Swedish Match announces retirement of Lennart Freeman
(Thomson Reuters ONE) -
Swedish Match announces that Lennart Freeman, Executive Vice President of
Swedish Match AB, will retire effective March 1, 2011 after more than 30 years
with the Company. Freeman is currently President of the Lights operating units,
and prior to that served as President of Swedish Match International (SMI).
During his tenure as SMI President, Freeman successfully completed a major
restructuring of that operating unit, resulting in the sale of the South African
business to Philip Morris International in September 2009. He was also a part of
the team to successfully execute the merger of the cigar and pipe tobacco
businesses with Scandinavian Tobacco Group in October, 2010, creating one of the
largest cigar companies in the world. Freeman's 33 year career span with Swedish
Match includes serving as President of Swedish Match North America Division from
1999-2008, President of the Swedish Match Cigarette Division, Managing Director
for Cricket Lighters, as well as various marketing and business development
positions within Swedish Match.
"Lennart has been a valued member of the Group Management Team, and brought
leadership and determination in making change happen. On behalf of all of the
employees of Swedish Match, I wish Lennart and his family the very best for the
future", said President and CEO Lars Dahlgren.
____________
For further information, please contact:
Lars Dahlgren, President and Chief Executive Officer
Office +46 8 658 0441, Mobile +46 70 958 0441
Joakim Tilly, Chief Financial Officer
Office +46 8 658 0213, Mobile +46 76 860 9597
Emmett Harrison, Senior Vice President Corporate Communications and
Sustainability
Office +46 8 658 0173, Mobile +46 70 938 0173
Richard Flaherty, President US Sales Division, US Investor Relations contact
Office +1 804 302 1774, Mobile +1 804 400 1774
____________
The character of this information is such that it shall be disclosed by Swedish
Match AB (publ) in accordance with the Swedish Securities Markets Act. The
information was disclosed to the media on 14 January, 2011 at 15.45 p.m. (CET).
____________
Swedish Match develops, manufactures and sells market-leading brands in product
areas Snus and snuff, Other tobacco products (US mass market cigars and chewing
tobacco) and Lights. The Group sells products across the globe, with production
units in seven countries. The Group's global operations generated sales of
14,351 MSEK for the twelve month period ending September 30, 2010. The Swedish
Match share is listed on the NASDAQ OMX Stockholm (SWMA).
____________
Swedish Match AB (publ), Box 7179, SE-103 88 Stockholm
Visiting address: Västra Trädgårdsgatan 15, Telephone: +46 8 658 02 00
Corporate Identity Number: 556015-0756
www.swedishmatch.com
Press release (PDF):
http://hugin.info/1228/R/1479926/415519.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Swedish Match AB via Thomson Reuters ONE
[HUG#1479926]
Unternehmensinformation / Kurzprofil:
Datum: 14.01.2011 - 15:53 Uhr
Sprache: Deutsch
News-ID 50465
Anzahl Zeichen: 3755
contact information:
Town:
STOCKHOLM
Kategorie:
Business News
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"Swedish Match announces retirement of Lennart Freeman"
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