US. For more
information please visit www.st-group.com.
Scandinavian Tobacco Group, CFO, 8
March 2018
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Scandinavian Tobacco Group A/S via
Globenewswire
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